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Side-by-side financial comparison of Ranpak Holdings Corp. (PACK) and SHORE BANCSHARES INC (SHBI). Click either name above to swap in a different company.

Ranpak Holdings Corp. is the larger business by last-quarter revenue ($93.7M vs $59.1M, roughly 1.6× SHORE BANCSHARES INC). On growth, SHORE BANCSHARES INC posted the faster year-over-year revenue change (11.8% vs 2.3%). Over the past eight quarters, Ranpak Holdings Corp.'s revenue compounded faster (13.7% CAGR vs 11.3%).

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...

Shore Bancshares Inc. is a U.S. regional bank holding company headquartered in Maryland. It offers a full range of retail and commercial banking services, including deposit products, personal and commercial loans, and wealth management solutions, primarily serving local individual customers, small businesses and mid-sized enterprises in its operating regions.

PACK vs SHBI — Head-to-Head

Bigger by revenue
PACK
PACK
1.6× larger
PACK
$93.7M
$59.1M
SHBI
Growing faster (revenue YoY)
SHBI
SHBI
+9.5% gap
SHBI
11.8%
2.3%
PACK
Faster 2-yr revenue CAGR
PACK
PACK
Annualised
PACK
13.7%
11.3%
SHBI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PACK
PACK
SHBI
SHBI
Revenue
$93.7M
$59.1M
Net Profit
Gross Margin
39.0%
Operating Margin
-1.0%
35.2%
Net Margin
Revenue YoY
2.3%
11.8%
Net Profit YoY
EPS (diluted)
$-0.11
$0.48

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
SHBI
SHBI
Q4 25
$93.7M
$59.1M
Q3 25
$83.6M
$56.4M
Q2 25
$77.8M
$56.6M
Q1 25
$77.6M
$53.0M
Q4 24
$91.6M
$52.9M
Q3 24
$78.6M
$50.5M
Q2 24
$72.8M
$50.6M
Q1 24
$72.5M
$47.7M
Net Profit
PACK
PACK
SHBI
SHBI
Q4 25
Q3 25
$-10.4M
$14.3M
Q2 25
$-7.5M
$15.5M
Q1 25
$-10.9M
$13.8M
Q4 24
Q3 24
$-8.1M
$11.2M
Q2 24
$5.5M
$11.2M
Q1 24
$-8.1M
$8.2M
Gross Margin
PACK
PACK
SHBI
SHBI
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
PACK
PACK
SHBI
SHBI
Q4 25
-1.0%
35.2%
Q3 25
-6.8%
33.7%
Q2 25
-12.5%
36.5%
Q1 25
-10.3%
34.4%
Q4 24
1.5%
34.3%
Q3 24
-5.3%
29.6%
Q2 24
-7.1%
29.7%
Q1 24
-6.6%
22.2%
Net Margin
PACK
PACK
SHBI
SHBI
Q4 25
Q3 25
-12.4%
25.5%
Q2 25
-9.6%
27.4%
Q1 25
-14.0%
26.0%
Q4 24
Q3 24
-10.3%
22.1%
Q2 24
7.6%
22.2%
Q1 24
-11.2%
17.2%
EPS (diluted)
PACK
PACK
SHBI
SHBI
Q4 25
$-0.11
$0.48
Q3 25
$-0.12
$0.43
Q2 25
$-0.09
$0.46
Q1 25
$-0.13
$0.41
Q4 24
$-0.13
$0.39
Q3 24
$-0.10
$0.34
Q2 24
$0.07
$0.34
Q1 24
$-0.10
$0.25

Balance Sheet & Financial Strength

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

Metric
PACK
PACK
SHBI
SHBI
Cash + ST InvestmentsLiquidity on hand
$63.0M
$355.6M
Total DebtLower is stronger
$401.9M
$89.1M
Stockholders' EquityBook value
$534.9M
$589.9M
Total Assets
$1.1B
$6.3B
Debt / EquityLower = less leverage
0.75×
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PACK
PACK
SHBI
SHBI
Q4 25
$63.0M
$355.6M
Q3 25
$49.9M
$416.5M
Q2 25
$49.2M
$185.0M
Q1 25
$65.5M
$389.0M
Q4 24
$76.1M
$459.9M
Q3 24
$69.5M
$183.6M
Q2 24
$65.1M
$138.9M
Q1 24
$55.1M
$114.6M
Total Debt
PACK
PACK
SHBI
SHBI
Q4 25
$401.9M
$89.1M
Q3 25
$403.1M
$74.5M
Q2 25
$403.1M
$74.2M
Q1 25
$405.2M
$74.0M
Q4 24
$406.4M
$73.7M
Q3 24
$403.2M
$123.5M
Q2 24
$396.1M
$122.8M
Q1 24
$396.7M
$72.6M
Stockholders' Equity
PACK
PACK
SHBI
SHBI
Q4 25
$534.9M
$589.9M
Q3 25
$537.8M
$577.2M
Q2 25
$539.0M
$565.2M
Q1 25
$544.1M
$552.5M
Q4 24
$548.1M
$541.1M
Q3 24
$564.3M
$533.3M
Q2 24
$566.2M
$522.8M
Q1 24
$560.0M
$515.2M
Total Assets
PACK
PACK
SHBI
SHBI
Q4 25
$1.1B
$6.3B
Q3 25
$1.1B
$6.3B
Q2 25
$1.1B
$6.0B
Q1 25
$1.1B
$6.2B
Q4 24
$1.1B
$6.2B
Q3 24
$1.1B
$5.9B
Q2 24
$1.1B
$5.9B
Q1 24
$1.1B
$5.8B
Debt / Equity
PACK
PACK
SHBI
SHBI
Q4 25
0.75×
0.15×
Q3 25
0.75×
0.13×
Q2 25
0.75×
0.13×
Q1 25
0.74×
0.13×
Q4 24
0.74×
0.14×
Q3 24
0.71×
0.23×
Q2 24
0.70×
0.23×
Q1 24
0.71×
0.14×

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
SHBI
SHBI
Operating Cash FlowLast quarter
$19.5M
$62.4M
Free Cash FlowOCF − Capex
$59.2M
FCF MarginFCF / Revenue
100.2%
Capex IntensityCapex / Revenue
5.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$110.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PACK
PACK
SHBI
SHBI
Q4 25
$19.5M
$62.4M
Q3 25
$8.5M
$42.5M
Q2 25
$-3.6M
$-8.3M
Q1 25
$-1.3M
$19.8M
Q4 24
$6.5M
$46.9M
Q3 24
$10.1M
$9.1M
Q2 24
$19.6M
$3.0M
Q1 24
$5.2M
$2.4M
Free Cash Flow
PACK
PACK
SHBI
SHBI
Q4 25
$59.2M
Q3 25
$41.9M
Q2 25
$-9.2M
Q1 25
$18.8M
Q4 24
$41.7M
Q3 24
$8.4M
Q2 24
$1.4M
Q1 24
$614.0K
FCF Margin
PACK
PACK
SHBI
SHBI
Q4 25
100.2%
Q3 25
74.3%
Q2 25
-16.3%
Q1 25
35.4%
Q4 24
78.8%
Q3 24
16.7%
Q2 24
2.9%
Q1 24
1.3%
Capex Intensity
PACK
PACK
SHBI
SHBI
Q4 25
5.4%
Q3 25
1.0%
Q2 25
1.6%
Q1 25
1.9%
Q4 24
9.9%
Q3 24
1.2%
Q2 24
3.1%
Q1 24
3.7%
Cash Conversion
PACK
PACK
SHBI
SHBI
Q4 25
Q3 25
2.96×
Q2 25
-0.54×
Q1 25
1.44×
Q4 24
Q3 24
0.81×
Q2 24
3.56×
0.27×
Q1 24
0.29×

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%

SHBI
SHBI

Segment breakdown not available.

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