Karat Packaging Past Earnings Performance
Past criteria checks 5/6
Karat Packaging has been growing earnings at an average annual rate of 41.3%, while the Trade Distributors industry saw earnings growing at 23.5% annually. Revenues have been growing at an average rate of 17.1% per year. Karat Packaging's return on equity is 20.4%, and it has net margins of 8%.
Key information
41.3%
Earnings growth rate
36.0%
EPS growth rate
| Trade Distributors Industry Growth | 23.4% |
| Revenue growth rate | 17.1% |
| Return on equity | 20.4% |
| Net Margin | 8.0% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
At US$26.47, Is Karat Packaging Inc. (NASDAQ:KRT) Worth Looking At Closely?
Apr 19
Karat Packaging (NASDAQ:KRT) Is Doing The Right Things To Multiply Its Share Price
Feb 12Do Karat Packaging's (NASDAQ:KRT) Earnings Warrant Your Attention?
Aug 13Should You Investigate Karat Packaging Inc. (NASDAQ:KRT) At US$17.55?
Jun 13Capital Allocation Trends At Karat Packaging (NASDAQ:KRT) Aren't Ideal
May 12Karat Packaging (NASDAQ:KRT) Hasn't Managed To Accelerate Its Returns
Oct 06Karat Packaging Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 16Karat Packaging Inc.'s (NASDAQ:KRT) Intrinsic Value Is Potentially 97% Above Its Share Price
Nov 19Karat Packaging Inc. (NASDAQ:KRT) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable
Jul 27Karat Packaging Inc.'s (NASDAQ:KRT) Intrinsic Value Is Potentially 31% Above Its Share Price
Jul 24Revenue & 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 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: KRT has high quality earnings.
Growing Profit Margin: KRT's current net profit margins (8%) are higher than last year (5.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KRT's earnings have grown significantly by 41.3% per year over the past 5 years.
Accelerating Growth: KRT's earnings growth over the past year (37.3%) is below its 5-year average (41.3% per year).
Earnings vs Industry: KRT earnings growth over the past year (37.3%) exceeded the Trade Distributors industry 3.3%.
Return on Equity
High ROE: KRT's Return on Equity (20.4%) is considered high.