Karat Packaging (KRT) Tax Rate (2020 - 2026)
Karat Packaging (KRT) posted Tax Rate of 24.03% for Q2 2026, up 0.59% on a QoQ basis from 23.89% in Q1 2026, and up 19.0% year-over-year from 20.19% in Q2 2025.
Analysis
Karat Packaging (KRT) Tax Rate (2020 - 2026) Analysis & Trends
Karat Packaging has reported Tax Rate for 7 years, with the latest figure at 24.03% in Q2 2026.
- On a quarterly basis, Tax Rate rose 19.0% year-over-year to 24.03% in Q2 2026; TTM through Jun 2026 was 24.12%, a 26.0% decrease from a year earlier, with the FY2025 full-year figure at 24.08%, down 18.0% from the prior year.
- Tax Rate was 24.03% for Q2 2026 at Karat Packaging, up from 23.89% in the prior quarter.
- The five-year high for Tax Rate was 29.55% in Q4 2024, with the low at 7.21% in Q4 2022.
- Average Tax Rate over 5 years is 22.5%, with a median of 23.66% recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Tax Rate tumbled 818 bps in 2022, then surged 1418 bps in 2024.
- Over 5 years, Tax Rate stood at 7.21% in 2022, then jumped by 113 bps to 15.38% in 2023, then surged by 92 bps to 29.55% in 2024, then fell by 13 bps to 25.59% in 2025, then fell by 6 bps to 24.03% in 2026.
- The last three Tax Rate figures came in at 24.03% (Q2 2026), 23.89% (Q1 2026), and 25.59% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sysco | 39.01 Bn | 37.22 Bn | 4.13 Bn | 23.47% |
| 2 | US Foods Holding | 21.36 Bn | 21.31 Bn | 1.92 Bn | 25.47% |
| 3 | Performance Food | 14.87 Bn | 14.77 Bn | 2.17 Bn | 26.79% |
| 4 | Chefs' Warehouse | 4.27 Bn | 4.14 Bn | 292.89 Mn | 31.39% |
| 5 | United Natural Foods | 2.71 Bn | 2.67 Bn | 1.05 Bn | 21.43% |
| 6 | Karat Packaging | 934.01 Mn | 879.87 Mn | 77.16 Mn | 24.03% |
| 7 | G Willi Food International | 366.43 Mn | 320.09 Mn | 18.94 Mn | -22.89% |
| 8 | HF Foods | 92.43 Mn | 92.43 Mn | 55.05 Mn | 7.68% |
| 9 | Amcon Distributing | 58.64 Mn | 58.00 Mn | 49.80 Mn | 27.42% |
| 10 | Epsium Enterprise | 18.44 Mn | 12.65 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.03% |
| Mar 31, 2026 | 23.89% |
| Dec 31, 2025 | 25.59% |
| Sep 30, 2025 | 23.26% |
| Jun 30, 2025 | 23.84% |
| Mar 31, 2025 | 23.74% |
| Dec 31, 2024 | 29.55% |
| Sep 30, 2024 | 21.90% |
| Jun 30, 2024 | 23.54% |
| Mar 31, 2024 | 23.37% |
| Dec 31, 2023 | 15.38% |
| Sep 30, 2023 | 24.11% |
| Jun 30, 2023 | 23.74% |
| Mar 31, 2023 | 23.48% |
| Dec 31, 2022 | 7.21% |
| Sep 30, 2022 | 23.59% |
| Jun 30, 2022 | 19.52% |
| Mar 31, 2022 | 25.21% |
| Dec 31, 2021 | 15.40% |
| Sep 30, 2021 | 23.74% |