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Ranpak Holdings Corp.（PACK）与Proto Labs Inc（PRLB）财务数据对比。点击上方公司名可切换其他公司
Proto Labs Inc的季度营收约是Ranpak Holdings Corp.的1.5倍（$139.3M vs $93.7M），Proto Labs Inc同比增速更快（10.4% vs 2.3%），过去两年Ranpak Holdings Corp.的营收复合增速更高（13.7% vs 5.3%）
Ranpak Holdings Corp.主营生产防护纸质包装设备与纸制品，可为电商及各行业货品运输提供纸质缓冲包装方案，同时也供应自动化包装解决方案。公司总部位于美国俄亥俄州康科德，在美国本土多个州、捷克、荷兰、中国上海及新加坡均设有生产基地与办公室，产品可用于包裹缠绕、缓冲填隙、冷链运输等多种场景。
Proto Labs是一家提供快速制造服务的企业，可通过3D打印、CNC加工、钣金加工以及注塑成型工艺，为客户生产用于原型制作和量产的定制零部件，产品广泛应用于医疗设备、航空航天、电子、家电、汽车、消费品等多个领域，公司总部位于美国明尼苏达州，在美国多地设有生产基地。
PACK vs PRLB — 直观对比
营收规模更大
PRLB
是对方的1.5倍
$93.7M
营收增速更快
PRLB
高出8.1%
2.3%
两年增速更快
PACK
近两年复合增速
5.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $93.7M | $139.3M |
| 净利润 | — | $8.1M |
| 毛利率 | 39.0% | 45.6% |
| 营业利润率 | -1.0% | 7.1% |
| 净利率 | — | 5.8% |
| 营收同比 | 2.3% | 10.4% |
| 净利润同比 | — | 125.4% |
| 每股收益（稀释后） | $-0.11 | $0.29 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收PACKPRLB
| Q1 26 | — | $139.3M | ||
| Q4 25 | $93.7M | $136.5M | ||
| Q3 25 | $83.6M | $135.4M | ||
| Q2 25 | $77.8M | $135.1M | ||
| Q1 25 | $77.6M | $126.2M | ||
| Q4 24 | $91.6M | $121.8M | ||
| Q3 24 | $78.6M | $125.6M | ||
| Q2 24 | $72.8M | $125.6M |
净利润PACKPRLB
| Q1 26 | — | $8.1M | ||
| Q4 25 | — | — | ||
| Q3 25 | $-10.4M | $7.2M | ||
| Q2 25 | $-7.5M | $4.4M | ||
| Q1 25 | $-10.9M | $3.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-8.1M | $7.2M | ||
| Q2 24 | $5.5M | $4.5M |
毛利率PACKPRLB
| Q1 26 | — | 45.6% | ||
| Q4 25 | 39.0% | 44.2% | ||
| Q3 25 | 41.1% | 45.3% | ||
| Q2 25 | 37.1% | 44.3% | ||
| Q1 25 | 39.8% | 44.1% | ||
| Q4 24 | 45.2% | 42.7% | ||
| Q3 24 | 43.8% | 45.6% | ||
| Q2 24 | 43.5% | 45.0% |
营业利润率PACKPRLB
| Q1 26 | — | 7.1% | ||
| Q4 25 | -1.0% | 5.0% | ||
| Q3 25 | -6.8% | 6.5% | ||
| Q2 25 | -12.5% | 3.7% | ||
| Q1 25 | -10.3% | 3.6% | ||
| Q4 24 | 1.5% | -1.2% | ||
| Q3 24 | -5.3% | 6.8% | ||
| Q2 24 | -7.1% | 4.8% |
净利率PACKPRLB
| Q1 26 | — | 5.8% | ||
| Q4 25 | — | — | ||
| Q3 25 | -12.4% | 5.3% | ||
| Q2 25 | -9.6% | 3.3% | ||
| Q1 25 | -14.0% | 2.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | -10.3% | 5.7% | ||
| Q2 24 | 7.6% | 3.6% |
每股收益（稀释后）PACKPRLB
| Q1 26 | — | $0.29 | ||
| Q4 25 | $-0.11 | $0.25 | ||
| Q3 25 | $-0.12 | $0.30 | ||
| Q2 25 | $-0.09 | $0.18 | ||
| Q1 25 | $-0.13 | $0.15 | ||
| Q4 24 | $-0.13 | $-0.01 | ||
| Q3 24 | $-0.10 | $0.29 | ||
| Q2 24 | $0.07 | $0.18 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $63.0M | $124.0M |
| 总债务越低越好 | $401.9M | — |
| 股东权益账面价值 | $534.9M | $683.1M |
| 总资产 | $1.1B | $778.6M |
| 负债/权益比越低杠杆越低 | 0.75× | — |
8季度趋势，按日历期对齐
现金及短期投资PACKPRLB
| Q1 26 | — | $124.0M | ||
| Q4 25 | $63.0M | $128.1M | ||
| Q3 25 | $49.9M | $119.2M | ||
| Q2 25 | $49.2M | $103.2M | ||
| Q1 25 | $65.5M | $96.8M | ||
| Q4 24 | $76.1M | $103.1M | ||
| Q3 24 | $69.5M | $100.5M | ||
| Q2 24 | $65.1M | $112.9M |
总债务PACKPRLB
| Q1 26 | — | — | ||
| Q4 25 | $401.9M | — | ||
| Q3 25 | $403.1M | — | ||
| Q2 25 | $403.1M | — | ||
| Q1 25 | $405.2M | — | ||
| Q4 24 | $406.4M | — | ||
| Q3 24 | $403.2M | — | ||
| Q2 24 | $396.1M | — |
股东权益PACKPRLB
| Q1 26 | — | $683.1M | ||
| Q4 25 | $534.9M | $673.9M | ||
| Q3 25 | $537.8M | $664.7M | ||
| Q2 25 | $539.0M | $664.7M | ||
| Q1 25 | $544.1M | $656.8M | ||
| Q4 24 | $548.1M | $670.2M | ||
| Q3 24 | $564.3M | $680.0M | ||
| Q2 24 | $566.2M | $685.2M |
总资产PACKPRLB
| Q1 26 | — | $778.6M | ||
| Q4 25 | $1.1B | $763.4M | ||
| Q3 25 | $1.1B | $756.9M | ||
| Q2 25 | $1.1B | $743.3M | ||
| Q1 25 | $1.1B | $737.5M | ||
| Q4 24 | $1.1B | $743.5M | ||
| Q3 24 | $1.1B | $753.8M | ||
| Q2 24 | $1.1B | $758.2M |
负债/权益比PACKPRLB
| Q1 26 | — | — | ||
| Q4 25 | 0.75× | — | ||
| Q3 25 | 0.75× | — | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 0.74× | — | ||
| Q4 24 | 0.74× | — | ||
| Q3 24 | 0.71× | — | ||
| Q2 24 | 0.70× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $19.5M | $17.5M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 2.16× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流PACKPRLB
| Q1 26 | — | $17.5M | ||
| Q4 25 | $19.5M | $16.5M | ||
| Q3 25 | $8.5M | $29.1M | ||
| Q2 25 | $-3.6M | $10.6M | ||
| Q1 25 | $-1.3M | $18.4M | ||
| Q4 24 | $6.5M | $17.3M | ||
| Q3 24 | $10.1M | $24.8M | ||
| Q2 24 | $19.6M | $14.4M |
自由现金流PACKPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | $8.4M | ||
| Q3 25 | — | $25.0M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $17.1M | ||
| Q4 24 | — | $16.5M | ||
| Q3 24 | — | $23.2M | ||
| Q2 24 | — | $10.2M |
自由现金流率PACKPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | 6.2% | ||
| Q3 25 | — | 18.5% | ||
| Q2 25 | — | 6.7% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 8.2% |
资本支出强度PACKPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | 5.9% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 3.3% |
现金转化率PACKPRLB
| Q1 26 | — | 2.16× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 4.03× | ||
| Q2 25 | — | 2.39× | ||
| Q1 25 | — | 5.11× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.44× | ||
| Q2 24 | 3.56× | 3.18× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
PACK
| Other | $47.9M | 51% |
| Europe And Asia Segment | $45.8M | 49% |
PRLB
| CNC Machining | $63.2M | 45% |
| Injection Molding | $51.1M | 37% |
| 3D Printing | $20.5M | 15% |
| Sheet Metal | $4.4M | 3% |
| Other Revenue | $207.0K | 0% |
