Karat Packaging Inc.
Karat Packaging Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nonrelated Party | 24 | 26 | -8 | 9 | 25 | 18 | -1 | 3 | 21 | 18 | -4 | 23 | |||||
Related Party | 24 | 26 | -8 | 9 | 25 | 18 | -1 | 3 | 21 | 18 | -4 | 23 | |||||
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 29 | 38 | 24 | 31 | 32 | 32 | 39 | 19 | 13 | 23 | 28 | 18 | |||||
Short Term Investments | 6 | 0 | 20 | 26 | 24 | 28 | 22 | 33 | 34 | 26 | 18 | 28 | |||||
Accounts Receivable Net Current | 42 | 36 | 38 | 36 | 32 | 27 | 34 | 34 | 30 | 28 | 34 | 33 | |||||
Inventory Net | 80 | 82 | 84 | 89 | 80 | 71 | 71 | 80 | 79 | 72 | 72 | 76 | |||||
Prepaid Expense And Other Assets Current | 4 | 5 | 5 | 4 | 3 | 4 | 5 | 4 | 4 | 6 | 7 | 6 | |||||
Assets Current | 161 | 161 | 171 | 186 | 172 | 161 | 170 | 170 | 161 | 155 | 159 | 161 | |||||
Property Plant And Equipment Net | 79 | 81 | 84 | 83 | 86 | 88 | 90 | 92 | 94 | 95 | 97 | 96 | |||||
Deposits Assets Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 6 | |||||
Goodwill | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |||||
Intangible Assets Net Excluding Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Operating Lease Right Of Use Asset | 38 | 40 | 43 | 46 | 49 | 41 | 41 | 43 | 19 | 21 | 17 | 18 | |||||
Deferred Income Tax Assets Net | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | |||||
Other Assets Noncurrent | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | |||||
Assets | 283 | 288 | 303 | 321 | 312 | 295 | 307 | 311 | 279 | 276 | 280 | 287 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accrued Liabilities Current | 13 | 13 | 16 | 14 | 15 | 14 | 13 | 14 | 11 | 11 | 9 | 8 | |||||
Contract With Customer Liability Current | - | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 1 | |||||
Deferred Revenue | - | - | - | - | - | - | 1 | - | - | - | - | - | |||||
Taxes Payable Current | 1 | 0 | 0 | 0 | 2 | 0 | - | - | - | 0 | 8 | 5 | |||||
Deferred Revenue Current | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | 1 | - | - | |||||
Long Term Debt Current | 13 | 13 | 21 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Operating Lease Liability Current | 12 | 12 | 12 | 12 | 11 | 9 | 9 | 8 | 4 | 5 | 5 | 5 | |||||
Other Notes Payable | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Lines Of Credit Current | - | - | 1 | - | - | - | - | - | - | - | - | - | |||||
Other Liabilities Current | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 4 | 4 | 3 | - | - | |||||
Liabilities Current | 70 | 70 | 80 | 69 | 60 | 46 | 54 | 56 | 48 | 44 | 46 | 51 | |||||
Deferred Income Tax Liabilities Net | 3 | 3 | 1 | 1 | 1 | 0 | 4 | 4 | 4 | 4 | 5 | 5 | |||||
Operating Lease Liability Noncurrent | 29 | 32 | 35 | 39 | 42 | 35 | 37 | 39 | 18 | 17 | 13 | 14 | |||||
Other Liabilities Noncurrent | 3 | 3 | 3 | 3 | 3 | 3 | 0 | 0 | 0 | 0 | 3 | 3 | |||||
Liabilities | 128 | 131 | 141 | 158 | 152 | 132 | 143 | 147 | 119 | 114 | 115 | 122 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 91 | 91 | 91 | 90 | 90 | 89 | 89 | 88 | 87 | 87 | 87 | 86 | |||||
Treasury Stock Common Value | -3 | -3 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |||||
Retained Earnings Accumulated Deficit | 59 | 62 | 64 | 66 | 64 | 66 | 69 | 70 | 68 | 68 | 68 | 69 | |||||
Stockholders Equity | 147 | 149 | 154 | 163 | 153 | 156 | 164 | 164 | 154 | 163 | 165 | 165 | |||||
Minority Interest | 8 | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 9 | 11 | 11 | |||||
Liabilities And Stockholders Equity | 283 | 288 | 303 | 321 | 312 | 295 | 307 | 311 | 279 | 276 | 280 | 287 | |||||
Variable Interest Entity Primary Beneficiary | 2 | 1 | 0 | -7 | 9 | 2 | -3 | 0 | 4 | 14 | 1 | -7 | |||||
Allowance For Doubtful Accounts Receivable Current | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | |||||
Long Term Debt Noncurrent | - | - | - | - | - | - | - | - | 0 | -0 | 0 | 0 | |||||
Debt Instrument Unamortized Discount Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | - | - | |||||
Preferred Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Preferred Stock Shares Authorized | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Common Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |||||
Common Stock Shares Issued | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | |||||
Shares Outstanding | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | |||||
Treasury Stock Common Shares | -0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.79% | 14.87% | 43.12% | - | - | - | - | - | - | - | - | - |
| 2025 | 5.52% | -7.36% | -5.41% | 2.66% | 0.10% | 1.48% | 0.12% | 3.61% | 12.11% | 3.38% | 7.62% | 2.41% |
| 2024 | 8.14% | 12.09% | 11.74% | 8.39% | 10.49% | 12.84% | 5.75% | 2.81% | 7.57% | -12.00% | -5.08% | 12.67% |
| 2023 | 11.24% | 26.89% | 34.74% | 29.77% | 15.54% | 1.61% | 1.83% | 14.29% | 12.73% | 11.34% | 6.67% | 11.40% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.29 | 2.30 | 2.14 | 2.68 | 2.86 | 3.47 | 3.12 | 3.05 | 3.33 | 3.49 | 3.47 | 3.17 | |||||
| Quick Ratio | 1.09 | 1.06 | 1.03 | 1.34 | 1.48 | 1.87 | 1.73 | 1.54 | 1.59 | 1.74 | 1.76 | 1.56 | |||||
| Working Capital | 90.69M | 90.97M | 91.08M | 116.75M | 111.90M | 114.55M | 115.61M | 114.24M | 112.34M | 110.53M | 112.99M | 110.28M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.86 | 0.83 | 0.91 | 0.97 | 0.99 | 0.82 | 0.88 | 0.90 | 0.77 | 0.70 | 0.70 | 0.74 | |||||
| Interest Coverage TTM | 21.51 | 20.15 | 19.30 | 20.63 | 17.79 | 17.79 | 8.06 | 8.09 | 8.55 | 9.87 | 10.25 | 9.51 | |||||
| Debt Ratio | 0.45 | 0.45 | 0.47 | 0.49 | 0.49 | 0.45 | 0.47 | 0.47 | 0.43 | 0.41 | 0.41 | 0.42 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.62 | 1.61 | 1.49 | 1.40 | 1.46 | 1.48 | 1.42 | 1.37 | 1.47 | 1.53 | 1.55 | 1.52 | |||||
| Days Sales Outstanding TTM | 28.33 | 24.63 | 28.85 | 28.93 | 26.49 | 23.53 | 29.73 | 29.65 | 28.39 | 25.95 | 32.04 | 31.95 | |||||
| Receivables Turnover TTM | 12.88 | 14.82 | 12.65 | 12.62 | 13.78 | 15.51 | 12.28 | 12.31 | 12.85 | 14.07 | 11.39 | 11.42 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 1.64 | 1.62 | 1.55 | 1.63 | 1.54 | 1.53 | 1.43 | 1.43 | 1.49 | 1.63 | 1.66 | 1.51 | |||||
| Free Cash Flow Per Share TTM | 1.61 | 1.65 | 1.29 | 2.21 | 2.41 | 2.35 | 2.46 | 2.05 | 2.19 | 2.54 | 2.84 | 3.29 | |||||
| Dividend Per Share TTM | 1.81 | 1.80 | 1.75 | 1.80 | 1.70 | 1.55 | 1.35 | 2.04 | 2.04 | 1.75 | 1.55 | 0.35 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 35.94% | 36.80% | 38.04% | 39.18% | 38.89% | 38.88% | 38.07% | 37.63% | 37.61% | 37.73% | 36.90% | 35.32% | |||||
| Operating Profit Margin TTM | 8.74% | 8.85% | 8.87% | 9.71% | 8.71% | 8.93% | 8.42% | 8.60% | 9.23% | 10.37% | 10.49% | 9.53% | |||||
| Net Profit Margin TTM | 6.86% | 6.98% | 6.88% | 7.44% | 7.24% | 7.29% | 6.93% | 7.00% | 7.38% | 8.00% | 8.22% | 7.40% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 11.71% | 10.67% | 8.93% | 7.99% | 6.21% | 4.19% | 3.43% | 0.52% | -1.91% | -4.09% | -4.48% | -1.72% | |||||
| Net Income Growth (1Y) | 5.86% | 5.97% | 8.13% | 14.67% | 4.08% | -5.07% | -12.83% | -4.90% | 15.22% | 37.31% | 42.86% | 42.48% | |||||
| EPS Growth (1Y) | 6.25% | 5.68% | 7.74% | 14.30% | 3.73% | -5.53% | -13.39% | -5.42% | 14.74% | 36.76% | 42.27% | 41.93% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 16.62 | 13.40 | 15.35 | 15.97 | 15.65 | 17.72 | 15.98 | 18.01 | 16.45 | 13.00 | 11.71 | 9.97 | |||||
| P/B TTM | 3.72 | 2.79 | 3.10 | 3.23 | 3.18 | 3.37 | 2.82 | 3.15 | 3.19 | 2.59 | 2.35 | 1.82 | |||||
| P/S TTM | 1.14 | 0.94 | 1.06 | 1.19 | 1.13 | 1.29 | 1.11 | 1.26 | 1.22 | 1.04 | 0.96 | 0.74 | |||||
| Market Cap | 548.31M | 437.54M | 479.08M | 524.99M | 487.70M | 546.22M | 461.23M | 516.15M | 492.65M | 421.99M | 387.61M | 300.50M | |||||
| Enterprise Value | 532.34M | 412.60M | 477.16M | 495.65M | 456.42M | 515.82M | 423.50M | 497.99M | 480.83M | 399.83M | 360.77M | 283.41M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 32.07M | 33.06M | 25.97M | 44.41M | 48.27M | 47.05M | 49.27M | 41.08M | 43.73M | 50.47M | 56.54M | 65.42M | |||||
| Net Debt | -15.97M | -24.94M | -1.92M | -29.34M | -31.28M | -30.41M | -37.74M | -18.16M | -11.82M | -22.16M | -26.83M | -17.10M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Karat Packaging Inc. (KRT) — SEC Financial Statements & Analysis
Karat Packaging Inc. (KRT) is a plastics products, nec company, incorporated in DE. Karat Packaging Inc. trades on Nasdaq as: KRT. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Karat Packaging Inc. reported a 11.71% year-over-year revenue growth, a Gross Profit Margin of 35.94% (TTM), a Debt-to-Equity ratio of 0.86x, a Price-to-Sales (P/S) ratio of 1.14x (TTM), a Price-to-Book (P/B) ratio of 3.72 (TTM), at a market cap of $548.31M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 11.71%
- Gross Profit Margin TTM
- 35.94%
- Debt To Equity
- 0.86x
- P/S TTM
- 1.14x
- P/B TTM
- 3.72
- Market Cap
- $548.31M
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Karat Packaging Inc. in?
Karat Packaging Inc. (KRT) operates in the Plastics Products, NEC industry.
What is KRT's market cap?
Karat Packaging Inc. (KRT) has a market capitalization of $548.31M as of 2026-03-31.
What is KRT's P/E ratio?
Karat Packaging Inc. (KRT)'s trailing twelve month P/E ratio is 16.62x as of 2026-03-31.
What exchange does KRT trade on?
Karat Packaging Inc. (KRT) trades on the Nasdaq.
Where is Karat Packaging Inc. incorporated?
Karat Packaging Inc. is incorporated in DE.