Ranpak Holdings Corp. (PACK) AI Stock Analysis

Ranpak Holdings Corp., headquartered in Concord Township, Ohio, is a provider of product protection solutions tailored for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers void-fill protective systems under the FillPak brand, converting paper into fillers for empty spaces in packaging. Its PadPak brand provides cushioning pads for shock absorption, while brands such as WrapPak, Geami, and ReadyRoll deliver paper-based wrapping solutions to shield delicate objects. Ranpak also offers line automation products that streamline void filling and box closures. The company sells its packaging systems primarily through distributor networks as well as directly to select end users.

Ranpak increased revenue from $326.5M in FY2022 to $395.0M in FY2025, generating a 5-year revenue CAGR of 5.8% from FY2020 through FY2025. Annual sales rose 7.1% in FY2025, but gross margin contracted to 24.0% compared to 37.9% in FY2024. Operating margins remained negative across recent years, landing at -6.2% in FY2025 and -1.2% over the trailing twelve months. Net income was -$38.3M in FY2025, resulting in an EPS of -$0.26. For the latest quarter ended June 30, 2026, quarterly revenue grew 14.0% year-over-year, while TTM revenue reached $417.9M with a net loss of -$0.44 per share.

As of June 30, 2026, Ranpak held $43.2M in cash and short-term investments alongside total debt of $428.2M, resulting in net debt of $385.0M. Total assets stood at $1.10B against shareholders' equity of $519.9M, producing a debt-to-equity ratio of 0.82 and a current ratio of 1.79. In FY2025, operating cash flow generated $23.1M, but capital expenditures of $30.3M resulted in free cash flow of -$7.2M. Over five years, the company's share count increased 5.2%.

At a share price of $3.46, Ranpak has a market capitalization of $296.7M and an enterprise value of $743.5M. The stock trades at an EV/EBITDA multiple of 13.9x, which is above the 11.1x median of its US-listed Consumer Cyclical peers. Its price-to-sales multiple is 0.7x, matching the peer group median of 0.7x, while its price-to-book ratio is 0.7x. Over the past year, PACK declined 37.3%, lagging the S&P 500 (SPY) gain of 16.8%. Over five years, the stock dropped 88.5% compared to an 83.0% gain for the index.

Wall Street coverage includes 2 Strong Buy ratings and 1 Hold rating, with no Sell or Strong Sell recommendations. The mean analyst price target is $7.08, representing 104.7% upside compared to the last close of $3.46. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $434.0M and EPS of -$0.07. For FY2027, the single reporting analyst models revenue of $473.1M and EPS of -$0.01. Ranpak beat EPS estimates in 1 of the last 4 quarters, with its next earnings date scheduled for October 29, 2026.

This page is an AI-written research summary of Ranpak Holdings Corp. (PACK). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: PACK income statement, PACK balance sheet, PACK key metrics, PACK analyst forecast, PACK chart. See the PACK stock overview for the latest quote and news.