Packaging Corp Of America (N:PKG)
Business Focus: Paper Packaging
| Sector: Basic Materials | Industry: Paper Packaging |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1955 W Field Ct LAKE FOREST IL 60045 |
| Tel: | 1-877-4542509 |
| Website: | https://www.packagingcorp.com |
| IR: | See website |
| Key People | ||
| Mark W. Kowlzan Chairman of the Board, Chief Executive Officer | David Ray Shirley Senior Vice President - Corporate Engineering and Process Technology | Robert P. Mundy Chief Financial Officer, Executive Vice President |
| Charles J. Carter Executive Vice President - Mill Operations | Thomas A. Hassfurther Executive Vice President - Corrugated Products | Robert A. Schneider Senior Vice President, Chief Information Officer |
| Kent A. Pflederer Senior Vice President, General Counsel, Secretary | Jeff S. Kaser Senior Vice President - Corrugated Products | Darla J. Olivier Senior Vice President - Tax, ESG and Government Affairs | Bruce A. Ridley Senior Vice President - Environmental Health and Safety and Operational Services |
| Business Overview |
| Packaging Corporation of America is a producer of containerboard products and a producer of uncoated freesheet (UFS) paper in North America. The Company operates eight mills and 86 corrugated products plants and related facilities. Its segments include Packaging, Paper and Corporate and Other. Its containerboard mills produce linerboard and corrugating medium, which are papers primarily used in the production of corrugated products. Its corrugated products manufacturing plants produce a variety of corrugated packaging products. In addition, it also produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. It manufactures and sells papers, including both commodity and specialty papers, which may have custom or specialized features, such as colors, coatings, high brightness, and recycled content. Its papers consist of communication papers, including cut-size office papers, and printing and converting papers. |
| Financial Overview |
| For the three months ended 31 March 2024, Packaging Corp Of America revenues remained flat at $1.98B. Net income applicable to common stockholders decreased 23% to $145.9M. Revenues reflect Paper segment increase of 9% to $163.8M, Corporate and Other segment increase of 1% to $22.2M, also reflect Packaging segment decrease of 1% to $1.79B. Net income was partially offset by Packaging segment income decrease of 24% to $203.8M. |
| Employees: | 14,900 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $17,800M as of Mar 31, 2024 |
| Annual revenue (TTM): | $7,806M as of Mar 31, 2024 |
| EBITDA (TTM): | $1,575M as of Mar 31, 2024 |
| Net annual income (TTM): | $716.30M as of Mar 31, 2024 |
| Free cash flow (TTM): | $409.90M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $1,698M as of Mar 31, 2024 |
| Shares outstanding: | 89,800,000 as of Mar 31, 2024 |
| Index Membership: | S&P 500 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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