Saturday 17 October 2026 Export KRT’s income statement to Excel — free account

Karat Packaging Inc.

KRT Consumer Cyclical Packaging & Containers

Karat Packaging Inc.’s revenue for fiscal 2025 (year ended December 2025) was $467.7 million, up 10.7% from fiscal 2024. In the quarter to June 2026, revenue grew 9.93%, EPS grew 167.3%, free cash flow grew 217.8% and total debt fell 27.8%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

53.31 0.90 −1.66%

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Market cap: $1.1B
P/E: 21.2×
Fwd P/E: 16.5×
Dividend yield: 3.41%
F-score: 6/9
Altman Z: 4.86
Beneish M: −2.17
Dividend safety: 27/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.03

Total sells 0.60

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	1	2	—

Insider Ownership 57.39%

Capital & Financial Ratios $m

Market Cap 1,080.00

Revenue 493.38

Net Income 51.59

Free Cash Flow 52.20

Net Debt (19.54)

Current Ratio 2.25

Debt/Equity 0.20

P/E ratio 21.24

Fwd P/E 16.50

P/S ratio 2.16

P/B ratio 6.10

Past 5Y EPS Growth 7.65%

This Y EPS Growth 65.22%

Next Y EPS Growth (14.66%)

Next Y revenue growth 12.22%

Next 5Y EPS Growth 19.25%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 90.17%

10-year low 10-year high

P/S against its own 10 years 99.13%

10-year low 10-year high

P/B against its own 10 years 95.45%

10-year low 10-year high

EV/Sales against its own 10 years 99.13%

10-year low 10-year high

EV/FCF against its own 10 years 83.15%

10-year low 10-year high

Dividends

Payout Ratio 0.73

Annual Dividend Rate 1.82

Annual Dividend Yield 3.41%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.79	0.45 0.45 0.47
2025	1.80	0.45 0.45 0.45 0.45
2024	1.05	0.30 0.35 0.15 0.40
2023	0.70	0.35 0.40 0.50 0.20
2022	0.00	0.35
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	49	60	38	54
Receivables	28	27	36	49
Inventory	72	71	82	89
Other	—	—	—	—
	155	161	161	199

	2023	2024	2025	Q'26
Payables	18	18	26	34
ST’ Debt	1	1	13	12
Other	3	1	0	0
	44	46	70	89

Compound Annual Growth %

	10y	5y	3y
Sales	—	9.62%	3.41%
Cash Flow	—	18.38%	4.69%
Earnings	—	12.44%	10.00%
Book Value	—	31.52%	1.07%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	117	136	—	—	—
’25	104	124	125	116	468
’24	96	113	113	102	423
’23	96	109	106	96	406
’22	105	115	110	93	423
’21	76	95	103	91	364
’20	64	85	76	70	296

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	7	33	—	—	—
’25	8	10	1	15	34
’24	7	14	19	8	48
’23	14	17	12	10	53
’22	(11)	4	20	17	29
’21	5	(7)	1	10	9
’20	2	7	4	2	15

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	6	32	—	—	—
’25	7	10	(1)	15	31
’24	6	12	19	8	44
’23	11	14	10	10	46
’22	(16)	(1)	16	16	15
’21	3	(10)	(2)	5	(4)
’20	(2)	(21)	1	(1)	(22)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.34	1.46	—	—	—
’25	0.32	0.54	0.36	0.34	1.56
’24	0.31	0.45	0.45	0.28	1.49
’23	0.45	0.53	0.45	0.19	1.63
’22	0.34	0.32	0.31	0.23	1.19
’21	0.12	0.50	0.19	0.28	1.12
’20	0.04	0.64	0.30	0.10	1.08

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	15.56	12.50	12.54	22.51	20.61	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	25.91	20.99	26.69	33.14	33.89
People
People	Employees	—	—	—	—	—	711	805	778	721	696
	Revenue/emp, $m	—	0.00	0.00	0.00	0.00	0.51	0.53	0.52	0.59	0.67
Income, $m
Income, $m	Revenue	—	140	175	225	296	364	423	406	423	468
	Gross margin, %	—	29.49	24.77	27.13	30.16	29.60	31.23	37.73	38.88	36.80
	EBT	—	5	2	3	22	28	33	43	41	43
	EBT margin, %	—	3.32	0.88	1.31	7.42	7.56	7.69	10.60	9.63	9.20
	Net income	—	0	0	2	17	22	26	33	31	33
	Depreciation	—	3	4	6	9	10	14	16	18	21
Per share, $
Per share, $	Revenue	—	6.69	8.38	14.81	19.47	19.79	21.33	20.38	21.13	23.32
	Earnings	—	0.22	0.00	0.11	1.10	1.13	1.19	1.63	1.50	1.57
	Cash flow	—	0.05	0.13	(0.03)	0.96	0.47	1.49	2.68	2.40	1.69
	Capex	—	0.00	0.00	0.00	(2.40)	(0.67)	(0.74)	(0.39)	(0.20)	(0.15)
	Free cash flow	—	0.05	0.13	(0.03)	(1.44)	(0.20)	0.75	2.29	2.20	1.54
	Book value	—	0.55	0.67	1.04	2.63	7.17	7.66	8.17	8.11	7.82
	Shares, m	—	21	21	15	15	18	20	20	20	20
Valuation, ×
Valuation, ×	P/E	—	15.72	15.72	15.72	15.72	18.37	11.13	14.91	20.17	14.38
	P/S	—	0.92	0.92	0.92	0.92	1.02	0.63	1.20	1.43	0.97
	P/B	—	6.56	6.56	6.56	6.56	2.82	1.74	2.99	3.73	2.89
	EV/Sales	—	1.23	1.23	1.23	1.23	1.10	0.69	1.20	1.41	0.96
	EV/FCF	—	(22.05)	(22.05)	(22.05)	(22.05)	(108.61)	19.67	10.68	13.48	14.62
Cash, $m
Cash, $m	Operating cash flow	—	1	3	0	15	9	29	53	48	34
	Capex	—	(6)	(32)	(35)	(36)	(12)	(15)	(8)	(4)	(3)
	Free cash flow	—	1	3	0	(22)	(4)	15	46	44	31
Balance, $m
Balance, $m	Working capital	—	(3)	(13)	25	37	72	85	111	115	91
	Total debt	—	33	50	76	98	37	43	50	48	36
	Net debt	—	32	49	75	98	30	26	0	(11)	(2)
	Shareholders’ equity	—	11	14	16	40	132	152	163	162	157
Returns, %
Returns, %	ROA	—	5.62	0.04	1.48	11.02	10.69	10.29	12.29	10.50	10.81
	ROIC	—	0.00	0.00	0.00	12.58	8.93	10.51	16.15	15.66	16.72
	ROE	—	35.68	0.16	11.59	63.00	24.18	16.66	20.64	18.45	19.73

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
GEF.B Greif Inc.	$3.7B	14.6×	—	+3.53% (above 0%: growing)	+86.36% (above 0%: growing)	−82.57% (below 0%: shrinking)	23.39%	9.26%	Compare
AMBP Ardagh Metal Packaging S.A.	$2.8B	78.0×	60.0×	+17.73% (above 0%: growing)	n/m	+52.38% (above 0%: growing)	13.89%	6.71%	Compare
GPK Graphic Packaging Holding Company	$2.6B	13.0×	19.0×	−0.73% (below 0%: shrinking)	−77.14% (below 0%: shrinking)	+92.31% (above 0%: growing)	13.35%	4.34%	Compare
TRS TriMas Corporation	$1.4B	1.6×	— (loss-making)	+1.65% (above 0%: growing)	−9.76% (below 0%: shrinking)	−451.48% (below 0%: shrinking)	20.24%	6.22%	Compare
MYE Myers Industries, Inc.	$1.2B	32.3×	21.8×	+9.78% (above 0%: growing)	+103.85% (above 0%: growing)	+17.23% (above 0%: growing)	34.30%	17.39%	Compare
KRT Karat Packaging Inc.	$1.1B	21.2×	16.5×	+9.93% (above 0%: growing)	+167.27% (above 0%: growing)	+217.81% (above 0%: growing)	56.61%	27.59%
OI O-I Glass, Inc.	$909.7M	— (loss-making)	11.9×	−2.23% (below 0%: shrinking)	n/m	−98.21% (below 0%: shrinking)	12.83%	7.79%	Compare
ORBS Eightco Holdings Inc.	$329.9M	— (loss-making)	—	−72.71% (below 0%: shrinking)	n/m	−7,929.05% (below 0%: shrinking)	4.84%	(570.97%)	Compare
PACK Ranpak Holdings Corp	$298.4M	— (loss-making)	— (loss-making)	+13.98% (above 0%: growing)	n/m	+70.90% (above 0%: growing)	32.79%	(2.28%)	Compare
Median of peers	$1.3B	14.6×	20.4×	+2.59%	+38.30%	−32.67%	17.07%	6.47%

All 23 Packaging & Containers stocks →

Karat Packaging Inc. (KRT) key facts

Strength: Karat Packaging Inc.’s revenue for fiscal 2025 (year ended December 2025) was $467.7 million, up 10.7% from fiscal 2024.
Karat Packaging Inc. (KRT) is a Packaging & Containers company in the Consumer Cyclical sector, listed on Nasdaq.
As of October 16, 2026, KRT traded at $53.31, a market capitalization of $1.1 billion.
Karat Packaging Inc. pays an annual dividend of $1.82 per share, a yield of 3.41%, with a payout ratio of 72.8%.
Return on equity was 19.7% and debt-to-equity 0.20.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 4.86 (safe zone) for fiscal 2025.