Karat Packaging Inc.

KRTNASDAQConsumer Cyclical● Active

$28.45

+$0.33(+1.17%)

Market Cap$567968147

P/E Ratio—

52W High$31.789

52W Low$20.61

Avg Volume94K

Open$27.79

Beta0.86

Overview

Karat Packaging Inc. (KRT) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

KRT · free cash flow · updated Jun 8, 2026

Core FCF metrics

KRT · FCF · TTM · margin & CAGR

Free cash flow was $29.3M for FY2025 (fiscal year ending 2025-12-31), down 33.3% year-over-year The FCF margin was 6.3%.

FY2025 Free Cash Flow$29.3M▼ -33.3% YoY

Trailing 12M (TTM)$28.6Mtrailing 4 quarters sum

FCF Margin6.3%$29.3M ÷ revenue

3-Year CAGR+25.8%FY2022 → FY2025

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

KRT · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$33.8M(5M)$29.3M▼ 33.3%6.3%

FY2024$48.0M(4M)$43.9M▼ 0.3%10.4%

FY2023$53.4M(9M)$44.0M▲ +199.1%10.9%

FY2022$29.5M(15M)$14.7M▲ +497.8%3.5%

FY2021$8.7M(12M)−$3.7M▲ +83.1%-1.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

KRT · P/FCF · FCF yield · FCF per share

Karat Packaging Inc. (KRT) trades at a FCF yield of 5.04% and a price-to-free-cash-flow ratio of 19.9x. FCF per share stands at $1.43, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.04%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.43

TTM FCF ÷ Shares Outstanding

Price / FCF

x19.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x21.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

KRT · cash flow statement · operating / investing / financing

For FY2025, Karat Packaging Inc. generated $33.8M in operating cash flow and spent 5M in capital expenditures, yielding $29.3M in free cash flow.

Operating Activities

+$33.8M

Cash from core business operations

2025-12-31

Investing Activities

+$24.1M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$51.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($33.8M) − |CapEx| (5M) = FCF ($29.3M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

KRT vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Karat Packaging Inc.YOU

KRT

$29.3M-33.3%6.3%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Karat Packaging Inc. (KRT) reported free cash flow of $29.3M for FY2025 (fiscal year ending 2025-12-31), down 33.3% year-over-year. The FCF margin was 6.3%.

Based on available data, Karat Packaging Inc. has maintained positive free cash flow for at least 4 fiscal year(s). FCF peaked at $44.0M in FY2023.

Karat Packaging Inc.'s FCF yield is 5.04% and price-to-FCF ratio is 19.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

KRT free cash flow · 8 questions

Karat Packaging Inc. free cash flow was $29.3M for FY2025, down 33.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $28.6M.

KRT free cash flowKRT FCFKRT FCF 2025KRT free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Karat Packaging Inc. · Karat Packaging Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026