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Packaging Corporation of America

  • Revenue$7.7 BFY, 2021
  • Market Capitalization$13.2 B2022-08-01

OverviewSuggest Edit

Packaging Corporation of America is a company that manufactures and sells containerboard and corrugated packaging products. It 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, and produces packaging for meat, fresh fruit, and vegetables, processed food, beverages, and other industrial and consumer products. The company also 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, USMap
Websitepackagingcorp.com
Employee Ratings3.8
Overall CultureB+More
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Latest Updates

Employees (est.) (Dec 2021)15,200
Revenue (FY, 2021)$7.7 B(+17%)
Share Price (Aug 2022)$138.8(-1%)
Cybersecurity ratingBMore
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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, Arlington and in 100 other locations
Lake Forest, IL, US (HQ)
1 N Field Ct
Akron, OH, US
708 Killian Rd # 1
Allentown, PA, US
7451 Cetronia Rd
Arlington, TX, US
500 113th St
Arlington, TX, US
500 113th St
Ashland, OH, US
2010 Ford Dr
Show all (117)

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 $7.73 b in FY, 2021
USD

Revenue (Q1, 2022)

2.1b

Gross profit (Q1, 2022)

533.2m

Gross profit margin (Q1, 2022), %

25%

Net income (Q1, 2022)

254.2m

EBIT (Q1, 2022)

356.5m

Market capitalization (1-Aug-2022)

13.2b

Closing stock price (1-Aug-2022)

138.8

Cash (31-Mar-2022)

628.6m

EV

15.3b
Packaging Corporation of America's current market capitalization is $13.2 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

7.0b6.7b7.7b

Revenue growth, %

(1%)(4%)

Cost of goods sold

5.3b5.3b5.9b

Gross profit

1.6b1.4b1.9b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

1.7b1.5b1.7b1.8b1.9b2.0b2.1b

Cost of goods sold

1.3b1.2b1.3b1.4b1.4b1.5b1.6b

Gross profit

365.0m325.8m345.4m403.7m448.8m510.7m533.2m

Gross profit Margin, %

21%21%20%22%24%26%25%
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Annual
USDFY, 2019FY, 2020FY, 2021

Cash

679.5m974.6m618.7m

Accounts Receivable

845.6m832.4m1.1b

Prepaid Expenses

44.8m44.7m47.0m

Inventories

794.1m787.9m902.5m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

764.0m853.3m949.1m983.4m972.2m1.7b628.6m

Accounts Receivable

879.5m817.3m864.6m908.6m981.4m1.1b1.1b

Prepaid Expenses

67.9m60.9m51.2m62.8m78.6m55.4m77.6m

Inventories

809.9m834.5m777.6m799.6m827.2m880.1m941.2m
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Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

696.4m461.0m841.1m

Depreciation and Amortization

387.5m409.9m417.5m

Inventories

1.4m6.3m(105.5m)

Accounts Payable

(32.4m)39.7m12.2m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

141.7m198.3m337.4m166.5m373.8m624.6m254.2m

Depreciation and Amortization

100.3m208.5m309.0m100.8m205.5m311.1m109.7m

Inventories

(15.7m)(40.4m)16.5m(11.7m)(39.4m)(92.3m)(38.8m)

Accounts Payable

28.5m(37.8m)(6.2m)(12.3m)(2.7m)22.3m63.6m
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USDFY, 2019

EV/EBIT

12 x

EV/CFO

10.5 x

Revenue/Employee

449.3k

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.4 x

P/E Ratio

15.3
Show all financial metrics

Packaging Corporation of America Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Production (Containerboard), tonnes

4.08 m1.04 m1.06 m1.07 m4.25 m1.05 m1.07 m1.05 m4.34 m

Corrugated Products Shipped, sq. ft.

58.9 b14.5 b14.9 b15.1 b59.4 b15.3 b15.1 b16 b62.8 b

UFS Produced, tons

1.02 m239 k236 k236 k947 k224 k148 k129 k648 k

Packaging Manufacturing Sites

959594949594939390908989

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$1.2 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: 91.2% from Packaging, 7.8% from Paper and 1.0% from Other

Human Capital Metrics

Source: www.packagingcorp.com
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Packaging Corporation of America Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

Learn more about our premium products
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Packaging Corporation of America Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

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 Company Culture

  • Overall Culture

    B+

    74/100

  • CEO Rating

    B

    74/100

  • Compensation

    A+

    84/100

  • Diversity

    B+

    73/100

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Packaging Corporation of America News and Updates

June 01, 2022

PCA Designers Collaborate with NC State to Design Award-Winning Exhibit

Team members from PCA’s retail design centers recently partnered with North Carolina State University to design, build and assemble a tradeshow exhibit.
August 17, 2021

Meritage Homes, The Hershey Company, And Packaging Corporation Of America Are Poised For Post Pandemic Growth

After 2Q21 earnings, long-term tailwinds give these three Long Ideas excellent opportunities to grow profits.
May 05, 2021

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 …
December 29, 2020

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
December 10, 2020

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
December 09, 2020

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
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Packaging Corporation of America Blogs

July 25, 2022

Packaging Corporation of America Reports Second Quarter 2022 Results

LAKE FOREST, Ill. --(BUSINESS WIRE)--Jul. 25, 2022-- Packaging Corporation of America (NYSE: PKG) today reported second quarter 2022 net income of $301 million , or $3.20 per share, and net income of $304 million , or $3.23 per share, excluding special items.
July 05, 2022

Packaging Corporation of America Schedules Conference Call to Discuss Second Quarter 2022 Operating Results

Packaging Corporation of America Schedules Conference Call to Discuss Second Quarter 2022 Operating Results Content Import Tue, 07/05/2022 - 12:15 Packaging Corporation of America Schedules Conference Call to Discuss Second Quarter 2022 Operating Results 07/05/22 …
June 07, 2022

Packaging Corporation of America’s Chief Executive Officer to Participate in BMO’s 2022 Chemicals & Packaging Summit Conference

Packaging Corporation of America’s Chief Executive Officer to Participate in BMO’s 2022 Chemicals & Packaging Summit Conference Content Import Tue, 06/07/2022 - 13:17 Packaging Corporation of America’s Chief Executive Officer to Participate in BMO’s 2022 Chemicals & Packaging Summi…
May 18, 2022

Packaging Corporation of America Announces 25% Dividend Increase

Packaging Corporation of America Announces 25% Dividend Increase Content Import Wed, 05/18/2022 - 17:01 Packaging Corporation of America Announces 25% Dividend Increase 05/18/22 General LAKE FOREST, Ill.--(BUSINESS WIRE)--May 18, 2022-- Packagin…
April 25, 2022

Packaging Corporation of America Reports First Quarter 2022 Results

Packaging Corporation of America Reports First Quarter 2022 Results Content Import Mon, 04/25/2022 - 16:15 Packaging Corporation of America Reports First Quarter 2022 Results 04/25/22 Earnings LAKE FOREST, Ill.--(BUSINESS WIRE)--Apr. 25, 2022-- …
April 14, 2022

Q1 2022 Packaging Corporation of America Earnings Conference Call

Q1 2022 Packaging Corporation of America Earnings Conference Call John.Bissaillo… Thu, 04/14/2022 - 15:28 Q1 2022 Packaging Corporation of America Earnings Conference Call Display "add to calendar" true Event Type Earnings Conference Call …
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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 15,200 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 100 other locations.

  • How many offices does Packaging Corporation of America have?

    Packaging Corporation of America has 117 offices.