Packaging Corp of America (PKG) - Net Assets
Based on the latest financial reports, Packaging Corp of America (PKG) has net assets worth $4.76 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.98 Billion) and total liabilities ($6.22 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Packaging Corp of America to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.76 Billion |
| % of Total Assets | 43.31% |
| Annual Growth Rate | 6.26% |
| 5-Year Change | 35.66% |
| 10-Year Change | 150.26% |
| Growth Volatility | 16.67 |
Packaging Corp of America - Net Assets Trend (1998–2024)
This chart illustrates how Packaging Corp of America's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Packaging Corp of America for the complete picture of this company's asset base.
Annual Net Assets for Packaging Corp of America (1998–2024)
The table below shows the annual net assets of Packaging Corp of America from 1998 to 2024. For live valuation and market cap data, see Packaging Corp of America (PKG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.40 Billion | +10.17% |
| 2023-12-31 | $4.00 Billion | +9.00% |
| 2022-12-31 | $3.67 Billion | +1.66% |
| 2021-12-31 | $3.61 Billion | +11.12% |
| 2020-12-31 | $3.25 Billion | +5.71% |
| 2019-12-31 | $3.07 Billion | +14.92% |
| 2018-12-31 | $2.67 Billion | +22.44% |
| 2017-12-31 | $2.18 Billion | -8.52% |
| 2017-02-28 | $2.39 Billion | +35.58% |
| 2016-12-31 | $1.76 Billion | +7.75% |
| 2015-12-31 | $1.63 Billion | +7.36% |
| 2014-12-31 | $1.52 Billion | +12.13% |
| 2013-12-31 | $1.36 Billion | +39.96% |
| 2012-12-31 | $969.46 Million | +4.37% |
| 2011-12-31 | $928.91 Million | -7.94% |
| 2010-12-31 | $1.01 Billion | +12.26% |
| 2009-12-31 | $898.85 Million | +31.42% |
| 2008-12-31 | $683.95 Million | -10.11% |
| 2007-12-31 | $760.86 Million | +9.99% |
| 2006-12-31 | $691.77 Million | +1.52% |
| 2005-12-31 | $681.42 Million | -16.65% |
| 2004-12-31 | $817.57 Million | +2.52% |
| 2003-12-31 | $797.48 Million | +0.20% |
| 2002-12-31 | $795.88 Million | +3.38% |
| 2001-12-31 | $769.83 Million | +11.99% |
| 2000-12-31 | $687.42 Million | +32.40% |
| 1999-12-31 | $519.20 Million | -42.84% |
| 1998-12-31 | $908.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Packaging Corp of America's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 377670000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.78 Billion | 85.76% |
| Common Stock | $900.00K | 0.02% |
| Other Comprehensive Income | $-43.40 Million | -0.99% |
| Other Components | $669.80 Million | 15.21% |
| Total Equity | $4.40 Billion | 100.00% |
Packaging Corp of America Competitors by Market Cap
The table below lists competitors of Packaging Corp of America ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Principal Financial Group Inc
NASDAQ:PFG
|
$20.43 Billion |
|
Telefónica S.A
F:TNE2
|
$20.47 Billion |
|
Telefonica Brasil SA ADR
NYSE:VIV
|
$20.48 Billion |
|
Dupont De Nemours Inc
NYSE:DD
|
$20.49 Billion |
|
FUJIFILM HDGS CORP. ADR 1
F:FJIA
|
$20.40 Billion |
|
Southwest Airlines Company
NYSE:LUV
|
$20.39 Billion |
|
Cellnex Telecom SA
MC:CLNX
|
$20.38 Billion |
|
MongoDB
NASDAQ:MDB
|
$20.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Packaging Corp of America's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,997,300,000 to 4,404,000,000, a change of 406,700,000 (10.2%).
- Net income of 805,100,000 contributed positively to equity growth.
- Dividend payments of 448,800,000 reduced retained earnings.
- Share repurchases of 25,700,000 reduced equity.
- Other comprehensive income increased equity by 27,500,000.
- Other factors increased equity by 48,600,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $805.10 Million | +18.28% |
| Dividends Paid | $448.80 Million | -10.19% |
| Share Repurchases | $25.70 Million | -0.58% |
| Other Comprehensive Income | $27.50 Million | +0.62% |
| Other Changes | $48.60 Million | +1.1% |
| Total Change | $- | 10.17% |
Book Value vs Market Value Analysis
This analysis compares Packaging Corp of America's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.61x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 23.62x to 4.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $9.60 | $226.82 | x |
| 1999-12-31 | $5.33 | $226.82 | x |
| 2000-12-31 | $6.55 | $226.82 | x |
| 2001-12-31 | $7.08 | $226.82 | x |
| 2002-12-31 | $7.42 | $226.82 | x |
| 2003-12-31 | $7.62 | $226.82 | x |
| 2004-12-31 | $7.60 | $226.82 | x |
| 2005-12-31 | $6.30 | $226.82 | x |
| 2006-12-31 | $6.62 | $226.82 | x |
| 2007-12-31 | $7.21 | $226.82 | x |
| 2008-12-31 | $6.60 | $226.82 | x |
| 2009-12-31 | $8.78 | $226.82 | x |
| 2010-12-31 | $9.83 | $226.82 | x |
| 2011-12-31 | $9.25 | $226.82 | x |
| 2012-12-31 | $9.94 | $226.82 | x |
| 2013-12-31 | $13.91 | $226.82 | x |
| 2014-12-31 | $15.46 | $226.82 | x |
| 2015-12-31 | $16.71 | $226.82 | x |
| 2016-12-31 | $18.78 | $226.82 | x |
| 2017-12-31 | $23.29 | $226.82 | x |
| 2018-12-31 | $28.46 | $226.82 | x |
| 2019-12-31 | $32.64 | $226.82 | x |
| 2020-12-31 | $34.39 | $226.82 | x |
| 2021-12-31 | $38.17 | $226.82 | x |
| 2022-12-31 | $39.56 | $226.82 | x |
| 2023-12-31 | $44.66 | $226.82 | x |
| 2024-12-31 | $49.21 | $226.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Packaging Corp of America utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.60%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 2.01x
- Recent ROE (18.28%) is below the historical average (19.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 7.86% | 4.54% | 1.15x | 1.51x | $-19.44 Million |
| 1999 | 7.80% | 3.07% | 0.61x | 4.15x | $-11.42 Million |
| 2000 | 23.55% | 8.42% | 0.99x | 2.83x | $93.16 Million |
| 2001 | 13.82% | 5.95% | 0.91x | 2.56x | $29.43 Million |
| 2002 | 6.05% | 2.78% | 0.88x | 2.49x | $-31.41 Million |
| 2003 | -1.80% | -0.83% | 0.87x | 2.49x | $-94.11 Million |
| 2004 | 8.41% | 3.64% | 0.91x | 2.55x | $-13.03 Million |
| 2005 | 7.72% | 2.64% | 1.01x | 2.90x | $-15.54 Million |
| 2006 | 18.07% | 5.72% | 1.10x | 2.87x | $55.85 Million |
| 2007 | 22.35% | 7.34% | 1.14x | 2.68x | $93.98 Million |
| 2008 | 19.83% | 5.74% | 1.22x | 2.84x | $67.21 Million |
| 2009 | 29.58% | 12.38% | 1.00x | 2.40x | $176.01 Million |
| 2010 | 20.36% | 8.43% | 1.10x | 2.20x | $104.50 Million |
| 2011 | 17.01% | 6.03% | 1.09x | 2.60x | $65.11 Million |
| 2012 | 16.52% | 5.63% | 1.16x | 2.53x | $63.25 Million |
| 2013 | 32.52% | 12.04% | 0.70x | 3.86x | $305.62 Million |
| 2014 | 25.81% | 6.71% | 1.09x | 3.52x | $240.46 Million |
| 2015 | 26.74% | 7.61% | 1.09x | 3.24x | $273.47 Million |
| 2016 | 25.55% | 7.78% | 1.00x | 3.28x | $273.62 Million |
| 2017 | 25.51% | 7.77% | 1.00x | 3.28x | $273.02 Million |
| 2017 | 30.63% | 10.37% | 1.04x | 2.84x | $450.34 Million |
| 2018 | 27.62% | 10.52% | 1.07x | 2.46x | $470.76 Million |
| 2019 | 22.68% | 10.00% | 0.96x | 2.36x | $389.30 Million |
| 2020 | 14.20% | 6.92% | 0.90x | 2.29x | $136.37 Million |
| 2021 | 23.32% | 10.88% | 0.99x | 2.17x | $480.38 Million |
| 2022 | 28.08% | 12.15% | 1.06x | 2.18x | $663.09 Million |
| 2023 | 19.14% | 9.81% | 0.90x | 2.17x | $365.47 Million |
| 2024 | 18.28% | 9.60% | 0.95x | 2.01x | $364.70 Million |
Industry Comparison
This section compares Packaging Corp of America's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,492,337,289
- Average return on equity (ROE) among peers: 6.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Packaging Corp of America (PKG) | $4.76 Billion | 7.86% | 1.31x | $20.41 Billion |
| Ardagh Metal Packaging SA (AMBP) | $106.00 Million | -47.17% | 52.48x | $2.37 Billion |
| Amcor PLC (AMCR) | $4.82 Billion | 19.48% | 2.57x | $18.58 Billion |
| Avery Dennison Corp (AVY) | $809.90 Million | 26.60% | 2.20x | $12.88 Billion |
| Ball Corporation (BALL) | $330.80 Million | 15.48% | 0.94x | $15.81 Billion |
| Berry Global Group Inc (BERY) | $3.61 Billion | 14.30% | 3.60x | $7.83 Billion |
| Crown Holdings Inc (CCK) | $2.09 Billion | 24.38% | 6.41x | $11.45 Billion |
| DSS Inc (DSS) | $11.19 Million | -43.19% | 0.29x | $4.82 Million |
| Greif Bros Corporation (GEF) | $1.36 Billion | 15.49% | 1.56x | $1.69 Billion |
| Greif Inc (GEF-B) | $732.58 Million | 14.29% | 1.57x | $1.83 Billion |
| Graphic Packaging Holding Company (GPK) | $1.06 Billion | 21.58% | 3.36x | $3.31 Billion |
About Packaging Corp of America
Packaging Corporation of America manufactures and sells containerboard and uncoated freesheet (UFS) paper products in North America. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and display… Read more