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Side-by-side financial comparison of Ranpak Holdings Corp. (PACK) and Pursuit Attractions & Hospitality, Inc. (PRSU). Click either name above to swap in a different company.

Ranpak Holdings Corp. is the larger business by last-quarter revenue ($93.7M vs $57.1M, roughly 1.6× Pursuit Attractions & Hospitality, Inc.). On growth, Pursuit Attractions & Hospitality, Inc. posted the faster year-over-year revenue change (24.6% vs 2.3%). Over the past eight quarters, Ranpak Holdings Corp.'s revenue compounded faster (13.7% CAGR vs -53.2%).

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...

Pursuit Attractions and Hospitality, Inc. is a global attractions and hospitality company located in Canada, the United States, Iceland, and Costa Rica. Pursuit owns and operates attractions, accommodation, culinary experiences, retail and transportation in and around the Canadian Rockies including, Banff, Jasper, and Waterton; in Alaska in and around Denali, Kenai Fjords National Park, and Talkeetna; in Montana in and around Glacier; in Iceland, and in the Arenal region of Costa Rica.

PACK vs PRSU — Head-to-Head

Bigger by revenue
PACK
PACK
1.6× larger
PACK
$93.7M
$57.1M
PRSU
Growing faster (revenue YoY)
PRSU
PRSU
+22.3% gap
PRSU
24.6%
2.3%
PACK
Faster 2-yr revenue CAGR
PACK
PACK
Annualised
PACK
13.7%
-53.2%
PRSU

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PACK
PACK
PRSU
PRSU
Revenue
$93.7M
$57.1M
Net Profit
$-26.2M
Gross Margin
39.0%
Operating Margin
-1.0%
-49.5%
Net Margin
-45.9%
Revenue YoY
2.3%
24.6%
Net Profit YoY
-108.4%
EPS (diluted)
$-0.11
$-0.89

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
PACK
PACK
PRSU
PRSU
Q4 25
$93.7M
$57.1M
Q3 25
$83.6M
$241.0M
Q2 25
$77.8M
$116.7M
Q1 25
$77.6M
Q4 24
$91.6M
Q3 24
$78.6M
$182.3M
Q2 24
$72.8M
$101.2M
Q1 24
$72.5M
Net Profit
PACK
PACK
PRSU
PRSU
Q4 25
$-26.2M
Q3 25
$-10.4M
$73.9M
Q2 25
$-7.5M
$5.6M
Q1 25
$-10.9M
Q4 24
Q3 24
$-8.1M
$48.6M
Q2 24
$5.5M
$29.3M
Q1 24
$-8.1M
Gross Margin
PACK
PACK
PRSU
PRSU
Q4 25
39.0%
Q3 25
41.1%
91.8%
Q2 25
37.1%
Q1 25
39.8%
Q4 24
45.2%
Q3 24
43.8%
90.7%
Q2 24
43.5%
Q1 24
44.6%
Operating Margin
PACK
PACK
PRSU
PRSU
Q4 25
-1.0%
-49.5%
Q3 25
-6.8%
43.9%
Q2 25
-12.5%
9.1%
Q1 25
-10.3%
Q4 24
1.5%
Q3 24
-5.3%
50.8%
Q2 24
-7.1%
52.8%
Q1 24
-6.6%
Net Margin
PACK
PACK
PRSU
PRSU
Q4 25
-45.9%
Q3 25
-12.4%
30.6%
Q2 25
-9.6%
4.8%
Q1 25
-14.0%
Q4 24
Q3 24
-10.3%
26.7%
Q2 24
7.6%
29.0%
Q1 24
-11.2%
EPS (diluted)
PACK
PACK
PRSU
PRSU
Q4 25
$-0.11
$-0.89
Q3 25
$-0.12
$2.60
Q2 25
$-0.09
$0.20
Q1 25
$-0.13
Q4 24
$-0.13
Q3 24
$-0.10
$1.65
Q2 24
$0.07
$0.98
Q1 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
PACK
PACK
PRSU
PRSU
Cash + ST InvestmentsLiquidity on hand
$63.0M
$31.1M
Total DebtLower is stronger
$401.9M
$155.0M
Stockholders' EquityBook value
$534.9M
$581.8M
Total Assets
$1.1B
$965.4M
Debt / EquityLower = less leverage
0.75×
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PACK
PACK
PRSU
PRSU
Q4 25
$63.0M
$31.1M
Q3 25
$49.9M
$33.8M
Q2 25
$49.2M
$24.7M
Q1 25
$65.5M
Q4 24
$76.1M
Q3 24
$69.5M
$64.6M
Q2 24
$65.1M
$59.4M
Q1 24
$55.1M
Total Debt
PACK
PACK
PRSU
PRSU
Q4 25
$401.9M
$155.0M
Q3 25
$403.1M
$124.5M
Q2 25
$403.1M
$82.4M
Q1 25
$405.2M
Q4 24
$406.4M
Q3 24
$403.2M
$381.9M
Q2 24
$396.1M
$469.3M
Q1 24
$396.7M
Stockholders' Equity
PACK
PACK
PRSU
PRSU
Q4 25
$534.9M
$581.8M
Q3 25
$537.8M
$607.2M
Q2 25
$539.0M
$528.4M
Q1 25
$544.1M
Q4 24
$548.1M
Q3 24
$564.3M
$96.8M
Q2 24
$566.2M
$41.2M
Q1 24
$560.0M
Total Assets
PACK
PACK
PRSU
PRSU
Q4 25
$1.1B
$965.4M
Q3 25
$1.1B
$996.8M
Q2 25
$1.1B
$893.1M
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
$1.2B
Q2 24
$1.1B
$1.2B
Q1 24
$1.1B
Debt / Equity
PACK
PACK
PRSU
PRSU
Q4 25
0.75×
0.27×
Q3 25
0.75×
0.21×
Q2 25
0.75×
0.16×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.71×
3.95×
Q2 24
0.70×
11.39×
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
PACK
PACK
PRSU
PRSU
Operating Cash FlowLast quarter
$19.5M
$-13.6M
Free Cash FlowOCF − Capex
$-44.6M
FCF MarginFCF / Revenue
-78.1%
Capex IntensityCapex / Revenue
54.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$140.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PACK
PACK
PRSU
PRSU
Q4 25
$19.5M
$-13.6M
Q3 25
$8.5M
$102.6M
Q2 25
$-3.6M
$21.6M
Q1 25
$-1.3M
Q4 24
$6.5M
Q3 24
$10.1M
$110.4M
Q2 24
$19.6M
$30.3M
Q1 24
$5.2M
Free Cash Flow
PACK
PACK
PRSU
PRSU
Q4 25
$-44.6M
Q3 25
$86.8M
Q2 25
$3.2M
Q1 25
Q4 24
Q3 24
$95.4M
Q2 24
$13.1M
Q1 24
FCF Margin
PACK
PACK
PRSU
PRSU
Q4 25
-78.1%
Q3 25
36.0%
Q2 25
2.8%
Q1 25
Q4 24
Q3 24
52.4%
Q2 24
13.0%
Q1 24
Capex Intensity
PACK
PACK
PRSU
PRSU
Q4 25
54.2%
Q3 25
6.6%
Q2 25
15.7%
Q1 25
Q4 24
Q3 24
8.2%
Q2 24
16.9%
Q1 24
Cash Conversion
PACK
PACK
PRSU
PRSU
Q4 25
Q3 25
1.39×
Q2 25
3.83×
Q1 25
Q4 24
Q3 24
2.27×
Q2 24
3.56×
1.03×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

PACK
PACK

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

PRSU
PRSU

Services Transferred Over Time$44.7M78%
Food And Beverage$9.1M16%
Retail Operations$3.3M6%

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