Packaging Corp Of America (PKG) Gross Margin (2009 - 2026)
Packaging Corp Of America (PKG) recorded Gross Margin of 20.58% in Q2 2026, down 1.66 percentage points from 22.24% a year earlier but up 1.46 percentage points from the prior quarter.
Packaging Corp Of America (PKG) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Packaging Corp Of America's Gross Margin came in at 20.11% as of Jun 30, 2026, down 2.03 percentage points year-over-year; for FY2025, it came in at 21.02%, down 0.25 percentage points from FY2024.
- Annual Gross Margin has declined for three straight years, though with a five-year change of +0.45 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 21.27% in FY2024 (-0.50 pp), 21.77% in FY2023 (-2.89 pp), 24.66% in FY2022 (+0.43 pp) and 24.23% in FY2021 (+3.66 pp).
- Quarterly Gross Margin has ranged from 18.71% in Q1 2024 to 26.32% in Q2 2022 over the past five years.
- On a year-over-year basis, Gross Margin has declined for four consecutive quarters, with an average year-over-year change of -0.23 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 5.51 percentage points in Q4 2021, against a drop of 3.54 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 19.13% (Q1 2026), 18.93% (Q4 2025) and 21.80% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.27 Bn | 20.20 Bn | 1.40 Bn | 17.42% |
| 2 | International Paper | 20.90 Bn | 16.80 Bn | 1.66 Bn | 27.65% |
| 3 | Packaging Corp Of America | 20.79 Bn | 18.33 Bn | 512.50 Mn | 20.58% |
| 4 | Amcor | 19.64 Bn | 15.07 Bn | 1.34 Bn | 20.90% |
| 5 | Ball | 15.00 Bn | 12.01 Bn | 697.00 Mn | 17.44% |
| 6 | Crown Holdings | 11.57 Bn | 8.90 Bn | 748.00 Mn | 20.39% |
| 7 | Sonoco Products | 4.90 Bn | 3.91 Bn | 392.38 Mn | 20.81% |
| 8 | Silgan Holdings | 3.71 Bn | 1.45 Bn | 294.88 Mn | 17.94% |
| 9 | Graphic Packaging Holding | 2.72 Bn | 1.95 Bn | 292.00 Mn | 13.35% |
| 10 | Ardagh Metal Packaging | 2.59 Bn | 2.60 Bn | 238.00 Mn | 13.89% |
Historic 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% |
Packaging Corp Of America Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PKG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PKG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PKG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();