Financial Snapshot

Revenue
$354.3M
TTM
Gross Margin
37.4%
TTM
Net Earnings
-$20.00M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
236.11%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$564.3M
Q3 2024
Cash
Q3 2024
P/E
-32.21
Nov 29, 2024 EST
Free Cash Flow
$18.80M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $336.3M $326.5M $383.9M $298.2M $269.5M $267.9M $244.1M
YoY Change 3.0% -14.95% 28.74% 10.65% 0.6% 9.75%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $336.3M $326.5M $383.9M $298.2M $269.5M $267.9M $244.1M
Cost Of Revenue $213.0M $226.9M $235.0M $175.6M $158.6M $153.3M $131.7M
Gross Profit $123.3M $99.60M $148.9M $122.6M $110.9M $114.6M $112.4M
Gross Profit Margin 36.66% 30.51% 38.79% 41.11% 41.15% 42.78% 46.05%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $91.80M $105.5M $98.30M $72.50M $60.00M $53.20M $46.30M
YoY Change -12.99% 7.32% 35.59% 20.83% 12.78% 14.9%
% of Gross Profit 74.45% 105.92% 66.02% 59.14% 54.1% 46.42% 41.19%
Research & Development $3.700M $3.600M $1.700M $2.300M $2.400M $2.200M
YoY Change 2.78% 111.76% -26.09% 9.09%
% of Gross Profit 3.0% 3.61% 1.14% 1.88% 2.09% 1.96%
Depreciation & Amortization $69.60M $69.00M $73.60M $62.70M $58.30M $64.50M $61.10M
YoY Change 0.87% -6.25% 17.38% 7.55% -9.61% 5.56%
% of Gross Profit 56.45% 69.28% 49.43% 51.14% 52.57% 56.28% 54.36%
Operating Expenses $95.50M $142.1M $100.0M $74.80M $108.7M $55.60M $48.50M
YoY Change -32.79% 42.1% 33.69% -31.19% 95.5% 14.64%
Operating Profit -$7.500M -$42.50M $12.20M $11.70M $2.200M $11.00M $31.20M
YoY Change -82.35% -448.36% 4.27% 431.82% -80.0% -64.74%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $24.30M -$18.50M $22.40M $30.20M -$46.00M $30.90M $30.70M
YoY Change -231.35% -182.59% -25.83% -165.65% -248.87% 0.65%
% of Operating Profit 183.61% 258.12% -2090.91% 280.91% 98.4%
Other Income/Expense, Net $200.0K $4.300M $0.00 $2.200M
YoY Change -95.35% -100.0%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$31.30M -$56.70M -$4.900M -$24.60M -$43.80M -$15.70M -$13.70M
YoY Change -44.8% 1057.14% -80.08% -43.84% 178.98% 14.6%
Income Tax -$4.200M -$15.30M -$2.100M -$1.200M -$7.600M -$7.100M -$41.40M
% Of Pretax Income
Net Earnings -$27.10M -$41.40M -$2.800M -$23.40M -$36.20M -$8.600M $27.70M
YoY Change -34.54% 1378.57% -88.03% -35.36% 320.93% -131.05%
Net Earnings / Revenue -8.06% -12.68% -0.73% -7.85% -13.43% -3.21% 11.35%
Basic Earnings Per Share -$0.33 -$0.51 -$0.04 -$0.32 -$8.698K $27.80K
Diluted Earnings Per Share -$0.33 -$0.51 -$0.04 -$0.32 -$653.5K -$8.698K $27.80K

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $62.00M $62.80M $103.9M $48.50M $19.70M $2.891M $1.900K
YoY Change -1.27% -39.56% 114.23% 146.19% 581.34% 152076.84%
Cash & Equivalents $62.00M $62.80M $103.9M $48.50M $19.70M
Short-Term Investments
Other Short-Term Assets $13.10M $16.70M $8.300M $3.400M $2.500M $223.8K
YoY Change -21.56% 101.2% 144.12% 36.0% 1017.27%
Inventory $17.30M $25.00M $32.90M $16.10M $11.60M
Prepaid Expenses
Receivables $31.60M $33.00M $43.70M $39.10M $36.10M
Other Receivables $900.0K $2.100M $2.700M $100.0K $1.500M
Total Short-Term Assets $124.9M $139.6M $191.5M $107.2M $71.40M $3.115M $1.900K
YoY Change -10.53% -27.1% 78.64% 50.14% 2192.05% 163853.68%
Property, Plant & Equipment $165.8M $130.0M $132.9M $124.4M $122.5M
YoY Change 27.54% -2.18% 6.83% 1.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $306.1M
YoY Change
Other Assets $36.50M $45.10M $29.50M $2.900M $3.100M $868.9K
YoY Change -19.07% 52.88% 917.24% -6.45%
Total Long-Term Assets $997.8M $993.9M $1.022B $1.026B $1.033B $306.1M $868.9K
YoY Change 0.39% -2.74% -0.43% -0.65% 237.45% 35129.76%
Total Assets $1.123B $1.134B $1.213B $1.134B $1.104B $309.2M $870.8K
YoY Change
Accounts Payable $17.60M $24.30M $33.50M $24.90M $12.30M $2.737M $724.0K
YoY Change -27.57% -27.46% 34.54% 102.44% 349.32% 278.1%
Accrued Expenses $23.40M $12.60M $27.00M $26.10M $15.10M
YoY Change 85.71% -53.33% 3.45% 72.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $4.000M $0.00
YoY Change -100.0%
Long-Term Debt Due $2.500M $1.300M $1.000M $500.0K $1.600M
YoY Change 92.31% 30.0% 100.0% -68.75%
Total Short-Term Liabilities $48.00M $39.10M $71.50M $57.50M $31.90M $6.737M $724.0K
YoY Change 22.76% -45.31% 24.35% 80.25% 373.47% 830.6%
Long-Term Debt $397.8M $391.7M $400.4M $432.7M $418.8M $0.00 $92.84K
YoY Change 1.56% -2.17% -7.46% 3.32% -100.0%
Other Long-Term Liabilities $33.30M $9.100M $7.600M $10.80M $6.900M $10.50M
YoY Change 265.93% 19.74% -29.63% 56.52% -34.29%
Total Long-Term Liabilities $431.1M $400.8M $408.0M $443.5M $425.7M $10.50M $92.84K
YoY Change 7.56% -1.76% -8.0% 4.18% 3954.29% 11209.78%
Total Liabilities $550.7M $520.7M $577.2M $610.6M $572.6M $18.04M $816.8K
YoY Change 5.76% -9.79% -5.47% 6.64% 3074.51% 2108.22%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 82.37M 81.88M 78.54M 72.43M 995.0 995.0 shares
Diluted Shares Outstanding 82.37M 81.88M 78.54M 72.43M 995.0 995.0 shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $644.3 Million

About Ranpak Holdings Corp.

Ranpak Holdings Corp. engages in the provision of product protection solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company is headquartered in Concord Township, Ohio and currently employs 800 full-time employees. The company went IPO on 2018-02-26. The firm's paper-based Protective Packaging Solutions (PPS) business utilizes a razor/razor-blade model where its proprietary PPS systems are provided to its distributors and certain select end-users for a nominal user fee, charged on a per-unit basis. Its paper packaging materials are fiber-based, biodegradable, renewable, and curb-side recyclable to customers. Its Automated Paper Solutions and Automated Solutions product lines provide end-of-line automation systems that solve distinct challenges facing end-users of its products: Automated Dunnage Insertion, Automated Box-Sizing and Machine Vision Solutions. Its Void-Fill protective systems convert paper to fill empty spaces in secondary packages and protect objects, reducing object movement during shipping and potential damage sustained in transit.

Industry: Converted Paper & Paperboard Prods (No Contaners/Boxes) Peers: Avery Dennison Corp Eightco Holdings Inc. SEALED AIR CORP/DE GRAPHIC PACKAGING HOLDING CO Pactiv Evergreen Inc. SONOCO PRODUCTS CO WestRock Co