It does.I genuinely believe ranger damage output will outperform fighter damage output up until around level 11 with two weapon fighting. I am still crunching numbers but it looks that way. They will be a damage dishing Cuisinart of destruction.
Outside than Action Surge, Fighter doesn't get a damage bonus over ranger until they get a feat at level 6.
Where Ranger has bonus damage from Hunter's Mark, Hail of Thorns, and previously Searing Smite and Zephyr Strike via spells.