Packaging Corporation of America

Halal Rating :
Comfortable
Last Price $214
Market Cap $19.12b
1D Change

0.0 %

1 Year Change

29.2 %

Next Earnings Date

Yet to be announced

Company Overview

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Paper segment sells commodity and specialty papers, as well as communication papers.

Revenue Sources

Pass

After reviewing PKG's business segments and revenue sources, the company's primary revenue streams come from containerboard production, corrugated packaging products, and paper manufacturing. These are all halal business activities as they involve the production and sale of tangible goods that serve legitimate business purposes.

Reliance on Interest

Pass
Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $2.18b $1.86b - $9.7m 0.00% 0.52%
June 30, 2024 $2.08b $1.81b - $9.3m 0.00% 0.51%
March 31, 2024 $1.98b $1.79b - $9.6m 0.00% 0.54%
Dec. 31, 2023 $1.94b $1.69b - $11.0m 0.00% 0.65%

Based on the financial data provided for the last four quarters, PKG's interest expenses relative to total expenses have remained consistently low. Interest expense ratios for all quarters were well below the 5% threshold that would indicate material reliance on interest-based financing.

Operational Ethics

Pass

After reviewing available company information, SEC filings, and public records, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in North America.

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