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
DateValue
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