PKG - NYSE
Packaging Corporation of America
$224.39
-0.20%Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and 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, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
At a Glance
Live SnapshotPackaging Corporation of America Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.
CapEx Intensity
Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.
Packaging Corporation of America Cash Flow Statement
PKG • NYSE
| Packaging Corporation of America Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
768.9M | 805.1M | 765.2M | 1B | 841.1M | 461M | 696.4M | 738M | 668.6M | 449.6M | 436.8M | 392.6M | 441.3M | 163.8M | 158M | 205.4M | 265.9M | 135.6M | 170.1M | 125M | |
652.8M | 525.6M | 517.7M | 456.8M | 429.2M | 408.5M | 382.8M | 417.1M | 391.4M | 334.8M | 364.3M | 390.8M | 217.9M | 171.3M | 164M | 156.3M | 147.8M | 147.8M | 145.7M | 152.4M | |
97.3M | 0.0 | 5.2M | 86M | 59.4M | 34.7M | 60.3M | 38.7M | -84.5M | -4M | 1.7M | 2.6M | -84M | 106.9M | 27.3M | -120.6M | -13.8M | -10.8M | -11M | -20.1M | |
45.2M | 48.8M | 40M | 35.6M | 35.5M | 30M | 30.4M | 23.5M | 20.6M | 19.7M | 18.2M | 15.6M | 14.8M | 11.7M | 9.7M | 7M | 7.3M | 8.7M | 8.4M | 6.1M | |
48M | 22.3M | -6.2M | -28.1M | 16.3M | 20.8M | 28.2M | 15.7M | 6.1M | 1.9M | 11.4M | 31.5M | 26.9M | 31.3M | 6M | 135.5M | -118.8M | 4.1M | 4.5M | 4.3M | |
-54.7M | -210.6M | -6.8M | -85.1M | -287.4M | 77.8M | 9.3M | -52.9M | -146.1M | -800K | -69.8M | -97M | -8.7M | -80.8M | -19.6M | -33.7M | 17.9M | -16M | -17.5M | -21.1M | |
1.6B | 1.2B | 1.3B | 1.5B | 1.1B | 1B | 1.2B | 1.2B | 856.1M | 801.2M | 762.6M | 736.1M | 608.2M | 404.2M | 345.5M | 349.9M | 306.1M | 269.3M | 300.1M | 246.6M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-828.9M | -671.6M | -469.7M | -824.2M | -605.1M | -421.2M | -399.5M | -551.4M | -343M | -274.3M | -314.5M | -420.2M | -234.4M | -128.5M | -293.3M | -322.8M | -114.2M | -133M | -113.4M | -88.2M | |
-1.8B | (1.3M) | (0.0) | (2.2M) | -194.9M | (4.6M) | (4.1M) | -56.3M | -273.8M | -485.4M | (23M) | -20.5M | -1.2B | -35.4M | -57.3M | (0.0) | -3.1M | (0.0) | (0.0) | -4.3M | |
-113.5M | -114.3M | -507.2M | -126.1M | -127.4M | -110.1M | -146.1M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
142.8M | 506.8M | 102.8M | 118.7M | 126.9M | 107M | -4.1M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1M | 0.0 | |
31M | 0.0 | -1M | -4.3M | 6.1M | -6.4M | -1M | -500K | 7.7M | -9.9M | -6.6M | -10.4M | -2.5M | 56.4M | 443K | 1.5M | -2M | -1.6M | -741K | -1.4M | |
-2.6B | -277.8M | -875.1M | -833.7M | -794.4M | -426.1M | -546.6M | -608.2M | -609.1M | -769.6M | -298.1M | -451.1M | -1.4B | -107.5M | -350.2M | -321.3M | -119.3M | -134.5M | -113.2M | -94M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-153M | -25.7M | -57.2M | -538M | -205.9M | -10.5M | -8.2M | -7.9M | -10.8M | -111.5M | -163.4M | -13.2M | -18.8M | -45.2M | -125M | -38.9M | 1.6M | -70.1M | -30.5M | 7.8M | |
1.5B | -401.9M | 395.2M | -1.7M | -67.5M | -1.5M | -34.4M | -151.3M | -14.1M | 347.5M | -47.6M | -193.6M | 923.3M | -40.2M | 149.3M | -626K | -606K | -20.4M | -10.1M | -9.1M | |
-449.6M | -448.8M | -448.9M | -420.3M | -379.8M | -299.6M | -298.7M | -268.1M | -237.6M | -216.1M | -200.8M | -157.4M | -109.1M | -117.9M | -76M | -61.8M | -76.9M | -125.1M | -105M | -105.1M | |
-153M | -25.7M | -57.2M | -538M | -205.9M | -10.5M | -8.2M | -7.9M | -10.8M | -111.5M | -163.4M | -13.2M | -18.8M | -45.2M | -125M | -38.9M | -65.7M | -70.1M | -30.5M | (0.0) | |
-23.6M | 0.0 | -1.1M | -15.4M | -2.4M | 0.0 | -1.5M | 0.0 | -6.9M | 3.6M | 6.6M | 13.1M | -8.6M | -42.4M | 16.1M | 8.5M | 412K | -4.8M | 4.7M | 2.9M | |
859.4M | -876.4M | -112M | -960M | -655.6M | -311.6M | -342.8M | -427.3M | -269.4M | 23.5M | -405.2M | -351.1M | 786.8M | -245.6M | -35.6M | -92.8M | -75.5M | -213.5M | -120.7M | -103.5M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
-156M | 37M | 328M | -298.7M | -355.9M | 295.1M | 318M | 144.6M | -22.4M | 55.1M | 59.3M | -66.1M | -16.4M | 51.1M | -40.2M | -64.2M | 111.3M | -78.7M | 66.3M | 49.2M | |
685M | 648M | 320M | 618.7M | 974.6M | 679.5M | 361.5M | 216.9M | 239.3M | 184.2M | 124.9M | 191M | 207.4M | 156.3M | 196.6M | 260.7M | 149.4M | 228.1M | 161.8M | 112.7M | |
529M | 685M | 648M | 320M | 618.7M | 974.6M | 679.5M | 361.5M | 216.9M | 239.3M | 184.2M | 124.9M | 191M | 207.4M | 156.3M | 196.6M | 260.7M | 149.4M | 228.1M | 161.8M | |
728.6M | 521.5M | 845.4M | 670.8M | 489M | 611.6M | 807.9M | 628.7M | 513.1M | 526.9M | 448.1M | 315.9M | 373.8M | 275.7M | 52.2M | 27.1M | 191.9M | 136.4M | 186.7M | 158.4M |
SEC Filings
PKG - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 13, 2026 | May 12, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 23, 2026 | April 22, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 27, 2026 | May 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 03, 2026 | February 25, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 28, 2026 | January 27, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 10, 2025 | December 10, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 04, 2025 | December 03, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 06, 2025 | September 30, 2025 | 2025 |
Related Guides
Continue your PKG research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.