Karat Packaging (KRT) Operating Margin (2020 - 2026)
Karat Packaging (KRT) posted quarterly Operating Margin of 7.24% for Q1 2026, down 31.0% year-over-year from 10.49% in Q1 2025, and down 1.22% quarter-over-quarter from 7.33% in Q4 2025.
Karat Packaging (KRT) Operating Margin (2020 - 2026) Analysis & Trends
Karat Packaging's Operating Margin history runs 7 years deep, the most recent figure standing at 7.24% for Q1 2026.
- In Q1 2026, Operating Margin fell 31.0% year-over-year to 7.24%; the TTM figure through Mar 2026 stood at 8.74% (up 3.0% YoY), while the FY2025 annual figure was 8.85%, down 8.0% from the prior year.
- Operating Margin for Q1 2026 stood at 7.24%, down from 7.33% in the prior quarter.
- The five-year high for Operating Margin was 71.82% in Q4 2023, with the low at 5.19% in Q4 2022.
- The 5-year median for Operating Margin is 8.45% (2024), against an average of 12.6%.
- The sharpest annual moves came in 2023 and 2024: Operating Margin jumped 6662 bps in 2023, then tumbled 6464 bps in 2024.
- Karat Packaging's Operating Margin stood at 5.19% in 2022, then jumped by 1283 bps to 71.82% in 2023, then sank by 90 bps to 7.18% in 2024, then gained by 2 bps to 7.33% in 2025, then declined by 1 bps to 7.24% in 2026.
- Business Quant data shows KRT's Operating Margin at 7.24% in Q1 2026, 7.33% in Q4 2025, and 6.89% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 3.85% |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 10.10% |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 11.70% |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 11.14% |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 9.63% |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 13.59% |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 12.65% |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 10.23% |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 14.62% |
| 10 | Karat Packaging | 947.58 Mn | 893.43 Mn | 77.16 Mn | 27.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.59% |
| Mar 31, 2026 | 7.24% |
| Dec 31, 2025 | 7.33% |
| Sep 30, 2025 | 6.89% |
| Jun 30, 2025 | 13.35% |
| Mar 31, 2025 | 7.55% |
| Dec 31, 2024 | 7.18% |
| Sep 30, 2024 | 9.99% |
| Jun 30, 2024 | 9.87% |
| Mar 31, 2024 | 8.45% |
| Dec 31, 2023 | 71.82% |
| Sep 30, 2023 | 10.78% |
| Jun 30, 2023 | 12.27% |
| Mar 31, 2023 | 13.29% |
| Dec 31, 2022 | 5.19% |
| Sep 30, 2022 | 7.19% |
| Jun 30, 2022 | 6.79% |
| Mar 31, 2022 | 9.00% |
| Dec 31, 2021 | 7.82% |
| Sep 30, 2021 | 5.22% |