vs

Side-by-side financial comparison of Burke & Herbert Financial Services Corp. (BHRB) 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 $86.5M, roughly 1.1× Burke & Herbert Financial Services Corp.). On growth, Burke & Herbert Financial Services Corp. posted the faster year-over-year revenue change (4.9% vs 2.3%). Over the past eight quarters, Burke & Herbert Financial Services Corp.'s revenue compounded faster (81.1% CAGR vs 13.7%).

Burke & Herbert Financial Services Corp is a U.S.-based regional financial holding company, offering personal and commercial banking, wealth management, residential mortgage lending, and small business financing services. Its core market covers Virginia and adjacent Mid-Atlantic regions, serving retail consumers, SMEs, and high-net-worth clients.

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...

BHRB vs PACK — Head-to-Head

Bigger by revenue
PACK
PACK
1.1× larger
PACK
$93.7M
$86.5M
BHRB
Growing faster (revenue YoY)
BHRB
BHRB
+2.6% gap
BHRB
4.9%
2.3%
PACK
Faster 2-yr revenue CAGR
BHRB
BHRB
Annualised
BHRB
81.1%
13.7%
PACK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BHRB
BHRB
PACK
PACK
Revenue
$86.5M
$93.7M
Net Profit
$30.2M
Gross Margin
39.0%
Operating Margin
43.8%
-1.0%
Net Margin
34.9%
Revenue YoY
4.9%
2.3%
Net Profit YoY
52.8%
EPS (diluted)
$1.98
$-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
BHRB
BHRB
PACK
PACK
Q4 25
$86.5M
$93.7M
Q3 25
$85.4M
$83.6M
Q2 25
$87.1M
$77.8M
Q1 25
$83.0M
$77.6M
Q4 24
$82.5M
$91.6M
Q3 24
$83.8M
$78.6M
Q2 24
$69.3M
$72.8M
Q1 24
$26.4M
$72.5M
Net Profit
BHRB
BHRB
PACK
PACK
Q4 25
$30.2M
Q3 25
$30.0M
$-10.4M
Q2 25
$29.9M
$-7.5M
Q1 25
$27.2M
$-10.9M
Q4 24
$19.8M
Q3 24
$27.6M
$-8.1M
Q2 24
$-16.9M
$5.5M
Q1 24
$5.2M
$-8.1M
Gross Margin
BHRB
BHRB
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
BHRB
BHRB
PACK
PACK
Q4 25
43.8%
-1.0%
Q3 25
43.3%
-6.8%
Q2 25
42.7%
-12.5%
Q1 25
39.6%
-10.3%
Q4 24
24.6%
1.5%
Q3 24
39.2%
-5.3%
Q2 24
-27.5%
-7.1%
Q1 24
22.3%
-6.6%
Net Margin
BHRB
BHRB
PACK
PACK
Q4 25
34.9%
Q3 25
35.1%
-12.4%
Q2 25
34.3%
-9.6%
Q1 25
32.8%
-14.0%
Q4 24
24.0%
Q3 24
33.0%
-10.3%
Q2 24
-24.4%
7.6%
Q1 24
19.8%
-11.2%
EPS (diluted)
BHRB
BHRB
PACK
PACK
Q4 25
$1.98
$-0.11
Q3 25
$1.97
$-0.12
Q2 25
$1.97
$-0.09
Q1 25
$1.80
$-0.13
Q4 24
$1.72
$-0.13
Q3 24
$1.82
$-0.10
Q2 24
$-1.41
$0.07
Q1 24
$0.69
$-0.10

Balance Sheet & Financial Strength

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

Metric
BHRB
BHRB
PACK
PACK
Cash + ST InvestmentsLiquidity on hand
$63.0M
Total DebtLower is stronger
$401.9M
Stockholders' EquityBook value
$854.6M
$534.9M
Total Assets
$7.9B
$1.1B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHRB
BHRB
PACK
PACK
Q4 25
$63.0M
Q3 25
$49.9M
Q2 25
$49.2M
Q1 25
$65.5M
Q4 24
$76.1M
Q3 24
$69.5M
Q2 24
$65.1M
Q1 24
$55.1M
Total Debt
BHRB
BHRB
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
BHRB
BHRB
PACK
PACK
Q4 25
$854.6M
$534.9M
Q3 25
$822.2M
$537.8M
Q2 25
$780.0M
$539.0M
Q1 25
$758.0M
$544.1M
Q4 24
$730.2M
$548.1M
Q3 24
$738.1M
$564.3M
Q2 24
$693.1M
$566.2M
Q1 24
$319.3M
$560.0M
Total Assets
BHRB
BHRB
PACK
PACK
Q4 25
$7.9B
$1.1B
Q3 25
$7.9B
$1.1B
Q2 25
$8.1B
$1.1B
Q1 25
$7.8B
$1.1B
Q4 24
$7.8B
$1.1B
Q3 24
$7.9B
$1.1B
Q2 24
$7.8B
$1.1B
Q1 24
$3.7B
$1.1B
Debt / Equity
BHRB
BHRB
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
BHRB
BHRB
PACK
PACK
Operating Cash FlowLast quarter
$107.9M
$19.5M
Free Cash FlowOCF − Capex
$96.2M
FCF MarginFCF / Revenue
111.2%
Capex IntensityCapex / Revenue
13.5%
Cash ConversionOCF / Net Profit
3.57×
TTM Free Cash FlowTrailing 4 quarters
$164.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHRB
BHRB
PACK
PACK
Q4 25
$107.9M
$19.5M
Q3 25
$39.3M
$8.5M
Q2 25
$41.0K
$-3.6M
Q1 25
$37.6M
$-1.3M
Q4 24
$85.8M
$6.5M
Q3 24
$47.8M
$10.1M
Q2 24
$-46.0M
$19.6M
Q1 24
$7.1M
$5.2M
Free Cash Flow
BHRB
BHRB
PACK
PACK
Q4 25
$96.2M
Q3 25
$35.4M
Q2 25
$-3.4M
Q1 25
$35.9M
Q4 24
$81.2M
Q3 24
$46.0M
Q2 24
$-47.0M
Q1 24
$5.6M
FCF Margin
BHRB
BHRB
PACK
PACK
Q4 25
111.2%
Q3 25
41.5%
Q2 25
-3.9%
Q1 25
43.2%
Q4 24
98.5%
Q3 24
55.0%
Q2 24
-67.8%
Q1 24
21.2%
Capex Intensity
BHRB
BHRB
PACK
PACK
Q4 25
13.5%
Q3 25
4.5%
Q2 25
3.9%
Q1 25
2.1%
Q4 24
5.5%
Q3 24
2.1%
Q2 24
1.5%
Q1 24
5.7%
Cash Conversion
BHRB
BHRB
PACK
PACK
Q4 25
3.57×
Q3 25
1.31×
Q2 25
0.00×
Q1 25
1.38×
Q4 24
4.33×
Q3 24
1.73×
Q2 24
3.56×
Q1 24
1.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BHRB
BHRB

Segment breakdown not available.

PACK
PACK

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

Related Comparisons