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Tax

Income Tax

Packaging Corp of America Income Tax increased by 49.5% to $48.9M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 23.1%, from $63.6M to $48.9M. Over 4 years (FY 2021 to FY 2025), Income Tax shows relatively stable performance with a -1.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryOther
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026

How to read this metric

Significant fluctuations may indicate changes in tax legislation, tax planning strategies, or adjustments to deferred tax assets/liabilities.

Detailed definition

Income tax expense is the total amount of tax that a company is obligated to pay to government authorities on its pre-ta...

Peer comparison

Standard across all public companies; highly dependent on the geographic mix of earnings.

Metric ID: income_tax_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$67.4M$83.2M$63.9M$86.1M$99.1M$84.9M$64.9M$63.2M-$65.1M$61.3M$59.3M$40.6M$67.8M$80.5M$70.5M$63.6M$79.1M$78.3M$32.7M$48.9M
QoQ Change+23.4%-23.2%+34.7%+15.1%-14.3%-23.6%-2.6%-203.0%+194.2%-3.3%-31.5%+67.0%+18.7%-12.4%-9.8%+24.4%-1.0%-58.2%+49.5%
YoY Change+47.0%+2.0%+1.6%-26.6%-165.7%-27.8%-8.6%-35.8%+204.1%+31.3%+18.9%+56.7%+16.7%-2.7%-53.6%-23.1%
Range-$65.1M$99.1M
CAGR-6.5%
Avg YoY Growth+2.1%
Median YoY Growth-0.6%

Frequently Asked Questions

What is Packaging Corp of America's income tax?
Packaging Corp of America (PKG) reported income tax of $48.9M in Q1 2026.
How has Packaging Corp of America's income tax changed year-over-year?
Packaging Corp of America's income tax decreased by 23.1% year-over-year, from $63.6M to $48.9M.
What is the long-term trend for Packaging Corp of America's income tax?
Over 4 years (2021 to 2025), Packaging Corp of America's income tax has grown at a -1.3% compound annual growth rate (CAGR), from $267.6M to $253.7M.
What does income tax mean?
The total tax cost recognized by the company on its earnings for the period.