Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States, Europe, Mexico, and Canada. It operates through Packaging, Paper, and Corporate and Other segments. The company offers various 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. It also produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. In addition, the company provides white papers comprising commodity and specialty papers with various features, such as colors, coatings, high brightness, and recycled content. Its white papers consist of communication papers, including cut-size office papers, and printing and converting papers; and pressure sensitive papers, such as release liners that are used to produce labels for use in consumer and commercially-packaged products. The company also produces market pulp.
Packaging Corporation of America was founded in 1959 and is headquartered in Lake Forest, US
Packaging Corporation of America Office Locations
Packaging Corporation of America has offices in Lake Forest, New Orleans, Syracuse, Reading and in 59 other locations
Lake Forest, US (HQ)
1955 W Field Ct
Packaging Corporation of America Data and Metrics
Packaging Corporation of America Financial Metrics
Packaging Corporation of America's revenue was reported to be $5.8 b in FY, 2016 which is a 1% increase from the previous period.
USD
Revenue (FY, 2016) | 5.8 b |
Revenue growth (FY, 2015 - FY, 2016), % | 1% |
Gross profit (FY, 2016) | 1.3 b |
Gross profit margin (FY, 2016), % | 22% |
Net income (FY, 2016) | 449.6 m |
EBIT (FY, 2016) | 780.3 m |
Market capitalization (27-Jun-2017) | 10.3 b |
Closing share price (27-Jun-2017) | 111.1 |
Cash (31-Dec-2016) | 239.3 m |
EV | 12.7 b |
Packaging Corporation of America's current market capitalization is $10.3 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 3.7 b | 5.9 b | 5.7 b | 5.8 b |
Revenue growth, % | 60% | (2%) | 1% | |
Cost of goods sold | 2.8 b | 4.6 b | 4.5 b | 4.5 b |
Gross profit | 859.2 m | 1.2 b | 1.2 b | 1.3 b |
Gross profit Margin, % | 23% | 21% | 21% | 22% |
EBIT | 473.6 m | 702.7 m | 750 m | 780.3 m |
EBIT margin, % | 13% | 12% | 13% | 14% |
Pre tax profit | 415.3 m | 614.3 m | 664.5 m | 688.5 m |
Net Income | 436.3 m | 392.6 m | 436.8 m | 449.6 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 191 m | 124.9 m | 184.2 m | 239.3 m |
Inventories | 522.5 m | 664.9 m | 676.8 m | 723.6 m |
Current Assets | 1.5 b | 1.6 b | 1.6 b | 1.7 b |
PP&E | 2.8 b | 2.9 b | 2.8 b | 2.9 b |
Goodwill | 526.8 m | 546.8 m | 544 m | 737.9 m |
Total Assets | 5.2 b | 5.3 b | 5.3 b | 5.8 b |
Accounts Payable | 357.4 m | 330.5 m | 294.2 m | 323.8 m |
Dividends Payable | 39.3 m | 39.4 m | 53.4 m | 59.9 m |
Total Debt | 2.5 b | 2.3 b | 2.3 b | 2.6 b |
Current Liabilities | 660.5 m | 611 m | 561.9 m | 625.4 m |
Non-Current Liabilities | 3.2 b | 3.2 b | 3.1 b | 3.4 b |
Total Liabilities | 3.9 b | 3.8 b | 3.7 b | 4 b |
Additional Paid-in Capital | 401.8 m | 432.1 m | 439.9 m | 451.4 m |
Retained Earnings | 975.3 m | 1.2 b | 1.3 b | 1.4 b |
Total Equity | 1.3 b | 1.5 b | 1.6 b | 1.8 b |
Debt to Equity Ratio | 1.9 x | 1.5 x | 1.4 x | 1.5 x |
Debt to Assets Ratio | 0.5 x | 0.4 x | 0.4 x | 0.5 x |
Financial Leverage | 4 x | 3.5 x | 3.2 x | 3.3 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 436.3 m | 392.6 m | 436.8 m | 449.6 m |
Accounts Receivable | (31.2 m) | (8.5 m) | 9.5 m | (3.6 m) |
Inventories | 33.3 m | (72.4 m) | (11.9 m) | (25.7 m) |
Accounts Payable | 54.2 m | (36 m) | (37.3 m) | 16.6 m |
Cash From Operating Activities | 608.2 m | 736.1 m | 762.6 m | 801.2 m |
Purchases of PP&E | (234.4 m) | |||
Cash From Investing Activities | (1.4 b) | (451.1 m) | (298.1 m) | (769.6 m) |
Long-term Borrowings | (1.1 b) | (592.5 m) | (47.6 m) | (37.5 m) |
Cash From Financing Activities | 786.8 m | (351.1 m) | (405.2 m) | 23.5 m |
| Y, 2016 | |
|---|---|
EV/EBIT | 16.3 x |
EV/CFO | 15.9 x |
Debt/Equity | 1.5 x |
Debt/Assets | 0.5 x |
Financial Leverage | 3.3 x |
