Ranpak Holdings's gross profit for the
three
months ended in Sep. 2024 was $34.4 Mil. Ranpak Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $132.5 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Ranpak Holdings's gross profit for the
three
months ended in Sep. 2024 was $34.4 Mil. Ranpak Holdings's Revenue for the
three
months ended in Sep. 2024 was $92.2 Mil. Therefore, Ranpak Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 37.31%.
Ranpak Holdings had a gross margin of 37.31% for the quarter that ended in Sep. 2024 => Competition eroding margins
During the past 7 years, the highestGross Margin % of Ranpak Holdings was 46.05%. The lowest was 30.51%. And the median was 41.11%.
Warning Sign:
Ranpak Holdings Corp gross margin has been in long-term decline. The average rate of decline per year is -4.8%.
Ranpak Holdings Gross Profit Historical Data
The historical data trend for Ranpak Holdings's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Ranpak Holdings's Gross Profit
For the Packaging & Containers subindustry, Ranpak Holdings's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ranpak Holdings's Gross Profit Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Ranpak Holdings's Gross Profit distribution charts can be found below:
* The bar in red indicates where Ranpak Holdings's Gross Profit falls into.
Ranpak Holdings Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Ranpak Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $132.5 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Ranpak Holdings had a gross margin of 37.31% for the quarter that ended in Sep. 2024 => Competition eroding margins
Ranpak Holdings Gross Profit Related Terms
Thank you for viewing the detailed overview of Ranpak Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Ranpak Holdings Corp is a provider of environmentally sustainable, systems-based, product protection solutions for e-Commerce and industrial supply chains. The company offers a full suite of protective packaging systems and paper consumables. Geographically, it derives a majority of revenue from Europe/Asia. They generate revenue by providing its PPS systems and paper consumables to customers, which include direct end-users and our network of exclusive paper packaging solution distributors, and by providing end-of-line automation systems that solve challenges, including optimization, customization, and efficiency.
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