Karat Packaging (KRT) Depreciation and Depletion (2020 - 2024)
Karat Packaging (KRT) recorded Depreciation and Depletion of $2.68 million in Q3 2024, down 0.6% from $2.7 million a year earlier but up 1.1% from the prior quarter.
Karat Packaging (KRT) Depreciation and Depletion (2020 - 2024) Analysis & Trends
On a TTM basis, Karat Packaging's Depreciation and Depletion came in at $10.68 million as of Sep 30, 2024, unchanged year-over-year; for FY2023, it came in at $10.76 million, up 3.7% from FY2022.
- Annual Depreciation and Depletion has increased for three straight years, with a three-year compound annual growth rate of 7.9% (FY2020 to FY2023).
- Across earlier years, Depreciation and Depletion came in at $10.38 million in FY2022 (+3.5%), $10.02 million in FY2021 (+17.0%) and $8.57 million in FY2020.
- Quarterly Depreciation and Depletion has ranged from $2.23 million in Q3 2020 to $2.72 million in Q4 2023 over the past five years.
- On a year-over-year basis, Depreciation and Depletion has declined for three consecutive quarters, with growth averaging 1.9% over the last eight quarters.
- Peak year-over-year performance for Depreciation and Depletion in the last five years was growth of 13.2% in Q3 2021, against a decline of 2.1% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.65 million (Q2 2024), $2.62 million (Q1 2024) and $2.72 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 951.22 Bn | 907.65 Bn | 49.13 Bn | - |
| 2 | Costco Wholesale | 448.92 Bn | 372.20 Bn | 12.19 Bn | - |
| 3 | Kroger | 39.83 Bn | 25.98 Bn | 7.86 Bn | - |
| 4 | Sysco | 39.66 Bn | 33.91 Bn | 4.13 Bn | - |
| 5 | Dollar General | 30.16 Bn | 24.84 Bn | 3.68 Bn | - |
| 6 | Caseys General Stores | 26.11 Bn | 24.11 Bn | 1.24 Bn | - |
| 7 | Dollar Tree | 24.49 Bn | 21.11 Bn | 2.10 Bn | - |
| 8 | US Foods Holding | 22.36 Bn | 22.15 Bn | 1.92 Bn | 104.00 Mn |
| 9 | Tractor Supply | 17.36 Bn | 16.53 Bn | 1.68 Bn | - |
| 10 | Karat Packaging | 1.08 Bn | 907.03 Mn | 77.16 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 2.68 Mn |
| Jun 30, 2024 | 2.65 Mn |
| Mar 31, 2024 | 2.62 Mn |
| Dec 31, 2023 | 2.72 Mn |
| Sep 30, 2023 | 2.70 Mn |
| Jun 30, 2023 | 2.71 Mn |
| Mar 31, 2023 | 2.63 Mn |
| Dec 31, 2022 | 2.65 Mn |
| Sep 30, 2022 | 2.60 Mn |
| Jun 30, 2022 | 2.56 Mn |
| Mar 31, 2022 | 2.58 Mn |
| Dec 31, 2021 | 2.56 Mn |
| Sep 30, 2021 | 2.53 Mn |
| Jun 30, 2021 | 2.47 Mn |
| Mar 31, 2021 | 2.46 Mn |
| Dec 31, 2020 | 2.47 Mn |
| Sep 30, 2020 | 2.23 Mn |
Karat Packaging Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=KRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "KRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=KRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();