Packaging Corp Of America (PKG) Tax Rate (2009 - 2026)
Packaging Corp Of America (PKG) reported Tax Rate of 22.25% for Q1 2026, down 154.0% year-over-year from 41.2% in Q1 2025, and down 8.49% quarter-over-quarter from 24.31% in Q4 2025.
Packaging Corp Of America (PKG) Tax Rate (2009 - 2026) Analysis & Trends
Packaging Corp Of America (PKG) has 18 years of Tax Rate data on file, last reported at 22.25% in Q1 2026.
- Tax Rate for Q1 2026 came in at 22.25%, down 154.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.39% (down 29.0% YoY), and the FY2025 annual result was 24.68%, up 32.0% from the prior year.
- Tax Rate eased to 22.25% in Q1 2026 per PKG's latest filing, from 24.31% in the prior quarter.
- Over five years, Tax Rate peaked at 25.66% in Q3 2025 and troughed at 24.31% in Q2 2023.
- A 5-year average of 21.33% and a median of 24.44% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 4905 bps in 2023, then surged 4973 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 23.47% in 2022, then decreased by 7 bps to 21.77% in 2023, then rose by 11 bps to 24.18% in 2024, then increased by 1 bps to 24.31% in 2025, then decreased by 8 bps to 22.25% in 2026.
- Business Quant data shows PKG's Tax Rate at 22.25% in Q1 2026, 24.31% in Q4 2025, and 25.66% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.17 Bn | 20.52 Bn | 1.27 Bn | 25.00% |
| 2 | Packaging Corp Of America | 19.43 Bn | 18.89 Bn | 452.90 Mn | 22.25% |
| 3 | Amcor | 17.53 Bn | 15.95 Bn | 1.19 Bn | 10.32% |
| 4 | International Paper | 17.36 Bn | 16.06 Bn | 1.73 Bn | 18.28% |
| 5 | Ball | 13.98 Bn | 13.10 Bn | 646.00 Mn | 24.03% |
| 6 | Avery Dennison | 11.76 Bn | 11.50 Bn | 664.80 Mn | 30.07% |
| 7 | Crown Holdings | 10.32 Bn | 10.23 Bn | 644.00 Mn | 25.45% |
| 8 | Reynolds Consumer Products | 4.74 Bn | 4.67 Bn | 207.00 Mn | 23.38% |
| 9 | Sonoco Products | 4.73 Bn | 4.53 Bn | 345.63 Mn | 12.44% |
| 10 | Silgan Holdings | 3.87 Bn | 3.44 Bn | 265.78 Mn | 26.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.25% |
| Mar 31, 2026 | 22.25% |
| Dec 31, 2025 | 24.31% |
| Dec 31, 2025 | 24.31% |
| Sep 30, 2025 | 25.66% |
| Sep 30, 2025 | 25.66% |
| Jun 30, 2025 | 24.67% |
| Jun 30, 2025 | 24.67% |
| Mar 31, 2025 | 23.78% |
| Mar 31, 2025 | 23.78% |
| Dec 31, 2024 | 24.18% |
| Dec 31, 2024 | 24.18% |
| Sep 30, 2024 | 25.27% |
| Sep 30, 2024 | 25.27% |
| Jun 30, 2024 | 25.42% |
| Jun 30, 2024 | 25.42% |
| Mar 31, 2024 | 21.65% |
| Mar 31, 2024 | 21.65% |
| Dec 31, 2023 | 21.77% |
| Dec 31, 2023 | 21.77% |