Karat Packaging (KRT) Tax Rate (2020 - 2026)

Karat Packaging (KRT) recorded quarterly Tax Rate of 23.89% in Q1 2026, down 6.66% quarter-over-quarter from 25.59% in Q4 2025, and up 15.0% on a YoY basis from 20.77% in Q1 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 was 23.89% for Q1 2026 at Karat Packaging, down from 25.59% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 29.55% in Q4 2024 to a low of 7.21% in Q4 2022.
  • Historically, Tax Rate has averaged 22.41% across 5 years, with a median of 23.59% in 2022.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate plunged 818 bps in 2022, then jumped 1418 bps in 2024.
  • A 5-year view of Tax Rate shows it 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 declined by 13 bps to 25.59% in 2025, then retreated by 7 bps to 23.89% in 2026.
  • The last three Tax Rate figures came in at 23.89% (Q1 2026), 25.59% (Q4 2025), and 23.26% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Smurfit Westrock 21.64 Bn 20.99 Bn 1.27 Bn 25.00%
2 Packaging Corp Of America 20.07 Bn 19.53 Bn 452.90 Mn 22.25%
3 International Paper 18.03 Bn 16.73 Bn 1.73 Bn 18.28%
4 Amcor 17.99 Bn 16.41 Bn 1.19 Bn 10.32%
5 Ball 14.38 Bn 13.50 Bn 646.00 Mn 24.03%
6 Avery Dennison 12.23 Bn 11.97 Bn 664.80 Mn 30.07%
7 Crown Holdings 10.71 Bn 10.62 Bn 644.00 Mn 25.45%
8 Sonoco Products 4.95 Bn 4.75 Bn 345.63 Mn 12.44%
9 Reynolds Consumer Products 4.85 Bn 4.78 Bn 207.00 Mn 23.38%
10 Karat Packaging 589.11 Mn 562.42 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%