Packaging Corp Of America (PKG) Tax Rate (2009 - 2026)
Packaging Corp Of America (PKG) posted quarterly Tax Rate of 22.25% for Q1 2026, down 154.0% year-over-year from 41.2% in Q1 2025, and up 280.26% quarter-over-quarter from 12.34% in Q4 2025.
Packaging Corp Of America (PKG) Tax Rate (2009 - 2026) Analysis & Trends
Packaging Corp Of America (PKG) has reported Tax Rate for 18 consecutive years, with 22.25% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 154.0% year-over-year to 22.25%; the TTM figure through Mar 2026 stood at 19.36% (up 1333.0% YoY), while the FY2025 annual figure was 19.89%, up 1557.0% from the prior year.
- Tax Rate improved to 22.25% in Q1 2026 per PKG's latest filing, from 12.34% in the prior quarter.
- Across five years, Tax Rate topped out at 25.66% in Q3 2025 and bottomed at 61.69% in Q4 2023.
- Historically, Tax Rate has averaged 9.96% across 5 years, with a median of 24.44% in 2022.
- Annual changes were most pronounced in 2023 — Tax Rate plunged 8516 bps — and 2024, when it surged 4973 bps.
- Packaging Corp Of America's Tax Rate stood at 23.47% in 2022, then sank by 363 bps to 61.69% in 2023, then advanced by 21 bps to 49.01% in 2024, then surged by 75 bps to 12.34% in 2025, then surged by 280 bps to 22.25% in 2026.
- Business Quant data shows PKG's Tax Rate at 22.25% in Q1 2026, 12.34% 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 | 25.18 Bn | 24.51 Bn | 1.40 Bn | 31.25% |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 20.00% |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 25.83% |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 57.69% |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 23.38% |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 27.80% |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 24.38% |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 27.79% |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 23.28% |
| 10 | Silgan Holdings | 4.34 Bn | 3.99 Bn | 294.88 Mn | 28.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.83% |
| Jun 30, 2026 | 25.83% |
| Jun 30, 2026 | 25.83% |
| Mar 31, 2026 | 22.25% |
| Mar 31, 2026 | 22.25% |
| Mar 31, 2026 | 22.25% |
| Dec 31, 2025 | -12.34% |
| Dec 31, 2025 | -12.34% |
| Dec 31, 2025 | -12.34% |
| Sep 30, 2025 | 25.66% |
| Sep 30, 2025 | 25.66% |
| Sep 30, 2025 | 25.66% |
| Jun 30, 2025 | 24.67% |
| Jun 30, 2025 | 24.67% |
| Jun 30, 2025 | 24.67% |
| Mar 31, 2025 | 23.78% |
| Mar 31, 2025 | 23.78% |
| Mar 31, 2025 | 23.78% |
| Dec 31, 2024 | -49.01% |
| Dec 31, 2024 | -49.01% |