OverviewSuggest Edit

Winpak is a manufacturer and supplier of packaging materials. It offers flexible and rigid packaging as well as lidding and packaging machineries. The company's products are used for protection of perishable foods, beverages, pharmaceuticals, medical and personal care.
TypePublic
Founded1976
HQWinnipeg, CA
Websitewinpak.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Apr 2022)2,507
Revenue (FY, 2021)$1 B(+18%)
Cybersecurity ratingBMore
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Winpak Office Locations

Winpak has offices in Winnipeg, Toronto, Vaudreuil-Dorion, Norwood and in 6 other locations
Winnipeg, CA (HQ)
100 Saulteaux Crescent
Toronto, CA
26 Tidemore Ave, Etobicoke
Vaudreuil-Dorion, CA
21919 Chemin Dumberry
Santiago de Querétaro, MX
Av. Jalpan de Serra 135, Parque Industrial Queretaro Santa Rosa Jauregui
Norwood, NJ, US
500 Walnut St
Pekin, IL, US
1821 Riverway Dr
Show all (10)

Winpak Financials and Metrics

Winpak Revenue

Winpak's revenue was reported to be $1 b in FY, 2021
USD

Revenue (FY, 2021)

1.0b

Gross profit (FY, 2021)

479.3m

Net income (FY, 2021)

106.3m

EBITDA (FY, 2021)

186.6m

EBIT (FY, 2021)

141.2m

Cash (26-Dec-2021)

377.5m
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

889.6m873.8m852.5m1.0b

Cost of goods sold

(444.0m)(423.0m)(400.5m)(522.7m)

Gross profit

445.7m450.9m452.0m479.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

224.0m219.6m212.7m213.6m216.2m210.6m224.8m244.0m254.2m

Cost of goods sold

(144.4m)(137.8m)(134.7m)(138.2m)(136.6m)(132.9m)(147.3m)(162.5m)(180.3m)

Gross profit

79.7m81.8m78.1m75.5m79.6m77.7m78.0m81.5m73.8m

R&D expense

(4.1m)(4.4m)(4.2m)(4.1m)(3.9m)(4.3m)(4.0m)(4.6m)(4.5m)
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

344.3m397.2m495.3m377.5m

Accounts Receivable

123.4m128.1m123.8m165.5m

Prepaid Expenses

2.8m2.7m3.1m6.7m

Inventories

132.3m130.5m135.6m187.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

362.6m395.4m415.2m417.4m455.7m486.0m496.2m513.3m352.3m

Accounts Receivable

133.7m130.1m135.3m141.5m137.7m130.6m151.1m155.0m162.4m

Prepaid Expenses

4.0m4.1m3.4m4.9m4.6m4.6m6.3m6.0m7.0m

Inventories

128.7m131.6m130.2m127.1m130.9m129.5m147.3m160.7m173.3m
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

111.6m118.1m108.9m106.3m

Depreciation and Amortization

41.7m45.1m46.3m47.3m

Inventories

(15.6m)3.0m(5.2m)(51.4m)

Accounts Payable

189.0k(2.0m)(234.0k)27.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

29.2m61.1m119.7m23.5m53.5m104.4m25.2m54.7m101.3m

Depreciation and Amortization

10.5m21.1m42.6m11.2m22.8m45.7m11.7m23.5m46.9m

Inventories

3.6m710.0k5.8m3.4m(439.0k)4.4m(11.6m)(25.0m)(49.3m)

Accounts Payable

(1.3m)2.7m(500.0k)(7.2m)566.0k(10.5m)2.3m12.5m13.9m
Show all financial metrics

Winpak Revenue Breakdown

Embed Graph

Winpak revenue breakdown by business segment: 100.0% from PACKING MATERIALS

Winpak Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Winpak Online and Social Media Presence

Embed Graph

Winpak News and Updates

Winpak Broadens Sustainability Offering with Access to PureCycle Ultra-Pure Recycled Resin

WINNIPEG, MB, March 9, 2022 /PRNewswire/ - Winpak Ltd. (WPK), a manufacturer and distributor of high-quality packaging materials for perishable foods, beverages and healthcare announced today that PureCycle Technologies, Inc. (NASDAQ: PCT) will be providing Winpak with Ultra-Pure Recycled...

World Outlook for the Plastic Packaging Market to 2026, Featuring Profiles of Key Players Amcor PLC, Mondi PLC, Sonoco Products Co., Tetra Pak International S.A., UFlex Ltd., and Winpak Ltd

Dublin, Sept. 25, 2020 (GLOBE NEWSWIRE) -- The "Plastic Packaging Market 2020-2026" report has been added to ResearchAndMarkets.com's offering. The global plastic packaging market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth …

Winpak Frequently Asked Questions

  • When was Winpak founded?

    Winpak was founded in 1976.

  • How many employees does Winpak have?

    Winpak has 2,507 employees.

  • What is Winpak revenue?

    Latest Winpak annual revenue is $1 b.

  • What is Winpak revenue per employee?

    Latest Winpak revenue per employee is $399.7 k.

  • Who are Winpak competitors?

    Competitors of Winpak include IMA Group, Printpack and Palm.

  • Where is Winpak headquarters?

    Winpak headquarters is located at 100 Saulteaux Crescent, Winnipeg.

  • Where are Winpak offices?

    Winpak has offices in Winnipeg, Toronto, Vaudreuil-Dorion, Norwood and in 6 other locations.

  • How many offices does Winpak have?

    Winpak has 10 offices.