Karat Packaging Inc. (KRT)
NASDAQ: KRT · IEX Real-Time Price · USD
28.61
+0.36 (1.27%)
At close: Mar 28, 2024, 4:00 PM
27.65
-0.96 (-3.37%)
After-hours: Mar 28, 2024, 5:41 PM EDT

Karat Packaging Income Statement

Millions USD. Fiscal year is Jan - Dec.
Year 20232022202120202019
Revenue
405.65422.96364.24295.52224.91
Revenue Growth (YoY)
-4.09%16.12%23.26%31.39%-
Cost of Revenue
252.61290.87256.42206.39163.89
Gross Profit
153.04132.09107.8389.1361.02
Selling, General & Admin
108.44102.184.6861.4355.18
Other Operating Expenses
2.53-0.03000
Operating Expenses
110.97102.0784.6861.4355.18
Operating Income
42.0830.0223.1527.75.84
Interest Expense / Income
2.042.022.915.494.75
Other Expense / Income
-2.24-2.33-5.63-0.57-1.42
Pretax Income
42.2730.3225.8722.782.51
Income Tax
9.86.685.095.260.78
Net Income
32.4723.6520.7817.521.72
Net Income Growth
37.31%13.81%18.62%916.07%-
Shares Outstanding (Basic)
2020181515
Shares Outstanding (Diluted)
2020191515
Shares Change
0.26%7.32%20.19%1.70%-
EPS (Basic)
1.631.191.131.150.11
EPS (Diluted)
1.631.191.131.150.11
EPS Growth
36.97%5.31%-1.74%945.45%-
Free Cash Flow
45.3914.8-3.7-21.91-24.79
Free Cash Flow Per Share
2.280.75-0.20-1.44-1.63
Dividend Per Share
0.8500.350---
Dividend Growth
142.86%----
Gross Margin
37.73%31.23%29.60%30.16%27.13%
Operating Margin
10.37%7.10%6.35%9.37%2.59%
Profit Margin
8.00%5.59%5.70%5.93%0.77%
Free Cash Flow Margin
11.19%3.50%-1.02%-7.41%-11.02%
Effective Tax Rate
23.19%22.02%19.67%23.09%31.18%
EBITDA
60.0746.5738.8236.8413.21
EBITDA Margin
14.81%11.01%10.66%12.47%5.87%
Depreciation & Amortization
15.7514.2310.048.575.95
EBIT
44.3232.3428.7728.277.26
EBIT Margin
10.92%7.65%7.90%9.57%3.23%
Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).