Ranpak Holdings Corp.

NYSE:PACK Stock Report

Market Cap: US$556.9m

Ranpak Holdings Management

Management criteria checks 4/4

Ranpak Holdings' CEO is Omar Asali, appointed in Aug 2019, has a tenure of 6.75 years. total yearly compensation is $1.94M, comprised of 35% salary and 65% bonuses, including company stock and options. directly owns 5.56% of the company’s shares, worth $30.94M. The average tenure of the management team and the board of directors is 4.6 years and 6.9 years respectively.

Key information

Omar Asali

Chief executive officer

US$1.9m

Total compensation

CEO salary percentage34.97%
CEO tenure6.8yrs
CEO ownership5.6%
Management average tenure4.6yrs
Board average tenure6.9yrs

Recent management updates

Recent updates

Analysis Article May 03

US$7.08: That's What Analysts Think Ranpak Holdings Corp. (NYSE:PACK) Is Worth After Its Latest Results

Shareholders will be ecstatic, with their stake up 33% over the past week following Ranpak Holdings Corp. 's...
Narrative Update Apr 23

PACK: Higher Margin Outlook And 2026 Guidance Will Support Constructive View

Analysts trimmed their price target on Ranpak Holdings to $6.00 from $6.00. The change reflects updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations rather than a shift in their fair value view.
Narrative Update Apr 09

PACK: Automation Expansion And 2026 Guidance Will Support Strong Upside Potential

Analysts now hold their fair value estimate for Ranpak Holdings at $8.00, with slight adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions shaping this updated price target narrative. What's in the News Issued earnings guidance for 2026, forecasting net revenue in a range of $415 million to $445 million, tied to expected net revenue growth of 5.1% to 12.7% (Corporate guidance).
Narrative Update Mar 25

PACK: Automation Expansion And 2026 Outlook Will Support Strong Upside Potential

Analysts have maintained their $8.00 price target on Ranpak Holdings, citing updated assumptions that include slightly higher discount and revenue growth rates, along with a modest adjustment to projected profit margins and future P/E expectations. What's in the News Ranpak Holdings issued earnings guidance for 2026, forecasting net revenue growth in the area of 5.1% to 12.7%, which corresponds to a range of US$415 million to US$445 million in net revenue (company guidance).
Narrative Update Mar 11

PACK: Automation Partnership Expansion Will Support Stronger Long Term Prospects

Analysts have cut their fair value estimate for Ranpak Holdings from $10.00 to $8.00, reflecting slightly lower assumptions for revenue growth, profit margins and future P/E, as well as a modestly higher discount rate in their models. What's in the News Ranpak issued earnings guidance for 2026, forecasting net revenue growth in the area of 5.1% to 12.7%, implying a net revenue range of about $415 million to $445 million for the year (company guidance).
Narrative Update Feb 24

PACK: Healthcare Automation Partnership Will Support A More Constructive Outlook

Analysts have kept their $6.00 price target on Ranpak Holdings unchanged. They point to updated assumptions around discount rate, revenue growth, profit margin, and future P/E that offset each other in their valuation work.
Narrative Update Feb 10

PACK: Automation Expansion And Steady Assumptions Will Support Balanced Outlook

Analysts have modestly lifted their price target on Ranpak Holdings to US$6.00. This reflects small tweaks to discount rate, revenue growth, profit margin and future P/E assumptions that keep their fair value view broadly unchanged.
Analysis Article Feb 07

Is Ranpak Holdings (NYSE:PACK) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narrative Update Jan 27

PACK: Automation Partnership And Steady Assumptions Will Support Balanced Outlook

Analysts have nudged their price target on Ranpak Holdings slightly higher to US$6.00. This reflects small adjustments to assumptions around discount rate, revenue growth, profit margin and future P/E that keep their overall fair value view broadly unchanged.
Narrative Update Jan 12

PACK: Compact Paper Solutions And Stable Assumptions Will Support Balanced Outlook

Analysts have nudged their price target on Ranpak Holdings slightly higher to about $6.00, reflecting small adjustments to inputs such as discount rate, expected revenue growth, profit margin, and future P/E assumptions. What's in the News Ranpak reported that from July 1, 2025 to October 30, 2025, it repurchased 0 shares for $0m under its existing buyback program, with the total completed repurchase under the program also at 0 shares for $0m (Key Developments).
Narrative Update Dec 26

PACK: Paper Packaging Expansion Will Shape Balanced Long Term Outlook

Analysts have raised their price target on Ranpak Holdings by approximately 20 percent to reflect a modestly lower discount rate, slightly tempered expectations for revenue growth and profit margins, and a higher anticipated future price-to-earnings multiple. What's in the News Ranpak Holdings Corp.
Narrative Update Dec 12

PACK: Margin Expansion And New Automation Offerings Will Drive Future Upside Potential

Analysts have modestly raised their price target on Ranpak Holdings to 7.75 dollars, citing slightly lower discount rates, stable revenue growth expectations, improved profit margin forecasts, and a marginally cheaper projected future price-to-earnings multiple. What's in the News Ranpak launched FillPak Mini, described as the most compact powered paper void fill solution on the market, targeting customers with limited packing space in Europe and Asia-Pacific (Key Developments).
Analysis Article Dec 11

Shareholders Should Be Pleased With Ranpak Holdings Corp.'s (NYSE:PACK) Price

It's not a stretch to say that Ranpak Holdings Corp.'s ( NYSE:PACK ) price-to-sales (or "P/S") ratio of 1.2x right now...
Narrative Update Nov 27

PACK: Automation Rollout And Product Launches Will Boost Upside Potential

Analysts have recently maintained their price target for Ranpak Holdings at $7.75, with only minor adjustments in projected discount rates, revenue growth, and profitability metrics. These factors suggest stable long-term expectations for the company.
Narrative Update Nov 10

PACK: Expanded Walmart Partnership And Automation Rollout Will Drive Upside

Analysts have raised their price target for Ranpak Holdings from $7.17 to $7.75 per share, citing revisions to valuation models and updated projections for future company performance. What's in the News Ranpak has introduced the FillPak Mini, its smallest powered paper void fill converter to date.
Analysis Article Sep 08

There's Reason For Concern Over Ranpak Holdings Corp.'s (NYSE:PACK) Massive 31% Price Jump

Ranpak Holdings Corp. ( NYSE:PACK ) shares have continued their recent momentum with a 31% gain in the last month...
Narrative Update Aug 27

North American Automation Wins Will Boost Sustainable Packaging Adoption

The consensus analyst price target for Ranpak Holdings has been raised, primarily reflecting a notable increase in the expected future P/E multiple, bringing the fair value estimate up from $6.50 to $7.17. What's in the News Ranpak Holdings announced a major expansion of its partnership with Walmart; Walmart will deploy numerous Ranpak AutoFill systems with AI-powered DecisionTower technology across five additional Next Generation Fulfillment Centers to improve efficiency, reduce packaging waste, and enhance product protection.
Seeking Alpha Aug 07

Ranpak Holdings: We Are At The Early Stages Of A Turnaround

Summary I am upgrading Ranpak Holdings stock from 'hold' to 'buy', due to improving fundamentals and attractive valuation. Despite revenue missing analyst estimates, earnings per share beat expectations, and management forecasts further revenue growth this year. Cost-cutting initiatives, automation revenue growth, and a strategic North American deal position the company for a stronger second half. PACK shares are attractively priced both absolutely and relative to peers, supporting my bullish outlook, despite recent profitability challenges. Read the full article on Seeking Alpha
Analysis Article Jul 24

Ranpak Holdings Corp.'s (NYSE:PACK) Popularity With Investors Is Under Threat From Overpricing

With a median price-to-sales (or "P/S") ratio of close to 1x in the Packaging industry in the United States, you could...
Analysis Article Apr 19

Ranpak Holdings Corp.'s (NYSE:PACK) Popularity With Investors Under Threat As Stock Sinks 39%

Ranpak Holdings Corp. ( NYSE:PACK ) shareholders that were waiting for something to happen have been dealt a blow with...
User avatar
New Narrative Mar 27

Automation, Malaysia Facilities And E-Commerce Alliances Will Drive Efficiency

Strategic partnerships and automation growth are set to boost revenue and enhance margin profiles.
Analysis Article Mar 09

Ranpak Holdings Corp. (NYSE:PACK) Released Earnings Last Week And Analysts Lifted Their Price Target To US$11.17

Last week, you might have seen that Ranpak Holdings Corp. ( NYSE:PACK ) released its annual result to the market. The...
Analysis Article Mar 05

Investor Optimism Abounds Ranpak Holdings Corp. (NYSE:PACK) But Growth Is Lacking

When you see that almost half of the companies in the Packaging industry in the United States have price-to-sales...
Seeking Alpha Dec 08

Ranpak Holdings: No Change In Sentiment As 2024 Nears Its End

Summary I downgraded Ranpak Holdings stock to a 'hold' in July due to its pricey stock despite growth, and it has since underperformed the S&P 500. The company's revenue rose to $92.2 million in Q3, driven by a 28.4% increase in Void-Fill machine sales, primarily from e-commerce in North America. Despite revenue growth, net income worsened to negative $8.1 million, impacted by higher costs and increased SG&A expenses, though operating cash flow and EBITDA improved. Ranpak Holdings is fairly valued compared to peers; maintaining a 'hold' rating is sensible unless the stock falls or bottom-line improvements occur. Read the full article on Seeking Alpha
Analysis Article Nov 28

Ranpak Holdings Corp. (NYSE:PACK) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected

Ranpak Holdings Corp. ( NYSE:PACK ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Sep 07

Is Ranpak Holdings (NYSE:PACK) Weighed On By Its Debt Load?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Aug 07

There's Reason For Concern Over Ranpak Holdings Corp.'s (NYSE:PACK) Massive 25% Price Jump

Ranpak Holdings Corp. ( NYSE:PACK ) shares have had a really impressive month, gaining 25% after a shaky period...
Seeking Alpha Jul 29

Ranpak Holdings: A Downgrade Is In Order On Valuation

Summary Ranpak Holdings Corp. provides paper filling and cushioning products for packaging, showing improvements in revenue, profits, and cash flows. Despite revenue growth in 2024, the company's stock is now pricey compared to similar firms, leading to a downgrade to a 'hold'. Recent innovations in sustainable packaging products show promise for future growth, but current valuation suggests a 'hold' rating is appropriate. Read the full article on Seeking Alpha
Analysis Article Jun 21

Ranpak Holdings Corp. (NYSE:PACK) Not Lagging Industry On Growth Or Pricing

When you see that almost half of the companies in the Packaging industry in the United States have price-to-sales...
Analysis Article May 03

Is Ranpak Holdings (NYSE:PACK) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 11

Ranpak Holdings Corp.'s (NYSE:PACK) Intrinsic Value Is Potentially 26% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, Ranpak Holdings fair value estimate is US$9.35 Current share...
Analysis Article Mar 13

Ranpak Holdings Corp. (NYSE:PACK) Looks Just Right With A 42% Price Jump

Ranpak Holdings Corp. ( NYSE:PACK ) shareholders have had their patience rewarded with a 42% share price jump in the...
Analysis Article Dec 26

Ranpak Holdings Corp. (NYSE:PACK) Looks Just Right With A 40% Price Jump

Ranpak Holdings Corp. ( NYSE:PACK ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Dec 08

Ranpak Holdings (NYSE:PACK) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

CEO Compensation Analysis

How has Omar Asali's remuneration changed compared to Ranpak Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$38m

Dec 31 2025US$2mUS$677k

-US$38m

Sep 30 2025n/an/a

-US$40m

Jun 30 2025n/an/a

-US$37m

Mar 31 2025n/an/a

-US$24m

Dec 31 2024US$2mUS$390k

-US$21m

Sep 30 2024n/an/a

-US$20m

Jun 30 2024n/an/a

-US$15m

Mar 31 2024n/an/a

-US$23m

Dec 31 2023US$3mn/a

-US$27m

Sep 30 2023n/an/a

-US$25m

Jun 30 2023n/an/a

-US$30m

Mar 31 2023n/an/a

-US$40m

Dec 31 2022US$1mn/a

-US$41m

Sep 30 2022n/an/a

-US$37m

Jun 30 2022n/an/a

-US$29m

Mar 31 2022n/an/a

-US$23m

Dec 31 2021US$23mn/a

-US$3m

Sep 30 2021n/an/a

-US$5m

Jun 30 2021n/an/a

-US$10m

Mar 31 2021n/an/a

-US$13m

Dec 31 2020US$1mn/a

-US$23m

Sep 30 2020n/an/a

-US$21m

Jun 30 2020n/an/a

-US$17m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$1mn/a

-US$17m

Compensation vs Market: Omar's total compensation ($USD1.94M) is about average for companies of similar size in the US market ($USD2.55M).

Compensation vs Earnings: Omar's compensation has been consistent with company performance over the past year.


CEO

Omar Asali (55 yo)

6.8yrs
Tenure
US$1,935,935
Compensation

Mr. Omar Marwan Asali is Founding Partner of One Madison Group LLC. Mr. Omar Marwan Asali is the Founder of Ranpak Holdings Corp. and has been its Chairman since June 2019 and serves as its Director since...


Leadership Team

NamePositionTenureCompensationOwnership
Omar Asali
Founder6.8yrsUS$1.94m5.56%
$ 30.9m
William Drew
Executive VP & CFO6yrsUS$815.06k0.50%
$ 2.8m
Paul Aram
Chief Operating Officerless than a yearUS$235.09k0.035%
$ 194.0k
Michael Gliedman
Executive VP6.2yrsno data0.094%
$ 521.3k
Sara Horvath
Executive VP4.6yrsno datano data
Greg Caldwell
Senior VP & Chief Marketing Officer1.2yrsno datano data
Bryan Boatner
Chief Revenue Officerless than a yearno datano data
4.6yrs
Average Tenure
58yo
Average Age

Experienced Management: PACK's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Omar Asali
Founder6.9yrsUS$1.94m5.56%
$ 30.9m
Michael Gliedman
Executive VP6.9yrsno data0.094%
$ 521.3k
Alicia Tranen
Independent Director6.9yrsUS$174.99k0.85%
$ 4.7m
Robert King
Independent Director8.8yrsUS$210.80k0.13%
$ 738.6k
Victoria Dolan
Independent Director1.6yrsUS$219.17k0.034%
$ 190.9k
Michael Jones
Non-Employee Director6.9yrsUS$174.99k0.29%
$ 1.6m
Pamela El
Independent Director5.5yrsUS$205.80k0.082%
$ 457.5k
Thomas Corley
Independent Director8.8yrsUS$185.00k0.13%
$ 700.2k
Salil Seshadri
Independent Director6.9yrsUS$188.74k0.87%
$ 4.8m
6.9yrs
Average Tenure
63yo
Average Age

Experienced Board: PACK's board of directors are considered experienced (6.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 13:47
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ranpak Holdings Corp. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ghansham PanjabiBaird
Alexander LeachBerenberg
Troy JensenCantor Fitzgerald & Co.