Karat Packaging Inc. (KRT)
NASDAQ: KRT · Real-Time Price · USD
48.05
+0.95 (2.02%)
Aug 21, 2026, 4:00 PM EDT - Market closed

Karat Packaging Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
493.38467.74422.63405.65422.96364.24
Revenue Growth
11.62%10.67%4.19%-4.09%16.12%23.26%
Gross Profit
175.16172.14164.33153.04132.09107.83
Operating Income
37.1940.9240.5144.629.9823.15
Net Income
50.2131.4829.9832.4723.6520.78
Earnings Per Share
2.501.561.491.631.191.12
EPS Growth
57.08%4.70%-8.59%36.98%6.25%-0.89%

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
54.1437.8859.9349.4216.046.48
Total Debt
72.7279.8692.8771.0158.6537.85
Net Cash (Debt)
-18.57-41.98-32.94-21.59-42.61-31.37
Net Cash Growth
------
Net Cash Per Share
-0.92-2.08-1.64-1.08-2.14-1.69

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
56.6833.8247.9853.3829.478.68
Capital Expenditures
-5.52-4.51-4.07-9.14-14.75-12.38
Free Cash Flow
51.1729.3143.9144.2414.73-3.7
Free Cash Flow Growth
20.88%-33.26%-0.73%200.37%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
35.50%36.80%38.88%37.73%31.23%29.60%
Operating Margin
7.54%8.75%9.59%11.00%7.09%6.35%
Pretax Margin
13.78%9.20%9.63%10.60%7.69%7.56%
Profit Margin
10.18%6.73%7.09%8.00%5.59%5.70%
FCF Margin
10.37%6.27%10.39%10.90%3.48%-1.02%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingAug '26 Dec '25 Dec '24 Dec '23
Dividend Per Share
1.8801.8001.4000.300
Dividend Per Share Growth
4.00%28.57%366.67%-
Dividend Yield
3.91%8.25%5.13%1.42%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
19.2414.4120.2115.2812.1019.26
Forward PE
25.5814.6615.9510.859.0814.57
P/FCF Ratio
18.7215.4813.8011.2219.43-
PS Ratio
1.940.971.431.220.681.10