Packaging Corporation of America (PCA) is the third largest producer of containerboard products and the third largest producer of uncoated freesheet paper in North America. PCA operates eight paper mills and 92 corrugated products plants and related facilities.
Company profile
Ticker
PKG
Exchange
Website
CEO
Mark Kowlzan
Employees
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Packaging Corporation • Polywoven Distributors PA, LLC • PCA International Inc. • PCA International • PCA Hydro Inc. • PCA Texas Acquisition, LLC • PCA Central California Corrugated, LLC • PCA Michigan Acquisition, LLC • Packaging Asset Holdings, LLC • Hexacomb Corporation ...
IRS number
364277050
PKG stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
23 Mar 23
DEFA14A
Additional proxy soliciting materials
23 Mar 23
DEF 14A
Definitive proxy
23 Mar 23
10-K
2022 FY
Annual report
23 Feb 23
8-K
Packaging Corporation of America Reports Fourth Quarter and Full Year 2022 Results
25 Jan 23
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Packaging Corporation of America Reports Third Quarter 2022 Results
24 Oct 22
10-Q
2022 Q2
Quarterly report
4 Aug 22
8-K
Packaging Corporation of America Reports Second Quarter 2022 Results
25 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
20 May 22
Transcripts
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
PKG
Earnings call transcript
2021 Q2
27 Jul 21
PKG
Earnings call transcript
2021 Q1
27 Apr 21
PKG
Earnings call transcript
2020 Q4
28 Jan 21
PKG
Earnings call transcript
2020 Q3
27 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| 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) | 320.00 mm | 320.00 mm | 320.00 mm | 320.00 mm | 320.00 mm | 320.00 mm |
| Cash burn (monthly) | 109.57 mm | 24.89 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 311.50 mm | 70.77 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 8.50 mm | 249.23 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 0.1 | 10.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
91.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 637 |
| Opened positions | 106 |
| Closed positions | 62 |
| Increased positions | 219 |
| Reduced positions | 213 |
| 13F shares | Current |
|---|---|
| Total value | 10.39 tn |
| Total shares | 82.12 mm |
| Total puts | 67.87 k |
| Total calls | 81.01 k |
| Total put/call ratio | 0.8 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 11.99 mm | $1.53 tn |
| BLK Blackrock | 8.90 mm | $1.14 tn |
| STT State Street | 3.94 mm | $509.53 bn |
| BAC Bank Of America | 3.90 mm | $499.43 bn |
| JPM JPMorgan Chase & Co. | 3.64 mm | $466.61 bn |
| American Century Companies | 3.51 mm | $448.43 bn |
| Victory Capital Management | 3.26 mm | $417.14 bn |
| Geode Capital Management | 2.01 mm | $258.05 bn |
| T. Rowe Price | 1.88 mm | $240.79 bn |
| Nordea Investment Management Ab | 1.86 mm | $237.66 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 Mar 23 | Hassfurther Thomas A | Common Stock | Payment of exercise | Dispose F | No | No | 132.96 | 7,677 | 1.02 mm | 234,645 |
| 21 Mar 23 | Hassfurther Thomas A | Common Stock | Grant | Acquire A | No | No | 0 | 19,507 | 0.00 | 242,322 |
| 21 Mar 23 | Kowlzan Mark W | Common Stock | Payment of exercise | Dispose F | No | No | 132.96 | 12,494 | 1.66 mm | 519,555 |
| 21 Mar 23 | Kowlzan Mark W | Common Stock | Grant | Acquire A | No | No | 0 | 28,201 | 0.00 | 532,049 |
| 21 Mar 23 | Mundy Robert P. | Common Stock | Payment of exercise | Dispose F | No | No | 132.96 | 3,280 | 436.11 k | 55,191 |
| 21 Mar 23 | Mundy Robert P. | Common Stock | Grant | Acquire A | No | No | 0 | 7,402 | 0.00 | 58,471 |
| 21 Mar 23 | Carter Charles J. | Common Stock | Payment of exercise | Dispose F | No | No | 132.96 | 2,405 | 319.77 k | 38,162 |
| 21 Mar 23 | Carter Charles J. | Common Stock | Grant | Acquire A | No | No | 0 | 6,110 | 0.00 | 40,567 |
| 21 Mar 23 | Pflederer Kent A. | Common Stock | Payment of exercise | Dispose F | No | No | 132.96 | 1,874 | 249.17 k | 60,812 |
| 21 Mar 23 | Pflederer Kent A. | Common Stock | Grant | Acquire A | No | No | 0 | 4,229 | 0.00 | 62,686 |
News
A Bullish Sign Appears On Packaging Corp of America's Chart
28 Feb 23
Wall Street's Most Accurate Analysts Say Hold These 3 Materials Stocks With Over 3% Dividend Yields
28 Feb 23
Truist Securities Maintains Buy on Packaging Corp of America, Raises Price Target to $144
27 Jan 23
Packaging Corp of America Q4 Adj. EPS $2.35 Beats $2.23 Estimate, Sales $1.98B Miss $2.03B Estimate
25 Jan 23
Earnings Scheduled For January 25, 2023
25 Jan 23