KRT
$53.95+1.51%
Karat Packaging Inc.Stock · Consumer DiscretionaryRussell 2000 · 0.009% of IWMUS Stock Market · 0.0004% of VTI
KRT financial statements
The full income statement, balance sheet, and cash-flow statement for Karat Packaging Inc. (KRT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 20.0M2024-09 20.0M2024-12 20.0M2025-03 20.1M2025-06 20.1M2025-09 20.1M2025-12 20.0M2026-03 20.0M2026-06 19.9M-0.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 468M+10.7% | 423M+4.2% | 406M-4.1% | 423M+16.1% | 364M+23.3% | ||
| Lease income | — | — | — | 949K+1.9% | 931K | |
| 172M+4.8% | 164M+7.4% | 153M+15.9% | 132M+22.5% | 108M+21.0% | ||
| Cost of revenue | 296M+14.4% | 258M+2.3% | 253M-13.2% | 291M+13.4% | 256M+24.2% | |
| 131M+3.3% | 127M+14.1% | 111M+8.7% | 102M+20.5% | 84.7M+37.9% | ||
| Selling, general & administrative | 77.4M+8.2% | 71.5M+6.8% | 67.0M+1.0% | 66.3M+26.4% | 52.4M+33.6% | |
| General & administrative | 77.4M+8.2% | 71.5M+6.8% | 67.0M+1.0% | 66.3M+26.4% | 52.4M+33.6% | |
| Provision for credit losses | 168K-64.1% | 468K+165.8% | -711K-170.4% | 1.01M | 0.00-100.0% | |
| Operating income | 41.4M+9.7% | 37.8M-10.3% | 42.1M+40.2% | 30.0M+29.7% | 23.1M-16.4% | |
| Interest expense | 2.06M-3.2% | 2.12M+3.9% | 2.04M+1.3% | 2.02M-30.6% | 2.91M | |
| Interest & investment income | 2.21M-3.9% | 2.30M+27.5% | 1.80M-19.0% | 2.23M+47.2% | 1.51M | |
| Other non-operating income | 1.61M+892.6% | 162K+460.0% | -45.0K+80.3% | -228K-188.0% | 259K+104.5% | |
| Pre-tax income | 43.0M+5.7% | 40.7M-5.3% | 43.0M+32.2% | 32.5M+18.1% | 27.5M+25.5% | |
| Income tax | 10.4M+4.9% | 9.87M+0.7% | 9.80M+46.9% | 6.68M+31.2% | 5.09M-3.2% | |
| 31.5M+5.0% | 30.0M-7.7% | 32.5M+37.3% | 23.6M+13.8% | 20.8M+18.6% | ||
| Net income to non-controlling interest | 1.19M+39.7% | 849K+19.6% | 710K-67.6% | 2.19M+31.8% | 1.66M+295.6% | |
| $1.56+4.7% | $1.49-8.6% | $1.63+37.0% | $1.19+6.2% | $1.12-0.9% | ||
| EPS (basic) | $1.57+4.7% | $1.50-8.0% | $1.63+37.0% | $1.19+5.3% | $1.13-1.7% | |
| Weighted-avg shares (basic) | 20.1M+0.3% | 20.0M+0.5% | 19.9M+0.4% | 19.8M+7.7% | 18.4M+21.3% | |
| Weighted-avg shares (diluted) | 20.2M+0.3% | 20.1M+0.7% | 20.0M+0.3% | 19.9M+7.3% | 18.6M+20.2% | |
| Dividends per share | $1.80+16.1% | $1.55+47.6% | $1.05+200.0% | $0.35 | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 161M+0.1% | 161M+3.9% | 155M+25.1% | 124M+20.3% | 103M+28.9% | ||
| Cash & equivalents | 37.9M+19.9% | 31.6M+36.9% | 23.1M+43.9% | 16.0M+147.4% | 6.48M+1347.1% | |
| Short-term investments | 0.00-100.0% | 28.3M+7.6% | 26.3M | 0.00 | — | |
| Accounts receivable | 36.4M+36.2% | 26.7M-3.7% | 27.8M-7.2% | 29.9M-8.7% | 32.8M+37.5% | |
| Inventory | 81.7M+15.5% | 70.7M-1.1% | 71.5M+0.5% | 71.2M+21.8% | 58.5M+19.4% | |
| Prepaid expenses | 5.22M+44.6% | 3.61M-41.9% | 6.22M-6.4% | 6.64M+29.2% | 5.14M-21.3% | |
| 288M-2.3% | 295M+6.6% | 276M+9.6% | 252M+21.5% | 208M+14.6% | ||
| Property, plant & equipment | 81.2M-7.8% | 88.0M-7.6% | 95.2M-0.4% | 95.6M+2.2% | 93.5M-2.2% | |
| Operating lease right-of-use | 40.3M-0.8% | 40.6M+95.9% | 20.7M+32.0% | 15.7M | 0.00 | |
| Goodwill | 3.51M+0.0% | 3.51M+0.0% | 3.51M+0.0% | 3.51M+0.0% | 3.51M+12.8% | |
| Intangible assets | 273K-9.0% | 300K-8.3% | 327K-7.4% | 353K-7.1% | 380K | |
| Deferred tax assets | 255K | 0.00 | — | — | 0.00-100.0% | |
| Other non-current assets | 1.00M-6.3% | 1.07M+72.7% | 619K-24.3% | 818K+71.5% | 477K+196.3% | |
| 70.2M+51.2% | 46.4M+4.6% | 44.4M+13.1% | 39.3M+27.6% | 30.8M-28.7% | ||
| Accounts payable | — | — | — | 18.6M+0.5% | 18.5M-8.0% | |
| Accrued liabilities | 13.5M-0.7% | 13.6M+28.2% | 10.6M+17.4% | 9.01M+15.3% | 7.81M+57.6% | |
| Deferred revenue | 713K-3.9% | 742K-22.0% | 951K-25.8% | 1.28M+5.4% | 1.22M+120.5% | |
| Short-term & current debt | 12.9M+997.6% | 1.18M+5.1% | 1.12M+17.2% | 957K-18.8% | 1.18M-89.6% | |
| Current lease liability | 12.0M+33.5% | 8.98M+87.0% | 4.80M+6.4% | 4.51M | 0.00 | |
| Other current liabilities | 129K-86.7% | 968K-69.8% | 3.20M | 0.00 | — | |
| Finance lease liability (current) | — | — | — | — | 0.00-100.0% | |
| 131M-1.1% | 132M+16.4% | 114M+13.4% | 100M+32.6% | 75.6M-46.5% | ||
| Long-term debt | — | — | 203K-6.0% | 216K+8.0% | 200K+100.0% | |
| Non-current lease liability | 32.1M-9.5% | 35.4M+112.4% | 16.7M+43.6% | 11.6M | 0.00 | |
| Operating lease liability (total) | 44.1M-0.8% | 44.4M+106.7% | 21.5M+33.2% | 16.1M | — | |
| Finance lease liability | — | — | — | — | 0.00-100.0% | |
| Deferred tax liabilities | 2.94M+589.2% | 426K-89.8% | 4.20M-18.6% | 5.16M-8.5% | 5.63M-8.8% | |
| Other non-current liabilities | 2.72M-0.4% | 2.74M+10423.1% | 26.0K-99.0% | 2.65M-30.9% | 3.84M-24.0% | |
| 149M-4.0% | 156M+0.9% | 154M+8.8% | 142M+15.3% | 123M+279.3% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 20.0K+0.0% | 20.0K+0.0% | 20.0K+0.0% | 20.0K+0.0% | 20.0K+33.3% | |
| Additional paid-in capital | 90.9M+1.7% | 89.5M+3.2% | 86.7M+1.0% | 85.8M+2.5% | 83.7M+498.6% | |
| Retained earnings | 61.7M-7.0% | 66.3M-2.0% | 67.7M+20.6% | 56.1M+42.3% | 39.4M+111.4% | |
| Treasury stock | 3.25M+1208.9% | 248K+0.0% | 248K+0.0% | 248K+0.0% | 248K+0.0% | |
| Non-controlling interest | 7.45M+12.4% | 6.63M-22.7% | 8.57M-16.4% | 10.3M+12.3% | 9.13M+22.3% | |
| Total equity incl. non-controlling | 157M-3.3% | 162M-0.3% | 163M+7.1% | 152M+15.1% | 132M+231.2% | |
| Total liabilities & equity | 288M-2.3% | 295M+6.6% | 276M+9.6% | 252M+21.5% | 208M+14.6% | |
| Common shares issued | 20.1M+0.3% | 20.1M+0.4% | 20.0M+0.4% | 19.9M+0.4% | 19.8M+30.5% | |
| Common shares outstanding | 20.0M-0.4% | 20.0M+0.4% | 20.0M+0.4% | 19.9M+0.4% | 19.8M+30.6% | |
| Shares outstanding (cover) | 20.0M-0.4% | 20.0M+0.3% | 20.0M+0.4% | 19.9M+0.4% | 19.8M | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 33.8M-29.5% | 48.0M-10.1% | 53.4M+81.1% | 29.5M+239.6% | 8.68M-40.3% | ||
| Depreciation & amortization | 10.9M+2.0% | 10.7M-1.0% | 10.8M+3.6% | 10.4M+3.6% | 10.0M+17.2% | |
| Share-based compensation | 1.18M-42.8% | 2.06M+168.2% | 770K-62.4% | 2.05M+1.0% | 2.03M | |
| Deferred income taxes | 2.25M+159.8% | -3.77M-293.2% | -959K-100.6% | -478K+1.0% | -483K-112.3% | |
| Change in receivables | 9.83M+1859.2% | -559K+80.5% | -2.86M-54.3% | -1.85M-120.7% | 8.94M+212.1% | |
| Change in inventory | 11.9M+1168.3% | 942K-75.3% | 3.82M-76.4% | 16.2M+49.4% | 10.8M-21.6% | |
| Change in payables | 7.79M+3096.5% | -260K-137.4% | 696K+682.0% | 89.0K+105.6% | -1.60M-259.7% | |
| 25.4M+533.8% | -5.86M+80.6% | -30.2M-69.1% | -17.8M-34.4% | -13.3M+64.4% | ||
| Capital expenditure | 756K-19.1% | 934K-67.1% | 2.83M+6.7% | 2.66M-36.4% | 4.17M-85.9% | |
| Free cash flow | 33.1M-29.7% | 47.0M-6.9% | 50.5M+88.5% | 26.8M+495.4% | 4.50M+130.0% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 900K | |
| Proceeds from sale of PP&E | 1.51M+1026.1% | 134K-84.1% | 841K+992.2% | 77.0K | 0.00-100.0% | |
| -52.9M-57.4% | -33.6M-107.9% | -16.2M-680.8% | -2.07M-119.5% | 10.6M-52.6% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 16.0M-34.8% | |
| Long-term debt repaid | 12.7M+1033.4% | 1.12M+11.1% | 1.01M-95.3% | 21.6M-45.1% | 39.3M+433.3% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 3.00M | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Dividends paid | 36.1M+16.4% | 31.0M+48.3% | 20.9M+200.2% | 6.96M | 0.00-100.0% | |
| Net change in cash | 6.30M-26.0% | 8.51M+20.9% | 7.04M-26.4% | 9.56M+58.4% | 6.04M+1804.8% | |
| Interest paid | 1.91M-6.0% | 2.03M+1.8% | 2.00M+0.9% | 1.98M-31.7% | 2.90M-25.5% | |
| Income taxes paid | — | — | 11.8M+41.7% | 8.30M+71.7% | 4.84M+93.8% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 451M-25.7% | 606M+22.2% | 496M+73.4% | 286M-28.5% | 400M | |
| P/E | 14.3×-29.2% | 20.2×+35.0% | 15.0×+29.5% | 11.6×-40.0% | 19.3× | |
| P/S | 1.0×-32.9% | 1.4×+16.5% | 1.2×+81.6% | 0.7×-38.3% | 1.1× | |
| P/B | 3.0×-22.6% | 3.9×+21.1% | 3.2×+61.8% | 2.0×-38.9% | 3.3× | |
| P/FCF | 13.6×+5.8% | 12.9×+46.9% | 8.8×-38.1% | 14.2×-84.1% | 88.9× | |
| Earnings yield | 7.0%+41.3% | 4.9%-25.9% | 6.7%-22.8% | 8.6%+66.6% | 5.2% | |
| FCF yield | 7.3%-5.4% | 7.8%-31.9% | 11.4%+61.5% | 7.1%+527.3% | 1.1% | |
| Dividend yield | 8.0%+55.7% | 5.1%+21.2% | 4.2%+73.5% | 2.4% | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K/A |
About this data
Source: KRT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all KRT filings on SEC EDGAR → Not investment advice.