PKG
Consumer CyclicalPackaging Corporation of America · Packaging & Containers · $19B
What is Packaging Corporation of America?
Packaging Corporation of America is one of the largest producers of containerboard and corrugated packaging in the United States. Headquartered in Lake Forest, Illinois, the company serves a broad range of industries that depend on reliable, high-volume packaging solutions.
PKG operates through two segments: Packaging and Paper. The Packaging segment produces containerboard and corrugated products — from standard shipping boxes to multi-color retail displays and protective honeycomb materials — serving food, beverage, and industrial customers. The Paper segment manufactures commodity and specialty papers, including cut-size office papers and printing papers, sold through a dedicated sales organization. Revenue is driven primarily by volume-based contracts across domestic manufacturing and retail supply chains.
The company was incorporated in 2000 and is headquartered in Lake Forest, Illinois.
- Corrugated shipping containers for industrial and consumer goods
- Multi-color retail display boxes for merchandise presentation
- Honeycomb protective packaging materials
- Fresh produce and food-grade corrugated packaging
- Cut-size office and specialty printing papers
Is PKG a Good Stock to Buy?
UQS Score rates PKG as Below Average overall, reflecting a mixed picture across its five quality pillars.
The Risk pillar stands out as a relative strength, suggesting the business carries a manageable financial profile compared to many peers in the Consumer Cyclical sector. Valuation also registers as Good, meaning the stock does not appear significantly stretched relative to its fundamentals — a notable characteristic in a sector where pricing can run ahead of underlying business quality.
The Moat pillar is rated Weak, pointing to limited durable competitive advantages in what remains a commoditized, capital-intensive industry. Quality and Growth both land at Neutral, indicating neither a standout earnings profile nor meaningful above-sector expansion.
Pro members can view the exact pillar breakdown and full financial metrics behind the PKG UQS Score. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does PKG pay dividends?
Yes — Packaging Corporation of America pays a dividend.
PKG pays a regular dividend, consistent with its position as a mature, cash-generating industrial business. The company's relatively stable cash flows from packaging demand support ongoing distributions to shareholders. Investors seeking income alongside cyclical exposure often consider dividend-paying industrials like PKG as part of a diversified portfolio.
When does PKG report earnings?
Packaging Corporation of America reports earnings on a quarterly cadence, typical for US-listed equities.
Results tend to reflect broader trends in containerboard demand, input cost fluctuations, and pricing dynamics across the domestic packaging market. Volume shifts tied to e-commerce and consumer goods production cycles can meaningfully influence quarterly outcomes.
For the most recent quarter's results and guidance, visit Packaging Corporation of America's investor relations page directly.
PKG Price History
+64.4% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Packaging Corporation of America?
Based on Packaging Corporation of America's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
PKG Long-term Outlook
With Growth rated Neutral and Risk rated Good, PKG's fundamental trajectory appears steady rather than accelerating. The business is unlikely to deliver outsized expansion in the near term, but its risk profile suggests it is not exposed to acute financial stress. Valuation at Good levels may offer some cushion if sector conditions soften, though a Weak Moat rating limits confidence in sustained pricing power over a longer horizon.
Growth drivers
- Sustained domestic demand for corrugated packaging tied to e-commerce and food supply chains
- Potential volume recovery as manufacturing and retail inventory cycles normalize
- Specialty and food-grade packaging growth as consumer preferences shift
Key risks
- Commodity input cost volatility compressing margins in a low-moat environment
- Cyclical demand swings tied to broader consumer and industrial activity
- Limited pricing power in a competitive, capacity-driven containerboard market
PKG vs Peers
PKG competes in a consolidated US packaging and paper market alongside several large domestic and global players.
Amcor focuses on flexible and rigid plastic packaging with a significantly more global footprint than PKG's primarily US-based operations.
International Paper is one of the largest containerboard producers globally, competing directly with PKG on corrugated products and industrial packaging at greater scale.
Ball specializes in aluminum packaging — primarily beverage cans — serving a distinct end market compared to PKG's corrugated and paper focus.
Frequently Asked Questions
What does Packaging Corporation of America do?
PKG manufactures containerboard and corrugated packaging products for a wide range of industries, including food, beverage, and consumer goods. It also produces commodity and specialty papers through its Paper segment. The company sells primarily within the United States through direct sales teams and distribution partners.
Does PKG pay dividends?
Yes, PKG pays a regular dividend. The company's relatively stable cash generation from packaging operations supports consistent distributions. Investors should check PKG's investor relations page for the current dividend rate and payment schedule, as specific figures are not provided here.
When does PKG report earnings?
Packaging Corporation of America reports on a quarterly cadence, in line with standard US-listed company practice. For exact dates and the most recent results, refer to the company's investor relations page rather than relying on third-party estimates.
Is PKG a good stock to buy?
UQS Score rates PKG as Below Average overall. The Risk and Valuation pillars are relative strengths, but a Weak Moat and Neutral Quality and Growth ratings temper the overall picture. Whether it fits a portfolio depends on individual goals — the full pillar breakdown is available to Pro members.
Is PKG overvalued?
The UQS Valuation pillar for PKG is rated Good, suggesting the stock is not trading at a significant premium relative to its fundamentals. In a sector where valuations can stretch during demand cycles, a Good Valuation rating indicates relative reasonableness — though it should be considered alongside the Weak Moat profile.
How does PKG compare to its competitors?
PKG operates primarily in US corrugated and paper markets, while peers like International Paper compete at larger global scale and Amcor focuses on flexible plastics. Ball Corporation targets a different end market entirely with aluminum beverage cans. The UQS Score comparison for each competitor is available on their respective pages.
What is PKG's market cap bracket?
PKG is classified as a large-cap company, reflecting its significant scale within the US containerboard and packaging industry. Large-cap stocks generally offer greater liquidity and more established operating histories than smaller peers in the sector.
Who founded Packaging Corporation of America?
Packaging Corporation of America in its current form was incorporated in 2000, though the business traces roots to operations dating back to 1867. Detailed founding history is publicly available through the company's official disclosures and investor relations materials.
Is PKG a long-term quality investment?
As a long-term quality indicator, PKG's UQS profile is mixed. The Good Risk rating suggests financial stability, but the Weak Moat limits confidence in durable competitive advantages over time. Long-term investors focused on quality typically look for stronger moat and growth characteristics — the full analysis is available to Pro members.
What is the main competitive advantage of Packaging Corporation of America?
PKG's scale within the US corrugated market and its vertically integrated mill and converting operations provide some cost efficiency. However, the UQS Moat pillar rates this as Weak, reflecting the broader challenge of building durable pricing power in a commodity-driven, capital-intensive packaging industry.
What sector does PKG belong to?
PKG is classified under the Consumer Cyclical sector. Packaging demand tends to track broader economic activity — particularly manufacturing output, retail volumes, and e-commerce growth — making the business sensitive to cyclical swings in consumer and industrial spending.
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Pro Analysis
PKG — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 21, 2026 | 47.5 | 45.7 | 32.0 | 42.7 | 60.2 | 70.5 | -1.0 |
| May 7, 2026 | 48.5 | 47.1 | 32.0 | 42.2 | 63.4 | 71.7 | -0.2 |
| May 3, 2026 | 48.7 | 47.1 | 32.0 | 42.2 | 63.4 | 72.9 | -0.1 |
| May 1, 2026 | 48.8 | 47.1 | 32.0 | 42.2 | 63.4 | 73.7 | +0.1 |
| Apr 26, 2026 | 48.7 | 47.1 | 32.0 | 42.0 | 63.4 | 73.7 | -0.2 |
| Apr 25, 2026 | 48.9 | 47.1 | 32.0 | 43.2 | 63.4 | 73.3 | -0.1 |
| Apr 20, 2026 | 49.0 | 47.1 | 32.0 | 43.6 | 63.4 | 73.0 | +0.1 |
| Apr 19, 2026 | 48.9 | 47.1 | 32.0 | 43.4 | 63.4 | 73.0 | -0.1 |
| Apr 18, 2026 | 49.0 | 47.1 | 32.0 | 43.4 | 63.4 | 73.3 | -0.1 |
| Apr 14, 2026 | 49.1 | 47.1 | 32.0 | 43.4 | 63.4 | 74.0 | -0.1 |
PKG — Pillar Breakdown
Quality
— 45.6/100 (25%)Packaging Corporation of America has average quality metrics, with room for improvement in margins or capital efficiency.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 42.7/100 (20%)Packaging Corporation of America shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 60.2/100 (15%)Packaging Corporation of America maintains a reasonable risk profile with manageable debt levels.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 70.2/100 (15%)Packaging Corporation of America trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 32/100 (25%)Packaging Corporation of America operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for PKG.
Score Composition
Financial Data
More Stock Analysis
How is the PKG UQS Score Calculated?
The UQS (Unified Quality Score) for Packaging Corporation of America is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Packaging Corporation of America's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Packaging Corporation of America is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.