Ranpak Holdings (PACK) Gross Margin (2018 - 2026)
Ranpak Holdings (PACK) reported Gross Margin of 42.67% for Q1 2026, up 878.0% year-over-year from 4.36% in Q1 2025, and up 82.35% quarter-over-quarter from 23.4% in Q4 2025.
Ranpak Holdings (PACK) Gross Margin (2018 - 2026) Analysis & Trends
Ranpak Holdings (PACK) has 9 years of Gross Margin data on file, last reported at 42.67% in Q1 2026.
- Gross Margin for Q1 2026 came in at 42.67%, up 878.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 31.35% (down 697.0% YoY), and the FY2025 annual result was 33.09%, down 481.0% from the prior year.
- Gross Margin advanced to 42.67% in Q1 2026 per PACK's latest filing, from 23.4% in the prior quarter.
- Over five years, Gross Margin peaked at 45.26% in Q3 2023 and troughed at 23.4% in Q4 2025.
- A 5-year average of 34.58% and a median of 33.88% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin jumped 1390 bps in 2023, then sank 1603 bps in 2025.
- 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 tumbled by 41 bps to 23.4% in 2025, then jumped by 82 bps to 42.67% in 2026.
- Business Quant data shows PACK's Gross Margin at 42.67% in Q1 2026, 23.4% in Q4 2025, and 34.54% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | 16.44% |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | 19.13% |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | 28.92% |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | 20.12% |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | 17.93% |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 28.92% |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | 19.76% |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | 20.62% |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 23.60% |
| 10 | Ranpak Holdings | 592.17 Mn | 543.67 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% |