Karat Packaging (KRT) Total Debt (2020 - 2026)
Karat Packaging (KRT) posted quarterly Total Debt of $35.4 million for Q1 2026, down 26.52% year-over-year from $48.2 million in Q1 2025, and down 1.12% on a QoQ basis from $35.8 million in Q4 2025.
Karat Packaging (KRT) Total Debt (2020 - 2026) Analysis & Trends
Karat Packaging (KRT) has reported Total Debt for 7 consecutive years, with $35.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Total Debt fell 26.52% year-over-year to $35.4 million; the TTM figure through Mar 2026 stood at $35.4 million (down 26.52% YoY), while the FY2025 annual figure was $35.8 million, down 26.12% from the prior year.
- Total Debt came in at $35.4 million for Q1 2026 at Karat Packaging, down from $35.8 million in the prior quarter.
- The five-year high for Total Debt was $59.2 million in Q1 2023, with the low at $14.8 million in Q2 2022.
- Average Total Debt over 5 years is $43.7 million, with a median of $48.2 million recorded in 2025.
- Across the five-year window, Total Debt surged 3900.6% in 2022 and sank 50.69% in 2025, its largest moves.
- Year by year, Total Debt stood at $42.5 million in 2022, then climbed by 16.47% to $49.5 million in 2023, then dropped by 2.14% to $48.5 million in 2024, then declined by 26.12% to $35.8 million in 2025, then declined by 1.12% to $35.4 million in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $35.4 million, $35.8 million, and $24.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn | 7.14 Bn |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn | 9.09 Bn |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn | 3.79 Bn |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn | 5.75 Bn |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn | 1.53 Bn |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn | 4.69 Bn |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn | 4.66 Bn |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn | 5.75 Bn |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 | 4,239.00 |
| 10 | Karat Packaging | 675.36 Mn | 648.66 Mn | 41.53 Mn | 35.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.40 Mn |
| Dec 31, 2025 | 35.80 Mn |
| Sep 30, 2025 | 24.03 Mn |
| Jun 30, 2025 | 47.91 Mn |
| Mar 31, 2025 | 48.18 Mn |
| Dec 31, 2024 | 48.46 Mn |
| Sep 30, 2024 | 48.73 Mn |
| Jun 30, 2024 | 48.99 Mn |
| Mar 31, 2024 | 49.26 Mn |
| Dec 31, 2023 | 49.52 Mn |
| Sep 30, 2023 | 49.78 Mn |
| Jun 30, 2023 | 50.07 Mn |
| Mar 31, 2023 | 59.23 Mn |
| Dec 31, 2022 | 42.52 Mn |
| Sep 30, 2022 | 46.65 Mn |
| Jun 30, 2022 | 14.80 Mn |
| Mar 31, 2022 | 43.14 Mn |
| Dec 31, 2021 | 37.34 Mn |
| Sep 30, 2021 | 1.17 Mn |
| Jun 30, 2021 | 3.61 Mn |