Is it safe?
Can PKG take a bad year?
Packaging Corporation of America carries $3.42B of net debt at 1.88× EBITDA: a load its earnings can carry.
$3.42B
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.88×
Net debt / EBITDA · 0.95× a year ago · the load is going up
- Altman Z-score
- 4.00
Altman Z-score · safe zone, above 3
- Debt / equity
- 0.86×
Debt / equity
Details›
- Total debtQ1 2026
- $3.97B
- Cash and short-term investments
- $544M
- Net debt
- $3.42B
- EBITDA, trailing twelve months
- $1.82B
- Operating profit, trailing twelve months
- $1.08B
- Debt / equity
- 0.86×
- Total debt / EBITDA
- 2.18×
- Annualised volatilitytwo years of daily moves
- 27%
- Worst drawdown on file
- −38%
- Below its 52-week high
- −4.2%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Packaging & Containers
Ranks #9 of 15 by Smart Score