Kadant

US · KAI #2436 by market cap Listed 1970

257.86 -5.80 -2.20%

Live - 5344 symbols - heartbeat 367s ago · 2026-10-07 19:54

After-hours 257.86 0.00%

Market cap: 3.05B
P/E (TTM): 27.73
P/B: 2.98
EPS: 8.65
Div yield: 0.54%
52W pos: 13%

Reader sentiment Are you bullish or bearish on KAI?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 4.45, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year -0.11% YoY

Margins

Gross margin: 45.21%
Operating margin: 15.07%
Net margin: 9.69%

Key ratios & quality

Enterprise value: 3.30B
Altman Z-Score: 4.45

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2021	2021	2022	2023	2024	2026
Revenue	633.79M	704.64M	635.03M	786.58M	904.74M	957.67M	1.05B	1.05B
Gross profit	278.28M	293.76M	277.31M	337.37M	389.56M	416.31M	466.15M	475.73M
Selling & admin expenses	177.41M	192.53M	181.91M	208.79M	224.41M	236.26M	279.92M	301.86M
Research & development	10.55M	10.88M	11.30M	11.40M	12.72M	13.56M	14.32M	15.26M
Operating profit	90.32M	90.35M	84.10M	117.18M	152.43M	166.48M	171.91M	158.60M
Pretax profit	79.53M	68.92M	73.69M	112.05M	165.64M	159.02M	153.07M	143.59M
Tax	18.48M	16.36M	17.95M	27.17M	43.91M	42.21M	40.52M	39.90M
Net profit	61.05M	52.56M	55.74M	84.88M	121.73M	116.81M	112.55M	103.68M
Basic EPS	5	5	5	7	10	10	10	9
Diluted EPS	5.30	4.54	4.77	7.21	10.35	9.90	9.48	8.65

Line item	2025-03	2025-06	2025-09	2026-01	2026-04	2026-07
Revenue	239.21M	255.27M	271.57M	286.20M	281.51M	312.88M
Gross profit	110.33M	117.04M	122.66M	125.70M	126.70M	137.01M
Selling & admin expenses	71.22M	73.94M	75.84M	80.86M	82.54M	81.64M
Research & development	3.52M	3.72M	3.92M	4.10M	4.06M	4.48M
Operating profit	35.59M	39.38M	42.62M	41.02M	40.11M	50.88M
Pretax profit	32.27M	36.46M	39.88M	34.98M	35.96M	46.03M
Tax	7.83M	9.82M	11.77M	10.49M	10.14M	13.18M
Net profit	24.44M	26.64M	28.12M	24.49M	25.82M	32.85M
Basic EPS	2	2	2	2	2	3
Diluted EPS	2.04	2.22	2.35	2.04	2.16	2.75

Balance sheet

Line item	2018	2019	2021	2021	2022	2023	2024	2026
Total current assets	252.76M	297.58M	289.82M	383.88M	415.41M	440.18M	442.33M	541.93M
Cash & ST investments	45.83M	66.79M	65.68M	91.19M	76.37M	103.83M	94.66M	119.55M
Inventory	86.37M	102.72M	106.81M	134.36M	163.67M	152.68M	146.09M	206.85M
Total assets	725.75M	939.39M	927.57M	1.13B	1.15B	1.18B	1.43B	1.71B
Total current liabilities	128.99M	146.17M	134.69M	221.50M	213.46M	214.41M	191.57M	228.17M
Short-term debt	1.67M	2.85M	1.47M	5.36M	3.82M	3.21M	3.38M	3.13M
Long-term debt	174.15M	298.17M	232.00M	264.16M	197.34M	107.67M	285.15M	371.37M
Total liabilities	351,178,000.00	512,308,000.00	430,666,000.00	566,596,000.00	494,310,000.00	399,425,000.00	572,217,000.00	721,111,000.00
Total equity	374.57M	427.08M	496.91M	565.62M	655.57M	776.24M	858.13M	991.07M
Retained earnings	393.58M	435.25M	479.40M	551.85M	660.64M	763.13M	859.69M	945.64M

Line item	2025-03	2025-06	2025-09	2026-01	2026-04	2026-07
Total current assets	446.73M	474.69M	519.96M	541.93M	562.64M	580.82M
Cash & ST investments	91.68M	95.32M	124.49M	119.55M	117.03M	134.53M
Inventory	153.54M	168.59M	179.71M	206.85M	214.83M	216.46M
Total assets	1.44B	1.48B	1.53B	1.71B	1.71B	1.89B
Total current liabilities	180.62M	199.79M	212.52M	228.17M	227.43M	224.16M
Short-term debt	3.38M	3.26M	3.39M	3.13M	3.16M	3.18M
Long-term debt	273.50M	245.67M	254.62M	371.37M	360.20M	507.46M
Total liabilities	548,869,000.00	547,221,000.00	570,727,000.00	721,111,000.00	708,503,000.00	855,547,000.00
Total equity	886.57M	937.29M	961.51M	991.07M	1.01B	1.03B
Retained earnings	879.75M	901.91M	925.62M	945.64M	966.90M	995.12M

Cash flow

Line item	2018	2019	2021	2021	2022	2023	2024	2026
Operating cash flow	62.99M	97.41M	92.88M	162.42M	102.63M	165.55M	155.27M	171.33M
Depreciation & amortization	23.57M	32.39M	31.33M	34.30M	34.94M	33.30M	49.59M	51.22M
Free cash flow	46.43M	87.46M	85.29M	149.65M	74.43M	133.70M	134.26M	154.28M
Dividends paid	-9.64M	-10.20M	-10.90M	-11.46M	-12.00M	-13.22M	-14.67M	-15.78M
Stock buybacks / issuance	813.00K	5.18M	3.21M	1.89M	1.38M	0	1.61M	4.57M
Ending cash balance	46.12M	68.27M	66.64M	94.16M	79.73M	106.45M	95.95M	122.68M

Line item	2025-03	2025-06	2025-09	2026-01	2026-04	2026-07
Operating cash flow	22.84M	40.48M	47.25M	60.76M	21.92M	53.51M
Depreciation & amortization	12.01M	12.07M	12.40M	14.74M	14.65M	15.54M
Free cash flow	19.00M	36.51M	44.06M	54.71M	18.66M	42.56M
Dividends paid	-3.76M	-4.00M	-4.00M	-4.01M	-4.01M	-4.25M
Stock buybacks / issuance	2.10M	0	0	2.47M	0	0
Ending cash balance	93.81M	97.19M	126.91M	122.68M	119.82M	137.62M

Returns & efficiency

Line item	2018	2019	2021	2021	2022	2023	2024	2026
ROE %	17.16	13.04	11.99	15.87	19.86	16.26	13.77	11.16
ROA %	8.13	6.25	5.91	8.16	10.60	9.98	8.56	6.49
ROIC %	11.68	9.66	8.34	11.20	14.81	13.90	12.37	8.98
5-year avg ROE %	12.53	12.99	12.80	13.64	15.58	15.40	15.55	15.38
EBIT margin %	13.66	11.59	12.77	14.86	19.02	17.48	16.43	15.13
FCF / sales %	7.33	12.41	13.43	19.03	8.23	13.96	12.75	14.66
Current ratio	1.96	2.04	2.15	1.73	1.95	2.05	2.31	2.38
Quick ratio	1.20	1.20	1.22	0.98	1.04	1.15	1.33	1.25
Debt / assets	24.23	32.04	25.17	23.80	17.49	9.43	20.17	21.87
LT debt / equity	46.69	70.04	46.83	46.84	30.18	13.92	33.66	37.90
Interest coverage	12.31	6.40	10.93	24.24	26.57	19.93	8.64	10.22
Revenue CAGR (3Y) %	17.56	19.38	7.23	7.46	8.69	14.68	10.23	5.16
Net income CAGR (3Y) %	20.66	17.52	21.08	11.63	32.43	28.12	9.91	-5.53
FCF CAGR (3Y) %	9.99	24.61	21.22	47.72	-5.24	16.16	-3.55	27.51

Line item	2025-03	2025-06	2025-09	2026-01	2026-04	2026-07
ROE %	13.38	12.21	11.32	11.16	11.05	11.26
ROA %	7.80	7.20	6.75	6.49	6.57	6.50
ROIC %	11.02	10.07	9.35	8.98	9.06	8.96
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	16.45	15.89	15.26	15.13	14.94	15.19
FCF / sales %	13.10	14.66	14.25	14.66	14.06	13.89
Current ratio	2.47	2.38	2.45	2.38	2.47	2.59
Quick ratio	1.38	1.30	1.38	1.25	1.30	1.39
Debt / assets	19.29	16.77	16.84	21.87	21.19	27.03
LT debt / equity	31.22	26.53	26.81	37.90	36.18	49.61
Interest coverage	8.95	9.40	10.50	10.22	10.07	9.61
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail

Industrial Processing is the largest reported line at 45.96% of revenue, across 3 reported segments.
Flow Control follows at 32.06%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

Industrial Processing45.96%

Flow Control32.06%

Material Handling21.98%

Quote time 2026-10-07 19:54:59 · For reference only, not investment advice and not tailored to your situation.