Karat Packaging Stock (NASDAQ:KRT)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$30.11

52W Range

$22.51 - $33.14

50D Avg

$29.29

200D Avg

$27.90

Market Cap

$604.33M

Avg Vol (3M)

$33.89K

Beta

1.00

Div Yield

$1.55 (5.14%)

KRT Company Profile


Karat Packaging Inc. manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand. The company offers its products to domestic and regional distributors, restaurant chains, retail establishments, and online customers. It also provides new product development, design, printing, and logistics services. Karat Packaging Inc. was founded in 2000 and is based in Chino, California.

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Industry

Packaging & Containers

Sector

Consumer Cyclical

Exchange

NASDAQ

ADR

-

Country

US

Employees

778

IPO Date

Apr 15, 2021

Website

KRT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Retail$26.41M$31.19M$28.05M
Distributors$228.32M$242.28M$199.90M
Logistics Services$4.38M$6.15M-
National Distribution$89.66M$95.79M$86.02M
Online$61.27M$53.70M$50.27M

Fiscal year ends in Dec 23 | Currency in USD

KRT Financial Summary


Dec 23Dec 22Dec 21
Revenue$405.65M$422.96M$364.24M
Operating Income$42.08M$30.02M$23.14M
Net Income$32.47M$23.65M$20.78M
EBITDA$42.08M$47.19M$34.38M
Basic EPS$1.63$1.19$1.13
Diluted EPS$1.63$1.19$1.12

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Nov 09, 24 | 1:12 PM
Q1 24May 09, 24 | 12:00 AM
Q4 23Mar 14, 24 | 8:21 PM

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