Packaging Corp of America (PKG) stock
PKGNYSEPaperboard Containers & BoxesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 13/3049% above fair value
$253.01−1.22 (-0.48%)
Close on Nov 11, 2026Market cap $22.54BP/E 31.2Yield 1.98%
Packaging Corp of America operating margin
Operating margin is operating income as a percentage of revenue.
Packaging Corp of America's operating margin for the twelve months ending Sep 30, 2026 was 11.2%. For fiscal 2025 it was 12.3%, against 13.1% the year before. The highest annual figure on record is 16.8% in fiscal 2022.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 12.3% | −0.8 |
| FY2024 | Dec 31, 2024 | 13.1% | −0.6 |
| FY2023 | Dec 31, 2023 | 13.8% | −3.0 |
| FY2022 | Dec 31, 2022 | 16.8% | +0.7 |
| FY2021 | Dec 31, 2021 | 16.1% | +5.2 |
| FY2020 | Dec 31, 2020 | 10.9% | −4.3 |
| FY2019 | Dec 31, 2019 | 15.1% | −0.1 |
| FY2018 | Dec 31, 2018 | 15.2% | +0.8 |
| FY2017 | Dec 31, 2017 | 14.5% | +0.9 |
| FY2016 | Dec 31, 2016 | 13.6% | +0.5 |
| FY2015 | Dec 31, 2015 | 13.1% | +1.1 |
| FY2014 | Dec 31, 2014 | 12.0% | −1.1 |
| FY2013 | Dec 31, 2013 | 13.1% | −2.2 |
| FY2012 | Dec 31, 2012 | 15.4% | +5.0 |
| FY2011 | Dec 31, 2011 | 10.4% | +2.8 |
| FY2010 | Dec 31, 2010 | 7.6% | −8.8 |
| FY2009 | Dec 31, 2009 | 16.4% | +6.2 |
| FY2008 | Dec 31, 2008 | 10.2% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 14.8% | +0.8 |
| Q2 FY2026 | Jun 30, 2026 | 11.7% | −3.7 |
| Q1 FY2026 | Mar 31, 2026 | 10.6% | −2.5 |
| Q4 FY2025 | Dec 31, 2025 | 7.1% | −7.0 |
| Q3 FY2025 | Sep 30, 2025 | 14.0% | −1.0 |
| Q2 FY2025 | Jun 30, 2025 | 15.4% | +2.1 |
| Q1 FY2025 | Mar 31, 2025 | 13.1% | +3.2 |
| Q4 FY2024 | Dec 31, 2024 | 14.1% | +0.6 |
| Q3 FY2024 | Sep 30, 2024 | 15.0% | +1.6 |
| Q2 FY2024 | Jun 30, 2024 | 13.3% | −1.3 |
| Q1 FY2024 | Mar 31, 2024 | 9.9% | −3.8 |
| Q4 FY2023 | Dec 31, 2023 | 13.5% | −1.1 |
| Q3 FY2023 | Sep 30, 2023 | 13.4% | −3.6 |
| Q2 FY2023 | Jun 30, 2023 | 14.6% | −4.0 |
| Q1 FY2023 | Mar 31, 2023 | 13.7% | −3.0 |
| Q4 FY2022 | Dec 31, 2022 | 14.6% | −2.9 |
| Q3 FY2022 | Sep 30, 2022 | 16.9% | −0.7 |
| Q2 FY2022 | Jun 30, 2022 | 18.6% | +2.9 |
| Q1 FY2022 | Mar 31, 2022 | 16.7% | +3.5 |
| Q4 FY2021 | Dec 31, 2021 | 17.4% | +6.4 |
| Q3 FY2021 | Sep 30, 2021 | 17.6% | +5.3 |
| Q2 FY2021 | Jun 30, 2021 | 15.7% | +8.1 |
| Q1 FY2021 | Mar 31, 2021 | 13.2% | +0.9 |
| Q4 FY2020 | Dec 31, 2020 | 11.0% | −2.6 |
| Q3 FY2020 | Sep 30, 2020 | 12.4% | −2.6 |
| Q2 FY2020 | Jun 30, 2020 | 7.5% | −8.4 |
| Q1 FY2020 | Mar 31, 2020 | 12.2% | −3.6 |
| Q4 FY2019 | Dec 31, 2019 | 13.7% | −2.7 |
| Q3 FY2019 | Sep 30, 2019 | 15.0% | −1.5 |
| Q2 FY2019 | Jun 30, 2019 | 15.9% | +0.7 |
| Q1 FY2019 | Mar 31, 2019 | 15.9% | +3.3 |
| Q4 FY2018 | Dec 31, 2018 | 16.4% | +1.4 |
| Q3 FY2018 | Sep 30, 2018 | 16.5% | +1.7 |
| Q2 FY2018 | Jun 30, 2018 | 15.3% | +0.5 |
| Q1 FY2018 | Mar 31, 2018 | 12.6% | −0.6 |
| Q4 FY2017 | Dec 31, 2017 | 15.0% | +1.9 |
| Q3 FY2017 | Sep 30, 2017 | 14.8% | – |
| Q2 FY2017 | Jun 30, 2017 | 14.8% | – |
| Q1 FY2017 | Mar 31, 2017 | 13.2% | – |
| Q4 FY2016 | Dec 31, 2016 | 13.1% | – |
See a number that looks wrong?