Karat Packaging (KRT) Total Debt (2020 - 2026)
Karat Packaging (KRT) recorded quarterly Total Debt of $35.4 million in Q1 2026, down 1.12% quarter-over-quarter from $35.8 million in Q4 2025, and down 26.52% on a YoY basis from $48.2 million in Q1 2025.
Karat Packaging (KRT) Total Debt (2020 - 2026) Analysis & Trends
Karat Packaging's Total Debt history runs 7 years deep, the most recent figure standing at $35.4 million for 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 was $35.4 million for Q1 2026 at Karat Packaging, down from $35.8 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $59.2 million in Q1 2023 to a low of $14.8 million in Q2 2022.
- Historically, Total Debt has averaged $43.7 million across 5 years, with a median of $48.2 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Total Debt surged 3900.6% in 2022, then plunged 50.69% in 2025.
- A 5-year view of Total Debt shows it stood at $42.5 million in 2022, then rose by 16.47% to $49.5 million in 2023, then retreated by 2.14% to $48.5 million in 2024, then decreased by 26.12% to $35.8 million in 2025, then decreased by 1.12% to $35.4 million in 2026.
- The last three Total Debt figures came in at $35.4 million (Q1 2026), $35.8 million (Q4 2025), and $24.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | 14.26 Bn |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | 3.97 Bn |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | 9.09 Bn |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | 15.29 Bn |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | 7.14 Bn |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 3.79 Bn |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | 5.75 Bn |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | 4.69 Bn |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 1.53 Bn |
| 10 | Karat Packaging | 589.11 Mn | 562.42 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 |