PACK Chart
About

Ranpak Holdings Corp., together with its subsidiaries, provides product protection solutions and end-of-line automation solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers protective packaging solutions, such as void-fill protective systems that convert paper to fill empty spaces in secondary packages and protect objects under the FillPak brand; cushioning protective systems, which convert paper into cushioning pads under the PadPak brand; wrapping protective systems that create pads or paper mesh to wrap and protect fragile items, as well as to line boxes and provide separation when shipping various objects under the WrapPak and Geami brands; and cold chain products, which are used to provide insulation for temperature controlled goods during transport. It also provides end-of-line packaging automation for product distribution and shipping, as well as products that help end users automate the void filling and box closure processes after product packing is complete. The company sells its products to end users primarily through a distributor network and directly to end-users. The company was founded in 1972 and is headquartered in Concord Township, Ohio.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Packaging & Containers Market Cap 292.29M
Enterprise Value 656.59M Income -38.30M Sales 395.00M
Book/sh 6.34 Cash/sh 0.78 Dividend Yield
Payout 0.00% Employees 800 IPO
P/E Forward P/E -34.50 PEG
P/S 0.74 P/B 0.54 P/C
EV/EBITDA 12.07 EV/Sales 1.66 Quick Ratio 1.38
Current Ratio 1.83 Debt/Eq 80.39 LT Debt/Eq
EPS (ttm) -0.45 EPS next Y -0.10 EPS Growth
Revenue Growth 6.60% Earnings 2026-05-05 ROA -0.69%
ROE -7.07% ROIC Gross Margin 33.09%
Oper. Margin 7.06% Profit Margin -9.70% Shs Outstand 84.72M
Shs Float 46.36M Short Float 8.42% Short Ratio 9.08
Short Interest 52W High 6.31 52W Low 2.91
Beta 2.81 Avg Volume 488.61K Volume 417.23K
Target Price $7.08 Recom Buy Prev Close $3.43
Price $3.45 Change 0.58%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$7.08
Mean price target
2. Current target
$3.49
Latest analyst target
3. DCF / Fair value
$4.90
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.49
Low
$6.00
High
$8.00
Mean
$7.08

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-06 main Craig-Hallum Buy → Buy $8
2025-08-26 main Craig-Hallum Buy → Buy $10
2025-08-06 main Cantor Fitzgerald Overweight → Overweight $7
2025-05-07 main Baird Neutral → Neutral $5
2025-05-07 main Cantor Fitzgerald Overweight → Overweight $6
2024-12-19 init Cantor Fitzgerald — → Overweight $12
2024-11-01 main Baird Neutral → Neutral $7
2024-08-14 down Baird Outperform → Neutral $10
2024-08-02 main Baird Outperform → Outperform $10
2024-06-20 main Craig-Hallum Buy → Buy $10
2024-05-03 main Baird Outperform → Outperform $8
2024-04-01 main Craig-Hallum Buy → Buy $10
2024-03-12 main Craig-Hallum Buy → Buy $8
2024-03-12 main Baird Outperform → Outperform $7
2023-08-04 main Baird Outperform → Outperform $8
2023-07-18 main Goldman Sachs Neutral → Neutral $5
2023-05-05 main Baird — → Outperform $6
2023-03-16 main Baird — → Outperform $7
2022-10-18 main Goldman Sachs — → Neutral $5
2022-05-11 main Goldman Sachs — → Neutral $15
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 3750 Stock Award(Grant) at price 0.00 per share. GLIEDMAN MICHAEL S. Director 2026-03-05 00:00:00 D
1 13803 Stock Award(Grant) at price 0.00 per share. ASALI OMAR M Chief Executive Officer 2026-03-05 00:00:00 D
2 4602 Stock Award(Grant) at price 0.00 per share. DREW WILLIAM Chief Financial Officer 2026-03-05 00:00:00 D
3 750 Stock Award(Grant) at price 0.00 per share. ARAM PAUL Chief Operating Officer 2026-03-05 00:00:00 D
4 25000 Stock Award(Grant) at price 0.00 per share. GLIEDMAN MICHAEL S. Director 2026-03-03 00:00:00 D
5 92026 Stock Award(Grant) at price 0.00 per share. ASALI OMAR M Chief Executive Officer 2026-03-03 00:00:00 D
6 30675 Stock Award(Grant) at price 0.00 per share. DREW WILLIAM Chief Financial Officer 2026-03-03 00:00:00 D
7 25000 Stock Award(Grant) at price 0.00 per share. ARAM PAUL Chief Operating Officer 2026-03-03 00:00:00 D
8 3390 18747 Stock Award(Grant) at price 5.53 per share. SESHADRI SALIL Director 2026-01-02 00:00:00 D
9 3390 18747 Stock Award(Grant) at price 5.53 per share. TRANEN ALICIA M. Director 2026-01-02 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems1.03M-297.05K40.20K600.60K
TaxRateForCalcs0.190.090.130.27
NormalizedEBITDA48.20M73.40M62.30M30.80M
TotalUnusualItems5.30M-3.20M300.00K2.20M
TotalUnusualItemsExcludingGoodwill5.30M-3.20M300.00K2.20M
NetIncomeFromContinuingOperationNetMinorityInterest-38.30M-21.50M-27.10M-41.40M
ReconciledDepreciation66.70M65.30M69.60M69.00M
ReconciledCostOfRevenue233.60M198.90M177.20M190.00M
EBITDA53.50M70.20M62.60M33.00M
EBIT-13.20M4.90M-7.00M-36.00M
NetInterestIncome-34.30M-28.60M-24.30M-20.70M
InterestExpense34.30M28.60M24.30M20.70M
NormalizedIncome-42.57M-18.60M-27.36M-43.00M
NetIncomeFromContinuingAndDiscontinuedOperation-38.30M-21.50M-27.10M-41.40M
TotalExpenses419.30M381.70M343.80M369.00M
RentExpenseSupplemental27.10M26.20M31.70M34.30M
TotalOperatingIncomeAsReported-24.30M-12.80M-7.50M-42.50M
DilutedAverageShares84.18M83.06M82.37M81.88M
BasicAverageShares84.18M83.06M82.37M81.88M
DilutedEPS-0.45-0.26-0.33-0.51
BasicEPS-0.45-0.26-0.33-0.51
DilutedNIAvailtoComStockholders-38.30M-21.50M-27.10M-41.40M
NetIncomeCommonStockholders-38.30M-21.50M-27.10M-41.40M
NetIncome-38.30M-21.50M-27.10M-41.40M
NetIncomeIncludingNoncontrollingInterests-38.30M-21.50M-27.10M-41.40M
NetIncomeContinuousOperations-38.30M-21.50M-27.10M-41.40M
TaxProvision-9.20M-2.20M-4.20M-15.30M
PretaxIncome-47.50M-23.70M-31.30M-56.70M
OtherIncomeExpense11.10M17.70M500.00K6.50M
OtherNonOperatingIncomeExpenses5.80M20.90M200.00K4.30M
SpecialIncomeCharges0.00-4.80M0.000.00
OtherSpecialCharges4.80M
RestructuringAndMergernAcquisition0.000.00
GainOnSaleOfSecurity5.30M1.60M300.00K2.20M
NetNonOperatingInterestIncomeExpense-34.30M-28.60M-24.30M-20.70M
InterestExpenseNonOperating34.30M28.60M24.30M20.70M
OperatingIncome-24.30M-12.80M-7.50M-42.50M
OperatingExpense155.00M152.60M130.80M142.10M
OtherOperatingExpenses4.50M5.60M5.20M4.50M
DepreciationAmortizationDepletionIncomeStatement36.00M35.10M33.80M32.10M
DepreciationAndAmortizationInIncomeStatement36.00M35.10M33.80M32.10M
SellingGeneralAndAdministration114.50M111.90M91.80M105.50M
GrossProfit130.70M139.80M123.30M99.60M
CostOfRevenue264.30M229.10M213.00M226.90M
TotalRevenue395.00M368.90M336.30M326.50M
OperatingRevenue395.00M368.90M336.30M326.50M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber84.39M83.27M82.61M82.01M
ShareIssued84.39M83.27M82.61M82.01M
NetDebt337.30M328.70M337.40M329.50M
TotalDebt430.00M431.20M428.80M399.00M
TangibleBookValue-214.10M-207.80M-223.50M-206.00M
InvestedCapital935.20M952.90M971.40M1.01B
WorkingCapital69.80M82.80M76.90M100.50M
NetTangibleAssets-214.10M-207.80M-223.50M-206.00M
CapitalLeaseObligations29.70M26.40M29.40M6.70M
CommonStockEquity534.90M548.10M572.00M612.80M
TotalCapitalization931.30M948.90M969.80M1.00B
TotalEquityGrossMinorityInterest534.90M548.10M572.00M612.80M
StockholdersEquity534.90M548.10M572.00M612.80M
GainsLossesNotAffectingRetainedEarnings-3.80M-6.20M2.10M5.20M
OtherEquityAdjustments-3.80M-6.20M2.10M5.20M
RetainedEarnings-183.60M-145.30M-123.80M-96.70M
AdditionalPaidInCapital722.30M699.60M693.70M704.30M
CapitalStock0.000.000.000.00
CommonStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest590.00M556.10M550.70M520.70M
TotalNonCurrentLiabilitiesNetMinorityInterest506.00M487.70M502.70M481.60M
OtherNonCurrentLiabilities1.30M2.80M2.30M1.40M
DerivativeProductLiabilities33.40M1.30M6.30M3.70M
NonCurrentDeferredLiabilities50.70M62.00M71.60M80.80M
NonCurrentDeferredTaxesLiabilities50.70M62.00M71.60M80.80M
LongTermDebtAndCapitalLeaseObligation420.60M421.60M422.50M395.70M
LongTermCapitalLeaseObligation24.20M20.80M24.70M4.00M
LongTermDebt396.40M400.80M397.80M391.70M
CurrentLiabilities84.00M68.40M48.00M39.10M
OtherCurrentLiabilities4.00M3.60M3.80M
CurrentDeferredLiabilities14.00M3.40M2.00M900.00K
CurrentDeferredRevenue14.00M3.40M2.00M900.00K
CurrentDebtAndCapitalLeaseObligation9.40M9.60M6.30M3.30M
CurrentCapitalLeaseObligation5.50M5.60M4.70M2.70M
CurrentDebt3.90M4.00M1.60M600.00K
OtherCurrentBorrowings3.90M4.00M1.60M600.00K
PensionandOtherPostRetirementBenefitPlansCurrent7.80M4.70M3.80M2.10M
CurrentProvisions800.00K900.00K800.00K700.00K
PayablesAndAccruedExpenses48.00M46.20M35.10M32.10M
CurrentAccruedExpenses5.90M11.40M13.50M3.80M
InterestPayable0.001.20M3.00M1.90M
Payables42.10M34.80M21.60M28.30M
OtherPayable1.00M1.50M600.00K
TotalTaxPayable5.40M7.90M2.50M3.40M
AccountsPayable36.70M26.90M17.60M24.30M
TotalAssets1.12B1.10B1.12B1.13B
TotalNonCurrentAssets971.10M953.00M997.80M993.90M
OtherNonCurrentAssets59.00M38.50M36.40M44.50M
NonCurrentDeferredAssets400.00K100.00K100.00K600.00K
NonCurrentDeferredTaxesAssets400.00K100.00K100.00K600.00K
GoodwillAndOtherIntangibleAssets749.00M755.90M795.50M818.80M
OtherIntangibleAssets291.80M312.20M345.40M372.10M
Goodwill457.20M443.70M450.10M446.70M
NetPPE162.70M158.50M165.80M130.00M
AccumulatedDepreciation-216.00M-178.30M-157.60M-121.60M
GrossPPE378.70M336.80M323.40M251.60M
Leases22.90M20.70M20.70M400.00K
OtherProperties24.00M20.90M23.70M6.00M
MachineryFurnitureEquipment316.60M280.30M264.30M228.30M
BuildingsAndImprovements12.80M12.50M12.30M12.90M
LandAndImprovements2.40M2.40M2.40M4.00M
Properties0.000.000.000.00
CurrentAssets153.80M151.20M124.90M139.60M
OtherCurrentAssets10.60M7.70M13.10M16.70M
PrepaidAssets8.30M
Inventory30.60M21.70M17.30M25.00M
InventoriesAdjustmentsAllowances0.00-300.00K-300.00K
FinishedGoods11.40M9.20M4.40M7.20M
WorkInProcess5.60M0.001.40M5.70M
RawMaterials13.60M12.50M11.50M12.40M
Receivables49.60M45.70M32.50M35.10M
TaxesReceivable1.90M1.80M900.00K2.10M
AccountsReceivable47.70M43.90M31.60M33.00M
AllowanceForDoubtfulAccountsReceivable-900.00K-500.00K-600.00K-700.00K
GrossAccountsReceivable48.60M44.40M32.20M33.70M
CashCashEquivalentsAndShortTermInvestments63.00M76.10M62.00M62.80M
CashAndCashEquivalents63.00M76.10M62.00M62.80M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-7.20M8.30M-2.70M-44.70M
RepurchaseOfCapitalStock0.00
RepaymentOfDebt-7.60M-393.80M-3.50M-2.00M
IssuanceOfDebt1.10M410.70M3.20M0.00
IssuanceOfCapitalStock0.000.00104.00M
CapitalExpenditure-30.30M-33.10M-55.30M-45.80M
InterestPaidSupplementalData37.40M29.80M26.00M20.50M
IncomeTaxPaidSupplementalData0.002.20M2.80M2.70M
EndCashPosition63.00M76.10M62.00M62.80M
BeginningCashPosition76.10M62.00M62.80M103.90M
EffectOfExchangeRateChanges3.60M3.40M800.00K200.00K
ChangesInCash-16.70M10.70M-1.60M-41.30M
FinancingCashFlow-7.00M1.80M-1.80M-4.50M
CashFlowFromContinuingFinancingActivities-7.00M1.80M-1.80M-4.50M
NetOtherFinancingCharges-500.00K-15.10M-1.50M-2.50M
NetCommonStockIssuance0.000.00104.00M
CommonStockPayments0.00
CommonStockIssuance0.000.00104.00M
NetIssuancePaymentsOfDebt-6.50M16.90M-300.00K-2.00M
NetLongTermDebtIssuance-6.50M16.90M-300.00K-2.00M
LongTermDebtPayments-7.60M-393.80M-3.50M-2.00M
LongTermDebtIssuance1.10M410.70M3.20M0.00
InvestingCashFlow-32.80M-32.50M-52.40M-37.90M
CashFlowFromContinuingInvestingActivities-32.80M-32.50M-52.40M-37.90M
NetInvestmentPurchaseAndSale-2.50M-4.80M0.007.90M
SaleOfInvestment0.000.0010.00M0.00
PurchaseOfInvestment-2.50M-4.80M0.00-2.10M
NetBusinessPurchaseAndSale0.00-2.10M-14.10M
PurchaseOfBusiness0.00-2.10M-14.10M
NetIntangiblesPurchaseAndSale0.005.40M0.000.00
SaleOfIntangibles0.005.40M0.000.00
NetPPEPurchaseAndSale-30.30M-33.10M-52.40M-44.80M
SaleOfPPE0.000.002.90M0.00
PurchaseOfPPE-30.30M-33.10M-55.30M-44.80M
CapitalExpenditureReported0.00-55.30M-1.00M-55.70M
OperatingCashFlow23.10M41.40M52.60M1.10M
CashFlowFromContinuingOperatingActivities23.10M41.40M52.60M1.10M
ChangeInWorkingCapital-4.90M-6.40M22.30M-23.60M
ChangeInOtherWorkingCapital4.40M-6.50M6.10M-12.50M
ChangeInPayablesAndAccruedExpense1.60M16.90M5.90M-26.80M
ChangeInAccruedExpense-6.90M7.80M6.60M-14.40M
ChangeInPayable8.50M9.10M-700.00K-12.40M
ChangeInAccountPayable8.50M9.10M-700.00K-12.40M
ChangeInPrepaidAssets1.00M600.00K-2.30M-1.60M
ChangeInInventory-7.50M-4.80M5.30M7.60M
ChangeInReceivables-4.40M-12.60M7.30M9.70M
ChangesInAccountReceivables-4.40M-11.60M6.90M9.10M
OtherNonCashItems5.40M6.40M5.20M4.30M
StockBasedCompensation7.60M6.30M-10.20M18.30M
UnrealizedGainLossOnInvestmentSecurities-5.80M400.00K0.00-3.90M
ProvisionandWriteOffofAssets5.10M0.000.00
AmortizationOfSecurities0.00-1.20M-2.40M-800.00K
DeferredTax-7.70M-6.90M-5.90M-19.70M
DeferredIncomeTax-7.70M-6.90M-5.90M-19.70M
DepreciationAmortizationDepletion66.70M65.30M69.60M69.00M
Depletion73.60M
DepreciationAndAmortization66.70M65.30M69.60M69.00M
AmortizationCashFlow28.80M29.00M29.40M28.80M
AmortizationOfIntangibles28.80M29.00M29.40M28.80M
Depreciation37.90M36.30M40.20M40.20M
OperatingGainsLosses-5.00M-1.00M1.10M-1.10M
GainLossOnInvestmentSecurities-2.40M-800.00K-800.00K
NetForeignCurrencyExchangeGainLoss-5.30M-1.60M-300.00K-2.20M
GainLossOnSaleOfPPE300.00K-4.20M1.40M1.10M
NetIncomeFromContinuingOperations-38.30M-21.50M-27.10M-41.40M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for PACK
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status