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Lake Forest, Illinois-based Packaging Corporation of America (PKG) is a leading U.S. packaging company that manufactures corrugated packaging, containerboard, and related products. It helps businesses safely package and transport goods by providing customized packaging solutions, supported by manufacturing, design, and customer service. The company has a market capitalization of approximately $22.2 billion.
Shares of this leading packaging company have slightly underperformed the broader market over the past year. PKG has gained 16.2% over this period, while the broader S&P 500 Index ($SPX) has rallied 18.7%. However, PKG has climbed 19.6% so far this year, outperforming the S&P 500’s 12.2% year-to-date gain.
