Packaging Corporation of America (PKG)

PKG Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	751.7	685	648	320	618.7	974.6
Short-Term Investments	91.4	102	493.5	85.2	86.1	105.6
Cash & Short-Term Investments	843.1	787	1,142	405.2	704.8	1,080
Cash Growth	-28.83%	-31.06%	181.71%	-42.51%	-34.75%	40.76%
Accounts Receivable	1,164	1,144	1,033	1,032	1,071	832.4
Other Receivables	-	10.2	4.3	35.7	7.4	5.1
Receivables	1,164	1,154	1,038	1,068	1,078	837.5
Inventory	1,141	1,125	1,013	977.3	902.5	787.9
Prepaid Expenses	154.7	166.9	62.3	58.3	47	44.7
Total Current Assets	3,303	3,233	3,254	2,508	2,733	2,750
Property, Plant & Equipment	4,386	4,316	4,143	4,198	3,767	3,428
Long-Term Investments	71.3	65.2	64.1	64.9	60	42.7
Goodwill	922.4	922.4	922.4	922.4	923.5	863.5
Other Intangible Assets	182.5	192.9	231.5	270.9	311.7	300.7
Long-Term Deferred Charges	-	23.1	22.7	22.4	21	20.3
Other Long-Term Assets	104.7	80.7	42.6	16.6	20.6	28.1
Total Assets	8,970	8,833	8,681	8,004	7,837	7,433
Accounts Payable	480.9	430.3	402.4	410.4	452.4	387
Accrued Expenses	235.8	276.2	267.2	275.5	267.3	228.1
Current Portion of Long-Term Debt	-	-	399.6	-	-	-
Current Portion of Leases	86.3	82.6	80.6	74.1	68.8	70.5
Other Current Liabilities	175.2	212.5	115.9	115.5	96.3	97
Total Current Liabilities	1,008	1,002	1,266	875.5	884.8	782.6
Long-Term Debt	2,475	2,474	2,472	2,474	2,472	2,479
Long-Term Leases	241.5	214.7	220.8	245.4	192	188
Long-Term Deferred Tax Liabilities	570.8	561.9	558	543	465.9	379.4
Other Long-Term Liabilities	175.9	121.3	91.8	80.3	83.2	81.3
Total Liabilities	4,471	4,429	4,684	4,337	4,230	4,187
Common Stock	0.9	0.9	0.9	0.9	0.9	0.9
Additional Paid-In Capital	687.8	669.8	620.1	581.8	579.4	554.4
Retained Earnings	3,853	3,777	3,447	3,187	3,102	2,836
Comprehensive Income & Other	-42.3	-43.4	-70.9	-102.4	-75.2	-144.5
Shareholders' Equity	4,499	4,404	3,997	3,667	3,607	3,246
Total Liabilities & Equity	8,970	8,833	8,681	8,004	7,837	7,433
Total Debt	2,803	2,772	3,173	2,793	2,732	2,738
Net Cash (Debt)	-1,888	-1,919	-1,968	-2,323	-1,968	-1,615
Net Cash Per Share	-21.08	-21.44	-21.98	-25.06	-20.82	-17.11
Filing Date Shares Outstanding	89.34	89.17	88.95	89.04	92.88	94.16
Total Common Shares Outstanding	89.29	89.17	88.95	89.04	92.89	94.13
Working Capital	2,295	2,231	1,989	1,633	1,848	1,968
Book Value Per Share	50.39	49.39	44.94	41.18	38.83	34.49
Tangible Book Value	3,394	3,289	2,843	2,474	2,372	2,082
Tangible Book Value Per Share	38.01	36.88	31.97	27.78	25.54	22.12
Land	215.8	203.4	197.8	192.4	189.8	179.6
Buildings	1,222	1,140	1,090	1,023	938.4	858.2
Machinery	7,515	7,340	6,978	6,681	6,131	5,798
Construction In Progress	287.5	397.2	335.8	440.2	481	360

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q