CSIMarket
 


Packaging Corp Of America  (PKG)
Other Ticker:  
 

Packaging Of America's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Packaging Of America in the third quarter 2023?
Packaging Corp Of America achieved a return on average equity (ROE) of 20.78 % in its third quarter 2023, which is below Packaging Of America's average return on equity, which stands at 26.78%.

ROE decreased relative to the period ending , due to the decline in net income.

Within the Containers & Packaging industry 2 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 314, from total ROE ranking in the second quarter 2023 at 597.

What is ROE?



Return On Equity (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity Change -2.12 % -2.92 % -0.57 % 1.66 % -
Y / Y Net Income Change -30.21 % -32.77 % -25.22 % -2.31 % 4.71 %
Net Income (TTM) in Millions 788 867 966 1,030 1,035
Return On Equity (TTM) 20.78 % 22.75 % 25.15 % 26.78 % 27.01 %
PKG's Total Ranking # 314 # 597 # 539 # 562 # 550
Equity (TTM) in Millions 3,887 3,849 3,758 3,667 3,971
Seq. Equity Change 1 % 2.42 % 2.47 % -7.66 % 0.17 %
Seq. Net Income Change -9.62 % 6.63 % -10.16 % -19.39 % -12.94 %

Return On Equity Company Ranking
Within: No.
Industry # 3
Sector # 51
Overall # 314

Return On Equity Statistics
High Average Low
39.88 %
26.78 %
14.48 %
(March 31, 2014)   (Dec 31 2020)





PKG Annual Return On Equity (Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
(Dec 31 2018)
2018
Total Equity in Millions 3,667 3,607 3,246 3,071 2,672
Y / Y Equity Change 1.66 % 11.12 % 5.71 % 14.92 % 22.44 %
Net Income in Millions 1,030 841 461 696 738
Y / Y Net Income Change 22.43 % 82.45 % -33.8 % -5.64 % 10.38 %
Return On Equity 28.08 % 23.32 % 14.2 % 22.68 % 27.62 %





Annual Roe Comment
In 2022 ROE improved to 28.08 % compared to the previous year, due to net income growth.


More Return On Equity Ratios
Containers & Packaging Industry Roe Trends and Statistics
Basic Materials Sector Return On Equity Statistics
PKG's' Return on Equity at Yahoo Finance
PKG's Roe Ratio versus Containers & Packaging Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for PKG's Competitors
Return On Equity for Packaging Of America's Suppliers
Roe for PKG's Customers




Companies with similar Return On Equity at Sep 30 2023, within Basic Materials Sector ROE
Energy Fuels Inc   48.27 %
Newmarket Corporation  46.27 %
Tecnoglass Inc   46.26 %
Beacon Roofing Supply Inc   44.61 %
Cardinal Ethanol Llc  43.48 %
Xpel Inc   42.03 %
Armstrong World Industries Inc   40.47 %
Eagle Materials Inc   39.94 %
Cabot Corporation  38.23 %
Sylvamo Corporation  37.65 %
Albemarle Corporation  36.26 %
Southern Copper Corp  36.04 %
Novagold Resources Inc  35.17 %
The Clorox Company  33.50 %
Procter and Gamble Co  33.11 %
Wd 40 Company  32.81 %
Trex Co Inc  32.34 %
Clearwater Paper Corporation  32.29 %
Steel Dynamics Inc   32.27 %
Celanese Corporation  32.16 %
Perpetua Resources Corp   32.05 %
Janus International Group Inc   31.18 %
Mueller Industries Inc   30.78 %
Titan International Inc   30.28 %
Graphic Packaging Holding Co  28.91 %
Boise Cascade Company  27.16 %
Nucor Corporation  26.19 %
Avient Corporation  25.30 %
Rpm International Inc   25.13 %
Apogee Enterprises Inc   24.96 %


Date modified: 2023-11-04T20:08:59+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com