PKG NYSE
Credit Risk of going bust: lower than 80% of companies Debt: 16.3% of company value Bonds: $64.5M held by 135 funds, 74 bp over Treasuries → details ▾
If the stock fell to about $2.73 (down 99%), Packaging Corporation of America would be worth roughly what it owes.
Total debt $4.40B against a stock market value of $22.54B.
Distance to default 9.78 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $1.98B (short-term plus half of long-term), stock volatility 28.0%; Altman Z 4.06. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Lake Forest, IL 60045
US
Packaging Corporation of America (PCA) is a U.S.-based enterprise specializing in the production and sale of containerboard and corrugated packaging materials. Its operations are organized into two primary divisions: Packaging and Paper. The Packaging division offers an extensive array of containerboard and corrugated solutions. These encompass conventional shipping containers designed for safeguarding and transporting manufactured goods, vibrant multi-color boxes and point-of-sale displays aimed at enhancing product merchandising in retail environments, and honeycomb protective packaging. This segment also provides specialized packaging for perishable goods like meat and fresh produce, processed foods, beverages, and a broad spectrum of other industrial and consumer products. Its corrugated offerings reach customers through a multi-channel approach, utilizing a dedicated direct sales and marketing team, independent brokers, and various distribution partners. Meanwhile, the Paper segment focuses on manufacturing and distributing a range of commodity and specialty papers. This includes communication papers, such as standard cut-size office paper, along with specialized printing and converting papers. Sales of its white paper products are managed directly by its internal sales and marketing organization. Tracing its origins back to 1867, Packaging Corporation of America maintains its corporate headquarters in Lake Forest, Illinois.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Shirley Donald R. | S-Sale | 12,000 | $250.71 | 2026-08-20 |
| Hassfurther Thomas A | S-Sale | 7,063 | $254.00 | 2026-08-07 |
| Hassfurther Thomas A | S-Sale | 8,797 | $257.00 | 2026-08-05 |
| Hassfurther Thomas A | S-Sale | 12,531 | $250.00 | 2026-08-03 |
| KOWLZAN MARK W | S-Sale | 9,266 | $217.08 | 2026-05-27 |