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

UNITIL CORP is the larger business by last-quarter revenue ($161.5M vs $93.7M, roughly 1.7× Ranpak Holdings Corp.). On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs 2.3%). Over the past eight quarters, Ranpak Holdings Corp.'s revenue compounded faster (13.7% CAGR vs -4.9%).

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...

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

PACK vs UTL — Head-to-Head

Bigger by revenue
UTL
UTL
1.7× larger
UTL
$161.5M
$93.7M
PACK
Growing faster (revenue YoY)
UTL
UTL
+24.4% gap
UTL
26.7%
2.3%
PACK
Faster 2-yr revenue CAGR
PACK
PACK
Annualised
PACK
13.7%
-4.9%
UTL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PACK
PACK
UTL
UTL
Revenue
$93.7M
$161.5M
Net Profit
$19.0M
Gross Margin
39.0%
Operating Margin
-1.0%
21.5%
Net Margin
11.8%
Revenue YoY
2.3%
26.7%
Net Profit YoY
21.8%
EPS (diluted)
$-0.11
$1.05

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
UTL
UTL
Q4 25
$93.7M
$161.5M
Q3 25
$83.6M
$101.1M
Q2 25
$77.8M
$102.6M
Q1 25
$77.6M
$170.8M
Q4 24
$91.6M
$127.5M
Q3 24
$78.6M
$92.9M
Q2 24
$72.8M
$95.7M
Q1 24
$72.5M
$178.7M
Net Profit
PACK
PACK
UTL
UTL
Q4 25
$19.0M
Q3 25
$-10.4M
$-300.0K
Q2 25
$-7.5M
$4.0M
Q1 25
$-10.9M
$27.5M
Q4 24
$15.6M
Q3 24
$-8.1M
$0
Q2 24
$5.5M
$4.3M
Q1 24
$-8.1M
$27.2M
Gross Margin
PACK
PACK
UTL
UTL
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
UTL
UTL
Q4 25
-1.0%
21.5%
Q3 25
-6.8%
6.9%
Q2 25
-12.5%
13.0%
Q1 25
-10.3%
27.0%
Q4 24
1.5%
22.1%
Q3 24
-5.3%
6.2%
Q2 24
-7.1%
13.0%
Q1 24
-6.6%
24.7%
Net Margin
PACK
PACK
UTL
UTL
Q4 25
11.8%
Q3 25
-12.4%
-0.3%
Q2 25
-9.6%
3.9%
Q1 25
-14.0%
16.1%
Q4 24
12.2%
Q3 24
-10.3%
Q2 24
7.6%
4.5%
Q1 24
-11.2%
15.2%
EPS (diluted)
PACK
PACK
UTL
UTL
Q4 25
$-0.11
$1.05
Q3 25
$-0.12
$-0.02
Q2 25
$-0.09
$0.25
Q1 25
$-0.13
$1.69
Q4 24
$-0.13
$0.97
Q3 24
$-0.10
$0.00
Q2 24
$0.07
$0.27
Q1 24
$-0.10
$1.69

Balance Sheet & Financial Strength

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

Metric
PACK
PACK
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$63.0M
$15.6M
Total DebtLower is stronger
$401.9M
$670.5M
Stockholders' EquityBook value
$534.9M
$609.6M
Total Assets
$1.1B
$2.1B
Debt / EquityLower = less leverage
0.75×
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PACK
PACK
UTL
UTL
Q4 25
$63.0M
$15.6M
Q3 25
$49.9M
$14.6M
Q2 25
$49.2M
$8.5M
Q1 25
$65.5M
$10.2M
Q4 24
$76.1M
$6.3M
Q3 24
$69.5M
$6.3M
Q2 24
$65.1M
$2.8M
Q1 24
$55.1M
$6.3M
Total Debt
PACK
PACK
UTL
UTL
Q4 25
$401.9M
$670.5M
Q3 25
$403.1M
$670.5M
Q2 25
$403.1M
$640.7M
Q1 25
$405.2M
$642.1M
Q4 24
$406.4M
$643.3M
Q3 24
$403.2M
$643.3M
Q2 24
$396.1M
$511.3M
Q1 24
$396.7M
$512.8M
Stockholders' Equity
PACK
PACK
UTL
UTL
Q4 25
$534.9M
$609.6M
Q3 25
$537.8M
$597.2M
Q2 25
$539.0M
$532.8M
Q1 25
$544.1M
$534.1M
Q4 24
$548.1M
$512.5M
Q3 24
$564.3M
$502.4M
Q2 24
$566.2M
$508.8M
Q1 24
$560.0M
$510.8M
Total Assets
PACK
PACK
UTL
UTL
Q4 25
$1.1B
$2.1B
Q3 25
$1.1B
$1.9B
Q2 25
$1.1B
$1.9B
Q1 25
$1.1B
$1.9B
Q4 24
$1.1B
$1.8B
Q3 24
$1.1B
$1.7B
Q2 24
$1.1B
$1.7B
Q1 24
$1.1B
$1.7B
Debt / Equity
PACK
PACK
UTL
UTL
Q4 25
0.75×
1.10×
Q3 25
0.75×
1.12×
Q2 25
0.75×
1.20×
Q1 25
0.74×
1.20×
Q4 24
0.74×
1.26×
Q3 24
0.71×
1.28×
Q2 24
0.70×
1.00×
Q1 24
0.71×
1.00×

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
UTL
UTL
Operating Cash FlowLast quarter
$19.5M
$21.4M
Free Cash FlowOCF − Capex
$-36.3M
FCF MarginFCF / Revenue
-22.5%
Capex IntensityCapex / Revenue
35.7%
Cash ConversionOCF / Net Profit
1.13×
TTM Free Cash FlowTrailing 4 quarters
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PACK
PACK
UTL
UTL
Q4 25
$19.5M
$21.4M
Q3 25
$8.5M
$15.6M
Q2 25
$-3.6M
$42.2M
Q1 25
$-1.3M
$52.1M
Q4 24
$6.5M
$23.3M
Q3 24
$10.1M
$26.1M
Q2 24
$19.6M
$49.9M
Q1 24
$5.2M
$26.6M
Free Cash Flow
PACK
PACK
UTL
UTL
Q4 25
$-36.3M
Q3 25
$-39.0M
Q2 25
$2.0M
Q1 25
$19.5M
Q4 24
$-32.3M
Q3 24
$-31.3M
Q2 24
$13.2M
Q1 24
$6.4M
FCF Margin
PACK
PACK
UTL
UTL
Q4 25
-22.5%
Q3 25
-38.6%
Q2 25
1.9%
Q1 25
11.4%
Q4 24
-25.3%
Q3 24
-33.7%
Q2 24
13.8%
Q1 24
3.6%
Capex Intensity
PACK
PACK
UTL
UTL
Q4 25
35.7%
Q3 25
54.0%
Q2 25
39.2%
Q1 25
19.1%
Q4 24
43.6%
Q3 24
61.8%
Q2 24
38.3%
Q1 24
11.3%
Cash Conversion
PACK
PACK
UTL
UTL
Q4 25
1.13×
Q3 25
Q2 25
10.55×
Q1 25
1.89×
Q4 24
1.49×
Q3 24
Q2 24
3.56×
11.60×
Q1 24
0.98×

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%

UTL
UTL

Segment breakdown not available.

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