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Packaging of America (Packaging of America) Retained Earnings : $3,447 Mil (As of Dec. 2023)


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What is Packaging of America Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Packaging of America's retained earnings for the quarter that ended in Dec. 2023 was $3,447 Mil.

Packaging of America's quarterly retained earnings increased from Jun. 2023 ($3,339 Mil) to Sep. 2023 ($3,371 Mil) and increased from Sep. 2023 ($3,371 Mil) to Dec. 2023 ($3,447 Mil).

Packaging of America's annual retained earnings increased from Dec. 2021 ($3,102 Mil) to Dec. 2022 ($3,187 Mil) and increased from Dec. 2022 ($3,187 Mil) to Dec. 2023 ($3,447 Mil).


Packaging of America Retained Earnings Historical Data

The historical data trend for Packaging of America's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Packaging of America Retained Earnings Chart

Packaging of America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,704.80 2,835.50 3,102.10 3,186.80 3,447.20

Packaging of America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,259.30 3,339.00 3,370.50 3,447.20 -

Packaging of America Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Packaging of America  (NYSE:PKG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Packaging of America (Packaging of America) Business Description

Traded in Other Exchanges
Address
1 North Field Court, Lake Forest, IL, USA, 60045
Packaging Corp of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 4 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. The firm differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.
Executives
Paul T Stecko director, officer: Chairman/Chief Exec. Officer
Kent A. Pflederer officer: VP, Gen. Counsel & Sec. PACKAGING CORPORATION OF AMERICA, 1955 W. FIELD CT., LAKE FOREST IL 60645
Donald R. Shirley officer: SVP 1 N. FIELD COURT, LAKE FOREST IL 60045
Bruce A Ridley officer: SVP 1 N. FIELD CT, LAKE FOREST IL 60045
Robert Andrew Schneider officer: SVP & CIO 1 N. FIELD CT, LAKE FOREST IL 60045
Thomas A Hassfurther officer: Senior VP-Sales & Marketing C/O PACKAGING CORPORATION OF AMERICA, 1900 WEST FIELD COURT, LAKE FOREST IL 60045
Charles J. Carter officer: VP-Containerboard 1900 W. FIELD CT., LAKE FOREST IL 60045
Robert P. Mundy officer: SVP 6775 LENOX CENTER COURT, SUITE 400, MEMPHIS TN 38115
Donna A. Harman director PACKAGING CORPORATION OF AMERICA, 1 N. FIELD CT., LAKE FOREST IL 60045
Darla J. Olivier officer: SVP 1 N. FIELD CT., LAKE FOREST IL 60045
Walton Thomas W.h. officer: SVP C/O PACKAGING CORPORATION OF AMERICA, 1900 W. FIELD CT., LAKE FOREST IL 60045
Jeffrey S Kaser officer: SVP 1 N FIELD CT, LAKE FOREST IL 60045
Robert C Lyons director 500 WEST MONROE ST, CHICAGO IL 60661
Pamela A. Barnes officer: SVP 1 N. FIELD CT, LAKE FOREST IL 60045
Samuel M Mencoff director, 10 percent owner BUCKEYE TECHNOLOGIES INC, 1001 TILLMAN STREET, MEMPHIS TN 38112

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