Packaging Corp of America (PKG)
Return on assets (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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 803,300 | 771,400 | 718,200 | 722,000 | 765,200 | 787,600 | 865,000 | 961,200 | 1,023,300 | 1,026,700 | 1,015,100 | 921,700 | 834,700 | 742,400 | 631,500 | 482,200 | 457,500 | 470,000 | 510,400 | 646,300 |
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 |
ROA | 9.09% | 8.81% | 8.00% | 8.15% | 8.62% | 9.63% | 10.67% | 11.94% | 12.79% | 12.30% | 12.17% | 11.33% | 10.65% | 8.60% | 8.23% | 6.39% | 6.15% | 6.37% | 7.02% | 8.80% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $803,300K ÷ $8,833,200K
= 9.09%
Packaging Corp of America's return on assets (ROA) has shown fluctuations over the analyzed periods. Initially, ROA started at 8.80% in March 2020 and declined gradually to 6.15% by December 2020. Subsequently, there was an upward trend in ROA from March 2021 to June 2022, peaking at 12.30% in September 2022.
However, ROA experienced a slight dip in the following quarters but remained above the initial levels. For the most recent data available, ROA stands at 9.09% as of December 31, 2024. This indicates that Packaging Corp of America continues to generate a positive return on its assets, with variations in performance over the periods analyzed. A more detailed analysis incorporating industry benchmarks and trend analysis could provide further insights into the company's asset utilization efficiency.
Peer comparison
Dec 31, 2024