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Packaging Corp of America (PKG) operating margin by quarter

Packaging Corp of America's operating margin was 14.8% in Q3 2026 (third quarter 2026), +3.1 pts from Q2 2026. Over the last 7 quarters it ranged from 7.1% (Q4 2025) to 15.4% (Q2 2025).

Packaging Corp of America operating margin by quarterPackaging Corp of America operating margin by quarter13.1%Q1 202515.4%Q2 202514.0%Q3 20257.1%Q4 202510.6%Q1 202611.7%Q2 202614.8%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202614.8%+3.1 pts+0.8 pts
Q2 202611.7%+1.1 pts-3.7 pts
Q1 202610.6%+3.5 pts-2.5 pts
Q4 20257.1%-6.9 pts—
Q3 202514.0%-1.3 pts—
Q2 202515.4%+2.3 pts—
Q1 202513.1%——

Q3 2026 at a glance

Packaging Corp of America, Q3 2026: revenue $2.6B (+12% year over year), operating margin 14.8%, net earnings $262M, operating cash flow $472M. The chart follows the revenue to costs, profit and cash.

Questions

What is Packaging Corp of America's operating margin?

Packaging Corp of America's operating margin was 14.8% in Q3 2026 (third quarter 2026), +3.1 pts from Q2 2026.

How has Packaging Corp of America's operating margin changed?

Over the last 7 quarters it ranged from 7.1% (Q4 2025) to 15.4% (Q2 2025).

Q3 2026 results → · How Packaging Corp of America makes money →