KAI · Kadant Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $281.50M | $271.57M | $255.27M | $239.21M | - | $271.61M | $274.76M | $248.97M | - | $244.18M |
| Cost of Revenue | $154.80M | $148.91M | $138.22M | $128.88M | - | $150.18M | $152.88M | $138.01M | - | $138.46M |
| Gross Profit | $126.70M | $122.66M | $117.04M | $110.33M | - | $121.44M | $121.89M | $110.96M | - | $105.73M |
| R&D | $4.06M | $3.92M | $3.72M | $3.52M | - | $3.41M | $3.48M | $3.73M | - | $3.32M |
| SG&A | $82.54M | $75.84M | $73.94M | $71.22M | - | $69.04M | $70.00M | $70.31M | - | $57.89M |
| Total Operating Expenses | $241.40M | $228.95M | $215.89M | $203.62M | - | $222.63M | $226.36M | $212.05M | - | $200.64M |
| D&A | $14.65M | $5.38M | $5.01M | $12.01M | - | - | - | $11.74M | - | - |
| Operating Income | $40.11M | $42.62M | $39.38M | $35.59M | - | $48.99M | $48.40M | $36.93M | - | $43.54M |
| Interest Expense | $4.48M | $3.09M | $3.34M | $3.82M | - | $2.11M | $5.20M | $4.67M | - | $2.11M |
| Income Tax | $10.14M | $11.77M | $9.82M | $7.83M | - | $11.96M | $11.99M | $7.85M | - | $10.82M |
| Net Income | $25.51M | $27.72M | $26.16M | $24.06M | - | $31.59M | $31.29M | $24.69M | - | $30.86M |
| EPS - Basic | $2.16 | $2.35 | $2.22 | $2.05 | - | $2.69 | $2.66 | $2.11 | - | $2.64 |
| EPS - Diluted | $2.16 | $2.35 | $2.22 | $2.04 | - | $2.68 | $2.66 | $2.10 | - | $2.63 |
Balance Sheet
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $117.03M | $124.49M | $95.32M | $91.68M | $94.66M | $88.41M | $73.81M | $81.44M | $103.83M | $76.79M |
| Accounts Receivable | $172.38M | $158.78M | $152.57M | $145.91M | $142.46M | $154.97M | $149.69M | $149.59M | $133.93M | $140.07M |
| Inventory | $214.83M | $179.71M | $168.59M | $153.54M | $146.09M | $169.25M | $173.51M | $171.96M | $152.68M | $164.35M |
| Accounts Payable | $55.48M | $50.63M | $52.54M | $49.30M | $51.06M | $50.54M | $54.41M | $55.59M | $42.10M | $44.29M |
| Current Assets | $562.64M | $519.96M | $474.69M | $446.73M | $442.33M | $469.55M | $455.33M | $454.75M | $440.18M | $436.12M |
| Total Assets | $1.71B | $1.53B | $1.48B | $1.44B | $1.43B | $1.49B | $1.46B | $1.41B | $1.18B | $1.15B |
| Current Liabilities | $227.43M | $212.51M | $199.79M | $180.62M | $191.56M | $205.23M | $201.98M | $222.05M | $214.41M | $213.56M |
| Long-term Debt | $372.72M | - | - | - | $286.50M | - | - | - | $109.09M | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $995.60M | $949.85M | $926.02M | $875.95M | $847.13M | $851.73M | $807.71M | $782.69M | $773.70M | $731.65M |
| Retained Earnings | $966.90M | $925.62M | $901.91M | $879.75M | $859.69M | $839.42M | $811.60M | $784.06M | $763.13M | $739.13M |
Cash Flow
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $21.92M | - | - | $22.84M | - | - | - | $22.83M | - | - |
| Investing Cash Flow | ($3.93M) | - | - | ($3.84M) | - | - | - | ($237.26M) | - | - |
| Financing Cash Flow | ($20.05M) | - | - | ($23.09M) | - | - | - | $192.91M | - | - |
| CapEx | $3.26M | $3.19M | $3.97M | $3.84M | - | - | - | $6.27M | - | $8.85M |
| Free Cash Flow | $18.66M | - | - | $19.00M | - | - | - | $16.56M | - | - |
Ratios
| Metric | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 45.0% | 45.2% | 45.9% | 46.1% | - | 44.7% | 44.4% | 44.6% | - | 43.3% |
| Operating margin | 14.2% | 15.7% | 15.4% | 14.9% | - | 18.0% | 17.6% | 14.8% | - | 17.8% |
| EBITDA margin | 19.5% | 17.7% | 17.4% | 19.9% | - | - | - | 19.5% | - | - |
| Net margin | 9.1% | 10.2% | 10.2% | 10.1% | - | 11.6% | 11.4% | 9.9% | - | 12.6% |
| Free cash flow margin | 6.6% | - | - | 7.9% | - | - | - | 6.7% | - | - |
| FCF / Net income | 0.73 | - | - | 0.79 | - | - | - | 0.67 | - | - |
| R&D / Revenue | 1.4% | 1.4% | 1.5% | 1.5% | - | 1.3% | 1.3% | 1.5% | - | 1.4% |
| SG&A / Revenue | 29.3% | 27.9% | 29.0% | 29.8% | - | 25.4% | 25.5% | 28.2% | - | 23.7% |
| Effective tax rate | 28.4% | 29.8% | 27.3% | 24.5% | - | 27.5% | 27.7% | 24.1% | - | 26.0% |
| Return on assets | 1.5% | 1.8% | 1.8% | 1.7% | - | 2.1% | 2.1% | 1.8% | - | 2.7% |
| Return on equity | 2.6% | 2.9% | 2.8% | 2.7% | - | 3.7% | 3.9% | 3.2% | - | 4.2% |
| Return on invested capital | 2.1% | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.47 | 2.45 | 2.38 | 2.47 | 2.31 | 2.29 | 2.25 | 2.05 | 2.05 | 2.04 |
| Quick ratio | 1.53 | 1.60 | 1.53 | 1.62 | 1.55 | 1.46 | 1.40 | 1.27 | 1.34 | 1.27 |
| Cash ratio | 0.51 | 0.59 | 0.48 | 0.51 | 0.49 | 0.43 | 0.37 | 0.37 | 0.48 | 0.36 |
| Leverage | ||||||||||
| Debt / Equity | 0.37 | - | - | - | 0.34 | - | - | - | 0.14 | - |
| Debt / Assets | 0.22 | - | - | - | 0.20 | - | - | - | 0.09 | - |
| Debt / EBITDA | 6.81 | - | - | - | - | - | - | - | - | - |
| Interest coverage | 8.9x | 13.8x | 11.8x | 9.3x | - | 23.2x | 9.3x | 7.9x | - | 20.7x |
| Equity multiplier | 1.72 | 1.61 | 1.60 | 1.64 | 1.69 | 1.75 | 1.80 | 1.80 | 1.52 | 1.58 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | 0.18 | 0.17 | 0.17 | - | 0.18 | 0.19 | 0.18 | - | 0.21 |
| Inventory turnover | 0.72 | 0.83 | 0.82 | 0.84 | - | 0.89 | 0.88 | 0.80 | - | 0.84 |
| Days sales outstanding | 224d | 213d | 218d | 223d | - | 208d | 199d | 219d | - | 209d |
| Days inventory outstanding | 507d | 440d | 445d | 435d | - | 411d | 414d | 455d | - | 433d |
| Days payable outstanding | 131d | 124d | 139d | 140d | - | 123d | 130d | 147d | - | 117d |
| Cash conversion cycle | 599d | 530d | 525d | 518d | - | 497d | 483d | 527d | - | 526d |
| Valuation | ||||||||||
| P / E | 132.7x | 128.8x | 141.2x | 164.7x | - | 125.0x | 110.4x | 156.2x | - | 85.8x |
| P / B | 3.4x | 3.8x | 4.0x | 4.5x | - | 4.6x | 4.3x | 4.9x | - | 3.6x |
| P / S | 12.0x | 13.2x | 14.5x | 16.5x | - | 14.5x | 12.6x | 15.5x | - | 10.8x |
| EV / EBITDA | 66.4x | 71.8x | 81.2x | 81.2x | - | - | - | 77.5x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 17.7% | -0.0% | -7.1% | -3.9% | - | 11.2% | 12.1% | 8.4% | - | 8.8% |
| Revenue CAGR (3y) | 7.0% | 6.5% | 4.8% | 1.8% | - | 10.8% | 12.0% | 13.0% | - | 16.5% |
| Revenue CAGR (5y) | 10.3% | 11.9% | 10.8% | 8.5% | - | 9.4% | 9.2% | 7.8% | - | 8.1% |
| Gross profit growth (YoY) | 14.8% | 1.0% | -4.0% | -0.6% | - | 14.9% | 14.4% | 8.7% | - | 10.9% |
| Operating income growth (YoY) | 12.7% | -13.0% | -18.6% | -3.6% | - | 12.5% | 12.4% | -7.9% | - | 12.0% |
| Net income growth (YoY) | 6.0% | -12.2% | -16.4% | -2.5% | - | 2.3% | 5.2% | -12.1% | - | 12.3% |
| EPS growth (YoY) | 5.9% | -12.3% | -16.5% | -2.9% | - | 1.9% | 4.7% | -12.5% | - | 11.9% |
| EPS CAGR (3y) | -3.5% | 0.0% | -0.3% | -16.7% | - | 15.3% | 10.7% | 13.7% | - | 27.1% |
| EPS CAGR (5y) | 8.6% | 12.9% | 17.3% | 13.4% | - | 13.7% | 13.4% | 16.9% | - | 9.9% |
| FCF growth (YoY) | -1.8% | - | - | 14.7% | - | - | - | -48.9% | - | - |
| FCF CAGR (5y) | 2.1% | - | - | 40.4% | - | - | - | 16.5% | - | - |
| Book value growth (YoY) | 13.7% | 11.5% | 14.6% | 11.9% | 9.5% | 16.4% | 13.6% | 14.7% | 18.3% | 20.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-03.
Business segments
$1.05B totalIndustrial Processing$409.49M · 38.9%
Flow Control$382.87M · 36.4%
Material Handling Systems$259.89M · 24.7%
Product / service
$1.05B totalPartsand Consumables$748.41M · 71.1%
Capital$303.84M · 28.9%
Geographic
$2.10B totalNorth America$655.93M · 31.2%
US$534.04M · 25.4%
Segment Geographical Groups Of Countries Other Countries$307.19M · 14.6%
Europe$241.70M · 11.5%
CA$104.17M · 4.9%
Asia$88.47M · 4.2%
Restof World$66.14M · 3.1%
CN$62.60M · 3.0%
DE$44.25M · 2.1%
Peer comparison
Same SIC group: Special Industry Machinery (No Metalworking Machinery)
Comparing KADANT INC against the 3 most active filers in the same SIC group.
Dividends
$1.38/share trailing 12 months · +6.2% YoY
| Ex-date | Per share |
|---|---|
| Apr 15, 2026 | $0.3600 |
| Jan 8, 2026 | $0.3400 |
| Oct 9, 2025 | $0.3400 |
| Jul 10, 2025 | $0.3400 |
| Apr 9, 2025 | $0.3400 |
| Jan 10, 2025 | $0.3200 |
| Oct 10, 2024 | $0.3200 |
| Jul 11, 2024 | $0.3200 |
| Apr 9, 2024 | $0.3200 |
| Jan 3, 2024 | $0.2900 |
| Oct 11, 2023 | $0.2900 |
| Jul 12, 2023 | $0.2900 |
| Apr 11, 2023 | $0.2900 |
| Jan 4, 2023 | $0.2600 |
| Oct 12, 2022 | $0.2600 |
| Jul 13, 2022 | $0.2600 |
| Apr 12, 2022 | $0.2600 |
| Jan 5, 2022 | $0.2500 |
| Oct 13, 2021 | $0.2500 |
| Jul 14, 2021 | $0.2500 |
| Apr 13, 2021 | $0.2500 |
| Jan 6, 2021 | $0.2400 |
| Oct 14, 2020 | $0.2400 |
| Jul 8, 2020 | $0.2400 |