Packaging Corp of America (PKG)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,783,100 | 1,698,900 | 2,090,600 | 1,873,000 | 1,369,400 |
| Revenue | US$ in thousands | 8,383,300 | 7,802,400 | 8,478,000 | 7,730,300 | 6,658,200 |
| Gross profit margin | 21.27% | 21.77% | 24.66% | 24.23% | 20.57% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,783,100K ÷ $8,383,300K
= 21.27%
Packaging Corp of America's gross profit margin has shown a steady increase from 20.57% in December 31, 2020, to 24.23% in December 31, 2021, and further to 24.66% in December 31, 2022. This upward trend indicates an improvement in the company's ability to control production costs and generate profits from its sales. However, in December 31, 2023, the gross profit margin decreased to 21.77%, which may indicate a potential increase in production costs or pricing pressure. The margin remained relatively stable at 21.27% in December 31, 2024, suggesting that the company may be managing its costs effectively to maintain profitability. Overall, Packaging Corp of America's gross profit margin performance demonstrates a mix of positive and concerning trends that warrant further investigation into the factors influencing these fluctuations.
Peer comparison
Dec 31, 2024