Ranpak Holdings Corp. (PACK)

NYSE: PACK · Real-Time Price · USD

4.220

+0.040 (0.96%)

Sep 24, 2026, 4:00 PM EDT - Market closed

Ranpak Holdings Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	417.9	395	368.9	336.3	326.5	383.9
Revenue Growth	9.77%	7.07%	9.69%	3.00%	-14.95%	28.74%
Gross Profit	140.3	130.7	139.8	123.3	99.6	148.9
Operating Income	-0.5	-12.3	-1.7	-13.3	-20.3	14
Net Income	-38	-38.3	-21.5	-27.1	-41.4	-2.8
Earnings Per Share	-0.45	-0.45	-0.26	-0.33	-0.51	-0.04
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
North America	189.5	186	163.2	137.3	134.7	146.9
Europe/Asia	228.4	209	205.7	199	191.8	237
Total	417.9	395	368.9	336.3	326.5	383.9

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	43.2	65.7	76.1	65.2	69.1	103.9
Total Debt	428.2	430	431.2	428.8	399	414.3
Net Cash (Debt)	-385	-364.3	-355.1	-363.6	-329.9	-310.4
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-4.54	-4.33	-4.28	-4.41	-4.03	-3.95

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	35.1	23.1	41.4	52.6	1.1	54.3
Capital Expenditures	-27.9	-30.3	-33.1	-55.3	-44.8	-54.5
Free Cash Flow	7.2	-7.2	8.3	-2.7	-43.7	-0.2
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	33.57%	33.09%	37.90%	36.66%	30.50%	38.79%
Operating Margin	-0.12%	-3.11%	-0.46%	-3.96%	-6.22%	3.65%
Pretax Margin	-11.58%	-12.03%	-6.42%	-9.31%	-17.37%	-1.28%
Profit Margin	-9.09%	-9.70%	-5.83%	-8.06%	-12.68%	-0.73%
FCF Margin	1.72%	-1.82%	2.25%	-0.80%	-13.38%	-0.05%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 25, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	-	77.69	77.69	77.69	77.69	176.85
P/FCF Ratio	50.26	-	69.01	-	-	-
PS Ratio	0.87	1.16	1.55	1.43	1.45	7.97