KRT
Karat Packaging Inc.
KRT's fundamentals are strong: free cash flow more than doubled and earnings per share grew 57%. At 15x earnings, it's trading below its usual 17x. Analysts expect that strong growth to continue.
KRT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Strong |
KRT's profitability, cash flow and balance sheet are currently strong, and its revenue is stable.
KRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 14x | $32.05 | -9.3% |
| Current | 15x | $35.32 | — |
| Fair | 17x | $40.04 | +13% |
| Forward | 20x | $35.32 | — |
| Expensive | 21x | $49.58 | +40% |
Historical ranges are pointers, not guarantees.
KRT's PE is in its cheap range at 15x. On analysts' estimates for next year's earnings, today's price would be 20x, in its expensive range.
KRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for KRT, with profitability improving.
KRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.80 | -24% |
| Q3 2026 | $2.36 | +57% |
| Q2 2026 | $2.50 | +57% |
| Q1 2026 | $1.58 | +5.3% |
| Q4 2025 | $1.56 | +4.7% |
| Q3 2025 | $1.50 | +6.4% |
| Q2 2025 | $1.59 | +13% |
| Q1 2025 | $1.50 | +0.7% |
| Q4 2024 | $1.49 | -8.6% |
KRT earned $2.36 per share over the past year, up 57% from the year before.
KRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $134.7M | +8.2% |
| Q2 2026 | $136.3M | +9.9% |
| Q1 2026 | $116.9M | +13% |
| Q4 2025 | $115.6M | +14% |
| Q3 2025 | $124.5M | +10% |
| Q2 2025 | $124M | +10% |
| Q1 2025 | $103.6M | +8.4% |
| Q4 2024 | $101.6M | +6.3% |
KRT's revenue has grown year over year for 10 quarters in a row: $135M last quarter, up 8.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.6% | -3.3 points |
| Q2 2026 | 28% | +14 points |
| Q1 2026 | 7.2% | -0.3 points |
| Q4 2025 | 7.3% | +0.2 points |
| Q3 2025 | 6.9% | -3.1 points |
| Q2 2025 | 13% | +3.5 points |
| Q1 2025 | 7.5% | -0.9 points |
| Q4 2024 | 7.2% | +2.3 points |
KRT's operating margin was 3.6% last quarter, down 3.3 points from the same quarter a year ago, near the bottom of its range since 2019.
KRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $9.6M | +1207% |
| Q2 2026 | $33.1M | +245% |
| Q1 2026 | $6.6M | -13% |
| Q4 2025 | $15.1M | +88% |
| Q3 2025 | $736K | -96% |
| Q2 2025 | $9.6M | -29% |
| Q1 2025 | $7.6M | +19% |
| Q4 2024 | $8M | -22% |
KRT generated $64M in free cash flow over the past year, up 148% from the year before.
KRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +91.8K shares |
| 1 year | 0% | -2.4K shares |
| 3 years | +1% | +204K shares |
| 5 years | +1.6% | +318K shares |
| Available history | +5.7% | +1.1M shares |
KRT has 20M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $11,000 |
| Q4 2021 | — |
| Q3 2021 | — |
| Q4 2020 | — |
| Q3 2020 | $141,000 |
| Q2 2020 | $107,000 |
| Q1 2020 | — |
| Q4 2019 | — |
KRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | -0.6x | Net Cash |
| Q1 2025 | -0.7x | Net Cash |
| Q4 2024 | -0.6x | Net Cash |
KRT has more cash than debt.
KRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.9 | Neutral |
| Stochastic | 33.7 | Neutral |
KRT's weekly RSI is 40 (neutral) and its Stochastic is 34 (neutral).
KRT PE vs Consumer Cyclical Sector
| Metric | KRT | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 18x | 17% below |
| PE % | 31 | 53 | 22 pts below |
KRT is trading at 15x earnings, a 17% discount to the Consumer Cyclical sector's median of 18x.
KRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $48.9 | 28% below |
| 20 week MA | $45.8 | 23% below |
| 50 week MA | $34.1 | 3.5% above |
| 100 week MA | $30.7 | 15% above |
| 200 week MA | $26.9 | 32% above |
KRT has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 32% above its 200-week average.
KRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $18.1 | $19.7 | +8.4% |
| 2022 | $19.7 | $13.8 | -30% |
| 2023 | $13.8 | $24.9 | +81% |
| 2024 | $24.9 | $30.0 | +21% |
| 2025 | $30.0 | $22.8 | -24% |
| 2026 YTD | $22.8 | $35.3 | +55% |
KRT has finished higher in three of the last five years. It's up 55% so far in 2026.