Ranpak Holdings (PACK) Current Taxes (2019 - 2024)
Ranpak Holdings (PACK) posted quarterly Current Taxes of $4.1 million for Q1 2024, up 7.89% year-over-year from $3.8 million in Q2 2023, and up 64.0% quarter-over-quarter from $2.5 million in Q4 2023.
Ranpak Holdings (PACK) Current Taxes (2019 - 2024) Analysis & Trends
Ranpak Holdings (PACK) has reported Current Taxes for 6 consecutive years, with $4.1 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Current Taxes rose 7.89% year-over-year to $4.1 million; the TTM figure through Mar 2024 stood at $4.1 million (up 7.89% YoY), while the FY2023 annual figure was $2.5 million, down 26.47% from the prior year.
- Current Taxes grew to $4.1 million in Q1 2024 per PACK's latest filing, from $2.5 million in the prior quarter.
- Across five years, Current Taxes topped out at $12.0 million in Q2 2022 and bottomed at $1.5 million in Q3 2023.
- Historically, Current Taxes has averaged $5.8 million across 5 years, with a median of $5.1 million in 2021.
- Annual changes were most pronounced in 2021 — Current Taxes soared 97.14% — and 2023, when it plunged 84.69%.
- Ranpak Holdings' Current Taxes stood at $3.5 million in 2020, then jumped by 97.14% to $6.9 million in 2021, then tumbled by 50.72% to $3.4 million in 2022, then decreased by 26.47% to $2.5 million in 2023, then jumped by 64.0% to $4.1 million in 2024.
- Business Quant data shows PACK's Current Taxes at $4.1 million in Q1 2024, $2.5 million in Q4 2023, and $1.5 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.90 Bn | 25.22 Bn | 1.40 Bn | - |
| 2 | Amcor | 22.46 Bn | 21.34 Bn | 1.34 Bn | - |
| 3 | Packaging Corp Of America | 22.45 Bn | 21.86 Bn | 512.50 Mn | - |
| 4 | International Paper | 22.02 Bn | 21.29 Bn | 1.66 Bn | - |
| 5 | Ball | 16.90 Bn | 16.22 Bn | 697.00 Mn | - |
| 6 | Avery Dennison | 14.05 Bn | 13.82 Bn | 729.40 Mn | - |
| 7 | Crown Holdings | 13.08 Bn | 12.43 Bn | 748.00 Mn | - |
| 8 | Sonoco Products | 5.92 Bn | 5.75 Bn | 392.38 Mn | 38.58 Mn |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.30 Bn | 245.00 Mn | 1.00 Mn |
| 10 | Ranpak Holdings | 437.15 Mn | 393.95 Mn | 34.50 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 4.10 Mn |
| Dec 31, 2023 | 2.50 Mn |
| Sep 30, 2023 | 1.50 Mn |
| Jun 30, 2023 | 2.70 Mn |
| Mar 31, 2023 | 3.80 Mn |
| Dec 31, 2022 | 3.40 Mn |
| Sep 30, 2022 | 9.80 Mn |
| Jun 30, 2022 | 12.00 Mn |
| Mar 31, 2022 | 10.80 Mn |
| Dec 31, 2021 | 6.90 Mn |
| Sep 30, 2021 | 6.20 Mn |
| Jun 30, 2021 | 6.60 Mn |
| Mar 31, 2021 | 6.90 Mn |
| Dec 31, 2020 | 3.50 Mn |
| Dec 31, 2019 | 2.40 Mn |