Packaging Corp Of America (PKG) Operating Margin (2009 - 2026)
Packaging Corp Of America (PKG) posted quarterly Operating Margin of 10.61% for Q1 2026, down 248.0% year-over-year from 7.17% in Q1 2025, and up 48.87% quarter-over-quarter from 7.13% in Q4 2025.
Packaging Corp Of America (PKG) Operating Margin (2009 - 2026) Analysis & Trends
Packaging Corp Of America (PKG) has reported Operating Margin for 18 consecutive years, with 10.61% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 248.0% year-over-year to 10.61%; the TTM figure through Mar 2026 stood at 11.7% (down 218.0% YoY), while the FY2025 annual figure was 12.31%, down 82.0% from the prior year.
- Operating Margin grew to 10.61% in Q1 2026 per PKG's latest filing, from 7.13% in the prior quarter.
- Across five years, Operating Margin topped out at 18.58% in Q2 2022 and bottomed at 7.13% in Q4 2025.
- Historically, Operating Margin has averaged 13.79% across 5 years, with a median of 14.03% in 2025.
- Annual changes were most pronounced in 2022 — Operating Margin jumped 350 bps — and 2025, when it slumped 695 bps.
- Packaging Corp Of America's Operating Margin stood at 14.56% in 2022, then declined by 7 bps to 13.49% in 2023, then increased by 4 bps to 14.08% in 2024, then plunged by 49 bps to 7.13% in 2025, then surged by 49 bps to 10.61% in 2026.
- Business Quant data shows PKG's Operating Margin at 10.61% in Q1 2026, 7.13% in Q4 2025, and 14.03% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 3.85% |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 10.10% |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 11.70% |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 11.14% |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 9.63% |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 13.59% |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 12.65% |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 10.23% |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 14.62% |
| 10 | Silgan Holdings | 4.34 Bn | 3.99 Bn | 294.88 Mn | 9.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.70% |
| Mar 31, 2026 | 10.61% |
| Dec 31, 2025 | 7.13% |
| Sep 30, 2025 | 14.03% |
| Jun 30, 2025 | 15.37% |
| Mar 31, 2025 | 13.09% |
| Dec 31, 2024 | 14.08% |
| Sep 30, 2024 | 14.99% |
| Jun 30, 2024 | 13.30% |
| Mar 31, 2024 | 9.90% |
| Dec 31, 2023 | 13.49% |
| Sep 30, 2023 | 13.36% |
| Jun 30, 2023 | 14.57% |
| Mar 31, 2023 | 13.70% |
| Dec 31, 2022 | 14.56% |
| Sep 30, 2022 | 16.95% |
| Jun 30, 2022 | 18.58% |
| Mar 31, 2022 | 16.69% |
| Dec 31, 2021 | 17.41% |
| Sep 30, 2021 | 17.64% |