KAI
Kadant Inc
NYSE: KAI · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$306.15
-1.10% today
Updated 2026-04-29
Market cap
$3.61B
P/E ratio
35.43
P/S ratio
3.44x
EPS (TTM)
$8.64
Dividend yield
0.44%
52W range
$244 – $369
Volume
0.2M
Kadant Inc (KAI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $341.61M | $366.50M | $329.16M | $225.56M | $270.03M | $335.46M | $331.75M | $344.50M | $402.13M | $390.11M | $414.13M | $515.03M | $633.79M | $704.64M | $635.03M | $786.58M | $904.74M | $957.67M | $1.05B | $1.05B |
| Revenue growth (YoY) | — | +7.3% | -10.2% | -31.5% | +19.7% | +24.2% | -1.1% | +3.8% | +16.7% | -3.0% | +6.2% | +24.4% | +23.1% | +11.2% | -9.9% | +23.9% | +15.0% | +5.9% | +10.0% | -0.1% |
| Cost of revenue | $214.92M | $227.72M | $193.35M | $134.76M | $151.60M | $190.25M | $185.95M | $186.79M | $223.75M | $209.98M | $225.74M | $284.00M | $355.50M | $410.88M | $357.72M | $449.21M | $515.18M | $541.37M | $587.24M | $576.52M |
| Gross profit | $126.69M | $138.78M | $135.80M | $90.81M | $118.42M | $145.21M | $145.80M | $157.70M | $178.37M | $180.13M | $188.39M | $231.03M | $278.28M | $293.76M | $277.31M | $337.37M | $389.56M | $416.31M | $466.15M | $475.73M |
| Gross margin | 37.1% | 37.9% | 41.3% | 40.3% | 43.9% | 43.3% | 43.9% | 45.8% | 44.4% | 46.2% | 45.5% | 44.9% | 43.9% | 41.7% | 43.7% | 42.9% | 43.1% | 43.5% | 44.3% | 45.2% |
| R&D | $6.20M | $5.96M | $6.19M | $5.62M | $5.27M | $5.72M | $5.95M | $6.72M | $6.16M | $6.68M | $7.38M | $9.56M | $10.55M | $10.88M | $11.30M | $11.40M | $12.72M | $13.56M | $14.32M | $15.26M |
| SG&A | $90.20M | $95.60M | $100.30M | $81.20M | $89.20M | $102.66M | $103.10M | $117.60M | $129.30M | $122.81M | $135.75M | $154.38M | $176.09M | $191.68M | $181.91M | $208.79M | $224.41M | $236.26M | $279.92M | $301.86M |
| Operating income | $31.07M | $37.38M | $31.35M | $4.34M | $24.16M | $37.34M | $36.44M | $33.30M | $42.09M | $50.12M | $45.57M | $60.75M | $88.60M | $87.82M | $81.12M | $116.71M | $171.28M | $165.76M | $171.25M | $157.29M |
| Operating margin | 9.1% | 10.2% | 9.5% | 1.9% | 8.9% | 11.1% | 11.0% | 9.7% | 10.5% | 12.8% | 11.0% | 11.8% | 14.0% | 12.5% | 12.8% | 14.8% | 18.9% | 17.3% | 16.3% | 14.9% |
| EBITDA | $38.83M | $44.74M | $-3.54M | $11.79M | $31.39M | $45.27M | $44.82M | $46.08M | $56.51M | $61.45M | $61.41M | $90.84M | $117.71M | $114.07M | $112.11M | $151.18M | $207.05M | $200.71M | $222.69M | $208.51M |
| EBITDA margin | 11.4% | 12.2% | -1.1% | 5.2% | 11.6% | 13.5% | 13.5% | 13.4% | 14.1% | 15.8% | 14.8% | 17.6% | 18.6% | 16.2% | 17.7% | 19.2% | 22.9% | 21.0% | 21.1% | 19.8% |
| EBIT | $31.07M | $37.38M | $-11.07M | $4.34M | $24.16M | $37.34M | $36.44M | $36.31M | $45.32M | $50.63M | $47.09M | $71.47M | $94.14M | $81.68M | $80.78M | $116.87M | $172.11M | $167.41M | $173.10M | $157.29M |
| Interest expense | $5.29M | $4.92M | $45.44M | $2.17M | $1.31M | $1.07M | $833000.00 | $900000.00 | $966000.00 | $948000.00 | $1.29M | $3.55M | $7.03M | $12.76M | $7.42M | $4.82M | $6.48M | $8.40M | $20.03M | $15.57M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $17.10M | $22.67M | $-22.56M | $-5.92M | $18.51M | $33.58M | $31.62M | $23.42M | $28.66M | $34.39M | $32.08M | $31.09M | $60.41M | $52.07M | $55.20M | $84.04M | $120.93M | $116.07M | $111.60M | $101.97M |
| Net income growth (YoY) | — | +32.6% | -199.5% | +73.7% | +412.4% | +81.4% | -5.8% | -25.9% | +22.4% | +20.0% | -6.7% | -3.1% | +94.3% | -13.8% | +6.0% | +52.3% | +43.9% | -4.0% | -3.9% | -8.6% |
| Profit margin | 5.0% | 6.2% | -6.9% | -2.6% | 6.9% | 10.0% | 9.5% | 6.8% | 7.1% | 8.8% | 7.7% | 6.0% | 9.5% | 7.4% | 8.7% | 10.7% | 13.4% | 12.1% | 10.6% | 9.7% |