Packaging Corp Of America (PKG) Operating Expenses (2009 - 2026)
Packaging Corp Of America (PKG) posted Operating Expenses of $179.3 million for Q2 2026, up 17.0% from $153.2 million a year earlier but down 0.6% from the prior quarter.
Packaging Corp Of America (PKG) Operating Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Packaging Corp Of America was $679.2 million, up 234.9% year-over-year; for FY2025, it came in at $634.2 million, up 787.0% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of 65.7% (FY2020 to FY2025).
- In prior years, Packaging Corp Of America's Operating Expenses was $71.5 million in FY2024 (+66.7%), $42.9 million in FY2023 (-30.0%), $61.3 million in FY2022 (+11.9%) and $54.8 million in FY2021 (+8.1%).
- Quarterly Operating Expenses has run from a low of $5.8 million in Q4 2023 to a high of $180.3 million in Q1 2026 over five years.
- On a year-over-year basis, Operating Expenses increased in five of the last six quarters, with growth averaging 309.3%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2025, with growth of 858.4%; the weakest was Q4 2023, with a decline of 65.1%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $180.3 million (Q1 2026), $165.3 million (Q4 2025) and $154.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.14 Bn | 20.07 Bn | 1.40 Bn | 1.09 Bn |
| 2 | International Paper | 20.80 Bn | 16.70 Bn | 1.66 Bn | 991.00 Mn |
| 3 | Packaging Corp Of America | 20.43 Bn | 17.97 Bn | 512.50 Mn | 179.30 Mn |
| 4 | Amcor | 19.35 Bn | 14.78 Bn | 1.34 Bn | 646.00 Mn |
| 5 | Ball | 14.84 Bn | 11.86 Bn | 697.00 Mn | 312.00 Mn |
| 6 | Crown Holdings | 11.46 Bn | 8.79 Bn | 748.00 Mn | 249.00 Mn |
| 7 | Sonoco Products | 4.83 Bn | 3.83 Bn | 392.38 Mn | 202.18 Mn |
| 8 | Silgan Holdings | 3.67 Bn | 1.41 Bn | 294.88 Mn | 144.94 Mn |
| 9 | Graphic Packaging Holding | 2.68 Bn | 1.91 Bn | 292.00 Mn | 186.00 Mn |
| 10 | Ardagh Metal Packaging | 2.59 Bn | 2.60 Bn | 238.00 Mn | -87.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 179.30 Mn |
| 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 |
Packaging Corp Of America Operating Expenses 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=operating-expenses&ticker=PKG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=PKG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();