Packaging Corporation of America (PKG) quarterly balance sheet — complete assets, liabilities & equity history
Packaging Corporation of America (PKG) balance sheet — 28-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 3.57B | 3.42B | 3.26B | 3.21B | 3.5B | 3.34B | 3.3B | 3.23B | 3.24B | 3.48B | 3.45B | 3.25B | 2.77B | 2.67B | 2.59B | 2.51B | 2.91B | 2.99B | 2.87B | 2.73B |
| Cash & Short-Term Investments | 684.9M | 593.8M | 543.7M | 600.8M | 728.7M | 880.3M | 843.1M | 787M | 771.6M | 1.1B | 1.18B | 1.14B | 677.2M | 579M | 463.3M | 405.2M | 726.4M | 749.6M | 709.9M | 704.8M |
| Cash Only | 534.6M | 442.8M | 397.1M | 529M | 634M | 787.9M | 751.7M | 685M | 676.6M | 613.6M | 692.4M | 648M | 573.2M | 477.1M | 367.7M | 320M | 648.7M | 667.3M | 628.6M | 618.7M |
| Short-Term Investments | 150.3M | 151M | 146.6M | 71.8M | 94.7M | 92.4M | 91.4M | 102M | 95M | 490.8M | 492.3M | 493.5M | 104M | 101.9M | 95.6M | 85.2M | 77.7M | 82.3M | 81.3M | 86.1M |
| Accounts Receivable | 1.48B | 1.43B | 1.35B | 1.28B | 1.41B | 1.21B | 1.16B | 1.15B | 1.22B | 1.15B | 1.05B | 1.04B | 1.05B | 1.02B | 1.03B | 1.07B | 1.12B | 1.21B | 1.14B | 1.08B |
| Days Sales Outstanding | 51.56 | 50.87 | 50.08 | 52.44 | 52.02 | 49.66 | 48.73 | 50.81 | 49.78 | 48.03 | 47.87 | 49.44 | 49.16 | 47.91 | 47.79 | 50.84 | 50.44 | 47.85 | 46.74 | 48.55 |
| Inventory | 1.31B | 1.26B | 1.26B | 1.24B | 1.28B | 1.14B | 1.14B | 1.12B | 1.06B | 1.03B | 1B | 1.01B | 986.1M | 992.2M | 1B | 977.3M | 994.9M | 954.2M | 941.2M | 902.5M |
| Days Inventory Outstanding | 59.22 | 58 | 58.79 | 60.51 | 61.58 | 61.59 | 60.46 | 60.01 | 57.36 | 56.49 | 57.03 | 60.19 | 59.74 | 60.24 | 57.69 | 58.73 | 55.78 | 52.31 | 51.75 | 53.48 |
| Other Current Assets | 93.1M | 30.3M | 119.6M | 85.8M | 81.1M | 105.7M | 154.7M | 166.9M | 191.8M | 204.5M | 211.7M | 62.3M | 64.8M | 75.5M | 87.3M | 58.3M | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 7.67B | 7.59B | 7.52B | 7.71B | 7.48B | 5.7B | 5.67B | 5.6B | 5.51B | 5.5B | 5.41B | 5.43B | 5.4B | 5.44B | 5.46B | 5.5B | 5.44B | 5.35B | 5.27B | 5.1B |
| Property, Plant & Equipment | 5.51B | 5.42B | 5.37B | 5.36B | 5.41B | 4.43B | 4.39B | 4.32B | 4.24B | 4.23B | 4.13B | 4.14B | 4.14B | 4.17B | 4.19B | 4.2B | 4.1B | 4.04B | 3.94B | 3.77B |
| Fixed Asset Turnover | 0.48x | 0.46x | 0.44x | 0.44x | 0.47x | 0.49x | 0.49x | 0.50x | 0.52x | 0.50x | 0.48x | 0.47x | 0.47x | 0.47x | 0.47x | 0.48x | 0.52x | 0.56x | 0.55x | 0.56x |
| Goodwill | 1.42B | 1.42B | 1.38B | 1.37B | 1.2B | 922.4M | 922.4M | 922.4M | 922.4M | 922.4M | 922.4M | 922.4M | 922.4M | 922.4M | 922.4M | 922.4M | 922.4M | 922.5M | 923.1M | 923.5M |
| Intangible Assets | 547.2M | 565.6M | 583.9M | 602.3M | 690.6M | 173.1M | 182.5M | 191.9M | 201.3M | 210.7M | 220.1M | 229.6M | 239.2M | 248.7M | 258.3M | 267.9M | 277.4M | 287.3M | 298.2M | 308.4M |
| Long-Term Investments | 76.9M | 73M | 71.8M | 67M | 77.7M | 75.6M | 71.3M | 65.2M | 69.7M | 68.4M | 68.5M | 64.1M | 49.3M | 50.6M | 56.9M | 64.9M | 67.1M | 61.2M | 68.5M | 60M |
| Other Non-Current Assets | 110M | 112.1M | 109.8M | 109.1M | 102.2M | 103.2M | 104.7M | 104.8M | 76.4M | 68.4M | 67M | 67.2M | 51M | 41.3M | 40.8M | 42M | 70M | 42.5M | 43.5M | 44.9M |
| Total Assets | 11.24B | 11.02B | 10.78B | 10.92B | 10.98B | 9.04B | 8.97B | 8.83B | 8.75B | 8.98B | 8.86B | 8.68B | 8.18B | 8.11B | 8.05B | 8B | 8.34B | 8.34B | 8.14B | 7.84B |
| Asset Turnover | 0.23x | 0.23x | 0.22x | 0.22x | 0.23x | 0.24x | 0.24x | 0.24x | 0.25x | 0.23x | 0.23x | 0.23x | 0.24x | 0.24x | 0.25x | 0.24x | 0.25x | 0.27x | 0.27x | 0.25x |
| Asset Growth % | 2.34% | 21.84% | 20.16% | 23.68% | 25.43% | 0.66% | 1.27% | 1.75% | 7.05% | 10.8% | 10.04% | 8.46% | -2% | -2.81% | -1.09% | 2.13% | -3.32% | 8.69% | 7.8% | 5.43% |
| Total Current Liabilities | 1.24B | 1.16B | 1.06B | 1.02B | 1.11B | 943M | 1.01B | 1B | 1.1B | 1.43B | 1.4B | 1.27B | 1.28B | 797.7M | 828.9M | 875.5M | 963.4M | 972.9M | 967.9M | 884.8M |
| Accounts Payable | 637.9M | 616.9M | 457.2M | 421M | 554.2M | 490.7M | 480.9M | 430.3M | 459.9M | 474.5M | 449.6M | 402.4M | 405.9M | 365.8M | 410.5M | 410.4M | 485.3M | 528.2M | 546.7M | 452.4M |
| Days Payables Outstanding | 28.89 | 24.72 | 20.64 | 23.41 | 26.57 | 26.18 | 24.32 | 24.43 | 25.63 | 25.68 | 24.09 | 24.34 | 23.3 | 23.43 | 23.91 | 26.67 | 29 | 29.67 | 28.04 | 28.55 |
| Short-Term Debt | 0 | 0 | 104.4M | 102.1M | 0 | 0 | 0 | 0 | 0 | 399.9M | 399.8M | 399.6M | 399.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 145.3M | 200.1M | 325.7M | 272.6M | 215.1M | 171M | 197.7M | 300.4M | 190.9M | 155.9M | 121M | 187.8M | 172.7M | 150.7M | 119.7M | 191.7M | 178.1M | 160.4M | 120.5M | 190.7M |
| Current Ratio | 2.87x | 2.94x | 3.07x | 3.17x | 3.16x | 3.54x | 3.28x | 3.23x | 2.95x | 2.43x | 2.46x | 2.57x | 2.17x | 3.35x | 3.12x | 2.86x | 3.02x | 3.07x | 2.96x | 3.09x |
| Quick Ratio | 1.82x | 1.86x | 1.88x | 1.94x | 2.00x | 2.32x | 2.15x | 2.10x | 1.98x | 1.71x | 1.74x | 1.77x | 1.40x | 2.10x | 1.91x | 1.75x | 1.99x | 2.09x | 1.99x | 2.07x |
| Cash Conversion Cycle | 81.9 | 84.16 | 88.23 | 89.53 | 87.04 | 85.07 | 84.87 | 86.38 | 81.51 | 78.84 | 80.8 | 85.29 | 85.6 | 84.71 | 81.57 | 82.89 | 77.21 | 70.49 | 70.45 | 73.48 |
| Total Non-Current Liabilities | 5.19B | 5.19B | 5.13B | 5.31B | 5.12B | 3.47B | 3.46B | 3.43B | 3.39B | 3.42B | 3.43B | 3.42B | 3.01B | 3.46B | 3.46B | 3.46B | 3.41B | 3.4B | 3.39B | 3.34B |
| Long-Term Debt | 3.97B | 3.97B | 3.97B | 3.97B | 3.97B | 2.48B | 2.47B | 2.47B | 2.47B | 2.47B | 2.47B | 2.47B | 2.08B | 2.47B | 2.47B | 2.47B | 2.47B | 2.47B | 2.47B | 2.47B |
| Capital Lease Obligations | 327.8M | 328.6M | 294.4M | 295.5M | 292.3M | 246.7M | 241.5M | 214.7M | 196.6M | 204.8M | 209M | 220.8M | 222.3M | 231.7M | 235.4M | 245.4M | 232.7M | 222.6M | 214.8M | 192M |
| Deferred Tax Liabilities | 669.4M | 681.3M | 677.6M | 859.2M | 671.8M | 564.9M | 570.8M | 561.9M | 540.5M | 552.1M | 566.5M | 558M | 536.8M | 538.6M | 546.2M | 543M | 513.7M | 495.1M | 488.8M | 465.9M |
| Other Non-Current Liabilities | 220.1M | 210.9M | 189.1M | 189.5M | 186.5M | 179.3M | 175.9M | 176.8M | 178.9M | 193.9M | 177.5M | 167.1M | 176.7M | 215.2M | 206.7M | 199.2M | 190.3M | 212.9M | 215M | 215.4M |
| Total Liabilities | 6.43B | 6.35B | 6.19B | 6.33B | 6.22B | 4.41B | 4.47B | 4.43B | 4.49B | 4.86B | 4.83B | 4.68B | 4.29B | 4.26B | 4.29B | 4.34B | 4.37B | 4.38B | 4.36B | 4.23B |
| Total Debt | 4.41B | 4.4B | 4.37B | 4.36B | 4.36B | 2.81B | 2.8B | 2.77B | 2.75B | 3.16B | 3.16B | 3.17B | 2.78B | 2.78B | 2.78B | 2.79B | 2.78B | 2.77B | 2.76B | 2.73B |
| Net Debt | 3.87B | 3.96B | 3.97B | 3.84B | 3.72B | 2.02B | 2.05B | 2.09B | 2.08B | 2.55B | 2.47B | 2.53B | 2.2B | 2.31B | 2.42B | 2.47B | 2.13B | 2.1B | 2.13B | 2.11B |
| Debt / Equity | 0.92x | 0.94x | 0.95x | 0.95x | 0.92x | 0.61x | 0.62x | 0.63x | 0.65x | 0.77x | 0.78x | 0.79x | 0.71x | 0.72x | 0.74x | 0.76x | 0.70x | 0.70x | 0.73x | 0.76x |
| Debt / EBITDA | 7.31x | 8.64x | 8.77x | 8.66x | 9.13x | 5.93x | 6.70x | 6.32x | 5.99x | 7.81x | 9.75x | 8.09x | 7.16x | 6.75x | 6.96x | 6.87x | 5.74x | 5.07x | 5.75x | 5.77x |
| Net Debt / EBITDA | 6.43x | 7.78x | 7.97x | 7.61x | 7.80x | 4.27x | 4.90x | 4.76x | 4.52x | 6.30x | 7.61x | 6.44x | 5.68x | 5.59x | 6.04x | 6.08x | 4.40x | 3.85x | 4.44x | 4.47x |
| Interest Coverage | 13.04x | 8.78x | 7.74x | 4.98x | 18.80x | 25.47x | 21.73x | 25.92x | 33.85x | 26.64x | 20.53x | 23.39x | 20.88x | 19.34x | 17.45x | 19.31x | 22.05x | 22.31x | 18.19x | 4.50x |
| Total Equity | 4.81B | 4.66B | 4.59B | 4.6B | 4.76B | 4.63B | 4.5B | 4.4B | 4.26B | 4.13B | 4.03B | 4B | 3.89B | 3.85B | 3.76B | 3.67B | 3.97B | 3.96B | 3.78B | 3.61B |
| Equity Growth % | 1.05% | 0.64% | 1.97% | 4.41% | 11.54% | 12.25% | 11.62% | 10.17% | 9.68% | 7.22% | 7.27% | 9% | -2.12% | -2.92% | -0.57% | 1.66% | 10.06% | 15.1% | 13.45% | 11.12% |
| Book Value per Share | 53.99 | 52.38 | 51.49 | 51.32 | 52.61 | 51.64 | 50.21 | 49.21 | 47.64 | 46.07 | 45.09 | 44.60 | 43.43 | 43.00 | 42.03 | 40.34 | 42.61 | 42.45 | 40.51 | 38.15 |
| Total Shareholders' Equity | 4.81B | 4.66B | 4.59B | 4.6B | 4.76B | 4.63B | 4.5B | 4.4B | 4.26B | 4.13B | 4.03B | 4B | 3.89B | 3.85B | 3.76B | 3.67B | 3.97B | 3.96B | 3.78B | 3.61B |
| Common Stock | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K |
| Retained Earnings | 4.09B | 3.96B | 3.91B | 3.93B | 4.09B | 3.97B | 3.85B | 3.78B | 3.67B | 3.54B | 3.46B | 3.45B | 3.37B | 3.34B | 3.26B | 3.19B | 3.44B | 3.44B | 3.26B | 3.1B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -39.7M | -40.2M | -41M | -41.6M | -40.4M | -41.4M | -42.3M | -43.4M | -67M | -69M | -70M | -70.9M | -96.7M | -98.7M | -100.3M | -102.4M | -73.8M | -74.4M | -75.2M | -75.2M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |