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Packaging Corporation of America income statement

In fiscal 2025, Packaging Corporation of America reported revenue of $8.99bn, up 7.2% on the year before, operating income of $1.11bn (a 12.3% margin) and net income of $774m, or $34.32 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Packaging Corporation of America: income statement, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue2,1482,4362,6202,8443,6655,8535,7425,7796,4457,0156,9646,6587,7308,4787,8028,3838,9899,535
Cost of revenue———————4,5034,9745,3695,3205,2895,8576,3876,1046,6007,1007,618
Gross profit4275325426358681,2301,2081,2761,4711,6451,6441,3691,8732,0911,6991,7831,8901,917
Research and development9111311121213131314161615—————
Selling, general and administrative173182259281327470451469520536558540577609581610634679
Operating income3521852734384827037507839331,0681,0547241,2411,4211,0751,1011,1071,036
Net interest income————————−103−95−129−94−152−70−53−41−79−119
Income before tax3171532443754246146656898299719176331,1091,3651,0141,0641,028919
Income tax51−5285215−18222228239160233221172268335249259254227
Net income2662051581604413934374506697386964618411,030765805774692
Diluted EPS$10.40$8.00$6.28$6.56$18.08$15.96$17.88$19.00$28.28$31.20$29.36$19.36$35.32$44.12$33.92$35.72$34.32$0.03
Diluted shares (average)26m26m25m24m24m24m24m23m23m23m24m24m24m23m22m22m22,400m22,417m
EBITDA5043424366086841,0841,1071,1411,3241,4791,4411,1341,6591,8781,5931,6271,7601,811

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Packaging Corporation of America's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Packaging Corporation of America.