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
DateValue
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%