For the quarter ending 2026-03-31, PKG had -$131,900K decrease in cash & cash equivalents over the period. $164,600K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 170,900 | 101,800 | 227,000 | 241,500 |
| Depreciation, depletion, and amortization of intangibles | 225,200 | 221,600 | 152,600 | 140,600 |
| Amortization of deferred financing costs | 800 | 800 | 3,500 | 500 |
| Share-based compensation expense | 15,300 | 8,600 | 8,500 | 10,300 |
| Deferred income tax provision | 17,400 | -12,100 | 106,600 | -6,000 |
| Net loss on asset disposals | -1,600 | -44,100 | -5,000 | 23,500 |
| Pension and post-retirement benefits expense, net of contributions | -300 | -1,900 | -1,900 | -2,100 |
| Other, net | 300 | -7,200 | 3,800 | 4,800 |
| Accounts receivable | 79,100 | -100,300 | 59,500 | 31,000 |
| Inventories | 15,000 | -32,500 | 8,400 | 4,000 |
| Prepaid expenses and other current assets | 18,500 | 4,500 | -26,000 | -49,100 |
| Accounts payable | 36,500 | -54,500 | -17,400 | 2,600 |
| Accrued liabilities | -39,400 | -16,700 | 70,000 | -47,200 |
| Federal and state income taxes payable/receivable | -13,000 | -30,000 | 47,400 | 40,200 |
| Net cash provided by operating activities | 329,300 | 446,600 | 472,200 | 299,600 |
| Additions to property, plant, and equipment | 164,700 | 319,000 | 192,100 | 169,700 |
| Acquisition of business, net of cash acquired | 14,800 | 0 | 1,804,300 | - |
| Additions to other long-term assets | 1,900 | 300 | 200 | 300 |
| Proceeds from asset disposals | 600 | 100 | 300 | 32,300 |
| Purchases of held-to-maturity debt securities | - | 0 | - | - |
| Proceeds from maturities of held-to-maturity debt securities | - | 0 | 0 | - |
| Purchase of short-term investment in time deposit | 50,000 | - | - | - |
| Purchases of available-for-sale debt securities | 57,400 | 14,200 | 27,300 | 40,400 |
| Proceeds from sales of available-for-sale debt securities | 8,100 | 21,900 | 6,600 | 3,900 |
| Proceeds from maturities of available-for-sale debt securities | 19,200 | 26,000 | 16,600 | 31,400 |
| Net cash used for investing activities | -260,900 | -285,500 | -2,000,400 | -142,800 |
| Repayments of debt and finance lease obligations | 600 | 600 | 600 | 500 |
| Proceeds from issuance of debt, net of discount and lender fees | - | 0 | 1,494,100 | - |
| Financing costs paid | - | -200 | 6,500 | - |
| Common stock dividends paid | 111,900 | 112,500 | 112,400 | 112,400 |
| Repurchases of common stock | 58,800 | 153,000 | - | - |
| Shares withheld to cover employee restricted stock taxes | 29,000 | 200 | 300 | 7,700 |
| Net cash used for financing activities | -200,300 | -266,100 | 1,374,300 | -120,600 |
| Net (decrease) increase in cash and cash equivalents | -131,900 | -105,000 | -153,900 | 36,200 |
| Cash and cash equivalents, beginning of period | 529,000 | 634,000 | 787,900 | 751,700 |
| Cash and cash equivalents, end of period | 397,100 | 529,000 | 634,000 | 787,900 |
PACKAGING CORP OF AMERICA (PKG)
PACKAGING CORP OF AMERICA (PKG)