Karooooo Ltd. (KARO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Karooooo Ltd. (KARO) stock price & volume — 10-year historical chart
Karooooo Ltd. (KARO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Karooooo Ltd. (KARO) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Jan 20, 2026 | $0.49vs $8.10-94.0% | $82Mvs $1.4B-94.0% |
| Q4 2025 | Oct 14, 2025 | $0.47vs $0.44+6.4% | $76Mvs $73M+3.7% |
| Q3 2025 | Jul 22, 2025 | $0.47vs $0.45+4.4% | $71Mvs $73M-2.8% |
| Q2 2025 | May 14, 2025 | $0.44vs $0.37+18.9% | $65Mvs $65M-0.0% |
Karooooo Ltd. (KARO) competitors in Vertical industry SaaS applications — business model, growth, and fundamentals comparison
Karooooo Ltd. (KARO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Karooooo Ltd. (KARO) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Feb'19 | Feb'20 | Feb'21 | Feb'22 | Feb'23 | Feb'24 | Feb'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.76B | 2.05B | 2.06B | 2.75B | 3.51B | 4.21B | 4.57B | 5.24B |
| Revenue Growth % | - | 16.71% | 0.41% | 33.39% | 27.71% | 19.92% | 8.61% | 17.89% |
| Cost of Goods Sold | 503.02M | 606.84M | 602.64M | 922.56M | 1.23B | 1.51B | 1.36B | 1.61B |
| COGS % of Revenue | 28.63% | 29.6% | 29.27% | 33.59% | 35.21% | 36.02% | 29.87% | - |
| Gross Profit | 1.25B▲ 0% | 1.44B▲ 15.1% | 1.46B▲ 0.9% | 1.82B▲ 25.2% | 2.27B▲ 24.6% | 2.69B▲ 18.4% | 3.2B▲ 19.0% | 3.64B▲ 0% |
| Gross Margin % | 71.37% | 70.4% | 70.73% | 66.41% | 64.79% | 63.98% | 70.13% | 69.33% |
| Gross Profit Growth % | - | 15.13% | 0.87% | 25.24% | 24.61% | 18.41% | 19.04% | - |
| Operating Expenses | 741.37M | 779.25M | 804.96M | 1.12B | 1.39B | 1.65B | 1.89B | 2.18B |
| OpEx % of Revenue | 42.2% | 38.01% | 39.1% | 40.95% | 39.65% | 39.19% | 41.4% | - |
| Selling, General & Admin | 691.26M | 731.82M | 714.96M | 888.59M | 1.14B | 1.34B | 1.56B | 1.89B |
| SG&A % of Revenue | 39.35% | 35.69% | 34.73% | 32.36% | 32.38% | 31.83% | 34.15% | - |
| Research & Development | 50.11M | 47.43M | 90M | 152.59M | 177.02M | 212.24M | 231.41M | 243.95M |
| R&D % of Revenue | 2.85% | 2.31% | 4.37% | 5.56% | 5.05% | 5.05% | 5.07% | - |
| Other Operating Expenses | 0 | 0 | 0 | 86.64M | 77.71M | 97.59M | 99.71M | 2M |
| Operating Income | 512.3M▲ 0% | 664.16M▲ 29.6% | 651.06M▼ 2.0% | 699.13M▲ 7.4% | 881.91M▲ 26.1% | 1.04B▲ 18.2% | 1.31B▲ 25.9% | 1.45B▲ 0% |
| Operating Margin % | 29.16% | 32.39% | 31.63% | 25.46% | 25.15% | 24.79% | 28.73% | 27.73% |
| Operating Income Growth % | - | 29.64% | -1.97% | 7.38% | 26.15% | 18.21% | 25.88% | - |
| EBITDA | 783.7M | 1.01B | 1.05B | 1.26B | 1.49B | 1.79B | 2.09B | 2.23B |
| EBITDA Margin % | 44.61% | 49.23% | 51.09% | 45.92% | 42.53% | 42.5% | 45.76% | 42.58% |
| EBITDA Growth % | - | 28.8% | 4.19% | 19.91% | 18.28% | 19.83% | 16.94% | 16.79% |
| D&A (Non-Cash Add-back) | 271.4M | 345.27M | 400.62M | 561.92M | 609.64M | 744.88M | 777.82M | 778.33M |
| EBIT | 521.67M | 668.87M | 633.94M | 693.44M | 903.39M | 1.08B | 1.3B | 1.44B |
| Net Interest Income | -28.69M | -14.24M | -4.94M | -6.25M | 13.16M | 24.03M | -6.83M | -18.17M |
| Interest Income | 2.75M | 2.59M | 4.36M | 6.08M | 23.25M | 40.15M | 45.04M | 32.19M |
| Interest Expense | 31.44M | 16.83M | 9.3M | 12.33M | 10.1M | 16.12M | 51.87M | 50.36M |
| Other Income/Expense | -23.26M | -13.06M | -25.48M | -17.04M | 12.19M | 23.21M | -65.41M | -81.26M |
| Pretax Income | 489.04M▲ 0% | 651.1M▲ 33.1% | 625.58M▼ 3.9% | 682.08M▲ 9.0% | 894.1M▲ 31.1% | 1.07B▲ 19.2% | 1.25B▲ 17.0% | 1.37B▲ 0% |
| Pretax Margin % | 27.84% | 31.76% | 30.39% | 24.84% | 25.49% | 25.34% | 27.3% | 26.18% |
| Income Tax | 114.35M | 182.82M | 178.52M | 205.48M | 285.3M | 296.33M | 309.81M | 332.83M |
| Effective Tax Rate % | 23.38% | 28.08% | 28.54% | 30.12% | 31.91% | 27.81% | 24.85% | 24.24% |
| Net Income | 193.13M▲ 0% | 306.06M▲ 58.5% | 285.97M▼ 6.6% | 449.95M▲ 57.3% | 597.15M▲ 32.7% | 751.9M▲ 25.9% | 921.03M▲ 22.5% | 1.02B▲ 0% |
| Net Margin % | 10.99% | 14.93% | 13.89% | 16.38% | 17.03% | 17.88% | 20.17% | 19.48% |
| Net Income Growth % | - | 58.47% | -6.56% | 57.34% | 32.71% | 25.91% | 22.49% | 15.58% |
| Net Income (Continuing) | 374.7M | 468.28M | 447.06M | 476.61M | 608.81M | 768.17M | 937.11M | 1.04B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 219.2M | 339.77M | 418.58M | 22.51M | 30.64M | 40.62M | 43.25M | 50.43M |
| EPS (Diluted) | 9.50▲ 0% | 14.21▲ 49.6% | 13.28▼ 6.5% | 14.86▲ 11.9% | 19.29▲ 29.8% | 24.30▲ 26.0% | 29.81▲ 22.7% | 33.06▲ 0% |
| EPS Growth % | - | 49.58% | -6.54% | 11.9% | 29.81% | 25.97% | 22.67% | 16.02% |
| EPS (Basic) | 9.50 | 14.21 | 13.28 | 14.86 | 19.29 | 24.30 | 29.81 | - |
| Diluted Shares Outstanding | 20.33M | 21.54M | 21.54M | 30.95M | 30.95M | 30.95M | 30.89M | 30.89M |
| Basic Shares Outstanding | 20.33M | 21.54M | 21.54M | 30.95M | 30.95M | 30.95M | 30.89M | 30.89M |
| Dividend Payout Ratio | 79.81% | 18.11% | 85.56% | - | 60.38% | 67.67% | 67.8% | - |
Karooooo Ltd. (KARO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Feb'19 | Feb'20 | Feb'21 | Feb'22 | Feb'23 | Feb'24 | Feb'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 480.75M | 555.79M | 1.3B | 1.1B | 1.45B | 1.45B | 1.66B | 1.27B |
| Cash & Short-Term Investments | 51.91M | 143.57M | 967.58M | 719.21M | 957.38M | 456.03M | 1.05B | 574.68M |
| Cash Only | 51.91M | 143.57M | 102.84M | 719.21M | 957.38M | 456.03M | 1.05B | 574.68M |
| Short-Term Investments | 0 | 0 | 864.75M | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 201.42M | 242.99M | 284.71M | 317.92M | 349.13M | 411.39M | 476.15M | 689.03M |
| Days Sales Outstanding | 41.85 | 43.26 | 50.48 | 42.26 | 36.34 | 35.7 | 38.05 | 42.24 |
| Inventory | 206.01M | 148.49M | 0 | 24.93M | 78.47M | 6.53M | 3.84M | 5.31M |
| Days Inventory Outstanding | 149.48 | 89.31 | - | 9.87 | 23.2 | 1.57 | 1.03 | 1.05 |
| Other Current Assets | 0 | 0 | 0 | 15.04M | 65.05M | 575.17M | 136.11M | 0 |
| Total Non-Current Assets | 1.05B | 1.25B | 1.56B | 1.94B | 2.27B | 2.83B | 3.43B | 3.94B |
| Property, Plant & Equipment | 701.08M | 836.91M | 1.11B | 1.37B | 1.58B | 2.02B | 2.52B | 3.01B |
| Fixed Asset Turnover | 2.51x | 2.45x | 1.85x | 2.01x | 2.22x | 2.08x | 1.81x | 1.88x |
| Goodwill | 122.09M | 128.79M | 121.67M | 183.19M | 210.63M | 225.65M | 175.58M | 172.94M |
| Intangible Assets | 18.46M | 39.9M | 58.15M | 75.71M | 84.9M | 82.49M | 83.35M | 83.45M |
| Long-Term Investments | 0 | 0 | 19.01M | 20.4M | 25.96M | 27.99M | 28.8M | 114.63M |
| Other Non-Current Assets | 108.54M | 141.57M | 197.05M | 237.13M | 309.05M | 390.36M | 507.48M | 2.03B |
| Total Assets | 1.53B▲ 0% | 1.81B▲ 18.2% | 2.86B▲ 58.1% | 3.04B▲ 6.3% | 3.72B▲ 22.5% | 4.27B▲ 14.9% | 5.1B▲ 19.3% | 5.21B▲ 0% |
| Asset Turnover | 1.15x | 1.13x | 0.72x | 0.90x | 0.94x | 0.98x | 0.90x | 1.02x |
| Asset Growth % | - | 18.2% | 58.07% | 6.3% | 22.47% | 14.93% | 19.26% | 57.81% |
| Total Current Liabilities | 370.22M | 398.57M | 1.41B | 613.43M | 782.57M | 933.29M | 1.46B | 1.51B |
| Accounts Payable | 59.05M | 55.93M | 89.58M | 97.65M | 269.89M | 365.99M | 373.64M | 624.22M |
| Days Payables Outstanding | 42.84 | 33.64 | 54.26 | 38.63 | 79.79 | 88.19 | 99.96 | 125.21 |
| Short-Term Debt | 68.17M | 48.97M | 935.58M | 77.82M | 73.88M | 92.24M | 568.07M | 427.8M |
| Deferred Revenue (Current) | 80.37M | 149.81M | 157.88M | 214.41M | 281.21M | 323.37M | 359.06M | 1.47B |
| Other Current Liabilities | 120.51M | 121.35M | 197.39M | 183.34M | 102.07M | 78.87M | 99M | 0 |
| Current Ratio | 1.30x | 1.39x | 0.93x | 1.79x | 1.85x | 1.55x | 1.14x | 1.14x |
| Quick Ratio | 0.74x | 1.02x | 0.93x | 1.75x | 1.75x | 1.55x | 1.14x | 1.14x |
| Cash Conversion Cycle | 148.48 | 98.93 | - | 13.49 | -20.25 | -50.92 | -60.88 | -81.91 |
| Total Non-Current Liabilities | 321.19M | 208.78M | 194.46M | 286.31M | 267.91M | 361.3M | 383.1M | 470.06M |
| Long-Term Debt | 218.74M | 17.45M | 10.26M | 69.97M | 37.97M | 41.33M | 31.75M | 207.6M |
| Capital Lease Obligations | 69.25M | 61.32M | 59.08M | 63.67M | 67.29M | 130.29M | 127.7M | 632.69M |
| Deferred Tax Liabilities | 33.19M | 83.63M | 41.18M | 46.26M | 51.44M | 69.31M | 96.23M | 445.38M |
| Other Non-Current Liabilities | 0 | -8.29M | 0 | 0 | 0 | 0 | 0 | -352.12M |
| Total Liabilities | 691.41M | 607.35M | 1.6B | 899.74M | 1.05B | 1.29B | 1.84B | 1.98B |
| Total Debt | 356.17M | 127.74M | 1B | 211.46M | 179.14M | 263.86M | 727.53M | 800.18M |
| Net Debt | 304.26M | -15.83M | 902.08M | -507.75M | -778.24M | -192.17M | -319.07M | 225.5M |
| Debt / Equity | 0.43x | 0.11x | 0.80x | 0.10x | 0.07x | 0.09x | 0.22x | 0.22x |
| Debt / EBITDA | 0.45x | 0.13x | 0.96x | 0.17x | 0.12x | 0.15x | 0.35x | 0.36x |
| Net Debt / EBITDA | 0.39x | -0.02x | 0.86x | -0.40x | -0.52x | -0.11x | -0.15x | -0.15x |
| Interest Coverage | 16.30x | 39.46x | 69.99x | 56.70x | 87.36x | 64.69x | 25.30x | 28.64x |
| Total Equity | 837.54M▲ 0% | 1.2B▲ 43.3% | 1.26B▲ 4.7% | 2.14B▲ 70.0% | 2.67B▲ 24.9% | 2.98B▲ 11.7% | 3.26B▲ 9.3% | 3.23B▲ 0% |
| Equity Growth % | - | 43.26% | 4.74% | 70.03% | 24.87% | 11.66% | 9.31% | 40.84% |
| Book Value per Share | 41.19 | 55.70 | 58.34 | 69.04 | 86.21 | 96.28 | 105.43 | 104.63 |
| Total Shareholders' Equity | 618.34M | 860.13M | 838.18M | 2.11B | 2.64B | 2.94B | 3.21B | 3.18B |
| Common Stock | 10K | 9.79K | 2.68B | 7.02B | 7.08B | 7.09B | 7.17B | 7.14B |
| Retained Earnings | 598.54M | 818.76M | 798.89M | 1.25B | 1.55B | 1.79B | 2.12B | 2.19B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | -23.63M | 0 | 0 |
| Accumulated OCI | 19.8M | 41.36M | -2.65B | -6.16B | -5.99B | -5.92B | -6.07B | -6.14B |
| Minority Interest | 219.2M | 339.77M | 418.58M | 22.51M | 30.64M | 40.62M | 43.25M | 50.43M |
Karooooo Ltd. (KARO) cash flow — operating, investing & free cash flow history
| Line item | Feb'19 | Feb'20 | Feb'21 | Feb'22 | Feb'23 | Feb'24 | Feb'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 490.11M | 951.52M | 842.91M | 952.64M | 1.23B | 972.78M | 1.97B | 1.97B |
| Operating CF Margin % | 27.9% | 46.41% | 40.94% | 34.69% | 34.97% | 23.13% | 43.16% | - |
| Operating CF Growth % | - | 94.14% | -11.41% | 13.02% | 28.74% | -20.68% | 102.66% | 238.51% |
| Net Income | 193.13M | 306.06M | 285.97M | 460.06M | 650.01M | 751.9M | 939.18M | 1.02B |
| Depreciation & Amortization | 271.4M | 345.27M | 400.62M | 574.55M | 663.6M | 744.88M | 777.82M | 776.7M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 149.5M | 196.46M | 170.89M | 44.41M | 38.14M | 25.35M | 34.38M | -13.83M |
| Working Capital Changes | -123.91M | 103.72M | -14.58M | -126.38M | -125.36M | -549.36M | 220.02M | -107.53M |
| Change in Receivables | -64.67M | -38.83M | -70.67M | -53.22M | -68.4M | -561.47M | 392.26M | 0 |
| Change in Inventory | -35.31M | 58.47M | 0 | -25.94M | -58.55M | 74.09M | 2.81M | 0 |
| Change in Payables | 43.72M | 16.55M | 103.52M | -11.94M | 73.95M | 56.53M | 7.84M | 0 |
| Cash from Investing | -445.44M | -451.29M | -475.67M | -740.88M | -677.29M | -949.5M | -1.1B | -1.17B |
| Capital Expenditures | -452.17M | -446.57M | -470.65M | -609.85M | -681.75M | -944.8M | -1.1B | 0 |
| CapEx % of Revenue | 25.74% | 21.78% | 22.86% | 22.21% | 19.44% | 22.47% | 24.14% | - |
| Acquisitions | 4.59M | 6.9M | 2.52M | -131.03M | 11.43M | -2.26M | 4.56M | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 2.14M | -11.61M | -7.54M | 0 | 0 | 0 | 0 | -1.17B |
| Cash from Financing | 86.56M | -388.78M | -426.42M | -442.92M | -457.21M | -603.97M | -452M | -816.69M |
| Debt Issued (Net) | 248.34M | -229.97M | 761.8M | -855.51M | -35M | -11.95M | 270.73M | 0 |
| Equity Issued (Net) | 0 | 10.56K | 0 | 1000K | 0 | -1000K | -1000K | 0 |
| Dividends Paid | -154.13M | -55.43M | -244.68M | 0 | -360.57M | -508.8M | -624.49M | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -24.26M | -3.53M | 0 |
| Other Financing | -7.65M | -103.39M | -943.55M | -48.26M | -61.63M | -58.97M | -79.16M | -816.69M |
| Net Change in Cash | 51.91M▲ 0% | 86.68M▲ 67.0% | -35.48M▼ 140.9% | 613.99M▲ 1830.7% | 95.7M▼ 84.4% | -545.62M▼ 670.2% | 600.13M▲ 210.0% | -306.06M▲ 0% |
| Free Cash Flow | 52.09M▲ 0% | 541.1M▲ 938.7% | 413.27M▼ 23.6% | 387.59M▼ 6.2% | 595.43M▲ 53.6% | 80.15M▼ 86.5% | 928.88M▲ 1059.0% | 0▲ 0% |
| FCF Margin % | 2.97% | 26.39% | 20.07% | 14.11% | 16.98% | 1.91% | 20.34% | - |
| FCF Growth % | - | 938.69% | -23.62% | -6.21% | 53.62% | -86.54% | 1058.96% | -100% |
| FCF per Share | 2.56 | 25.12 | 19.19 | 12.52 | 19.24 | 2.59 | 30.07 | 30.07 |
| FCF Conversion (FCF/Net Income) | 2.54x | 3.11x | 2.95x | 2.12x | 2.05x | 1.29x | 2.14x | 0.00x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.64M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 155.31M |
Karooooo Ltd. (KARO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 30.04% | 23.28% | 26.52% | 24.85% | 26.63% | 29.54% | 31.6% |
| Return on Invested Capital (ROIC) | 42.83% | 29.21% | 27.68% | 37.59% | 33.43% | 34.38% | 34.38% |
| Gross Margin | 70.4% | 70.73% | 66.41% | 64.79% | 63.98% | 70.13% | 69.33% |
| Net Margin | 14.93% | 13.89% | 16.38% | 17.03% | 17.88% | 20.17% | 19.48% |
| Debt / Equity | 0.11x | 0.80x | 0.10x | 0.07x | 0.09x | 0.22x | 0.22x |
| Interest Coverage | 39.46x | 69.99x | 56.70x | 87.36x | 64.69x | 25.30x | 28.64x |
| FCF Conversion | 3.11x | 2.95x | 2.12x | 2.05x | 1.29x | 2.14x | 0.00x |
| Revenue Growth | 16.71% | 0.41% | 33.39% | 27.71% | 19.92% | 8.61% | 17.89% |
Karooooo Ltd. (KARO) stock FAQ — growth, dividends, profitability & financials explained
Karooooo Ltd. (KARO) reported $5.24B in revenue for fiscal year 2025. This represents a 198% increase from $1.76B in 2019.
Karooooo Ltd. (KARO) grew revenue by 8.6% over the past year. This is steady growth.
Yes, Karooooo Ltd. (KARO) is profitable, generating $1.02B in net income for fiscal year 2025 (20.2% net margin).
Yes, Karooooo Ltd. (KARO) pays a dividend with a yield of 2.45%. This makes it attractive for income-focused investors.
Karooooo Ltd. (KARO) has a return on equity (ROE) of 29.5%. This is excellent, indicating efficient use of shareholder capital.
Karooooo Ltd. (KARO) generated $928.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Karooooo Ltd. (KARO) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates