PKGPACKAGING CORP OF AMERICA
Paperboard Containers & Boxes
- Revenue
- $9.0B
- 7.2% YoY
- Operating margin
- 12.3%
- 6.3% YoY
- EBITDA
- $1.8B
- 8.2% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 2.0×
- $3.5B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear201% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear39% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear13% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $7.7B | $8.5B | $7.8B | $8.4B | $9.0B | 7.2% |
| Operating income | $1.2B | $1.4B | $1.1B | $1.1B | $1.1B | 0.5% |
| Net income | $841M | $1.0B | $765M | $805M | $774M | 3.9% |
| Operating cash flow | $1.1B | $1.5B | $1.3B | $1.2B | $1.6B | 31% |
| Capex | $605M | $824M | $470M | $670M | $829M | 24% |
| Stock-based comp | $36M | $36M | $40M | $49M | $45M | 7.4% |
| Buybacks | $193M | $523M | $42M | $0 | $153M | |
| Dividends | $380M | $420M | $449M | $449M | $450M | 0.2% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.