Ranpak Holdings (PACK) Work In Process (2020 - 2026)
Ranpak Holdings (PACK) posted quarterly Work In Process of $4.5 million for Q2 2026, down 25.0% year-over-year from $6.0 million in Q2 2025, and up 66.67% quarter-over-quarter from $2.7 million in Q1 2026.
Ranpak Holdings (PACK) Work In Process (2020 - 2026) Analysis & Trends
Ranpak Holdings (PACK) has reported Work In Process for 7 consecutive years, with $4.5 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Work In Process fell 25.0% year-over-year to $4.5 million; the TTM figure through Jun 2026 stood at $4.5 million (down 25.0% YoY), while the FY2025 annual figure was $5.6 million, changed N/A from the prior year.
- Work In Process advanced to $4.5 million in Q2 2026 per PACK's latest filing, from $2.7 million in the prior quarter.
- Across five years, Work In Process topped out at $14.7 million in Q2 2022 and bottomed at $1.1 million in Q3 2024.
- Historically, Work In Process has averaged $5.3 million across 5 years, with a median of $5.6 million in 2025.
- Annual changes were most pronounced in 2022 — Work In Process jumped 2060.0% — and 2024, when it slumped 80.6%.
- Ranpak Holdings' Work In Process stood at $5.7 million in 2022, then slumped by 75.44% to $1.4 million in 2023, then slipped by 21.43% to $1.1 million in 2024, then jumped by 409.09% to $5.6 million in 2025, then declined by 19.64% to $4.5 million in 2026.
- Business Quant data shows PACK's Work In Process at $4.5 million in Q2 2026, $2.7 million in Q1 2026, and $5.6 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.90 Bn | 25.22 Bn | 1.40 Bn |
| 2 | Amcor | 22.53 Bn | 21.41 Bn | 1.34 Bn |
| 3 | Packaging Corp Of America | 22.42 Bn | 21.83 Bn | 512.50 Mn |
| 4 | International Paper | 22.01 Bn | 21.29 Bn | 1.66 Bn |
| 5 | Ball | 16.88 Bn | 16.20 Bn | 697.00 Mn |
| 6 | Avery Dennison | 14.03 Bn | 13.80 Bn | 729.40 Mn |
| 7 | Crown Holdings | 13.03 Bn | 12.38 Bn | 748.00 Mn |
| 8 | Sonoco Products | 5.91 Bn | 5.74 Bn | 392.38 Mn |
| 9 | Reynolds Consumer Products | 5.36 Bn | 5.29 Bn | 245.00 Mn |
| 10 | Ranpak Holdings | 435.44 Mn | 392.24 Mn | 34.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.50 Mn |
| Mar 31, 2026 | 2.70 Mn |
| Dec 31, 2025 | 5.60 Mn |
| Sep 30, 2025 | 6.60 Mn |
| Jun 30, 2025 | 6.00 Mn |
| Mar 31, 2025 | 3.40 Mn |
| Sep 30, 2024 | 1.10 Mn |
| Jun 30, 2024 | 1.30 Mn |
| Mar 31, 2024 | 2.00 Mn |
| Dec 31, 2023 | 1.40 Mn |
| Sep 30, 2023 | 2.30 Mn |
| Jun 30, 2023 | 6.70 Mn |
| Mar 31, 2023 | 6.70 Mn |
| Dec 31, 2022 | 5.70 Mn |
| Sep 30, 2022 | 8.10 Mn |
| Jun 30, 2022 | 14.70 Mn |
| Mar 31, 2022 | 10.80 Mn |
| Dec 31, 2021 | 1.20 Mn |
| Sep 30, 2021 | 1.70 Mn |
| Jun 30, 2021 | 1.20 Mn |