
Q2 FY26 · Ended Jun 30, 2026 · View SEC filing
Operating profit fell on charges, not on boxes
Gross profit grew while sales rose 14.7%; overhead absorbed the gain and closure charges turned it into a decline.
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Net interest absorbed 11.4% of operating income against 3.9% a year earlier, so net profit fell faster than operating profit.
Paper brings 6.3% of sales but 11.8% of operating income, a richer margin than the box business beside it.
The dividend rose to $1.50 a share as diluted earnings fell, so it now claims 69.8% of each share's earnings.
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Business Lens describes Packaging Corporation of America from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.