Packaging Corp of America (PKG)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,101,300 | 1,075,100 | 978,400 | 843,600 | 371,500 |
| Total assets | US$ in thousands | 8,833,200 | 8,681,100 | 8,003,800 | 7,836,800 | 7,433,200 |
| Operating ROA | 12.47% | 12.38% | 12.22% | 10.76% | 5.00% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,101,300K ÷ $8,833,200K
= 12.47%
Packaging Corp of America's operating return on assets (operating ROA) has shown a positive trend over the years, increasing from 5.00% in December 2020 to 12.47% in December 2024. This improvement indicates that the company has been able to generate more operating income relative to its total assets, which is a positive sign of operational efficiency. The consistent growth in operating ROA demonstrates the company's ability to effectively utilize its assets to drive profitability. It suggests that Packaging Corp of America has been successful in managing its operations and maximizing its asset efficiency over the years, which could potentially lead to increased shareholder value in the long term.
Peer comparison
Dec 31, 2024