PACKAGING CORP OF AMERICA (PKG) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	9.8B	9.0B	8.4B	7.8B	8.5B
Cost of Revenue	7.8B	7.1B	6.6B	6.1B	6.4B
Gross Profit	2.0B	1.9B	1.8B	1.7B	2.1B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	707.6M	634.2M	610.3M	580.9M	608.6M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	71.5M	42.9M	61.3M
Total Operating Expenses	707.6M	634.2M	681.8M	623.8M	669.9M
Cost and Expenses	8.5B	7.7B	7.3B	6.7B	7.1B
Operating Income (EBIT)	1.3B	1.3B	1.1B	1.1B	1.4B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	132.0M	79.1M	41.4M	53.3M	70.4M
Net Interest Income	(132.0M)	(79.1M)	(41.4M)	(53.3M)	(70.4M)
Other Non-Op Income/Expense	(341.6M)	(227.6M)	(36.9M)	(61.0M)	(55.9M)
Non-Operating Income (excl Interest)	174.9M	148.5M	(4.5M)	7.7M	(14.5M)
EBT (Pre-Tax Income)	967.6M	1.0B	1.1B	1.0B	1.4B
Income Tax Expense	240.5M	253.7M	259.3M	248.9M	335.0M
Bottom Line
Net Income	726.4M	768.9M	805.1M	765.2M	1.0B
Earnings from Cont. Ops	727.1M	774.1M	805.1M	765.2M	1.0B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	722.7M	768.9M	799.5M	759.0M	1.0B
Per Share
Basic EPS	$8.15	$8.58	$8.97	$8.52	$11.07
Diluted EPS	$8.12	$8.58	$8.93	$8.48	$11.02
Revenue Per Share	$110.74	$100.33	$94.09	$87.57	$91.85
Shares
Basic Shares Outstanding	88.7M	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	804.4M	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 Sep 1, 2026