Packaging Corp Of America (PKG) Operating Expenses (2009 - 2026)
Packaging Corp Of America (PKG) posted quarterly Operating Expenses of $180.3 million for Q1 2026, up 1286.92% YoY from $13.0 million in Q1 2025, and up 9.07% sequentially from $165.3 million in Q4 2025.
Packaging Corp Of America (PKG) Operating Expenses (2009 - 2026) Analysis & Trends
Packaging Corp Of America has disclosed Operating Expenses across 18 years of filings, most recently posting $180.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 1286.92% year-over-year to $180.3 million; the TTM figure through Mar 2026 stood at $653.1 million (up 956.8% YoY), while the FY2025 annual figure was $634.2 million, up 786.99% from the prior year.
- Operating Expenses grew to $180.3 million in Q1 2026, from $165.3 million in the prior quarter.
- Over the last five years, Operating Expenses for PKG reached as high as $180.3 million in Q1 2026 and fell as low as $5.8 million in Q4 2023.
- The 5-year median for Operating Expenses is $16.1 million (2024), against an average of $49.5 million.
- Annual changes were most pronounced in 2023 — Operating Expenses slumped 65.06% — and 2026, when it jumped 1286.92%.
- A 5-year view of Operating Expenses shows it stood at $16.6 million in 2022, then tumbled by 65.06% to $5.8 million in 2023, then jumped by 253.45% to $20.5 million in 2024, then jumped by 706.34% to $165.3 million in 2025, then climbed by 9.07% to $180.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $180.3 million, $165.3 million, and $154.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn | 283.00 Mn |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn | 943.00 Mn |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn | 375.10 Mn |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn | 239.00 Mn |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn | 109.00 Mn |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn | 201.54 Mn |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn | 140.22 Mn |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn | 273.00 Mn |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 | -86.00 |
| 10 | Packaging Corp Of America | 214.04 Mn | -329.66 Mn | 452.90 Mn | 180.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 180.30 Mn |
| Dec 31, 2025 | 165.30 Mn |
| Sep 30, 2025 | 154.30 Mn |
| Jun 30, 2025 | 153.20 Mn |
| Mar 31, 2025 | 13.00 Mn |
| Dec 31, 2024 | 20.50 Mn |
| Sep 30, 2024 | 16.10 Mn |
| Jun 30, 2024 | 12.20 Mn |
| Mar 31, 2024 | 22.50 Mn |
| Dec 31, 2023 | 5.80 Mn |
| Sep 30, 2023 | 9.90 Mn |
| Jun 30, 2023 | 14.70 Mn |
| Mar 31, 2023 | 12.50 Mn |
| Dec 31, 2022 | 16.60 Mn |
| Sep 30, 2022 | 12.90 Mn |
| Jun 30, 2022 | 16.30 Mn |
| Mar 31, 2022 | 15.60 Mn |
| Dec 31, 2021 | 13.10 Mn |
| Sep 30, 2021 | 13.40 Mn |
| Jun 30, 2021 | 7.90 Mn |