Ranpak Holdings (PACK) Gross Margin (2018 - 2026)
Ranpak Holdings (PACK) posted quarterly Gross Margin of 32.79% for Q2 2026, up 148.0% year-over-year from 13.22% in Q2 2025, and down 4.9% quarter-over-quarter from 34.49% in Q1 2026.
Ranpak Holdings (PACK) Gross Margin (2018 - 2026) Analysis & Trends
Ranpak Holdings (PACK) has reported Gross Margin for 9 consecutive years, with 32.79% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 148.0% year-over-year to 32.79%; the TTM figure through Jun 2026 stood at 33.57% (down 205.0% YoY), while the FY2025 annual figure was 33.09%, down 481.0% from the prior year.
- Gross Margin slipped to 32.79% in Q2 2026 per PACK's latest filing, from 34.49% in the prior quarter.
- Across five years, Gross Margin topped out at 39.43% in Q4 2024 and bottomed at 28.09% in Q4 2022.
- Historically, Gross Margin has averaged 34.41% across 5 years, with a median of 34.18% in 2026.
- Annual changes were most pronounced in 2022 — Gross Margin sank 1157 bps — and 2023, when it surged 964 bps.
- Ranpak Holdings' Gross Margin stood at 28.09% in 2022, then surged by 34 bps to 37.72% in 2023, then increased by 5 bps to 39.43% in 2024, then dropped by 17 bps to 32.62% in 2025, then grew by 1 bps to 32.79% in 2026.
- Business Quant data shows PACK's Gross Margin at 32.79% in Q2 2026, 34.49% in Q1 2026, and 32.62% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.90 Bn | 25.22 Bn | 1.40 Bn | 17.42% |
| 2 | Amcor | 22.53 Bn | 21.41 Bn | 1.34 Bn | 20.90% |
| 3 | Packaging Corp Of America | 22.42 Bn | 21.83 Bn | 512.50 Mn | 20.58% |
| 4 | International Paper | 22.01 Bn | 21.29 Bn | 1.66 Bn | 27.65% |
| 5 | Ball | 16.88 Bn | 16.20 Bn | 697.00 Mn | 17.44% |
| 6 | Avery Dennison | 14.03 Bn | 13.80 Bn | 729.40 Mn | 29.62% |
| 7 | Crown Holdings | 13.03 Bn | 12.38 Bn | 748.00 Mn | 20.39% |
| 8 | Sonoco Products | 5.91 Bn | 5.74 Bn | 392.38 Mn | 20.81% |
| 9 | Reynolds Consumer Products | 5.36 Bn | 5.29 Bn | 245.00 Mn | 25.95% |
| 10 | Ranpak Holdings | 435.44 Mn | 392.24 Mn | 34.50 Mn | 32.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.79% |
| Mar 31, 2026 | 42.67% |
| Dec 31, 2025 | 38.95% |
| Sep 30, 2025 | 41.15% |
| Jun 30, 2025 | 31.31% |
| Mar 31, 2025 | 39.82% |
| Dec 31, 2024 | 45.20% |
| Sep 30, 2024 | 43.77% |
| Jun 30, 2024 | 43.54% |
| Mar 31, 2024 | 44.55% |
| Dec 31, 2023 | 26.41% |
| Sep 30, 2023 | 45.26% |
| Jun 30, 2023 | 36.87% |
| Mar 31, 2023 | 33.87% |
| Dec 31, 2022 | 76.11% |
| Sep 30, 2022 | 31.36% |
| Jun 30, 2022 | 32.60% |
| Mar 31, 2022 | 29.82% |
| Dec 31, 2021 | 35.66% |
| Sep 30, 2021 | 39.13% |