Packaging Return On Assets from 2010 to 2024

PKG Stock  USD 245.30  1.20  0.49%   
Packaging Corp's Return On Assets are increasing over the last several years with slightly volatile swings. Return On Assets are predicted to flatten to 0.06. Return On Assets is a profitability ratio that indicates the percentage of profit Packaging Corp of earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.08814551
Current Value
0.0575
Quarterly Volatility
0.02246686
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Packaging Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Packaging Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 276.8 M, Interest Expense of 64.8 M or Total Revenue of 4.4 B, as well as many indicators such as Price To Sales Ratio of 1.0, Dividend Yield of 0.0354 or PTB Ratio of 2.62. Packaging financial statements analysis is a perfect complement when working with Packaging Corp Valuation or Volatility modules.
  
Check out the analysis of Packaging Corp Correlation against competitors.

Latest Packaging Corp's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Packaging Corp of over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Packaging Corp's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Packaging Corp's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Packaging Return On Assets Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.08
Coefficient Of Variation26.69
Mean Deviation0.02
Median0.08
Standard Deviation0.02
Sample Variance0.0005
Range0.0764
R-Value0.43
Mean Square Error0.0004
R-Squared0.18
Significance0.11
Slope0
Total Sum of Squares0.01

Packaging Return On Assets History

2024 0.0575
2023 0.0881
2022 0.13
2020 0.062
2019 0.0962
2017 0.11
2016 0.0778

About Packaging Corp Financial Statements

Packaging Corp stakeholders use historical fundamental indicators, such as Packaging Corp's Return On Assets, to determine how well the company is positioned to perform in the future. Although Packaging Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Packaging Corp's assets and liabilities are reflected in the revenues and expenses on Packaging Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Packaging Corp of. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.09  0.06 

Currently Active Assets on Macroaxis

When determining whether Packaging Corp is a strong investment it is important to analyze Packaging Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Packaging Corp's future performance. For an informed investment choice regarding Packaging Stock, refer to the following important reports:
Check out the analysis of Packaging Corp Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Paper & Plastic Packaging Products & Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Packaging Corp. If investors know Packaging will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Packaging Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.3
Dividend Share
5
Earnings Share
8.57
Revenue Per Share
91.752
Quarterly Revenue Growth
0.127
The market value of Packaging Corp is measured differently than its book value, which is the value of Packaging that is recorded on the company's balance sheet. Investors also form their own opinion of Packaging Corp's value that differs from its market value or its book value, called intrinsic value, which is Packaging Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Packaging Corp's market value can be influenced by many factors that don't directly affect Packaging Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Packaging Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Packaging Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Packaging Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.