Packaging Corp Of America (PKG) Restructuring Costs (2016 - 2024)
Packaging Corp Of America (PKG) posted quarterly Restructuring Costs of $600000.0 for Q2 2024, up 133.33% YoY from $257142.9 in Q3 2023, and up 107.23% sequentially from -$8.3 million in Q1 2024.
Packaging Corp Of America (PKG) Restructuring Costs (2016 - 2024) Analysis & Trends
Packaging Corp Of America has disclosed Restructuring Costs across 8 years of filings, most recently posting $600000.0 for Q2 2024.
- In Q2 2024, Restructuring Costs rose 133.33% year-over-year to $600000.0; the TTM figure through Dec 2024 stood at -$7.7 million (down 541.67% YoY), while the FY2024 annual figure was $7.6 million, up 322.22% from the prior year.
- Restructuring Costs grew to $600000.0 in Q2 2024, from -$8.3 million in the prior quarter.
- Over the last five years, Restructuring Costs for PKG reached as high as $11.7 million in Q4 2022 and fell as low as -$8.3 million in Q1 2024.
- The 4-year median for Restructuring Costs is -$400000.0 (2022), against an average of $646153.8.
- Annual changes were most pronounced in 2023 — Restructuring Costs surged 175.0% — and 2024, when it sank 2866.67%.
- A 4-year view of Restructuring Costs shows it stood at $6.7 million in 2021, then jumped by 74.63% to $11.7 million in 2022, then sank by 97.44% to $300000.0 in 2023, then jumped by 100.0% to $600000.0 in 2024.
- According to Business Quant data, Restructuring Costs over the past three periods registered $600000.0, -$8.3 million, and $300000.0 for Q2 2024, Q1 2024, and Q4 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 |
| 10 | Packaging Corp Of America | 214.04 Mn | -329.66 Mn | 452.90 Mn |
Historic Data
Download 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 |