Question 1

What is Packaging Corporation of America's P/FCF ratio?

Accepted Answer

Packaging Corporation of America (PKG) P/FCF ratio is 29.0× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Packaging Corporation of America?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Packaging Corporation of America specifically, the relevant sector benchmark is the current sector median of 17.1×.

Question 5

Is Packaging Corporation of America's P/FCF ratio high or low?

Accepted Answer

Packaging Corporation of America's P/FCF ratio of 29.0× is above its own 5-year average of 24.4× and above the sector median of 17.1×. That places the current reading at the 68th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Packaging Corporation of America's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Packaging Corporation of America (PKG) P/FCF ratio has ranged from a low of 8.8× in 2009 to a high of 96.0× in 2010. The 5-year average is 24.4× and the 5-year median is 25.4×.

Question 7

What was Packaging Corporation of America's P/FCF ratio in 2025?

Accepted Answer

Packaging Corporation of America (PKG) P/FCF ratio at the end of 2025 was 25.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Packaging Corporation of America's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$18.6B	$729M	25.5×	-13.1×	Dec 31, 2025
2024	$20.1B	$520M	38.6×	+21.3×	Dec 31, 2024
2023	$14.6B	$845M	17.3×	+0.0×	Dec 31, 2023
2022	$11.6B	$671M	17.3×	-8.9×	Dec 31, 2022
2021	$12.8B	$489M	26.1×	+4.8×	Dec 31, 2021
2020	$13B	$612M	21.3×	+8.2×	Dec 31, 2020
2019	$10.6B	$808M	13.1×	+0.7×	Dec 31, 2019
2018	$7.81B	$629M	12.4×	-9.6×	Dec 31, 2018
2017	$11.3B	$513M	22.0×	+6.9×	Dec 31, 2017
2016	$7.95B	$527M	15.1×	+1.4×	Dec 31, 2016
2015	$6.15B	$448M	13.7×	-10.6×	Dec 31, 2015
2014	$7.69B	$316M	24.3×	+8.0×	Dec 31, 2014
2013	$6.12B	$374M	16.4×	+2.9×	Dec 31, 2013
2012	$3.7B	$276M	13.4×	-33.2×	Dec 31, 2012
2011	$2.44B	$52.2M	46.7×	-49.4×	Dec 31, 2011
2010	$2.6B	$27.1M	96.0×	+83.8×	Dec 31, 2010
2009	$2.34B	$192M	12.2×	+2.2×	Dec 31, 2009
2008	$1.36B	$136M	10.0×	-5.7×	Dec 31, 2008
2007	$2.93B	$187M	15.7×	+1.2×	Dec 31, 2007
2006	$2.3B	$158M	14.5×	-5.7×	Dec 31, 2006
2005	$2.37B	$117M	20.2×	-3.4×	Dec 31, 2005
2004	$2.52B	$107M	23.6×	+6.1×	Dec 31, 2004
2003	$2.3B	$132M	17.5×	+3.1×	Dec 31, 2003
2002	$1.91B	$133M	14.4×	—	Dec 31, 2002


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Wynn Resorts (WYNN)	15.1×
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MGM Resorts (MGM)	5.5×
Ford Motor (F)	4.8×
General Motors (GM)	4.3×

P/FCF Ratio for Packaging Corporation of America (PKG) 2002-2026

P/FCF Ratio daily chart for Packaging Corporation of America (PKG)

Historical P/FCF Ratio for Packaging Corporation of America (PKG) from 2002 to 2025

About P/FCF Ratio at Packaging Corporation of America (PKG)

Packaging Corporation of America P/FCF Ratio by Year

Packaging Corporation of America P/FCF Ratio 2025: 25.5×

Packaging Corporation of America P/FCF Ratio 2024: 38.6×

Packaging Corporation of America P/FCF Ratio 2023: 17.3×

Packaging Corporation of America P/FCF Ratio 2022: 17.3×

Packaging Corporation of America P/FCF Ratio 2021: 26.1×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Packaging Corporation of America (PKG) Key Financials