Packaging Corporation of America
OverviewSuggest Edit
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 | More | |
| Overall Culture | C- | More |
Recent NewsAll News
- Packaging Corporation of America Declares Quarterly Dividend
- Packaging Corporation of America Schedules Conference Call to Discuss Fourth Quarter and Full Year 2020 Operating Results
- Packaging Corporation of America Announces 27% Dividend Increase
- Boise Paper Announces Sponsorship of National Literacy Organization 'Reach Out and Read' Podcast Series
Key People/Management at Packaging Corporation of America
Mark W. Kowlzan
Thomas A. Hassfurther
Robert P. Mundy
Charles J. Carter
Pamela A. Barnes
Kent A. Pflederer
Packaging Corporation of America Office Locations
Packaging Corporation of America Financials and Metrics
Packaging Corporation of America Revenue
| USD | |
|---|---|
Revenue (FY, 2020) | 6.7b |
Gross profit (FY, 2020) | 1.4b |
Gross profit margin (FY, 2020), % | 20.6% |
EBIT (FY, 2020) | 723.9m |
Market capitalization (11-Jun-2021) | 13.7b |
Closing stock price (11-Jun-2021) | 143.9 |
Cash (31-Dec-2020) | 974.6m |
EV | 15.4b |
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 102.4m | 199.6m | 293.8m | 442.4m | 569.4m | 738.3m | 764.0m | 853.3m | 949.1m |
Accounts Receivable | 860.2m | 920.0m | 986.2m | 930.3m | 947.0m | 932.3m | 879.5m | 817.3m | 864.6m |
Prepaid Expenses | 55.0m | 56.6m | 49.0m | 58.0m | 59.2m | 44.9m | 67.9m | 60.9m | 51.2m |
Inventories | 766.4m | 763.7m | 780.6m | 831.7m | 815.7m | 806.3m | 809.9m | 834.5m | 777.6m |
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 140.1m | 326.7m | 533.4m | 186.8m | 380.4m | 560.2m | 141.7m | 198.3m | 337.4m |
Depreciation and Amortization | 108.1m | 212.2m | 313.6m | 94.8m | 190.7m | 288.6m | 100.3m | 208.5m | 309.0m |
Inventories | (8.4m) | (5.7m) | (22.6m) | (36.1m) | (20.1m) | (10.8m) | (15.7m) | (40.4m) | 16.5m |
Accounts Payable | (1.0m) | 11.0m | 19.6m | 13.2m | (1.8m) | (2.3m) | 28.5m | (37.8m) | (6.2m) |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 441.4k |
Debt/Equity | 1.2 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2.8 x |
Packaging Corporation of America Operating Metrics
| Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Production (Containerboard), tonnes | 932 k | 947 k | 996 k | 3.88 m | 953 k | 1.02 m | 1.09 m | 4.08 m | 1.04 m | 1.06 m | 1.07 m | 4.25 m |
Corrugated Products Shipped, sq. ft. | 13.6 b | 13.9 b | 13.7 b | 55.7 b | 14.4 b | 15.1 b | 14.8 b | 58.9 b | 14.5 b | 14.9 b | 15.1 b | 59.4 b |
UFS Produced, tons | 273 k | 289 k | 278 k | 1.12 m | 279 k | 252 k | 239 k | 1.02 m | 239 k | 236 k | 236 k | 947 k |
Packaging Manufacturing Sites | 94 | 95 | 95 |
Packaging Corporation of America Acquisitions / Subsidiaries
| 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 | $1.28 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
Packaging Corporation of America revenue breakdown by business segment: 13.8% from Paper, 85.2% from Packaging and 1.0% from Other
Packaging Corporation of America Cybersecurity Score
Packaging Corporation of America Environment, Social & Governance (ESG) Ratings
Packaging Corporation of America Online and Social Media Presence
1.99k Twitter followers
Packaging Corporation of America has 1.99k Twitter Followers. The number of followers has increased 0.5% month over month and increased 4.2% quarter over quarter
Packaging Corporation of America's Trends
Twitter Engagement Stats for @packagingcorp
2.3k
Tweets
396
Following
2k
Followers
31
Tweets last 30 days
2.3
Avg. likes per Tweet
93.5%
Tweets with engagement
Packaging Corporation of America Company Culture
Overall Culture
C-
64/100
CEO Rating
D+
61/100
Compensation
B-
68/100
Diversity
A-
75/100
Packaging Corporation of America News and Updates
Packaging Corporation of America Declares Quarterly Dividend
Packaging Corporation of America Schedules Conference Call to Discuss Fourth Quarter and Full Year 2020 Operating Results
Packaging Corporation of America Announces 27% Dividend Increase
Boise Paper Announces Sponsorship of National Literacy Organization 'Reach Out and Read' Podcast Series
PCA Tomahawk Named an Educator of the Year by TEAPIE
Packaging Corporation of America Reports Third Quarter 2020 Results
Packaging Corporation of America Blogs
Packaging Corporation of America’s Chief Executive Officer to Host 1x1 Meetings at KeyBanc Capital Markets’ Virtual Conference
Packaging Corporation of America Reports First Quarter 2021 Results
Q1 2021 Packaging Corporation of America Earnings Conference Call
Packaging Corporation of America Schedules Conference Call to Discuss First Quarter 2021 Operating Results
Packaging Corporation of America Announces Conversion of Jackson, AL Mill Paper Machine to High-Performance Virgin Linerboard
Packaging Corporation of America Reports Fourth Quarter and Full Year 2020 Results
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 $6.7 b.
What is Packaging Corporation of America revenue per employee?
Latest Packaging Corporation of America revenue per employee is $429.6 k.
Who are Packaging Corporation of America competitors?
Competitors of Packaging Corporation of America include Smurfit Kappa, Georgia-Pacific and WestRock.
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 103 other locations.
How many offices does Packaging Corporation of America have?
Packaging Corporation of America has 123 offices.
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