OakChart

Packaging Corp Of America

PKGConsumer Cyclical·Packaging & Containers·USA·Large·NYSE·Nov 11 • 3:59 PM ET

253.01-1.22 (-0.48%)
2026-11-12 03:28 CET
Market cap
22,541.85 USD m
Revenue, TTM
9,823.00 USD m
Net income, TTM
722.70 USD m
Free cash flow, TTM
686.60 USD m
EPS diluted, TTM
8.11
P/E
31.20
Compare

Price

PKG against its 20, 50 and 200-day averages
2050200missearnings
200.00220.00240.00260.00757K1.5MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26PKGclose 253.0120-day 248.9350-day 239.17200-day 230.72253.0152w high

3.6% under the 52-week high of 262.59 on 4 Nov 2026. 52-week low 191.50 on 20 Nov 2025. Last 15 sessions, 8.8% high to low

Volume 0.74× normal · the line is the 50-bar volume average

Profile

PKG
52-week range, 87% of the way up
191.5262.59

Packaging Corporation of America engages in the production of containerboard products and a producer of uncoated freesheet paper in North America. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers. The Corporate and Other segment focuses on transportation assets, such as rail cars, and trucks. The company was founded in 1959 and is headquartered in Lake Forest, IL.

IndexS&P 500, RUI
Employees16800
IPOJan 28, 2000
Beta0.77
ATR, 14d6.51
Rel volume0.74
Short float3.28%
Insider own3.39%
Inst own98.54%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap22.54B
Enterprise Value26.26B
Income722.70M
Sales9.82B
Book/sh53.94
Cash/sh7.69
Dividend Est.4.83 (1.91%)
Dividend TTM5.50 (2.17%)
Dividend Ex-DateSep 15, 2026
Dividend Gr. 3/5Y1.72% 8.21%
Payout58.26%
Employees16800
IPOJan 28, 2000

Ratios

P/E31.20
Forward P/E17.50
PEG1.09
P/S2.29
P/B4.69
P/C32.91
P/FCF32.83
EV/EBITDA12.65
EV/Sales2.67
Quick Ratio1.82
Current Ratio2.87
Debt/Eq0.92
LT Debt/Eq0.89
Option/ShortYes / Yes

Earnings

EPS (ttm)8.11
EPS next Y14.46
EPS next Q2.81
EPS this Y7.85%
EPS next Y36.22%
EPS next 5Y16.09%
EPS past 3/5Y-8.01% 12.11%
Sales past 3/5Y1.97% 6.19%
EPS Y/Y TTM-17.84%
Sales Y/Y TTM11.98%
EPS Q/Q16.61%
Sales Q/Q12.46%
EarningsOct 21 AMC
EPS/Sales Surpr.3.82% -0.38%

Ownership

Insider Own3.39%
Insider Trans-1.62%
Inst Own98.54%
Inst Trans0.26%
ROA6.51%
ROE15.12%
ROIC7.94%
Gross Margin20.53%
Oper. Margin12.95%
Profit Margin7.36%
SMA201.64%
SMA505.79%
SMA2009.66%
Trades-

Technical

Shs Outstand89.09M
Shs Float86.08M
Short Float3.28%
Short Ratio4.45
Short Interest2.82M
52W High262.59 -3.65%
52W Low191.50 32.12%
Volatility3.81% 2.52%
ATR (14)6.51
RSI (14)57.40
Beta0.77
Rel Volume0.74
Avg Volume633.70K
Volume468,576

Performance

Perf Week-2.38%
Perf Month9.22%
Perf Quarter-1.57%
Perf Half Y15.94%
Perf YTD22.68%
Perf Year24.62%
Perf 3Y62.57%
Perf 5Y87.28%
Perf 10Y206.31%
Recom2.00
Target Price281.62
Prev Close254.23
Price253.01
Change %-0.48%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Jul 09, 2026DowngradeWWells FargoOverweight → Equal Weight$246-2.8%
May 20, 2026UpgradeUUBSNeutral → Buy$248-2.0%
May 04, 2026UpgradeDDeutsche BankHold → Buy$256+1.2%
Apr 01, 2026InitiatedDDeutsche BankHold$225-11.1%
Jan 06, 2026UpgradeWWells FargoEqual Weight → Overweight$233-7.9%
Sep 24, 2025InitiatedJJP MorganOverweight$242-4.4%
Jun 16, 2025DowngradeJJefferiesBuy → Hold$205-19.0%
Jun 04, 2025InitiatedUUBSNeutral$200-21.0%
May 09, 2025DowngradeWWells FargoOverweight → Equal Weight$180-28.9%
Dec 18, 2024UpgradeJJefferiesHold → Buy$215 → $280+10.7%

Peers

Mkt cap
TickerCompanyMkt cap
IPInternational Paper Co18.36B
SWSmurfit WestRock plc23.02B
GPKGraphic Packaging Holding Co3.28B
GEFGreif Inc3.98B
SONSonoco Products Co4.90B
AMCRAmcor Plc20.52B
PACKRanpak Holdings Corp304.55M
CLWClearwater Paper Corp224.37M
SLVMSylvamo Corp1.54B
SUZSuzano SA ADR11.88B

Insider trading

11 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Shirley Donald R.Exec. VPAug 20 '26Sale250.7112,0003,008,49619,110Aug 24 02:32 PM
Donald Ray ShirleyDirectorAug 20 '26Proposed Sale250.0012,0003,000,000Aug 20 02:23 PM
Hassfurther Thomas APresidentAug 07 '26Sale254.007,0631,794,002202,891Aug 11 10:41 AM
Hassfurther Thomas APresidentAug 03 '26Sale250.0012,5313,132,750218,751Aug 05 02:41 PM
Hassfurther Thomas APresidentAug 05 '26Sale257.008,7972,260,829209,954Aug 05 02:41 PM
Hassfurther Thomas AOfficerJul 28 '26Proposed Sale256.3128,3917,276,897Jul 28 10:16 AM
KOWLZAN MARK WChairman & CEOMay 27 '26Sale217.089,2662,011,426473,610May 28 05:50 PM
KOWLZAN MARK WMember of immediate family ofMay 27 '26Proposed Sale212.949,2661,973,102May 27 12:13 PM
Hassfurther Thomas AOfficerFeb 13 '26Proposed Sale246.7526,4506,526,537Feb 13 11:56 AM
Hassfurther Thomas APresidentFeb 05 '26Sale230.5012,1292,795,734197,062Feb 09 12:26 PM
Hassfurther Thomas AOfficerFeb 05 '26Proposed Sale230.9212,1292,800,832Feb 05 12:21 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
VOVanguard Morningstar Mid-Cap ETFAUM: 107.07B
IVViShares Core S&P 500 ETFAUM: 871.38B
XLBState Street Materials Select Sector SPDR ETFAUM: 8.46B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
RSPInvesco S&P 500 Equal Weight ETFAUM: 104.94B
VTVVanguard Morningstar Value ETFAUM: 196.23B
DVYiShares Select Dividend ETFAUM: 23.68B
VOEVanguard Morningstar Mid-Cap Value ETFAUM: 24.66B

News

latest 14 of 100

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-213.0402.9282.9302,6022,6128
2026Q22026-07-222.3502.3072.1462,4902,4939
2026Q12026-04-222.4002.1411.9062,3682,4259
2025Q42026-01-272.3202.4081.1282,3642,4368
2025Q32025-10-222.7302.8242.5132,3132,3039
2025Q22025-07-232.4802.4442.6752,1712,1907
2025Q12025-04-222.3102.2072.2592,1412,1086
2024Q42025-01-282.4702.5332.4452,1462,1306
2024Q32024-10-222.6502.5012.6412,1822,0946
2024Q22024-07-232.2002.1282.2072,0752,0257
2024Q12024-04-221.7201.6791.6321,9801,9096
2023Q42024-01-252.1301.8342.0951,9381,9046
2023Q32023-10-232.0501.9302.0311,9361,9946
2023Q22023-07-242.3101.9282.2441,9521,9868
2023Q12023-04-242.2002.2672.1091,9762,0808
2022Q42023-01-252.3502.2262.3111,9782,04210

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2018FY8.0308.0127.7997,0157,057
2019FY7.6507.6447.3456,9646,952
2020FY5.7805.8584.8456,6586,667
2021FY9.3908.7038.8337,7307,623
2022FY11.14011.00911.0248,4788,549
2023FY8.7008.4138.4807,8027,767
2024FY9.0409.1218.9338,3838,372
2025FY9.8409.9288.5808,9899,080
2026FY-10.612--10,078
2027FY-14.456--11,010
2028FY-15.396--11,338
2029FY-16.600--11,228

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-098232,6182,4952,776
2026Q4S2026-10-238232,6182,4952,776
2026Q4S2026-10-228322,6262,4952,776
2026Q4S2026-10-218402,6282,4932,726
2026Q4S2026-10-198402,6282,4932,726
2026Q4S2026-10-129302,6112,4932,726
2026Q4S2026-10-109302,6112,4932,726
2026Q4S2026-10-099502,6112,4932,726
2026Q4S2026-10-079402,6062,4882,695
2026Q4S2026-10-059502,6062,4882,695
2026Q4S2026-10-029502,6072,4882,695
2026Q4S2026-09-229502,6082,4882,695
2026Q4S2026-09-219602,6072,4882,695
2026Q4S2026-09-119702,6072,4882,695

Estimate history

EPS, annual7.0767.7997.3454.8458.83311.0248.488.9338.5828.1105
Period201720182019202020212022202320242025TTM
EPS, quarterly2.6412.4452.2592.6752.5131.1281.9062.1462.93
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual6444.97014.66964.36658.27730.384787802.48383.38989.39823
Period201720182019202020212022202320242025TTM
Sales, quarterly2182.42146.121412171.32313.42363.62367.82489.92601.7
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual94.394.594.65594.8393.53989.69589.62589.80289.21489.095
Period201720182019202020212022202320242025MRQ
Shares, quarterly89.80989.80289.92889.9889.97789.21489.189.09989.095
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue9,823.008,989.308,383.307,802.408,478.007,730.306,658.206,964.307,014.60
Cost of Goods Sold Incl. D&A7,806.207,099.706,600.206,103.506,387.405,857.305,271.905,320.305,369.30
Gross Profit2,016.801,889.601,783.101,698.902,090.601,873.001,386.301,644.001,645.30
Selling, General and Administrative Excl. Other707.60634.20610.30580.90608.60576.80539.60557.60536.40
Research and Development-----14.5015.5016.0014.40
Other Operating Expense36.9026.7023.201.5010.0012.905.106.706.70
Operating Income1,272.301,228.701,149.601,116.501,472.001,283.30841.601,079.701,102.20
Interest Expense132.0079.1041.4053.3070.40152.4093.50128.8091.90
Unusual Expense133.1080.908.609.706.803.0091.201.0017.20
Net Income Before Taxes967.601,027.801,064.401,014.101,364.801,108.70632.70917.00970.50
Income Taxes240.50253.70259.30248.90335.00267.60171.70220.60232.50
Consolidated Net Income722.70768.90799.50759.001,021.90834.70457.40691.20732.30
Net Income From Continuing Operations722.70768.90799.50759.001,021.90834.70457.40691.20732.30
Net Income722.70768.90799.50759.001,021.90834.70457.40691.20732.30
EPS (Recurring)9.179.219.008.5611.088.865.527.357.93
EPS (Basic, Before Extraordinaries)8.158.618.978.5211.078.874.867.377.82
EPS (Diluted)8.118.588.938.4811.028.834.857.357.80
EBITDA2,076.701,881.501,675.201,634.201,928.801,700.601,251.201,468.701,514.10
Non-Operating Income (Expense)-39.60-40.90-35.20-39.40-30.00-19.20-24.20-32.90-22.60
Other After Tax Adjustments-4.40-5.20-5.60-6.20-7.90-6.40-3.60-5.20-5.70
Stock Option Compensation Expense42.1034.0036.6030.0026.7026.6022.4022.8017.60
Price To Earnings Ratio31.2031.2026.2518.7411.6415.4128.5015.2610.73
Price To Sales Ratio2.082.062.401.871.401.661.961.511.12
Gross Margin20.5321.0221.2721.7724.6624.2320.8223.6123.46
Operating Margin12.9513.6713.7114.3117.3616.6012.6415.5015.71
Net Margin7.368.559.549.7312.0510.806.879.9210.44
Shares Outstanding89.0989.2189.8089.6289.6993.5494.8394.6594.50
Market Capitalization22,541.8522,541.8520,217.7814,600.6911,836.0912,933.0013,078.1210,600.757,886.72

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue2,601.702,489.902,367.802,363.602,313.402,171.302,141.002,146.10
Cost of Goods Sold Incl. D&A1,997.801,977.401,914.901,916.101,809.101,688.301,686.301,676.40
Gross Profit603.90512.50452.90447.50504.30483.00454.70469.70
Selling, General and Administrative Excl. Other182.70179.30180.30165.30154.30153.20161.40147.00
Other Operating Expense9.3012.606.308.706.309.302.507.00
Operating Income411.90320.60266.30273.50343.70320.50290.80315.70
Interest Expense32.3033.3032.6033.8019.3013.1012.9011.70
Unusual Expense10.7018.409.0095.007.20-23.702.300.70
Net Income Before Taxes354.20259.00219.80134.60305.20320.60267.40291.60
Income Taxes91.9066.9048.9032.8078.3079.1063.6070.50
Consolidated Net Income260.80191.00169.80101.10225.40239.90202.40219.60
Net Income From Continuing Operations260.80191.00169.80101.10225.40239.90202.40219.60
Net Income260.80191.00169.80101.10225.40239.90202.40219.60
EPS (Recurring)3.012.291.981.872.572.492.282.45
EPS (Basic, Before Extraordinaries)2.952.161.921.132.522.692.272.45
EPS (Diluted)2.932.151.911.132.512.672.262.45
EBITDA593.20496.90491.50495.10496.30461.10428.80451.70
Non-Operating Income (Expense)-14.70-9.90-4.90-10.10-12.00-10.50-8.20-11.70
Other After Tax Adjustments-1.50-1.10-1.10-0.70-1.50-1.60-1.40-1.50
Stock Option Compensation Expense11.3012.8011.506.506.407.7013.406.90
Price To Earnings Ratio31.2028.9824.7520.8521.7519.7322.1926.25
Price To Sales Ratio2.082.222.052.062.231.962.082.41
Gross Margin23.2120.5819.1318.9321.8022.2421.2421.89
Operating Margin15.8312.8811.2511.5714.8614.7613.5814.71
Net Margin10.027.677.174.289.7411.059.4510.23
Shares Outstanding89.0989.1089.1089.2189.9889.9889.9389.80
Market Capitalization22,541.8521,230.4418,932.8718,555.9819,609.0816,956.7317,782.4320,217.78

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments600.80787.001,141.50405.20704.801,080.20767.40361.50216.90
Short Term Receivables1,283.901,154.201,037.501,067.501,078.40837.50872.10918.60900.20
Inventories1,243.201,124.901,013.10977.30902.50787.90794.10795.60762.50
Other Current Assets85.80166.9062.3058.3047.0044.7044.8039.4035.50
Total Current Assets3,213.703,233.003,254.402,508.302,732.702,750.302,478.402,115.101,915.10
Net Property, Plant & Equipment5,361.104,315.904,143.404,198.303,767.303,427.603,386.003,108.602,924.90
Total Investments and Advances67.0065.2064.1064.9060.0042.7058.100.000.00
Intangible Assets1,974.601,114.301,152.001,190.301,231.901,159.401,257.501,295.501,293.20
Deferred Tax Assets199.10188.80200.30216.90185.10218.20---
Other Assets109.10104.8067.2042.0044.9053.2055.8050.5064.30
Total Assets10,924.609,022.008,881.408,220.708,021.907,651.407,235.806,569.706,197.50
Short Term Debt Incl. Current Port. of LT Debt102.1082.60480.2074.1068.8070.5064.101.40151.30
Accounts Payable421.00396.50402.40410.40452.40387.00351.90382.20402.90
Income Tax Payable19.8018.7018.6017.4017.6016.5015.3013.4016.00
Other Current Liabilities472.20503.80364.50373.60346.00308.60292.50296.60262.50
Total Current Liabilities1,015.101,001.601,265.70875.50884.80782.60723.80693.60832.70
Long Term Debt4,262.802,688.902,693.002,719.002,663.502,667.402,670.402,501.302,499.40
Provision for Risks Charges134.40118.50128.20162.90177.70317.30375.50357.50372.50
Deferred Tax Liabilities859.20750.70758.30759.90651.00597.60340.10285.20239.50
Other Liabilities55.1058.3038.9036.3037.7040.2055.0059.7070.80
Total Liabilities6,326.604,618.004,884.104,553.604,414.704,405.104,164.803,897.304,014.90
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity4,598.004,404.003,997.303,667.103,607.203,246.303,071.002,672.402,182.60
Total Shareholders Equity4,598.004,404.003,997.303,667.103,607.203,246.303,071.002,672.402,182.60
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity4,598.004,404.003,997.303,667.103,607.203,246.303,071.002,672.402,182.60
Total Liabilities & Stockholders Equity10,924.609,022.008,881.408,220.708,021.907,651.407,235.806,569.706,197.50
Book Value Per Share51.5449.0444.6040.8838.5634.2332.4428.2823.15
Tangible Book Value Per Share29.4136.6331.7527.6125.3922.0119.1614.579.43
Full-Time Employees16,80015,40014,90015,10015,20015,20015,50015,00014,600
Price to Book Ratio4.694.743.762.993.534.033.452.955.71
Return on Assets7.718.938.8812.5810.656.1410.0111.4711.07
Return on Equity17.0819.0319.8128.1024.3614.4824.0730.1733.63
Return on Invested Capital8.6811.2711.3416.0013.317.7312.0414.1514.16
Quick Ratio1.942.101.771.752.072.512.331.901.38
Current Ratio3.173.232.572.863.093.513.423.052.30

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income727.10774.10805.10765.201,029.80841.10461.00696.40738.00
Depreciation804.40652.80525.60517.70456.80417.50409.90387.50410.90
Other Funds (Non Cash)133.0088.0075.3033.807.5063.5049.4053.9045.40
Funds from Operations1,661.601,612.201,401.801,321.901,580.101,381.50955.001,198.101,233.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-38.10-54.70-210.60-6.80-85.10-287.4077.809.30-52.90
Income Taxes Payable65.90-18.00-5.90--28.40---9.1053.00
Cash from Operating Activities1,623.501,557.501,191.201,315.101,495.001,094.101,032.801,207.401,180.10
Capital Expenditures-939.30-831.30-671.60-472.30-830.40-606.90-427.60-403.30-555.90
Net Assets From Acquisitions-21.20-1,804.300.000.000.00-194.900.000.00-56.30
Sale of Fixed Assets and Businesses1.8033.401.301.602.207.904.604.101.50
Purchase or Sale of Investments-55.8029.30392.50-404.40-7.40-0.50-3.10-146.100.00
Purchase of Investments-227.70-113.50-114.30-507.20-126.10-127.40-110.10-146.100.00
Sale Or Maturity of Investments171.90142.80506.80102.80118.70126.90107.000.000.00
Other Uses0.000.000.000.000.000.000.00-1.300.00
Other Sources6.300.000.000.001.900.000.00-2.50
Cash from Investing Activities-1,008.20-2,572.90-277.80-875.10-833.70-794.40-426.10-546.60-608.20
Cash Dividends Paid-469.40-449.60-448.80-448.90-420.30-379.80-299.60-298.70-268.10
Change in Capital Stock-211.80-153.000.00-41.50-522.60-193.000.000.000.00
Repurchase of Common Pref Stock-211.80-153.000.00-41.50-522.60-193.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-2.101,485.60-401.90394.10-1.70-69.90-1.50-35.90-151.30
Change in Long Term Debt-2.101,485.60-401.90394.10-1.70-69.90-1.50-35.90-151.30
Issuance of Long Term Debt0.201,487.800.00396.000.00687.800.00887.500.00
Reduction of Long Term Debt-2.30-2.20-401.90-1.90-1.70-757.70-1.50-923.40-151.30
Net Financing Active Other Cash Flow-31.40-23.60-25.70-15.70-15.40-12.90-10.50-8.20-7.90
Other Financing Activities Uses-31.40-23.60-25.70-15.70-15.40-12.90-10.50-8.20-7.90
Cash from Financing Activities-714.70859.40-876.40-112.00-960.00-655.60-311.60-342.80-427.30
Net Change in Cash-99.40-156.0037.00328.00-298.70-355.90295.10318.00144.60
Free Cash Flow686.60728.60521.50845.40670.80489.00611.60807.90628.70
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow93.9466.23277.1536.7747.33117.8241.7320.7021.73
Deferred Taxes & Investment Tax Credit-97.30-4.205.2086.0059.4034.7060.3038.70

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments684.90593.80543.70600.80728.70880.30
Short Term Receivables1,483.601,463.101,351.101,283.901,410.501,205.90
Inventories1,309.701,262.401,258.401,243.201,277.101,144.70
Other Current Assets93.10104.30104.4085.8081.10105.70
Total Current Assets3,571.303,423.603,257.603,213.703,497.403,336.60
Net Property, Plant & Equipment5,511.405,424.905,373.105,361.105,412.304,430.30
Total Investments and Advances76.9073.0071.8067.0077.7075.60
Intangible Assets1,967.601,981.901,965.601,974.601,890.401,095.50
Deferred Tax Assets---199.10--
Other Assets110.00112.10109.80109.10102.20103.20
Total Assets11,237.2011,015.5010,777.9010,924.6010,980.009,041.20
Short Term Debt Incl. Current Port. of LT Debt109.40106.80104.40102.1098.2088.90
Accounts Payable530.80516.60457.20421.00554.20490.70
Income Tax Payable37.8031.6026.0019.8035.5029.10
Other Current Liabilities566.80508.90473.30472.20419.60334.30
Total Current Liabilities1,244.801,163.901,060.901,015.101,107.50943.00
Long Term Debt4,297.504,297.504,262.504,262.804,258.702,721.90
Provision for Risks Charges116.30115.10107.90134.40101.9098.10
Deferred Tax Liabilities669.40681.30677.60859.20671.80564.90
Other Liabilities103.8095.8081.2055.1084.6081.20
Total Liabilities6,431.806,353.606,190.106,326.606,224.504,409.10
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity4,805.404,661.904,587.804,598.004,755.504,632.10
Total Shareholders Equity4,805.404,661.904,587.804,598.004,755.504,632.10
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity4,805.404,661.904,587.804,598.004,755.504,632.10
Total Liabilities & Stockholders Equity11,237.2011,015.5010,777.9010,924.6010,980.009,041.20
Book Value Per Share53.9452.3251.4951.5452.8551.48
Tangible Book Value Per Share31.8530.0829.4329.4131.8439.30
Full-Time Employees---16,800--
Price to Book Ratio4.694.634.123.904.233.77
Return on Assets6.516.857.467.718.999.97
Return on Equity15.1214.7916.2017.0819.6820.51
Return on Invested Capital2.872.131.921.142.503.26
Quick Ratio1.821.861.881.942.002.32
Current Ratio2.872.943.073.173.163.54

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income262.30192.10170.90101.80227.00241.50
Depreciation181.30176.30225.20221.60152.60140.60
Other Funds (Non Cash)30.2036.3018.3048.2022.70-5.80
Funds from Operations461.90408.40431.80359.50508.90370.30
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital9.70-32.40-102.5087.10-36.70-70.70
Income Taxes Payable38.00-15.1013.0030.00-47.40-40.20
Cash from Operating Activities471.60376.00329.30446.60472.20299.60
Capital Expenditures-247.40-206.00-166.60-319.30-192.30-170.00
Net Assets From Acquisitions0.00-6.40-14.800.00-1,804.300.00
Sale of Fixed Assets and Businesses0.400.700.600.100.3032.30
Purchase or Sale of Investments-3.70-5.70-80.1033.70-4.10-5.10
Purchase of Investments-77.20-28.90-107.40-14.20-27.30-40.40
Sale Or Maturity of Investments73.5023.2027.3047.9023.2035.30
Other Uses0.000.000.000.000.000.00
Other Sources5.500.800.000.000.000.00
Cash from Investing Activities-245.20-216.60-260.90-285.50-2,000.40-142.80
Cash Dividends Paid-133.70-111.30-111.90-112.50-112.40-112.40
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.000.00-58.80-153.000.000.00
Repurchase of Common Pref Stock0.000.00-58.80-153.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-0.70-0.40-0.60-0.401,487.00-0.50
Change in Long Term Debt-0.70-0.40-0.60-0.401,487.00-0.50
Issuance of Long Term Debt0.000.000.000.201,487.600.00
Reduction of Long Term Debt-0.70-0.40-0.60-0.60-0.60-0.50
Net Financing Active Other Cash Flow-0.20-2.00-29.00-0.20-0.30-7.70
Other Financing Activities Uses-0.20-2.00-29.00-0.20-0.30-7.70
Cash from Financing Activities-134.60-113.70-200.30-266.101,374.30-120.60
Net Change in Cash91.8045.70-131.90-105.00-153.9036.20
Free Cash Flow224.30170.10164.60127.60280.10129.90
Price to Free Cash Flow93.9472.0674.7466.2370.9095.99

Revenue breakdown

Trade2024: 8.38B 2025: 8.99B
United States2024: 8.38B 2025: 8.99B
Corporate and Other2024: 67.70M 2025: 80.00M
Packaging2024: 7.69B 2025: 8.29B
Paper2024: 624.70M 2025: 615.40M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-303.28%2.8M86.1M591.75K
2026-10-153.68%3.2M86.1M608.23K
2026-09-303.45%3.0M86.1M618.02K
2026-09-153.89%3.3M86.1M623.35K
2026-08-313.10%2.7M86.1M625.42K
2026-08-143.41%2.9M86.1M665.98K
2026-07-313.81%3.3M86.2M694.65K
2026-07-154.15%3.6M86.2M720.63K
2026-06-304.12%3.5M86.0M756.18K
2026-06-154.69%4.0M86.0M872.64K
2026-05-294.52%3.9M86.0M922.50K
2026-05-154.68%4.0M86.0M972.58K
2026-04-304.49%3.9M86.5M1.04M
2026-04-153.93%3.4M86.5M1.10M
2026-03-313.85%3.3M86.8M1.10M
2026-03-136.02%5.2M86.8M996.56K
2026-02-274.46%3.9M86.8M970.28K
2026-02-133.91%3.4M87.5M915.85K
2026-01-303.62%3.2M87.8M883.80K
2026-01-152.80%2.5M87.8M813.33K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call145106.71100.002.3500.000.000.973-0.2790.024
call150101.51050.002.2280.000.000.972-0.2760.025
call15596.701000.002.1090.000.000.970-0.2740.026
call16091.9095.100.002.0180.000.000.968-0.2710.028
call16586.8090.000.001.8820.000.000.966-0.2680.029
call17081.9085.100.001.7960.000.000.965-0.2650.030
call17577.0080.100.001.6880.000.000.962-0.2620.032
call18071.4075.100.001.5830.000.000.960-0.2590.034
call18566.9070.100.001.4810.000.000.957-0.2550.035
call19061.9065.000.001.3620.000.000.954-0.2510.037
call19556.9060.000.001.2640.000.000.951-0.2460.040
call20052.3055.000.001.1680.000.000.947-0.2410.042
call21042.1045.100.000.9930.000.000.938-0.2300.048
call22031.5035.2022.810.8181.000.000.924-0.2160.056
call23022.1025.2011.450.62910.000.000.901-0.2030.069
call24012.8015.1014.210.42570.000.000.846-0.1940.093
call2505.107.308.120.35775.000.000.599-0.3210.152
call2600.453.602.680.40556.000.000.342-0.3230.144
call2700.052.851.270.54469.000.000.230-0.3620.120
call2800.002.350.500.63930.000.000.168-0.3590.099
call2900.002.150.380.75531.000.000.136-0.3690.086
call3000.002.150.000.8800.000.000.121-0.3960.079
call3100.002.150.000.9970.000.000.110-0.4180.074
call3200.002.150.001.0760.000.000.094-0.4040.066
call3300.002.150.001.2090.000.000.094-0.4540.066
call3400.002.150.001.3070.000.000.089-0.4690.063
put1450.002.150.302.0001.000.00-0.026-0.2700.024
put1500.002.150.301.8981.000.00-0.028-0.2680.025
put1550.002.150.351.7961.000.00-0.029-0.2650.027
put1600.002.150.001.6960.000.00-0.031-0.2620.028
put1650.002.150.401.6071.000.00-0.033-0.2630.029
put1700.002.150.001.5110.000.00-0.035-0.2600.030
put1750.002.150.001.4180.000.00-0.037-0.2560.032
put1800.002.150.001.3120.000.00-0.038-0.2410.033
put1850.002.150.001.2380.000.00-0.042-0.2470.035
put1900.002.150.001.1500.000.00-0.045-0.2430.037
put1950.002.150.001.0510.000.00-0.047-0.2280.038
put2000.002.150.100.98011.000.00-0.052-0.2320.042
put2100.001.950.200.81411.000.00-0.062-0.2200.048
put2200.002.201.250.6517.000.00-0.075-0.2050.056
put2300.001.800.700.4895.000.00-0.099-0.1900.069
put2400.400.900.800.32234.000.00-0.154-0.1810.093
put2501.354.306.700.3695.000.00-0.400-0.3060.152
put2607.209.800.000.3630.000.00-0.658-0.3070.144
put27015.3018.7013.000.4625.000.00-0.769-0.3450.120
put28025.9028.100.000.5470.000.00-0.824-0.3640.102
put29035.2038.000.000.6630.000.00-0.863-0.3500.086
put30045.2048.800.000.8910.000.00-0.879-0.3760.079
put31055.8058.700.000.9970.000.00-0.890-0.3970.074
put32065.2068.200.001.0310.000.00-0.898-0.4150.070
put33075.2078.300.001.1480.000.00-0.905-0.4310.066
put34085.2088.200.001.2270.000.00-0.911-0.4450.063

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-228-KCurrent report2026-10-21SEC
2026-08-244Statement of changes in beneficial ownership of securities2026-08-20SEC
2026-08-20144Filing for proposed sale of securities under Rule 144.SEC
2026-08-114Statement of changes in beneficial ownership of securities2026-08-07SEC
2026-08-0710-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-07SCHEDULE 13GSEC
2026-08-054Statement of changes in beneficial ownership of securities2026-08-03SEC
2026-07-28144Filing for proposed sale of securities under Rule 144.SEC
2026-07-238-KCurrent report2026-07-22SEC
2026-05-284Statement of changes in beneficial ownership of securities2026-05-27SEC
2026-05-2811-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-05-2811-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-05-27144Filing for proposed sale of securities under Rule 144.SEC
2026-05-15SCHEDULE 13GSEC
2026-05-138-KCurrent report2026-05-12SEC
2026-05-134Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-0810-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-04-30SCHEDULE 13GSEC
2026-04-238-KCurrent report2026-04-22SEC
2026-03-314Statement of changes in beneficial ownership of securities2026-03-27SEC
2026-03-314Statement of changes in beneficial ownership of securities2026-03-27SEC
2026-03-314Statement of changes in beneficial ownership of securities2026-03-27SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080010.20M4
2026-070000
2026-060000
2026-05002.01M1
2026-040000
2026-030000
2026-02002.80M1
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.8.66%
PRICE T ROWE ASSOCIATES INC /MD/6.54%
VANGUARD CAPITAL MANAGEMENT LLC6.51%
STATE STREET CORP5.18%
VANGUARD PORTFOLIO MANAGEMENT LLC4.94%
JPMORGAN CHASE & CO4.17%
Bank of New York Mellon Corp3.48%
FIL Ltd2.97%
GEODE CAPITAL MANAGEMENT, LLC2.85%
ROYAL BANK OF CANADA2.51%

Funds

Fund% owned
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND24.24%
First Trust Enhanced Short Maturity ETF19.52%
THE HARTFORD BALANCED INCOME FUND15.63%
BlackRock Systematic Multi-Strategy Fund11.94%
VANGUARD INTERMEDIATE-TERM BOND INDEX FUND9.40%
Victory Income Fund6.59%
First Trust Limited Duration Investment Grade Corporate ETF5.96%
Invesco BulletShares 2027 Corporate Bond ETF5.77%
Fidelity U.S. Bond Index Fund5.61%
VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND5.33%

OakChart. PKG. Cached 15 minutes.