Packaging Corporation of America (PKG) Revenue — Quarter Ended Sep 30, 2024
Revenue for the current quarter increased compared to both the immediately preceding period and the same period one year ago, continuing an upward trajectory.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the current quarter increased compared to both the immediately preceding period and the same period one year ago, continuing an upward trajectory.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.2B
Revenue reported for this quarter.
Quarter-over-quarter
+5.2%
Change from the immediately preceding quarter.
Year-over-year
+12.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $1.9B | -2.0% |
| Mar 31, 2024 | $2B | +0.2% |
| Jun 30, 2024 | $2.1B | +6.3% |
| Sep 30, 2024 | $2.2B | +12.7% |
Revenue performance
The company delivered sequential revenue growth and a substantial year-over-year gain, reflecting sustained operational momentum.
Quarterly comparison
Compared with the prior quarter, revenue improved, and the year-over-year increase was notably larger, accelerating from the prior-year pace.
What to watch
Watch whether the company can maintain its revenue growth trajectory while addressing the year-to-date decline in operating cash flow.