Karat Packaging Inc. financials

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KRT CIK 0001758021

Source: EDGAR filings · Built 2026-06-02T03:24:55Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
Free Cash Flow 33.06M 47.05M 50.54M 26.82M 3.89M -15.35M
EBITDA 52.30M 48.44M 52.86M 40.42M 33.19M 36.27M
Working Capital 90.97M 114.55M 110.53M 84.55M 72.11M 36.64M
Net Debt 19.12M 14.01M -264.00K 1.27M -5.11M 11.63M
Gross Margin 36.80% 38.88% 37.73% 31.23% 29.60% 30.16%
Operating Margin 8.85% 8.93% 10.37% 7.10% 6.35% 9.37%
Net Margin 6.73% 7.09% 8.00% 5.59% 5.70% 5.93%
Return on Equity (ROE) 21.07% 19.27% 21.07% 16.69% 16.91% 54.06%
Return on Assets (ROA) 10.94% 10.18% 11.75% 9.38% 10.01% 9.67%
Current Ratio 2.30× 3.47× 3.49× 3.15× 3.34× 1.85×
Debt-to-Equity 0.38× 0.29× 0.15× 0.12× 0.01× 0.37×
Effective Tax Rate 24.08% 24.26% 22.81% 20.53% 18.49% 23.98%
Cash Conversion Ratio 1.07× 1.60× 1.64× 1.25× 0.42× 0.83×
Accruals Ratio -0.01× -0.06× -0.08× -0.02× 0.06× 0.02×
SBC % of Revenue 0.25% 0.49% 0.19% 0.48% 0.56% 0.00%
CapEx Coverage 44.73× 51.37× 18.83× 11.09× 1.81× 0.49×
Free Cash Flow Per Share $1.64 $2.34 $2.53 $1.35 $0.21 $-0.99

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
P/E Trailing (Diluted) 14.47× 20.31× 15.25× 12.08× 18.04× —
P/FCF 13.78× 12.94× 9.82× 10.68× 96.38× —
FCF Yield 7.26% 7.73% 10.18% 9.37% 1.04% —
EV / EBITDA 8.98× 12.81× 9.38× 7.10× 11.91× —
P/S 0.96× 1.43× 1.22× 0.68× 1.10× —
P/B 3.02× 3.90× 3.22× 2.02× 3.26× —

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
Revenue from Contract with Customer, Excluding Assessed Tax 467.74M 422.63M 405.65M 422.96M 364.24M 295.52M
Cost of Goods and Services Sold 295.61M 258.30M 252.61M 290.87M 256.42M 206.39M
Gross Profit 172.14M 164.33M 153.04M 132.09M 107.83M 89.13M
Operating Expenses 130.72M 126.57M 110.97M 102.07M 84.68M 61.43M
Operating Income (Loss) 41.41M 37.76M 42.08M 30.02M 23.14M 27.70M
Income Tax Expense (Benefit) 10.36M 9.87M 9.80M 6.68M 5.09M 5.26M
Net Income (Loss) Attributable to Parent 31.48M 29.98M 32.47M 23.65M 20.78M 17.52M
Earnings Per Share, Basic $1.57 $1.50 $1.63 $1.19 $1.13 $1.15
Weighted Average Number of Shares Outstanding, Basic 20.06M 20.00M 19.90M 19.82M 18.41M 15.18M
Earnings Per Share, Diluted $1.56 $1.49 $1.63 $1.19 $1.12 $1.13
Weighted Average Number of Shares Outstanding, Diluted 20.18M 20.12M 19.98M 19.93M 18.57M 15.45M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
Cash and Cash Equivalents, at Carrying Value 37.88M 31.58M 23.08M 16.04M 6.48M 448.00K
Assets, Current 161.19M 161.00M 154.93M 123.80M 102.87M 79.78M
Assets 287.69M 294.52M 276.40M 252.18M 207.60M 181.10M
Liabilities, Current 70.22M 46.45M 44.40M 39.25M 30.76M 43.14M
Long-term Debt, Excluding Current Maturities — — 203.00K 216.00K 200.00K 100.00K
Liabilities 130.82M 132.32M 113.71M 100.24M 75.57M 141.24M
Stockholders' Equity Attributable to Parent 149.42M 155.57M 154.12M 141.68M 122.90M 32.40M
Common Stock, Shares, Outstanding 19.96M 20.04M 19.97M 19.89M 19.80M 15.17M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2021
Net Cash Provided by (Used in) Operating Activities 33.81M 47.98M 53.38M 29.47M 8.68M 14.55M
Payments to Acquire Property, Plant, and Equipment 756.00K 934.00K 2.83M 2.66M 4.17M 29.54M
Net Cash Provided by (Used in) Investing Activities 25.40M -5.86M -30.17M -17.84M -13.28M -37.35M
Payments for Repurchase of Common Stock 3.00M 0 — — 0 248.00K
Net Cash Provided by (Used in) Financing Activities -52.92M -33.62M -16.17M -2.07M 10.64M 22.45M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

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Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (KRT CIK 0001758021), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.

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