Packaging Corporation of America (PKG)
Produces containerboard and converts it into corrugated shipping, display, and protective packaging.
$238.85
vs last close+0.54 (+0.23%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,936 | 1,938 | 1,980 | 2,075 | 2,182 | 2,146 | 2,141 | 2,171 | 2,313 | 2,364 | 2,368 | 2,490 |
| Cost of revenue | 1,523 | 1,528 | 1,609 | 1,638 | 1,677 | 1,676 | 1,686 | 1,688 | 1,809 | 1,916 | 1,915 | 1,977 |
| Gross profit | 413 | 410 | 370 | 438 | 505 | 470 | 455 | 483 | 504 | 448 | 453 | 513 |
| 154 | 149 | 174 | 162 | 178 | 168 | 174 | 149 | 180 | 165 | 180 | 179 | |
| 144 | 143 | 152 | 150 | 162 | 147 | 161 | 153 | 154 | 165 | 180 | 179 | |
| General & administrative | 0 | 0 | 152 | 150 | 0 | 0 | 161 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 10 | 6 | 23 | 12 | 16 | 21 | 13 | −4 | 26 | 0 | 0 | 0 |
| Operating income | 259 | 262 | 196 | 276 | 327 | 302 | 280 | 334 | 325 | 282 | 273 | 333 |
| −14 | −13 | −9 | −9 | −9 | −11 | −13 | −13 | −19 | −148 | −53 | −74 | |
| Interest expense | 12 | 11 | 10 | 10 | 10 | 12 | 13 | 13 | 19 | 34 | 33 | 33 |
| Other non-operating income | 2 | 2 | −1 | −1 | −1 | −1 | 0 | 0 | −38 | 114 | 20 | 41 |
| Income before tax | 245 | 249 | 188 | 267 | 319 | 292 | 267 | 321 | 305 | 135 | 220 | 259 |
| Income tax expense | 61 | 59 | 41 | 68 | 81 | 71 | 64 | 79 | 78 | 33 | 49 | 67 |
| Net income from continuing operations | 183 | 189 | 147 | 199 | 238 | 221 | 204 | 242 | 227 | 102 | 171 | 192 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 | 0 |
| Net income | 183 | 189 | 147 | 199 | 238 | 221 | 204 | 242 | 227 | 101 | 171 | 192 |
| EPS, basic | $2.04 | $2.10 | $1.63 | $2.20 | $2.65 | $2.46 | $2.27 | $2.68 | $2.52 | $1.13 | $1.92 | $2.16 |
| EPS, diluted | $2.03 | $2.10 | $1.63 | $2.20 | $2.64 | $2.45 | $2.26 | $2.67 | $2.51 | $1.13 | $1.91 | $2.15 |
| Weighted average shares, basic | 89 | 90 | 89 | 90 | 89 | 89 | 90 | 90 | 90 | 90 | 88 | 88 |
| Weighted average shares, diluted | 90 | 90 | 89 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 89 | 89 |
| EBITDA | 386 | 391 | 326 | 406 | 461 | 439 | 418 | 474 | 515 | 390 | 478 | 469 |
| Depreciation & amortization | 129 | 131 | 128 | 129 | 133 | 136 | 138 | 141 | 153 | 222 | 225 | 176 |
| EBIT | 257 | 260 | 197 | 277 | 328 | 303 | 280 | 334 | 363 | 168 | 252 | 292 |
