Karat Packaging Inc (KRT)
28.63
+0.66
(+2.36%)
USD |
NASDAQ |
May 07, 10:35
Karat Packaging Gross Profit Margin (Quarterly): 35.67% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 35.67% |
| September 30, 2023 | 36.90% |
| June 30, 2023 | 38.50% |
| March 31, 2023 | 39.82% |
| December 31, 2022 | 32.01% |
| September 30, 2022 | 31.06% |
| June 30, 2022 | 29.56% |
| March 31, 2022 | 32.53% |
| December 31, 2021 | 31.00% |
| September 30, 2021 | 29.01% |
| Date | Value |
|---|---|
| June 30, 2021 | 29.73% |
| March 31, 2021 | 28.58% |
| December 31, 2020 | 27.42% |
| September 30, 2020 | 30.18% |
| June 30, 2020 | 34.11% |
| March 31, 2020 | 27.92% |
| December 31, 2019 | 26.44% |
| September 30, 2019 | 27.43% |
| June 30, 2019 | 28.30% |
| June 30, 2018 | 27.86% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
26.44%
Minimum
Dec 2019
39.82%
Maximum
Mar 2023
31.38%
Average
30.18%
Median
Sep 2020
Gross Profit Margin (Quarterly) Benchmarks
| Canoo Inc | -300.8% |
| PLBY Group Inc | 65.84% |
| American Woodmark Corp | 19.18% |
| FG Group Holdings Inc (DELISTED) | 28.00% |
| Northann Corp | 19.88% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 20.14% |
| Return on Assets | 11.86% |
| Return on Invested Capital | 15.49% |
| Profit Margin (Quarterly) | 4.08% |
| Operating Margin (Quarterly) | 5.15% |
| Return on Net Operating Assets | 14.66% |