Packaging Corp of America (PKG)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 765,200 | 787,600 | 866,900 | 965,700 | 1,029,800 | 1,034,700 | 1,022,900 | 928,700 | 841,000 | 748,000 | 636,400 | 485,800 | 461,000 | 473,700 | 514,400 | 651,300 | 696,400 | 764,800 | 791,700 | 784,700 |
| Revenue (ttm) | US$ in thousands | 7,717,200 | 7,752,600 | 7,939,800 | 8,213,600 | 8,363,200 | 8,305,800 | 8,173,700 | 7,815,000 | 7,480,100 | 7,299,000 | 6,993,000 | 6,658,500 | 6,572,600 | 6,578,400 | 6,634,200 | 6,855,700 | 6,877,900 | 6,904,500 | 6,989,000 | 8,786,200 |
| Net profit margin | 9.92% | 10.16% | 10.92% | 11.76% | 12.31% | 12.46% | 12.51% | 11.88% | 11.24% | 10.25% | 9.10% | 7.30% | 7.01% | 7.20% | 7.75% | 9.50% | 10.13% | 11.08% | 11.33% | 8.93% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $765,200K ÷ $7,717,200K
= 9.92%
Packaging Corp Of America's net profit margin has shown a decreasing trend in recent quarters, declining from 12.05% in Q4 2022 to 9.73% in Q4 2023. This indicates that the company's profitability relative to its revenue has decreased over this period. The highest net profit margin observed was 12.06% in Q2 2022, while the lowest was recorded in Q4 2023. Overall, there seems to be a downward trajectory in the net profit margin, suggesting potential challenges in managing costs or generating sufficient revenue to maintain profitability levels. Further analysis would be needed to understand the specific factors driving this trend and to evaluate the company's future financial performance.
Peer comparison
Dec 31, 2023