Packaging (PKG) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
8.4B
Gross Profit
1.8B
21.27%
Operating Income
1.2B
13.99%
Net Income
805.1M
9.60%
EPS (Diluted)
$8.93
Balance Sheet Metrics
Total Assets
8.8B
Total Liabilities
4.4B
Shareholders Equity
4.4B
Debt to Equity
1.01
Cash Flow Metrics
Operating Cash Flow
1.2B
Free Cash Flow
521.5M
Revenue & Profitability Trend
Packaging Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 8.4B | 7.8B | 8.5B | 7.7B | 6.7B |
| Cost of Goods Sold | 6.6B | 6.1B | 6.4B | 5.9B | 5.3B |
| Gross Profit | 1.8B | 1.7B | 2.1B | 1.9B | 1.4B |
| Operating Expenses | 610.3M | 580.9M | 608.6M | 576.8M | 539.6M |
| Operating Income | 1.2B | 1.1B | 1.5B | 1.3B | 829.8M |
| Pre-tax Income | 1.1B | 1.0B | 1.4B | 1.1B | 632.7M |
| Income Tax | 259.3M | 248.9M | 335.0M | 267.6M | 171.7M |
| Net Income | 805.1M | 765.2M | 1.0B | 841.1M | 461.0M |
| EPS (Diluted) | $8.93 | $8.48 | $11.03 | $8.83 | $4.84 |
Income Statement Trend
Packaging Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 3.2B | 3.3B | 2.5B | 2.7B | 2.8B |
| Non-Current Assets | 5.6B | 5.4B | 5.5B | 5.1B | 4.7B |
| Total Assets | 8.8B | 8.7B | 8.0B | 7.8B | 7.4B |
| Liabilities | |||||
| Current Liabilities | 1.0B | 1.3B | 875.5M | 884.8M | 782.6M |
| Non-Current Liabilities | 3.4B | 3.4B | 3.5B | 3.3B | 3.4B |
| Total Liabilities | 4.4B | 4.7B | 4.3B | 4.2B | 4.2B |
| Equity | |||||
| Total Shareholders Equity | 4.4B | 4.0B | 3.7B | 3.6B | 3.2B |
Balance Sheet Composition
Packaging Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 805.1M | 765.2M | 1.0B | 841.1M | 461.0M |
| Operating Cash Flow | 1.2B | 1.3B | 1.5B | 1.0B | 1.0B |
| Investing Activities | |||||
| Capital Expenditures | -669.7M | -469.7M | -824.2M | -605.1M | -421.2M |
| Investing Cash Flow | -277.8M | -875.1M | -833.7M | -794.4M | -426.1M |
| Financing Activities | |||||
| Dividends Paid | -448.8M | -448.9M | -420.3M | -379.8M | -299.6M |
| Financing Cash Flow | -876.4M | -110.9M | -960.0M | -655.6M | -322.1M |
| Free Cash Flow | 521.5M | 845.4M | 670.8M | 489.0M | 611.6M |
Cash Flow Trend
Packaging Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
19.72
Forward P/E
16.79
Price to Book
3.74
Price to Sales
1.99
PEG Ratio
16.79
Profitability Ratios
Profit Margin
10.09%
Operating Margin
13.77%
Return on Equity
20.21%
Return on Assets
8.68%
Financial Health
Current Ratio
3.28
Debt to Equity
62.29
Beta
0.86
Per Share Data
EPS (TTM)
$9.57
Book Value per Share
$50.39
Revenue per Share
$95.85
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| pkg | 17.0B | 19.72 | 3.74 | 20.21% | 10.09% | 62.29 |
| International Paper | 24.6B | 39.85 | 1.36 | 3.01% | 1.99% | 57.09 |
| Smurfit WestRock plc | 23.0B | 53.65 | 1.28 | 4.23% | 1.98% | 79.49 |
| Amcor plc | 20.8B | 16.20 | 3.40 | 20.80% | 5.99% | 241.41 |
| Ball | 15.6B | 31.95 | 2.86 | 8.22% | 4.18% | 126.81 |
| Avery Dennison | 14.0B | 20.64 | 6.49 | 31.95% | 7.98% | 159.37 |
Financial data is updated regularly. All figures are in the company's reporting currency.