美国包装 2025年三季度报告

Packaging Corporation of America Reports Second Quarter 2025 July 23, 2025 LAKE FOREST, Ill.--(BUSINESS WIRE)--Jul. 23, 2025--Packaging Corporation of America(NYSE: PKG) billionin 2024. Diluted earnings per share attributable toPackaging Corporation of Americashareholders $.13, higher prices and mix in the Paper segment$.04and lower tax rate$.02. These items were partially offsetby higher operating costs ($.30), higher maintenance outage expense ($.21), lower production and export salesvolume in the Packaging Segment ($.13), higher depreciation expense ($.10), higher fixed and other expense($.09), lower volume in the Paper segment ($.02), higher freight expense ($.02) and higher interest expense Results were$.07above second quarter guidance of$2.41per share primarily due to lower operating costs andfiber costs. Financial information by segment is summarized below and in the schedules with this release. Three Months EndedJune 3020252024 Packaging$346.3 Packaging Packaging$452.9 30.3 to satisfaction of certain conditions, including regulatory approval.”We present our earnings expectation for the upcoming quarter excluding special items as special items aredifficult to predict and quantify and may reflect the effect of future events. We expect to incur acquisition and forward-looking statements involve inherent risks and uncertainties, the plans, actions and actual results of PCAcould differ materially. The factors that could cause plans, actions and results to differ materially from PCA’scurrent expectations include the following: the impact of general economic conditions; conditions in the paper environmental matters, as well as those identified under Item 1A. Risk Factors in PCA’s Annual Report on Form10-K for the year endedDecember 31, 2024filed with theSecurities and Exchange Commissionand availableat the SEC’s website at “www.sec.gov”.Conference Call Information: Packaging Corporationof America’s 2nd Quarter 2025 Earnings ConferenceCallConference ID:Packaging Corporation of America PRE-REGISTRATION:https://dpregister.com/sreg/10195048/fe1ab3f0a8CALL-IN NUMBER:(833) 816-1102 (U.S.); (866) 605-3852 (Canada) or (412) 317-0684(International) WEBCAST INFO:www.packagingcorp.com Passcode: 7135826Packaging Corporation of America Consolidated Earnings ResultsUnaudited(dollars in millions, except per-share data)Three MonthsEndedSix Months EndedJune 30,June 30,2025202420252024 Gross profit Selling, general, and administrative expenses(153.2)(149.5) -1.1 Income before taxes320.6 Provision for income taxes Net income $241.5$198.9$445.3$345.9 Less: Distributed and undistributed income available to Diluted weighted average shares outstanding Supplemental financial information:Capital spending facilities, partially offset by closure costs related to corrugated products facilities. These items wererecorded in “Cost of sales” and “Other expense, net”, as appropriate. $1.6 millionof charges related to the announced Greif, Inc. acquisition, which were recorded in “Otherexpense, net.”The three and six months endedJune 30, 2024include the following: net”, as appropriate.$0.1 millionof charges consisting of closure costs related to corrugated products facilities. For the six related to a favorable lease buyout for a closed corrugated products facility during the first quarter of 2024.These items were recorded in "Cost of sales" and "Other expense, net", as appropriate.Packaging Corporation of America Reconciliation of Non-GAAP Financial Measures Three Months Ended June 30,June 30,202520242025Segment operating income$346.3$279.8$624.4$483.6 Jacksonmill conversion-related activities $25.8$26.7$61.4 (0.4)1.20.01-- and because these measures are frequently used by investors and other interested parties in the evaluation ofcompanies and their performance. Any analysis of non-GAAP financial measures should be done only inconjunction with results presented in accordance with GAAP. The non-GAAP measures are not intended to besubstitutes for GAAP financial measures and should not be used as such.Pre-tax special items are tax-effected at a combined federal and state income tax rate in effect for the periodthe special items were recorded and this rate is adjusted for each subsequent quarter to be consistent with the Amount may not foot due to rounding. Reconciliation of Non-GAAP Financial MeasuresUnaudited EBITDA and EBITDA Excluding Special Items Depreciation, amortization, and depletion131.8120.1 Depreciation, amortization, and depletion4.5 EBITDA(1)30.331.2Jacksonmill conversion-related activities-(0.6)EBITDA excluding special items(1)$30.3$30.6 Corporate and OtherSegment operating loss$(38.4)$(30.5)$(71.8)$(68.0Depreciation, amortization, and depletion4.43.99.4(1)(34.0)(26.6)(62.4)Acquisition and integration-related costs1.6-1.6