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Packaging Corp of America PKG Cargo And Freight — Operating Income

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Other financials

Income statement

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Revenue$2.5B+14.7%
Gross profit$512.5M+6.1%
Operating income$291.2M-12.7%
Net income$192.1M-20.5%
EPS (diluted)$2.15-19.5%

Balance sheet

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Cash & equivalents$442.8M-43.8%
Total debt$4.4B+56.7%
Total equity$4.7B+0.6%
Total assets$11.0B+21.8%

Cash flow

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Operating cash flow$376.0M+25.5%
CapEx$205.9M+21.3%
Free cash flow$170.1M+30.9%

Valuation

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Market cap$22.81B+31.9%
Enterprise value$26.77B+38.6%
P/E33×+13.9×
P/S2.4×+0.4×

Profitability

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Gross margin20.1%-2.0pp
Operating margin10.9%-3.5pp
Net margin7.3%-3.2pp
FCF margin7.8%+0.5pp

Returns & leverage

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Return on equity14.9%-5.8pp
Debt / equity0.9×+0.3×
Current ratio2.9×-0.6×

Where this comes from

Reported directly by Packaging Corp of America in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Packaging Corp of America’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 9:59 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-339405
Three Months Ended June 30, 2026PackagingPaperCorporate and OtherTotal
Less (a):
Variable costs (b)(1,110.6)(83.2)
Fixed costs (c)(522.7)(21.0)
Freight(268.7)(18.9)
Other segment items (d)(96.1)0.1(119.2)
Income (loss) from operations313.234.3(56.3)291.2
Non-operating pension income1.1
Interest expense, net(33.3)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Packaging Corp of America's cargo and freight — operating income?
Packaging Corp of America (PKG) reported cargo and freight — operating income of $0 in Q2 2026.
What is the long-term trend for Packaging Corp of America's cargo and freight — operating income?
Over 3 years (2022 to 2025), Packaging Corp of America's cargo and freight — operating income has grown at a -100.0% compound annual growth rate (CAGR), from -$803.3M to $0.
What does cargo and freight — operating income mean?
This metric represents the operating profit or loss generated specifically by the company's cargo and freight logistics operations. It measures the segment's ability to cover its direct and allocated operating expenses through its logistics service revenue. A negative value indicates that the costs associated with transporting goods exceed the revenue generated by these logistics activities.

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