Packaging Corporation of America (PKG) 10-K Summary — Year Ended Dec 31, 2024
Packaging Corporation of America produces packaging and paper products. Revenue increased in the most recent period after a decline the year before, and operating cash flow remained strong.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
Packaging Corporation of America produces packaging and paper products. Revenue increased in the most recent period after a decline the year before, and operating cash flow remained strong.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$8.4B
Revenue reported for the fiscal year.
Operating income
$1.1B
Income from operations reported for the year.
Net income
$805.1M
Net income reported for the year.
Operating cash flow
$1.2B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $7.7B | n/a |
| Dec 31, 2022 | $8.5B | +9.7% |
| Dec 31, 2023 | $7.8B | -8.0% |
| Dec 31, 2024 | $8.4B | +7.4% |
Business overview
The company operates in packaging and paper segments, as described in its filing. It also discusses human capital and regulatory and environmental matters.
Financial performance
Revenue grew in the most recent year after falling in the prior year. Operating income and net income were positive, and cash from operations was solid.
Material risks
The filing identifies risks common to the industry, including economic conditions, input cost volatility, and environmental regulations. These factors could affect the company's results.
Liquidity and capital
The company generates cash from operations to fund its activities and has commitments disclosed in the filing.
What to watch
A key item to monitor in the next filing is the revenue trend, given its recent changes.