Karat Packaging Inc. Annual Return On Equity in % from 2020 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Karat Packaging Inc. quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • Karat Packaging Inc. Return On Equity for the quarter ending September 30, 2024 was 17.4 %, a 15.6% decline year-over-year.
  • Karat Packaging Inc. annual Return On Equity for 2023 was 19.9 %, a 24.6% increase from 2022.
  • Karat Packaging Inc. annual Return On Equity for 2022 was 15.9 %, a 19.5% decline from 2021.
  • Karat Packaging Inc. annual Return On Equity for 2021 was 19.8 %, a 61.4% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 19.9 +3.92 +24.6% Jan 1, 2023 Dec 31, 2023
2022 15.9 -3.86 -19.5% Jan 1, 2022 Dec 31, 2022
2021 19.8 -31.5 -61.4% Jan 1, 2021 Dec 31, 2021
2020 51.3 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.