Ranpak Holdings (PACK) Gross Margin (2018 - 2026)
Ranpak Holdings' Gross Margin came in at 32.79% for Q2 2026, up 1.48 percentage points from 31.31% a year earlier but down 1.69 percentage points from the prior quarter.
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Analysis
Ranpak Holdings (PACK) Gross Margin (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ranpak Holdings reported Gross Margin of 33.57%, down 2.05 percentage points year-over-year; for FY2025, it came in at 33.09%, down 4.81 percentage points from FY2024.
- Gross Margin carries a five-year change of -8.02 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 37.90% in FY2024 (+1.23 pp), 36.66% in FY2023 (+6.16 pp), 30.51% in FY2022 (-8.28 pp) and 38.79% in FY2021 (-2.33 pp).
- The five-year range for quarterly Gross Margin is 28.09% (Q4 2022) to 39.43% (Q4 2024).
- Year-over-year, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -1.99 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2023 (a gain of 9.64 percentage points), and the weakest in Q1 2022 (a drop of 11.57 percentage points).
- Business Quant data shows PACK's Gross Margin at 34.49% (Q1 2026), 32.62% (Q4 2025) and 34.54% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.67 Bn | 18.57 Bn | 1.40 Bn | 17.42% |
| 2 | Packaging Corp Of America | 21.20 Bn | 18.74 Bn | 512.50 Mn | 20.58% |
| 3 | Amcor | 20.69 Bn | 16.11 Bn | 1.34 Bn | 20.90% |
| 4 | International Paper | 17.90 Bn | 13.80 Bn | 1.66 Bn | 27.65% |
| 5 | Ball | 16.94 Bn | 13.94 Bn | 697.00 Mn | 17.44% |
| 6 | Crown Holdings | 12.40 Bn | 9.22 Bn | 748.00 Mn | 20.39% |
| 7 | Sonoco Products | 5.02 Bn | 4.01 Bn | 392.38 Mn | 20.81% |
| 8 | Silgan Holdings | 4.22 Bn | 1.96 Bn | 294.88 Mn | 17.94% |
| 9 | Ardagh Metal Packaging | 2.74 Bn | -316,998.11 Bn | 238.00 Mn | 13.89% |
| 10 | Ranpak Holdings | 289.44 Mn | 84.84 Mn | 34.50 Mn | 32.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.79% |
| Mar 31, 2026 | 34.49% |
| Dec 31, 2025 | 32.62% |
| Sep 30, 2025 | 34.54% |
| Jun 30, 2025 | 31.31% |
| Mar 31, 2025 | 33.88% |
| Dec 31, 2024 | 39.43% |
| Sep 30, 2024 | 37.31% |
| Jun 30, 2024 | 36.69% |
| Mar 31, 2024 | 37.87% |
| Dec 31, 2023 | 37.72% |
| Sep 30, 2023 | 38.04% |
| 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% |
API Access
Ranpak Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PACK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PACK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PACK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();