Karat Packaging Inc. (KRT) Financial Ratios
9 years of historical data (2017–2025) · Consumer Cyclical · Packaging & Containers
EV/EBITDA
↓
10.01
+1% vs avg
5yr avg: 9.88
30Y Low7.4·High13.0
P/FCF
↓
20.60
↑+37% vs avg
5yr avg: 15.03
30Y Low11.3·High19.4
P/B Ratio
↓
3.89
↑+33% vs avg
5yr avg: 2.93
30Y Low1.9·High3.8
ROE
↓
19.7%
-1% vs avg
5yr avg: 19.9%
30Y Low0%·High55%
Debt/EBITDA
↓
0.92
↓-26% vs avg
5yr avg: 1.25
30Y Low0.9·High8.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
KRT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Karat Packaging Inc. trades at 19.4x earnings, 21% above its 5-year average of 16.0x, sitting at the 80th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a discount of 8%. On a free-cash-flow basis, the stock trades at 20.6x P/FCF, 37% above the 5-year average of 15.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $604M | $455M | $609M | $496M | $286M | $400M | — | — | — | — |
| Enterprise Value | $623M | $475M | $670M | $544M | $329M | $430M | — | — | — | — |
| P/E Ratio → | 19.39 | 14.47 | 20.31 | 15.25 | 12.08 | 18.04 | — | — | — | — |
| P/S Ratio | 1.29 | 0.97 | 1.44 | 1.22 | 0.68 | 1.10 | — | — | — | — |
| P/B Ratio | 3.89 | 2.90 | 3.75 | 3.05 | 1.88 | 3.03 | — | — | — | — |
| P/FCF | 20.60 | 15.54 | 13.87 | 11.27 | 19.44 | — | — | — | — | — |
| P/OCF | 17.86 | 13.47 | 12.69 | 9.30 | 9.71 | 46.12 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
KRT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Karat Packaging Inc.'s enterprise value stands at 10.0x EBITDA, roughly in line with its 5-year average of 9.9x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 18% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.01 | 1.59 | 1.34 | 0.78 | 1.18 | — | — | — | — |
| EV / EBITDA | 10.01 | 7.62 | 11.96 | 9.41 | 7.44 | 12.96 | — | — | — | — |
| EV / EBIT | 15.15 | 11.54 | 15.65 | 12.09 | 9.53 | 14.14 | — | — | — | — |
| EV / FCF | — | 16.19 | 15.26 | 12.36 | 22.34 | — | — | — | — | — |
KRT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Karat Packaging Inc. earns an operating margin of 8.8%, above the Consumer Cyclical sector average of 2.0%. Operating margins have compressed from 10.4% to 8.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 19.7% indicates solid capital efficiency, compared to the sector median of 5.3%. ROIC of 15.4% represents solid returns on invested capital versus a sector median of 5.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.8% | 36.8% | 38.9% | 37.7% | 31.2% | 29.6% | 30.2% | 27.1% | 24.8% | 29.5% |
| Operating Margin | 8.8% | 8.8% | 8.9% | 10.4% | 7.1% | 6.4% | 9.4% | 2.6% | 1.2% | 4.3% |
| Net Profit Margin | 6.7% | 6.7% | 7.1% | 8.0% | 5.6% | 5.7% | 5.9% | 0.8% | 0.0% | 3.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 19.7% | 19.7% | 18.5% | 20.6% | 16.7% | 24.2% | 54.8% | 7.5% | 0.1% | 42.5% |
| ROA | 10.8% | 10.8% | 10.5% | 12.3% | 10.3% | 10.7% | 11.1% | 1.5% | 0.0% | 7.1% |
| ROIC | 15.4% | 15.4% | 13.0% | 15.6% | 12.6% | 11.6% | 17.6% | 5.2% | 2.8% | 10.5% |
| ROCE | 17.7% | 17.7% | 15.7% | 18.9% | 15.4% | 14.7% | 23.5% | 8.8% | 7.9% | 32.5% |
KRT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Karat Packaging Inc. carries a Debt/EBITDA ratio of 0.9x, which is very conservative (81% below the sector average of 4.8x). Net debt stands at $19M ($57M total debt minus $38M cash). Interest coverage of 20.0x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.36 | 0.36 | 0.57 | 0.44 | 0.39 | 0.28 | 2.47 | 3.13 | 2.27 | 3.07 |
| Debt / EBITDA | 0.92 | 0.92 | 1.66 | 1.23 | 1.33 | 1.10 | 2.72 | 6.38 | 8.14 | 3.60 |
| Net Debt / Equity | — | 0.12 | 0.38 | 0.29 | 0.28 | 0.23 | 2.46 | 3.09 | 2.22 | 3.00 |
| Net Debt / EBITDA | 0.31 | 0.31 | 1.09 | 0.83 | 0.96 | 0.90 | 2.71 | 6.31 | 7.98 | 3.51 |
| Debt / FCF | — | 0.65 | 1.40 | 1.09 | 2.89 | — | — | — | — | — |
| Interest Coverage | 20.02 | 20.02 | 20.17 | 22.04 | 17.12 | 10.47 | 4.71 | 1.62 | 1.47 | 4.70 |
KRT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Karat Packaging Inc.'s current ratio of 2.22x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.06x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 3.49x to 2.22x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.22 | 2.22 | 3.47 | 3.49 | 3.15 | 3.34 | 1.85 | 1.70 | 0.79 | 0.93 |
| Quick Ratio | 1.06 | 1.06 | 1.94 | 1.88 | 1.34 | 1.44 | 0.71 | 0.71 | 0.30 | 0.30 |
| Cash Ratio | 0.54 | 0.54 | 1.29 | 1.11 | 0.41 | 0.21 | 0.01 | 0.02 | 0.02 | 0.02 |
| Asset Turnover | — | 1.63 | 1.43 | 1.47 | 1.68 | 1.75 | 1.63 | 1.69 | 1.83 | 2.19 |
| Inventory Turnover | 3.62 | 3.62 | 3.65 | 3.53 | 4.08 | 4.39 | 4.22 | 4.63 | 4.47 | 3.46 |
| Days Sales Outstanding | — | 28.41 | 23.09 | 24.98 | 25.81 | 32.84 | 29.44 | 35.24 | 31.41 | 30.34 |
KRT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Karat Packaging Inc. returns 6.4% to shareholders annually — split between a 5.9% dividend yield and 0.5% buyback yield. The payout ratio exceeds 100% at 114.7%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 5.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 5.9% | 7.9% | 5.1% | 4.7% | 2.4% | — | — | — | — | — |
| Payout Ratio | 114.7% | 114.7% | 103.5% | 71.5% | 29.4% | — | 3.5% | — | 5928.6% | 15.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.2% | 6.9% | 4.9% | 6.6% | 8.3% | 5.5% | — | — | — | — |
| FCF Yield | 4.9% | 6.4% | 7.2% | 8.9% | 5.1% | — | — | — | — | — |
| Buyback Yield | 0.5% | 0.7% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Total Shareholder Yield | 6.4% | 8.6% | 5.1% | 4.7% | 2.4% | 0.0% | — | — | — | — |
| Shares Outstanding | — | $20M | $20M | $20M | $20M | $20M | $15M | $15M | $19M | $15M |
Peer Comparison
Compare KRT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 KRTYou | $604M | 19.4 | 10.0 | 20.6 | 36.8% | 8.8% | 19.7% | 15.4% | 0.9 |
 UFPT | $2B | 27.3 | 17.1 | 23.4 | 28.3% | 15.3% | 17.8% | 12.7% | 1.3 |
 SLGN | $4B | 15.4 | 8.1 | 10.4 | 17.7% | 10.2% | 13.5% | 8.7% | 4.7 |
 PACK | $628M | -16.3 | 23.5 | — | 24.0% | -6.2% | -7.1% | -2.0% | 10.1 |
 GEF | $3B | 4.6 | 8.3 | — | 22.2% | 6.9% | 31.7% | 4.7% | 2.8 |
 SEE | $6B | 12.3 | 14.3 | 13.5 | 29.8% | 13.5% | 54.3% | 11.2% | 5.9 |
 SON | $5B | 12.7 | 7.7 | 12.7 | 20.9% | 9.5% | 13.4% | 6.2% | 3.9 |
 IP | $19B | -5.5 | 1388.3 | — | 29.5% | -11.3% | -30.6% | -11.3% | 514.4 |
 PKG | $20B | 26.7 | 12.7 | 28.0 | 21.0% | 14.0% | 17.1% | 12.6% | 2.3 |
 CLW | $271M | -13.5 | 6.2 | — | 7.4% | 1.2% | -2.4% | 1.2% | 3.8 |
 CASY | $31B | 44.0 | 22.9 | 43.3 | 24.6% | 5.9% | 19.2% | 12.0% | 2.2 |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 9 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
KRT — Frequently Asked Questions
Quick answers to the most common questions about buying KRT stock.
What is Karat Packaging Inc.'s P/E ratio?
Karat Packaging Inc.'s current P/E ratio is 19.4x. The historical average is 16.0x. This places it at the 80th percentile of its historical range.
What is Karat Packaging Inc.'s EV/EBITDA?
Karat Packaging Inc.'s current EV/EBITDA is 10.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.9x.
What is Karat Packaging Inc.'s ROE?
Karat Packaging Inc.'s return on equity (ROE) is 19.7%. The historical average is 22.7%.
Is KRT stock overvalued?
Based on historical data, Karat Packaging Inc. is trading at a P/E of 19.4x. This is at the 80th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Karat Packaging Inc.'s dividend yield?
Karat Packaging Inc.'s current dividend yield is 5.91% with a payout ratio of 114.7%.
What are Karat Packaging Inc.'s profit margins?
Karat Packaging Inc. has 36.8% gross margin and 8.8% operating margin.
How much debt does Karat Packaging Inc. have?
Karat Packaging Inc.'s Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.