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% quarter-over-quarter from 25.59% in Q4 2025.
Karat Packaging (KRT) Tax Rate (2020 - 2026) Analysis & Trends
Karat Packaging's Tax Rate history runs 7 years deep, the most recent figure standing at 23.89% for 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 for Q1 2026 stood at 23.89%, 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.
- The 5-year median for Tax Rate is 23.59% (2022), against an average of 22.41%.
- The sharpest annual moves came in 2022 and 2024: Tax Rate tumbled 818 bps in 2022, then soared 1418 bps in 2024.
- Karat Packaging's Tax Rate stood at 7.21% in 2022, then surged by 113 bps to 15.38% in 2023, then soared by 92 bps to 29.55% in 2024, then dropped by 13 bps to 25.59% in 2025, then fell by 7 bps to 23.89% in 2026.
- Business Quant data shows KRT's Tax Rate at 23.89% in Q1 2026, 25.59% in Q4 2025, and 23.26% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 31.25% |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 20.00% |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 25.83% |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 57.69% |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 23.38% |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 27.80% |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 24.38% |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 27.79% |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 23.28% |
| 10 | Karat Packaging | 947.58 Mn | 893.43 Mn | 77.16 Mn | 24.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.03% |
| Jun 30, 2026 | 24.03% |
| Jun 30, 2026 | 24.03% |
| Mar 31, 2026 | 23.89% |
| Mar 31, 2026 | 23.89% |
| Mar 31, 2026 | 23.89% |
| Dec 31, 2025 | 25.59% |
| Dec 31, 2025 | 25.59% |
| Dec 31, 2025 | 25.59% |
| Sep 30, 2025 | 23.26% |
| Sep 30, 2025 | 23.26% |
| Sep 30, 2025 | 23.26% |
| Jun 30, 2025 | 23.84% |
| Jun 30, 2025 | 23.84% |
| Jun 30, 2025 | 23.84% |
| Mar 31, 2025 | 23.74% |
| Mar 31, 2025 | 23.74% |
| Mar 31, 2025 | 23.74% |
| Dec 31, 2024 | 29.55% |
| Dec 31, 2024 | 29.55% |