Packaging Corporation of America reported third quarter 2026 net income of $262 million, or $2.93 per share, exceeding $2.91 guidance, and forecast fourth quarter earnings of $2.81 per share, excluding special items.
PKG · Packaging Corp Of America
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Packaging Corporation of America reported third quarter 2026 net income of $262 million, or $2.93 per share, and $272 million, or $3.04 per share excluding special items. It expects fourth quarter earnings of $2.81 per share, excluding special items.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Consolidated EBITDA non-GAAP | $467.5M | Three Months Ended June 30, 2026 filing | -1.5% |
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| Consolidated EBITDA excluding special items non-GAAP | $485.7M | Three Months Ended June 30, 2026 filing | +7.7% |
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GAAP → non-GAAP reconciliationGAAP Net income 192.1M
-1.1M Non-operating pension income
+33.3M Interest expense, net
+66.9M Income tax provision
+176.3M Depreciation, amortization, and depletion
+8.6M Facilities closure and other costs (income)
+3.3M Acquisition and integration-related costs
+6.3M Wallula mill restructuring
= EBITDA excluding special items 485.7M
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| Corporate and Other EBITDA non-GAAP | -$51.1M | Three Months Ended June 30, 2026 filing | — |
| Corporate and Other EBITDA excluding special items non-GAAP | -$42M | Three Months Ended June 30, 2026 filing | — |
| Earnings per diluted share, excluding special items non-GAAP | $2.35 | Three Months Ended June 30, 2026 filing | -5.2% |
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GAAP → non-GAAP reconciliationGAAP Earnings per diluted share, as reported in accordance with GAAP $2.15
+$0.12 Facilities closure and other costs (income)
+$0.03 Acquisition and integration-related costs
+$0.05 Wallula mill restructuring
= Earnings per diluted share excluding special items $2.35
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| Net income excluding special items non-GAAP | $210.1M | Three Months Ended June 30, 2026 filing | -6.3% |
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GAAP → non-GAAP reconciliationGAAP Net income 192.1M
+10.7M Facilities closure and other costs (income) (d)
+2.5M Acquisition and integration-related costs (e)
+4.8M Wallula mill restructuring (f)
= Net income excluding special items 210.1M
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| Packaging EBITDA non-GAAP | $479.5M | Three Months Ended June 30, 2026 filing | — |
| Packaging EBITDA excluding special items non-GAAP | $488.6M | Three Months Ended June 30, 2026 filing | — |
| Paper EBITDA non-GAAP | $39.1M | Three Months Ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Packaging & Containers — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
PKG
this stock
Packaging Corp Of America
|
$23.21B | +25.7% | +7.2% | 33.8 | 3.6% |
|
SW
Smurfit Westrock plc
|
$23.50B | +16.9% | +47.7% | 50.3 | 4.4% |
|
AMCR
Amcor plc
|
$22.42B | — | +56.6% | 20.4 | 5.1% |
|
IP
International Paper Co
|
$18.60B | -9.5% | +49.3% | — | 0.0% |
|
BALL
BALL Corp
|
$17.54B | +27.2% | +11.6% | 34.2 | 3.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Oct 22, 2026
- This year
- 14
Packaging Corporation of America reported third quarter 2026 net income of $262 million, or $2.93 per share, and $272 million, or $3.04 per share excluding special items. It expects fourth quarter earnings of $2.81 per share, excluding special items.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| PKG | +4.3% | +14.1% | +17.8% | +0.9% | +25.7% |
| SPY | -0.7% | -1.3% | +2.5% | +1.5% | +12.5% |
| vs SPY | +5.0% | +15.4% | +15.3% | -0.6% | +13.2% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.