PKG · XBRL financial data

Packaging Corp of America financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (PKG's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025†Dec 31, 2025
Revenue from contracts with customers	6,658	7,730	8,478	7,802	8,383	8,989
Cost of goods and services sold	5,289	5,857	6,387	6,104	6,600	7,100
Gross profit	1,369	1,873	2,091	1,699	1,783	1,890
Research and development	16	15	—	—	—	—
Selling, general and administrative	540	577	609	581	610	634
Other operating income (expense)	(5)	(13)	(10)	(2)	(23)	(148)
Operating income (loss)	724	1,241	1,421	1,075	1,101	1,107
Income tax expense (benefit)	172	268	335	249	259	254
Net income (loss)	461	841	1,030	765	805	774
Earnings per share, basic USD per share	4.86	8.87	11.08	8.52	8.97	8.61
Earnings per share, diluted USD per share	4.84	8.83	11.03	8.48	8.93	8.58
Weighted average shares, basic millions of shares	94	94	92	89	89	89
Weighted average shares, diluted millions of shares	94	95	93	90	90	90

† Share count changed about 993x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (PKG's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025†Dec 31, 2025
Cash and cash equivalents	975	619	320	648	685	529
Marketable securities	106	86	85	494	102	72
Marketable securities, non-current	43	60	65	64	65	67
Accounts receivable	832	1,071	1,032	1,033	1,144	1,256
Inventory	788	903	977	1,013	1,125	1,243
Prepaid and other current assets	45	47	58	62	167	86
Total current assets	2,750	2,733	2,508	3,254	3,233	3,214
Property and equipment, net	3,193	3,529	3,900	3,864	4,039	4,985
Right-of-use asset	234	238	298	280	277	376
Goodwill	864	924	922	922	922	1,372
Total assets	7,433	7,837	8,004	8,681	8,833	10,726
Accounts payable	387	452	410	402	430	471
Accrued liabilities	216	255	264	254	363	302
Current portion of long-term debt	0	—	0	400	0	—
Total current liabilities	783	885	876	1,266	1,002	1,015
Long-term debt	2,479	2,472	2,474	2,472	2,474	3,967
Lease liability, non-current	174	179	235	212	208	291
Retained earnings	2,836	3,102	3,187	3,447	3,777	3,931
Total stockholders' equity	3,246	3,607	3,667	3,997	4,404	4,598
Total liabilities and equity	7,433	7,837	8,004	8,681	8,833	10,726
Common shares outstanding (cover page) millions of shares	95	94	90	90	90	89,213

† Share count changed about 993x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (PKG's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025†Dec 31, 2025
Net income (loss)	461	841	1,030	765	805	774
Stock-based compensation	30	36	36	40	49	45
Depreciation and amortization	410	418	457	518	526	653
Net cash from operating activities	1,033	1,094	1,495	1,315	1,191	1,558
Purchases of property and equipment	421	605	824	470	670	829
Net cash from investing activities	(426)	(794)	(834)	(875)	(278)	(2,573)
Share repurchases	0	193	523	42	0	153
Dividends paid	300	380	420	449	449	450
Proceeds from long-term debt	0	690	0	397	0	—
Net cash from financing activities	(312)	(656)	(960)	(112)	(876)	859
Net change in cash	295	(356)	(299)	328	37	(156)

† Share count changed about 993x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 2650 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 2650 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Packaging Corp of America	443	2,490	376*	89.1M	Q2 FY26 10-QJun 30, 2026
Smurfit Westrock	723	8,161	874*	524.5M	Q3 FY26 10-QSep 30, 2026
Graphic Packaging Holding	337	2,189	250*	296.1M	Q3 FY26 10-QSep 30, 2026
Sonoco Products	183	2,042	285*	98.9M	Q3 FY26 10-QSep 27, 2026

Not investment advice. Not affiliated with the U.S. SEC.