Packaging Corp of America (PKG) — Cash Flow-to-Debt Ratio
Packaging Corp of America (PKG) has a Cash Flow-to-Debt Ratio of 0.08x as of September 2025, meaning its operating cash flow of $472.20 Million could theoretically repay 0% of its total liabilities ($6.22 Billion) in one year. See how financially flexible is Packaging Corp of America to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Packaging Corp of America Cash Flow-to-Debt Ratio (1998–2024)
Historical debt coverage capacity for Packaging Corp of America across 28 annual periods. For the full cash flow conversion analysis, see Packaging Corp of America cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Packaging Corp of America (1998–2024)
Year-by-year debt coverage analysis for Packaging Corp of America. Check Packaging Corp of America cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.27x | $1.19 Billion | $4.43 Billion | ▼ -4.2% |
| 2023 | 0.28x | $1.32 Billion | $4.68 Billion | ▼ -18.6% |
| 2022 | 0.34x | $1.50 Billion | $4.34 Billion | ▲ +33.3% |
| 2021 | 0.26x | $1.09 Billion | $4.23 Billion | ▲ +4.9% |
| 2020 | 0.25x | $1.03 Billion | $4.19 Billion | ▼ -14.9% |
| 2019 | 0.29x | $1.21 Billion | $4.16 Billion | ▼ -4.3% |
| 2018 | 0.30x | $1.18 Billion | $3.90 Billion | ▲ +42.0% |
| 2017 | 0.21x | $856.10 Million | $4.01 Billion | ▼ -9.8% |
| 2017 | 0.24x | $801.20 Million | $3.39 Billion | ▲ +18.5% |
| 2016 | 0.20x | $801.20 Million | $4.02 Billion | ▼ -4.5% |
| 2015 | 0.21x | $762.60 Million | $3.65 Billion | ▲ +8.6% |
| 2014 | 0.19x | $736.10 Million | $3.83 Billion | ▲ +22.9% |
| 2013 | 0.16x | $608.20 Million | $3.89 Billion | ▼ -42.5% |
| 2012 | 0.27x | $404.20 Million | $1.48 Billion | ▲ +16.9% |
| 2011 | 0.23x | $345.51 Million | $1.48 Billion | ▼ -19.1% |
| 2010 | 0.29x | $349.92 Million | $1.22 Billion | ▲ +17.9% |
| 2009 | 0.24x | $306.13 Million | $1.25 Billion | ▲ +13.8% |
| 2008 | 0.21x | $269.32 Million | $1.26 Billion | ▼ -8.9% |
| 2007 | 0.24x | $300.15 Million | $1.27 Billion | ▲ +23.6% |
| 2006 | 0.19x | $246.63 Million | $1.30 Billion | ▲ +1.3% |
| 2005 | 0.19x | $242.75 Million | $1.29 Billion | ▲ +10.4% |
| 2004 | 0.17x | $215.34 Million | $1.27 Billion | ▼ -17.5% |
| 2003 | 0.21x | $244.88 Million | $1.19 Billion | ▲ +1.9% |
| 2002 | 0.20x | $240.02 Million | $1.19 Billion | ▼ -22.4% |
| 2001 | 0.26x | $313.43 Million | $1.20 Billion | ▼ -3.5% |
| 2000 | 0.27x | $339.05 Million | $1.25 Billion | ▲ +73.6% |
| 1999 | 0.16x | $254.40 Million | $1.63 Billion | ▼ -63.4% |
| 1998 | 0.43x | $195.40 Million | $459.00 Million | — |