Packaging Corp Of America (PKG) Restructuring Costs (2016 - 2024)
Packaging Corp Of America's (PKG) quarterly Restructuring Costs came in at $600000.0 in Q2 2024, up 133.33% year-over-year from $257142.9 in Q3 2023, and up 107.23% quarter-over-quarter from -$8.3 million in Q1 2024.
Analysis
Packaging Corp Of America (PKG) Restructuring Costs (2016 - 2024) Analysis & Trends
Packaging Corp Of America (PKG) has reported Restructuring Costs for 8 consecutive years, with $600000.0 the latest figure, recorded in Q2 2024.
- On a quarterly basis, Restructuring Costs rose 133.33% year-over-year to $600000.0 in Q2 2024; TTM through Dec 2024 was -$7.7 million, a 541.67% decrease from a year earlier, with the FY2024 full-year figure at $7.6 million, up 322.22% from the prior year.
- Restructuring Costs was $600000.0 for Q2 2024 at Packaging Corp Of America, up from -$8.3 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $11.7 million in Q4 2022 and troughed at -$8.3 million in Q1 2024.
- A 4-year average of $646153.8 and a median of -$400000.0 in 2022 frame the typical range for Restructuring Costs.
- Across the five-year window, Restructuring Costs jumped 175.0% in 2023 and plunged 2866.67% in 2024, its largest moves.
- Over 4 years, Restructuring Costs stood at $6.7 million in 2021, then soared by 74.63% to $11.7 million in 2022, then plunged by 97.44% to $300000.0 in 2023, then soared by 100.0% to $600000.0 in 2024.
- The last three Restructuring Costs figures came in at $600000.0 (Q2 2024), -$8.3 million (Q1 2024), and $300000.0 (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn |
| 2 | Smurfit Westrock | 22.09 Bn | 21.41 Bn | 1.40 Bn |
| 3 | Packaging Corp Of America | 20.34 Bn | 19.74 Bn | 512.50 Mn |
| 4 | Sonoco Products | 4.79 Bn | 4.62 Bn | 392.38 Mn |
| 5 | Graphic Packaging Holding | 2.79 Bn | 2.58 Bn | 292.00 Mn |
| 6 | Ranpak Holdings | 340.39 Mn | 297.19 Mn | 34.50 Mn |
| 7 | Clearwater Paper | 318.41 Mn | 223.01 Mn | -10.40 Mn |
| 8 | Millennium Group International Holdings | 16.99 Mn | 10.12 Mn | - |
| 9 | Dss | 7.53 Mn | 2.38 Mn | - |
| 10 | It Tech Packaging | 2.22 Mn | -7.54 Mn | 2.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 600,000.00 |
| Mar 31, 2024 | -8.30 Mn |
| Dec 31, 2023 | 300,000.00 |
| Jun 30, 2023 | -1.80 Mn |
| Mar 31, 2023 | 300,000.00 |
| Dec 31, 2022 | 11.70 Mn |
| Sep 30, 2022 | -2.70 Mn |
| Jun 30, 2022 | -1.70 Mn |
| Mar 31, 2022 | -400,000.00 |
| Dec 31, 2021 | 6.70 Mn |
| Sep 30, 2021 | -3.20 Mn |
| Jun 30, 2021 | -2.40 Mn |
| Mar 31, 2021 | 9.30 Mn |
| Dec 31, 2019 | -400,000.00 |
| Jun 30, 2019 | 200,000.00 |
| Mar 31, 2019 | 400,000.00 |
| Dec 31, 2018 | 100,000.00 |
| Sep 30, 2018 | 100,000.00 |
| Jun 30, 2018 | 7.20 Mn |
| Mar 31, 2018 | 700,000.00 |