Ranpak (PACK) Revenue & Revenue Breakdown


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Ranpak Revenue Highlights


Latest Revenue (Y)

$336.30M

Latest Revenue (Q)

$92.20M

Main Segment (Y)

Paper

Main Geography (Y)

Europe And Asia Segment

Ranpak Revenue by Period


Ranpak Revenue by Year

DateRevenueChange
2023-12-31$336.30M3.00%
2022-12-31$326.50M-14.95%
2021-12-31$383.90M28.74%
2020-12-31$298.20M10.65%
2019-12-31$269.50M100.00%
2018-12-31--100.00%
2017-12-31$244.10M-

Ranpak generated $336.30M in revenue during NA 2023, up 3.00% compared to the previous quarter, and up Infinity% compared to the same period a year ago.

Ranpak Revenue by Quarter

DateRevenueChange
2024-09-30$92.20M6.71%
2024-06-30$86.40M1.29%
2024-03-31$85.30M-5.64%
2023-12-31$90.40M9.18%
2023-09-30$82.80M1.10%
2023-06-30$81.90M0.86%
2023-03-31$81.20M2.27%
2022-12-31$79.40M2.06%
2022-09-30$77.80M-10.37%
2022-06-30$86.80M5.21%
2022-03-31$82.50M-24.38%
2021-12-31$109.10M12.36%
2021-09-30$97.10M7.89%
2021-06-30$90.00M2.62%
2021-03-31$87.70M-4.57%
2020-12-31$91.90M19.66%
2020-09-30$76.80M16.19%
2020-06-30$66.10M4.26%
2020-03-31$63.40M-18.40%
2019-12-31$77.70M12.45%
2019-09-30$69.10M22.08%
2019-06-30$56.60M-14.37%
2019-03-31$66.10M-13.03%
2018-12-31$76.00M16.74%
2018-09-30$65.10M-0.15%
2018-06-30$65.20M5.84%
2018-03-31$61.60M100.00%
2017-12-31-100.00%
2017-09-30--

Ranpak generated $92.20M in revenue during Q3 2024, up 6.71% compared to the previous quarter, and up 112.58% compared to the same period a year ago.

Ranpak Revenue Breakdown


Ranpak Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20
Paper$264.20M$261.30M$321.40M$250.70M
Machine Lease$51.50M$50.10M$47.70M-
Product and Service, Other$20.60M$15.10M$14.80M-
Product And Service Other---$7.90M

Ranpak's latest annual revenue breakdown by segment (product or service), as of Dec 23: Paper (78.56%), Machine Lease (15.31%), and Product and Service, Other (6.13%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Product and Service, Other$7.30M$5.30M$6.30M$5.80M$4.80M$5.90M$4.10M$3.40M$3.50M$4.10M$4.10M$4.50M$3.80M$1.50M$4.10M-----
Paper$71.30M$67.50M$66.20M$71.80M$64.80M$63.30M$64.30M$62.30M$62.60M$70.20M$66.20M$91.90M$81.20M$73.50M$74.80M$79.50M$64.90M$52.90M$53.40M$136.50M
Machine Lease--$12.80M$12.80M$13.20M$12.70M$12.80M$13.70M$11.70M$12.50M$12.20M---------
Product And Service Other------------$4.10M$4.10M$2.10M$1.10M$1.50M---

Ranpak's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Paper (90.71%), and Product and Service, Other (9.29%).

Ranpak Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20
Europe And Asia Segment$199.00M$191.80M$237.00M-
North America Segment$137.30M$134.70M$146.90M-
North America---$110.90M
Europe Asia---$147.70M

Ranpak's latest annual revenue breakdown by geography, as of Dec 23: Europe And Asia Segment (59.17%), and North America Segment (40.83%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Europe Asia$44.60M$41.70M$53.30M$46.30M$37.40M---------------
North America$34.00M$31.10M$23.60M$34.30M$29.00M$28.20M$23.70M$70.80M------------
North America Segment--$31.90M$39.10M$34.90M$32.20M$31.10M$36.10M$33.40M$34.30M$30.90M$45.80M$37.30M$35.70M------
Europe And Asia Segment--$53.40M$51.30M$47.90M$49.70M$50.10M$43.30M$44.40M$52.50M$51.60M$63.30M$59.80M$54.30M------
Europe & Asia-----------------$28.50M--
Europe------------------$31.30M$69.90M

Ranpak's latest quarterly revenue breakdown by geography, as of Sep 24: Europe Asia (56.74%), and North America (43.26%).

Ranpak Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
WRKWestRock$20.31B$4.73B
AVYAvery Dennison$8.36B$2.18B
PKGPackaging Corporation of America$7.80B$2.18B
OIO-I Glass$7.11B$1.68B
SONSonoco Products Company$6.78B$1.68B
SLGNSilgan$5.99B$1.75B
SEESealed Air$5.49B$1.35B
GEFGreif$5.22B$1.45B
PTVEPactiv Evergreen$5.12B$1.34B
REYNReynolds Consumer Products$3.67B$910.00M
MYEMyers Industries$813.07M$205.07M
KRTKarat Packaging$405.65M$112.77M
PACKRanpak$336.30M$92.20M

PACK Revenue FAQ


What is Ranpak’s yearly revenue?

Ranpak's yearly revenue for 2023 was $336.3M, representing an increase of 3.00% compared to 2022. The company's yearly revenue for 2022 was $326.5M, representing a decrease of -14.95% compared to 2021. PACK's yearly revenue for 2021 was $383.9M, representing an increase of 28.74% compared to 2020.

What is Ranpak’s quarterly revenue?

Ranpak's quarterly revenue for Q3 2024 was $92.2M, a 6.71% increase from the previous quarter (Q2 2024), and a 11.35% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $86.4M, a 1.29% increase from the previous quarter (Q1 2024), and a 5.49% increase year-over-year (Q2 2023). PACK's quarterly revenue for Q1 2024 was $85.3M, a -5.64% decrease from the previous quarter (Q4 2023), and a 5.05% increase year-over-year (Q1 2023).

What is Ranpak’s revenue growth rate?

Ranpak's revenue growth rate for the last 3 years (2021-2023) was -12.40%, and for the last 5 years (2019-2023) was 24.79%.

What are Ranpak’s revenue streams?

Ranpak's revenue streams in c 23 are Paper, Machine Lease, and Product and Service, Other. Paper generated $264.2M in revenue, accounting 78.56% of the company's total revenue, up 1.11% year-over-year. Machine Lease generated $51.5M in revenue, accounting 15.31% of the company's total revenue, up 2.79% year-over-year. Product and Service, Other generated $20.6M in revenue, accounting 6.13% of the company's total revenue, up 36.42% year-over-year.

What is Ranpak’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Ranpak was Paper. This segment made a revenue of $264.2M, representing 78.56% of the company's total revenue.