Financial Statements

Packaging Corporation of America (PKG)

$143.92

+1.86 (+1.31%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 2,8362,7052,3161,867-
Net Income 841461696738669
Stock Dividends -196-31-9-221,436
Dividend Paid -379-300-299-268-238
Retained Earnings 3,1022,8362,7052,3161,867

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 3,4283,3863,1092,925-
Annual Depreciation 9444636777353,268
Capital Expenditure -605-421-400-551-343
Net PPE 3,7673,4283,3863,1092,925

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -883917919864
New Purchases ---146-110-127
Intangible and Goodwill 883917919864923

Packaging Corporation of America income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Packaging Corporation of America FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.