Ranpak Holdings (PACK) Gross Margin (2018 - 2026)
Ranpak Holdings (PACK) posted quarterly Gross Margin of 42.67% for Q1 2026, up 878.0% YoY from 4.36% in Q1 2025, and up 82.35% sequentially from 23.4% in Q4 2025.
Ranpak Holdings (PACK) Gross Margin (2018 - 2026) Analysis & Trends
Ranpak Holdings has disclosed Gross Margin across 9 years of filings, most recently posting 42.67% for Q1 2026.
- In Q1 2026, Gross Margin rose 878.0% year-over-year to 42.67%; the TTM figure through Mar 2026 stood at 31.35% (down 697.0% YoY), while the FY2025 annual figure was 33.09%, down 481.0% from the prior year.
- Gross Margin improved to 42.67% in Q1 2026, from 23.4% in the prior quarter.
- Over the last five years, Gross Margin for PACK reached as high as 45.26% in Q3 2023 and fell as low as 23.4% in Q4 2025.
- The 5-year median for Gross Margin is 33.88% (2025), against an average of 34.58%.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 1390 bps — and 2025, when it tumbled 1603 bps.
- A 5-year view of Gross Margin shows it stood at 28.09% in 2022, then decreased by 6 bps to 26.41% in 2023, then surged by 49 bps to 39.43% in 2024, then sank by 41 bps to 23.4% in 2025, then jumped by 82 bps to 42.67% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 42.67%, 23.4%, and 34.54% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn | 17.93% |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn | 28.92% |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn | 28.92% |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn | 19.76% |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn | 23.60% |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn | 20.62% |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn | 17.02% |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn | 14.19% |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 | 11.90% |
| 10 | Ranpak Holdings | 586.23 Mn | 537.73 Mn | 34.90 Mn | 42.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.67% |
| Dec 31, 2025 | 23.40% |
| Sep 30, 2025 | 34.54% |
| Jun 30, 2025 | 31.31% |
| Mar 31, 2025 | 33.88% |
| Dec 31, 2024 | 39.43% |
| Sep 30, 2024 | 43.77% |
| Jun 30, 2024 | 36.69% |
| Mar 31, 2024 | 37.87% |
| Dec 31, 2023 | 26.41% |
| Sep 30, 2023 | 45.26% |
| Jun 30, 2023 | 36.87% |
| Mar 31, 2023 | 33.87% |
| Dec 31, 2022 | 28.09% |
| 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% |
| Jun 30, 2021 | 39.67% |