Karat Packaging (KRT) Non-Current Debt (2020 - 2026)
Karat Packaging (KRT) recorded quarterly Non-Current Debt of $22.7 million in Q1 2026, down 0.76% quarter-over-quarter from $22.9 million in Q4 2025, and down 51.72% on a YoY basis from $47.0 million in Q1 2025.
Karat Packaging (KRT) Non-Current Debt (2020 - 2026) Analysis & Trends
Karat Packaging's Non-Current Debt history runs 7 years deep, the most recent figure standing at $22.7 million for Q1 2026.
- In Q1 2026, Non-Current Debt fell 51.72% year-over-year to $22.7 million; the TTM figure through Mar 2026 stood at $22.7 million (down 51.72% YoY), while the FY2025 annual figure was $22.9 million, down 51.64% from the prior year.
- Non-Current Debt was $22.7 million for Q1 2026 at Karat Packaging, down from $22.9 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $49.3 million in Q1 2023 to a low of $11.6 million in Q2 2022.
- Historically, Non-Current Debt has averaged $40.3 million across 5 years, with a median of $47.0 million in 2025.
- The sharpest annual moves came in 2023 and 2026: Non-Current Debt surged 323.22% in 2023, then plunged 51.72% in 2026.
- A 5-year view of Non-Current Debt shows it stood at $41.6 million in 2022, then increased by 16.45% to $48.4 million in 2023, then slipped by 2.31% to $47.3 million in 2024, then plunged by 51.64% to $22.9 million in 2025, then dropped by 0.76% to $22.7 million in 2026.
- The last three Non-Current Debt figures came in at $22.7 million (Q1 2026), $22.9 million (Q4 2025), and $23.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | 13.28 Bn |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | 3.97 Bn |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | 8.18 Bn |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | 15.20 Bn |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | 7.02 Bn |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 3.19 Bn |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | 5.70 Bn |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | 3.49 Bn |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 1.53 Bn |
| 10 | Karat Packaging | 589.11 Mn | 562.42 Mn | 41.53 Mn | 22.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.69 Mn |
| Mar 31, 2026 | 22.69 Mn |
| Dec 31, 2025 | 22.86 Mn |
| Dec 31, 2025 | 22.86 Mn |
| Sep 30, 2025 | 23.03 Mn |
| Sep 30, 2025 | 23.03 Mn |
| Jun 30, 2025 | 46.70 Mn |
| Jun 30, 2025 | 46.70 Mn |
| Mar 31, 2025 | 46.99 Mn |
| Mar 31, 2025 | 46.99 Mn |
| Dec 31, 2024 | 47.28 Mn |
| Dec 31, 2024 | 47.28 Mn |
| Sep 30, 2024 | 47.57 Mn |
| Sep 30, 2024 | 47.57 Mn |
| Jun 30, 2024 | 47.84 Mn |
| Jun 30, 2024 | 47.84 Mn |
| Mar 31, 2024 | 48.12 Mn |
| Mar 31, 2024 | 48.12 Mn |
| Dec 31, 2023 | 48.40 Mn |
| Dec 31, 2023 | 48.40 Mn |