Karat Packaging (KRT) Depreciation and Depletion (2020 - 2024)
Karat Packaging (KRT) recorded quarterly Depreciation and Depletion of $1.6 million in Q3 2024, down 1.67% quarter-over-quarter from $1.6 million in Q2 2024, and up 35.82% on a YoY basis from $1.2 million in Q4 2023.
Karat Packaging (KRT) Depreciation and Depletion (2020 - 2024) Analysis & Trends
Karat Packaging's Depreciation and Depletion history runs 5 years deep, the most recent figure standing at $1.6 million for Q3 2024.
- In Q3 2024, Depreciation and Depletion rose 35.82% year-over-year to $1.6 million; the TTM figure through Sep 2024 stood at $8.1 million (up 241.14% YoY), while the FY2023 annual figure was $6.8 million, up 15.1% from the prior year.
- Depreciation and Depletion was $1.6 million for Q3 2024 at Karat Packaging, down from $1.6 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $3.3 million in Q4 2023 to a low of -$1.8 million in Q4 2022.
- Historically, Depreciation and Depletion has averaged $1.9 million across 5 years, with a median of $2.5 million in 2021.
- The sharpest annual moves came in 2022 and 2023: Depreciation and Depletion plunged 172.07% in 2022, then surged 280.87% in 2023.
- A 5-year view of Depreciation and Depletion shows it stood at $2.5 million in 2020, then rose by 3.81% to $2.6 million in 2021, then slumped by 172.07% to -$1.8 million in 2022, then soared by 280.87% to $3.3 million in 2023, then tumbled by 52.5% to $1.6 million in 2024.
- The last three Depreciation and Depletion figures came in at $1.6 million (Q3 2024), $1.6 million (Q2 2024), and $1.6 million (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | - |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | 206.00 Mn |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | 410.00 Mn |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | - |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | 122.00 Mn |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 53.30 Mn |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | 80.00 Mn |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | - |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | - |
| 10 | Karat Packaging | 589.11 Mn | 562.42 Mn | 41.53 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 1.59 Mn |
| Sep 30, 2024 | 1.59 Mn |
| Jun 30, 2024 | 1.61 Mn |
| Jun 30, 2024 | 1.61 Mn |
| Mar 31, 2024 | 1.61 Mn |
| Mar 31, 2024 | 1.61 Mn |
| Dec 31, 2023 | 3.34 Mn |
| Dec 31, 2023 | 3.34 Mn |
| Sep 30, 2023 | 1.17 Mn |
| Sep 30, 2023 | 1.17 Mn |
| Jun 30, 2023 | 1.56 Mn |
| Jun 30, 2023 | 1.56 Mn |
| Mar 31, 2023 | 1.51 Mn |
| Mar 31, 2023 | 1.51 Mn |
| Dec 31, 2022 | -1.85 Mn |
| Dec 31, 2022 | -1.85 Mn |
| Sep 30, 2022 | 2.60 Mn |
| Sep 30, 2022 | 2.60 Mn |
| Jun 30, 2022 | 2.56 Mn |
| Jun 30, 2022 | 2.56 Mn |