KRT

Karat Packaging Inc. Materials Plastics Products, NEC Russell 3000
$53.97Close $1.1BMarket cap $19.72 – $54.6852-week range Nov 5, 2026Next report · after the close

Highlights

Strengths

  • In a stage-2 uptrend all 8 trend conditions pass
  • Leading the market RS 98 · stronger than 98% of stocks over 12 months
  • RS line at a 1-year high outperforming the S&P 500 more than at any point this year
  • Near its high 1% below its 52-week high
  • Earnings growing EPS +169% year on year, faster than the quarter before (+164 pts)

Cautions

  • Results soon Nov 5, 2026, in 4 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 7, 2026
Off 12-month high 1%
1wk up 1.8% price change
1mo up 2.7% price change
12-month return up 141% market up 11% · its own up 124%
F-score 6 / 9 Mixed
Altman Z 7.72 Low risk
P/E 34.2× price / earnings
PEG 7.25 P/E / EPS growth
P/B 7.2× price / book
Earnings yield up 3.9% EBIT / enterprise value
Cheaper than 42% of the market · around average
Revenue growth up 11% year on year
EPS growth up 169% latest quarter · +164 pts
Sales growth up 10% latest quarter · -3 pts
ROE up 21% return on equity
Free cash margin up 7% $33.1M FCF
D/E 0.24 long-term debt / equity
Net debt / EBITDA -0.0× net cash
Interest cover —EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • short-term liquidity weakened
  • gross margin narrowed
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • reduced long-term debt
  • no new shares issued
  • assets working harder

Repair signals

  • Long-term debt down 26% ($0.0B → $0.0B)

Trade setup

ATR% 3.0% $1.60 a day · 2×ATR $50.77
RS 98 / 99 vs the universe
Trend 8 / 8 trend template
Relative volume 0.7× vs 50-day average
Up/down volume 1.28 50 sessions
Implied move — no option chain · report Nov 5, 2026
Trend template · 8 of 8

Screen verdict

1 of 3 screens
  • Stage 2 Leader in mixed conditions
    • RS 98
    • Trend 8/8
    • Off 12-month high 1%
    • EPS growth +169% (accel +164 pts)
    • Sales growth +10% (accel -3 pts)
    • Altman Z 7.72 (low risk)

Warning signs

1 flagged
  • Gross margin narrowing Gross margin fell from 38.9% to 36.8%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Aug 6, 2026
Results reaction Aug 6, 2026+11% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $467.7M +11% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $295.5M FY2021 · $364.2M FY2022 · $423.0M FY2023 · $405.7M FY2024 · $422.6M FY2025 · $467.7M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $31.5M +5% on FY2024
$0 $50M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $17.5M FY2021 · $20.8M FY2022 · $23.6M FY2023 · $32.5M FY2024 · $30.0M FY2025 · $31.5M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $33.1M -30% on FY2024
-$20M $0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$15.0M FY2021 · $4.5M FY2022 · $26.8M FY2023 · $50.5M FY2024 · $47.0M FY2025 · $33.1M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 37%
  • Net 7%
  • Free cash 7%
-10% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 30% · Net 6% · Free cash -5% FY2021 · Gross 30% · Net 6% · Free cash 1% FY2022 · Gross 31% · Net 6% · Free cash 6% FY2023 · Gross 38% · Net 8% · Free cash 12% FY2024 · Gross 39% · Net 7% · Free cash 11% FY2025 · Gross 37% · Net 7% · Free cash 7%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $2.0M net cash
  • Cash
  • Long-term debt
$0 $50M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $448,000 · Long-term debt $100,000 FY2021 · Cash $6.5M · Long-term debt $200,000 FY2022 · Cash $16.0M · Long-term debt $216,000 FY2023 · Cash $23.1M · Long-term debt $203,000 FY2024 · Cash $31.6M · Long-term debt $48.6M FY2025 · Cash $37.9M · Long-term debt $35.9M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 19.96m +31.6% since FY2020
20.04m 15.17m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 15.17m FY2021 · 19.80m FY2022 · 19.89m FY2023 · 19.97m FY2024 · 20.04m FY2025 · 19.96m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $295.5M $364.2M $423.0M $405.7M $422.6M $467.7M
Gross margin 30% 30% 31% 38% 39% 37%
Operating income $27.7M $23.1M $30.0M $42.1M $37.8M $41.4M
Net income $17.5M $20.8M $23.6M $32.5M $30.0M $31.5M
Net margin 6% 6% 6% 8% 7% 7%
Earnings per share $1.13 $1.12 $1.19 $1.63 $1.49 $1.56
Free cash flow -$15.0M $4.5M $26.8M $50.5M $47.0M $33.1M
Free cash margin -5% 1% 6% 12% 11% 7%
Cash $448,000 $6.5M $16.0M $23.1M $31.6M $37.9M
Long-term debt $100,000 $200,000 $216,000 $203,000 $48.6M $35.9M
Shareholders' equity $32.4M $122.9M $141.7M $154.1M $155.6M $149.4M
Shares outstanding 15.17m 19.80m 19.89m 19.97m 20.04m 19.96m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 7, 2026 Quarterly ↗ Jun 30, 2026 38d
May 8, 2026 Quarterly ↗ Mar 31, 2026 38d
Mar 13, 2026 Annual ↗ Dec 31, 2025 72d
Nov 7, 2025 Quarterly ↗ Sep 30, 2025 38d
Aug 8, 2025 Quarterly ↗ Jun 30, 2025 39d
May 9, 2025 Quarterly ↗ Mar 31, 2025 39d
Mar 14, 2025 Annual ↗ Dec 31, 2024 73d
Nov 8, 2024 Quarterly ↗ Sep 30, 2024 39d
Aug 9, 2024 Quarterly ↗ Jun 30, 2024 40d
May 10, 2024 Quarterly ↗ Mar 31, 2024 40d
Mar 15, 2024 Annual ↗ Dec 31, 2023 75d
Nov 9, 2023 Quarterly ↗ Sep 30, 2023 40d

Current reports

FiledDisclosed
Aug 6, 2026 Results ↗
Aug 5, 2026 Other events ↗
Jun 17, 2026 Shareholder vote ↗
May 7, 2026 Results ↗
May 6, 2026 Other events ↗
Mar 17, 2026 Auditor change ↗
Mar 12, 2026 Results ↗
Feb 6, 2026 Other events ↗
Nov 6, 2025 Results ↗
Nov 5, 2025 Other events ↗
Aug 7, 2025 Results ↗
Aug 6, 2025 Other events ↗