Karat Packaging Past Earnings Performance
Past criteria checks 4/6
Karat Packaging has been growing earnings at an average annual rate of 36.6%, while the Trade Distributors industry saw earnings growing at 19.8% annually. Revenues have been growing at an average rate of 15.4% per year. Karat Packaging's return on equity is 19%, and it has net margins of 7.3%.
Key information
36.6%
Earnings growth rate
31.2%
EPS growth rate
| Trade Distributors Industry Growth | 41.7% |
| Revenue growth rate | 15.4% |
| Return on equity | 19.0% |
| Net Margin | 7.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Karat Packaging makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 405 | 30 | 111 | 0 |
| 31 Dec 23 | 406 | 32 | 108 | 0 |
| 30 Sep 23 | 403 | 33 | 104 | 0 |
| 30 Jun 23 | 407 | 30 | 102 | 0 |
| 31 Mar 23 | 413 | 26 | 103 | 0 |
| 31 Dec 22 | 423 | 24 | 102 | 0 |
| 30 Sep 22 | 422 | 25 | 98 | 0 |
| 30 Jun 22 | 414 | 22 | 97 | 0 |
| 31 Mar 22 | 394 | 26 | 92 | 0 |
| 31 Dec 21 | 364 | 21 | 85 | 0 |
| 30 Sep 21 | 343 | 16 | 81 | 0 |
| 30 Jun 21 | 317 | 16 | 72 | 0 |
| 31 Mar 21 | 307 | 17 | 65 | 0 |
| 31 Dec 20 | 296 | 18 | 61 | 0 |
| 30 Sep 20 | 281 | 16 | 58 | 0 |
| 30 Jun 20 | 265 | 13 | 57 | 0 |
| 31 Mar 20 | 241 | 4 | 57 | 0 |
| 31 Dec 19 | 225 | 2 | 55 | 0 |
| 30 Sep 19 | 214 | 2 | 52 | 0 |
| 30 Jun 19 | 201 | 2 | 49 | 0 |
| 31 Mar 19 | 187 | 2 | 45 | 0 |
| 31 Dec 18 | 175 | 0 | 41 | 0 |
| 30 Sep 18 | 164 | -1 | 39 | 0 |
| 31 Dec 17 | 140 | 5 | 35 | 0 |
Quality Earnings: 0WJ has high quality earnings.
Growing Profit Margin: 0WJ's current net profit margins (7.3%) are higher than last year (6.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0WJ's earnings have grown significantly by 36.6% per year over the past 5 years.
Accelerating Growth: 0WJ's earnings growth over the past year (14%) is below its 5-year average (36.6% per year).
Earnings vs Industry: 0WJ earnings growth over the past year (14%) exceeded the Trade Distributors industry -17.2%.
Return on Equity
High ROE: 0WJ's Return on Equity (19%) is considered low.