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Packaging Corporation of America (PKG)

(Delayed Data from NYSE)

$172.85 USD

172.85
497,224

+1.60 (0.93%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $172.96 +0.11 (0.06%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value C Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 27% (68 out of 252)

Industry: Containers - Paper and Packaging

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Balance Sheet

Research for PKG

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Packaging Corporation of America falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,142 405 705 1,080 767
Receivables 1,038 1,068 1,078 838 872
Notes Receivable 0 0 0 0 0
Inventories 1,013 977 903 788 794
Other Current Assets 62 58 47 45 45
Total Current Assets 3,254 2,508 2,733 2,750 2,478
Net Property & Equipment 3,864 3,900 3,529 3,193 3,152
Investments & Advances 64 65 60 43 58
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 1,152 1,190 1,232 1,159 1,258
Deposits & Other Assets 67 42 45 53 56
Total Assets 8,681 8,004 7,837 7,433 7,236
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 402 410 452 387 352
Current Portion Long-Term Debt 400 0 0 0 0
Current Portion Capital Leases 2 2 2 2 2
Accrued Expenses 267 276 267 228 231
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 116 116 96 97 77
Total Current Liabilities 1,266 876 885 783 724
Mortgages 0 0 0 0 0
Deferred Taxes/Income 558 543 466 379 340
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,472 2,474 2,472 2,479 2,477
Non-Current Capital Leases 9 11 13 14 16
Other Non-Current Liabilities 167 199 215 358 431
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 4,684 4,337 4,230 4,187 4,165
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 620 582 579 554 525
Retained Earnings 3,447 3,187 3,102 2,836 2,705
Other Equity -71 -102 -75 -145 -160
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 3,997 3,667 3,607 3,246 3,071
Total Liabilities & Shareholder's Equity 8,681 8,004 7,837 7,433 7,236
Total Common Equity 3,997 3,667 3,607 3,246 3,071
Shares Outstanding 89.60 92.50 94.90 94.80 94.60
Book Value Per Share 44.61 39.64 38.01 34.24 32.46

Fiscal Year End for Packaging Corporation of America falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 1,142 677 579 463
Receivables NA 1,038 1,045 1,024 1,031
Notes Receivable NA 0 0 0 0
Inventories NA 1,013 986 992 1,003
Other Current Assets NA 62 65 76 87
Total Current Assets NA 3,254 2,773 2,671 2,585
Net Property & Equipment NA 3,864 3,863 3,887 3,897
Investments & Advances NA 64 49 51 57
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 1,152 1,162 1,171 1,181
Deposits & Other Assets NA 67 51 41 41
Total Assets NA 8,681 8,178 8,107 8,049
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 402 406 366 411
Current Portion Long-Term Debt NA 400 400 0 0
Current Portion Capital Leases NA 2 2 2 2
Accrued Expenses NA 267 271 232 210
Income Taxes Payable NA 0 8 8 18
Other Current Liabilities NA 116 115 115 116
Total Current Liabilities NA 1,266 1,279 798 829
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 558 537 539 546
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,472 2,076 2,475 2,474
Non-Current Capital Leases NA 9 9 10 10
Other Non-Current Liabilities NA 177 215 207
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 4,684 4,290 4,258 4,291
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 620 613 607 598
Retained Earnings NA 3,447 3,371 3,339 3,259
Other Equity NA -71 -97 -99 -100
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 3,997 3,887 3,849 3,758
Total Liabilities & Shareholder's Equity NA 8,681 8,178 8,107 8,049
Total Common Equity 0 3,997 3,887 3,849 3,758
Shares Outstanding 89.70 89.60 89.60 89.90 89.90
Book Value Per Share 0.00 44.61 43.38 42.81 41.80