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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) 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 $64.3M, roughly 1.5× CAMDEN NATIONAL CORP). Over the past eight quarters, CAMDEN NATIONAL CORP's revenue compounded faster (22.6% CAGR vs 13.7%).

Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.

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...

CAC vs PACK — Head-to-Head

Bigger by revenue
PACK
PACK
1.5× larger
PACK
$93.7M
$64.3M
CAC
Faster 2-yr revenue CAGR
CAC
CAC
Annualised
CAC
22.6%
13.7%
PACK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CAC
CAC
PACK
PACK
Revenue
$64.3M
$93.7M
Net Profit
$21.9M
Gross Margin
39.0%
Operating Margin
-1.0%
Net Margin
34.0%
Revenue YoY
2.3%
Net Profit YoY
EPS (diluted)
$1.29
$-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
CAC
CAC
PACK
PACK
Q1 26
$64.3M
Q4 25
$68.1M
$93.7M
Q3 25
$65.4M
$83.6M
Q2 25
$62.3M
$77.8M
Q1 25
$60.1M
$77.6M
Q4 24
$47.6M
$91.6M
Q3 24
$45.0M
$78.6M
Q2 24
$42.8M
$72.8M
Net Profit
CAC
CAC
PACK
PACK
Q1 26
$21.9M
Q4 25
$22.6M
Q3 25
$21.2M
$-10.4M
Q2 25
$14.1M
$-7.5M
Q1 25
$7.3M
$-10.9M
Q4 24
$14.7M
Q3 24
$13.1M
$-8.1M
Q2 24
$12.0M
$5.5M
Gross Margin
CAC
CAC
PACK
PACK
Q1 26
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%
Operating Margin
CAC
CAC
PACK
PACK
Q1 26
Q4 25
41.5%
-1.0%
Q3 25
40.5%
-6.8%
Q2 25
28.5%
-12.5%
Q1 25
10.3%
-10.3%
Q4 24
38.7%
1.5%
Q3 24
35.2%
-5.3%
Q2 24
34.7%
-7.1%
Net Margin
CAC
CAC
PACK
PACK
Q1 26
34.0%
Q4 25
33.1%
Q3 25
32.4%
-12.4%
Q2 25
22.6%
-9.6%
Q1 25
12.2%
-14.0%
Q4 24
30.8%
Q3 24
29.1%
-10.3%
Q2 24
28.0%
7.6%
EPS (diluted)
CAC
CAC
PACK
PACK
Q1 26
$1.29
Q4 25
$1.33
$-0.11
Q3 25
$1.25
$-0.12
Q2 25
$0.83
$-0.09
Q1 25
$0.43
$-0.13
Q4 24
$1.00
$-0.13
Q3 24
$0.90
$-0.10
Q2 24
$0.81
$0.07

Balance Sheet & Financial Strength

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

Metric
CAC
CAC
PACK
PACK
Cash + ST InvestmentsLiquidity on hand
$63.0M
Total DebtLower is stronger
$514.4M
$401.9M
Stockholders' EquityBook value
$710.0M
$534.9M
Total Assets
$7.0B
$1.1B
Debt / EquityLower = less leverage
0.72×
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAC
CAC
PACK
PACK
Q1 26
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
Total Debt
CAC
CAC
PACK
PACK
Q1 26
$514.4M
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
Stockholders' Equity
CAC
CAC
PACK
PACK
Q1 26
$710.0M
Q4 25
$696.6M
$534.9M
Q3 25
$676.4M
$537.8M
Q2 25
$652.1M
$539.0M
Q1 25
$640.1M
$544.1M
Q4 24
$531.2M
$548.1M
Q3 24
$529.9M
$564.3M
Q2 24
$508.3M
$566.2M
Total Assets
CAC
CAC
PACK
PACK
Q1 26
$7.0B
Q4 25
$7.0B
$1.1B
Q3 25
$7.0B
$1.1B
Q2 25
$6.9B
$1.1B
Q1 25
$7.0B
$1.1B
Q4 24
$5.8B
$1.1B
Q3 24
$5.7B
$1.1B
Q2 24
$5.7B
$1.1B
Debt / Equity
CAC
CAC
PACK
PACK
Q1 26
0.72×
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×

Cash Flow & Capital Efficiency

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

Metric
CAC
CAC
PACK
PACK
Operating Cash FlowLast quarter
$19.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAC
CAC
PACK
PACK
Q1 26
Q4 25
$63.9M
$19.5M
Q3 25
$36.1M
$8.5M
Q2 25
$6.0M
$-3.6M
Q1 25
$1.0M
$-1.3M
Q4 24
$60.9M
$6.5M
Q3 24
$-14.5M
$10.1M
Q2 24
$14.5M
$19.6M
Free Cash Flow
CAC
CAC
PACK
PACK
Q1 26
Q4 25
$58.2M
Q3 25
$35.4M
Q2 25
$4.5M
Q1 25
$-727.0K
Q4 24
$55.4M
Q3 24
$-16.2M
Q2 24
$13.2M
FCF Margin
CAC
CAC
PACK
PACK
Q1 26
Q4 25
85.5%
Q3 25
54.1%
Q2 25
7.3%
Q1 25
-1.2%
Q4 24
116.4%
Q3 24
-36.0%
Q2 24
30.8%
Capex Intensity
CAC
CAC
PACK
PACK
Q1 26
Q4 25
8.4%
Q3 25
1.1%
Q2 25
2.4%
Q1 25
2.9%
Q4 24
11.7%
Q3 24
3.8%
Q2 24
3.0%
Cash Conversion
CAC
CAC
PACK
PACK
Q1 26
Q4 25
2.83×
Q3 25
1.70×
Q2 25
0.43×
Q1 25
0.14×
Q4 24
4.15×
Q3 24
-1.11×
Q2 24
1.21×
3.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CAC
CAC

Net Interest Income$52.4M81%
Noninterest Income$12.0M19%

PACK
PACK

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

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