Packaging Corp Of America Debt-to-Equity Ratio Growth & History (PKG)
Packaging Corp Of America's debt-to-equity ratio was 0.95 for fiscal 2025.
View full Packaging Corp Of America company overviewPackaging Corp Of America annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.95 | 0.32 | +50.85% |
| 2024 | 2024-12-31 | 0.63 | −0.16 | −20.72% |
| 2023 | 2023-12-31 | 0.79 | 0.03 | +4.22% |
| 2022 | 2022-12-31 | 0.76 | 0.00 | +0.56% |
| 2021 | 2021-12-31 | 0.76 | −0.09 | −10.19% |
| 2020 | 2020-12-31 | 0.84 | −0.05 | −5.28% |
| 2019 | 2019-12-31 | 0.89 | −0.05 | −4.92% |
| 2018 | 2018-12-31 | 0.94 | −0.28 | −22.89% |
| 2017 | 2017-12-31 | 1.21 | −0.30 | −19.88% |
| 2016 | 2016-12-31 | 1.52 | 0.10 | +6.72% |
| 2015 | 2015-12-31 | 1.42 | −0.14 | −9.18% |
| 2014 | 2014-12-31 | 1.56 | −0.33 | −17.52% |
| 2013 | 2013-12-31 | 1.90 | 1.08 | +133.29% |
| 2012 | 2012-12-31 | 0.81 | −0.04 | −4.91% |
| 2011 | 2011-12-31 | 0.85 | 0.18 | +26.72% |
| 2010 | 2010-12-31 | 0.67 | 0.04 | +6.02% |
| 2009 | 2009-12-31 | 0.64 | — | — |
Packaging Corp Of America quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.94 | 0.34 | +55.69% |
| Q1 2026 | 2026-03-31 | 0.95 | — | — |
| Q4 2025 | 2025-12-31 | 0.95 | 0.32 | +50.85% |
| Q3 2025 | 2025-09-30 | 0.92 | — | — |
| Q2 2025 | 2025-06-30 | 0.61 | −0.16 | −20.77% |
| Q4 2024 | 2024-12-31 | 0.63 | −0.16 | −20.72% |
| Q2 2024 | 2024-06-30 | 0.77 | 0.04 | +5.90% |
| Q1 2024 | 2024-03-31 | 0.78 | 0.04 | +5.90% |
| Q4 2023 | 2023-12-31 | 0.79 | 0.03 | +4.22% |
| Q3 2023 | 2023-09-30 | 0.71 | 0.01 | +2.03% |
| Q2 2023 | 2023-06-30 | 0.72 | 0.03 | +3.64% |
| Q1 2023 | 2023-03-31 | 0.74 | 0.01 | +1.52% |
| Q4 2022 | 2022-12-31 | 0.76 | 0.00 | +0.56% |
| Q3 2022 | 2022-09-30 | 0.70 | −0.25 | −26.20% |
| Q2 2022 | 2022-06-30 | 0.70 | −0.10 | −12.16% |
| Q1 2022 | 2022-03-31 | 0.73 | −0.09 | −11.11% |
| Q4 2021 | 2021-12-31 | 0.76 | −0.09 | −10.19% |
| Q3 2021 | 2021-09-30 | 0.95 | 0.10 | +11.16% |
| Q2 2021 | 2021-06-30 | 0.79 | −0.08 | −8.95% |
| Q1 2021 | 2021-03-31 | 0.82 | −0.05 | −5.48% |
| Q4 2020 | 2020-12-31 | 0.84 | −0.05 | −5.28% |
| Q3 2020 | 2020-09-30 | 0.85 | −0.05 | −5.55% |
| Q2 2020 | 2020-06-30 | 0.87 | −0.07 | −7.22% |
| Q1 2020 | 2020-03-31 | 0.87 | −0.11 | −10.95% |
| Q4 2019 | 2019-12-31 | 0.89 | −0.05 | −4.92% |
| Q3 2019 | 2019-09-30 | 0.90 | −0.09 | −8.64% |
| Q2 2019 | 2019-06-30 | 0.94 | −0.11 | −10.24% |
| Q1 2019 | 2019-03-31 | 0.98 | −0.12 | −11.33% |
| Q4 2018 | 2018-12-31 | 0.94 | −0.28 | −22.89% |
| Q3 2018 | 2018-09-30 | 0.99 | — | — |
| Q2 2018 | 2018-06-30 | 1.05 | −0.33 | −24.19% |
| Q1 2018 | 2018-03-31 | 1.10 | −0.34 | −23.86% |
| Q4 2017 | 2017-12-31 | 1.21 | −0.30 | −19.88% |
| Q2 2017 | 2017-06-30 | 1.38 | −0.01 | −0.85% |
| Q1 2017 | 2017-03-31 | 1.44 | −0.01 | −0.86% |
| Q4 2016 | 2016-12-31 | 1.52 | 0.10 | +6.72% |
| Q3 2016 | 2016-09-30 | 1.55 | 0.09 | +6.28% |
| Q2 2016 | 2016-06-30 | 1.39 | −0.10 | −6.66% |
| Q1 2016 | 2016-03-31 | 1.46 | −0.07 | −4.60% |
| Q4 2015 | 2015-12-31 | 1.42 | −0.14 | −9.18% |
| Q3 2015 | 2015-09-30 | 1.45 | −0.08 | −5.20% |
| Q2 2015 | 2015-06-30 | 1.49 | −0.16 | −9.88% |
| Q1 2015 | 2015-03-31 | 1.53 | −0.24 | −13.60% |
| Q4 2014 | 2014-12-31 | 1.56 | −0.33 | −17.52% |
| Q3 2014 | 2014-09-30 | 1.53 | 0.80 | +108.81% |
| Q2 2014 | 2014-06-30 | 1.66 | 0.88 | +114.62% |
| Q1 2014 | 2014-03-31 | 1.77 | 0.95 | +117.21% |
| Q4 2013 | 2013-12-31 | 1.90 | 1.08 | +133.29% |
| Q3 2013 | 2013-09-30 | 0.73 | −0.14 | −16.12% |
| Q2 2013 | 2013-06-30 | 0.77 | −0.56 | −41.95% |
| Q1 2013 | 2013-03-31 | 0.81 | −0.09 | −9.73% |
| Q4 2012 | 2012-12-31 | 0.81 | −0.04 | −4.91% |
| Q3 2012 | 2012-09-30 | 0.88 | 0.29 | +49.25% |
| Q2 2012 | 2012-06-30 | 1.33 | 0.77 | +137.65% |
| Q1 2012 | 2012-03-31 | 0.90 | 0.34 | +61.02% |
| Q4 2011 | 2011-12-31 | 0.85 | 0.18 | +26.72% |
| Q3 2011 | 2011-09-30 | 0.59 | −0.00 | −0.80% |
| Q2 2011 | 2011-06-30 | 0.56 | −0.06 | −9.84% |
| Q1 2011 | 2011-03-31 | 0.56 | — | — |
| Q4 2010 | 2010-12-31 | 0.67 | 0.04 | +6.02% |
| Q3 2010 | 2010-09-30 | 0.59 | — | — |
| Q2 2010 | 2010-06-30 | 0.62 | — | — |
| Q4 2009 | 2009-12-31 | 0.64 | — | — |
Packaging Corp Of America debt-to-equity ratio trends
Over the last five fiscal years, Packaging Corp Of America's debt-to-equity ratio increased from 0.84 to 0.95, a change of 0.11. The latest reported quarter, Q2 2026, shows 0.94.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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