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.

TypePublic
Founded1959
HQLake Forest, IL, US
Websitepackagingcorp.com
Employee Ratings3.9
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2019)15,500(+4%)
Job Openings350
Revenue (FY, 2020)$6.7 B(-4%)
Share Price (Jun 2021)$143.9
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 103 other locations
Lake Forest, IL, US (HQ)
1 N Field Ct
Akron, OH, US
708 Killian Rd # 1
Allentown, PA, US
7451 Cetronia Rd
Annandale, MN, US
4300 Hwy 55
Arlington, TX, US
500 113th St
Arlington, TX, US
500 113th St
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Packaging Corporation of America Financials and Metrics

Packaging Corporation of America Revenue

Packaging Corporation of America's revenue was reported to be $6.66 b in FY, 2020
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
Packaging Corporation of America's current market capitalization is $13.7 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

6.4b7.0b7.0b6.7b

Revenue growth, %

12%9%(1%)

Cost of goods sold

5.0b5.4b5.3b5.3b

Gross profit

1.5b1.6b1.6b1.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.7b1.8b1.8b1.7b1.8b1.8b1.7b1.5b1.7b

Cost of goods sold

1.3b1.3b1.4b1.3b1.3b1.3b1.3b1.2b1.3b

Gross profit

356.1m420.6m443.2m421.4m427.9m411.4m365.0m325.8m345.4m

Gross profit Margin, %

21%24%24%24%24%23%21%21%20%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

216.9m361.5m679.5m974.6m

Accounts Receivable

830.7m901.9m845.6m832.4m

Prepaid Expenses

35.5m39.4m44.8m44.7m

Inventories

762.5m795.6m794.1m787.9m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

668.6m738.0m696.4m

Depreciation and Amortization

391.4m410.9m387.5m

Inventories

(21.0m)(35.6m)1.4m6.3m

Accounts Payable

41.0m(17.6m)(32.4m)39.7m
Quarterly
USDFY, 2017

Revenue/Employee

441.4k

Debt/Equity

1.2 x

Debt/Assets

0.4 x

Financial Leverage

2.8 x
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Packaging Corporation of America Operating Metrics

Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Production (Containerboard), tonnes

932 k947 k996 k3.88 m953 k1.02 m1.09 m4.08 m1.04 m1.06 m1.07 m4.25 m

Corrugated Products Shipped, sq. ft.

13.6 b13.9 b13.7 b55.7 b14.4 b15.1 b14.8 b58.9 b14.5 b14.9 b15.1 b59.4 b

UFS Produced, tons

273 k289 k278 k1.12 m279 k252 k239 k1.02 m239 k236 k236 k947 k

Packaging Manufacturing Sites

949595
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Packaging Corporation of America Acquisitions / Subsidiaries

Company NameDateDeal Size
Sacramento Container Corp.August 21, 2017$265 m
Columbus ContainerOctober 11, 2016$100 m
TimBar Packaging & DisplayJuly 06, 2016$386 m
Crockett PackagingJuly 25, 2014$21 m
BoiseSeptember 16, 2013$1.28 b
Colorado ContainerNovember 30, 2011$21.8 m
Field Packaging GroupMay 17, 2011$26.9 m
Packaging Materials CoApril 14, 2011$8.6 m
Acorn Corrugated BoxFebruary 12, 2004$38 m
Sunbelt Packaging ServicesJune 05, 2001$4.8 m
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Packaging Corporation of America Revenue Breakdown

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Packaging Corporation of America revenue breakdown by business segment: 13.8% from Paper, 85.2% from Packaging and 1.0% from Other

Human Capital Metrics

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Packaging Corporation of America Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

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

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Packaging Corporation of America Online and Social Media Presence

Embed Graph

Packaging Corporation of America Company Culture

  • Overall Culture

    C-

    64/100

  • CEO Rating

    D+

    61/100

  • Compensation

    B-

    68/100

  • Diversity

    A-

    75/100

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Packaging Corporation of America News and Updates

Packaging Corporation of America Declares Quarterly Dividend

Packaging Corporation of America (NYSE: PKG) announced today that its Board approved a regular quarterly dividend of $1.00 per share on its common stock. The quarterly dividend of $1.00 per share will be paid to shareholders of record as of June 15, 2021 with a payment date of July 15, 2021. Future …

Packaging Corporation of America Schedules Conference Call to Discuss Fourth Quarter and Full Year 2020 Operating Results

Packaging Corporation of America (NYSE: PKG) will hold a conference call on Thursday, January 28, 2021 at 9:30 a.m

Packaging Corporation of America Announces 27% Dividend Increase

Packaging Corporation of America (NYSE: PKG) announced today that it intends to increase the quarterly cash dividend on its common stock to an annual payout of $4.00 per share from $3.16 per share, a 27% increase

Boise Paper Announces Sponsorship of National Literacy Organization 'Reach Out and Read' Podcast Series

Boise Paper, a division of Packaging Corporation of America (PCA), has announced an extension of its sponsorship of Reach Out and Read – a U.S. non-profit entering its fourth decade promoting childhood literacy – with the sponsorship of the national organization’s new podcast series

PCA Tomahawk Named an Educator of the Year by TEAPIE

PCA’s containerboard mill in Tomahawk, Wisconsin, was recently recognized as one of the 2019–2020 Educators of the Year by Tomahawk Extended Area Partners in Education (TEAPIE)

Packaging Corporation of America Reports Third Quarter 2020 Results

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. Third quarter net sales were $1.69 billion in 2020 and $1.75 billion in 2019.
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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’s Chief Executive Officer to Host 1x1 Meetings at KeyBanc Capital Markets’ Virtual Conference Content Import Thu, 05/20/2021 - 09:17 Packaging Corporation of America’s Chief Executive Officer to Host 1x1 Meetings at KeyBanc Capital Markets’ Virtual Conferen…

Packaging Corporation of America Reports First Quarter 2021 Results

Packaging Corporation of America Reports First Quarter 2021 Results Content Import Mon, 04/26/2021 - 17:32 Packaging Corporation of America Reports First Quarter 2021 Results 04/26/21 This release is a backfill from a News Wire Earnings …

Q1 2021 Packaging Corporation of America Earnings Conference Call

Q1 2021 Packaging Corporation of America Earnings Conference Call John.Bissaillo… Mon, 04/05/2021 - 14:11 Q1 2021 Packaging Corporation of America Earnings Conference Call Display "add to calendar" true Event Type Earnings Conference Call …

Packaging Corporation of America Schedules Conference Call to Discuss First Quarter 2021 Operating Results

LAKE FOREST, Ill. --(BUSINESS WIRE)--Apr. 5, 2021-- Packaging Corporation of America (NYSE: PKG) will hold a conference call on Tuesday, April 27, 2021 at 9:00 a.m. Eastern Time to discuss first quarter 2021 results. First quarter earnings results will be released after the market closes on Monday,

Packaging Corporation of America Announces Conversion of Jackson, AL Mill Paper Machine to High-Performance Virgin Linerboard

Packaging Corporation of America Announces Conversion of Jackson, AL Mill Paper Machine to High-Performance Virgin Linerboard Content Import Thu, 02/25/2021 - 16:12 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

LAKE FOREST, Ill. --(BUSINESS WIRE)--Jan. 27, 2021-- Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2020 net income of $124 million , or $1.30 per share, and net income of $127 million , or $1.33 per share, excluding special items.
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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 $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.