Record First Quarter Earnings
First quarter net income was $204 million or $2.26 per share, excluding special items, it was $208 million or $2.31 per share, compared to $155 million or $1.72 per share in the first quarter of 2024.
Revenue and EBITDA Growth
Net sales increased to $2.1 billion in 2025 from $2 billion in 2024. Total company EBITDA, excluding special items, was $421 million in 2025, up from $333 million in 2024.
Packaging Segment Performance
EBITDA in the Packaging segment was $409 million with a 21% margin, up from $326 million with an 18% margin in the previous year.
Successful Launch of New Box Plant
PCA successfully started up its new high-efficiency box plant in Glendale, Arizona, ahead of schedule and under budget.
Cash Flow Achievements
Record first quarter cash provided by operations totaled $339 million, with free cash flow also setting a record at $191 million.