Karat Packaging (KRT) Net Margin (2020 - 2026)
Karat Packaging (KRT) recorded quarterly Net Margin of 6.11% in Q1 2026, down 1.87% quarter-over-quarter from 6.22% in Q4 2025, and down 47.0% on a YoY basis from 11.52% in Q1 2025.
Karat Packaging (KRT) Net Margin (2020 - 2026) Analysis & Trends
Karat Packaging's Net Margin history runs 7 years deep, the most recent figure standing at 6.11% for Q1 2026.
- In Q1 2026, Net Margin fell 47.0% year-over-year to 6.11%; the TTM figure through Mar 2026 stood at 6.86% (down 38.0% YoY), while the FY2025 annual figure was 6.98%, down 31.0% from the prior year.
- Net Margin was 6.11% for Q1 2026 at Karat Packaging, down from 6.22% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 87.68% in Q4 2023 to a low of 4.9% in Q4 2022.
- Historically, Net Margin has averaged 11.94% across 5 years, with a median of 6.77% in 2024.
- The sharpest annual moves came in 2023 and 2024: Net Margin surged 8278 bps in 2023, then sank 8191 bps in 2024.
- A 5-year view of Net Margin shows it stood at 4.9% in 2022, then jumped by 1689 bps to 87.68% in 2023, then slumped by 93 bps to 5.76% in 2024, then advanced by 8 bps to 6.22% in 2025, then dropped by 2 bps to 6.11% in 2026.
- The last three Net Margin figures came in at 6.11% (Q1 2026), 6.22% (Q4 2025), and 6.11% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | 0.82% |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | 7.22% |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | -0.27% |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | 4.51% |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | 5.69% |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 7.31% |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | -8.90% |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | -1.06% |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 6.73% |
| 10 | Karat Packaging | 589.11 Mn | 562.42 Mn | 41.53 Mn | 6.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.11% |
| Dec 31, 2025 | 6.22% |
| Sep 30, 2025 | 6.11% |
| Jun 30, 2025 | 8.91% |
| Mar 31, 2025 | 6.58% |
| Dec 31, 2024 | 5.76% |
| Sep 30, 2024 | 8.21% |
| Jun 30, 2024 | 8.19% |
| Mar 31, 2024 | 6.77% |
| Dec 31, 2023 | 87.68% |
| Sep 30, 2023 | 8.66% |
| Jun 30, 2023 | 9.82% |
| Mar 31, 2023 | 9.59% |
| Dec 31, 2022 | 4.90% |
| Sep 30, 2022 | 5.59% |
| Jun 30, 2022 | 6.27% |
| Mar 31, 2022 | 7.54% |
| Dec 31, 2021 | 6.55% |
| Sep 30, 2021 | 3.97% |
| Jun 30, 2021 | 9.93% |