Mativ Holdings vs Ranpak Holdings
Mativ Holdings is the larger business, with $1.99bn of revenue in fiscal 2025 against $395m for Ranpak Holdings (5.0 times as much). Ranpak Holdings grew faster (7.1% against 0.3%). Ranpak Holdings kept more of each dollar of sales as profit: a net margin of -9.7% against -17.0%. Ranpak Holdings carries less debt relative to equity (75.1% against 207.3%).
| Latest fiscal year | Mativ HoldingsMATV, 2025 | Ranpak HoldingsPACK, 2025 |
|---|---|---|
| Revenue | $1.99bn | $395m |
| Revenue growth | 0.3% | 7.1% |
| Net income | −$337m | −$38.3m |
| Operating margin | -19.3% | -6.2% |
| Net margin | -17.0% | -9.7% |
| Return on equity | -49.7% | -7.1% |
| Free cash flow | $93.8m | $19.8m |
| Cash | $84.2m | $63.0m |
| Total debt | $1.03bn | $402m |
| Debt to equity | 207.3% | 75.1% |
| Dividend per share | $0.40 | — |
| Dividend yield | 3.5% | — |
| Share buybacks | — | — |
| Employees | — | 800 |
| Market value | $623m | $262m |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 32 (Weak) | 45 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |