YOLFTbeta
Kadant Inc

Kadant Inc

KAI · NYSE · Industrials / Specialty Industrial Machinery

294.21USD-1.17 (-0.40%)

Price History

Full chart

Market Stats

Previous Close295.38
Open297.48
Day Range292.69 – 303.46
52-Week Range244.03 – 353.26
Volume70.90K
Market Cap3.19B
P/E (TTM)29.43
Forward P/E20.16
EPS9.17
Dividend Yield0.53%
Beta1.17
50-Day Avg302.64
200-Day Avg310.29

About

Kadant Inc. supplies technologies and engineered systems worldwide. The company operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems, equipment, and integrated technologies, such as rotary joints, syphons, Turbulator bars, expansion joints, and engineered steam and condensate systems, as well as doctor systems and holders, doctor blades, cleaning showers and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems. The Industrial Processing segment provides ring and rotary debarkers, stranders, chippers, engineered knife systems, and industrial automation and control products. This segment also offers recycling and approach flow systems, virgin pulping process equipment, boiler cleaning technologies, and single and double-screw presses. The Material Handling segment provides vibratory and conveying equipment; individual components and equipment for baling recyclable and waste materials; and fiber-based products. It sells its products and services through direct sales, independent sales agents, and distributors. The company was formerly known as Thermo Fibertek, Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc. was incorporated in 1991 and is headquartered in Westford, Massachusetts.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Jeffrey L. Powell
  • Employees4.00K
  • HeadquartersOne Technology Park Drive, Westford, MA, United States, 01886, USA
  • Websitehttps://kadant.com

Leadership

  • Mr. Jeffrey L. PowellPresident, CEO & Director · b. 1959
  • Mr. Michael J. McKenney CPAExecutive VP & CFO · b. 1962
  • Ms. Stacy D. KrauseSenior VP, General Counsel & Secretary · b. 1977
  • Mr. Michael C. ColwellSenior Vice President · b. 1966
  • Mr. Fredrik H. WesterhoutVice President · b. 1965
  • Ms. Deborah S. SelwoodSenior VP & Chief Accounting Officer · b. 1969
  • Ms. Dara F. MitchellSenior Vice President of Corporate Development · b. 1969
  • Mr. Wesley A. MartzVice President of Marketing
  • Mr. Bilal MehmoodPresident of Kadant Solutions
  • Mr. Orrin H. Bean C.F.A.Treasurer

Financials

Income Statement

Currency: USD1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue125.60M137.10M162.60M206.70M192.20M239.60M247.40M228.00M234.91M221.17M185.67M203.54M194.97M243.71M341.61M366.50M329.16M225.56M270.03M335.46M331.75M344.50M402.13M390.11M414.13M515.03M633.79M704.64M635.03M786.58M904.74M957.67M1.05B1.05B
Growth (%)-+9.16%+18.60%+27.12%-7.01%+24.66%+3.26%-7.84%+3.03%-5.85%-16.05%+9.62%-4.21%+25.00%+40.17%+7.28%-10.19%-31.47%+19.71%+24.23%-1.11%+3.84%+16.73%-2.99%+6.16%+24.37%+23.06%+11.18%-9.88%+23.87%+15.02%+5.85%+9.99%-0.11%
Cost of Revenue71.70M78.40M92.30M118.30M104.50M137.60M138.20M126.00M135.57M138.43M115.23M126.91M119.20M149.74M214.92M227.72M193.35M134.76M151.60M190.25M185.95M186.79M223.75M209.98M225.74M284.00M355.50M410.88M357.72M449.21M515.18M541.37M587.24M576.52M
Gross Profit53.90M58.70M70.30M88.40M87.70M102.00M109.20M102.00M99.34M82.74M70.44M76.63M75.77M93.97M126.69M138.78M135.80M90.81M118.42M145.21M145.80M157.70M178.37M180.13M188.39M231.03M278.28M293.76M277.31M337.37M389.56M416.31M466.15M475.73M
Gross Margin42.91%42.82%43.23%42.77%45.63%42.57%44.14%44.74%42.29%37.41%37.94%37.65%38.86%38.56%37.09%37.87%41.26%40.26%43.86%43.29%43.95%45.78%44.36%46.17%45.49%44.86%43.91%41.69%43.67%42.89%43.06%43.47%44.25%45.21%
Operating Expense43.00M47.50M54.30M61.20M61.20M81.20M88.00M82.50M79.46M64.90M51.55M58.46M49.90M79.62M95.62M101.40M104.46M86.46M94.27M107.88M109.36M124.40M136.29M130.01M142.82M170.28M189.68M205.94M196.18M220.66M218.27M250.55M294.90M318.44M
Operating Income10.90M11.20M16.00M27.20M26.50M20.80M21.20M19.50M19.88M17.84M18.89M18.17M25.87M14.35M31.07M37.38M31.35M4.34M24.16M37.34M36.44M33.30M42.09M50.12M45.57M60.75M88.60M87.82M81.12M116.71M171.28M165.76M171.25M157.29M
Operating Margin8.68%8.17%9.84%13.16%13.79%8.68%8.57%8.55%8.46%8.07%10.17%8.93%13.27%5.89%9.10%10.20%9.52%1.92%8.95%11.13%10.99%9.67%10.47%12.85%11.00%11.80%13.98%12.46%12.77%14.84%18.93%17.31%16.26%14.95%
EBITDA14.00M14.80M20.20M32.00M31.50M28.30M30.30M28.40M29.42M27.14M24.07M23.31M29.47M21.28M38.83M44.74M-3.54M11.79M31.39M45.27M44.82M46.08M56.51M61.45M61.41M90.84M117.71M114.07M112.11M151.18M207.05M200.71M222.69M210.38M
EBITDA Margin11.15%10.80%12.42%15.48%16.39%11.81%12.25%12.46%12.52%12.27%12.96%11.45%15.12%8.73%11.37%12.21%-1.08%5.23%11.62%13.50%13.51%13.38%14.05%15.75%14.83%17.64%18.57%16.19%17.65%19.22%22.89%20.96%21.14%19.99%
Net Income7.70M7.40M10.90M20.20M19.90M16.40M18.00M17.80M15.14M9.98M-26.80M11.82M654.00K6.88M17.10M22.67M-22.56M-5.92M18.51M33.58M31.62M23.42M28.66M34.39M32.08M31.09M60.41M52.07M55.20M84.04M120.93M116.07M111.60M101.97M
Net Income Margin6.13%5.40%6.70%9.77%10.35%6.84%7.28%7.81%6.45%4.51%-14.43%5.81%0.34%2.82%5.00%6.19%-6.85%-2.63%6.85%10.01%9.53%6.80%7.13%8.82%7.75%6.04%9.53%7.39%8.69%10.68%13.37%12.12%10.59%9.69%
R&D---4.10M5.50M6.80M7.00M7.30M7.69M6.61M4.82M4.65M3.08M4.89M6.20M5.96M6.19M5.62M5.27M5.72M5.95M6.72M6.16M6.68M7.38M9.56M10.55M10.88M11.30M11.40M12.72M13.56M14.32M15.26M
R&D as % of Total Revenue---1.98%2.86%2.84%2.83%3.20%3.27%2.99%2.60%2.29%1.58%2.01%1.82%1.63%1.88%2.49%1.95%1.70%1.79%1.95%1.53%1.71%1.78%1.86%1.66%1.54%1.78%1.45%1.41%1.42%1.36%1.45%
Interest Expense2.10M1.50M2.50M5.60M6.10M6.60M8.70M10.20M6.21M1.22M42.07M918.00K22.69M3.54M5.29M4.92M45.44M2.17M1.31M1.07M833.00K900.00K966.00K948.00K1.29M3.55M7.03M12.76M7.42M4.82M6.48M8.40M20.03M15.57M
Interest Expense % of Total Revenue1.67%1.09%1.54%2.71%3.17%2.75%3.52%4.47%2.64%0.55%22.66%0.45%11.64%1.45%1.55%1.34%13.80%0.96%0.49%0.32%0.25%0.26%0.24%0.24%0.31%0.69%1.11%1.81%1.17%0.61%0.72%0.88%1.90%1.48%

Balance Sheet

Currency: USD1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets131.50M142.60M162.40M199.70M257.20M418.90M427.10M442.60M414.21M367.65M231.52M271.71M285.24M355.81M393.08M437.07M356.92M307.66M336.77M358.40M358.95M442.17M413.75M415.50M470.69M761.09M725.75M939.39M927.57M1.13B1.15B1.18B1.43B1.71B
Total Liabilities61.70M67.10M71.50M89.50M126.00M280.50M275.90M275.20M241.37M183.80M49.96M59.60M72.78M147.14M154.10M156.86M162.52M113.63M129.47M134.77M108.98M171.75M148.29M147.55M186.41M428.59M351.18M512.31M430.67M566.60M494.31M399.43M572.22M721.11M
Total Equity66.50M70.80M84.70M109.60M130.90M138.10M150.90M164.10M170.63M183.56M181.26M211.76M212.46M207.63M237.97M278.75M192.72M194.03M205.84M223.63M248.58M270.42M265.46M267.94M284.28M332.50M374.57M425.69M495.36M565.62M653.85M773.70M847.13M979.81M
Cash44.20M27.60M37.30M57.00M109.80M111.60M115.50M39.30M62.46M102.81M44.43M74.45M82.09M40.82M39.63M61.55M40.14M45.67M61.80M46.95M54.55M50.20M45.79M66.94M73.57M76.85M46.12M68.27M66.64M94.16M79.72M106.45M94.66M122.68M
Total Debt16.60M16.40M15.70M15.00M-153.00M153.00M154.80M155.21M119.84M3.93M598.00K-29.73M53.98M40.70M55.41M23.25M22.75M12.25M6.88M38.63M25.86M31.25M66.41M242.08M175.82M329.62M260.07M269.95M223.44M135.61M322.84M374.50M
Net Debt-27.60M-11.20M-21.60M-42.00M-109.80M41.40M37.50M115.50M92.75M17.03M-40.50M-73.85M-82.09M-11.10M14.35M-20.85M15.27M-22.43M-39.05M-34.70M-47.68M-11.56M-19.93M-35.69M-7.16M165.23M129.70M261.35M193.43M175.35M143.71M29.16M228.18M251.82M

Cash Flow

Currency: USD1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow6.30M9.40M18.00M18.40M27.10M20.90M31.90M17.20M18.44M12.80M26.99M23.04M12.93M17.55M8.16M31.64M20.16M43.13M28.43M34.31M29.11M40.08M48.87M37.87M51.00M65.16M62.98M97.41M92.88M162.42M102.63M165.54M155.26M171.33M
Investing Cash Flow-22.70M-29.00M-5.30M-11.00M-19.40M-142.90M-21.00M-84.80M42.45M71.36M12.27M-3.23M-3.21M-106.42M-14.92M-5.00M-5.30M-4.04M-6.35M-21.89M-3.37M-68.16M-18.50M-5.45M-62.00M-221.88M-16.36M-187.36M-14.54M-154.47M-29.52M-30.79M-319.66M-205.42M
Financing Cash Flow39.30M4.60M-4.80M10.30M45.50M126.90M-6.20M-7.50M-33.71M-43.75M-101.37M4.54M-5.37M50.10M3.04M-6.67M-29.71M-35.30M-4.54M-27.04M-19.32M22.57M-32.33M-11.13M22.67M150.48M-74.16M112.45M-84.56M22.81M-80.57M-111.11M160.44M54.01M
Capital Expenditure3.50M2.40M3.10M3.50M3.90M3.80M8.80M7.00M6.36M4.59M3.34M4.02M2.19M3.25M4.10M4.91M6.20M2.80M3.41M8.03M4.25M6.26M6.75M5.48M5.80M17.28M16.56M9.96M7.59M12.77M28.20M31.85M21.00M17.05M
Free Cash Flow2.80M7.00M14.90M14.90M23.20M17.10M23.10M10.20M12.08M8.22M23.65M19.02M10.74M14.30M4.06M26.73M13.96M40.32M25.02M26.29M24.86M33.81M42.12M32.39M45.20M47.88M46.43M87.46M85.29M149.65M74.43M133.69M134.26M154.28M
Dividends Paid-----------------22.00M-5.00M5.00M4.19M6.34M7.18M8.04M9.01M9.64M10.20M10.90M11.46M12.00M13.22M14.67M15.78M
FCF to OCF44.44%74.47%82.78%80.98%85.61%81.82%72.41%59.30%65.53%64.16%87.61%82.54%83.07%81.51%49.80%84.49%69.26%93.50%88.01%76.60%85.40%84.38%86.18%85.53%88.62%73.48%73.71%89.78%91.82%92.14%72.52%80.76%86.47%90.05%
Dividend Paid to FCF-----------------54.56%-19.02%20.11%12.39%15.05%22.16%17.78%18.82%20.77%11.66%12.78%7.66%16.12%9.89%10.93%10.22%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Oct 24, 2001Feb 11, 2002May 1, 2002Jul 24, 2002Oct 23, 2002Feb 13, 2003Apr 30, 2003Jul 23, 2003Oct 22, 2003Feb 19, 2004Apr 28, 2004Jul 28, 2004Oct 27, 2004Feb 16, 2005Apr 27, 2005Aug 3, 2005Nov 2, 2005Feb 15, 2006May 3, 2006Aug 2, 2006Nov 1, 2006Feb 14, 2007May 2, 2007Jul 25, 2007Oct 24, 2007Feb 14, 2008Apr 23, 2008Jul 23, 2008Oct 22, 2008Mar 5, 2009May 6, 2009Aug 5, 2009Nov 4, 2009Feb 25, 2010Apr 28, 2010Jul 28, 2010Oct 27, 2010Feb 24, 2011Apr 27, 2011Jul 27, 2011Oct 26, 2011Feb 22, 2012Apr 26, 2012Jul 30, 2012Oct 29, 2012Feb 26, 2013Apr 30, 2013Jul 29, 2013Nov 4, 2013Feb 19, 2014Apr 29, 2014Jul 28, 2014Oct 27, 2014Feb 25, 2015May 4, 2015Aug 5, 2015Nov 4, 2015Feb 24, 2016May 2, 2016Aug 3, 2016Nov 1, 2016Feb 22, 2017May 2, 2017Aug 1, 2017Oct 30, 2017Feb 15, 2018Apr 30, 2018Jul 30, 2018Oct 29, 2018Feb 13, 2019Apr 29, 2019Jul 30, 2019Oct 29, 2019Feb 12, 2020Apr 29, 2020Jul 28, 2020Oct 27, 2020Feb 17, 2021May 4, 2021Aug 3, 2021Nov 2, 2021Feb 16, 2022May 3, 2022Aug 2, 2022Nov 1, 2022Feb 15, 2023May 2, 2023Aug 1, 2023Oct 31, 2023Feb 14, 2024Apr 30, 2024Jul 30, 2024Oct 29, 2024Feb 12, 2025Apr 29, 2025Jul 29, 2025Oct 28, 2025Feb 18, 2026May 5, 2026Aug 4, 2026Oct 27, 2026
EPS Estimate--------------0.160.140.060.140.21-0.190.250.19-0.190.230.19-0.140.210.200.13-0.350.370.270.230.380.37-0.290.420.36-0.01-0.11-0.11-0.080.400.22-0.370.530.430.66-0.540.490.40-0.560.510.490.470.660.540.740.580.730.740.800.580.650.650.630.690.911.141.080.960.971.381.351.141.121.271.280.880.740.971.541.361.531.672.312.102.052.132.022.162.122.282.121.962.432.432.081.971.942.162.192.212.943.07
EPS Actual0.340.420.330.350.620.240.130.400.330.350.330.280.250.200.170.140.070.180.20-2.340.220.270.190.160.190.230.22-0.380.160.220.180.070.190.400.410.320.330.440.490.530.360.500.47-3.250.02-0.040.05-0.140.270.420.300.420.470.610.470.590.600.560.660.440.470.520.570.520.590.740.630.810.630.780.780.950.720.880.810.690.801.041.491.141.071.071.531.661.241.421.411.321.091.061.311.541.432.011.972.312.282.242.382.332.402.542.692.412.382.812.842.252.102.312.592.272.843.42-
Surprise--------------6.25%0.00%16.67%28.57%-4.76%-15.79%8.00%0.00%-0.00%0.00%15.79%-14.29%4.76%-10.00%-46.15%-14.29%10.81%18.52%43.48%15.79%32.43%-24.14%19.05%30.56%-100.00%63.64%145.45%-237.50%5.00%36.36%-27.03%15.09%9.30%-10.61%-3.70%34.69%10.00%--7.14%11.76%6.12%25.53%12.12%16.67%9.46%8.62%6.85%5.41%18.75%24.14%35.38%24.62%9.52%15.94%14.29%30.70%5.56%11.46%10.31%10.87%22.96%8.77%26.79%11.02%3.13%23.86%43.24%35.05%0.00%5.15%31.37%17.96%0.00%8.57%9.27%11.74%15.35%11.11%19.81%17.98%13.68%21.43%15.64%16.87%8.17%6.60%19.07%19.91%3.65%28.51%16.33%-
Timing--------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hours-

Key Statistics & Ratios

Market Cap3.19B
Enterprise Value3.52B
Trailing P/E29.43
Forward P/E20.16
PEG Ratio3.23
Price / Sales2.77
Price / Book3.21
EPS9.17
Book Value86.62
Revenue (TTM)1.15B
Gross Profit (TTM)516.14M
EBITDA240.51M
Profit Margin9.52%
Operating Margin16.84%
Return on Equity11.29%
Return on Assets6.79%
Shares Outstanding11.81M
Shares Float11.67M
Beta1.17
Dividend Yield0.53%
Dividend Rate1.44
Payout Ratio12.77%

Analyst Ratings

Buy
Based on 4 analystsTarget 361.67
  • Strong Buy
    1
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
113.87%
Insiders
0.71%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    1.74M14.71%
  • Kayne Anderson Rudnick Investment Management LLC
    1.16M9.84%
  • Wasatch Advisors LP
    868.70K7.36%
  • Vanguard Portfolio Management, LLC
    701.94K5.94%
  • Vanguard Capital Management, LLC
    529.05K4.48%
  • State Street Corp
    460.51K3.90%
  • Capital Research & Mgmt Co - Division 3
    454.55K3.85%
  • Neuberger Berman Group LLC
    369.49K3.13%
  • Geode Capital Management, LLC
    319.62K2.71%
  • Dimensional Fund Advisors, Inc.
    287.24K2.43%
  • Capital World Investors
    253.81K2.15%
  • Royce & Associates, LP
    237.95K2.01%
  • Grandeur Peak Global Advisors, LLC
    211.04K1.79%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    719.77K6.10%
  • American Funds SMALLCAP World A
    687.39K5.82%
  • Vanguard MStar Total Stk Mkt Idx Invest
    376.46K3.19%
  • iShares Russell 2000 ETF
    307.37K2.60%
  • Vanguard Small Cap Index
    272.03K2.30%
  • Wasatch Core Growth
    234.75K1.99%
  • Virtus KAR Small-Cap Core I
    195.69K1.66%

Dividends

20264×
0.36Oct 15, 20260.36Jul 16, 20260.36Apr 15, 20260.34Jan 8, 2026
20254×
0.34Oct 9, 20250.34Jul 10, 20250.34Apr 9, 20250.32Jan 10, 2025
20244×
0.32Oct 10, 20240.32Jul 11, 20240.32Apr 9, 20240.29Jan 3, 2024
20234×
0.29Oct 11, 20230.29Jul 12, 20230.29Apr 11, 20230.26Jan 4, 2023
20224×
0.26Oct 12, 20220.26Jul 13, 20220.26Apr 12, 20220.25Jan 5, 2022
20214×
0.25Oct 13, 20210.25Jul 14, 20210.25Apr 13, 20210.24Jan 6, 2021

Stock Splits

  • Jul 12, 20011:5
  • Jun 27, 19963:2
  • Sep 18, 19953:2