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U.S. Paper Packaging Industry Analysis

UpdatedApr 22, 2026
DataAggregated Company Financials
Companies11
  • 7D-0.8%
  • 3M-7.5%
  • 1Y-9.9%
  • YTDn/a

The Paper Packaging is pretty flat in the last 7 days, but Sonoco Products has stood out, gaining 3.5%. As for the longer term, the industry has declined 9.9% in the last year. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

Has the U.S. Paper Packaging Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Apr 2026US$102.5bUS$108.9bUS$641.8m21.6x159.8x0.9x
Fri, 20 Mar 2026US$103.5bUS$114.6bUS$1.3b18.2x82.4x0.9x
Sun, 15 Feb 2026US$128.8bUS$114.2bUS$810.4m27.5x159x1.1x
Tue, 13 Jan 2026US$115.9bUS$112.3bUS$3.3b21.9x34.9x1x
Thu, 11 Dec 2025US$104.9bUS$112.3bUS$3.3b20.4x31.6x0.9x
Sat, 08 Nov 2025US$103.4bUS$112.3bUS$3.4b20.2x30.9x0.9x
Mon, 06 Oct 2025US$115.7bUS$106.3bUS$3.3b21.3x35.4x1.1x
Wed, 03 Sep 2025US$120.3bUS$106.3bUS$3.3b21.5x36.8x1.1x
Fri, 01 Aug 2025US$121.9bUS$102.7bUS$4.0b23x30.2x1.2x
Sun, 29 Jun 2025US$114.8bUS$97.0bUS$4.2b22.9x27.3x1.2x
Tue, 27 May 2025US$115.8bUS$97.1bUS$4.2b22.7x27.5x1.2x
Thu, 24 Apr 2025US$106.8bUS$90.9bUS$4.2b19.2x25.5x1.2x
Sat, 22 Mar 2025US$117.6bUS$95.9bUS$4.0b21.1x29.4x1.2x
Mon, 17 Feb 2025US$127.1bUS$97.2bUS$4.3b19.5x29.4x1.3x
Wed, 15 Jan 2025US$117.9bUS$92.5bUS$4.1b20.2x29.1x1.3x
Fri, 13 Dec 2024US$121.3bUS$92.5bUS$4.1b21.2x29.9x1.3x
Sun, 10 Nov 2024US$121.4bUS$92.1bUS$4.3b21.8x28.3x1.3x
Tue, 08 Oct 2024US$115.3bUS$87.2bUS$4.6b27x24.9x1.3x
Thu, 05 Sep 2024US$114.8bUS$87.2bUS$4.6b26.7x24.8x1.3x
Sat, 03 Aug 2024US$110.9bUS$87.3bUS$4.6b24.2x24.3x1.3x
Mon, 01 Jul 2024US$96.7bUS$95.1bUS$3.7b22.7x25.9x1x
Wed, 29 May 2024US$101.6bUS$95.1bUS$3.7b22.5x27.2x1.1x
Fri, 26 Apr 2024US$91.1bUS$96.4bUS$1.7b20.2x54.8x0.9x
Sun, 24 Mar 2024US$95.6bUS$96.7bUS$1.8b20.8x54x1x
Tue, 20 Feb 2024US$84.5bUS$91.6bUS$1.4b20x60.5x0.9x
Thu, 18 Jan 2024US$83.4bUS$92.8bUS$2.3b15.5x36.9x0.9x
Sat, 16 Dec 2023US$83.8bUS$92.8bUS$2.3b15.8x37.1x0.9x
Mon, 13 Nov 2023US$76.8bUS$92.8bUS$2.2b14.4x35.6x0.8x
Wed, 11 Oct 2023US$77.0bUS$95.2bUS$3.5b11x22.1x0.8x
Fri, 08 Sep 2023US$74.7bUS$95.2bUS$3.5b11.1x21.4x0.8x
Sun, 06 Aug 2023US$78.8bUS$95.5bUS$3.4b11.7x23x0.8x
Tue, 04 Jul 2023US$74.0bUS$97.5bUS$4.1b12x17.9x0.8x
Thu, 01 Jun 2023US$70.2bUS$97.5bUS$4.1b11.5x16.9x0.7x
Sat, 29 Apr 2023US$76.6bUS$97.6bUS$6.4b12.7x12x0.8x
Price to Earnings Ratio

12x


Total Market Cap: US$76.6bTotal Earnings: US$6.4bTotal Revenue: US$97.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Paper Packaging Industry Price to Earnings3Y Average 36x202420252026
Current Industry PE
  • Investors are optimistic on the American Paper Packaging industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 160x which is higher than its 3-year average PE of 36.0x.
  • The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.94x.
Past Earnings Growth
  • The earnings for companies in the Paper Packaging industry have declined 53% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.7% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.S. Paper Packaging compare with similar industries?

US Market1.31%
Materials-1.94%
Packaging-1.18%
Paper Packaging-0.83%
Metal and Glass Containers-1.90%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SON Sonoco ProductsUS$56.793.5%
+US$190.4m		26.2%PE9.5x
ORBS Eightco HoldingsUS$0.932.9%
+US$171.4m		-10.2%PS10.6x
PKG Packaging Corporation of AmericaUS$210.530.3%
+US$53.1m		12.9%PE24.2x
AMCR AmcorUS$41.100.2%
+US$41.6m		-14.0%PE31.9x
PACK Ranpak HoldingsUS$4.1810.3%
+US$33.4m		12.4%PS0.9x

Latest News

SON
US$56.79
Sonoco Products
7D
3.5%
1Y
26.2%
SW
US$41.22
Smurfit Westrock
7D
-2.1%
1Y
-0.8%

SW: Cost Resets Through Quebec Closures And Reliable Dividend Will Support Future Upside

Analysts have adjusted Smurfit Westrock's price target from about $59.07 to $55.13. This change reflects updated assumptions around revenue growth, profit margins and a slightly different future P/E multiple.
IP
US$35.44
International Paper
7D
-3.0%
1Y
-23.8%
GPK
US$9.74
Graphic Packaging Holding
7D
0.2%
1Y
-61.6%
PKG
US$210.53
Packaging Corporation of America
7D
0.3%
1Y
12.9%

PKG: 2026 Pricing And Buybacks Are Expected To Support Balanced Outlook

Analysts have trimmed the Packaging Corporation of America price target by about $4 to $226.40, reflecting updated views on softer revenue growth, margin pressure, a slightly higher discount rate, and a higher future P/E assumption following recent sector research and price target revisions from major firms. Analyst Commentary Recent research on Packaging Corporation of America shows a mix of optimism and caution, with multiple firms adjusting price targets in both directions and one major bank highlighting sector headwinds tied to containerboard pricing.
AMCR
US$41.10
Amcor
7D
0.2%
1Y
-14.0%

AMCR: Future Returns Will Hinge On Post Reverse Split Multiple Re Rating

Amcor's updated analyst price target edges lower to $51.66 from $52.54 as analysts balance tempered valuation assumptions, including a slightly lower future P/E, against modestly higher modeled revenue growth and profit margins following recent mixed research calls. Analyst Commentary Recent research on Amcor reflects a split view, with some analysts turning more constructive while others are growing more cautious.
AVY
US$169.46
Avery Dennison
7D
-0.8%
1Y
-3.1%

AVY: 2026 Outlook Will Rely On Intelligent Labels And Margin Execution

Avery Dennison's analyst price target has edged down by about $2 to $210, as analysts balance slightly softer assumptions for growth, margins, and discount rates with a still constructive view, which is reflected in recent target revisions and a new bullish initiation. Analyst Commentary Recent research on Avery Dennison shows a mix of optimism and caution, with several firms adjusting price targets in both directions.
PACK
US$4.18
Ranpak Holdings
7D
10.3%
1Y
12.4%

PACK: Automation Expansion And 2026 Guidance Will Support Strong Upside Potential

Analysts now hold their fair value estimate for Ranpak Holdings at $8.00, with slight adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions shaping this updated price target narrative. What's in the News Issued earnings guidance for 2026, forecasting net revenue in a range of $415 million to $445 million, tied to expected net revenue growth of 5.1% to 12.7% (Corporate guidance).
ORBS
US$0.93
Eightco Holdings
7D
2.9%
1Y
-10.2%
MGIH
US$1.50
Millennium Group International Holdings
7D
2.7%
1Y
6.4%

Subdued Growth No Barrier To Millennium Group International Holdings Limited (NASDAQ:MGIH) With Shares Advancing 33%

Jan 30
Subdued Growth No Barrier To Millennium Group International Holdings Limited (NASDAQ:MGIH) With Shares Advancing 33%