Packaging Corporation of America (PKG)
Materials · Containerboard and corrugated packaging products
North America's third-largest containerboard and corrugated packaging producer, recently bolstered by a $1.8B acquisition of Greif's containerboard mills.
What Packaging Corporation of America does
Packaging Corporation of America manufactures and sells containerboard (linerboard and corrugating medium) at ten mills and operates 91 corrugated products plants across the United States. The company produces corrugated shipping containers, multi-color boxes, protective packaging, and customized packaging for food, beverages, and industrial products. It also produces uncoated freesheet (UFS) paper and completed a $1.8 billion acquisition of Greif's containerboard business in September 2025, adding two mills and eight additional plants to its platform.
Themes: ["Corrugated packaging","Containerboard manufacturing","Sustainable packaging","Renewable materials","M&A integration","Paper and pulp"]
Fundamentals
- Price$224.49 as of 2026-07-09 close
- Market cap$20.1B as of 2026-07-10
- 1-year return+10.0% as of 2026-07-09 close
- P/E27.09 as of 2026-07-10
- Net margin+8.0% as of 2026-07-10
- Gross margin+20.5% as of 2026-07-10
- ROE+16.0% as of 2026-07-10
- Debt / equity0.87 as of 2026-07-10
- Revenue growth (YoY)+7.9% as of 2026-07-10
- Revenue CAGR (3y)+2.0% SEC XBRL
- Beta0.83 as of 2026-07-10
Dividend: yield +2.7%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Containerboard production capacity expansion following the Greif acquisition integration and operational execution","Volatile input costs (fiber, energy, chemicals) and commodity price exposure in corrugated and containerboard markets","Rising interest expense following significant debt financing for the $1.8 billion Greif acquisition"]
Competitors & peers
- International Paper
- Weyerhaeuser
- Huhtamaki
- Graphic Packaging International
- Sappi
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.