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Side-by-side financial comparison of CORE MOLDING TECHNOLOGIES INC (CMT) and Karat Packaging Inc. (KRT). Click either name above to swap in a different company.

Karat Packaging Inc. is the larger business by last-quarter revenue ($115.6M vs $74.7M, roughly 1.5× CORE MOLDING TECHNOLOGIES INC). On growth, CORE MOLDING TECHNOLOGIES INC posted the faster year-over-year revenue change (19.5% vs 13.7%). Karat Packaging Inc. produced more free cash flow last quarter ($15.1M vs $-2.9M). Over the past eight quarters, Karat Packaging Inc.'s revenue compounded faster (10.0% CAGR vs -2.2%).

Core Molding Technologies, Inc. was founded in 1988 and now based in Columbus, Ohio. The company manufactures sheet molding compounds (SMC), and molds fiberglass reinforced plastics. It occupies over 1,000,000 square feet of manufacturing space and its main subsidiaries are in Matamoros, Mexico, Gaffney, South Carolina, and Cincinnati, Ohio. In 2011, Core Molding Technologies formed Core Specialty Composites, LLC.

Karat Packaging Inc. is a specialty manufacturer and distributor of disposable foodservice packaging products. Its offerings include paper and plastic cups, food containers, cutlery, lids, and custom branded solutions, serving restaurant chains, cafes, catering operators, and retail foodservice clients primarily across North America.

CMT vs KRT — Head-to-Head

Bigger by revenue
KRT
KRT
1.5× larger
KRT
$115.6M
$74.7M
CMT
Growing faster (revenue YoY)
CMT
CMT
+5.7% gap
CMT
19.5%
13.7%
KRT
More free cash flow
KRT
KRT
$18.1M more FCF
KRT
$15.1M
$-2.9M
CMT
Faster 2-yr revenue CAGR
KRT
KRT
Annualised
KRT
10.0%
-2.2%
CMT

Income Statement — Q4 2025 vs Q4 2025

Metric
CMT
CMT
KRT
KRT
Revenue
$74.7M
$115.6M
Net Profit
$6.8M
Gross Margin
15.2%
34.0%
Operating Margin
4.8%
7.3%
Net Margin
5.9%
Revenue YoY
19.5%
13.7%
Net Profit YoY
21.3%
EPS (diluted)
$0.35
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CMT
CMT
KRT
KRT
Q4 25
$74.7M
$115.6M
Q3 25
$58.4M
$124.5M
Q2 25
$79.2M
$124.0M
Q1 25
$61.4M
$103.6M
Q4 24
$62.5M
$101.6M
Q3 24
$73.0M
$112.8M
Q2 24
$88.7M
$112.6M
Q1 24
$78.1M
$95.6M
Net Profit
CMT
CMT
KRT
KRT
Q4 25
$6.8M
Q3 25
$1.9M
$7.3M
Q2 25
$4.1M
$10.9M
Q1 25
$2.2M
$6.4M
Q4 24
$5.6M
Q3 24
$3.2M
$9.1M
Q2 24
$6.4M
$9.1M
Q1 24
$3.8M
$6.2M
Gross Margin
CMT
CMT
KRT
KRT
Q4 25
15.2%
34.0%
Q3 25
17.4%
34.5%
Q2 25
18.1%
39.6%
Q1 25
19.2%
39.3%
Q4 24
15.8%
39.2%
Q3 24
16.9%
38.6%
Q2 24
20.0%
38.5%
Q1 24
17.0%
39.3%
Operating Margin
CMT
CMT
KRT
KRT
Q4 25
4.8%
7.3%
Q3 25
4.4%
6.9%
Q2 25
6.6%
13.3%
Q1 25
4.6%
7.5%
Q4 24
1.4%
7.2%
Q3 24
4.9%
10.0%
Q2 24
8.4%
9.9%
Q1 24
6.1%
8.4%
Net Margin
CMT
CMT
KRT
KRT
Q4 25
5.9%
Q3 25
3.2%
5.9%
Q2 25
5.1%
8.8%
Q1 25
3.6%
6.2%
Q4 24
5.5%
Q3 24
4.3%
8.1%
Q2 24
7.2%
8.1%
Q1 24
4.8%
6.4%
EPS (diluted)
CMT
CMT
KRT
KRT
Q4 25
$0.35
$0.34
Q3 25
$0.22
$0.36
Q2 25
$0.47
$0.54
Q1 25
$0.25
$0.32
Q4 24
$-0.01
$0.28
Q3 24
$0.36
$0.45
Q2 24
$0.73
$0.45
Q1 24
$0.43
$0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CMT
CMT
KRT
KRT
Cash + ST InvestmentsLiquidity on hand
$38.1M
$37.9M
Total DebtLower is stronger
$17.6M
Stockholders' EquityBook value
$158.2M
$149.4M
Total Assets
$228.1M
$287.7M
Debt / EquityLower = less leverage
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMT
CMT
KRT
KRT
Q4 25
$38.1M
$37.9M
Q3 25
$42.4M
$44.0M
Q2 25
$43.2M
$57.0M
Q1 25
$44.5M
$56.3M
Q4 24
$41.8M
$59.9M
Q3 24
$42.3M
$60.4M
Q2 24
$37.8M
$52.1M
Q1 24
$26.6M
$46.7M
Total Debt
CMT
CMT
KRT
KRT
Q4 25
$17.6M
Q3 25
$18.2M
Q2 25
$18.8M
Q1 25
$19.2M
Q4 24
$19.7M
Q3 24
$20.2M
Q2 24
$20.6M
Q1 24
$21.1M
Stockholders' Equity
CMT
CMT
KRT
KRT
Q4 25
$158.2M
$149.4M
Q3 25
$155.4M
$154.5M
Q2 25
$153.5M
$155.8M
Q1 25
$149.9M
$153.3M
Q4 24
$147.4M
$155.6M
Q3 24
$147.8M
$157.3M
Q2 24
$147.5M
$157.7M
Q1 24
$142.8M
$154.4M
Total Assets
CMT
CMT
KRT
KRT
Q4 25
$228.1M
$287.7M
Q3 25
$219.7M
$302.8M
Q2 25
$219.9M
$321.0M
Q1 25
$223.6M
$312.2M
Q4 24
$209.6M
$294.5M
Q3 24
$220.7M
$306.8M
Q2 24
$225.7M
$310.7M
Q1 24
$212.3M
$279.0M
Debt / Equity
CMT
CMT
KRT
KRT
Q4 25
0.11×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.13×
Q4 24
0.13×
Q3 24
0.14×
Q2 24
0.14×
Q1 24
0.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CMT
CMT
KRT
KRT
Operating Cash FlowLast quarter
$5.0M
$15.4M
Free Cash FlowOCF − Capex
$-2.9M
$15.1M
FCF MarginFCF / Revenue
-3.9%
13.1%
Capex IntensityCapex / Revenue
10.7%
0.2%
Cash ConversionOCF / Net Profit
2.26×
TTM Free Cash FlowTrailing 4 quarters
$1.9M
$33.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMT
CMT
KRT
KRT
Q4 25
$5.0M
$15.4M
Q3 25
$4.6M
$982.0K
Q2 25
$3.5M
$9.8M
Q1 25
$6.1M
$7.7M
Q4 24
$5.0M
$8.3M
Q3 24
$9.2M
$19.5M
Q2 24
$15.9M
$13.7M
Q1 24
$5.1M
$6.6M
Free Cash Flow
CMT
CMT
KRT
KRT
Q4 25
$-2.9M
$15.1M
Q3 25
$-346.0K
$736.0K
Q2 25
$880.0K
$9.6M
Q1 25
$4.3M
$7.6M
Q4 24
$509.0K
$8.0M
Q3 24
$7.0M
$19.2M
Q2 24
$13.0M
$13.4M
Q1 24
$3.2M
$6.4M
FCF Margin
CMT
CMT
KRT
KRT
Q4 25
-3.9%
13.1%
Q3 25
-0.6%
0.6%
Q2 25
1.1%
7.7%
Q1 25
7.0%
7.4%
Q4 24
0.8%
7.9%
Q3 24
9.6%
17.0%
Q2 24
14.6%
11.9%
Q1 24
4.1%
6.7%
Capex Intensity
CMT
CMT
KRT
KRT
Q4 25
10.7%
0.2%
Q3 25
8.4%
0.2%
Q2 25
3.3%
0.1%
Q1 25
2.9%
0.1%
Q4 24
7.2%
0.2%
Q3 24
3.1%
0.3%
Q2 24
3.3%
0.2%
Q1 24
2.4%
0.2%
Cash Conversion
CMT
CMT
KRT
KRT
Q4 25
2.26×
Q3 25
2.44×
0.13×
Q2 25
0.86×
0.89×
Q1 25
2.79×
1.21×
Q4 24
1.47×
Q3 24
2.92×
2.14×
Q2 24
2.47×
1.50×
Q1 24
1.35×
1.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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