Packaging Corp Of America (PKG) Restructuring Costs (2016 - 2024)
Packaging Corp Of America (PKG) reported Restructuring Costs of $600000.0 for 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.
Packaging Corp Of America (PKG) Restructuring Costs (2016 - 2024) Analysis & Trends
Packaging Corp Of America (PKG) has 8 years of Restructuring Costs data on file, last reported at $600000.0 in Q2 2024.
- Restructuring Costs for Q2 2024 came in at $600000.0, up 133.33% year-over-year; the trailing twelve-month figure through Dec 2024 was -$7.7 million (down 541.67% YoY), and the FY2024 annual result was $7.6 million, up 322.22% from the prior year.
- Restructuring Costs improved to $600000.0 in Q2 2024 per PKG's latest filing, 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.
- The sharpest annual moves came in 2023 and 2024: Restructuring Costs surged 175.0% in 2023, then tumbled 2866.67% in 2024.
- 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 tumbled by 97.44% to $300000.0 in 2023, then jumped by 100.0% to $600000.0 in 2024.
- Business Quant data shows PKG's Restructuring Costs at $600000.0 in Q2 2024, -$8.3 million in Q1 2024, and $300000.0 in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.17 Bn | 20.52 Bn | 1.27 Bn |
| 2 | Packaging Corp Of America | 19.43 Bn | 18.89 Bn | 452.90 Mn |
| 3 | Amcor | 17.53 Bn | 15.95 Bn | 1.19 Bn |
| 4 | International Paper | 17.36 Bn | 16.06 Bn | 1.73 Bn |
| 5 | Ball | 13.98 Bn | 13.10 Bn | 646.00 Mn |
| 6 | Avery Dennison | 11.76 Bn | 11.50 Bn | 664.80 Mn |
| 7 | Crown Holdings | 10.32 Bn | 10.23 Bn | 644.00 Mn |
| 8 | Reynolds Consumer Products | 4.74 Bn | 4.67 Bn | 207.00 Mn |
| 9 | Sonoco Products | 4.73 Bn | 4.53 Bn | 345.63 Mn |
| 10 | Silgan Holdings | 3.87 Bn | 3.44 Bn | 265.78 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 |