Karat Packaging Inc. | Small-cap | Consumer Cyclical
$25.75
3.17%
| Karat Packaging Stock Comparison:
Karat Packaging vs Smurfit WestRock plcKarat Packaging vs International PaperKarat Packaging vs TrimasKarat Packaging vs Myers IndustriesKarat Packaging vs Ranpak HoldingsKarat Packaging vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 103.6M
Gross Profit 40.8M 39.34%
Operating Income 7.8M 7.53%
Net Income 6.8M 6.58%
EPS (Diluted) $0.32

Balance Sheet Metrics

Total Assets 312.2M
Total Liabilities 152.0M
Shareholders Equity 160.2M
Debt to Equity 0.95

Cash Flow Metrics

Operating Cash Flow 1.8M
Free Cash Flow 6.6M

Revenue & Profitability Trend

Karat Packaging Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i422.6M405.7M423.0M364.2M295.5M
Cost of Goods Sold i258.3M252.6M290.9M256.4M206.4M
Gross Profit i164.3M153.0M132.1M107.8M89.1M
Gross Margin % i38.9%37.7%31.2%29.6%30.2%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i119.6M108.4M102.1M84.7M61.4M
Other Operating Expenses i-----
Total Operating Expenses i119.6M108.4M102.1M84.7M61.4M
Operating Income i40.5M44.6M30.0M23.1M27.7M
Operating Margin % i9.6%11.0%7.1%6.4%9.4%
Non-Operating Items
Interest Income i2.3M1.8M2.2M1.5M-
Interest Expense i2.1M2.0M2.0M2.9M5.5M
Other Non-Operating Income6.0K-1.4M2.3M5.8M-278.0K
Pre-tax Income i40.7M43.0M32.5M27.5M21.9M
Income Tax i9.9M9.8M6.7M5.1M5.3M
Effective Tax Rate % i24.3%22.8%20.5%18.5%24.0%
Net Income i30.8M33.2M25.8M22.4M16.7M
Net Margin % i7.3%8.2%6.1%6.2%5.6%
Key Metrics
EBITDA i63.3M63.2M47.2M35.9M36.7M
EPS (Basic) i$1.50$1.63$1.19$1.13$0.87
EPS (Diluted) i$1.49$1.63$1.19$1.12$0.87
Basic Shares Outstanding i2000221119904698198249111840924319117000
Diluted Shares Outstanding i2000221119904698198249111840924319117000

Income Statement Trend

Karat Packaging Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i31.6M23.1M16.0M6.5M448.0K
Short-term Investments i28.3M26.3M0--
Accounts Receivable i26.7M27.8M29.9M32.8M23.8M
Inventory i70.7M71.5M71.2M58.5M49.0M
Other Current Assets3.6M6.2M6.6M5.1M6.5M
Total Current Assets i161.0M154.9M123.8M102.9M79.8M
Non-Current Assets
Property, Plant & Equipment i40.6M20.7M15.7M01.6M
Goodwill i7.3M7.3M7.4M7.4M6.2M
Intangible Assets i300.0K327.0K353.0K380.0K-
Long-term Investments-----
Other Non-Current Assets1.1M619.0K818.0K477.0K225.0K
Total Non-Current Assets i133.5M121.5M128.4M104.7M101.3M
Total Assets i294.5M276.4M252.2M207.6M181.1M
Liabilities
Current Liabilities
Accounts Payable i17.8M18.4M18.6M18.5M20.1M
Short-term Debt i10.2M5.9M5.5M1.2M11.7M
Current Portion of Long-term Debt-----
Other Current Liabilities968.0K3.2M---
Total Current Liabilities i46.4M44.4M39.3M30.8M43.1M
Non-Current Liabilities
Long-term Debt i82.7M65.1M53.2M35.3M86.9M
Deferred Tax Liabilities i426.0K4.2M5.2M5.6M6.2M
Other Non-Current Liabilities2.7M26.0K2.7M3.8M5.0M
Total Non-Current Liabilities i85.9M69.3M61.0M44.8M98.1M
Total Liabilities i132.3M113.7M100.2M75.6M141.2M
Equity
Common Stock i20.0K20.0K20.0K20.0K15.0K
Retained Earnings i66.3M67.7M56.1M39.4M18.7M
Treasury Stock i248.0K248.0K248.0K248.0K248.0K
Other Equity-----
Total Shareholders Equity i162.2M162.7M151.9M132.0M39.9M
Key Metrics
Total Debt i92.9M71.0M58.6M36.5M98.6M
Working Capital i114.6M110.5M84.5M72.1M36.6M

Balance Sheet Composition

Karat Packaging Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i30.8M33.2M25.8M22.4M16.7M
Depreciation & Amortization i18.3M15.8M14.2M10.0M8.6M
Stock-Based Compensation i2.1M770.0K2.0M2.0M0
Working Capital Changes i-7.7M-3.2M-17.9M-20.7M-16.4M
Operating Cash Flow i39.4M45.4M23.8M13.3M12.8M
Investing Activities
Capital Expenditures i-3.9M-8.5M-14.7M-12.4M-36.5M
Acquisitions i04.0M-4.0M-900.0K-893.0K
Investment Purchases i-50.8M-49.2M0--
Investment Sales i48.9M23.0M825.0K0-
Investing Cash Flow i-5.9M-30.2M-17.8M-13.3M-37.4M
Financing Activities
Share Repurchases i---0-248.0K
Dividends Paid i-31.0M-23.2M-7.0M0-606.0K
Debt Issuance i08.0M27.5M17.5M31.0M
Debt Repayment i-1.1M-1.0M-42.7M-74.5M-7.7M
Financing Cash Flow i-34.3M-16.3M-23.2M-22.6M28.9M
Free Cash Flow i43.9M44.0M14.7M-3.7M-21.9M
Net Change in Cash i-829.0K-1.0M-17.3M-22.6M4.3M

Cash Flow Trend

Karat Packaging Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 16.07
Forward P/E 12.65
Price to Book 3.29
Price to Sales 1.16
PEG Ratio 0.82

Profitability Ratios

Profit Margin 7.25%
Operating Margin 13.12%
Return on Equity 20.21%
Return on Assets 8.48%

Financial Health

Current Ratio 2.68
Debt to Equity 60.31
Beta 1.08

Per Share Data

EPS (TTM) $1.59
Book Value per Share $7.76
Revenue per Share $22.06

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
krt513.4M16.073.2920.21%7.25%60.31
Smurfit WestRock plc 25.5B59.571.424.23%1.98%79.49
International Paper 24.7B41.771.33-0.20%-0.12%57.16
Trimas 1.5B40.412.095.36%3.83%69.14
Myers Industries 603.0M62.002.123.43%1.20%144.74
Ranpak Holdings 365.3M-17.080.68-6.75%-9.80%80.02

Financial data is updated regularly. All figures are in the company's reporting currency.