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Side-by-side financial comparison of KAMADA LTD (KMDA) 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 $47.0M, roughly 2.0× KAMADA LTD). On growth, KAMADA LTD posted the faster year-over-year revenue change (12.6% vs 2.3%). Over the past eight quarters, Ranpak Holdings Corp.'s revenue compounded faster (13.7% CAGR vs 12.0%).

Kamada Ltd. is a global biopharmaceutical company specializing in the research, manufacturing, and commercialization of specialty pharmaceuticals derived from human plasma.

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...

KMDA vs PACK — Head-to-Head

Bigger by revenue
PACK
PACK
2.0× larger
PACK
$93.7M
$47.0M
KMDA
Growing faster (revenue YoY)
KMDA
KMDA
+10.3% gap
KMDA
12.6%
2.3%
PACK
Faster 2-yr revenue CAGR
PACK
PACK
Annualised
PACK
13.7%
12.0%
KMDA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
KMDA
KMDA
PACK
PACK
Revenue
$47.0M
$93.7M
Net Profit
$5.3M
Gross Margin
42.0%
39.0%
Operating Margin
16.6%
-1.0%
Net Margin
11.3%
Revenue YoY
12.6%
2.3%
Net Profit YoY
37.1%
EPS (diluted)
$0.09
$-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
KMDA
KMDA
PACK
PACK
Q4 25
$93.7M
Q3 25
$47.0M
$83.6M
Q2 25
$44.8M
$77.8M
Q1 25
$44.0M
$77.6M
Q4 24
$91.6M
Q3 24
$41.7M
$78.6M
Q2 24
$42.5M
$72.8M
Q1 24
$37.7M
$72.5M
Net Profit
KMDA
KMDA
PACK
PACK
Q4 25
Q3 25
$5.3M
$-10.4M
Q2 25
$7.4M
$-7.5M
Q1 25
$4.0M
$-10.9M
Q4 24
Q3 24
$3.9M
$-8.1M
Q2 24
$4.4M
$5.5M
Q1 24
$2.4M
$-8.1M
Gross Margin
KMDA
KMDA
PACK
PACK
Q4 25
39.0%
Q3 25
42.0%
41.1%
Q2 25
42.3%
37.1%
Q1 25
47.1%
39.8%
Q4 24
45.2%
Q3 24
41.3%
43.8%
Q2 24
44.6%
43.5%
Q1 24
44.4%
44.6%
Operating Margin
KMDA
KMDA
PACK
PACK
Q4 25
-1.0%
Q3 25
16.6%
-6.8%
Q2 25
15.8%
-12.5%
Q1 25
17.7%
-10.3%
Q4 24
1.5%
Q3 24
12.7%
-5.3%
Q2 24
13.3%
-7.1%
Q1 24
10.7%
-6.6%
Net Margin
KMDA
KMDA
PACK
PACK
Q4 25
Q3 25
11.3%
-12.4%
Q2 25
16.5%
-9.6%
Q1 25
9.0%
-14.0%
Q4 24
Q3 24
9.3%
-10.3%
Q2 24
10.4%
7.6%
Q1 24
6.3%
-11.2%
EPS (diluted)
KMDA
KMDA
PACK
PACK
Q4 25
$-0.11
Q3 25
$0.09
$-0.12
Q2 25
$0.13
$-0.09
Q1 25
$0.07
$-0.13
Q4 24
$-0.13
Q3 24
$0.07
$-0.10
Q2 24
$0.08
$0.07
Q1 24
$0.04
$-0.10

Balance Sheet & Financial Strength

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

Metric
KMDA
KMDA
PACK
PACK
Cash + ST InvestmentsLiquidity on hand
$72.0M
$63.0M
Total DebtLower is stronger
$401.9M
Stockholders' EquityBook value
$265.2M
$534.9M
Total Assets
$377.2M
$1.1B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KMDA
KMDA
PACK
PACK
Q4 25
$63.0M
Q3 25
$72.0M
$49.9M
Q2 25
$66.0M
$49.2M
Q1 25
$76.3M
$65.5M
Q4 24
$76.1M
Q3 24
$72.0M
$69.5M
Q2 24
$56.5M
$65.1M
Q1 24
$48.2M
$55.1M
Total Debt
KMDA
KMDA
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
KMDA
KMDA
PACK
PACK
Q4 25
$534.9M
Q3 25
$265.2M
$537.8M
Q2 25
$260.0M
$539.0M
Q1 25
$252.0M
$544.1M
Q4 24
$548.1M
Q3 24
$255.3M
$564.3M
Q2 24
$251.2M
$566.2M
Q1 24
$251.2M
$560.0M
Total Assets
KMDA
KMDA
PACK
PACK
Q4 25
$1.1B
Q3 25
$377.2M
$1.1B
Q2 25
$368.2M
$1.1B
Q1 25
$375.1M
$1.1B
Q4 24
$1.1B
Q3 24
$351.2M
$1.1B
Q2 24
$351.0M
$1.1B
Q1 24
$343.2M
$1.1B
Debt / Equity
KMDA
KMDA
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
KMDA
KMDA
PACK
PACK
Operating Cash FlowLast quarter
$10.4M
$19.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.97×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KMDA
KMDA
PACK
PACK
Q4 25
$19.5M
Q3 25
$10.4M
$8.5M
Q2 25
$8.0M
$-3.6M
Q1 25
$-513.0K
$-1.3M
Q4 24
$6.5M
Q3 24
$22.2M
$10.1M
Q2 24
$14.0M
$19.6M
Q1 24
$1.0M
$5.2M
Cash Conversion
KMDA
KMDA
PACK
PACK
Q4 25
Q3 25
1.97×
Q2 25
1.09×
Q1 25
-0.13×
Q4 24
Q3 24
5.75×
Q2 24
3.15×
3.56×
Q1 24
0.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KMDA
KMDA

Segment breakdown not available.

PACK
PACK

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

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