packaging corporation of america (pca) is the fourth largest producer of containerboard and corrugated packaging products in the united states. in 2013 pca produced 2.7 million tons of containerboard and shipped 38.4 billion square feet of corrugated products. in 2013 pca acquired boise, inc., growing to $5.5 billion in sales and 13,600 employees. pca operates eight mills and a total of 94 converting operations/locations. pca is the third largest producer of uncoated freesheet paper in north america. pca combines great products with a creative and knowledgeable total-service team to provide ideas and solutions for any packaging need: "when you choose packaging corporation of america, you work with people who do the right things for each other and for our customers. we believe in utilizing the power of strong collaborative relationships, bound by the trust we have earned, to deliver innovative packaging solutions and an outstanding service experience." pca is a publically traded c
Company profile
Ticker
PKG
Exchange
Website
CEO
Mark Kowlzan
Employees
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Packaging Corporation • PCA International Inc. • PCA International • PCA Hydro Inc. • PCA Central California Corrugated, LLC • PCA Michigan Acquisition, LLC • Packaging Asset Holdings, LLC • Hexacomb Corporation • Louisiana Timber Procurement Company, LLC • Boise White Paper, LLC ...
IRS number
364277050
PKG stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
29 Feb 24
8-K
Departure of Directors or Certain Officers
29 Feb 24
8-K
Packaging Corporation of America Reports Fourth Quarter and Full Year 2023 Results
25 Jan 24
8-K
Other Events
30 Nov 23
424B5
Prospectus supplement for primary offering
28 Nov 23
FWP
Free writing prospectus
27 Nov 23
424B3
Prospectus supplement
27 Nov 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Packaging Corporation of America Reports Third Quarter 2023 Results
23 Oct 23
10-Q
2023 Q2
Quarterly report
4 Aug 23
Transcripts
PKG
Earnings call transcript
2023 Q4
25 Jan 24
PKG
Earnings call transcript
2023 Q3
24 Oct 23
PKG
Earnings call transcript
2023 Q2
25 Jul 23
PKG
Earnings call transcript
2023 Q1
25 Apr 23
PKG
Earnings call transcript
2022 Q4
26 Jan 23
PKG
Earnings call transcript
2022 Q3
25 Oct 22
PKG
Earnings call transcript
2022 Q2
26 Jul 22
PKG
Earnings call transcript
2022 Q1
26 Apr 22
PKG
Earnings call transcript
2021 Q4
27 Jan 22
PKG
Earnings call transcript
2021 Q3
26 Oct 21
Latest ownership filings
4
Robert P. Mundy
8 Mar 24
4
MARK W KOWLZAN
6 Mar 24
144
Notice of proposed sale of securities
6 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
4
MARK W KOWLZAN
1 Mar 24
4
Robert Andrew Schneider
1 Mar 24
4
Bruce A Ridley
1 Mar 24
4
Darla J. Olivier
1 Mar 24
4
Jeffrey S Kaser
1 Mar 24
4
Pamela A. Barnes
1 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 573.20 mm | 573.20 mm | 573.20 mm | 573.20 mm | 573.20 mm | 573.20 mm |
Cash burn (monthly) | (no burn) | 6.29 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 35.38 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 537.82 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 85.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
90.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 627 |
Opened positions | 73 |
Closed positions | 69 |
Increased positions | 227 |
Reduced positions | 215 |
13F shares | Current |
---|---|
Total value | 12.29 tn |
Total shares | 81.06 mm |
Total puts | 188.60 k |
Total calls | 564.00 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 11.34 mm | $1.74 tn |
BLK Blackrock | 8.97 mm | $1.38 tn |
STT State Street | 4.38 mm | $677.46 bn |
JPM JPMorgan Chase & Co. | 3.75 mm | $576.31 bn |
American Century Companies | 3.27 mm | $502.61 bn |
BAC Bank Of America | 3.20 mm | $491.53 bn |
Victory Capital Management | 3.09 mm | $475.03 bn |
Charles Schwab Investment Management | 2.19 mm | $335.77 bn |
FIL | 2.16 mm | $330.90 bn |
Geode Capital Management | 2.12 mm | $324.21 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Mar 24 | Mundy Robert P. | Common Stock | Sell | Dispose S | No | No | 182.51 | 10,000 | 1.83 mm | 46,454 |
4 Mar 24 | Kowlzan Mark W | Common Stock | Sell | Dispose S | No | No | 186.7 | 53,196 | 9.93 mm | 474,010 |
29 Feb 24 | Hassfurther Thomas A | Common Stock | Sell | Dispose S | No | No | 181.06 | 13,850 | 2.51 mm | 187,647 |
28 Feb 24 | Mundy Robert P. | Common Stock | Payment of exercise | Dispose F | No | No | 176.36 | 2,516 | 443.72 k | 56,454 |
28 Feb 24 | Mundy Robert P. | Common Stock | Grant | Acquire A | No | No | 0 | 502 | 0.00 | 58,970 |
28 Feb 24 | Mundy Robert P. | Common Stock | Grant | Acquire A | No | No | 0 | 5,174 | 0.00 | 58,468 |
28 Feb 24 | Mundy Robert P. | Common Stock | Grant | Acquire A | No | No | 0 | 4,533 | 0.00 | 53,294 |
28 Feb 24 | Hassfurther Thomas A | Common Stock | Payment of exercise | Dispose F | No | No | 176.36 | 5,886 | 1.04 mm | 201,497 |
28 Feb 24 | Hassfurther Thomas A | Common Stock | Grant | Acquire A | No | No | 0 | 1,323 | 0.00 | 207,383 |
28 Feb 24 | Hassfurther Thomas A | Common Stock | Grant | Acquire A | No | No | 0 | 13,634 | 0.00 | 206,060 |
News
Peering Into Packaging Corp of America's Recent Short Interest
12 Mar 24
B of A Securities Upgrades Packaging Corp of America to Buy
4 Mar 24
Health Care Becomes Most Overweighted Sector As Hedge Funds Crowd Into Magnificent 7
21 Feb 24
Looking Into Packaging Corp of America's Recent Short Interest
5 Feb 24
Packaging Corp of America Q4 Adj EPS $2.13 Beats $1.83 Estimate, Sales $1.94B Beat $1.91B Estimate
24 Jan 24
Press releases
Packaging Corporation of America Declares Quarterly Dividend
28 Feb 24
Packaging Corporation of America's Chief Executive Officer to Speak at Bank of America's 2024 Conference
14 Feb 24
Packaging Corporation of America's Chief Executive Officer to Speak at Bank of America's 2024 Conference
8 Feb 24
Packaging Corporation of America Reports Fourth Quarter and Full Year 2023 Results
24 Jan 24