Packaging Corporation of America (PKG) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	9.5B	9.0B	8.4B	7.8B	8.5B
Cost of Revenue	7.6B	7.1B	6.6B	6.1B	6.4B
Gross Profit	1.9B	1.9B	1.8B	1.7B	2.1B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	679.2M	634.2M	610.3M	580.9M	608.6M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	25.5M	—	71.5M	42.9M	61.3M
Total Operating Expenses	704.7M	634.2M	681.8M	623.8M	669.9M
Cost and Expenses	8.3B	7.7B	7.3B	6.7B	7.1B
Operating Income (EBIT)	1.2B	1.3B	1.1B	1.1B	1.4B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	119.0M	79.1M	41.4M	53.3M	70.4M
Net Interest Income	(119.0M)	(79.1M)	(41.4M)	(53.3M)	(70.4M)
Other Non-Op Income/Expense	(293.9M)	(227.6M)	(36.9M)	(61.0M)	(55.9M)
Non-Operating Income (excl Interest)	136.6M	148.5M	(4.5M)	7.7M	(14.5M)
EBT (Pre-Tax Income)	918.6M	1.0B	1.1B	1.0B	1.4B
Income Tax Expense	226.9M	253.7M	259.3M	248.9M	335.0M
Bottom Line
Net Income	691.0M	768.9M	805.1M	765.2M	1.0B
Earnings from Cont. Ops	691.7M	774.1M	805.1M	765.2M	1.0B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	687.3M	768.9M	799.5M	759.0M	1.0B
Per Share
Basic EPS	$7.73	$8.58	$8.97	$8.52	$11.07
Diluted EPS	$7.70	$8.58	$8.93	$8.48	$11.02
Revenue Per Share	$107.83	$100.33	$94.09	$87.57	$91.85
Shares
Basic Shares Outstanding	88.4M	89.6M	89.1M	89.1M	92.3M
Diluted Shares Outstanding	89.0M	89.6M	89.5M	89.5M	92.7M
Profitability Metrics
EBITDA	1.9B	1.8B	1.6B	1.6B	1.9B
D&A	775.7M	652.8M	525.6M	517.7M	456.8M
EBIT	1.1B	1.1B	1.1B	1.1B	1.4B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026