Karat Packaging (KRT) Tax Rate (2020 - 2026)
Karat Packaging (KRT) posted quarterly Tax Rate of 23.89% for Q1 2026, up 15.0% year-over-year from 20.77% in Q1 2025, and down 6.66% on a QoQ basis from 25.59% in Q4 2025.
Karat Packaging (KRT) Tax Rate (2020 - 2026) Analysis & Trends
Karat Packaging (KRT) has reported Tax Rate for 7 consecutive years, with 23.89% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 15.0% year-over-year to 23.89%; the TTM figure through Mar 2026 stood at 24.11% (down 22.0% YoY), while the FY2025 annual figure was 24.08%, down 18.0% from the prior year.
- Tax Rate came in at 23.89% for Q1 2026 at Karat Packaging, down from 25.59% 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 22.41%, with a median of 23.59% recorded in 2022.
- Across the five-year window, Tax Rate sank 818 bps in 2022 and jumped 1418 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 7.21% in 2022, then soared by 113 bps to 15.38% in 2023, then jumped by 92 bps to 29.55% in 2024, then decreased by 13 bps to 25.59% in 2025, then dropped by 7 bps to 23.89% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.89%, 25.59%, and 23.26% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn | 24.03% |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn | 18.28% |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn | 30.07% |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn | 25.45% |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn | 23.38% |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn | 12.44% |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn | 26.51% |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn | 4.44% |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 | 25.00% |
| 10 | Karat Packaging | 675.36 Mn | 648.66 Mn | 41.53 Mn | 23.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.89 |
| Mar 31, 2026 | 23.89 |
| Dec 31, 2025 | 25.59 |
| Dec 31, 2025 | 25.59 |
| Sep 30, 2025 | 23.26 |
| Sep 30, 2025 | 23.26 |
| Jun 30, 2025 | 23.84 |
| Jun 30, 2025 | 23.84 |
| Mar 31, 2025 | 23.74 |
| Mar 31, 2025 | 23.74 |
| Dec 31, 2024 | 29.55 |
| Dec 31, 2024 | 29.55 |
| Sep 30, 2024 | 21.90 |
| Sep 30, 2024 | 21.90 |
| Jun 30, 2024 | 23.54 |
| Jun 30, 2024 | 23.54 |
| Mar 31, 2024 | 23.37 |
| Mar 31, 2024 | 23.37 |
| Dec 31, 2023 | 15.38 |
| Dec 31, 2023 | 15.38 |