NYSE$PACK
Ranpak Holdings Corp · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Reported strong Q4 results driven by top-line growth and increased profitability.
Ranpak Holdings Corp. reported a strong fourth quarter with net revenue increasing by 21.3% year over year on a constant currency basis to $109.4 million. Adjusted EBITDA increased by 8.2% on a constant currency basis to $35.7 million, resulting in a margin of 32.6%. The company's performance reflects strong industrial activity, consumption trends, and a growing focus on sustainability in supply chains.
- Packaging systems placement increased 13.5% year over year.
- Net revenue increased 18.7% and 21.3% adjusting for constant currency.
- Net loss decreased to $2.5 million compared to a net loss of $5.2 million.
- Adjusted EBITDA increased 8.2% to $35.7 million on a constant currency basis.
Headline financials
Revenue & EPS history
Ranpak · Revenue · Quarterly
$109M
Revenue by segment
Ranpak · $105M total across 3 segments · Q4 2021
- Void-Fill$45.2M+18.3%43.2%
- Cushioning$43.7M+10.4%41.8%
- Wrapping$15.7M+21.7%15.0%
Forward guidance
Ranpak forecasts net revenue growth in the area of 13% – 18% and AEBITDA growth of 9% – 12% on a constant currency basis for 2022. This translates to a range of $425 – $445 million in constant currency net revenue and $128 – $132 million for AEBITDA.
Tailwinds
- Continued elevated demand for our products.
- Pricing actions flowing through.
- Strong top-line growth.
- Significant portion of strong cash generation for the year will be reinvested in real estate, automation, and technology infrastructure.
- Exceptional opportunity to expand Ranpak.
Headwinds
- Continued investment in growth areas such as Automation.
- Some input cost pressure expected early in the year before additional pricing actions take effect.
- Unable to forecast with reasonable certainty the associated currency impact.
- Unable to forecast with reasonable certainty several items necessary to calculate such comparable GAAP measure, including asset impairments, integration related expenses, reorganizations and discontinued operations related expenses, legal settlement costs, as well as other unusual or non-recurring gains or losses.
- These items are uncertain, depend on various factors, and could be material to our results computed in accordance with GAAP.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
-0.5%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+4.7%
Avg return
30 days after
42%
14 / 33 earnings
Positive
+45.4%
Q4 2023
Best reaction
-29.1%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +29.2% | +50.0% | +74.1% | |
| Q4 2025 | -1.3% | -6.0% | -34.0% | |
| Q3 2025 | -17.5% | -5.4% | -11.5% | |
| Q1 2025 | -29.1% | -21.0% | -19.6% | |
| Q4 2024 | +2.6% | -6.1% | -36.9% | |
| Q3 2024 | +3.0% | +7.9% | +31.4% | |
| Q2 2024 | +7.5% | +6.5% | -1.8% | |
| Q1 2024 | -8.2% | -2.7% | -14.9% | |
| Q4 2023 | +45.4% | +64.7% | +62.5% | |
| Q3 2023 | -23.8% | -17.3% | +16.1% | |
| Q2 2023 | +15.0% | -6.9% | +7.1% | |
| Q1 2023 | -23.2% | -19.8% | -9.7% | |
| Q4 2022 | +7.7% | +7.9% | -2.8% | |
| Q3 2022 | +15.8% | +37.6% | +50.3% | |
| Q2 2022 | -25.5% | -27.6% | -16.9% | |
| Q1 2022 | -20.0% | -26.5% | -15.5% | |
| Q4 2021 | -8.4% | -13.1% | -17.0% | |
| Q3 2021 | +9.8% | +13.6% | +24.1% | |
| Q2 2021 | -1.9% | -0.6% | +16.9% | |
| Q1 2021 | +4.0% | -3.5% | -0.9% | |
| Q4 2020 | +8.9% | +16.1% | +10.7% | |
| Q3 2020 | +8.3% | +21.0% | +30.4% | |
| Q2 2020 | -3.9% | -1.2% | +5.2% | |
| Q1 2020 | +0.1% | -14.1% | +0.1% | |
| Q4 2019 | +1.4% | -3.1% | -16.5% | |
| Q3 2019 | -2.4% | +0.0% | -2.5% | |
| Q2 2019 | -8.5% | -0.7% | +32.5% | |
| Q1 2019 | -0.3% | -0.7% | -9.2% | |
| Q4 2018 | -0.1% | -0.2% | +0.9% | |
| Q2 2018 | -0.1% | -0.2% | +0.9% | |
| Q3 2018 | +0.0% | +0.0% | +0.3% | |
| Q4 2017 | -0.2% | -0.2% | +0.4% | |
| Q1 2018 | -0.2% | -0.2% | +0.4% | |
| Q3 2017 | — | — | — |
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