Packaging Corporation of America (PKG) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 2.37B | 2.36B | 2.31B | 2.17B | 2.14B | 2.15B | 2.18B | 2.08B | 1.98B | 1.94B | 1.94B | 1.95B |
| Revenue Growth % | 10.59% | 10.13% | 6% | 4.63% | 8.16% | 10.74% | 12.73% | 6.31% | 0.16% | -2.05% | -8.93% | -12.75% |
| Cost of Goods Sold | 1.91B | 1.92B | 1.81B | 1.69B | 1.69B | 1.68B | 1.68B | 1.64B | 1.61B | 1.53B | 1.52B | 1.51B |
| COGS % of Revenue | 80.87% | 81.07% | 78.2% | 77.76% | 78.76% | 78.11% | 76.85% | 78.91% | 81.29% | 78.84% | 78.68% | 77.22% |
| Gross Profit | 452.9M | 447.5M | 504.3M | 483M | 454.7M | 469.7M | 505.2M | 437.7M | 370.4M | 410.1M | 412.7M | 444.7M |
| Gross Margin % | 19.13% | 18.93% | 21.8% | 22.24% | 21.24% | 21.89% | 23.15% | 21.09% | 18.71% | 21.16% | 21.32% | 22.78% |
| Gross Profit Growth % | -0.4% | -4.73% | -0.18% | 10.35% | 22.76% | 14.53% | 22.41% | -1.57% | -14.14% | -5.44% | -20.39% | -24.47% |
| Operating Expenses | 180.3M | 165.3M | 179.8M | 149.3M | 174.4M | 167.5M | 178.1M | 161.7M | 174.4M | 148.6M | 154.1M | 160.3M |
| OpEx % of Revenue | 7.61% | 6.99% | 7.77% | 6.88% | 8.15% | 7.8% | 8.16% | 7.79% | 8.81% | 7.67% | 7.96% | 8.21% |
| Selling, General & Admin | 180.3M | 165.3M | 154.3M | 153.2M | 161.4M | 147M | 162M | 149.5M | 151.9M | 142.8M | 144.2M | 147.6M |
| SG&A % of Revenue | 7.61% | 6.99% | 6.67% | 7.06% | 7.54% | 6.85% | 7.42% | 7.2% | 7.67% | 7.37% | 7.45% | 7.56% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 272.6M | 282.2M | 324.5M | 333.7M | 280.3M | 302.2M | 327.1M | 276M | 196M | 261.5M | 258.6M | 284.4M |
| Operating Margin % | 11.51% | 11.94% | 14.03% | 15.37% | 13.09% | 14.08% | 14.99% | 13.3% | 9.9% | 13.49% | 13.36% | 14.57% |
| Operating Income Growth % | -2.75% | -6.62% | -0.79% | 20.91% | 43.01% | 15.56% | 26.49% | -2.95% | -27.6% | -9.2% | -30.16% | -33.98% |
| EBITDA | 497.8M | 503.8M | 477.1M | 474.3M | 418.3M | 438.2M | 459.8M | 404.5M | 324.4M | 392.4M | 388M | 412.3M |
| EBITDA Margin % | 21.02% | 21.31% | 20.62% | 21.84% | 19.54% | 20.42% | 21.07% | 19.49% | 16.39% | 20.25% | 20.04% | 21.12% |
| EBITDA Growth % | 19.01% | 14.97% | 3.76% | 17.26% | 28.95% | 11.67% | 18.51% | -1.89% | -18.94% | -3.54% | -19.88% | -24.36% |
| D&A (Non-Cash Add-back) | 225.2M | 221.6M | 152.6M | 140.6M | 138M | 136M | 132.7M | 128.5M | 128.4M | 130.9M | 129.4M | 127.9M |
| EBIT | 252.4M | 168.4M | 362.8M | 333.7M | 280.3M | 303.3M | 328.3M | 277.1M | 197.1M | 259.6M | 256.8M | 282.4M |
| Net Interest Income | -32.6M | -33.8M | -19.3M | -13.1M | -12.9M | -11.7M | -9.7M | -10.4M | -9.6M | -11.1M | -12.3M | -14.6M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 32.6M | 33.8M | 19.3M | 13.1M | 12.9M | 11.7M | 9.7M | 10.4M | 9.6M | 11.1M | 12.3M | 14.6M |
| Other Income/Expense | -52.8M | -147.6M | -19.3M | -13.1M | -12.9M | -10.6M | -8.5M | -9.3M | -8.5M | -13M | -14.1M | -16.6M |
| Pretax Income | 219.8M | 134.6M | 305.2M | 320.6M | 267.4M | 291.6M | 318.6M | 266.7M | 187.5M | 248.5M | 244.5M | 267.8M |
| Pretax Margin % | 9.28% | 5.69% | 13.19% | 14.77% | 12.49% | 13.59% | 14.6% | 12.85% | 9.47% | 12.82% | 12.63% | 13.72% |
| Income Tax | 48.9M | 32.8M | 78.3M | 79.1M | 63.6M | 70.5M | 80.5M | 67.8M | 40.6M | 59.3M | 61.3M | 65.1M |
| Effective Tax Rate % | 22.25% | 24.37% | 25.66% | 24.67% | 23.78% | 24.18% | 25.27% | 25.42% | 21.65% | 23.86% | 25.07% | 24.31% |
| Net Income | 170.9M | 101.1M | 226.9M | 241.5M | 203.8M | 221.1M | 238.1M | 198.9M | 146.9M | 189.2M | 183.2M | 202.7M |
| Net Margin % | 7.22% | 4.28% | 9.81% | 11.12% | 9.52% | 10.3% | 10.91% | 9.58% | 7.42% | 9.76% | 9.46% | 10.38% |
| Net Income Growth % | -16.14% | -54.27% | -4.7% | 21.42% | 38.73% | 16.86% | 29.97% | -1.87% | -22.72% | -10.59% | -30.21% | -32.77% |
| Net Income (Continuing) | 170.9M | 101.8M | 226.9M | 241.5M | 203.8M | 221.1M | 238.1M | 198.9M | 146.9M | 189.2M | 183.2M | 202.7M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.91 | 1.13 | 2.51 | 2.67 | 2.26 | 2.45 | 2.64 | 2.20 | 1.63 | 2.10 | 2.03 | 2.24 |
| EPS Growth % | -15.49% | -53.88% | -4.92% | 21.36% | 38.65% | 16.67% | 30.05% | -1.79% | -22.75% | -9.87% | -27.5% | -30% |
| EPS (Basic) | 1.92 | 1.13 | 2.52 | 2.68 | 2.27 | 2.46 | 2.65 | 2.20 | 1.63 | 2.10 | 2.04 | 2.25 |
| Diluted Shares Outstanding | 89.1M | 89.6M | 90.4M | 89.7M | 89.6M | 89.5M | 89.5M | 89.57M | 89.4M | 89.63M | 89.5M | 89.5M |
| Basic Shares Outstanding | 88.44M | 90.04M | 90.04M | 89.6M | 89.6M | 89.1M | 89.1M | 89.57M | 89.4M | 89.63M | 89.1M | 89.1M |
| Dividend Payout Ratio | 65.48% | 111.28% | 49.54% | 46.54% | 55.1% | 50.79% | 47.17% | 56.41% | 76.24% | 59.2% | 61.35% | 55.45% |