PACK · NYSE · Packaging & Containers

Ranpak

Sells paper packaging systems, consumables, and automation for shipping protection.

$4.95
After-hours close+0.05 (+1.02%)
At close$4.90(−2.39%)
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Profile

Ranpak Holdings Corp.PACKMaterials

Sells paper-based protective packaging systems, recurring consumables, and end-of-line automation for e-commerce and industrial shipping. Its model relies on installed converters, distributor and selected direct-customer relationships, and two geographic segments split between North America and Europe/Asia.

Supplies paper-based protective packaging systems for e-commerce and industrial supply chains, pairing installed converters with recurring consumables. Cushioning, Void-Fill, Wrapping, and Automation cover pad making, void filling, paper wrapping, cold-chain protection, mailers, machine vision, and end-of-line equipment.

Revenue is reported through North America and Europe/Asia, with Europe/Asia slightly larger than North America in recent reported revenue. Customers are reached through distributors and selected direct relationships, while the operating footprint spans US sites and facilities in the Netherlands, the Czech Republic, and Malaysia.

Execution depends on placing machines, keeping paper consumables flowing through those systems, and extending automation around packing lines. The business is shaped by shipping demand, paper input and freight conditions, currency movements, and customer willingness to replace plastic or multi-substrate packaging with paper-based alternatives.

Company facts

CEOOmar M. Asali
ListedJun 3, 2019
ExchangeNYSE
HeadquartersConcord Township, OH
CountryUnited States
Employees830
CIK0001712463
ISINUS75321W1036

Key statistics

Market cap$420.2M
EPS (ttm)−$0.4400
P/E (ttm)−11.14
ROE-7.2%
P/B0.8071
P/S1.05
Dividend yield
Beta2.70vs XLB 1.11

Year to date −11.4% · Average volume (30d) 539.8K

Analysts

Price target, next 12 months$10.00+104.1%Median of 5 analysts · vs the Aug 28 close
ConsensusBuy3 of 5 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior targetTarget
Oct 31, 2025Robert W. BairdTarget$5$6

Earnings

EPS

Estimate−$0.03
ReportedDue Oct 29, 2026

Revenue

Estimate$108.9M
ReportedDue Oct 29, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 30, 2026Q2 FY26−$0.08−$0.09−20.0%$100.9M$105.2M+4.2%−11.47%
Apr 30, 2026Q1 FY26−$0.11−$0.12−9.1%$91.6M$101.2M+10.5%+10.22%
Mar 5, 2026Q4 FY25−$0.03−$0.11−230.0%$112.8M$111.9M−0.8%−8.96%
Oct 30, 2025Q3 FY25−$0.02−$0.12−500.0%$112.8M$99.6M−11.7%+14.47%
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Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$91.2M$92.3M$99.6M$111.9M$101.2M$86.4M
Gross profit$21.9M$20.1M$25.2M$27.5M$25.9M$34.5M
Operating income−$8.0M−$9.7M−$5.7M−$900.0K−$3.8M−$2.4M
Net income−$10.9M−$7.5M−$10.4M−$9.5M−$10.2M−$7.9M
Diluted EPS−$0.13−$0.09−$0.12−$0.11−$0.12−$0.09
Gross margin24.0%21.8%25.3%24.6%25.6%39.9%
Operating margin-8.8%-10.5%-5.7%-0.8%-3.8%-2.8%

Fiscal years (4-quarter sums)FY21 $383.9M · FY22 $326.5M · FY23 $336.3M · FY24 $368.9M · FY25 $395.0M

Revenue by geography · Q2 FY26

Europe And Asia Segment$59.3M · 56%
North America Segment$45.9M · 44%

Balance sheet, Jun 30, 2026Cash & short-term investments $43.2M · Total debt $428.2M · Total assets $1.10B · Shareholders' equity $519.9M

Dividends

No dividends on record.

Ownership

Institutions 90.99%78.03M sharesInsiders 6.60%5.66M sharesOther 2.41%2.07M shares

Shares outstanding 85.76M · Float 73.26M · 85.4% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
JS Capital Management LLC30.53M35.60%13FMay 15, 2026
Soros Capital Management LLC4.63M5.40%13FMay 15, 2026
BlackRock, Inc.3.12M3.64%13FMay 13, 2026
Dimensional Fund Advisors LP3.05M3.55%13FMay 7, 2026
Schusterman Interests, LLC3.02M3.52%13FMay 15, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

CompareAfter-hours close

CompanyPriceChange
Ranpak$4.95+1.02%$420.2M1.1+14.0%
Smurfit Westrock$48.20−0.21%$25.33B51.416.30.8+1.7%
International Paper$39.41+0.25%$20.82B17.00.9−11.3%
Sonoco Products$56.47+0.02%$5.58B8.79.40.7−1.3%
Packaging Corporation of America$240.39−0.06%$21.42B31.220.62.2+14.7%
Crown$118.440.00%$12.88B17.014.01.0+16.5%
Median24.116.30.9+1.7%