Flagship explainer

How PACKAGING CORP OF AMERICA makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$9.0B · 100%Cost of revenue$7.1B · 79%Gross profit$1.9B · 21%Operating income$1.1B · 12%Income before tax$1.0B · 11%Income tax$254M · 3%Net income$774M · 9%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$9.0B100%
Cost of revenue$7.1B79%
$1.9B21%
$1.1B12%
Income before tax$1.0B11%
Income tax$254M3%
$774M9%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
Embed this chart

View the full PACKAGING CORP OF AMERICA analysis at Buy Like Buffett