Karat Packaging
KRT
#6379
Rank
โ‚ฌ0.58 B
Marketcap
29,24ย โ‚ฌ
Share price
2.94%
Change (1 day)
49.20%
Change (1 year)

Operating Margin for Karat Packaging (KRT)

Operating Margin as of November 2024 (TTM): 9.68%

According to Karat Packaging's latest financial reports and stock price the company's current Operating Margin is 9.68%. At the end of 2023 the company had an Operating Margin of 10.60%.

Operating Margin history for Karat Packaging from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.60%37.85%
20227.69%1.71%
20217.56%1.86%
20207.42%466.66%
20191.31%48.49%
20180.88%-73.41%
20173.32%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
9.68% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
8.12%-16.12%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.67%-220.56%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.