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
DateValue
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