Packaging Corp of America (PKG)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,152,100 | 1,117,200 | 1,032,600 | 1,028,800 | 1,081,000 | 986,600 | 977,900 | 998,600 | 978,300 | 1,161,100 | 1,264,000 | 1,253,500 | 1,241,400 | 1,075,000 | 931,700 | 753,200 | 724,000 | 769,800 | 823,100 | 987,400 |
| Total assets | US$ in thousands | 8,833,200 | 8,753,800 | 8,982,100 | 8,857,000 | 8,881,400 | 8,177,600 | 8,106,500 | 8,049,000 | 8,003,800 | 8,344,400 | 8,340,600 | 8,137,800 | 7,836,800 | 8,630,800 | 7,673,600 | 7,549,000 | 7,433,200 | 7,372,600 | 7,272,000 | 7,347,600 |
| Operating ROA | 13.04% | 12.76% | 11.50% | 11.62% | 12.17% | 12.06% | 12.06% | 12.41% | 12.22% | 13.91% | 15.15% | 15.40% | 15.84% | 12.46% | 12.14% | 9.98% | 9.74% | 10.44% | 11.32% | 13.44% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,152,100K ÷ $8,833,200K
= 13.04%
Packaging Corp of America's operating return on assets (Operating ROA) has shown some fluctuations over the periods provided. The Operating ROA started at 13.44% as of March 31, 2020, and experienced some decline throughout the next few quarters, reaching a low of 9.74% by December 31, 2020.
However, there was a gradual improvement in the Operating ROA from March 31, 2021, where it increased to 9.98%, and continued to increase steadily, peaking at 15.84% by December 31, 2021. This high was followed by some fluctuation in the Operating ROA, with slight decreases and increases over the subsequent quarters.
Overall, the Operating ROA of Packaging Corp of America has demonstrated a general upward trend, with some minor fluctuations. This indicates that the company has been effectively utilizing its assets to generate operating profits, with the highest performance observed at the end of 2021. It is essential for investors and stakeholders to continue monitoring the Operating ROA trend for further insights into the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024