Karat Packaging
KRT
$27.36
Share price
2.45%
Change (1 day)
74.19%
Change (1 year)
Categories
Operating Margin for Karat Packaging (KRT)
Operating Margin as of May 2024 (TTM): 7.21%
According to Karat Packaging's latest financial reports and stock price the company's current Operating Margin is 7.21%. At the end of 2021 the company had an Operating Margin of 7.56%.
Operating Margin history for Karat Packaging from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 7.56% | 1.86% |
| 2020 | 7.42% | 466.66% |
| 2019 | 1.31% | 48.49% |
| 2018 | 0.88% | -73.41% |
| 2017 | 3.32% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Tupperware Brands
TUP | 1.90% | -73.65% | 🇺🇸 USA |
 Myers Industries MYE | 5.92% | -17.89% | 🇺🇸 USA |
 Karat Packaging KRT | 7.21% | 0.00% | 🇺🇸 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.