Packaging Corp of America (PKG) — Cash Flow Quality Index
Packaging Corp of America (PKG) has a Cash Flow Quality Index of 2.08x as of September 2025. Operating cash flow of $472.20 Million exceeds net income of $227.00 Million, indicating high earnings quality where cash backs reported profits. Explore Packaging Corp of America cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Packaging Corp of America Cash Flow Quality Index (1998–2024)
Historical Cash Flow Quality Index for Packaging Corp of America across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Packaging Corp of America cash flow conversion.
Annual Cash Flow Quality Index for Packaging Corp of America (1998–2024)
Year-by-year earnings quality comparison for Packaging Corp of America.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.48x | $1.19 Billion | $805.10 Million | ▼ -13.9% |
| 2023 | 1.72x | $1.32 Billion | $765.20 Million | ▲ +18.4% |
| 2022 | 1.45x | $1.50 Billion | $1.03 Billion | ▲ +11.6% |
| 2021 | 1.30x | $1.09 Billion | $841.10 Million | ▼ -41.9% |
| 2020 | 2.24x | $1.03 Billion | $461.00 Million | ▲ +29.2% |
| 2019 | 1.73x | $1.21 Billion | $696.40 Million | ▲ +8.4% |
| 2018 | 1.60x | $1.18 Billion | $738.00 Million | ▲ +24.9% |
| 2017 | 1.28x | $856.10 Million | $668.60 Million | ▼ -28.1% |
| 2017 | 1.78x | $801.20 Million | $449.60 Million | ▲ +0.0% |
| 2016 | 1.78x | $801.20 Million | $449.60 Million | ▲ +2.1% |
| 2015 | 1.75x | $762.60 Million | $436.80 Million | ▼ -6.9% |
| 2014 | 1.87x | $736.10 Million | $392.60 Million | ▲ +36.1% |
| 2013 | 1.38x | $608.20 Million | $441.33 Million | ▼ -44.1% |
| 2012 | 2.47x | $404.20 Million | $163.82 Million | ▲ +12.8% |
| 2011 | 2.19x | $345.51 Million | $158.03 Million | ▲ +28.4% |
| 2010 | 1.70x | $349.92 Million | $205.44 Million | ▲ +47.9% |
| 2009 | 1.15x | $306.13 Million | $265.89 Million | ▼ -42.0% |
| 2008 | 1.99x | $269.32 Million | $135.61 Million | ▲ +12.5% |
| 2007 | 1.76x | $300.15 Million | $170.07 Million | ▼ -10.5% |
| 2006 | 1.97x | $246.63 Million | $125.03 Million | ▼ -57.3% |
| 2005 | 4.61x | $242.75 Million | $52.60 Million | ▲ +47.3% |
| 2004 | 3.13x | $215.34 Million | $68.73 Million | ▼ -37.1% |
| 2002 | 4.98x | $240.02 Million | $48.18 Million | ▲ +69.1% |
| 2001 | 2.95x | $313.43 Million | $106.42 Million | ▲ +50.2% |
| 2000 | 1.96x | $339.05 Million | $172.96 Million | ▼ -63.5% |
| 1999 | 5.37x | $254.40 Million | $47.40 Million | ▲ +96.1% |
| 1998 | 2.74x | $195.40 Million | $71.40 Million | — |