PACKAGING CORP OF AMERICA (PKG) closed fiscal year 2025 with a gross margin of 21.0 % and a net margin of 8.6 %.
PACKAGING CORP OF AMERICA (PKG) closed fiscal year 2025 with a gross margin of 21.0 % and a net margin of 8.6 %. The same year shows an EBITDA margin of 19.6 % and an EBIT margin of 12.3 %. The free cash flow margin was 8.1 %. Against the previous year the gross margin moved −0.2 pp and the net margin −1.0 pp. Across the period the gross margin ranges between 20.6 % in 2020 and 24.7 % in 2022. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 20.82 % | — | 21.85 % | 20.69 % | 22.32 % | 23.67 % | 21.01 % | 21.04 % | 22.08 % | 22.82 % | 23.46 % | 23.61 % | 20.57 % | 24.23 % | 24.66 % | 21.77 % | 21.27 % | 21.02 % |
| EBITDA margin (%) | 16.50 % | 23.45 % | 14.03 % | 16.65 % | 21.39 % | 18.65 % | 18.52 % | 19.27 % | 19.75 % | 20.54 % | 21.08 % | 20.69 % | 17.03 % | 21.46 % | 22.15 % | 20.41 % | 19.41 % | 19.58 % |
| EBIT margin (%) | 10.24 % | 16.41 % | 7.61 % | 10.41 % | 15.39 % | 13.15 % | 12.01 % | 13.06 % | 13.55 % | 14.47 % | 15.22 % | 15.13 % | 10.87 % | 16.06 % | 16.76 % | 13.78 % | 13.14 % | 12.31 % |
| Net margin (%) | 5.74 % | 12.38 % | 8.43 % | 6.03 % | 5.63 % | 12.04 % | 6.71 % | 7.61 % | 7.78 % | 10.37 % | 10.52 % | 10.00 % | 6.92 % | 10.88 % | 12.15 % | 9.81 % | 9.60 % | 8.61 % |
| FCF margin (%) | 5.78 % | 8.94 % | 1.22 % | 2.49 % | 9.69 % | 10.20 % | 5.40 % | 7.91 % | 9.22 % | 7.96 % | 8.96 % | 11.60 % | 9.19 % | 6.33 % | 7.91 % | 10.84 % | 6.22 % | 8.11 % |
