Packaging Corporation of America Income Statement
PKG / Materials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$9.0B
FY2025
Gross Profit
$1.9B
21.0% gross margin
Operating Income
$1.1B
FY2025
Net Income
$774M
FY2025
Packaging Corporation of America reported $9.0B in revenue and $774M in net income for FY2025. Revenue has grown at a 9.2% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.0B | $8.4B | $7.7B | $6.7B | $7.0B | $7.0B | $6.4B | $5.8B | $5.7B | $5.9B | $3.7B | $5.9B | $3.7B | $2.8B | $2.6B |
| Cost of Revenue | $7.1B | $6.6B | $5.9B | $5.3B | $5.3B | $5.4B | $5.0B | $4.5B | $4.5B | $4.6B | $2.8B | $4.6B | $2.8B | $2.2B | $2.1B |
| Gross Profit | $1.9B | $1.8B | $1.9B | $1.4B | $1.6B | $1.6B | $1.5B | $1.3B | $1.2B | $1.2B | $867.5M | $1.2B | $867.5M | $634.7M | $542.0M |
| SG&A Expense | $634.2M | $610.3M | $576.8M | $539.6M | $557.6M | $536.4M | $519.9M | $468.5M | $451.3M | $469.5M | $326.6M | $469.5M | $326.6M | $280.8M | $258.6M |
| R&D Expense | - | - | - | - | $16.0M | $14.4M | $12.8M | $13.3M | $13.1M | $12.3M | $11.5M | $12.3M | $11.5M | $11.3M | $12.5M |
| Operating Income | $1.1B | $1.1B | $1.2B | $723.9M | $1.1B | $1.1B | $932.5M | $783.3M | $750.0M | $702.7M | $481.9M | $702.7M | $481.9M | $437.6M | $272.7M |
| Interest Expense | - | - | -$152.4M | -$93.5M | -$128.8M | -$95.1M | -$102.6M | - | - | - | - | - | - | - | - |
| Income Tax | $253.7M | $259.3M | $267.6M | $171.7M | $220.6M | $232.5M | $160.0M | $238.9M | $227.7M | $221.7M | -$17.7M | $221.7M | -$17.7M | $214.5M | $85.5M |
| Net Income | $774.1M | $805.1M | $841.1M | $461.0M | $696.4M | $738.0M | $668.6M | $449.6M | $436.8M | $392.6M | $441.3M | $392.6M | $441.3M | $160.2M | $158.0M |
| EPS (Basic) | $8.52 | $11.08 | $8.87 | $4.86 | $7.36 | $7.82 | $7.09 | $4.76 | $4.47 | $3.99 | $4.57 | $1.66 | $1.59 | $2.02 | $2.62 |
| EPS (Diluted) | $8.48 | $11.03 | $8.83 | $4.84 | $7.34 | $7.80 | $7.07 | $4.75 | $4.47 | $3.99 | $4.52 | $1.64 | $1.57 | $2.00 | $2.60 |
| Shares Outstanding | 89.5M | 92.7M | 94.5M | 94.4M | 94.1M | 93.9M | 93.7M | 93.7M | 96.7M | 97.1M | 97.5M | 97.5M | 100.4M | 102.6M | 102.4M |
| Gross Margin | 21.0% | 21.3% | 24.2% | 20.6% | 23.6% | 23.5% | 22.8% | 22.1% | 21.0% | 21.0% | 23.7% | 21.0% | 23.7% | 22.3% | 20.7% |
| Operating Margin | 12.3% | 13.1% | 16.1% | 10.9% | 15.1% | 15.2% | 14.5% | 13.6% | 13.1% | 12.0% | 13.2% | 12.0% | 13.2% | 15.4% | 10.4% |
| Profit Margin | 8.6% | 9.6% | 10.9% | 6.9% | 10.0% | 10.5% | 10.4% | 7.8% | 7.6% | 6.7% | 12.0% | 6.7% | 12.0% | 5.6% | 6.0% |