Packaging Corp Of America (PKG) Gross Margin (2009 - 2026)
Packaging Corp Of America (PKG) posted quarterly Gross Margin of 19.13% for Q1 2026, down 211.0% year-over-year from 17.23% in Q1 2025, and up 1.03% quarter-over-quarter from 18.93% in Q4 2025.
Packaging Corp Of America (PKG) Gross Margin (2009 - 2026) Analysis & Trends
Packaging Corp Of America (PKG) has reported Gross Margin for 18 consecutive years, with 19.13% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 211.0% year-over-year to 19.13%; the TTM figure through Mar 2026 stood at 20.48% (down 137.0% YoY), while the FY2025 annual figure was 21.02%, down 25.0% from the prior year.
- Gross Margin improved to 19.13% in Q1 2026 per PKG's latest filing, from 18.93% in the prior quarter.
- Across five years, Gross Margin topped out at 26.32% in Q2 2022 and bottomed at 18.71% in Q1 2024.
- Historically, Gross Margin has averaged 21.98% across 5 years, with a median of 21.83% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin soared 262 bps — and 2023, when it sank 354 bps.
- Packaging Corp Of America's Gross Margin stood at 22.76% in 2022, then dropped by 7 bps to 21.16% in 2023, then rose by 3 bps to 21.89% in 2024, then slipped by 13 bps to 18.93% in 2025, then grew by 1 bps to 19.13% in 2026.
- Business Quant data shows PKG's Gross Margin at 19.13% in Q1 2026, 18.93% in Q4 2025, and 21.8% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.81 Bn | 25.13 Bn | 1.40 Bn | 17.42% |
| 2 | Amcor | 22.42 Bn | 21.31 Bn | 1.34 Bn | 20.90% |
| 3 | Packaging Corp Of America | 22.38 Bn | 21.79 Bn | 512.50 Mn | 20.58% |
| 4 | International Paper | 21.94 Bn | 21.21 Bn | 1.66 Bn | 27.65% |
| 5 | Ball | 16.88 Bn | 16.21 Bn | 697.00 Mn | 17.44% |
| 6 | Avery Dennison | 14.10 Bn | 13.87 Bn | 729.40 Mn | 29.62% |
| 7 | Crown Holdings | 12.97 Bn | 12.32 Bn | 748.00 Mn | 20.39% |
| 8 | Sonoco Products | 5.89 Bn | 5.72 Bn | 392.38 Mn | 20.81% |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.30 Bn | 245.00 Mn | 25.95% |
| 10 | Silgan Holdings | 4.42 Bn | 4.07 Bn | 294.88 Mn | 17.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.58% |
| Mar 31, 2026 | 19.13% |
| Dec 31, 2025 | 18.93% |
| Sep 30, 2025 | 21.80% |
| Jun 30, 2025 | 22.24% |
| Mar 31, 2025 | 21.24% |
| Dec 31, 2024 | 21.89% |
| Sep 30, 2024 | 23.15% |
| Jun 30, 2024 | 21.09% |
| Mar 31, 2024 | 18.71% |
| Dec 31, 2023 | 21.16% |
| Sep 30, 2023 | 21.32% |
| Jun 30, 2023 | 22.78% |
| Mar 31, 2023 | 21.83% |
| Dec 31, 2022 | 22.76% |
| Sep 30, 2022 | 24.38% |
| Jun 30, 2022 | 26.32% |
| Mar 31, 2022 | 24.96% |
| Dec 31, 2021 | 24.96% |
| Sep 30, 2021 | 25.53% |