# PKG · Packaging Corp Of America

Snapshot 2026-10-26 · CIK 0000075677 · NYSE · Paperboard Containers & Boxes

Price 247.29 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 22.03 B

Machine-readable: https://theclaudetrader.com/s/PKG.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 63.7 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2013–2025 · price 2026-10-23 · verification {'verified': 14, 'mismatch': 0, 'unverified': 21, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 8.99 revenue $B · threshold >= 1 · points 5.0/5
- 2a Current ratio: 2.94  · threshold >= 2.0 · points 15.0/15
- 2b Long-term debt vs working capital: 1.76 LTD / WC · threshold <= 1.0 · points 3.7/15
- 3 Positive earnings each of 10 years: 10 of 10  · threshold 10 of 10 · points 15.0/15
- 4 Dividends every year for 20 years: 20 of 20  · threshold 20 of 20 · points 15.0/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: 4.40 -> 8.66 (+97%)  · threshold >= +33% · points 10.0/10
- 6 P/E on 3-year average EPS: 28.5  · threshold <= 15 · points 0.0/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 4.73, product 134.9  · threshold <= 1.5 or <= 22.5 · points 0.0/10

Inputs:
  - Price (close, per traded unit): 247.29 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 8989300000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - current_assets: 3423600000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - current_liabilities: 1163900000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - lt_debt: 3968900000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - equity: 4661900000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - Net income FY2016: 449600000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000156459019005284/ · unverified
  - Net income FY2017: 668600000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000156459020006774/ · unverified
  - Net income FY2018: 738000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000156459021008051/ · unverified
  - Net income FY2019: 696400000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017022001913/ · unverified
  - Net income FY2020: 461000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017023003990/ · unverified
  - Net income FY2021: 841100000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017024022794/ · unverified
  - Net income FY2022: 1029800000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017025028533/ · unverified
  - Net income FY2023: 765200000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Net income FY2024: 805100000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Net income FY2025: 774100000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Dividend years (Yahoo): [2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/PKG/history?filter=div · verified (partly: XBRL covers 13 of 20 years)
  - Dividends per share FY2013 (XBRL): 1.51 · 2013-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000007567716000030/ · verified
  - Dividends per share FY2014 (XBRL): 1.6 · 2014-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000007567717000004/ · verified
  - Dividends per share FY2015 (XBRL): 2.2 · 2015-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000156459018003690/ · verified
  - Dividends per share FY2016 (XBRL): 2.36 · 2016-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000156459019005284/ · verified
  - Dividends per share FY2017 (XBRL): 2.52 · 2017-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000156459020006774/ · verified
  - Dividends per share FY2018 (XBRL): 3.0 · 2018-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000156459021008051/ · verified
  - Dividends per share FY2019 (XBRL): 3.16 · 2019-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000095017022001913/ · verified
  - Dividends per share FY2020 (XBRL): 3.37 · 2020-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000095017023003990/ · verified
  - Dividends per share FY2021 (XBRL): 4.0 · 2021-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000095017024022794/ · verified
  - Dividends per share FY2022 (XBRL): 4.75 · 2022-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000095017025028533/ · verified
  - Dividends per share FY2023 (XBRL): 5.0 · 2023-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · verified
  - Dividends per share FY2024 (XBRL): 5.0 · 2024-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · verified
  - Dividends per share FY2025 (XBRL): 5.0 · 2025-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · verified
  - EPS diluted FY2014: 3.99 · 2014-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/75677/000007567717000004/ · unverified
  - EPS diluted FY2015: 4.47 · 2015-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/75677/000156459018003690/ · unverified
  - EPS diluted FY2016: 4.75 · 2016-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/75677/000156459019005284/ · unverified
  - EPS diluted FY2023: 8.48 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - EPS diluted FY2024: 8.93 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - EPS diluted FY2025: 8.58 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Shares outstanding: 89098299.0 · 2026-07-31 · SEC cover page 10-Q 0001193125-26-339405 (89,098,299 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/pkg-20260630.htm · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/R1.htm

### Magic Formula: 18.1 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: operating_income_q, debt_incl_current · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula
-  Earnings yield (EBIT/EV): 4.05 % · threshold  · points /
-  Return on capital (EBIT/(NWC+PPE)): 14.24 % · threshold  · points /
-  Combined rank: 282  · threshold  · points /

Inputs:
  - operating_income: 1107000000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/
  - operating_income_q: 251300000.0 · 2026-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) · https://www.sec.gov/Archives/edgar/data/75677/000119312526213675/
  - operating_income_q: 280300000.0 · 2025-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) · https://www.sec.gov/Archives/edgar/data/75677/000119312526213675/
  - operating_income_q: 291200000.0 · 2026-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/
  - operating_income_q: 333700000.0 · 2025-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/
  - current_assets: 3423600000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/
  - current_liabilities: 1163900000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/
  - cash: 442800000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/
  - ppe_net: 5010500000.0 · 2026-06-30 · SEC XBRL PropertyPlantAndEquipmentNet · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/
  - debt_incl_current: 3992500000.0 · 2025-12-31 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/
  - shares_out: 89098299.0 · 2026-07-31 · SEC cover page 10-Q 0001193125-26-339405 (89,098,299 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/pkg-20260630.htm · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/R1.htm
  - Price (close): 247.29 · 2026-10-23 · Yahoo Finance / Alpaca Market Data · 
  - note: debt = LongTermDebt (incl. current maturities) ·  ·  · 

### Momentum: 72.4 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: 15.9 % · threshold  · points 31.0/50
-  6 month return: 16.5 % · threshold  · points 15.1/20
-  Price / 52-week high: 0.967  · threshold  · points 14.5/15
-  Volatility penalty (60d annualised): 21.3 % · threshold  · points 11.7/15

Inputs:
  - Adjusted close series (14 months): 247.29 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 0.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold  · points 0.0/35
-  Distinct buyers: 0  · threshold  · points 0.0/25
-  Buyer seniority: 0.0  · threshold  · points 0.0/20
-  Recency (half-life 30d): 0.0  · threshold  · points 0.0/10
-  Sales penalty (excludes 10b5-1 plan sales): 4.63 bp · threshold  · points -9.0/0

Inputs:
  - Form 4 S Shirley Donald R. 2026-08-20: 3008520.0 · 2026-08-20 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/75677/000119312526363053/
  - Form 4 S Hassfurther Thomas A 2026-08-07: 1794002.0 · 2026-08-07 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/75677/000119312526343705/
  - Form 4 S Hassfurther Thomas A 2026-08-05: 2260829.0 · 2026-08-05 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/75677/000119312526334657/
  - Form 4 S Hassfurther Thomas A 2026-08-03: 3132750.0 · 2026-08-03 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/75677/000119312526334657/

### Buffett Quality: 65.5 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: debt_incl_current · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 47, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): 21.3% over 8 yrs  · threshold >= 15% · points 25.0/25
- 2 Profitable every year: 10 of 10  · threshold all years · points 15.0/15
- 3 Net income growth, 3-yr average now vs start of window: +3.4% a year  · threshold >= +10% · points 3.4/10
- 4 Borrowings / 3-yr average earnings (years to repay): 5.1 years · threshold <= 4 · points 10.8/15
- 5 Operating margin, 5-yr average: 14.4%  · threshold >= 20% · points 5.3/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 0.77  · threshold >= 1.0 · points 5.4/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 3.2%  · threshold >= 7% · points 0.6/15

Inputs:
  - Price (close, per traded unit): 247.29 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2018: 738000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000156459021008051/ · unverified
  - Equity at FY2018 end: 2672400000.0 · 2018-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/75677/000156459020006774/ · unverified
  - Net income FY2019: 696400000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017022001913/ · unverified
  - Equity at FY2019 end: 3071000000.0 · 2019-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/75677/000156459021008051/ · unverified
  - Net income FY2020: 461000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017023003990/ · unverified
  - Equity at FY2020 end: 3246300000.0 · 2020-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/75677/000095017022001913/ · unverified
  - Net income FY2021: 841100000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017024022794/ · unverified
  - Equity at FY2021 end: 3607200000.0 · 2021-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/75677/000095017023003990/ · unverified
  - Net income FY2022: 1029800000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017025028533/ · unverified
  - Equity at FY2022 end: 3667100000.0 · 2022-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/75677/000095017024022794/ · unverified
  - Net income FY2023: 765200000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Equity at FY2023 end: 3997300000.0 · 2023-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/75677/000095017025028533/ · unverified
  - Net income FY2024: 805100000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Equity at FY2024 end: 4404000000.0 · 2024-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Net income FY2025: 774100000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Equity at FY2025 end: 4598000000.0 · 2025-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - Net income FY2016: 449600000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000156459019005284/ · unverified
  - Net income FY2017: 668600000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000156459020006774/ · unverified
  - Net income FY2018: 738000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000156459021008051/ · unverified
  - Net income FY2019: 696400000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017022001913/ · unverified
  - Net income FY2020: 461000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017023003990/ · unverified
  - Net income FY2021: 841100000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017024022794/ · unverified
  - Net income FY2022: 1029800000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017025028533/ · unverified
  - Net income FY2023: 765200000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Net income FY2024: 805100000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Net income FY2025: 774100000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - debt_incl_current: 3992500000.0 · 2025-12-31 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Operating income FY2021: 1241400000.0 · 2021-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017024022794/ · unverified
  - Revenue FY2021: 7730300000.0 · 2021-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/75677/000095017024022794/ · unverified
  - Operating income FY2022: 1420700000.0 · 2022-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017025028533/ · unverified
  - Revenue FY2022: 8478000000.0 · 2022-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/75677/000095017025028533/ · unverified
  - Operating income FY2023: 1075100000.0 · 2023-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Revenue FY2023: 7802400000.0 · 2023-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Operating income FY2024: 1101300000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Revenue FY2024: 8383300000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Operating income FY2025: 1107000000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Revenue FY2025: 8989300000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Operating cash flow FY2021: 1094100000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/75677/000095017024022794/ · unverified
  - Capital expenditure FY2021: 605100000.0 · 2021-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/75677/000095017024022794/ · unverified

### Lynch GARP: 48.7 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: debt_incl_current · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 5, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): 2.38  · threshold <= 1.0 · points 0.0/30
- 2 EPS growth, 5-yr compound rate: +12.1% a year  · threshold 12% to 35% a year · points 20.0/20
- 3 P/E on latest annual EPS: 28.8  · threshold <= 25 · points 7.5/10
- 4 Borrowings / equity: 0.86  · threshold <= 0.5 · points 9.7/15
- 5 Years of the last 5 in which EPS rose: 3 of 5  · threshold 5 of 5 · points 9.0/15
- 6 Net cash (cash minus borrowings) / market cap: -16.1%  · threshold >= +10% · points 2.5/10

Inputs:
  - Price (close, per traded unit): 247.29 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - EPS diluted FY2025: 8.58 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - EPS diluted FY2020: 4.84 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/75677/000095017023003990/ · unverified
  - debt_incl_current: 3992500000.0 · 2025-12-31 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - equity: 4661900000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - cash: 442800000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified

### Graham Enterprising: 55.9 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: debt_incl_current · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 11, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: 2.94  · threshold >= 1.5 · points 15.0/15
- 2 Borrowings vs working capital: 1.77 x · threshold <= 1.1x · points 5.9/15
- 3 No earnings deficit in the last 5 years: 5 of 5 profitable  · threshold 5 of 5 · points 15.0/15
- 4 Pays a current dividend: yes  · threshold yes · points 10.0/10
- 5 EPS higher than five years earlier: 4.84 -> 8.58  · threshold higher · points 10.0/10
- 6 Price / book value per share: 4.73  · threshold <= 1.2 · points 0.0/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points 0.0/15

Inputs:
  - Price (close, per traded unit): 247.29 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - current_assets: 3423600000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - current_liabilities: 1163900000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - debt_incl_current: 3992500000.0 · 2025-12-31 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Net income FY2021: 841100000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017024022794/ · unverified
  - Net income FY2022: 1029800000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000095017025028533/ · unverified
  - Net income FY2023: 765200000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Net income FY2024: 805100000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Net income FY2025: 774100000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - Dividend years (Yahoo): [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/PKG/history?filter=div
  - EPS diluted FY2025: 8.58 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - EPS diluted FY2020: 4.84 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/75677/000095017023003990/ · unverified
  - equity: 4661900000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - Shares outstanding: 89098299.0 · 2026-07-31 · SEC cover page 10-Q 0001193125-26-339405 (89,098,299 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/pkg-20260630.htm · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/R1.htm

### Piotroski F-Score: 44.4 (ok) · complete: True · missing tests: none · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 27, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: 7.2%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 2 Operating cash flow is positive: 1,558M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 3 Return on assets improved on the prior year: 9.1% -> 7.2%  · threshold pass = 1 · points 0.0/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): 1,558M vs 774M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: 28.0% -> 37.0%  · threshold pass = 1 · points 0.0/11.11111111111111
- 6 Current ratio improved: 3.23 -> 3.17  · threshold pass = 1 · points 0.0/11.11111111111111
- 7 No new shares issued (share count did not rise): 90M -> 89M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): 13.1% -> 12.3%  · threshold pass = 1 · points 0.0/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.95 -> 0.84  · threshold pass = 1 · points 0.0/11.11111111111111

Inputs:
  - net_income 2025-12-31: 774100000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - total_assets 2025-12-31: 10725500000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - cfo 2025-12-31: 1557500000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - net_income 2025-12-31: 774100000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - net_income 2024-12-31: 805100000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - total_assets 2025-12-31: 10725500000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - total_assets 2024-12-31: 8833200000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - cfo 2025-12-31: 1557500000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - net_income 2025-12-31: 774100000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - lt_debt 2025-12-31: 3967300000.0 · 2025-12-31 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - lt_debt 2024-12-31: 2474200000.0 · 2024-12-31 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - total_assets 2025-12-31: 10725500000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - total_assets 2024-12-31: 8833200000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - current_assets 2025-12-31: 3213700000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - current_assets 2024-12-31: 3233000000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - current_liabilities 2025-12-31: 1015100000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - current_liabilities 2024-12-31: 1001600000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - shares_out 2026-07-31: 89098299.0 · 2026-07-31 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - shares_out 2025-08-01: 89978783.0 · 2025-08-01 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/75677/000119312525175122/ · unverified
  - operating_income 2025-12-31: 1107000000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - operating_income 2024-12-31: 1101300000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - revenue 2025-12-31: 8989300000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - revenue 2024-12-31: 8383300000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - revenue 2025-12-31: 8989300000.0 · 2025-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - revenue 2024-12-31: 8383300000.0 · 2024-12-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified
  - total_assets 2025-12-31: 10725500000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/ · unverified
  - total_assets 2024-12-31: 8833200000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/ · unverified

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 247.29 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: 89,098,299 underlying shares, period 2026-07-31, SEC cover page 10-Q 0001193125-26-339405 (89,098,299 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/pkg-20260630.htm, accession 0001193125-26-339405 · https://www.sec.gov/Archives/edgar/data/75677/000119312526339405/R1.htm
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): 22,033,118,360 USD; 247.29 (price 2026-10-23) / 1 x 89,098,299 (shares at 2026-07-31) = 22,033,118,360

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2013 (ended 2013-12-31): 3665300000.0 · https://www.sec.gov/Archives/edgar/data/75677/000007567716000030/
- FY2014 (ended 2014-12-31): 5852600000.0 · https://www.sec.gov/Archives/edgar/data/75677/000007567717000004/
- FY2015 (ended 2015-12-31): 5741700000.0 · https://www.sec.gov/Archives/edgar/data/75677/000156459018003690/
- FY2016 (ended 2016-12-31): 5779000000.0 · https://www.sec.gov/Archives/edgar/data/75677/000156459019005284/
- FY2017 (ended 2017-12-31): 6444900000.0 · https://www.sec.gov/Archives/edgar/data/75677/000156459020006774/
- FY2018 (ended 2018-12-31): 7014600000.0 · https://www.sec.gov/Archives/edgar/data/75677/000156459021008051/
- FY2019 (ended 2019-12-31): 6964300000.0 · https://www.sec.gov/Archives/edgar/data/75677/000095017022001913/
- FY2020 (ended 2020-12-31): 6658200000.0 · https://www.sec.gov/Archives/edgar/data/75677/000095017023003990/
- FY2021 (ended 2021-12-31): 7730300000.0 · https://www.sec.gov/Archives/edgar/data/75677/000095017024022794/
- FY2022 (ended 2022-12-31): 8478000000.0 · https://www.sec.gov/Archives/edgar/data/75677/000095017025028533/
- FY2023 (ended 2023-12-31): 7802400000.0 · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/
- FY2024 (ended 2024-12-31): 8383300000.0 · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/
- FY2025 (ended 2025-12-31): 8989300000.0 · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/

## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-12-31): 441300000.0 · https://www.sec.gov/Archives/edgar/data/75677/000007567716000030/
- FY2014 (ended 2014-12-31): 392600000.0 · https://www.sec.gov/Archives/edgar/data/75677/000007567717000004/
- FY2015 (ended 2015-12-31): 436800000.0 · https://www.sec.gov/Archives/edgar/data/75677/000156459018003690/
- FY2016 (ended 2016-12-31): 449600000.0 · https://www.sec.gov/Archives/edgar/data/75677/000156459019005284/
- FY2017 (ended 2017-12-31): 668600000.0 · https://www.sec.gov/Archives/edgar/data/75677/000156459020006774/
- FY2018 (ended 2018-12-31): 738000000.0 · https://www.sec.gov/Archives/edgar/data/75677/000156459021008051/
- FY2019 (ended 2019-12-31): 696400000.0 · https://www.sec.gov/Archives/edgar/data/75677/000095017022001913/
- FY2020 (ended 2020-12-31): 461000000.0 · https://www.sec.gov/Archives/edgar/data/75677/000095017023003990/
- FY2021 (ended 2021-12-31): 841100000.0 · https://www.sec.gov/Archives/edgar/data/75677/000095017024022794/
- FY2022 (ended 2022-12-31): 1029800000.0 · https://www.sec.gov/Archives/edgar/data/75677/000095017025028533/
- FY2023 (ended 2023-12-31): 765200000.0 · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/
- FY2024 (ended 2024-12-31): 805100000.0 · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/
- FY2025 (ended 2025-12-31): 774100000.0 · https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)

- FY2013 (ended 2013-12-31): 4.52 [filed 4.52, split factor 1.0]
- FY2014 (ended 2014-12-31): 3.99 [filed 3.99, split factor 1.0]
- FY2015 (ended 2015-12-31): 4.47 [filed 4.47, split factor 1.0]
- FY2016 (ended 2016-12-31): 4.75 [filed 4.75, split factor 1.0]
- FY2017 (ended 2017-12-31): 7.07 [filed 7.07, split factor 1.0]
- FY2018 (ended 2018-12-31): 7.8 [filed 7.8, split factor 1.0]
- FY2019 (ended 2019-12-31): 7.34 [filed 7.34, split factor 1.0]
- FY2020 (ended 2020-12-31): 4.84 [filed 4.84, split factor 1.0]
- FY2021 (ended 2021-12-31): 8.83 [filed 8.83, split factor 1.0]
- FY2022 (ended 2022-12-31): 11.03 [filed 11.03, split factor 1.0]
- FY2023 (ended 2023-12-31): 8.48 [filed 8.48, split factor 1.0]
- FY2024 (ended 2024-12-31): 8.93 [filed 8.93, split factor 1.0]
- FY2025 (ended 2025-12-31): 8.58 [filed 8.58, split factor 1.0]

## Dividend years (Yahoo history)

2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026

## Insider transactions (SEC Form 4 data set, latest 40)

- 2026-08-20 S Shirley Donald R. (officer) 12000 @ 250.71 = 3008520 · https://www.sec.gov/Archives/edgar/data/75677/000119312526363053/
- 2026-08-07 S Hassfurther Thomas A (Pres) 7063 @ 254.00 = 1794002 · https://www.sec.gov/Archives/edgar/data/75677/000119312526343705/
- 2026-08-05 S Hassfurther Thomas A (Pres) 8797 @ 257.00 = 2260829 · https://www.sec.gov/Archives/edgar/data/75677/000119312526334657/
- 2026-08-03 S Hassfurther Thomas A (Pres) 12531 @ 250.00 = 3132750 · https://www.sec.gov/Archives/edgar/data/75677/000119312526334657/
- 2026-05-27 S KOWLZAN MARK W (CEO) 9266 @ 217.08 = 2011463 · https://www.sec.gov/Archives/edgar/data/75677/000119312526245605/

## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0000075677
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000075677.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000075677&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000075677&type=8-K
- yahoo: https://finance.yahoo.com/quote/PKG
- stooq: https://stooq.com/q/d/?s=pkg.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=PKG
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=PKG
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/pkg/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/PKG
- openinsider (link only, nothing stored): http://openinsider.com/search?q=PKG
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=PKG+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/PKG; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.