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PKG · NYSE · United States · Paperboard Containers & Boxes
In shortPACKAGING CORP OF AMERICA is profitable, generates cash and carries moderate debt, with revenue growing (+7.2% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 12.3% | 58/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 8.6% | 54/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 17.2% | 86/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 9.7% | 65/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 3.17× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.86× | 63/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.91× | 60/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.02 | 75/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 8.1% | 52/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.94× | 80/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 8.8% | 78/100 |
| Operating margin volatility | 1.9% | 92/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 2.0% | 28/100 |
|---|---|---|
| EPS growth, 3-year average | -8.0% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 7,730 | 8,478 | 7,802 | 8,383 | 8,989 |
| Cost of revenue | 5,857 | 6,387 | 6,104 | 6,600 | 7,100 |
| Gross profit | 1,873 | 2,091 | 1,699 | 1,783 | 1,890 |
| Research & development | 15 | – | – | – | – |
| Selling, general & admin | 577 | 609 | 581 | 610 | 634 |
| Operating income | 1,241 | 1,421 | 1,075 | 1,101 | 1,107 |
| Pre-tax income | 1,109 | 1,365 | 1,014 | 1,064 | 1,028 |
| Income tax | 268 | 335 | 249 | 259 | 254 |
| Net income | 841 | 1,030 | 765 | 805 | 774 |
| Diluted EPS | $8.83 | $11.03 | $8.48 | $8.93 | $8.58 |
| Diluted shares (millions) | 95 | 93 | 90 | 90 | 90 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of PACKAGING CORP OF AMERICA are included in the Investor plan. Try free for 7 days →
4.02 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 7, 2026