Packaging Corp Of America (PKG) Gross Margin (2009 - 2026)
Packaging Corp Of America's (PKG) quarterly Gross Margin came in at 20.58% in Q2 2026, down 166.0% year-over-year from 31.19% in Q2 2025, and up 7.61% quarter-over-quarter from 19.13% in Q1 2026.
Analysis
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 20.58% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 166.0% year-over-year to 20.58% in Q2 2026; TTM through Jun 2026 was 20.11%, a 203.0% decrease from a year earlier, with the FY2025 full-year figure at 21.02%, down 25.0% from the prior year.
- Gross Margin was 20.58% for Q2 2026 at Packaging Corp Of America, up from 19.13% in the prior quarter.
- Over five years, Gross Margin peaked at 26.32% in Q2 2022 and troughed at 18.71% in Q1 2024.
- A 5-year average of 21.9% and a median of 21.81% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 262 bps in 2022 and slumped 354 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 22.76% in 2022, then decreased by 7 bps to 21.16% in 2023, then grew by 3 bps to 21.89% in 2024, then retreated by 13 bps to 18.93% in 2025, then gained by 9 bps to 20.58% in 2026.
- The last three Gross Margin figures came in at 20.58% (Q2 2026), 19.13% (Q1 2026), and 18.93% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn | 27.65% |
| 2 | Smurfit Westrock | 22.18 Bn | 21.50 Bn | 1.40 Bn | 17.42% |
| 3 | Packaging Corp Of America | 20.36 Bn | 19.77 Bn | 512.50 Mn | 20.58% |
| 4 | Sonoco Products | 4.78 Bn | 4.62 Bn | 392.38 Mn | 20.81% |
| 5 | Graphic Packaging Holding | 2.80 Bn | 2.60 Bn | 292.00 Mn | 13.35% |
| 6 | Ranpak Holdings | 345.10 Mn | 301.90 Mn | 34.50 Mn | 32.79% |
| 7 | Clearwater Paper | 318.89 Mn | 223.49 Mn | -10.40 Mn | -2.77% |
| 8 | Millennium Group International Holdings | 17.10 Mn | 10.24 Mn | - | - |
| 9 | Dss | 7.76 Mn | 2.60 Mn | - | - |
| 10 | It Tech Packaging | 2.20 Mn | -7.57 Mn | 2.02 Mn | 7.90% |
Historic Data
Download Data
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% |