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

UFP TECHNOLOGIES INC is the larger business by last-quarter revenue ($148.9M vs $93.7M, roughly 1.6× Ranpak Holdings Corp.). On growth, UFP TECHNOLOGIES INC posted the faster year-over-year revenue change (3.4% vs 2.3%). Over the past eight quarters, UFP TECHNOLOGIES INC's revenue compounded faster (19.1% CAGR vs 13.7%).

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...

UFP Technologies, Inc. is an American multinational developer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products.

PACK vs UFPT — Head-to-Head

Bigger by revenue
UFPT
UFPT
1.6× larger
UFPT
$148.9M
$93.7M
PACK
Growing faster (revenue YoY)
UFPT
UFPT
+1.1% gap
UFPT
3.4%
2.3%
PACK
Faster 2-yr revenue CAGR
UFPT
UFPT
Annualised
UFPT
19.1%
13.7%
PACK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PACK
PACK
UFPT
UFPT
Revenue
$93.7M
$148.9M
Net Profit
$17.6M
Gross Margin
39.0%
28.2%
Operating Margin
-1.0%
14.4%
Net Margin
11.8%
Revenue YoY
2.3%
3.4%
Net Profit YoY
7.3%
EPS (diluted)
$-0.11
$2.22

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
UFPT
UFPT
Q4 25
$93.7M
$148.9M
Q3 25
$83.6M
$154.6M
Q2 25
$77.8M
$151.2M
Q1 25
$77.6M
$148.1M
Q4 24
$91.6M
$144.1M
Q3 24
$78.6M
$145.2M
Q2 24
$72.8M
$110.2M
Q1 24
$72.5M
$105.0M
Net Profit
PACK
PACK
UFPT
UFPT
Q4 25
$17.6M
Q3 25
$-10.4M
$16.4M
Q2 25
$-7.5M
$17.2M
Q1 25
$-10.9M
$17.2M
Q4 24
$16.4M
Q3 24
$-8.1M
$16.4M
Q2 24
$5.5M
$13.6M
Q1 24
$-8.1M
$12.7M
Gross Margin
PACK
PACK
UFPT
UFPT
Q4 25
39.0%
28.2%
Q3 25
41.1%
27.7%
Q2 25
37.1%
28.8%
Q1 25
39.8%
28.5%
Q4 24
45.2%
29.2%
Q3 24
43.8%
28.6%
Q2 24
43.5%
30.0%
Q1 24
44.6%
28.6%
Operating Margin
PACK
PACK
UFPT
UFPT
Q4 25
-1.0%
14.4%
Q3 25
-6.8%
15.1%
Q2 25
-12.5%
16.1%
Q1 25
-10.3%
15.6%
Q4 24
1.5%
15.4%
Q3 24
-5.3%
17.1%
Q2 24
-7.1%
16.3%
Q1 24
-6.6%
15.2%
Net Margin
PACK
PACK
UFPT
UFPT
Q4 25
11.8%
Q3 25
-12.4%
10.6%
Q2 25
-9.6%
11.4%
Q1 25
-14.0%
11.6%
Q4 24
11.4%
Q3 24
-10.3%
11.3%
Q2 24
7.6%
12.3%
Q1 24
-11.2%
12.1%
EPS (diluted)
PACK
PACK
UFPT
UFPT
Q4 25
$-0.11
$2.22
Q3 25
$-0.12
$2.11
Q2 25
$-0.09
$2.21
Q1 25
$-0.13
$2.21
Q4 24
$-0.13
$2.08
Q3 24
$-0.10
$2.11
Q2 24
$0.07
$1.75
Q1 24
$-0.10
$1.64

Balance Sheet & Financial Strength

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

Metric
PACK
PACK
UFPT
UFPT
Cash + ST InvestmentsLiquidity on hand
$63.0M
$20.3M
Total DebtLower is stronger
$401.9M
$135.5M
Stockholders' EquityBook value
$534.9M
$423.9M
Total Assets
$1.1B
$655.1M
Debt / EquityLower = less leverage
0.75×
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PACK
PACK
UFPT
UFPT
Q4 25
$63.0M
$20.3M
Q3 25
$49.9M
$18.2M
Q2 25
$49.2M
$14.9M
Q1 25
$65.5M
$14.0M
Q4 24
$76.1M
$13.4M
Q3 24
$69.5M
$16.4M
Q2 24
$65.1M
$16.7M
Q1 24
$55.1M
$11.4M
Total Debt
PACK
PACK
UFPT
UFPT
Q4 25
$401.9M
$135.5M
Q3 25
$403.1M
$146.1M
Q2 25
$403.1M
$163.6M
Q1 25
$405.2M
$163.6M
Q4 24
$406.4M
$189.4M
Q3 24
$403.2M
$212.0M
Q2 24
$396.1M
$35.2M
Q1 24
$396.7M
$34.0M
Stockholders' Equity
PACK
PACK
UFPT
UFPT
Q4 25
$534.9M
$423.9M
Q3 25
$537.8M
$403.9M
Q2 25
$539.0M
$385.5M
Q1 25
$544.1M
$360.7M
Q4 24
$548.1M
$342.8M
Q3 24
$564.3M
$329.1M
Q2 24
$566.2M
$310.2M
Q1 24
$560.0M
$295.0M
Total Assets
PACK
PACK
UFPT
UFPT
Q4 25
$1.1B
$655.1M
Q3 25
$1.1B
$652.8M
Q2 25
$1.1B
$634.7M
Q1 25
$1.1B
$642.6M
Q4 24
$1.1B
$629.0M
Q3 24
$1.1B
$638.5M
Q2 24
$1.1B
$422.4M
Q1 24
$1.1B
$407.7M
Debt / Equity
PACK
PACK
UFPT
UFPT
Q4 25
0.75×
0.32×
Q3 25
0.75×
0.36×
Q2 25
0.75×
0.42×
Q1 25
0.74×
0.45×
Q4 24
0.74×
0.55×
Q3 24
0.71×
0.64×
Q2 24
0.70×
0.11×
Q1 24
0.71×
0.12×

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
UFPT
UFPT
Operating Cash FlowLast quarter
$19.5M
$16.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.96×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PACK
PACK
UFPT
UFPT
Q4 25
$19.5M
$16.8M
Q3 25
$8.5M
$35.9M
Q2 25
$-3.6M
$25.3M
Q1 25
$-1.3M
$13.8M
Q4 24
$6.5M
$24.4M
Q3 24
$10.1M
$19.8M
Q2 24
$19.6M
$11.7M
Q1 24
$5.2M
$10.7M
Free Cash Flow
PACK
PACK
UFPT
UFPT
Q4 25
Q3 25
Q2 25
$22.5M
Q1 25
$11.0M
Q4 24
$21.4M
Q3 24
$17.7M
Q2 24
$8.9M
Q1 24
$8.9M
FCF Margin
PACK
PACK
UFPT
UFPT
Q4 25
Q3 25
Q2 25
14.9%
Q1 25
7.4%
Q4 24
14.9%
Q3 24
12.2%
Q2 24
8.1%
Q1 24
8.5%
Capex Intensity
PACK
PACK
UFPT
UFPT
Q4 25
Q3 25
Q2 25
1.9%
Q1 25
1.9%
Q4 24
2.1%
Q3 24
1.5%
Q2 24
2.5%
Q1 24
1.6%
Cash Conversion
PACK
PACK
UFPT
UFPT
Q4 25
0.96×
Q3 25
2.19×
Q2 25
1.47×
Q1 25
0.80×
Q4 24
1.49×
Q3 24
1.21×
Q2 24
3.56×
0.86×
Q1 24
0.84×

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%

UFPT
UFPT

Products$145.1M97%
Engineering And Development$1.8M1%

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