Karat Packaging Inc. (KRT) is a Materials stock trading at $48.05 (as of 2026-08-21), with a market capitalization of $957.72M and a trailing P/E of 19.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Karat Packaging Inc. manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand. The company offers its products to domestic and regional distributors, restaurant chains, retail establishments, and online customers. It also provides new product development, design, printing, and logistics services. Karat Packaging Inc. was founded in 2000 and is based in Chino, California.
Karat Packaging Inc. manufactures and distributes single-use disposable products for restaurant and foodservice use, selling items like food and take-out containers, bags, tableware, cups, lids, cutlery, and other packaging-related products, with revenue generated primarily from sales through chains and distributors and from online customers.
The profit engine is the combination of (1) product sales mix across foodservice packaging and (2) how efficiently Karat runs fulfillment and capacity, with operational metrics like fill rates and fulfillment rate likely affecting costs and service, while sourcing mix (imports from Taiwan and reliance on China) can influence input costs.
| Chains & Distributors | $0.1B |
| Online | $0.0B |
Business quality (Mixed): Good operational visibility for online and fulfillment metrics, plus a documented sourcing mix, but the provided segment breakdown is limited (mostly chains and distributors versus online) and several operating metrics suggest execution variability.
Valuation: At 19× earnings, KRT trades 19% below the Rubber & Plastic Products average (24×). Note: one-time items can distort reported P/E.
| Price | $48.05 |
| Market Cap | $957.72M |
| P/E Ratio | 19.0 |
| EV / EBITDA | 11.3 |
| Price / Book | 5.50 |
| Price / Sales | 1.94 |
| FCF Yield | 7.4% |
| DCF Value (model) | $30.69 |
| DCF Upside vs Price | -36.1% |
| Revenue (TTM) | $467.74M |
| Net Margin | 6.7% |
| Revenue Growth (YoY) | 10.7% |
| EPS Growth (YoY) | 4.7% |
| FCF Growth (YoY) | -29.7% |
| Altman Z-Score | 7.18 (safe) |
| Piotroski F-Score | 6/9 (moderate) |
| Stock P/E | 19.0 |
| Sector P/E (Materials) | 25.9 |
| Industry P/E (Rubber & Plastic Products) | 24.5 |
| vs Sector | -26.9% |
| vs Industry | -22.6% |
| Top Institutional Holder | BlackRock, Inc. ($15.89M) |
| Institutional Holders Tracked | 10 |
| Sector | Materials |
| Industry | Rubber & Plastic Products |
| CEO | Alan Yu |
| Employees | 683 |
| Country | US |
| IPO Date | 2021-04-15 |
Data as of 2026-08-21.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.