Companies

Karat Packaging Inc.

KRT · CIK 0001758021 · operating

$24.65-0.96%Last updated Feb 28, 12:12 AM

Key Statistics

Valuation

Market Cap$495.45M
P/E16.43
Fwd P/E14.76
PEG
P/S1.09
P/B3.21
EV/EBITDA10.88
EV/Rev1.21

Profitability

Gross Margin38.88%
Op. Margin8.93%
Net Margin7.09%
ROE19.27%
ROA10.18%
FCF Margin11.13%

Financial Health

Current Ratio3.47
Debt/Equity0.85
Free Cash Flow$47.05M
Div. Yield7.30%

Growth & Other

Revenue Growth4.19%
EPS Growth-8.59%
Beta1.06
52W High$32.68
52W Low$20.61

About Karat Packaging Inc.

Karat Packaging manufactures and distributes single-use disposable products for foodservice and restaurant applications. The company produces items in plastic, paper, biopolymer, and compostable materials, including food containers, takeout boxes, cups, lids, cutlery, straws, bags, tableware, and gloves sold under the Karat Earth brand. The product portfolio also extends to janitorial and warehouse supplies and specialty items such as gloves and utensils. Beyond manufacturing, Karat provides ancillary services including new product development, custom design, printing, and logistics support for its customers.

The company serves multiple distribution channels, selling through national and regional distributors, restaurant chains, retail establishments, and direct-to-consumer online channels. A secondary revenue stream comes from the distribution of food and beverage items, including syrups, boba tea, and coffee drinks. This diversification across product categories and sales channels allows the company to serve different customer segments within the broader foodservice ecosystem.

Based in Chino, California, Karat Packaging operates with approximately 683 full-time employees. The company was founded in 2000 and is incorporated in Delaware, with operations structured to support its distribution footprint across the United States.

Earnings Per Share (Annual · SEC XBRL)

Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.

Fiscal YearEPS DilutedEPS BasicYoY
2024$1.49$1.50-8.6%
2023$1.63$1.63+37.0%
2022$1.19$1.19+6.2%
2021$1.12$1.13

Annual Reports (10-K) · 4 filings

Report DateFiledAccession Number
2024-12-312025-03-140001628280-25-012816SEC ↗
2023-12-312024-03-150001628280-24-011444SEC ↗
2022-12-312023-03-160001628280-23-008299SEC ↗
2021-12-312022-03-310001628280-22-007993SEC ↗