Packaging Corp of America (PKG) — Tangible Net Worth Ratio
Packaging Corp of America (PKG) has a Tangible Net Worth Ratio of 85.5% as of September 2025. This metric is calculated by deducting intangible assets ($690.60 Million) from net assets ($4.76 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See PKG working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Packaging Corp of America Tangible Net Worth Ratio (1998–2024)
This chart shows how Packaging Corp of America's Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 85.5%, reflecting net assets of $4.76 Billion with intangible assets of $690.60 Million USD. See operational self-sufficiency of Packaging Corp of America to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Packaging Corp of America (1998–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Packaging Corp of America from 1998 to 2024, covering 28 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of Packaging Corp of America.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 95.6% | $4.40 Billion | $191.90 Million | $8.83 Billion | ▲ +1.4 pp |
| 2023 | 94.3% | $4.00 Billion | $229.60 Million | $8.68 Billion | ▲ +1.6 pp |
| 2022 | 92.7% | $3.67 Billion | $267.90 Million | $8.00 Billion | ▲ +1.2 pp |
| 2021 | 91.5% | $3.61 Billion | $308.40 Million | $7.84 Billion | ▲ +0.6 pp |
| 2020 | 90.9% | $3.25 Billion | $295.90 Million | $7.43 Billion | ▲ +1.9 pp |
| 2019 | 89.0% | $3.07 Billion | $338.80 Million | $7.24 Billion | ▲ +3.1 pp |
| 2018 | 85.8% | $2.67 Billion | $378.20 Million | $6.57 Billion | ▲ +4.6 pp |
| 2017 | 81.2% | $2.18 Billion | $410.00 Million | $6.20 Billion | ▼ -3.4 pp |
| 2017 | 84.6% | $2.39 Billion | $367.00 Million | $5.78 Billion | ▲ +5.5 pp |
| 2016 | 79.1% | $1.76 Billion | $367.10 Million | $5.78 Billion | ▼ -4.3 pp |
| 2015 | 83.4% | $1.63 Billion | $270.80 Million | $5.28 Billion | ▲ +2.7 pp |
| 2014 | 80.7% | $1.52 Billion | $293.50 Million | $5.35 Billion | ▲ +3.6 pp |
| 2013 | 77.1% | $1.36 Billion | $310.54 Million | $5.24 Billion | ▼ -18.9 pp |
| 2012 | 96.1% | $969.46 Million | $38.28 Million | $2.45 Billion | ▼ -1.3 pp |
| 2011 | 97.3% | $928.91 Million | $25.04 Million | $2.41 Billion | ▼ -1.6 pp |
| 2010 | 98.9% | $1.01 Billion | $10.97 Million | $2.22 Billion | ▲ +0.2 pp |
| 2009 | 98.7% | $898.85 Million | $11.79 Million | $2.15 Billion | ▲ +0.5 pp |
| 2008 | 98.1% | $683.95 Million | $12.67 Million | $1.94 Billion | ▼ 0.0 pp |
| 2007 | 98.2% | $760.86 Million | $13.75 Million | $2.04 Billion | ▲ +0.3 pp |
| 2006 | 97.9% | $691.77 Million | $14.71 Million | $1.99 Billion | ▲ +2.4 pp |
| 2005 | 95.5% | $681.42 Million | $30.93 Million | $1.97 Billion | ▼ -1.8 pp |
| 2004 | 97.3% | $817.57 Million | $22.11 Million | $2.08 Billion | ▼ -2.0 pp |
| 2003 | 99.3% | $797.48 Million | $5.50 Million | $1.99 Billion | ▼ -0.2 pp |
| 2002 | 99.5% | $795.88 Million | $3.85 Million | $1.98 Billion | ▲ +0.0 pp |
| 2001 | 99.5% | $769.83 Million | $4.04 Million | $1.97 Billion | ▼ -0.3 pp |
| 2000 | 99.7% | $687.42 Million | $1.76 Million | $1.94 Billion | ▲ +0.0 pp |
| 1999 | 99.7% | $519.20 Million | $1.50 Million | $2.15 Billion | ▲ +5.2 pp |
| 1998 | 94.5% | $908.40 Million | $50.10 Million | $1.37 Billion | — |