Packaging Corporation of America PKG NYSE

Packaging Corporation of America (PKG) generated $1.56B in operating cash flow for fiscal year 2025. After capital expenditures of $828.9M, free cash flow was $728.6M.

Free cash flow margin was 8.1% of revenue. Cash conversion ratio was 2.03x, indicating earnings are backed by cash.

The company returned $449.6M in dividends and $153M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (83/100, Pass) — demonstrate the company can comfortably service its debt
• MOAT (50/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (45/100) — Cash conversion ratio was 2.03x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 60/100 with 3/7 criteria passed.