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Packaging Corp of America vs Sonoco Products: PKG and SON compared
Packaging Corp of America is the larger company: $2.6B of revenue in its latest quarter (Q3 2026) against $2.0B for Sonoco Products (Q3 2026). Packaging Corp of America is growing faster (+12% against -4% a year earlier). Packaging Corp of America is more profitable, with an operating margin of 14.8% against -31.2%.
Where the money goes: PKG and SON
Packaging Corp of America (PKG) · Q3 2026
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.
Sonoco Products (SON) · Q3 2026
Sonoco Products, Q3 2026: revenue $2.0B (-4% year over year), operating margin -31.2%, net loss $732M, operating cash flow $285M. The chart follows the revenue to costs, profit and cash.
| Packaging Corp of America (PKG) | Sonoco Products (SON) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $2.6B | $2.0B |
| Revenue growth, Y/Y | +12% | -4% |
| Gross margin | 23.2% | — |
| Operating margin | 14.8% | -31.2% |
| Net earnings | $262M | −$732M |
| Net margin | 10.1% | -35.8% |
| Operating cash flow | $472M | $285M |
| Free cash flow | $224M | $222M |
| Market value | $22.1B | $5.0B |
| P/E | 30.4× | — |
| Analysts’ mean target | $269.22 | $57.12 |
Where the revenue comes from
Packaging Corp of America
- Packaging: $2.4B (93%)
- Paper: $163M (6%)
- Corporate and Other: $24.5M (1%)
Questions
Which is bigger, Packaging Corp of America or Sonoco Products?
Packaging Corp of America is the larger company: $2.6B of revenue in its latest quarter (Q3 2026) against $2.0B for Sonoco Products (Q3 2026).
Is Packaging Corp of America or Sonoco Products growing faster?
Packaging Corp of America is growing faster (+12% against -4% a year earlier).
Which is more profitable, Packaging Corp of America or Sonoco Products?
Packaging Corp of America is more profitable, with an operating margin of 14.8% against -31.2%.
More: Packaging Corp of America earnings · how Packaging Corp of America makes money · Sonoco Products earnings · how Sonoco Products makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.