Karat Packaging Inc. (KRT)
NASDAQ: KRT · Real-Time Price · USD
33.85
-1.47 (-4.16%)
Nov 13, 2026, 1:49 PM EST - Market open
Karat Packaging Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 503.61 | 467.74 | 422.63 | 405.65 | 422.96 | 364.24 | |
Revenue Growth | 10.98% | 10.67% | 4.19% | -4.09% | 16.12% | 23.26% |
Cost of Revenue | 326.23 | 295.61 | 258.3 | 252.61 | 290.87 | 256.42 |
Gross Profit | 177.38 | 172.14 | 164.33 | 153.04 | 132.09 | 107.83 |
Selling, General & Admin | 143.54 | 131.22 | 123.82 | 108.44 | 102.1 | 84.68 |
Operating Expenses | 143.54 | 131.22 | 123.82 | 108.44 | 102.1 | 84.68 |
Operating Income | 33.84 | 40.92 | 40.51 | 44.6 | 29.98 | 23.15 |
Interest Expense | -1.74 | -2.06 | -2.12 | -2.04 | -2.02 | -2.91 |
Interest & Investment Income | 2.52 | 2.21 | 2.3 | 1.8 | 2.23 | 1.51 |
Currency Exchange Gain (Loss) | 0.73 | -1.54 | 0.52 | 0.1 | 1.57 | -0.41 |
Other Non Operating Income (Expenses) | 3.01 | 3 | 2.24 | 1.05 | 0.72 | 1.19 |
EBT Excluding Unusual Items | 38.36 | 42.53 | 43.45 | 45.51 | 32.48 | 22.53 |
Gain (Loss) on Sale of Assets | -0.22 | 0.49 | -0.76 | -2 | 0.03 | - |
Asset Writedown | - | - | -1.99 | - | - | - |
Other Unusual Items | 25.79 | - | - | -0.52 | - | 5 |
Pretax Income | 63.93 | 43.02 | 40.7 | 42.98 | 32.51 | 27.53 |
Income Tax Expense | 15.22 | 10.36 | 9.87 | 9.8 | 6.68 | 5.09 |
Earnings From Continuing Operations | 48.71 | 32.66 | 30.82 | 33.18 | 25.84 | 22.44 |
Minority Interest in Earnings | -1.43 | -1.19 | -0.85 | -0.71 | -2.19 | -1.66 |
Net Income | 47.28 | 31.48 | 29.98 | 32.47 | 23.65 | 20.78 |
Net Income to Common | 47.28 | 31.48 | 29.98 | 32.47 | 23.65 | 20.78 |
Net Income Growth | 56.12% | 5.01% | -7.68% | 37.30% | 13.81% | 18.62% |
Shares Outstanding (Basic) | 20 | 20 | 20 | 20 | 20 | 18 |
Shares Outstanding (Diluted) | 20 | 20 | 20 | 20 | 20 | 19 |
Shares Change | -0.32% | 0.28% | 0.73% | 0.26% | 7.32% | 20.19% |
EPS (Basic) | 2.37 | 1.57 | 1.50 | 1.63 | 1.19 | 1.13 |
EPS (Diluted) | 2.35 | 1.56 | 1.49 | 1.63 | 1.19 | 1.12 |
EPS Growth | 56.61% | 4.70% | -8.59% | 36.98% | 6.25% | -0.89% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 61.83 | 29.31 | 43.91 | 44.24 | 14.73 | -3.7 |
Free Cash Flow Per Share | 3.07 | 1.45 | 2.18 | 2.21 | 0.74 | -0.20 |
Dividend Per Share | 1.820 | 1.800 | 1.400 | 0.300 | - | - |
Dividend Growth | 4.00% | 28.57% | 366.67% | 650.00% | - | - |
Gross Margin | 35.22% | 36.80% | 38.88% | 37.73% | 31.23% | 29.60% |
Operating Margin | 6.72% | 8.75% | 9.59% | 11.00% | 7.09% | 6.35% |
Profit Margin | 9.39% | 6.73% | 7.09% | 8.00% | 5.59% | 5.70% |
Free Cash Flow Margin | 12.28% | 6.27% | 10.39% | 10.90% | 3.48% | -1.02% |
EBITDA | 44.6 | 51.81 | 51.19 | 55.38 | 40.39 | 33.19 |
EBITDA Margin | 8.86% | 11.08% | 12.11% | 13.65% | 9.55% | 9.11% |
D&A For EBITDA | 10.76 | 10.89 | 10.68 | 10.78 | 10.41 | 10.04 |
EBIT | 33.84 | 40.92 | 40.51 | 44.6 | 29.98 | 23.15 |
EBIT Margin | 6.72% | 8.75% | 9.59% | 11.00% | 7.09% | 6.35% |
Effective Tax Rate | 23.80% | 24.08% | 24.26% | 22.81% | 20.53% | 18.49% |