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U.S. Packaging Industry Analysis

UpdatedJun 06, 2026
DataAggregated Company Financials
Companies24
  • 7D-1.1%
  • 3M-9.9%
  • 1Y-12.4%
  • YTD-6.6%

Over the last 7 days, the Packaging industry has dropped 1.1%, driven by a pullback from Ball of 3.2%. Overall the industry is down 12% in 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
Sat, 06 Jun 2026US$139.8bUS$161.9bUS$3.0b17.2x46.5x0.9x
Mon, 04 May 2026US$141.5bUS$158.5bUS$2.9b18.2x49.5x0.9x
Wed, 01 Apr 2026US$147.6bUS$162.2bUS$3.8b19x38.8x0.9x
Fri, 27 Feb 2026US$173.7bUS$162.9bUS$3.7b21.9x47.3x1.1x
Sun, 25 Jan 2026US$165.3bUS$159.8bUS$5.7b22.1x29.2x1x
Tue, 23 Dec 2025US$152.9bUS$159.8bUS$5.7b20.4x27.1x1x
Thu, 20 Nov 2025US$145.4bUS$159.8bUS$5.7b19.1x25.7x0.9x
Sat, 18 Oct 2025US$156.2bUS$154.2bUS$5.0b21x31.1x1x
Mon, 15 Sep 2025US$164.7bUS$154.2bUS$5.0b22.1x32.7x1.1x
Wed, 13 Aug 2025US$164.1bUS$152.7bUS$5.4b22.2x30.2x1.1x
Fri, 11 Jul 2025US$175.8bUS$144.3bUS$6.0b27.9x29.3x1.2x
Sun, 08 Jun 2025US$165.6bUS$144.4bUS$6.0b25.9x27.6x1.1x
Tue, 06 May 2025US$152.7bUS$144.2bUS$5.9b20.3x25.9x1.1x
Thu, 03 Apr 2025US$170.2bUS$149.9bUS$6.3b23.6x27x1.1x
Sat, 01 Mar 2025US$180.0bUS$155.0bUS$6.2b24.3x29.1x1.2x
Mon, 27 Jan 2025US$179.9bUS$153.4bUS$5.9b22.3x30.3x1.2x
Wed, 25 Dec 2024US$175.3bUS$153.4bUS$5.9b22.4x29.5x1.1x
Fri, 22 Nov 2024US$184.2bUS$153.3bUS$5.9b24x31x1.2x
Sun, 20 Oct 2024US$179.0bUS$148.6bUS$6.7b27.8x26.8x1.2x
Tue, 17 Sep 2024US$175.1bUS$148.6bUS$7.0b26.2x25x1.2x
Thu, 15 Aug 2024US$164.6bUS$148.5bUS$6.9b23.9x23.7x1.1x
Sat, 13 Jul 2024US$163.5bUS$149.6bUS$6.6b20.7x24.9x1.1x
Mon, 10 Jun 2024US$159.7bUS$156.8bUS$6.1b22.5x26.4x1x
Wed, 08 May 2024US$158.7bUS$156.9bUS$6.2b22.3x25.7x1x
Fri, 05 Apr 2024US$156.0bUS$159.1bUS$4.4b18.6x35.2x1x
Sun, 03 Mar 2024US$149.1bUS$159.1bUS$4.4b17.5x33.6x0.9x
Tue, 30 Jan 2024US$143.2bUS$155.8bUS$5.4b15.3x26.6x0.9x
Thu, 28 Dec 2023US$142.8bUS$155.9bUS$5.4b15.7x26.4x0.9x
Sat, 25 Nov 2023US$133.2bUS$156.1bUS$5.4b14.6x24.5x0.9x
Mon, 23 Oct 2023US$121.8bUS$159.5bUS$7.0b12.3x17.3x0.8x
Wed, 20 Sep 2023US$132.2bUS$159.5bUS$7.0b13.1x18.8x0.8x
Fri, 18 Aug 2023US$131.8bUS$159.8bUS$7.1b13.7x18.6x0.8x
Sun, 16 Jul 2023US$134.3bUS$168.2bUS$7.9b12.7x17x0.8x
Tue, 13 Jun 2023US$132.2bUS$168.2bUS$7.9b13.8x16.7x0.8x
Price to Earnings Ratio

16.7x


Total Market Cap: US$132.2bTotal Earnings: US$7.9bTotal Revenue: US$168.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Packaging Industry Price to Earnings3Y Average 28.8x202420252026
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 46.5x which is higher than its 3-year average PE of 28.8x.
  • The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.86x.
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-2.90%
Materials-4.03%
Packaging-1.07%
Paper Packaging-0.47%
Metal and Glass Containers-2.43%
Industry PE
  • Investors are most optimistic about the Paper Packaging industry which is trading above its 3-year average PE ratio of 41.6x.
    • Analysts are expecting annual earnings growth of 28.3%, 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 22.5x.
Forecasted Growth
  • Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 28% 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 14% 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
PKG Packaging Corporation of AmericaUS$222.821.8%
+US$346.2m		13.5%PE26.8x
IP International PaperUS$33.610.4%
+US$74.1m		-29.0%PS0.7x
SW Smurfit WestrockUS$41.280.3%
+US$70.2m		-4.7%PE56.9x
MYE Myers IndustriesUS$23.724.0%
+US$34.6m		68.7%PE21.4x
GEF GreifUS$63.590.4%
+US$12.0m		-4.3%PE16.3x

Latest News

IP
US$33.61
International Paper
7D
0.4%
1Y
-29.0%
PKG
US$222.82
Packaging Corporation of America
7D
1.8%
1Y
13.5%
GEF
US$63.59
Greif
7D
0.4%
1Y
-4.3%
JBDI
US$0.52
JBDI Holdings
7D
7.5%
1Y
-55.6%
AMCR
US$38.13
Amcor
7D
-1.8%
1Y
-16.3%
MYE
US$23.72
Myers Industries
7D
4.0%
1Y
68.7%
BALL
US$52.92
Ball
7D
-3.2%
1Y
-1.5%
Narrative Update • Jun 03

BALL: Tighter Can Supply And Buybacks Are Expected To Support Upside

Analysts have nudged Ball's implied fair value slightly higher to about $60.81, as updated targets factor in tighter beverage can supply, growing aluminum can use by energy drink brands, and expectations for steadier volume momentum supported by South American demand and recent rating and target moves across the Street. Analyst Commentary Street research on Ball has been active, with a mix of rating changes and price target revisions that highlight both optimism and caution around the stock.
ATR
US$113.36
AptarGroup
7D
-2.1%
1Y
-26.1%
Narrative Update • Jun 03

ATR: Healthcare Packaging And Refillable Beauty Will Support Future Upside Potential

Analysts have nudged their price target for AptarGroup higher by refining assumptions on revenue growth to 6.11%, profit margin to 9.78%, and a future P/E of 33.28x. This lifts their valuation outlook without changing the underlying fair value estimate of $211.25 per share.
CCK
US$93.38
Crown Holdings
7D
-1.8%
1Y
-6.6%
Narrative Update • Jun 03

CCK: Asia Beverage Can Expansion And Dividend Increases Will Drive Future Returns

Analysts have trimmed their price target on Crown Holdings to $125.00 from about $125.85, reflecting updated assumptions for slightly different revenue growth, profit margin, discount rate, and future P/E expectations. What's in the News JPMorgan upgraded Crown Holdings' stock rating from Neutral to Overweight, citing tighter supply and demand balances in the beverage can industry.
GPK
US$10.54
Graphic Packaging Holding
7D
-6.4%
1Y
-52.6%
SON
US$47.49
Sonoco Products
7D
-2.4%
1Y
5.3%
Narrative Update • Jun 03

SON: Dividend Increase And 2026 Sales Outlook Will Support Future Cash Flows

Analysts have nudged their price target on Sonoco Products slightly lower, trimming fair value from about $61.78 to $60.89 as they factor in updated assumptions around discount rates, revenue trends, profit margins, and forward P/E expectations. What's in the News Sonoco Products reiterated its full year 2026 net sales guidance, keeping the range at US$7.25b to US$7.75b.
SW
US$41.28
Smurfit Westrock
7D
0.3%
1Y
-4.7%
Narrative Update • Jun 02

SW: Single NYSE Listing And Lower P/E Assumptions Will Support Upside

Analysts have adjusted their fair value estimate for Smurfit Westrock to $61.89 from $67.91. This change reflects updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions.
OI
US$7.91
O-I Glass
7D
-9.6%
1Y
-41.9%
Narrative Update • Jun 02

OI: Insider Buying And New Debt Raise Will Support Future Upside

Analysts have reset their price target on O-I Glass to $13.11 from $17.89, reflecting updated views on the company’s discount rate, revenue growth outlook, profit margin assumptions, and future P/E multiple. What's in the News Board director Samuel R.
AVY
US$155.18
Avery Dennison
7D
-2.4%
1Y
-13.7%