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What this page is: Delvantic's full research page for Ranpak Holdings Corp. (PACK) — AI-driven forensic equity research: mechanical valuation models (DCF, EPV, anchored-PE, scenario) plus three independent AI lenses (Quality / Value / Sentiment). Everything below is rendered server-side; you are not missing content that requires JavaScript. All scores are predictions and research opinions, not financial advice.

Page map (sections in order; each card carries a stable reference-name attribute you can cite):

  • profile-header / price-overview — company profile, live quote, market cap
  • extended-analysisthe core: three AI lens reads with findings, scores, and the analyst memo
  • future-predictions — our forward price-band predictions
  • market-narrative / ai-findings / gpt-critique — narrative context, cross-model findings, and an adversarial critique of our own analysis (near the end of the document)
  • Members-only sections (render as login gates for anonymous readers): price-history, income-trend, key-metrics, financials (statement tables), insider-trading. The analysis above is public; the raw data tables require a free account.

More for machine readers: site briefing at /llms.txt · any ticker resolves at delvantic.com/stock/TICKER · raw inputs are public-company filings and market data (via licensed data feeds); every model, score, lens read, and prediction on this page is Delvantic's own analysis.

Ranpak Holdings Corp.

PACK NYSE GICS Category PDF
Consumer Cyclical · Packaging & Containers
Concord Township, OH 44077, United States ranpak.com Updated Aug 8, 4:24am
Price
$5.51
Market Cap
$472.5M
Employees
800
Beta
3.12
Avg Volume
573,848
CEO
Mr. Omar Marwan Asali

Ranpak Holdings Corp. specializes in providing innovative sustainable packaging solutions. Its primary function is to supply paper-based protective packaging solutions designed to reduce environmental impact while ensuring product safety during transit. Ranpak caters to a wide range of industries including e-commerce, industrial manufacturing, and food & beverage, helping businesses transition towards more eco-friendly packaging options. By emphasizing recyclability and renewable materials, Ranpak addresses the increasing demand for sustainable packaging solutions in today's market. Established in 1972, Ranpak has positioned itself as a leader in the packaging industry with a strong commitment to sustainability and innovation. It operates globally, providing solutions that are both cost-effective and environmentally responsible. The company's solutions include automation systems and consumables that cater to various packaging needs, from cushioning to void-fill and wrapping processes. In the evolving landscape of packaging, Ranpak's unique focus on paper-based materials underscores its pivotal role in helping businesses meet growing regulatory and consumer demands for sustainability. By advancing the use of renewable materials, Ranpak contributes to reducing the carbon footprint associated with packaging, securing its significance in the market.

Runs with full report
Earnings Schedule
Checked daily · calendar updated Aug 8
No upcoming print on the calendar yet — companies typically confirm a few weeks ahead. Last print was Jul 30, 2026.
EPS surprise history — vs analyst consensus · 5 prints of vendor history
-100.0%
Oct '25
-316.2%
Dec '25
-100.0%
Mar '26
+22.2%
Apr '26
+37.5%
Jul '26
Print date EPS est. EPS actual Revenue est. Revenue actual
Jul 30, 2026 $-0.08 $-0.05 +37.5%
Apr 30, 2026 $-0.09 $-0.07 +22.2%
Mar 5, 2026 $-0.02 $-0.04 -100.0%
Dec 12, 2025 $-0.68 $-2.83 -316.2%
Oct 30, 2025 $-0.03 $-0.06 -100.0%

Green = beat the estimate, red = missed. An earnings print is the fastest way a thesis changes — our designations should be re-read after each one.

Recent SEC Filings
Filed Form Document
Jul 30, 2026 10-Q View
Jul 30, 2026 8-K View
Jul 6, 2026 4 View
Jul 6, 2026 4 View
Jul 6, 2026 4 View
May 26, 2026 4 View
May 26, 2026 4 View
May 26, 2026 4 View
May 26, 2026 4 View
May 26, 2026 4 View
May 26, 2026 4 View
May 26, 2026 4 View

Filings link to the SEC’s EDGAR system. Annual/quarterly reports (10-K, 10-Q, 20-F) carry the full story; 8-K/6-K current reports are the fastest signal that something material happened.

Price Overview
Last updated: Aug 9, 2026 4:12am (just now)
Current data · timestamped when a report runs
$5.51
Change · Aug 9
+0.08 (+1.47%)
Day Range
$5.44 – $5.58
52-Week Range
$3.22 – $7.81
50-Day MA
$6.69
200-Day MA
$5.44
Volume
530,900.00
Share Structure
Outstanding 85,750,150.00
Float 47,361,730.00
Free Float 55.2%
Normal free float — 55.2% of shares trade freely, ~44.8% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Last updated: Aug 9, 2026 4:12am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Aug 9, 2026 4:12am (just now)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
TD Twelve Data statement HEX SEC filing
P/E Ratio (Price per dollar of earnings)
HEX
Stock Price / EPS (Diluted)
-12.24
Stock Price: $5.51
EPS (Diluted): -0.45
P/B Ratio (Price vs net asset value)
HEX
Stock Price / Book Value Per Share
0.87
Stock Price: $5.51
Total Equity: $534.90M
Shares: 84,181,939
EV/EBITDA (Total value vs operating profit)
HEX
Enterprise Value / EBITDA
19.08
Market Cap: $472.53M
Total Debt: $400.30M
Cash: $63.00M
EBITDA: $42.40M
Enterprise Value (Takeover price (cap + debt - cash))
HEX
Market Cap + Total Debt - Cash
$809.1M
Market Cap: $472.53M
Total Debt: $400.30M
Cash: $63.00M
P/S Ratio (Price per dollar of revenue)
HEX
Stock Price / Revenue Per Share
1.17
Stock Price: $5.51
Revenue: $395.00M
Shares: 84,181,939
EV/Sales (Total value vs revenue — works when P/E can't)
CALC
2.05
Gross Margin (Revenue left after direct costs)
HEX
Gross Profit / Revenue
33.1%
Gross Profit: $130.70M
Revenue: $395.00M
Operating Margin (Revenue left after all operations)
HEX
Operating Income / Revenue
-6.2%
Operating Income: -$24.30M
Revenue: $395.00M
Net Margin (Revenue left as actual profit)
HEX
Net Income / Revenue
-9.7%
Net Income: -$38.30M
Revenue: $395.00M
ROE (Profit from shareholder equity)
HEX
Net Income / Total Equity
-7.2%
Net Income: -$38.30M
Total Equity: $534.90M
ROIC (Profit from all invested capital)
HEX
NOPAT / Invested Capital
-2.2%
Operating Income: -$24.30M
Tax Rate: 19.4%
Equity: $534.90M
Total Debt: $400.30M
Cash: $63.00M
Current Ratio (Can it pay short-term bills)
HEX
Current Assets / Current Liabilities
1.83
Current Assets: $153.80M
Current Liabilities: $84.00M
Debt/Equity (Leverage — debt vs equity)
HEX
Total Debt / Total Equity
0.75
Short-Term Debt: $3.90M
Long-Term Debt: $396.40M
Total Debt: $400.30M
Total Equity: $534.90M
Rev/Share (Top-line per share)
HEX
Revenue / Shares Outstanding
$4.69
Revenue: $395.00M
Shares: 84,181,939
Book Value/Share (Net assets per share)
HEX
(Total Assets - Total Liabilities) / Shares
$6.35
Total Equity: $534.90M
Shares: 84,181,939
FCF/Share (Real cash generated per share)
HEX
(Operating Cash Flow + CapEx) / Shares
$0.27
Operating CF: $23.10M
CapEx: $0.00
Shares: 84,181,939
Div Yield (Annual income from holding)
TD
Last Annual Dividend / Stock Price
Last Dividend: $0.00
Stock Price: $5.51
Payout Ratio (Earnings paid out as dividends)
HEX
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: -$38.30M
Dividends paid not available in cash flow statement
Income Statement (Annual)
Last updated: Aug 9, 2026 4:12am (just now)
Metric 2021 2022 2023 2024 2025
Revenue $383.9M $326.5M $336.3M $368.9M $395.0M
Cost of Revenue $235.0M $226.9M $213.0M $229.1M $264.3M
Gross Profit $148.9M $99.6M $123.3M $139.8M $130.7M
Operating Expenses $136.7M $142.1M $130.8M $152.6M $155.0M
Operating Income $12.2M -$42.5M -$7.5M -$12.8M -$24.3M
Net Income -$2.8M -$41.4M -$27.1M -$21.5M -$38.3M
EBITDA $85.8M $26.5M $62.1M $52.5M $42.4M
EPS $-0.04 $-0.51 $-0.33 $-0.26 $-0.45
EPS (Diluted) $-0.04 $-0.51 $-0.33 $-0.26 $-0.45
Balance Sheet (Annual)
Last updated: Aug 9, 2026 4:12am (just now)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $103.9M $62.8M $62.0M $76.1M $63.0M
Total Current Assets $191.5M $139.6M $124.9M $151.2M $153.8M
Total Assets $1.2B $1.1B $1.1B $1.1B $1.1B
Current Liabilities $71.5M $39.1M $48.0M $68.4M $84.0M
Long-Term Debt $400.4M $391.7M $397.8M $400.8M $396.4M
Total Liabilities $577.2M $520.7M $550.7M $556.1M $590.0M
Total Equity $636.2M $612.8M $572.0M $548.1M $534.9M
Retained Earnings -$55.3M -$96.7M -$123.8M -$145.3M -$183.6M
Cash Flow (Annual)
Last updated: Aug 9, 2026 4:12am (just now)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $54.3M $1.1M $52.6M $41.4M $23.1M
Capital Expenditure -$54.5M -$44.8M -$55.3M
Free Cash Flow $-200,000 -$43.7M -$2.7M
Acquisitions (net) -$14.1M -$2.1M
Net Debt Issued / (Repaid) $0 -$1.9M $19.1M -$4.1M
Dividends Paid
Stock Buybacks $0
Net Change in Cash $55.4M -$41.1M $-800,000 $14.1M -$13.1M
Growth Trends (YoY %)
Last updated: Aug 9, 2026 4:12am (just now)
Metric 2022 2023 2024 2025
Revenue Growth -15.0% +3.0% +9.7% +7.1%
Gross Profit Growth -33.1% +23.8% +13.4% -6.5%
Operating Income Growth -448.4% +82.4% -70.7% -89.8%
Net Income Growth -1,378.6% +34.5% +20.7% -78.1%
EBITDA Growth -69.1% +134.3% -15.5% -19.2%
Industry Benchmarks
Compares PACK against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for PACK — it's generated by the pipeline (market-narrative step).
Claude Reading
Claude Opus reviews the pipeline's raw data + every prior verdict, then writes an independent take.
No AI findings yet for PACK — they're generated by the pipeline (ai-findings step) when a report is run on this ticker.
GPT Reading
GPT reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
No GPT reading yet for PACK — it's generated by the pipeline (gpt-critique step) after the other Big-3 seats, when a report is run on this ticker.
Grok Reading
Grok (xAI) reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
No Grok reading yet for PACK — it's generated by the pipeline (grok-critique step) alongside the other Big-3 seats, when a report is run on this ticker.
Advanced Analysis Forensic deep-dive · three lenses
A separate, manually-run forensic pipeline (dilution, earnings quality, liquidity → two scored lenses → the play). Hasn't been run for this ticker yet.
Character & Durability Scorecard
Ten long-horizon business-character traits the Quality / Value / Sentiment lenses don’t break out, scored 1–10.
No scorecard yet for PACK — the ten traits are scored by the pipeline (ext-scorecard step) when a report is run on this ticker.
Community AI Feedback
No community reviews yet for PACK. Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · twelvedata
v1.1.515 · 9f7cac68 · 2026-08-08 13:09:58