Karat Packaging Stock (NASDAQ:KRT)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$29.22

52W Range

$20.61 - $30.93

50D Avg

$28.33

200D Avg

$25.27

Market Cap

$595.52M

Avg Vol (3M)

$96.24K

Beta

0.86

Div Yield

$1.80 (6.03%)

KRT Company Profile


Karat Packaging Inc. is a company dedicated to the manufacturing and distribution of various single-use consumables. These items, crafted from materials such as traditional plastics, paper, and environmentally friendly biopolymer-based or other compostable forms, are primarily intended for use across the restaurant and broader foodservice sectors. Its product range is extensive, encompassing items like containers for food and carry-out orders, packaging bags, general tableware, drinking cups, matching lids, disposable cutlery, straws, specialized beverage components, necessary equipment, and protective gloves, many of which are sold under its "Karat Earth" label. The company supplies its merchandise to a diverse clientele, including national and regional wholesale distributors, large restaurant groups, retail outlets, and direct online purchasers. Furthermore, Karat Packaging offers supplementary services such as innovation in new product lines, graphic design, custom printing, and comprehensive logistics solutions. The firm was established in 2000 and operates from its main office situated in Chino, California.

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Industry

Packaging & Containers

Sector

Consumer Cyclical

Exchange

NASDAQ

ADR

-

Country

US

Employees

683

IPO Date

Apr 15, 2021

Website

KRT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 25Dec 24Dec 23
Retail$21.90M$27.33M$26.41M
Logistics Services$4.66M$5.48M$4.38M
National Distribution$370.56M$90.24M$89.66M
Online$75.29M$70.13M$61.27M
Distributors-$234.93M$228.32M

Fiscal year ends in Dec 25 | Currency in USD

KRT Financial Summary


Dec 25Dec 24Dec 23
Revenue$467.74M$422.63M$405.65M
Operating Income$41.13M$37.76M$42.08M
Net Income$31.48M$29.98M$32.47M
EBITDA$62.25M$61.12M$60.78M
Basic EPS$1.57$1.50$1.63
Diluted EPS$1.56$1.49$1.63

Fiscal year ends in Dec 25 | Currency in USD

Latest Earnings Call Transcripts


Q1 26May 08, 26 | 12:00 AM
Q4 25Mar 12, 26 | 5:00 PM
Q3 25Nov 07, 25 | 5:00 PM

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