Karat Packaging Inc. Annual Operating Margin in % from 2020 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Karat Packaging Inc. quarterly/annual Operating Margin history and growth rate from 2020 to 2023.
  • Karat Packaging Inc. Operating Margin for the quarter ending June 30, 2024 was 8.6 %, a 9.76% decline year-over-year.
  • Karat Packaging Inc. annual Operating Margin for 2023 was 10.4 %, a 46.2% increase from 2022.
  • Karat Packaging Inc. annual Operating Margin for 2022 was 7.1 %, a 11.6% increase from 2021.
  • Karat Packaging Inc. annual Operating Margin for 2021 was 6.35 %, a 32.2% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 10.4 +3.28 +46.2% Jan 1, 2023 Dec 31, 2023
2022 7.1 +0.74 +11.6% Jan 1, 2022 Dec 31, 2022
2021 6.35 -3.02 -32.2% Jan 1, 2021 Dec 31, 2021
2020 9.37 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.