5Y Historicals for Packaging Corporation of America (PKA)

5Y Historical Financials

Stock Price

178.85 EUR


Key Metrics	Latest
Total Revenue	8.383 B
Adjusted EBITDA	1.678 B
EBITDA Margin	20.0%
Net Profit Margin	10.1%
Total Assets	8.833 B
Total Debt	2.772 B

5Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	12 Months	Dec-23	Dec-24

Revenue	6,658.20	7,730.30	8,478.00	7,802.40	8,383.30	8,383.30	7,802.40	8,383.30
% Growth		0.16	0.10	(0.08)	0.07			0.07

Adjusted EBITDA	1,223.70	1,712.20	1,933.60	1,623.20	1,678.00	1,678.00	1,623.20	1,678.00
% Margin	0.18	0.22	0.23	0.21	0.20	0.20	0.21	0.20

Adjusted EBIT	827.00	1,303.00	1,486.50	1,123.80	1,157.10	1,157.10	1,123.80	1,157.10
% Margin	0.12	0.17	0.18	0.14	0.14	0.14	0.14	0.14

Adjusted Net Income	535.59	915.69	1,067.76	806.94	843.06	843.06	806.94	843.06
% Margin	0.08	0.12	0.13	0.10	0.10	0.10	0.10	0.10

Adjusted Basic EPS	5.69	9.73	11.57	9.06	9.46	9.46	9.06	9.46

Supporting Calculations

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
						Original
USD	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-24	Dec-23	Dec-24
	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM	YTD-1	YTD

Revenue	6,658	7,730	8,478	7,802	8,383	8,383	7,802	8,383
% Growth	NA	16.1%	9.7%	-8.0%	7.4%			7.4%

Cost of Revenue	(5,289)	(5,857)	(6,387)	(6,089)	(6,597)	(6,597)	(6,089)	(6,597)
Gross Profit	1,369	1,873	2,091	1,714	1,786	1,786	1,714	1,786
% Revenue	20.6%	24.2%	24.7%	22.0%	21.3%	21.3%	22.0%	21.3%

Research and Development	0	0	0	0	0	0	0	0
Selling and Marketing	0	0	0	0	0	0	0	0
General and Admin	(537)	(557)	(594)	(589)	(606)	(606)	(589)	(606)
Other Inc / (Exp)	(106)	(114)	(61)	(58)	(74)	(74)	(58)	(74)
Total Operating Exp	(643)	(671)	(655)	(647)	(680)	(680)	(647)	(680)

Operating Income	726	1,202	1,435	1,067	1,106	1,106	1,067	1,106
% Revenue	10.9%	15.6%	16.9%	13.7%	13.2%	13.2%	13.7%	13.2%

Interest Expense	(94)	(94)	(70)	(53)	(41)	(41)	(53)	(41)
Pre-tax Income	633	1,109	1,365	1,014	1,064	1,064	1,014	1,064
Earnings of Discontinued Ops.	0	0	0	0	0	0	0	0
Provision for Taxes	(172)	(268)	(335)	(249)	(259)	(259)	(249)	(259)
Net Income to Company	461	841	1,030	765	805	805	765	805
% Margin	6.9%	10.9%	12.1%	9.8%	9.6%	9.6%	9.8%	9.6%

Minority Interest in Earnings	0	0	0	0	0	0	0	0
Net Income to Stockholders	461	841	1,030	765	805	805	765	805

Preferred Dividends	0	0	0	0	0	0	0	0
Other Adj.	(4)	(6)	(8)	(6)	(6)	(6)	(6)	(6)

Net Income to Common	457	835	1,022	759	800	800	759	800
% Margin	6.9%	10.8%	12.1%	9.7%	9.5%	9.5%	9.7%	9.5%

As Reported
Basic EPS (Continuing Ops)	4.86	8.87	11.07	8.52	8.97	8.97	8.52	8.97
Diluted EPS (Continuing Ops)	4.84	8.83	11.03	8.48	8.93	8.93	8.48	8.93

WA Basic Shares Out.	94.10	94.10	92.30	89.10	89.10	89.10	89.10	89.10
WA Diluted Shares Out.	94.40	94.50	92.70	89.50	89.50	89.50	89.50	89.50

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	633	1,109	1,365	1,014	1,064	1,064	1,014	1,064
Addback: Net Interest Expense	94	94	70	53	41	41	53	41
Addback: Other Non Operating Expenses, Total	0	0	0	0	0	0	0	0
Addback: Depreciation & Amortization	397	409	447	499	521	521	499	521
Addback: Restructuring Charges	19	2	7	25	12	12	25	12
Addback: Merger / Acquisition Expenses	0	1	0	0	0	0	0	0
Addback: Goodwill Impairment	55	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Assets	7	6	15	9	20	20	9	20
Addback: Asset Writedown	20	33	29	23	20	20	23	20
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	(95)	(95)	0	(95)
Addback: Legal Settlements	0	0	0	0	95	95	0	95
Addback: Other Unusual Items	0	59	0	0	0	0	0	0
Adjusted EBITDA	1,224	1,712	1,934	1,623	1,678	1,678	1,623	1,678
% Margin	18.4%	22.1%	22.8%	20.8%	20.0%	20.0%	20.8%	20.0%

Adjusted EBIT	827	1,303	1,487	1,124	1,157	1,157	1,124	1,157
% Margin	12.4%	16.9%	17.5%	14.4%	13.8%	13.8%	14.4%	13.8%

Adjusted Net Income Reconciliation
Net Income to Company	461	841	1,030	765	805	805	765	805
Addback: Unusual Items	101	101	51	56	51	51	56	51
Less: Tax Benefit of Unusual Items (26%)	(26)	(26)	(13)	(15)	(13)	(13)	(15)	(13)
Adjusted Net Income	536	916	1,068	807	843	843	807	843
% Margin	8.0%	11.8%	12.6%	10.3%	10.1%	10.1%	10.3%	10.1%

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5Y Historical Financials