Packaging Corp Of America (PKG) Operating Expenses (2009 - 2026)
Packaging Corp Of America's (PKG) quarterly Operating Expenses came in at $179.3 million in Q2 2026, up 17.04% year-over-year from $153.2 million in Q2 2025, and down 0.55% quarter-over-quarter from $180.3 million in Q1 2026.
Analysis
Packaging Corp Of America (PKG) Operating Expenses (2009 - 2026) Analysis & Trends
Packaging Corp Of America (PKG) has reported Operating Expenses for 18 consecutive years, with $179.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 17.04% year-over-year to $179.3 million in Q2 2026; TTM through Jun 2026 was $679.2 million, a 234.91% increase from a year earlier, with the FY2025 full-year figure at $634.2 million, up 786.99% from the prior year.
- Operating Expenses was $179.3 million for Q2 2026 at Packaging Corp Of America, down from $180.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $180.3 million in Q1 2026 and troughed at $5.8 million in Q4 2023.
- A 5-year average of $56.7 million and a median of $16.2 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses sank 65.06% in 2023 and soared 1286.92% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $16.6 million in 2022, then slumped by 65.06% to $5.8 million in 2023, then soared by 253.45% to $20.5 million in 2024, then soared by 706.34% to $165.3 million in 2025, then climbed by 8.47% to $179.3 million in 2026.
- The last three Operating Expenses figures came in at $179.3 million (Q2 2026), $180.3 million (Q1 2026), and $165.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn | 991.00 Mn |
| 2 | Smurfit Westrock | 22.12 Bn | 21.44 Bn | 1.40 Bn | 1.09 Bn |
| 3 | Packaging Corp Of America | 20.62 Bn | 20.03 Bn | 512.50 Mn | 179.30 Mn |
| 4 | Sonoco Products | 4.82 Bn | 4.65 Bn | 392.38 Mn | 202.18 Mn |
| 5 | Graphic Packaging Holding | 2.79 Bn | 2.58 Bn | 292.00 Mn | 186.00 Mn |
| 6 | Ranpak Holdings | 341.67 Mn | 298.47 Mn | 34.50 Mn | 36.20 Mn |
| 7 | Clearwater Paper | 317.20 Mn | 221.80 Mn | -10.40 Mn | 398.70 Mn |
| 8 | Millennium Group International Holdings | 17.10 Mn | 10.24 Mn | - | - |
| 9 | Dss | 7.79 Mn | 2.64 Mn | - | 7.39 Mn |
| 10 | It Tech Packaging | 2.21 Mn | -7.55 Mn | 2.02 Mn | 3.02 Mn |
Historic Data
Download Data
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 |