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Packaging Corporation of America

OverviewSuggest Edit

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products. It operates in Packaging, Paper, and Corporate and Other business 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. Its Paper segment manufactures and sells white papers comprising commodity and specialty papers with various features, such as colors, coatings, high brightness, and recycled content.

TypePublic
Founded1959
HQLake Forest, USMap
Websitepackagingcorp.com
Employee Ratings4.1More
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Latest Updates

Employees (est.) (Dec 2019)15,500(+4%)
Job Openings216
Revenue (FY, 2019)$7 B
Share Price (Nov 2020)$130 (+3%)
Cybersecurity ratingBMore

Key People/Management at Packaging Corporation of America

Mark W. Kowlzan

Mark W. Kowlzan

Chairman and Chief Executive Officer
Thomas A. Hassfurther

Thomas A. Hassfurther

Executive Vice President — Corrugated Products
Robert P. Mundy

Robert P. Mundy

Executive Vice President and Chief Financial Officer
Charles J. Carter

Charles J. Carter

Senior Vice President — Mill Operations
Pamela A. Barnes

Pamela A. Barnes

Senior Vice President — Finance and Controller
Kent A. Pflederer

Kent A. Pflederer

Senior Vice President, General Counsel and Secretary
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Packaging Corporation of America Office Locations

Packaging Corporation of America has offices in Lake Forest, Akron, Allentown, Annandale and in 104 other locations
Lake Forest, US (HQ)
1 N Field Ct
Akron, US
708 Killian Rd # 1
Allentown, US
7451 Cetronia Rd
Annandale, US
4300 Hwy 55
Arlington, US
500 113th St
Arlington, US
500 113th St
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Packaging Corporation of America Financials and Metrics

Packaging Corporation of America Revenue

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Packaging Corporation of America's revenue was reported to be $6.96 b in FY, 2019
USD

Revenue (Q3, 2020)

1.7b

Gross profit (Q3, 2020)

345.4m

Gross profit margin (Q3, 2020), %

20.4%

Net income (Q3, 2020)

139.1m

EBIT (Q3, 2020)

209.5m

Market capitalization (13-Nov-2020)

12.0b

Closing stock price (13-Nov-2020)

130.0

Cash (30-Sept-2020)

949.1m

EV

13.8b
Packaging Corporation of America's current market capitalization is $12 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.4b2.6b2.8b3.7b5.9b5.7b5.8b6.4b7.0b7.0b

Revenue growth, %

60%(2%)1%12%

Cost of goods sold

1.9b2.1b2.2b2.8b4.6b4.5b4.5b5.0b5.4b5.3b

Gross profit

532.2m541.9m639.6m859.2m1.2b1.2b1.3b1.5b1.6b1.6b
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

615.5m642.8m629.5m665.5m670.8m671.4m712.5m723.5m755.2m800.2m845.4m1.5b1.5b1.4b1.4b1.5b1.5b1.6b1.6b1.7b1.8b1.8b1.7b1.8b1.8b1.7b1.5b1.7b

Cost of goods sold

483.8m476.3m496.4m528.6m533.1m526.3m554.4m560.9m572.8m608.1m619.6m1.1b1.1b1.1b1.1b1.2b1.2b1.2b1.2b1.3b1.3b1.4b1.3b1.3b1.3b1.2b1.3b

Gross profit

131.7m166.5m133.1m136.9m137.7m145.0m158.1m162.6m182.4m192.1m225.8m323.7m328.3m298.6m320.1m329.5m338.5m364.6m397.3m356.1m420.6m443.2m421.4m411.4m365.0m325.8m345.4m

Gross profit Margin, %

21%26%21%21%21%22%22%22%24%24%27%22%22%21%23%22%22%23%24%21%24%24%24%23%21%21%20%
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

196.6m156.3m207.4m191.0m124.9m184.2m239.3m216.9m361.5m679.5m

Accounts Receivable

293.2m320.0m352.1m689.2m830.7m901.9m845.6m

Prepaid Expenses

18.3m20.9m30.3m35.5m39.4m44.8m

Inventories

241.1m254.7m268.8m522.5m664.9m676.8m723.6m762.5m795.6m794.1m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

181.5m172.8m173.0m119.2m40.1m84.0m515.1m140.9m268.0m370.1m396.6m185.7m162.0m154.3m126.4m163.7m186.9m162.3m213.6m279.8m254.0m321.0m370.5m102.4m199.6m293.8m442.4m569.4m738.3m853.3m949.1m

Accounts Receivable

308.7m335.0m308.8m331.2m338.5m348.3m353.5m379.7m391.7m403.4m831.3m860.2m920.0m986.2m930.3m932.3m879.5m817.3m864.6m

Prepaid Expenses

26.1m33.9m27.0m24.3m37.7m43.4m55.0m56.6m49.0m58.0m59.2m44.9m67.9m60.9m51.2m

Inventories

207.9m226.7m233.9m226.5m244.4m263.3m258.6m260.8m270.2m263.0m266.9m607.3m611.3m617.0m687.6m667.5m695.9m692.5m671.3m690.6m744.5m734.4m736.6m766.4m763.7m780.6m831.7m815.7m806.3m809.9m834.5m777.6m
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

205.4m158.0m163.8m436.3m392.6m436.8m449.6m668.6m738.0m696.4m

Depreciation and Amortization

156.3m164.0m171.3m356.5m358.0m391.4m410.9m387.5m

Inventories

(28.4m)(8.3m)(12.2m)33.3m(72.4m)(11.9m)(25.7m)(21.0m)(35.6m)1.4m

Accounts Payable

25.4m(694.0k)(40.4m)54.2m(36.0m)(37.3m)16.6m41.0m(17.6m)(32.4m)
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

57.2m150.5m37.4m76.8m118.6m17.8m63.0m102.8m60.6m125.1m84.2m90.1m189.6m294.1m90.8m204.8m332.6m103.7m219.6m338.9m117.4m260.6m399.7m140.1m326.7m533.4m186.8m380.4m560.2m141.7m198.3m337.4m

Depreciation and Amortization

77.7m116.8m39.3m79.9m121.0m42.6m85.1m128.0m42.7m85.7m108.1m212.2m

Inventories

5.5m(13.3m)7.2m15.5m(1.3m)(6.7m)(2.1m)(4.2m)(1.4m)5.8m(13.0m)(13.3m)(22.5m)(22.2m)(2.6m)(31.0m)(15.7m)5.5m4.1m(20.9m)(10.8m)(13.0m)(8.4m)(5.7m)(22.6m)(36.1m)(20.1m)(10.8m)(15.7m)(40.4m)16.5m

Accounts Payable

39.0m39.7m15.6m36.4m22.5m(4.9m)(23.8m)(10.6m)23.5m47.4m4.3m(6.3m)(13.0m)(13.6m)(10.4m)(14.1m)300.0k(4.0m)13.6m25.6m18.8m37.7m(1.0m)11.0m19.6m13.2m(1.8m)(2.3m)28.5m(37.8m)(6.2m)
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USDQ2, 2010

Financial Leverage

2.4 x
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Packaging Corporation of America Revenue Breakdown

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Packaging Corporation of America revenue breakdown by business segment: 82.4% from Packaging, 16.3% from Paper and 1.3% from Other

Packaging Corporation of America Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

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Packaging Corporation of America Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Packaging Corporation of America Online and Social Media Presence

Packaging Corporation of America's Trends

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Packaging Corporation of America News and Updates

November 09, 2018

Retail E-commerce Packaging Market 2018 Global Analysis By Key Players – Mondi Group, DS Smith Plc, Packaging Corporation of America, Rengo Co, Klabin

WiseGuyReports.Com Publish a New Market Research Report On –“ Retail E-commerce Packaging Market 2018 Global Analysis By Key Players – Mondi Group, DS Smith Plc, Packaging Corporation of America, Rengo Co, Klabin”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Packaging Corporation of America Blogs

October 26, 2020

Packaging Corporation of America Reports Third Quarter 2020 Results

LAKE FOREST, Ill. --(BUSINESS WIRE)--Oct. 26, 2020-- Packaging Corporation of America (NYSE: PKG) today reported third quarter 2020 net income of $139 million , or $1.46 per share, and net income of $149 million , or $1.57 per share, excluding special items.
September 25, 2020

Q3 2020 Packaging Corporation of America Earnings Conference Call

Q3 2020 Packaging Corporation of America Earnings Conference Call John.Bissaillo… Fri, 09/25/2020 - 12:01 Q3 2020 Packaging Corporation of America Earnings Conference Call Display "add to calendar" true Event Type Earnings Conference Call …
September 25, 2020

Packaging Corporation of America Schedules Conference Call to Discuss Third Quarter 2020 Operating Results

Packaging Corporation of America Schedules Conference Call to Discuss Third Quarter 2020 Operating Results Content Import Fri, 09/25/2020 - 11:45 Packaging Corporation of America Schedules Conference Call to Discuss Third Quarter 2020 Operating Results 09/25/20 …
July 28, 2020

Packaging Corporation of America Reports Second Quarter 2020 Results

LAKE FOREST, Ill. --(BUSINESS WIRE)--Jul. 28, 2020-- Packaging Corporation of America (NYSE: PKG) today reported second quarter 2020 net income of $57 million , or $0.59 per share, and net income of $132 million , or $1.38 per share, excluding special items.
June 30, 2020

Q2 2020 Packaging Corporation of America Earnings Conference Call

Q2 2020 Packaging Corporation of America Earnings Conference Call John.Bissaillo… Tue, 06/30/2020 - 14:38 Q2 2020 Packaging Corporation of America Earnings Conference Call Display "add to calendar" true Event Type Earnings Conference Call …
June 30, 2020

Packaging Corporation of America Schedules Conference Call to Discuss Second Quarter 2020 Operating Results

Packaging Corporation of America Schedules Conference Call to Discuss Second Quarter 2020 Operating Results Content Import Tue, 06/30/2020 - 13:56 Packaging Corporation of America Schedules Conference Call to Discuss Second Quarter 2020 Operating Results 06/30/20 …
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 Packaging Corporation of America Frequently Asked Questions

  • 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 15,500 employees.

  • What is Packaging Corporation of America revenue?

    Latest Packaging Corporation of America annual revenue is $7 b.

  • What is Packaging Corporation of America revenue per employee?

    Latest Packaging Corporation of America revenue per employee is $449.3 k.

  • Who are Packaging Corporation of America competitors?

    Competitors of Packaging Corporation of America include Georgia-Pacific, Westrock and YUTO Packaging Technology.

  • 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, Annandale and in 104 other locations.

  • How many offices does Packaging Corporation of America have?

    Packaging Corporation of America has 123 offices.