Karat Packaging Inc.

NasdaqGS KRT

Karat Packaging Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 37.58%

Karat Packaging Inc. Gross Profit Margin is 37.58% for the Trailing 12 Months (TTM) ending September 30, 2024, a 1.84% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Karat Packaging Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 36.90%, a 19.01% change year over year.
Karat Packaging Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 31.01%, a 7.72% change year over year.
Karat Packaging Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 28.78%, a -4.37% change year over year.
Karat Packaging Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 30.10%, a 13.00% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NasdaqGS: KRT

Karat Packaging Inc.

CEO	Mr. Alan Yu
IPO Date	April 15, 2021
Location	United States
Headquarters	6185 Kimball Avenue
Employees	778
Sector	Consumer Staples
Industries Consumer Packaged Goods Containers & Packaging Paper & Forest Products Plastics

Description

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.

Key trends

Past 5 years