Packaging Corporation of America (PKG)
NYSE: PKG · Real-Time Price · USD
247.15
-5.86 (-2.32%)
Oct 28, 2026, 12:55 PM EDT - Market open
PKG Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 774.1 | 805.1 | 765.2 | 1,030 | 841.1 |
Depreciation & Amortization | 601.4 | 520.9 | 499.4 | 447.1 | 409.2 |
Other Amortization | 7.6 | 4.8 | 6.1 | 6.1 | 8 |
Loss (Gain) From Sale of Assets | 29.4 | 19.5 | 9.1 | 15.2 | 6.1 |
Asset Writedown & Restructuring Costs | 49.1 | 2.2 | 14.4 | 5.7 | 4.7 |
Stock-Based Compensation | 45.2 | 48.8 | 40 | 35.6 | 35.5 |
Other Operating Activities | 105.4 | 0.5 | -12.3 | 40.6 | 76.9 |
Change in Accounts Receivable | -10.3 | -110.7 | -1.4 | 39.3 | -227.2 |
Change in Inventory | 4.4 | -111.8 | -35.8 | -75.2 | -105.5 |
Change in Accounts Payable | -42.5 | 18.3 | 11.4 | -18.1 | 12.2 |
Change in Income Taxes | -18 | -5.9 | 31.4 | -28.4 | -2.1 |
Change in Other Net Operating Assets | 11.7 | -0.5 | -12.4 | -2.7 | 35.2 |
Operating Cash Flow | 1,558 | 1,191 | 1,315 | 1,495 | 1,094 |
Operating Cash Flow Growth | 30.75% | -9.42% | -12.03% | 36.64% | 5.93% |
Investing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -828.9 | -669.7 | -469.7 | -824.2 | -605.1 |
Sale of Property, Plant & Equipment | 33.4 | 1.3 | 1.6 | 2.2 | 7.9 |
Cash Acquisitions | -1,804 | - | - | - | -194.9 |
Investment in Securities | 29.3 | 392.5 | -404.4 | -7.4 | -0.5 |
Other Investing Activities | -2.4 | -1.9 | -2.6 | -4.3 | -1.8 |
Investing Cash Flow | -2,573 | -277.8 | -875.1 | -833.7 | -794.4 |
Financing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | 1,494 | - | 397.1 | - | 690.2 |
Long-Term Debt Repaid | -2.2 | -401.9 | -1.9 | -1.7 | -757.7 |
Net Debt Issued (Repaid) | 1,492 | -401.9 | 395.2 | -1.7 | -67.5 |
Repurchase of Common Stock | -176.6 | -25.7 | -57.2 | -538 | -205.9 |
Common Dividends Paid | -449.6 | -448.8 | -448.9 | -420.3 | -379.8 |
Other Financing Activities | -6.3 | - | -1.1 | - | -2.4 |
Financing Cash Flow | 859.4 | -876.4 | -112 | -960 | -655.6 |
Net Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -156 | 37 | 328 | -298.7 | -355.9 |
Free Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 728.6 | 521.5 | 845.4 | 670.8 | 489 |
Free Cash Flow Growth | 39.71% | -38.31% | 26.03% | 37.18% | -20.05% |
Free Cash Flow Margin | 8.11% | 6.22% | 10.84% | 7.91% | 6.33% |
Free Cash Flow Per Share | 8.13 | 5.83 | 9.45 | 7.24 | 5.17 |
Levered Free Cash Flow | 414.59 | 402.51 | 709.79 | 459.86 | 349.64 |
Unlevered Free Cash Flow | 458.73 | 426.09 | 740.9 | 501.76 | 403.68 |
Additional Metrics
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 100.6 | 107.7 | 84.8 | 85.6 | 149.6 |
Cash Income Tax Paid | 174.4 | 269.4 | 212.3 | 277.4 | 210.5 |
Change in Working Capital | -54.7 | -210.6 | -6.8 | -85.1 | -287.4 |