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Ranpak Holdings Corp. (PACK) Stock Fundamental Analysis & AI Rating 2026

PACK NYSE Converted Paper & Paperboard Prods (No Contaners/Boxes) E9 CIK: 0001712463
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
SELL
85% Conf
Pending
Analysis scheduled

📊 PACK Key Takeaways

Revenue: $395.0M
Net Margin: -9.7%
Free Cash Flow: $-32.2M
Current Ratio: 1.83x
Debt/Equity: 0.75x
EPS: $-0.45
AI Rating: SELL with 85% confidence
Ranpak Holdings Corp. (PACK) receives a SELL rating with 85% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $395.0M, net profit margin of -9.7%, and return on equity (ROE) of -7.2%, Ranpak Holdings Corp. demonstrates mixed fundamentals in the Materials sector. Below is our complete PACK stock analysis for 2026.

Is Ranpak Holdings Corp. (PACK) a Good Investment?

Claude

Ranpak is experiencing high-quality revenue growth (+18.7% YoY) but is destroying value operationally, with net losses deepening 78.1% YoY and negative free cash flow of -$32.2M. The company cannot cover interest expenses from operating income and is burning cash faster than it can generate it, making the debt load of $401.9M unsustainable at current trajectory.

Why Buy Ranpak Holdings Corp. Stock? PACK Key Strengths

Claude
  • + Revenue growth of 18.7% YoY demonstrates market demand and sales execution
  • + Gross margin of 33.1% indicates adequate pricing power and product economics
  • + Operating cash flow of $23.1M is positive, suggesting some underlying cash generation capability

PACK Stock Risks: Ranpak Holdings Corp. Investment Risks

Claude
  • ! Operating income negative at -$24.3M and net income collapsing at -$38.3M with 78.1% YoY decline indicates severe operational problems
  • ! Negative free cash flow of -$32.2M with negative FCF margin of -8.2% is unsustainable; company burning cash despite revenue growth
  • ! Interest coverage ratio of -3.9x means company cannot service debt from operations; relying on asset depletion or external financing
  • ! Operating expenses exceed gross profit by $94M annually; business model not profitable at current scale
  • ! Capital expenditure of $55.3M exceeds operating cash flow, indicating growth capital needs cannot be self-funded

Key Metrics to Watch

Claude
  • * Operating margin - must turn positive to indicate business fundamentals are improving
  • * Free cash flow trend - negative $32.2M burn rate is the critical sustainability issue
  • * Interest coverage ratio - must improve materially to show debt can be serviced from operations

Ranpak Holdings Corp. (PACK) Financial Metrics & Key Ratios

Revenue
$395.0M
Net Income
$-38.3M
EPS (Diluted)
$-0.45
Free Cash Flow
$-32.2M
Total Assets
$1.1B
Cash Position
$63.0M

💡 AI Analyst Insight

Ranpak Holdings Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

PACK Profit Margin, ROE & Profitability Analysis

Gross Margin 33.1%
Operating Margin -6.2%
Net Margin -9.7%
ROE -7.2%
ROA -3.4%
FCF Margin -8.2%

PACK vs Materials Sector: How Ranpak Holdings Corp. Compares

How Ranpak Holdings Corp. compares to Materials sector averages

Net Margin
PACK -9.7%
vs
Sector Avg 10.0%
PACK Sector
ROE
PACK -7.2%
vs
Sector Avg 14.0%
PACK Sector
Current Ratio
PACK 1.8x
vs
Sector Avg 1.6x
PACK Sector
Debt/Equity
PACK 0.8x
vs
Sector Avg 0.6x
PACK Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Ranpak Holdings Corp. Stock Overvalued? PACK Valuation Analysis 2026

Based on fundamental analysis, Ranpak Holdings Corp. shows some fundamental concerns relative to the Materials sector in 2026.

Return on Equity
-7.2%
Sector avg: 14%
Net Profit Margin
-9.7%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.75x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Ranpak Holdings Corp. Balance Sheet: PACK Debt, Cash & Liquidity

Current Ratio
1.83x
Quick Ratio
1.47x
Debt/Equity
0.75x
Debt/Assets
52.4%
Interest Coverage
-3.92x
Long-term Debt
$401.9M

PACK Revenue & Earnings Growth: 5-Year Financial Trend

PACK 5-year financial data: Year 2019: Revenue $229.2M, Net Income N/A, EPS N/A. Year 2024: Revenue $315.5M, Net Income -$41.4M, EPS $-0.51. Year 2025: Revenue $332.7M, Net Income -$27.1M, EPS $-0.33.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Ranpak Holdings Corp.'s revenue has grown significantly by 45% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.33 indicates the company is currently unprofitable.

PACK Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-8.2%
Free cash flow / Revenue

PACK Quarterly Earnings & Performance

Quarterly financial performance data for Ranpak Holdings Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $78.6M $5.5M $-0.10
Q2 2025 $72.8M -$2.6M $-0.03
Q1 2025 $72.5M -$8.1M $-0.10
Q3 2024 $69.6M -$2.1M $-0.04
Q2 2024 $69.2M -$2.1M $-0.03

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Ranpak Holdings Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$23.1M
Cash generated from operations
Capital Expenditures
$55.3M
Investment in assets
Dividends
None
No dividend program

PACK SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Ranpak Holdings Corp. (CIK: 0001712463)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 DEF 14A ny20063317x2_def14a.htm View →
Apr 7, 2026 4 xslF345X06/ownership.xml View →
Apr 7, 2026 4 xslF345X06/ownership.xml View →
Apr 7, 2026 4 xslF345X06/ownership.xml View →
Mar 12, 2026 4 xslF345X05/dp243264_4-gliedman.xml View →

Frequently Asked Questions about PACK

What is the AI rating for PACK?

Ranpak Holdings Corp. (PACK) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PACK's key strengths?

Claude: Revenue growth of 18.7% YoY demonstrates market demand and sales execution. Gross margin of 33.1% indicates adequate pricing power and product economics.

What are the risks of investing in PACK?

Claude: Operating income negative at -$24.3M and net income collapsing at -$38.3M with 78.1% YoY decline indicates severe operational problems. Negative free cash flow of -$32.2M with negative FCF margin of -8.2% is unsustainable; company burning cash despite revenue growth.

What is PACK's revenue and growth?

Ranpak Holdings Corp. reported revenue of $395.0M.

Does PACK pay dividends?

Ranpak Holdings Corp. does not currently pay dividends.

Where can I find PACK SEC filings?

Official SEC filings for Ranpak Holdings Corp. (CIK: 0001712463) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PACK's EPS?

Ranpak Holdings Corp. has a diluted EPS of $-0.45.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is PACK a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Ranpak Holdings Corp. has a SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is PACK stock overvalued or undervalued?

Valuation metrics for PACK: ROE of -7.2% (sector avg: 14%), net margin of -9.7% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy PACK stock in 2026?

Our dual AI analysis gives Ranpak Holdings Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PACK's free cash flow?

Ranpak Holdings Corp.'s operating cash flow is $23.1M, with capital expenditures of $55.3M. FCF margin is -8.2%.

How does PACK compare to other Materials stocks?

Vs Materials sector averages: Net margin -9.7% (avg: 10%), ROE -7.2% (avg: 14%), current ratio 1.83 (avg: 1.6).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI