Ranpak (PACK)
Sells paper packaging systems, consumables, and automation for shipping protection.
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Sells paper-based protective packaging systems, recurring consumables, and end-of-line automation for e-commerce and industrial shipping. Its model relies on installed converters, distributor and selected direct-customer relationships, and two geographic segments split between North America and Europe/Asia.
Supplies paper-based protective packaging systems for e-commerce and industrial supply chains, pairing installed converters with recurring consumables. Cushioning, Void-Fill, Wrapping, and Automation cover pad making, void filling, paper wrapping, cold-chain protection, mailers, machine vision, and end-of-line equipment.
Revenue is reported through North America and Europe/Asia, with Europe/Asia slightly larger than North America in recent reported revenue. Customers are reached through distributors and selected direct relationships, while the operating footprint spans US sites and facilities in the Netherlands, the Czech Republic, and Malaysia.
Execution depends on placing machines, keeping paper consumables flowing through those systems, and extending automation around packing lines. The business is shaped by shipping demand, paper input and freight conditions, currency movements, and customer willingness to replace plastic or multi-substrate packaging with paper-based alternatives.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Oct 31, 2025 | Robert W. Baird | Target | Target: $5 | Target: $6 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $43.2M · Total debt $428.2M · Total assets $1.10B · Shareholders' equity $519.9M
- Revenue
- $86.4M
- Operating income
- −$2.4M
- Net income
- −$7.9M
No dividends on record.
| Institutions | ≈ 89.12% | 76.43M shares | |
|---|---|---|---|
| 137 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 3.42% | 2.93M shares | |
| 13 holders · as of Jul 6, 2026 | |||
| Strategic holders | 2.07% | 1.78M shares | |
| 1 holder · as of Feb 3, 2022 | |||
| Other | ≈ 5.39% | 4.62M shares | |
| remainder | |||
85.76M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
JS Capital Management LLCInstitution | 35.60% | 30.53M | as of Jun 30, 2026 |
Soros Capital Management LLCInstitution | 5.40% | 4.63M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 4.17% | 3.57M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 3.69% | 3.17M | as of Jun 30, 2026 |
Schusterman Interests, LLCInstitution | 3.52% | 3.02M | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
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- Sonoco Products
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- Packaging Corporation of America
Corrugated and honeycomb protection for shipping and industrial goods
- Crown
Transit-packaging equipment and consumables for shipment protection
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Ranpak | $4.22 | +0.12% | $345.6M | — | — | 0.9 | +14.0% |
| Smurfit Westrock | $46.45 | −0.04% | $23.82B | 48.3 | 15.8 | 0.8 | +1.7% |
| International Paper | $35.70 | 0.00% | $18.71B | — | 15.3 | 0.8 | −11.3% |
| Sonoco Products | $50.69 | −0.01% | $4.87B | 7.6 | 8.4 | 0.7 | −1.3% |
| Packaging Corporation of America | $238.23 | −0.00% | $21.23B | 30.9 | 20.2 | 2.2 | +14.7% |
| Crown | $109.50 | −0.13% | $11.83B | 15.6 | 12.9 | 0.9 | +16.5% |
| Median | 23.3 | 15.3 | 0.8 | +1.7% |