Packaging Corporation of America (PKG)

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

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$236.67

Low target

$218.00

High target

$262.00

Latest filings (excl ownership)

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6 Nov 25

Packaging Corporation of America Reports Third Quarter 2025 Results

22 Oct 25

8-K

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

2 Sep 25

8-K

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

15 Aug 25

424B5

Prospectus supplement for primary offering

13 Aug 25

FWP

Free writing prospectus

11 Aug 25

424B3

Prospectus supplement

11 Aug 25

S-3ASR

Automatic shelf registration

7 Aug 25

Entry into a Material Definitive Agreement

6 Aug 25

Transcripts

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PKG

Earnings call transcript

2025 Q3

23 Oct 25

PKG

Earnings call transcript

2025 Q2

24 Jul 25

PKG

Earnings call transcript

2025 Q1

23 Apr 25

PKG

Earnings call transcript

2024 Q4

29 Jan 25

PKG

Earnings call transcript

2024 Q3

23 Oct 24

PKG

Earnings call transcript

2024 Q2

24 Jul 24

PKG

Earnings call transcript

2024 Q1

23 Apr 24

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

Latest ownership filings

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MARK W KOWLZAN

15 Sep 25

144

Notice of proposed sale of securities

11 Sep 25

11-K

Annual report of employee stock purchases

29 May 25

11-K

Annual report of employee stock purchases

Financial summary

Financial statements Chart PKG financial data

Quarter (USD)	Sep 25	Jun 25	Mar 25	Dec 24
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 24	Dec 23	Dec 22	Dec 21
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)	634.00 mm	634.00 mm	634.00 mm	634.00 mm	634.00 mm	634.00 mm
Cash burn (monthly)	51.30 mm	3.55 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	64.72 mm	4.48 mm	n/a	n/a	n/a	n/a
Cash remaining	569.28 mm	629.52 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	11.1	177.3	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

PKG institutional ownership history Ownership history

92.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	887	807	+9.9%
Opened positions	153	114	+34.2%
Closed positions	73	72	+1.4%
Increased positions	306	274	+11.7%
Reduced positions	290	282	+2.8%

13F shares	Current	Prev Q	Change
Total value	17.53 tn	16.23 tn	+8.0%
Total shares	82.83 mm	80.71 mm	+2.6%
Total puts	140.14 k	114.09 k	+22.8%
Total calls	136.20 k	213.90 k	-36.3%
Total put/call ratio	1.0	0.5	+92.9%

Largest owners	Shares	Value	Change
Vanguard	11.42 mm	$2.57 tn	+1.2%
BlackRock	9.13 mm	$2.06 tn	+12.7%
STT State Street	3.95 mm	$893.44 bn	-0.1%
Charles Schwab Investment Management	3.07 mm	$691.14 bn	+4.5%
Geode Capital Management	2.37 mm	$531.54 bn	+1.3%
JPM JPMorgan Chase & Co.	2.07 mm	$467.09 bn	-11.9%
FIL	2.00 mm	$450.70 bn	-10.9%
AMP Ameriprise Financial	1.86 mm	$418.28 bn	-3.6%
IVZ Invesco	1.85 mm	$417.19 bn	+0.8%
Capital World Investors	1.67 mm	$376.07 bn	0.0%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	1.15 mm	+1.15 mm	NEW
BlackRock	9.13 mm	+1.03 mm	+12.7%
Nuveen Asset Management	302.77 k	-922.00 k	-75.3%
BAC Bank of America	1.22 mm	-680.92 k	-35.7%
American Century Companies	902.51 k	-673.59 k	-42.7%
Victory Capital Management	1.59 mm	-538.23 k	-25.2%
Millennium Management	619.54 k	-495.12 k	-44.4%
Balyasny Asset Management	848.40 k	+438.01 k	+106.7%
Maj Invest Holding A/S	301.14 k	-428.68 k	-58.7%
GS The Goldman Sachs Group, Inc.	430.16 k	-359.24 k	-45.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PKG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
11 Sep 25	Kowlzan Mark W	Common Stock	Sell	Dispose S	No	No	215.97	25,000	5.40 mm	437,378
7 May 25	Mencoff Samuel M	Common Stock	Grant	Acquire A	No	No	0	611	0.00	262,875.086
7 May 25	Beebe Cheryl K	Common Stock	Grant	Acquire A	No	No	0	611	0.00	14,513
7 May 25	Farrington Duane C	Common Stock	Grant	Acquire A	No	No	0	611	0.00	6,652
7 May 25	Karen E Gowland	Common Stock	Grant	Acquire A	No	No	0	611	0.00	1,527