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Side-by-side financial comparison of Amalgamated Financial Corp. (AMAL) and Ranpak Holdings Corp. (PACK). Click either name above to swap in a different company.

Ranpak Holdings Corp. is the larger business by last-quarter revenue ($93.7M vs $85.2M, roughly 1.1× Amalgamated Financial Corp.). On growth, Amalgamated Financial Corp. posted the faster year-over-year revenue change (9.4% vs 2.3%). Over the past eight quarters, Ranpak Holdings Corp.'s revenue compounded faster (13.7% CAGR vs 4.3%).

CI Financial is a Canadian investment management company based in Toronto, Ontario. It offers investment management and wealth management services targeted to high net worth retail investors, as well as brokerage and trading services to portfolio managers and institutional investors.

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...

AMAL vs PACK — Head-to-Head

Bigger by revenue
PACK
PACK
1.1× larger
PACK
$93.7M
$85.2M
AMAL
Growing faster (revenue YoY)
AMAL
AMAL
+7.1% gap
AMAL
9.4%
2.3%
PACK
Faster 2-yr revenue CAGR
PACK
PACK
Annualised
PACK
13.7%
4.3%
AMAL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMAL
AMAL
PACK
PACK
Revenue
$85.2M
$93.7M
Net Profit
Gross Margin
39.0%
Operating Margin
39.0%
-1.0%
Net Margin
Revenue YoY
9.4%
2.3%
Net Profit YoY
EPS (diluted)
$0.88
$-0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMAL
AMAL
PACK
PACK
Q4 25
$85.2M
$93.7M
Q3 25
$85.6M
$83.6M
Q2 25
$80.9M
$77.8M
Q1 25
$77.0M
$77.6M
Q4 24
$77.9M
$91.6M
Q3 24
$81.0M
$78.6M
Q2 24
$78.5M
$72.8M
Q1 24
$78.3M
$72.5M
Net Profit
AMAL
AMAL
PACK
PACK
Q4 25
Q3 25
$26.8M
$-10.4M
Q2 25
$26.0M
$-7.5M
Q1 25
$25.0M
$-10.9M
Q4 24
Q3 24
$27.9M
$-8.1M
Q2 24
$26.8M
$5.5M
Q1 24
$27.2M
$-8.1M
Gross Margin
AMAL
AMAL
PACK
PACK
Q4 25
39.0%
Q3 25
41.1%
Q2 25
37.1%
Q1 25
39.8%
Q4 24
45.2%
Q3 24
43.8%
Q2 24
43.5%
Q1 24
44.6%
Operating Margin
AMAL
AMAL
PACK
PACK
Q4 25
39.0%
-1.0%
Q3 25
42.9%
-6.8%
Q2 25
43.8%
-12.5%
Q1 25
45.1%
-10.3%
Q4 24
42.4%
1.5%
Q3 24
47.2%
-5.3%
Q2 24
45.6%
-7.1%
Q1 24
49.2%
-6.6%
Net Margin
AMAL
AMAL
PACK
PACK
Q4 25
Q3 25
31.3%
-12.4%
Q2 25
32.1%
-9.6%
Q1 25
32.5%
-14.0%
Q4 24
Q3 24
34.5%
-10.3%
Q2 24
34.1%
7.6%
Q1 24
34.8%
-11.2%
EPS (diluted)
AMAL
AMAL
PACK
PACK
Q4 25
$0.88
$-0.11
Q3 25
$0.88
$-0.12
Q2 25
$0.84
$-0.09
Q1 25
$0.81
$-0.13
Q4 24
$0.78
$-0.13
Q3 24
$0.90
$-0.10
Q2 24
$0.87
$0.07
Q1 24
$0.89
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMAL
AMAL
PACK
PACK
Cash + ST InvestmentsLiquidity on hand
$291.2M
$63.0M
Total DebtLower is stronger
$401.9M
Stockholders' EquityBook value
$794.5M
$534.9M
Total Assets
$8.9B
$1.1B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMAL
AMAL
PACK
PACK
Q4 25
$291.2M
$63.0M
Q3 25
$115.5M
$49.9M
Q2 25
$171.1M
$49.2M
Q1 25
$65.7M
$65.5M
Q4 24
$60.7M
$76.1M
Q3 24
$149.2M
$69.5M
Q2 24
$58.0M
$65.1M
Q1 24
$155.2M
$55.1M
Total Debt
AMAL
AMAL
PACK
PACK
Q4 25
$401.9M
Q3 25
$403.1M
Q2 25
$403.1M
Q1 25
$405.2M
Q4 24
$406.4M
Q3 24
$403.2M
Q2 24
$396.1M
Q1 24
$396.7M
Stockholders' Equity
AMAL
AMAL
PACK
PACK
Q4 25
$794.5M
$534.9M
Q3 25
$775.6M
$537.8M
Q2 25
$754.0M
$539.0M
Q1 25
$736.0M
$544.1M
Q4 24
$707.7M
$548.1M
Q3 24
$698.2M
$564.3M
Q2 24
$646.0M
$566.2M
Q1 24
$616.8M
$560.0M
Total Assets
AMAL
AMAL
PACK
PACK
Q4 25
$8.9B
$1.1B
Q3 25
$8.7B
$1.1B
Q2 25
$8.6B
$1.1B
Q1 25
$8.3B
$1.1B
Q4 24
$8.3B
$1.1B
Q3 24
$8.4B
$1.1B
Q2 24
$8.3B
$1.1B
Q1 24
$8.1B
$1.1B
Debt / Equity
AMAL
AMAL
PACK
PACK
Q4 25
0.75×
Q3 25
0.75×
Q2 25
0.75×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.71×
Q2 24
0.70×
Q1 24
0.71×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMAL
AMAL
PACK
PACK
Operating Cash FlowLast quarter
$135.8M
$19.5M
Free Cash FlowOCF − Capex
$134.4M
FCF MarginFCF / Revenue
157.8%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$229.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMAL
AMAL
PACK
PACK
Q4 25
$135.8M
$19.5M
Q3 25
$39.5M
$8.5M
Q2 25
$24.9M
$-3.6M
Q1 25
$34.2M
$-1.3M
Q4 24
$124.1M
$6.5M
Q3 24
$35.8M
$10.1M
Q2 24
$28.0M
$19.6M
Q1 24
$31.3M
$5.2M
Free Cash Flow
AMAL
AMAL
PACK
PACK
Q4 25
$134.4M
Q3 25
$38.3M
Q2 25
$24.2M
Q1 25
$32.5M
Q4 24
$122.3M
Q3 24
$35.2M
Q2 24
$27.8M
Q1 24
$31.1M
FCF Margin
AMAL
AMAL
PACK
PACK
Q4 25
157.8%
Q3 25
44.7%
Q2 25
29.9%
Q1 25
42.2%
Q4 24
157.0%
Q3 24
43.4%
Q2 24
35.4%
Q1 24
39.7%
Capex Intensity
AMAL
AMAL
PACK
PACK
Q4 25
1.6%
Q3 25
1.4%
Q2 25
0.9%
Q1 25
2.3%
Q4 24
2.3%
Q3 24
0.7%
Q2 24
0.3%
Q1 24
0.3%
Cash Conversion
AMAL
AMAL
PACK
PACK
Q4 25
Q3 25
1.47×
Q2 25
0.96×
Q1 25
1.37×
Q4 24
Q3 24
1.28×
Q2 24
1.05×
3.56×
Q1 24
1.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMAL
AMAL

Segment breakdown not available.

PACK
PACK

Other$47.9M51%
Europe And Asia Segment$45.8M49%

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