Packaging Corp of America (PKG) — Financial Flexibility Index
Packaging Corp of America (PKG) has a Financial Flexibility Index of 0.11x as of September 2025. Free cash flow of $664.30 Million (operating CF $472.20 Million minus capex $192.10 Million) represents 0% of total liabilities ($6.22 Billion). Check PKG total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Packaging Corp of America Financial Flexibility Index (1998–2024)
Historical Financial Flexibility Index trend for Packaging Corp of America across 28 annual periods. For the full cash flow conversion analysis, see Packaging Corp of America cash conversion from operations.
Annual Financial Flexibility Index for Packaging Corp of America (1998–2024)
Year-by-year free cash flow to debt coverage for Packaging Corp of America. Explore PKG operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.42x | $1.86 Billion | $1.19 Billion | $4.43 Billion | ▲ +10.3% |
| 2023 | 0.38x | $1.78 Billion | $1.32 Billion | $4.68 Billion | ▼ -28.7% |
| 2022 | 0.53x | $2.32 Billion | $1.50 Billion | $4.34 Billion | ▲ +33.1% |
| 2021 | 0.40x | $1.70 Billion | $1.09 Billion | $4.23 Billion | ▲ +15.7% |
| 2020 | 0.35x | $1.45 Billion | $1.03 Billion | $4.19 Billion | ▼ -10.0% |
| 2019 | 0.39x | $1.61 Billion | $1.21 Billion | $4.16 Billion | ▼ -13.2% |
| 2018 | 0.44x | $1.73 Billion | $1.18 Billion | $3.90 Billion | ▲ +48.8% |
| 2017 | 0.30x | $1.20 Billion | $856.10 Million | $4.01 Billion | ▼ -5.8% |
| 2017 | 0.32x | $1.08 Billion | $801.20 Million | $3.39 Billion | ▲ +18.5% |
| 2016 | 0.27x | $1.08 Billion | $801.20 Million | $4.02 Billion | ▼ -9.2% |
| 2015 | 0.29x | $1.08 Billion | $762.60 Million | $3.65 Billion | ▼ -2.4% |
| 2014 | 0.30x | $1.16 Billion | $736.10 Million | $3.83 Billion | ▲ +39.4% |
| 2013 | 0.22x | $842.62 Million | $608.20 Million | $3.89 Billion | ▼ -39.6% |
| 2012 | 0.36x | $532.73 Million | $404.20 Million | $1.48 Billion | ▼ -16.6% |
| 2011 | 0.43x | $638.78 Million | $345.51 Million | $1.48 Billion | ▼ -22.2% |
| 2010 | 0.55x | $672.75 Million | $349.92 Million | $1.22 Billion | ▲ +65.2% |
| 2009 | 0.34x | $420.33 Million | $306.13 Million | $1.25 Billion | ▲ +4.6% |
| 2008 | 0.32x | $402.29 Million | $269.32 Million | $1.26 Billion | ▼ -1.2% |
| 2007 | 0.32x | $413.60 Million | $300.15 Million | $1.27 Billion | ▲ +25.5% |
| 2006 | 0.26x | $334.85 Million | $246.63 Million | $1.30 Billion | ▼ -9.3% |
| 2005 | 0.28x | $368.08 Million | $242.75 Million | $1.29 Billion | ▲ +11.3% |
| 2004 | 0.26x | $323.96 Million | $215.34 Million | $1.27 Billion | ▼ -15.1% |
| 2003 | 0.30x | $358.09 Million | $244.88 Million | $1.19 Billion | ▲ +3.0% |
| 2002 | 0.29x | $347.42 Million | $240.02 Million | $1.19 Billion | ▼ -20.8% |
| 2001 | 0.37x | $444.58 Million | $313.43 Million | $1.20 Billion | ▼ -1.8% |
| 2000 | 0.38x | $472.79 Million | $339.05 Million | $1.25 Billion | ▲ +76.6% |
| 1999 | 0.21x | $348.60 Million | $254.40 Million | $1.63 Billion | ▼ -67.2% |
| 1998 | 0.65x | $298.80 Million | $195.40 Million | $459.00 Million | — |