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Side-by-side financial comparison of Ranpak Holdings Corp. (PACK) and UNITED STATES LIME & MINERALS INC (USLM). Click either name above to swap in a different company.

Ranpak Holdings Corp. is the larger business by last-quarter revenue ($93.7M vs $87.9M, roughly 1.1× UNITED STATES LIME & MINERALS INC). On growth, UNITED STATES LIME & MINERALS INC posted the faster year-over-year revenue change (9.8% vs 2.3%). Over the past eight quarters, Ranpak Holdings Corp.'s revenue compounded faster (13.7% CAGR vs 10.8%).

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...

United States Lime & Minerals Inc is a leading US-based natural resources enterprise that produces high-calcium lime, dolomitic lime, limestone and related mineral products. Its core client segments cover infrastructure construction, steel manufacturing, agricultural soil amendment, environmental emission control and industrial processing, serving customers across North America.

PACK vs USLM — Head-to-Head

Bigger by revenue
PACK
PACK
1.1× larger
PACK
$93.7M
$87.9M
USLM
Growing faster (revenue YoY)
USLM
USLM
+7.5% gap
USLM
9.8%
2.3%
PACK
Faster 2-yr revenue CAGR
PACK
PACK
Annualised
PACK
13.7%
10.8%
USLM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PACK
PACK
USLM
USLM
Revenue
$93.7M
$87.9M
Net Profit
$30.5M
Gross Margin
39.0%
48.0%
Operating Margin
-1.0%
41.0%
Net Margin
34.7%
Revenue YoY
2.3%
9.8%
Net Profit YoY
13.2%
EPS (diluted)
$-0.11
$1.06

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
USLM
USLM
Q4 25
$93.7M
$87.9M
Q3 25
$83.6M
$102.0M
Q2 25
$77.8M
$91.5M
Q1 25
$77.6M
$91.3M
Q4 24
$91.6M
$80.1M
Q3 24
$78.6M
$89.4M
Q2 24
$72.8M
$76.5M
Q1 24
$72.5M
$71.7M
Net Profit
PACK
PACK
USLM
USLM
Q4 25
$30.5M
Q3 25
$-10.4M
$38.8M
Q2 25
$-7.5M
$30.8M
Q1 25
$-10.9M
$34.1M
Q4 24
$27.0M
Q3 24
$-8.1M
$33.4M
Q2 24
$5.5M
$26.1M
Q1 24
$-8.1M
$22.4M
Gross Margin
PACK
PACK
USLM
USLM
Q4 25
39.0%
48.0%
Q3 25
41.1%
51.2%
Q2 25
37.1%
45.8%
Q1 25
39.8%
50.6%
Q4 24
45.2%
44.3%
Q3 24
43.8%
48.2%
Q2 24
43.5%
45.5%
Q1 24
44.6%
42.7%
Operating Margin
PACK
PACK
USLM
USLM
Q4 25
-1.0%
41.0%
Q3 25
-6.8%
45.3%
Q2 25
-12.5%
39.0%
Q1 25
-10.3%
43.7%
Q4 24
1.5%
38.8%
Q3 24
-5.3%
42.6%
Q2 24
-7.1%
39.1%
Q1 24
-6.6%
35.9%
Net Margin
PACK
PACK
USLM
USLM
Q4 25
34.7%
Q3 25
-12.4%
38.0%
Q2 25
-9.6%
33.7%
Q1 25
-14.0%
37.4%
Q4 24
33.7%
Q3 24
-10.3%
37.3%
Q2 24
7.6%
34.0%
Q1 24
-11.2%
31.3%
EPS (diluted)
PACK
PACK
USLM
USLM
Q4 25
$-0.11
$1.06
Q3 25
$-0.12
$1.35
Q2 25
$-0.09
$1.07
Q1 25
$-0.13
$1.19
Q4 24
$-0.13
$-2.20
Q3 24
$-0.10
$1.16
Q2 24
$0.07
$0.91
Q1 24
$-0.10
$3.92

Balance Sheet & Financial Strength

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

Metric
PACK
PACK
USLM
USLM
Cash + ST InvestmentsLiquidity on hand
$63.0M
$371.1M
Total DebtLower is stronger
$401.9M
$0
Stockholders' EquityBook value
$534.9M
$630.8M
Total Assets
$1.1B
$681.0M
Debt / EquityLower = less leverage
0.75×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PACK
PACK
USLM
USLM
Q4 25
$63.0M
$371.1M
Q3 25
$49.9M
$349.5M
Q2 25
$49.2M
$319.9M
Q1 25
$65.5M
$300.6M
Q4 24
$76.1M
$278.0M
Q3 24
$69.5M
$255.0M
Q2 24
$65.1M
$222.5M
Q1 24
$55.1M
$207.0M
Total Debt
PACK
PACK
USLM
USLM
Q4 25
$401.9M
$0
Q3 25
$403.1M
$0
Q2 25
$403.1M
$0
Q1 25
$405.2M
$0
Q4 24
$406.4M
$0
Q3 24
$403.2M
$0
Q2 24
$396.1M
$0
Q1 24
$396.7M
$0
Stockholders' Equity
PACK
PACK
USLM
USLM
Q4 25
$534.9M
$630.8M
Q3 25
$537.8M
$602.3M
Q2 25
$539.0M
$563.3M
Q1 25
$544.1M
$532.2M
Q4 24
$548.1M
$497.7M
Q3 24
$564.3M
$474.2M
Q2 24
$566.2M
$441.1M
Q1 24
$560.0M
$415.3M
Total Assets
PACK
PACK
USLM
USLM
Q4 25
$1.1B
$681.0M
Q3 25
$1.1B
$652.8M
Q2 25
$1.1B
$607.4M
Q1 25
$1.1B
$585.3M
Q4 24
$1.1B
$543.2M
Q3 24
$1.1B
$521.8M
Q2 24
$1.1B
$484.2M
Q1 24
$1.1B
$464.0M
Debt / Equity
PACK
PACK
USLM
USLM
Q4 25
0.75×
0.00×
Q3 25
0.75×
0.00×
Q2 25
0.75×
0.00×
Q1 25
0.74×
0.00×
Q4 24
0.74×
0.00×
Q3 24
0.71×
0.00×
Q2 24
0.70×
0.00×
Q1 24
0.71×
0.00×

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
USLM
USLM
Operating Cash FlowLast quarter
$19.5M
$45.6M
Free Cash FlowOCF − Capex
$25.7M
FCF MarginFCF / Revenue
29.2%
Capex IntensityCapex / Revenue
22.6%
Cash ConversionOCF / Net Profit
1.49×
TTM Free Cash FlowTrailing 4 quarters
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PACK
PACK
USLM
USLM
Q4 25
$19.5M
$45.6M
Q3 25
$8.5M
$45.9M
Q2 25
$-3.6M
$34.0M
Q1 25
$-1.3M
$39.4M
Q4 24
$6.5M
$38.6M
Q3 24
$10.1M
$39.0M
Q2 24
$19.6M
$21.2M
Q1 24
$5.2M
$27.2M
Free Cash Flow
PACK
PACK
USLM
USLM
Q4 25
$25.7M
Q3 25
$31.3M
Q2 25
$20.8M
Q1 25
$24.6M
Q4 24
$27.6M
Q3 24
$33.9M
Q2 24
$16.8M
Q1 24
$20.3M
FCF Margin
PACK
PACK
USLM
USLM
Q4 25
29.2%
Q3 25
30.7%
Q2 25
22.7%
Q1 25
26.9%
Q4 24
34.4%
Q3 24
37.9%
Q2 24
21.9%
Q1 24
28.4%
Capex Intensity
PACK
PACK
USLM
USLM
Q4 25
22.6%
Q3 25
14.4%
Q2 25
14.5%
Q1 25
16.3%
Q4 24
13.8%
Q3 24
5.8%
Q2 24
5.7%
Q1 24
9.5%
Cash Conversion
PACK
PACK
USLM
USLM
Q4 25
1.49×
Q3 25
1.18×
Q2 25
1.10×
Q1 25
1.16×
Q4 24
1.43×
Q3 24
1.17×
Q2 24
3.56×
0.81×
Q1 24
1.21×

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%

USLM
USLM

Segment breakdown not available.

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