
Packaging Corporation of America
PKGFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
8,383
Cost of Revenue
6,600
Gross Profit
1,783
Gross Margin
21.3%
Operating Income
1,101
Operating Margin
13.1%
Net Income
805
Net Margin
9.6%
EPS (Basic)
$8.97
EPS (Diluted)
$8.93
EBITDA
1,631
EBITDA Margin
19.5%
2023
12/31/2023
Revenue
7,802
Cost of Revenue
6,104
Gross Profit
1,699
Gross Margin
21.8%
Operating Income
1,075
Operating Margin
13.8%
Net Income
765
Net Margin
9.8%
EPS (Basic)
$8.52
EPS (Diluted)
$8.48
EBITDA
1,585
EBITDA Margin
20.3%
2022
12/31/2022
Revenue
8,478
Cost of Revenue
6,387
Gross Profit
2,091
Gross Margin
24.7%
Operating Income
1,421
Operating Margin
16.8%
Net Income
1,030
Net Margin
12.1%
EPS (Basic)
$11.07
EPS (Diluted)
$11.02
EBITDA
1,892
EBITDA Margin
22.3%
2021
12/31/2021
Revenue
7,730
Cost of Revenue
5,857
Gross Profit
1,873
Gross Margin
24.2%
Operating Income
1,283
Operating Margin
16.6%
Net Income
841
Net Margin
10.9%
EPS (Basic)
$8.87
EPS (Diluted)
$8.83
EBITDA
1,679
EBITDA Margin
21.7%
2020
12/31/2020
Revenue
6,658
Cost of Revenue
5,272
Gross Profit
1,386
Gross Margin
20.8%
Operating Income
842
Operating Margin
12.6%
Net Income
461
Net Margin
6.9%
EPS (Basic)
$4.86
EPS (Diluted)
$4.85
EBITDA
1,136
EBITDA Margin
17.1%