Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 2.16B | 5.1% |
| Gross Profit | 505M | 15.4% |
| Cost of Revenue | 1.84B | 2.9% |
| Operating expense | 190M | 11.7% |
| Net Income | 238M | 19.7% |
| EBITDA | 320M | 141.8% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 8.75B | 2.5% |
| Total Liabilities | 4.49B | 7.5% |
| Total Equity | 4.26B | 3.3% |
| Shares Outstanding | 89M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 327M | 17.5% |
| Cash from investing | 249M | 202.7% |
| Cash from financing | -513M | 349.2% |
EPS
Financial Highlights for Packaging Corporation of America in Q3 '24
Packaging Corporation of America reported a revenue of 2.16B, which is a 5.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 505M, marking a 15.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.84B, a 2.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 190M, showing a 11.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 238M, showing a 19.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 320M, showing a 141.8% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Packaging Corporation of America with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
