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Valued at $17.2 billion by market cap, Packaging Corporation of America (PKG), based in Lake Forest, Illinois, operates as a leading U.S. producer of containerboard and corrugated packaging. Operating through its Packaging and Paper segments, PKG provides essential products like shipping containers and protective packaging to industries such as food, beverages, and industrial goods.
The packaging giant has notably underperformed the broader market over the past year. PKG stock has gained 5.8% over the past 52 weeks and plunged 15.3% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 10.2% surge over the past year and 1.3% dip in 2025.