PACKAGING CORP OF AMERICA

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $5.8b $6.4b $7.0b $7.0b $6.7b $7.7b $8.5b $7.8b $8.4b $9.0b
Cost of Revenue $4.5b $5.0b $5.4b $5.3b $5.3b $5.9b $6.4b $6.1b $6.6b $7.1b
Gross Profit $1.3b $1.5b $1.6b $1.6b $1.4b $1.9b $2.1b $1.7b $1.8b $1.9b
Operating Costs and Expenses $18.4m $41.2m $32.7m $50.7m $54.8m $61.3m $42.9m $71.5m
Operating Income (Loss) $780.3m $931.2m $1.1b $1.1b $723.9m $1.2b $1.4b $1.1b $1.1b $1.1b
Additional Financial Items
Amortization of Intangible Assets $26.6m $35.7m $40.5m $38.6m $42.9m $37.7m $39.1m $38.3m $37.7m $49.6m
Capitalized Computer Software, Amortization $2.5m $2.3m $2.1m $900k $1.1m $1.6m $1.4m $600k $300k
Gain (Loss) Related to Litigation Settlement $0
Goodwill, Impairment Loss $55.2m $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $1.0b
Interest Income, Other $26.7m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $688.5m $828.6m $970.5m $917.0m $632.7m $1.1b $1.4b $1.0b $1.1b $1.0b
Net Income (Loss) Attributable to Parent $449.6m $668.6m $738.0m $696.4m $461.0m $841.1m $1.0b $765.2m $805.1m $774.1m
Net Income (Loss) Available to Common Stockholders, Basic $445.2m $663.0m $732.3m $691.2m $457.4m $834.7m $1.0b $759.0m $799.5m $768.9m
Earnings Per Share, Basic $4.76 $7.09 $7.82 $7.36 $4.86 $8.87 $11.08 $8.52 $8.97 $8.61
Earnings Per Share, Diluted $4.75 $7.07 $7.80 $7.34 $4.84 $8.83 $11.03 $8.48 $8.93 $8.58
Common Stock, Dividends, Per Share, Declared $2.36 $2.52 $3.00 $3.16 $3.37 $4.00 $4.75 $5.00 $5.00 $5.00
Weighted Average Number of Shares Outstanding, Basic 93.5m 93.5m 93.7m 93.8m 94.1m 94.1m 92.3m 89.1m 89.1m 89.3m
Weighted Average Number of Shares Outstanding, Diluted 93.7m 93.7m 93.9m 94.1m 94.4m 94.5m 92.7m 89.5m 89.5m 89.6m
Selling, General and Administrative Expense $471.1m $522.6m $536.4m $557.6m $539.6m $576.8m $608.6m $580.9m $610.3m $634.2m
Business Combination, Acquisition Related Costs $3.3m
Current Income Tax Expense (Benefit) $242.9m $244.5m $193.8m $160.3m $137.0m $208.2m $249.0m $243.7m $263.5m $156.4m
Other Cost and Expense, Operating ($1.8m)
Research and Development Expense $13.3m $12.8m $14.4m $16.0m $15.5m $14.5m
Income Tax Expense (Benefit) $238.9m $160.0m $232.5m $220.6m $171.7m $267.6m $335.0m $248.9m $259.3m $253.7m
Interest Income (Expense), Net ($91.8m) ($102.6m) ($128.8m) ($93.5m) ($152.4m) ($70.4m) ($53.3m) ($41.4m) ($79.1m)
Interest Income (Expense), Nonoperating, Net ($91.8m) ($102.6m) ($128.8m) ($93.5m) ($152.4m) ($70.4m) ($53.3m) ($41.4m) ($79.1m)
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component $7.9m ($2.3m) ($19.7m) ($14.5m) $7.7m ($4.5m) $100k
Other Operating Income (Expense), Net ($24.3m) $3.9m ($6.7m) ($6.7m) ($5.1m) ($12.9m) ($10.0m) ($1.5m) ($23.2m) ($148.4m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.