Karat Packaging (KRT) Interest Coverage Ratio (2022 - 2026)
Karat Packaging (KRT) posted quarterly Interest Coverage Ratio of 20.69 for Q1 2026, up 34.7% year-over-year from 15.36 in Q1 2025, and up 18.73% on a QoQ basis from 17.43 in Q4 2025.
Karat Packaging (KRT) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Karat Packaging (KRT) has reported Interest Coverage Ratio for 5 consecutive years, with 20.69 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 34.7% year-over-year to 20.69; the TTM figure through Mar 2026 stood at 21.51 (up 20.92% YoY), while the FY2025 annual figure was 20.15, up 13.3% from the prior year.
- Interest Coverage Ratio came in at 20.69 for Q1 2026 at Karat Packaging, up from 17.43 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 31.77 in Q2 2025, with the low at 8.78 in Q4 2023.
- Average Interest Coverage Ratio over 5 years is 18.61, with a median of 17.43 recorded in 2025.
- Across the five-year window, Interest Coverage Ratio jumped 82.01% in 2023 and tumbled 50.73% in 2024, its largest moves.
- Year by year, Interest Coverage Ratio stood at 10.91 in 2022, then dropped by 19.57% to 8.78 in 2023, then surged by 61.2% to 14.15 in 2024, then grew by 23.2% to 17.43 in 2025, then rose by 18.73% to 20.69 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 20.69, 17.43, and 15.91 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn | 4.65 |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn | - |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn | 8.14 |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn | 3.76 |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn | 4.67 |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn | 2.86 |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn | 2.98 |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn | 0.30 |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 | - |
| 10 | Karat Packaging | 675.36 Mn | 648.66 Mn | 41.53 Mn | 20.69 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.69 |
| Dec 31, 2025 | 17.43 |
| Sep 30, 2025 | 15.91 |
| Jun 30, 2025 | 31.77 |
| Mar 31, 2025 | 15.36 |
| Dec 31, 2024 | 14.15 |
| Sep 30, 2024 | 21.07 |
| Jun 30, 2024 | 20.28 |
| Mar 31, 2024 | 15.41 |
| Dec 31, 2023 | 8.78 |
| Sep 30, 2023 | 21.23 |
| Jun 30, 2023 | 23.28 |
| Mar 31, 2023 | 31.28 |
| Dec 31, 2022 | 10.91 |
| Sep 30, 2022 | 16.04 |
| Jun 30, 2022 | 12.79 |
| Mar 31, 2022 | 20.07 |