vs

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

Regional Management Corp. is the larger business by last-quarter revenue ($167.3M vs $93.7M, roughly 1.8× Ranpak Holdings Corp.). On growth, Regional Management 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 8.2%).

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...

Millennium Management LLC is an investment management firm with a multistrategy hedge fund offering. It is one of the world's largest alternative asset management firms with $83.4 billion assets under management as of January 2026. The firm operates in America, Europe and Asia. As of 2022, Millennium had posted the fourth highest net gains of any hedge fund since its inception in 1989.

PACK vs RM — Head-to-Head

Bigger by revenue
RM
RM
1.8× larger
RM
$167.3M
$93.7M
PACK
Growing faster (revenue YoY)
RM
RM
+7.1% gap
RM
9.4%
2.3%
PACK
Faster 2-yr revenue CAGR
PACK
PACK
Annualised
PACK
13.7%
8.2%
RM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PACK
PACK
RM
RM
Revenue
$93.7M
$167.3M
Net Profit
$11.4M
Gross Margin
39.0%
Operating Margin
-1.0%
Net Margin
6.8%
Revenue YoY
2.3%
9.4%
Net Profit YoY
62.7%
EPS (diluted)
$-0.11
$1.18

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
RM
RM
Q1 26
$167.3M
Q4 25
$93.7M
$169.7M
Q3 25
$83.6M
$165.5M
Q2 25
$77.8M
$157.4M
Q1 25
$77.6M
$153.0M
Q4 24
$91.6M
$154.8M
Q3 24
$78.6M
$146.3M
Q2 24
$72.8M
$143.0M
Net Profit
PACK
PACK
RM
RM
Q1 26
$11.4M
Q4 25
$12.9M
Q3 25
$-10.4M
$14.4M
Q2 25
$-7.5M
$10.1M
Q1 25
$-10.9M
$7.0M
Q4 24
$9.9M
Q3 24
$-8.1M
$7.7M
Q2 24
$5.5M
$8.4M
Gross Margin
PACK
PACK
RM
RM
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
PACK
PACK
RM
RM
Q1 26
Q4 25
-1.0%
9.5%
Q3 25
-6.8%
11.5%
Q2 25
-12.5%
8.6%
Q1 25
-10.3%
6.0%
Q4 24
1.5%
8.2%
Q3 24
-5.3%
6.9%
Q2 24
-7.1%
7.8%
Net Margin
PACK
PACK
RM
RM
Q1 26
6.8%
Q4 25
7.6%
Q3 25
-12.4%
8.7%
Q2 25
-9.6%
6.4%
Q1 25
-14.0%
4.6%
Q4 24
6.4%
Q3 24
-10.3%
5.2%
Q2 24
7.6%
5.9%
EPS (diluted)
PACK
PACK
RM
RM
Q1 26
$1.18
Q4 25
$-0.11
$1.30
Q3 25
$-0.12
$1.42
Q2 25
$-0.09
$1.03
Q1 25
$-0.13
$0.70
Q4 24
$-0.13
$0.96
Q3 24
$-0.10
$0.76
Q2 24
$0.07
$0.86

Balance Sheet & Financial Strength

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

Metric
PACK
PACK
RM
RM
Cash + ST InvestmentsLiquidity on hand
$63.0M
Total DebtLower is stronger
$401.9M
Stockholders' EquityBook value
$534.9M
$375.8M
Total Assets
$1.1B
$2.1B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PACK
PACK
RM
RM
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
PACK
PACK
RM
RM
Q1 26
Q4 25
$401.9M
$1.6B
Q3 25
$403.1M
$1.6B
Q2 25
$403.1M
$1.5B
Q1 25
$405.2M
$1.5B
Q4 24
$406.4M
$1.5B
Q3 24
$403.2M
$1.4B
Q2 24
$396.1M
$1.4B
Stockholders' Equity
PACK
PACK
RM
RM
Q1 26
$375.8M
Q4 25
$534.9M
$373.1M
Q3 25
$537.8M
$371.9M
Q2 25
$539.0M
$363.0M
Q1 25
$544.1M
$357.9M
Q4 24
$548.1M
$357.1M
Q3 24
$564.3M
$352.9M
Q2 24
$566.2M
$344.9M
Total Assets
PACK
PACK
RM
RM
Q1 26
$2.1B
Q4 25
$1.1B
$2.1B
Q3 25
$1.1B
$2.0B
Q2 25
$1.1B
$2.0B
Q1 25
$1.1B
$1.9B
Q4 24
$1.1B
$1.9B
Q3 24
$1.1B
$1.8B
Q2 24
$1.1B
$1.8B
Debt / Equity
PACK
PACK
RM
RM
Q1 26
Q4 25
0.75×
4.40×
Q3 25
0.75×
4.23×
Q2 25
0.75×
4.14×
Q1 25
0.74×
4.11×
Q4 24
0.74×
4.12×
Q3 24
0.71×
3.94×
Q2 24
0.70×
3.98×

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
RM
RM
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
PACK
PACK
RM
RM
Q1 26
Q4 25
$19.5M
$309.1M
Q3 25
$8.5M
$86.7M
Q2 25
$-3.6M
$78.7M
Q1 25
$-1.3M
$63.7M
Q4 24
$6.5M
$268.9M
Q3 24
$10.1M
$75.1M
Q2 24
$19.6M
$71.5M
Free Cash Flow
PACK
PACK
RM
RM
Q1 26
Q4 25
$304.3M
Q3 25
$85.7M
Q2 25
$77.6M
Q1 25
$62.4M
Q4 24
$263.9M
Q3 24
$73.8M
Q2 24
$70.3M
FCF Margin
PACK
PACK
RM
RM
Q1 26
Q4 25
179.3%
Q3 25
51.8%
Q2 25
49.3%
Q1 25
40.8%
Q4 24
170.4%
Q3 24
50.4%
Q2 24
49.1%
Capex Intensity
PACK
PACK
RM
RM
Q1 26
Q4 25
2.8%
Q3 25
0.6%
Q2 25
0.6%
Q1 25
0.8%
Q4 24
3.3%
Q3 24
0.9%
Q2 24
0.8%
Cash Conversion
PACK
PACK
RM
RM
Q1 26
Q4 25
23.94×
Q3 25
6.04×
Q2 25
7.76×
Q1 25
9.09×
Q4 24
27.13×
Q3 24
9.80×
Q2 24
3.56×
8.47×

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%

RM
RM

Segment breakdown not available.

Related Comparisons