Packaging Corporation of America is a company that manufactures and sells containerboard and corrugated packaging products. It operates in the Packaging and Paper segments. The Packaging segment offers corrugated packaging products such as conventional shipping containers used to protect and transport manufactured goods, multi-color boxes and displays that help to merchandise the packaged product in retail locations, and honeycomb protective packaging products. It also produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. The Paper segment manufactures and sells white papers comprising commodity and specialty papers with various features such as colors, coatings, high brightness, and recycled content.
Type | Public | |
Founded | 1959 | |
HQ | Lake Forest, IL, US | Map |
Website | packagingcorp.com | |
Employee Ratings | ||
Overall Culture | B+ | More |
USD | |
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Revenue (Q1, 2022) | 2.1b |
Net income (Q1, 2022) | 254.2m |
EBIT (Q1, 2022) | 356.5m |
Market capitalization (24-Jun-2022) | 13.4b |
Closing stock price (24-Jun-2022) | 140.6 |
USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
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Revenue | 1.7b | 1.8b | 1.8b | 1.7b | 1.5b | 1.7b | 1.8b | 1.9b | 2.0b | 2.1b |
Cost of goods sold | 1.3b | 1.3b | 1.3b | 1.3b | 1.2b | 1.3b | 1.4b | 1.4b | 1.5b | 1.6b |
Gross profit | 421.4m | 427.9m | 411.4m | 365.0m | 325.8m | 345.4m | 403.7m | 448.8m | 510.7m | |
Gross profit Margin, % | 24% | 24% | 23% | 21% | 21% | 20% | 22% | 24% | 26% |
USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|---|---|---|
Cash | 442.4m | 569.4m | 738.3m | 764.0m | 853.3m | 949.1m | 983.4m | 972.2m | 1.7b | |
Accounts Receivable | 930.3m | 947.0m | 932.3m | 879.5m | 817.3m | 864.6m | 908.6m | 981.4m | 1.1b | |
Prepaid Expenses | 58.0m | 59.2m | 44.9m | 67.9m | 60.9m | 51.2m | 62.8m | 78.6m | 55.4m | |
Inventories | 831.7m | 815.7m | 806.3m | 809.9m | 834.5m | 777.6m | 799.6m | 827.2m | 880.1m |
USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | 186.8m | 380.4m | 560.2m | 141.7m | 198.3m | 337.4m | 166.5m | 373.8m | 624.6m | 254.2m |
Depreciation and Amortization | 94.8m | 190.7m | 288.6m | 100.3m | 208.5m | 309.0m | 100.8m | 205.5m | 311.1m | |
Inventories | (36.1m) | (20.1m) | (10.8m) | (15.7m) | (40.4m) | 16.5m | (11.7m) | (39.4m) | (92.3m) | (38.8m) |
Accounts Payable | 13.2m | (1.8m) | (2.3m) | 28.5m | (37.8m) | (6.2m) | (12.3m) | (2.7m) | 22.3m | 63.6m |
USD | FY, 2018 |
---|---|
Revenue/Employee | 467.6k |
Debt/Equity | 0.9 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2.5 x |
FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | |
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Production (Containerboard), tonnes | 4.08 m | 1.04 m | 1.06 m | 1.07 m | 4.25 m | 1.05 m | 1.07 m | 1.05 m | 4.34 m | |||
Corrugated Products Shipped, sq. ft. | 58.9 b | 14.5 b | 14.9 b | 15.1 b | 59.4 b | 15.3 b | 15.1 b | 16 b | 62.8 b | |||
UFS Produced, tons | 1.02 m | 239 k | 236 k | 236 k | 947 k | 224 k | 148 k | 129 k | 648 k | |||
Packaging Manufacturing Sites | 95 | 95 | 94 | 94 | 95 | 94 | 93 | 93 | 90 | 90 | 89 | 89 |
Company Name | Date | Deal Size |
---|---|---|
Sacramento Container Corp. | August 21, 2017 | $265 m |
Columbus Container | October 11, 2016 | $100 m |
TimBar Packaging & Display | July 06, 2016 | $386 m |
Crockett Packaging | July 25, 2014 | $21 m |
Boise | September 16, 2013 | $1.2 b |
Colorado Container | November 30, 2011 | $21.8 m |
Field Packaging Group | May 17, 2011 | $26.9 m |
Packaging Materials Co | April 14, 2011 | $8.6 m |
Acorn Corrugated Box | February 12, 2004 | $38 m |
Sunbelt Packaging Services | June 05, 2001 | $4.8 m |
Packaging Corporation of America revenue breakdown by business segment: 10.1% from Paper, 88.9% from Packaging and 1.0% from Other
Packaging Corporation of America has 2.39k Twitter Followers. The number of followers has increased 1.6% month over month and increased 6.8% quarter over quarter
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When was Packaging Corporation of America founded?
Packaging Corporation of America was founded in 1959.
Who are Packaging Corporation of America key executives?
Packaging Corporation of America's key executives are Mark W. Kowlzan, Thomas A. Hassfurther and Robert P. Mundy.
How many employees does Packaging Corporation of America have?
Packaging Corporation of America has 15,200 employees.
What is Packaging Corporation of America revenue?
Latest Packaging Corporation of America annual revenue is $7.7 b.
What is Packaging Corporation of America revenue per employee?
Latest Packaging Corporation of America revenue per employee is $508.6 k.
Who are Packaging Corporation of America competitors?
Competitors of Packaging Corporation of America include Greif, Smurfit Kappa and Georgia-Pacific.
Where is Packaging Corporation of America headquarters?
Packaging Corporation of America headquarters is located at 1 N Field Ct, Lake Forest.
Where are Packaging Corporation of America offices?
Packaging Corporation of America has offices in Lake Forest, Akron, Allentown, Arlington and in 105 other locations.
How many offices does Packaging Corporation of America have?
Packaging Corporation of America has 128 offices.
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