On this page of StockholderLetter.com we present the latest annual shareholder letter from PACKAGING CORP OF AMERICA — ticker symbol PKG. Reading current and past PKG letters to shareholders can bring important insights into the investment thesis.

012314564  89 9 1596  9      521  

_`  bcde  fgh  ijihklmk  nhflgo`p  pihji  mp  m  om`mqkp`  
rfh    si  it`hmfhluvmhkw  xhfy  nmozm{uv{    sm`  ivpghip  
`si  pmri    hmvpnfh`  fr  {fflp    f  uynmo`rgq  lupnqmkp  
`sm`  ymtuyu|i  }hmvl  hiof{vu  ufve  fgh  nhflgo`p  mhi  
lipu{vil  mvl  ymvgrmo`ghil    f  itoiil  itnio`m`ufvp  
mvl  liqujih  itoin`ufvmq  hipgq  p  rfh  fgh  ogp`fyihpw
~hujiv  }k  fgh  gv mjihuv{  ofyyu  yiv`    f  itoiqqivoie  
 i    hmvprfhy  fhluvmhk  nhflgo`p  uv`f  it`hmfhluvmhk  
nihrfhymvoi  rfh  mqq  fgh  p`mzisfqlihp  fgh  iynqfkiipe
fgh  ogp`fyihpe  fgh  uvjip`fhp  mvl    si  ofyygvu  uip  uv  
 suos   i  fnihm`iw









()*+,  ./00/1  ,2/.3  4,  54,267  /1  
9:;  <;=  >?@A  B9?CA  DEC:FGH;  
JKLMN  PQM  PRSTMN  UVWXYZ[  \]^
 • shareholder letter icon 3/27/2025 Letter Continued (Full PDF)
 • stockholder letter icon 3/23/2023 PKG Stockholder Letter
 • stockholder letter icon 3/28/2024 PKG Stockholder Letter
 • stockholder letter icon More "Packaging & Containers" Category Stockholder Letters
 • Benford's Law Stocks icon PKG Benford's Law Stock Score = 84


PKG Shareholder/Stockholder Letter Transcript:




012314564  89 9 1596  9      521  

_`  bcde  fgh  ijihklmk  nhflgo`p  pihji  mp  m  om`mqkp`  
rfh    si  it`hmfhluvmhkw  xhfy  nmozm{uv{    sm`  ivpghip  
`si  pmri    hmvpnfh`  fr  {fflp    f  uynmo`rgq  lupnqmkp  
`sm`  ymtuyu|i  }hmvl  hiof{vu  ufve  fgh  nhflgo`p  mhi  
lipu{vil  mvl  ymvgrmo`ghil    f  itoiil  itnio`m`ufvp  
mvl  liqujih  itoin`ufvmq  hipgq  p  rfh  fgh  ogp`fyihpw
~hujiv  }k  fgh  gv mjihuv{  ofyyu  yiv`    f  itoiqqivoie  
 i    hmvprfhy  fhluvmhk  nhflgo`p  uv`f  it`hmfhluvmhk  
nihrfhymvoi  rfh  mqq  fgh  p`mzisfqlihp  fgh  iynqfkiipe
fgh  ogp`fyihpe  fgh  uvjip`fhp  mvl    si  ofyygvu  uip  uv  
 suos   i  fnihm`iw









()*+,  ./00/1  ,2/.3  4,  54,267  /1  
9:;  <;=  >?@A  B9?CA  DEC:FGH;  
JKLMN  PQM  PRSTMN  UVWXYZ[  \]^



shareholder letter icon 3/27/2025 Letter Continued (Full PDF)
 

PKG Stockholder/Shareholder Letter (PACKAGING CORP OF AMERICA) | www.StockholderLetter.com
Copyright © 2023 - 2026, All Rights Reserved

Nothing in StockholderLetter.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.