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U.S. Packaging Industry Analysis

UpdatedJun 25, 2026
DataAggregated Company Financials
Companies22
  • 7D4.8%
  • 3M7.0%
  • 1Y-1.6%
  • YTD4.2%

The Packaging is pretty flat in the last 7 days, but Smurfit Westrock has stood out, gaining 7.2%. Unfortunately though, the industry is down 6.0% over the past 12 months. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Jun 2026US$150.2bUS$161.9bUS$3.0b18.6x50x0.9x
Sat, 23 May 2026US$137.7bUS$161.9bUS$3.0b17.7x45.8x0.9x
Mon, 20 Apr 2026US$152.0bUS$156.8bUS$3.1b19.9x48.5x1x
Wed, 18 Mar 2026US$154.8bUS$162.6bUS$3.8b18.7x41.3x1x
Fri, 13 Feb 2026US$181.0bUS$162.5bUS$3.3b23.2x55.3x1.1x
Sun, 11 Jan 2026US$163.5bUS$159.8bUS$5.7b21.5x28.9x1x
Tue, 09 Dec 2025US$150.0bUS$159.8bUS$5.7b19.6x26.5x0.9x
Thu, 06 Nov 2025US$145.4bUS$158.6bUS$5.6b19.4x25.8x0.9x
Sat, 04 Oct 2025US$160.8bUS$154.2bUS$5.0b21.9x32x1x
Mon, 01 Sep 2025US$167.6bUS$154.2bUS$5.0b22.7x33.3x1.1x
Wed, 30 Jul 2025US$177.1bUS$145.2bUS$6.0b27.7x29.5x1.2x
Fri, 27 Jun 2025US$164.4bUS$144.3bUS$6.0b26.1x27.4x1.1x
Sun, 25 May 2025US$163.6bUS$144.3bUS$6.0b25.5x27.2x1.1x
Tue, 22 Apr 2025US$157.0bUS$149.9bUS$6.3b20.3x24.9x1x
Thu, 20 Mar 2025US$172.1bUS$155.1bUS$6.2b22.3x27.9x1.1x
Sat, 15 Feb 2025US$182.0bUS$156.3bUS$6.6b22.1x27.7x1.2x
Mon, 13 Jan 2025US$169.2bUS$153.4bUS$5.9b21.3x28.5x1.1x
Wed, 11 Dec 2024US$183.1bUS$153.4bUS$5.9b23.3x30.9x1.2x
Fri, 08 Nov 2024US$185.3bUS$153.3bUS$6.2b24.5x30x1.2x
Sun, 06 Oct 2024US$177.2bUS$148.6bUS$7.0b26.3x25.3x1.2x
Tue, 03 Sep 2024US$177.8bUS$148.6bUS$7.0b25.3x25.4x1.2x
Thu, 01 Aug 2024US$173.1bUS$148.9bUS$6.7b23.9x25.9x1.2x
Sat, 29 Jun 2024US$152.5bUS$156.8bUS$6.1b21.6x25.2x1x
Mon, 27 May 2024US$161.5bUS$156.7bUS$6.1b23.5x26.4x1x
Wed, 24 Apr 2024US$149.2bUS$159.1bUS$4.4b18.4x34x0.9x
Fri, 22 Mar 2024US$153.6bUS$159.1bUS$4.4b18.5x34.6x1x
Sun, 18 Feb 2024US$140.6bUS$154.0bUS$4.1b19.2x34.3x0.9x
Tue, 16 Jan 2024US$141.3bUS$155.9bUS$5.4b15.4x26.1x0.9x
Thu, 14 Dec 2023US$137.4bUS$155.9bUS$5.4b15.4x25.4x0.9x
Sat, 11 Nov 2023US$127.6bUS$156.5bUS$5.4b14.3x23.7x0.8x
Mon, 09 Oct 2023US$126.8bUS$159.5bUS$7.0b12.7x18x0.8x
Wed, 06 Sep 2023US$132.4bUS$159.5bUS$7.0b13.3x18.8x0.8x
Fri, 04 Aug 2023US$137.6bUS$160.5bUS$7.1b14.5x19.4x0.9x
Sun, 02 Jul 2023US$133.5bUS$168.2bUS$7.9b12.5x16.9x0.8x
Price to Earnings Ratio

16.9x


Total Market Cap: US$133.5bTotal Earnings: US$7.9bTotal Revenue: US$168.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Packaging Industry Price to Earnings3Y Average 29.4x202420252026
Current Industry PE
  • Investors are optimistic on the American Packaging industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 49.9x which is higher than its 3-year average PE of 29.4x.
  • The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Packaging industry have declined 28% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Materials industry?

US Market-2.47%
Materials-3.66%
Packaging4.82%
Metal and Glass Containers5.55%
Paper Packaging4.49%
Industry PE
  • Investors are most optimistic about the Paper Packaging industry which is trading above its 3-year average PE ratio of 44.1x.
    • Analysts are expecting annual earnings growth of 28.8%, which is higher than its past year's earnings decline of 14.9% per year.
  • Investors are most pessimistic about the Metal and Glass Containers industry, which is trading below its 3-year average of 22.6x.
Forecasted Growth
  • Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 15% per year.
  • In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SW Smurfit WestrockUS$46.567.2%
+US$1.6b		9.6%PE64.2x
IP International PaperUS$38.305.9%
+US$1.1b		-17.5%PS0.8x
BALL BallUS$60.985.6%
+US$868.0m		7.5%PE17.3x
CCK Crown HoldingsUS$108.966.9%
+US$773.5m		4.8%PE16.7x
PKG Packaging Corporation of AmericaUS$237.853.7%
+US$760.6m		27.3%PE28.6x

Latest News

CCK
US$108.96
Crown Holdings
7D
6.9%
1Y
4.8%
SW
US$46.56
Smurfit Westrock
7D
7.2%
1Y
9.6%
PKG
US$237.85
Packaging Corporation of America
7D
3.7%
1Y
27.3%
SON
US$53.54
Sonoco Products
7D
5.7%
1Y
22.9%
SLGN
US$44.67
Silgan Holdings
7D
6.7%
1Y
-18.1%
Narrative Update • Jun 22

SLGN: Dividend Momentum And M&A Ambitions Will Support Future P/E Re Rating

Silgan Holdings' analyst price target has been reduced by a few dollars to reflect recent cuts from several firms, partially offset by a modest $1 increase from one bank, as analysts align their views with updated assumptions on valuation inputs. Analyst Commentary Recent Street research on Silgan Holdings reflects a mix of cautious and constructive views as analysts adjust price targets and assumptions around valuation, execution, and growth prospects.
BALL
US$60.98
Ball
7D
5.6%
1Y
7.5%
Narrative Update • Jun 17

BALL: Tighter Can Supply And 2026 Cash Returns Should Support Upside

For Ball, the analyst price target edges slightly lower to about $70.79, as analysts factor in modestly softer revenue growth and profit margin assumptions, while also pointing to tighter beverage can supply and supportive industry demand as key offsets. Analyst Commentary Recent Street research on Ball clusters around a mix of cautious tweaks to price targets and more upbeat views on the company’s volume outlook, especially in beverage cans.
AMCR
US$41.71
Amcor
7D
2.3%
1Y
-7.8%
IP
US$38.30
International Paper
7D
5.9%
1Y
-17.5%
Narrative Update • Jun 17

IP: Packaging Expansion And Mixed Sector Backdrop Will Shape Turnaround Prospects

International Paper's updated analyst price target has been trimmed by several firms in recent weeks. Cuts of $3 to $8 reflect analyst views that recent earnings and sector data warrant slightly more conservative expectations, while still recognizing the company's upgraded ratings from some research houses.
JBDI
US$0.56
JBDI Holdings
7D
-3.3%
1Y
-43.3%
MGIH
US$1.50
Millennium Group International Holdings
7D
-1.3%
1Y
-5.1%