Kadant (KAI) Financials

$305.89 -3.04 (-0.98%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$305.63 -0.26 (-0.09%)

As of 05/23/2025 04:04 PM Eastern

Annual Income Statements for Kadant

This table shows Kadant's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/28/2024	12/30/2023	12/31/2022	1/1/2022	1/2/2021	12/28/2019	12/29/2018	12/30/2017	12/31/2016	1/2/2016
Net Income / (Loss) Attributable to Common Shareholders	112	116	121	84	55	52	60	31	32	34
Consolidated Net Income / (Loss)	113	117	122	85	56	53	61	32	32	35
Net Income / (Loss) Continuing Operations	113	117	122	85	56	53	61	32	32	35
Total Pre-Tax Income	153	159	166	112	74	69	80	58	45	49
Total Operating Income	171	166	171	117	81	88	89	62	47	50
Total Gross Profit	466	416	390	337	277	294	278	231	189	180
Total Revenue	1,053	958	905	787	635	705	634	515	414	390
Operating Revenue	1,053	958	905	787	635	705	634	515	414	390
Total Cost of Revenue	587	541	515	449	358	411	356	284	226	210
Operating Cost of Revenue	587	541	515	449	358	411	356	284	226	210
Total Operating Expenses	295	251	218	221	196	206	190	170	142	130
Selling, General & Admin Expense	280	236	224	209	182	193	177	160	135	123
Research & Development Expense	14	14	13	11	11	11	11	9.56	7.38	6.68
Impairment Charge	0.66	0.72	-19	0.47	2.98	2.53	-	-	-	-
Total Other Income / (Expense), net	-18	-6.74	-5.65	-4.66	-7.44	-19	-9.07	-3.97	-2.09	-0.75
Interest Expense	20	8.40	6.48	4.82	7.42	13	7.03	3.55	1.29	0.95
Interest & Investment Income	1.92	1.76	0.90	0.27	0.18	0.21	0.38	0.45	0.27	0.20
Other Income / (Expense), net	-0.07	-0.10	-0.07	-0.10	-0.20	-6.36	-2.42	-0.87	-1.07	-
Income Tax Expense	41	42	44	27	18	16	18	26	12	15
Net Income / (Loss) Attributable to Noncontrolling Interest	0.96	0.74	0.80	0.84	0.54	0.50	0.63	0.49	0.39	0.29
Basic Earnings per Share	$9.51	$9.92	$10.38	$7.26	$4.81	$4.63	$5.45	$2.83	$2.95	$3.16
Weighted Average Basic Shares Outstanding	11.74M	11.70M	11.65M	11.58M	11.48M	11.24M	11.09M	10.99M	10.87M	10.87M
Diluted Earnings per Share	$9.48	$9.90	$10.35	$7.21	$4.77	$4.54	$5.30	$2.75	$2.88	$3.10
Weighted Average Diluted Shares Outstanding	11.77M	11.73M	11.69M	11.66M	11.56M	11.46M	11.40M	11.31M	11.15M	11.09M
Weighted Average Basic & Diluted Shares Outstanding	11.75M	11.72M	11.67M	11.62M	11.54M	11.42M	11.10M	11M	10.90M	10.90M
Cash Dividends to Common per Share	$1.28	$1.16	$1.04	$1.00	$0.96	$0.92	$0.88	$0.84	$0.76	$0.68

This table shows Kadant's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Net Income / (Loss) Attributable to Common Shareholders	24	24	32	31	25	27	31	30	28	26	27
Consolidated Net Income / (Loss)	24	24	32	32	25	28	31	30	28	26	28
Net Income / (Loss) Continuing Operations	24	24	32	32	25	28	31	30	28	26	28
Total Pre-Tax Income	32	33	44	44	33	38	42	41	38	37	37
Total Operating Income	36	37	49	48	37	39	44	43	40	39	39
Total Gross Profit	110	112	121	122	111	102	106	107	102	100	95
Total Revenue	239	258	272	275	249	239	244	245	230	232	225
Operating Revenue	239	258	272	275	249	239	244	245	230	232	225
Total Cost of Revenue	129	146	150	153	138	137	138	139	128	132	129
Operating Cost of Revenue	129	146	150	153	138	137	138	139	128	132	129
Total Operating Expenses	75	75	72	73	74	63	62	63	62	61	56
Selling, General & Admin Expense	71	71	69	70	70	60	58	60	59	57	53
Research & Development Expense	3.52	3.70	3.41	3.48	3.73	3.46	3.32	3.41	3.37	3.15	3.25
Total Other Income / (Expense), net	-3.32	-4.13	-5.13	-4.84	-4.09	-1.01	-1.69	-1.95	-2.09	-1.92	-1.47
Interest Expense	3.82	4.64	5.52	5.20	4.67	1.68	2.11	2.25	2.37	2.16	1.72
Interest & Investment Income	0.52	0.53	0.41	0.37	0.61	0.71	0.44	0.32	0.30	0.25	0.27
Other Income / (Expense), net	-0.02	-0.02	-0.02	-0.00	-0.03	-0.04	-0.02	-0.02	-0.02	-0.01	-0.02
Income Tax Expense	7.83	8.71	12	12	7.85	10	11	11	9.76	11	9.75
Net Income / (Loss) Attributable to Noncontrolling Interest	0.37	0.07	0.31	0.28	0.30	0.17	0.18	0.21	0.18	0.13	0.18
Basic Earnings per Share	$2.05	$2.05	$2.69	$2.66	$2.11	$2.34	$2.64	$2.54	$2.40	$2.24	$2.36
Weighted Average Basic Shares Outstanding	11.76M	11.74M	11.75M	11.74M	11.72M	11.70M	11.71M	11.70M	11.68M	11.65M	11.66M
Diluted Earnings per Share	$2.04	$2.04	$2.68	$2.66	$2.10	$2.33	$2.63	$2.54	$2.40	$2.23	$2.35
Weighted Average Diluted Shares Outstanding	11.78M	11.77M	11.78M	11.77M	11.74M	11.73M	11.74M	11.72M	11.69M	11.69M	11.70M
Weighted Average Basic & Diluted Shares Outstanding	11.78M	11.75M	11.75M	11.74M	11.74M	11.72M	11.71M	11.71M	11.70M	11.67M	11.66M
Cash Dividends to Common per Share	$0.34	-	$0.32	$0.32	$0.32	-	$0.29	$0.29	$0.29	-	$0.26

This table details how cash moves in and out of Kadant's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/28/2024	12/30/2023	12/31/2022	1/1/2022	1/2/2021	12/28/2019	12/29/2018	12/30/2017	12/31/2016	1/2/2016
Net Change in Cash & Equivalents	-11	27	-14	28	-1.63	22	-28	3.28	5.85	20
Net Cash From Operating Activities	155	166	103	162	93	97	63	65	51	40
Net Cash From Continuing Operating Activities	155	166	103	162	93	97	63	65	51	40
Net Income / (Loss) Continuing Operations	113	117	122	85	56	53	61	32	32	35
Consolidated Net Income / (Loss)	113	117	122	85	56	53	61	32	32	34
Depreciation Expense	50	33	35	34	31	32	24	19	14	11
Non-Cash Adjustments To Reconcile Net Income	19	14	-3.06	15	14	20	-1.12	7.70	5.17	5.24
Changes in Operating Assets and Liabilities, net	-26	1.34	-51	28	-7.89	-8.00	-21	6.51	-0.96	-10
Net Cash From Investing Activities	-319	-31	-30	-154	-15	-187	-16	-222	-62	-5.45
Net Cash From Continuing Investing Activities	-319	-31	-30	-154	-15	-187	-16	-222	-62	-5.45
Purchase of Property, Plant & Equipment	-21	-32	-28	-13	-7.60	-9.96	-17	-17	-5.80	-5.48
Acquisitions	-300	-0.91	-3.47	-144	-7.10	-178	0.00	-205	-57	0.00
Sale of Property, Plant & Equipment	1.29	1.64	2.11	1.74	0.15	0.40	0.20	0.13	0.43	0.03
Other Investing Activities, net	0.91	0.33	0.04	0.54	0.00	0.00	-	-	-	-
Net Cash From Financing Activities	160	-111	-81	23	-85	112	-74	150	23	-14
Net Cash From Continuing Financing Activities	160	-111	-81	23	-85	112	-74	150	23	-14
Repayment of Debt	-124	-94	-87	-116	-100	-126	-111	-69	-18	-19
Payment of Dividends	-16	-13	-13	-12	-11	-11	-10	-9.89	-8.04	-7.18
Issuance of Debt	305	0.00	22	152	26	247	50	232	51	24
Issuance of Common Equity	1.61	0.00	1.38	1.89	3.21	5.18	0.81	0.00	2.35	0.75
Other Financing Activities, net	-6.40	-3.92	-4.61	-3.43	-2.60	-2.69	-3.89	-2.21	-3.66	-2.68
Effect of Exchange Rate Changes	-6.55	3.08	-6.97	-3.23	4.58	-0.35	-	9.52	-5.83	-1.15

This table details how cash moves in and out of Kadant's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Net Change in Cash & Equivalents	-2.14	6.21	15	-7.44	-24	27	8.86	-15	5.78	4.61	-2.91
Net Cash From Operating Activities	23	52	52	28	23	59	47	22	37	35	25
Net Cash From Continuing Operating Activities	23	51	52	28	23	59	47	22	37	35	25
Net Income / (Loss) Continuing Operations	24	24	32	32	25	28	31	30	28	26	28
Consolidated Net Income / (Loss)	24	24	32	32	25	28	31	30	28	26	28
Depreciation Expense	12	13	13	12	12	8.38	8.23	8.24	8.45	8.55	8.46
Non-Cash Adjustments To Reconcile Net Income	4.85	6.88	4.14	3.88	3.63	4.51	3.12	3.39	3.08	1.43	3.59
Changes in Operating Assets and Liabilities, net	-18	7.18	3.66	-19	-18	19	4.58	-19	-2.92	-1.02	-15
Net Cash From Investing Activities	-3.84	-3.27	-14	-64	-237	-11	-7.16	-8.44	-4.47	-16	-6.03
Net Cash From Continuing Investing Activities	-3.84	-3.27	-14	-64	-237	-11	-7.16	-8.44	-4.47	-16	-6.03
Purchase of Property, Plant & Equipment	-3.84	-5.58	-4.19	-4.97	-6.27	-9.76	-8.85	-8.78	-4.47	-12	-6.38
Acquisitions	0.00	1.69	-10	-59	-232	-1.18	-	0.28	0.00	-3.61	0.20
Sale of Property, Plant & Equipment	0.00	-0.03	0.02	0.03	1.27	1.10	0.44	0.07	0.03	0.02	0.15
Net Cash From Financing Activities	-23	-37	-26	30	193	-25	-29	-29	-28	-18	-17
Net Cash From Continuing Financing Activities	-23	-37	-26	30	193	-25	-29	-29	-28	-18	-17
Repayment of Debt	-23	-33	-32	-26	-33	-22	-26	-25	-21	-17	-18
Payment of Dividends	-4.59	-3.76	-3.76	-5.10	-3.40	-3.40	-3.40	-3.39	-3.04	-3.03	-3.66
Issuance of Debt	8.00	-	10	61	234	-	-	-	0.00	0.50	5.04
Issuance of Common Equity	2.10	-	-	-	1.61	-	-	-	0.00	-	-
Other Financing Activities, net	-6.04	-	-0.01	-0.54	-5.86	-	-	-0.02	-3.90	-	-0.02
Effect of Exchange Rate Changes	1.95	-5.55	2.49	-1.18	-2.31	4.34	-1.83	-0.56	1.14	3.50	-5.06

This table presents Kadant's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/28/2024	12/30/2023	12/31/2022	1/1/2022	1/2/2021	12/28/2019	12/29/2018	12/30/2017	12/31/2016	1/2/2016
Total Assets	1,430	1,176	1,150	1,132	928	939	726	761	471	415
Total Current Assets	442	440	415	384	290	298	253	266	207	205
Cash & Equivalents	95	104	76	91	66	67	46	75	71	66
Restricted Cash	1.29	2.62	3.35	2.98	0.96	1.49	0.29	1.42	2.08	1.41
Accounts Receivable	142	134	130	126	99	109	108	92	69	71
Inventories, net	146	153	164	134	107	103	86	85	55	57
Other Current Assets	58	47	42	30	17	18	12	12	9.80	11
Plant, Property, & Equipment, net	0.00	0.00	119	108	0.00	0.00	80	80	48	42
Total Noncurrent Assets	988	735	616	640	638	642	393	415	216	168
Goodwill	479	392	385	397	352	336	258	268	151	119
Intangible Assets	279	159	176	199	161	174	113	133	53	38
Other Noncurrent Operating Assets	229	184	55	44	125	132	21	14	11	11
Total Liabilities & Shareholders' Equity	1,430	1,176	1,150	1,132	928	939	726	761	471	415
Total Liabilities	572	399	494	567	431	512	351	429	186	148
Total Current Liabilities	192	214	213	221	135	146	129	132	89	97
Short-Term Debt	3.38	3.21	3.82	5.36	1.47	2.85	1.67	0.70	0.64	5.25
Accounts Payable	51	42	58	59	32	46	36	35	24	24
Accrued Expenses	11	8.15	-	-	-	-	-	-	-	-
Customer Deposits	36	63	64	59	29	24	27	30	21	20
Current Deferred Revenue	7.64	12	7.97	12	8.51	11	5.53	7.32	1.27	-
Current Employee Benefit Liabilities	44	42	36	37	31	32	31	30	21	20
Other Current Liabilities	39	44	44	49	32	30	28	29	21	22
Total Noncurrent Liabilities	381	185	281	345	296	366	222	296	97	51
Long-Term Debt	285	108	197	264	232	298	174	241	66	26
Noncurrent Deferred & Payable Income Tax Liabilities	42	36	39	35	22	20	23	29	15	8.99
Other Noncurrent Operating Liabilities	54	41	45	46	42	48	25	26	17	16
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	858	776	656	566	497	427	375	333	284	268
Total Preferred & Common Equity	847	774	654	564	495	426	373	331	283	267
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	847	774	654	564	495	426	373	331	283	267
Common Stock	130	125	120	116	111	107	105	103	102	101
Retained Earnings	860	763	661	552	479	435	394	343	321	297
Treasury Stock	-71	-71	-72	-74	-76	-79	-86	-89	-90	-94
Accumulated Other Comprehensive Income / (Loss)	-72	-43	-55	-30	-19	-38	-39	-27	-50	-37
Noncontrolling Interest	11	2.54	1.72	1.68	1.55	1.38	1.60	1.51	1.65	1.34

This table presents Kadant's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/29/2025	9/28/2024	6/29/2024	3/30/2024	9/30/2023	7/1/2023	4/1/2023	10/1/2022
Total Assets	1,435	1,489	1,456	1,409	1,154	1,161	1,169	1,107
Total Current Assets	447	470	455	455	436	436	450	401
Cash & Equivalents	92	88	74	81	77	67	81	73
Restricted Cash	2.13	1.33	1.37	1.18	2.26	3.47	4.32	2.18
Accounts Receivable	146	155	150	150	140	148	131	128
Inventories, net	154	169	174	172	164	176	179	157
Other Current Assets	53	56	57	51	53	41	54	41
Plant, Property, & Equipment, net	171	175	174	171	129	126	120	105
Total Noncurrent Assets	818	845	827	784	589	600	599	600
Goodwill	485	493	478	460	384	389	388	373
Intangible Assets	275	292	290	274	161	167	171	174
Other Noncurrent Operating Assets	59	60	59	50	44	44	39	54
Total Liabilities & Shareholders' Equity	1,435	1,489	1,456	1,409	1,154	1,161	1,169	1,107
Total Liabilities	549	627	638	615	420	448	485	497
Total Current Liabilities	181	205	202	222	214	213	226	213
Short-Term Debt	3.38	3.26	3.23	3.24	3.12	3.46	3.35	1.55
Accounts Payable	49	51	54	56	44	49	58	53
Accrued Expenses	10	-	-	-	-	-	-	-
Customer Deposits	36	46	48	66	67	71	80	69
Current Deferred Revenue	10	9.55	11	11	10	12	10	7.96
Current Employee Benefit Liabilities	35	43	38	36	37	32	30	36
Other Current Liabilities	37	52	47	51	51	46	44	45
Total Noncurrent Liabilities	368	421	436	393	207	235	259	284
Long-Term Debt	273	323	342	307	126	153	179	208
Noncurrent Deferred & Payable Income Tax Liabilities	43	41	41	41	38	39	40	35
Other Noncurrent Operating Liabilities	52	57	52	45	43	43	41	41
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	887	863	818	795	734	713	684	610
Total Preferred & Common Equity	876	852	808	783	732	711	682	608
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	876	852	808	783	732	711	682	608
Common Stock	128	128	125	122	123	120	118	117
Retained Earnings	880	839	812	784	739	712	685	638
Treasury Stock	-70	-71	-71	-71	-71	-72	-72	-73
Accumulated Other Comprehensive Income / (Loss)	-62	-45	-58	-53	-59	-50	-49	-74
Noncontrolling Interest	11	11	11	12	2.27	2.15	1.94	1.46

This table displays calculated financial ratios and metrics derived from Kadant's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/28/2024	12/30/2023	12/31/2022	1/1/2022	1/2/2021	12/28/2019	12/29/2018	12/30/2017	12/31/2016	1/2/2016
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.99%	5.85%	15.02%	23.87%	-9.88%	11.18%	23.06%	24.37%	6.16%	-2.99%
EBITDA Growth	10.97%	-3.49%	36.60%	34.42%	-1.40%	3.74%	36.97%	33.77%	-1.71%	14.39%
EBIT Growth	3.34%	-3.24%	46.83%	44.08%	-0.66%	-5.47%	41.85%	33.31%	-9.07%	19.09%
NOPAT Growth	3.42%	-3.27%	42.38%	44.07%	-8.38%	-1.51%	101.45%	-0.68%	-3.25%	19.22%
Net Income Growth	-3.64%	-4.05%	43.41%	52.28%	6.04%	-13.89%	93.29%	-2.73%	-6.38%	19.40%
EPS Growth	-4.24%	-4.35%	43.55%	51.15%	5.07%	-14.34%	92.73%	-4.51%	-7.10%	21.09%
Operating Cash Flow Growth	-6.21%	61.31%	-36.82%	74.86%	-4.65%	54.66%	-3.34%	27.77%	26.33%	-21.02%
Free Cash Flow Firm Growth	-222.03%	31.46%	703.63%	-80.54%	164.87%	-244.10%	132.90%	-1,618.92%	-146.95%	-23.10%
Invested Capital Growth	34.59%	0.47%	4.86%	11.64%	0.59%	30.85%	1.31%	79.61%	19.32%	5.44%
Revenue Q/Q Growth	1.87%	0.69%	1.52%	6.80%	-2.19%	2.73%	2.39%	10.49%	-1.75%	0.62%
EBITDA Q/Q Growth	1.21%	-0.07%	3.14%	8.04%	6.06%	-4.52%	4.62%	11.64%	-4.67%	3.55%
EBIT Q/Q Growth	-1.19%	0.02%	4.54%	8.97%	8.62%	-8.59%	6.60%	9.81%	-7.60%	4.47%
NOPAT Q/Q Growth	-0.89%	0.59%	1.80%	9.80%	4.12%	-8.50%	42.70%	-18.16%	-4.96%	3.87%
Net Income Q/Q Growth	-2.99%	1.17%	1.54%	10.38%	15.54%	-15.56%	40.70%	-17.93%	-7.52%	3.90%
EPS Q/Q Growth	-2.97%	1.02%	1.57%	10.24%	15.78%	-16.08%	41.71%	-18.64%	-7.99%	4.38%
Operating Cash Flow Q/Q Growth	-4.52%	17.01%	-20.12%	14.63%	1.13%	42.00%	-26.24%	34.10%	8.37%	-17.19%
Free Cash Flow Firm Q/Q Growth	23.47%	45.82%	-41.59%	141.30%	-12.99%	16.85%	-14.58%	1.54%	32.57%	-9.85%
Invested Capital Q/Q Growth	-4.44%	-0.44%	4.43%	-4.29%	-0.43%	-2.06%	2.08%	-3.97%	-3.53%	-1.33%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	44.25%	43.47%	43.06%	42.89%	43.67%	41.69%	43.91%	44.88%	45.53%	46.17%
EBITDA Margin	20.96%	20.77%	22.79%	19.19%	17.68%	16.16%	17.32%	15.56%	14.46%	15.62%
Operating Margin	16.26%	17.31%	18.93%	14.84%	12.77%	12.46%	13.98%	11.97%	11.26%	12.85%
EBIT Margin	16.25%	17.30%	18.92%	14.82%	12.74%	11.56%	13.60%	11.80%	11.00%	12.85%
Profit (Net Income) Margin	10.69%	12.20%	13.45%	10.79%	8.78%	7.46%	9.63%	6.13%	7.84%	8.89%
Tax Burden Percent	73.53%	73.46%	73.49%	75.75%	75.64%	76.27%	76.76%	54.78%	72.88%	70.25%
Interest Burden Percent	89.42%	95.99%	96.74%	96.09%	91.05%	84.60%	92.28%	94.90%	97.75%	98.51%
Effective Tax Rate	26.47%	26.54%	26.51%	24.25%	24.36%	23.73%	23.24%	45.22%	27.12%	29.90%
Return on Invested Capital (ROIC)	13.75%	15.63%	16.59%	12.59%	9.27%	11.51%	13.57%	8.71%	13.35%	15.53%
ROIC Less NNEP Spread (ROIC-NNEP)	0.18%	7.76%	13.79%	10.53%	6.46%	3.55%	8.85%	5.96%	20.45%	16.64%
Return on Net Nonoperating Assets (RNNOA)	0.02%	0.68%	3.35%	3.39%	2.79%	1.61%	3.69%	1.53%	-1.59%	-2.52%
Return on Equity (ROE)	13.77%	16.32%	19.94%	15.98%	12.06%	13.11%	17.27%	10.24%	11.76%	13.00%
Cash Return on Invested Capital (CROIC)	-15.74%	15.16%	11.84%	1.59%	8.68%	-15.22%	12.27%	-48.23%	-4.27%	10.23%
Operating Return on Assets (OROA)	13.14%	14.25%	15.00%	11.32%	8.67%	9.78%	11.59%	9.86%	10.29%	12.09%
Return on Assets (ROA)	8.64%	10.05%	10.67%	8.24%	5.97%	6.31%	8.21%	5.13%	7.33%	8.37%
Return on Common Equity (ROCE)	13.66%	16.27%	19.88%	15.93%	12.03%	13.07%	17.19%	10.19%	11.70%	12.94%
Return on Equity Simple (ROE_SIMPLE)	13.29%	15.10%	18.62%	15.05%	11.25%	12.35%	16.37%	9.54%	11.49%	13.01%
Net Operating Profit after Tax (NOPAT)	126	122	126	88	61	67	68	34	34	35
NOPAT Margin	11.95%	12.71%	13.91%	11.24%	9.66%	9.51%	10.73%	6.55%	8.21%	9.01%
Net Nonoperating Expense Percent (NNEP)	13.57%	7.87%	2.80%	2.06%	2.82%	7.95%	4.72%	2.75%	-7.11%	-1.11%
Return On Investment Capital (ROIC_SIMPLE)	10.98%	13.73%	14.69%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	55.75%	56.53%	56.94%	57.11%	56.33%	58.31%	56.09%	55.12%	54.47%	53.83%
SG&A Expenses to Revenue	26.57%	24.67%	24.80%	26.54%	28.65%	27.32%	27.99%	31.02%	32.56%	31.48%
R&D to Revenue	1.36%	1.42%	1.41%	1.45%	1.78%	1.54%	1.66%	1.86%	1.78%	1.71%
Operating Expenses to Revenue	28.00%	26.16%	24.13%	28.05%	30.89%	29.23%	29.93%	32.91%	34.26%	33.33%
Earnings before Interest and Taxes (EBIT)	171	166	171	117	81	81	86	61	46	50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	221	199	206	151	112	114	110	80	60	61
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.86	4.22	3.14	4.68	3.21	2.72	2.32	3.18	2.22	1.52
Price to Tangible Book Value (P/TBV)	46.53	14.69	22.10	0.00	0.00	0.00	597.95	0.00	8.01	3.70
Price to Revenue (P/Rev)	3.91	3.41	2.27	3.35	2.50	1.64	1.37	2.04	1.52	1.04
Price to Earnings (P/E)	36.89	28.13	16.95	31.37	28.82	22.22	14.32	33.83	19.59	11.79
Dividend Yield	0.36%	0.41%	0.59%	0.44%	0.69%	0.89%	1.12%	0.86%	1.29%	1.76%
Earnings Yield	2.71%	3.55%	5.90%	3.19%	3.47%	4.50%	6.98%	2.96%	5.10%	8.48%
Enterprise Value to Invested Capital (EV/IC)	4.11	4.19	2.80	3.80	2.65	2.11	1.98	2.45	2.25	1.60
Enterprise Value to Revenue (EV/Rev)	4.10	3.42	2.40	3.58	2.77	1.97	1.57	2.37	1.50	0.95
Enterprise Value to EBITDA (EV/EBITDA)	19.57	16.45	10.54	18.64	15.67	12.22	9.08	15.21	10.40	6.09
Enterprise Value to EBIT (EV/EBIT)	25.24	19.75	12.69	24.13	21.73	17.08	11.56	20.06	13.67	7.40
Enterprise Value to NOPAT (EV/NOPAT)	34.31	26.87	17.26	31.82	28.66	20.77	14.65	36.10	18.33	10.56
Enterprise Value to Operating Cash Flow (EV/OCF)	27.82	19.76	21.17	17.32	18.94	14.28	15.82	18.70	12.21	9.19
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	27.70	24.19	251.68	30.61	0.00	16.21	0.00	0.00	16.02
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.34	0.14	0.31	0.48	0.47	0.70	0.47	0.73	0.23	0.12
Long-Term Debt to Equity	0.33	0.14	0.30	0.47	0.47	0.70	0.46	0.73	0.23	0.10
Financial Leverage	0.12	0.09	0.24	0.32	0.43	0.45	0.42	0.26	-0.08	-0.15
Leverage Ratio	1.59	1.62	1.87	1.94	2.02	2.08	2.10	2.00	1.60	1.55
Compound Leverage Factor	1.43	1.56	1.81	1.86	1.84	1.76	1.94	1.90	1.57	1.53
Debt to Total Capital	25.16%	12.50%	23.48%	32.27%	31.97%	41.34%	31.94%	42.13%	18.94%	10.44%
Short-Term Debt to Total Capital	0.29%	0.36%	0.45%	0.64%	0.20%	0.39%	0.30%	0.12%	0.18%	1.75%
Long-Term Debt to Total Capital	24.87%	12.14%	23.03%	31.63%	31.76%	40.95%	31.64%	42.01%	18.75%	8.69%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.96%	0.29%	0.20%	0.20%	0.21%	0.19%	0.29%	0.26%	0.47%	0.45%
Common Equity to Total Capital	73.88%	87.22%	76.32%	67.53%	67.82%	58.47%	67.76%	57.61%	80.59%	89.11%
Debt to EBITDA	1.31	0.56	0.98	1.79	2.08	2.64	1.60	3.02	1.11	0.51
Net Debt to EBITDA	0.87	0.02	0.59	1.16	1.49	2.04	1.18	2.06	-0.12	-0.59
Long-Term Debt to EBITDA	1.29	0.54	0.96	1.75	2.07	2.62	1.59	3.01	1.10	0.43
Debt to NOPAT	2.29	0.91	1.60	3.05	3.80	4.49	2.59	7.17	1.95	0.89
Net Debt to NOPAT	1.53	0.04	0.96	1.98	2.72	3.48	1.91	4.89	-0.21	-1.02
Long-Term Debt to NOPAT	2.26	0.88	1.57	2.99	3.78	4.45	2.56	7.15	1.93	0.74
Altman Z-Score	6.50	7.32	4.78	4.68	4.11	3.23	3.71	3.25	4.48	4.30
Noncontrolling Interest Sharing Ratio	0.83%	0.30%	0.28%	0.30%	0.32%	0.37%	0.44%	0.51%	0.54%	0.47%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.31	2.05	1.95	1.73	2.15	2.04	1.96	2.01	2.33	2.12
Quick Ratio	1.24	1.11	0.97	0.98	1.22	1.20	1.20	1.27	1.58	1.41
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-144	118	90	11	57	-89	61	-187	-11	23
Operating Cash Flow to CapEx	787.51%	547.93%	393.38%	1,472.40%	1,246.77%	1,019.07%	384.90%	379.94%	948.72%	740.91%
Free Cash Flow to Firm to Interest Expense	-7.20	14.06	13.87	2.32	7.74	-6.94	8.74	-52.68	-8.41	24.42
Operating Cash Flow to Interest Expense	7.75	19.71	15.84	33.69	12.51	7.64	8.96	18.37	39.45	42.59
Operating Cash Flow Less CapEx to Interest Expense	6.77	16.11	11.81	31.40	11.51	6.89	6.63	13.54	35.29	36.84
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.81	0.82	0.79	0.76	0.68	0.85	0.85	0.84	0.93	0.94
Accounts Receivable Turnover	7.62	7.25	7.06	6.99	6.11	6.49	6.33	6.40	5.92	5.79
Inventory Turnover	3.93	3.42	3.46	3.73	3.41	4.35	4.15	4.06	4.04	3.75
Fixed Asset Turnover	0.00	0.00	7.98	0.00	0.00	0.00	7.93	8.08	9.20	8.94
Accounts Payable Turnover	12.61	10.81	8.78	9.82	9.16	10.07	9.99	9.56	9.33	8.13
Days Sales Outstanding (DSO)	47.89	50.35	51.67	52.19	59.78	56.27	57.69	57.06	61.67	63.08
Days Inventory Outstanding (DIO)	92.85	106.64	105.57	97.98	106.90	83.99	87.94	89.93	90.37	97.33
Days Payable Outstanding (DPO)	28.95	33.77	41.56	37.18	39.85	36.23	36.54	38.18	39.11	44.89
Cash Conversion Cycle (CCC)	111.78	123.23	115.68	112.99	126.83	104.03	109.09	108.81	112.93	115.52
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,051	781	777	741	664	660	504	498	277	232
Invested Capital Turnover	1.15	1.23	1.19	1.12	0.96	1.21	1.27	1.33	1.63	1.72
Increase / (Decrease) in Invested Capital	270	3.66	36	77	3.91	156	6.54	221	45	12
Enterprise Value (EV)	4,320	3,272	2,173	2,814	1,759	1,391	997	1,219	623	371
Market Capitalization	4,116	3,265	2,050	2,637	1,591	1,157	865	1,052	628	405
Book Value per Share	$72.12	$66.09	$56.06	$48.60	$43.04	$37.76	$33.58	$30.07	$25.89	$24.73
Tangible Book Value per Share	$7.53	$18.99	$7.95	($2.78)	($1.51)	($7.47)	$0.13	($6.36)	$7.19	$10.16
Total Capital	1,147	887	857	835	730	728	550	575	351	299
Total Debt	289	111	201	270	233	301	176	242	66	31
Total Long-Term Debt	285	108	197	264	232	298	174	241	66	26
Net Debt	193	4.42	121	175	167	233	130	165	-7.16	-36
Capital Expenditures (CapEx)	20	30	26	11	7.45	9.56	16	17	5.38	5.45
Debt-free, Cash-free Net Working Capital (DFCFNWC)	158	123	126	74	90	86	79	58	46	47
Debt-free Net Working Capital (DFNWC)	254	229	206	168	157	154	125	134	119	114
Net Working Capital (NWC)	251	226	202	162	155	151	124	134	118	108
Net Nonoperating Expense (NNE)	13	4.95	4.15	3.53	5.63	14	6.96	2.18	1.52	0.45
Net Nonoperating Obligations (NNO)	193	4.42	121	175	167	233	130	165	-7.16	-36
Total Depreciation and Amortization (D&A)	50	33	35	34	31	32	24	19	14	11
Debt-free, Cash-free Net Working Capital to Revenue	15.02%	12.79%	13.93%	9.35%	14.17%	12.20%	12.52%	11.19%	10.99%	12.00%
Debt-free Net Working Capital to Revenue	24.13%	23.91%	22.74%	21.33%	24.66%	21.89%	19.79%	26.11%	28.75%	29.16%
Net Working Capital to Revenue	23.81%	23.58%	22.32%	20.64%	24.43%	21.49%	19.53%	25.98%	28.60%	27.81%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$9.51	$9.92	$10.38	$7.26	$4.81	$4.63	$5.45	$2.83	$2.95	$3.16
Adjusted Weighted Average Basic Shares Outstanding	11.74M	11.70M	11.65M	11.58M	11.48M	11.24M	11.09M	10.99M	10.87M	10.87M
Adjusted Diluted Earnings per Share	$9.48	$9.90	$10.35	$7.21	$4.77	$4.54	$5.30	$2.75	$2.88	$3.10
Adjusted Weighted Average Diluted Shares Outstanding	11.77M	11.73M	11.69M	11.66M	11.56M	11.46M	11.40M	11.31M	11.15M	11.09M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$5.45	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	11.75M	11.72M	11.67M	11.62M	11.54M	11.42M	11.12M	11.03M	10.94M	10.77M
Normalized Net Operating Profit after Tax (NOPAT)	126	122	112	89	64	69	69	34	34	35
Normalized NOPAT Margin	12.00%	12.77%	12.38%	11.28%	10.02%	9.78%	10.94%	6.58%	8.15%	9.10%
Pre Tax Income Margin	14.53%	16.60%	18.31%	14.25%	11.60%	9.78%	12.55%	11.19%	10.76%	12.66%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.55	19.73	26.43	24.19	10.90	6.39	12.26	17.13	35.25	52.87
NOPAT to Interest Expense	6.29	14.50	19.43	18.34	8.27	5.25	9.67	9.52	26.29	37.06
EBIT Less CapEx to Interest Expense	7.56	16.13	22.40	21.90	9.90	5.64	9.93	12.29	31.09	47.12
NOPAT Less CapEx to Interest Expense	5.30	10.90	15.40	16.05	7.26	4.50	7.34	4.68	22.13	31.31
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	14.23%	11.32%	10.38%	14.16%	20.50%	20.66%	16.56%	31.32%	24.76%	20.70%
Augmented Payout Ratio	14.23%	11.32%	10.38%	14.16%	20.50%	20.66%	16.56%	31.32%	24.76%	49.26%

This table displays calculated financial ratios and metrics derived from Kadant's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	7/1/2023	4/1/2023	12/31/2022	10/1/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.92%	8.11%	11.23%	12.12%	8.36%	2.83%	8.76%	10.56%	1.45%	6.22%	12.37%
EBITDA Growth	-2.17%	5.57%	19.30%	17.73%	0.20%	-0.27%	9.37%	11.67%	-25.78%	15.22%	24.86%
EBIT Growth	-3.60%	-5.30%	12.51%	12.41%	-7.97%	0.10%	11.98%	14.98%	-28.34%	23.58%	35.40%
NOPAT Growth	-4.07%	-4.10%	10.32%	11.84%	-5.76%	2.65%	12.29%	15.26%	-29.54%	8.61%	32.71%
Net Income Growth	-2.19%	-12.57%	2.77%	5.44%	-11.59%	5.16%	12.17%	13.39%	-31.81%	7.59%	33.69%
EPS Growth	-2.86%	-12.45%	1.90%	4.72%	-12.50%	4.48%	11.91%	13.39%	-32.01%	7.73%	34.29%
Operating Cash Flow Growth	0.02%	-12.40%	11.73%	24.86%	-38.07%	68.46%	88.65%	19.58%	55.11%	-42.37%	-34.36%
Free Cash Flow Firm Growth	90.38%	-1,085.87%	-3,507.68%	-2,034.19%	-2,859.58%	390.77%	-113.16%	85.60%	113.75%	83.66%	168.57%
Invested Capital Growth	4.64%	34.59%	40.22%	36.11%	30.93%	0.47%	5.38%	5.72%	2.91%	4.86%	-3.90%
Revenue Q/Q Growth	-7.29%	-5.00%	-1.15%	10.36%	4.31%	-2.25%	-0.36%	6.66%	-1.01%	3.38%	1.29%
EBITDA Q/Q Growth	-4.83%	-19.03%	2.25%	24.17%	2.69%	-8.49%	0.90%	5.68%	2.20%	0.36%	3.02%
EBIT Q/Q Growth	-3.65%	-24.62%	1.18%	31.17%	-5.35%	-10.44%	1.08%	7.39%	2.95%	0.20%	3.79%
NOPAT Q/Q Growth	-0.67%	-23.84%	1.56%	24.85%	-0.70%	-12.38%	2.95%	5.21%	8.16%	-4.15%	5.67%
Net Income Q/Q Growth	1.41%	-24.46%	1.03%	26.37%	-9.35%	-11.20%	3.65%	5.97%	7.82%	-5.28%	4.78%
EPS Q/Q Growth	0.00%	-23.88%	0.75%	26.67%	-9.87%	-11.41%	3.54%	5.83%	7.62%	-5.11%	4.91%
Operating Cash Flow Q/Q Growth	-55.99%	-1.12%	86.98%	22.93%	-61.46%	26.12%	108.95%	-39.03%	4.84%	41.23%	32.45%
Free Cash Flow Firm Q/Q Growth	91.55%	13.17%	-10.27%	-18.90%	-965.95%	417.74%	34.77%	-253.74%	191.24%	-114.38%	171.39%
Invested Capital Q/Q Growth	1.80%	-4.44%	1.01%	6.49%	30.94%	-0.44%	-1.95%	2.43%	0.48%	4.43%	-1.64%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	46.12%	43.35%	44.71%	44.36%	44.57%	42.73%	43.30%	43.48%	44.41%	43.06%	42.47%
EBITDA Margin	19.89%	19.38%	22.73%	21.98%	19.53%	19.84%	21.20%	20.93%	21.13%	20.46%	21.08%
Operating Margin	14.88%	14.32%	18.04%	17.62%	14.83%	16.35%	17.83%	17.58%	17.46%	16.78%	17.32%
EBIT Margin	14.87%	14.31%	18.03%	17.61%	14.82%	16.33%	17.82%	17.57%	17.45%	16.78%	17.31%
Profit (Net Income) Margin	10.22%	9.34%	11.74%	11.49%	10.04%	11.55%	12.71%	12.22%	12.30%	11.29%	12.33%
Tax Burden Percent	75.74%	73.46%	72.72%	72.47%	76.08%	72.51%	74.16%	72.81%	74.32%	70.76%	73.95%
Interest Burden Percent	90.71%	88.86%	89.57%	90.01%	89.00%	97.51%	96.17%	95.52%	94.83%	95.11%	96.27%
Effective Tax Rate	24.26%	26.54%	27.28%	27.53%	23.92%	27.49%	25.84%	27.19%	25.68%	29.24%	26.05%
Return on Invested Capital (ROIC)	11.24%	12.10%	14.40%	13.61%	12.23%	14.58%	16.46%	15.32%	15.31%	14.16%	15.04%
ROIC Less NNEP Spread (ROIC-NNEP)	10.02%	9.01%	11.80%	11.65%	10.31%	13.41%	15.11%	14.12%	14.09%	13.24%	14.44%
Return on Net Nonoperating Assets (RNNOA)	2.45%	1.09%	2.12%	2.71%	2.26%	1.18%	2.08%	2.54%	2.80%	3.22%	4.58%
Return on Equity (ROE)	13.69%	13.18%	16.52%	16.33%	14.49%	15.76%	18.54%	17.86%	18.11%	17.38%	19.61%
Cash Return on Invested Capital (CROIC)	7.39%	-15.74%	-20.00%	-17.48%	-13.48%	15.16%	10.60%	9.54%	11.86%	11.84%	20.26%
Operating Return on Assets (OROA)	10.91%	11.57%	14.11%	13.55%	11.23%	13.45%	15.00%	14.32%	13.70%	13.30%	13.77%
Return on Assets (ROA)	7.50%	7.55%	9.19%	8.84%	7.60%	9.51%	10.69%	9.96%	9.66%	8.95%	9.81%
Return on Common Equity (ROCE)	13.50%	13.07%	16.38%	16.19%	14.35%	15.71%	18.49%	17.80%	18.06%	17.33%	19.56%
Return on Equity Simple (ROE_SIMPLE)	12.79%	0.00%	13.62%	14.26%	14.51%	0.00%	15.78%	15.77%	15.91%	0.00%	19.72%
Net Operating Profit after Tax (NOPAT)	27	27	36	35	28	28	32	31	30	28	29
NOPAT Margin	11.27%	10.52%	13.12%	12.77%	11.28%	11.85%	13.22%	12.80%	12.98%	11.88%	12.81%
Net Nonoperating Expense Percent (NNEP)	1.23%	3.08%	2.60%	1.96%	1.92%	1.16%	1.36%	1.20%	1.22%	0.91%	0.59%
Return On Investment Capital (ROIC_SIMPLE)	2.32%	2.37%	-	-	-	3.19%	-	-	-	3.22%	-
Cost of Revenue to Revenue	53.88%	56.65%	55.29%	55.64%	55.43%	57.27%	56.70%	56.52%	55.59%	56.94%	57.53%
SG&A Expenses to Revenue	29.77%	27.35%	25.42%	25.48%	28.24%	25.06%	23.71%	24.48%	25.49%	24.46%	23.68%
R&D to Revenue	1.47%	1.43%	1.26%	1.27%	1.50%	1.45%	1.36%	1.39%	1.47%	1.36%	1.45%
Operating Expenses to Revenue	31.25%	29.04%	26.67%	26.75%	29.74%	26.38%	25.47%	25.90%	26.96%	26.28%	25.15%
Earnings before Interest and Taxes (EBIT)	36	37	49	48	37	39	44	43	40	39	39
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	48	50	62	60	49	47	52	51	49	47	47
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.50	4.86	4.62	4.27	4.90	4.22	3.59	3.64	3.54	3.14	3.17
Price to Tangible Book Value (P/TBV)	33.81	46.53	59.19	86.20	78.32	14.69	14.10	16.70	19.64	22.10	31.37
Price to Revenue (P/Rev)	3.78	3.91	3.80	3.42	3.92	3.41	2.76	2.77	2.66	2.27	2.16
Price to Earnings (P/E)	35.54	36.89	34.20	30.17	34.02	28.13	22.88	23.20	22.42	16.95	16.18
Dividend Yield	0.38%	0.36%	0.36%	0.41%	0.35%	0.41%	0.49%	0.48%	0.50%	0.59%	0.62%
Earnings Yield	2.81%	2.71%	2.92%	3.31%	2.94%	3.55%	4.37%	4.31%	4.46%	5.90%	6.18%
Enterprise Value to Invested Capital (EV/IC)	3.87	4.11	3.80	3.42	3.98	4.19	3.42	3.34	3.22	2.80	2.77
Enterprise Value to Revenue (EV/Rev)	3.97	4.10	4.04	3.70	4.17	3.42	2.82	2.87	2.77	2.40	2.31
Enterprise Value to EBITDA (EV/EBITDA)	18.83	19.57	19.16	17.91	20.46	16.45	13.45	13.73	13.29	10.54	10.31
Enterprise Value to EBIT (EV/EBIT)	24.36	25.24	24.12	22.21	25.07	19.75	16.17	16.61	16.19	12.69	12.59
Enterprise Value to NOPAT (EV/NOPAT)	33.16	34.31	32.89	30.12	33.94	26.87	22.13	22.75	22.19	17.26	16.67
Enterprise Value to Operating Cash Flow (EV/OCF)	26.65	27.82	25.70	23.72	26.88	19.76	18.93	22.39	21.73	21.17	16.04
Enterprise Value to Free Cash Flow (EV/FCFF)	53.52	0.00	0.00	0.00	0.00	27.70	33.07	36.00	27.56	24.19	13.40
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.31	0.34	0.38	0.42	0.39	0.14	0.18	0.22	0.27	0.31	0.34
Long-Term Debt to Equity	0.31	0.33	0.37	0.42	0.39	0.14	0.17	0.22	0.26	0.30	0.34
Financial Leverage	0.24	0.12	0.18	0.23	0.22	0.09	0.14	0.18	0.20	0.24	0.32
Leverage Ratio	1.69	1.59	1.66	1.71	1.74	1.62	1.68	1.73	1.80	1.87	1.94
Compound Leverage Factor	1.53	1.42	1.48	1.54	1.55	1.58	1.62	1.65	1.71	1.78	1.87
Debt to Total Capital	23.80%	25.16%	27.45%	29.67%	28.06%	12.50%	14.97%	18.03%	21.00%	23.48%	25.60%
Short-Term Debt to Total Capital	0.29%	0.29%	0.27%	0.28%	0.29%	0.36%	0.36%	0.40%	0.39%	0.45%	0.19%
Long-Term Debt to Total Capital	23.51%	24.87%	27.17%	29.39%	27.77%	12.14%	14.61%	17.64%	20.61%	23.03%	25.41%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.91%	0.96%	0.93%	0.92%	1.09%	0.29%	0.26%	0.25%	0.22%	0.20%	0.18%
Common Equity to Total Capital	75.29%	73.88%	71.62%	69.41%	70.85%	87.22%	84.76%	81.72%	78.78%	76.32%	74.23%
Debt to EBITDA	1.26	1.31	1.50	1.66	1.56	0.56	0.65	0.81	0.96	0.98	1.05
Net Debt to EBITDA	0.83	0.87	1.09	1.30	1.14	0.02	0.25	0.45	0.51	0.59	0.67
Long-Term Debt to EBITDA	1.24	1.29	1.48	1.64	1.54	0.54	0.63	0.79	0.94	0.96	1.04
Debt to NOPAT	2.22	2.29	2.57	2.79	2.58	0.91	1.07	1.34	1.60	1.60	1.70
Net Debt to NOPAT	1.47	1.53	1.86	2.18	1.90	0.04	0.41	0.74	0.85	0.96	1.09
Long-Term Debt to NOPAT	2.19	2.26	2.54	2.76	2.56	0.88	1.04	1.31	1.58	1.57	1.68
Altman Z-Score	6.20	6.19	5.57	5.03	5.50	6.97	5.83	5.47	4.93	4.40	4.25
Noncontrolling Interest Sharing Ratio	1.35%	0.83%	0.83%	0.84%	0.95%	0.30%	0.28%	0.32%	0.30%	0.28%	0.26%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.47	2.31	2.29	2.25	2.05	2.05	2.04	2.04	1.99	1.95	1.88
Quick Ratio	1.32	1.24	1.19	1.11	1.04	1.11	1.02	1.01	0.94	0.97	0.94
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-21	-243	-280	-254	-213	25	-7.75	-12	7.73	-8.47	59
Operating Cash Flow to CapEx	595.28%	925.62%	1,259.37%	568.02%	456.44%	684.47%	558.47%	258.01%	830.88%	293.32%	399.82%
Free Cash Flow to Firm to Interest Expense	-5.37	-52.33	-50.72	-48.78	-45.70	14.70	-3.68	-5.30	3.26	-3.93	34.24
Operating Cash Flow to Interest Expense	5.97	11.18	9.51	5.40	4.89	35.34	22.29	10.01	15.56	16.30	14.47
Operating Cash Flow Less CapEx to Interest Expense	4.97	9.97	8.76	4.45	3.82	30.18	18.30	6.13	13.68	10.74	10.85
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.73	0.81	0.78	0.77	0.76	0.82	0.84	0.82	0.79	0.79	0.80
Accounts Receivable Turnover	7.06	7.62	7.01	6.77	6.96	7.25	7.09	6.84	7.06	7.06	6.94
Inventory Turnover	3.55	3.93	3.46	3.24	3.14	3.42	3.35	3.17	3.19	3.46	3.49
Fixed Asset Turnover	6.11	0.00	6.82	6.71	6.71	0.00	8.12	8.04	8.03	7.98	8.27
Accounts Payable Turnover	11.02	12.61	12.19	10.96	9.72	10.81	10.98	10.06	8.19	8.78	9.51
Days Sales Outstanding (DSO)	51.67	47.89	52.07	53.90	52.47	50.35	51.49	53.36	51.69	51.67	52.56
Days Inventory Outstanding (DIO)	102.76	92.85	105.38	112.81	116.17	106.64	109.10	115.14	114.47	105.57	104.73
Days Payable Outstanding (DPO)	33.11	28.95	29.95	33.31	37.56	33.77	33.24	36.27	44.58	41.56	38.36
Cash Conversion Cycle (CCC)	121.32	111.78	127.50	133.40	131.08	123.23	127.34	132.23	121.58	115.68	118.93
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,070	1,051	1,099	1,088	1,022	781	784	800	781	777	744
Invested Capital Turnover	1.00	1.15	1.10	1.07	1.08	1.23	1.24	1.20	1.18	1.19	1.17
Increase / (Decrease) in Invested Capital	47	270	315	289	241	3.66	40	43	22	36	-30
Enterprise Value (EV)	4,138	4,320	4,179	3,727	4,073	3,272	2,678	2,673	2,515	2,173	2,061
Market Capitalization	3,944	4,116	3,931	3,446	3,833	3,265	2,626	2,584	2,417	2,050	1,925
Book Value per Share	$74.52	$72.12	$72.52	$68.78	$66.76	$66.09	$62.50	$60.74	$58.45	$56.06	$52.14
Tangible Book Value per Share	$9.93	$7.53	$5.66	$3.40	$4.17	$18.99	$15.92	$13.22	$10.54	$7.95	$5.26
Total Capital	1,163	1,147	1,189	1,164	1,105	887	863	870	866	857	819
Total Debt	277	289	326	345	310	111	129	157	182	201	210
Total Long-Term Debt	273	285	323	342	307	108	126	153	179	197	208
Net Debt	183	193	237	270	227	4.42	50	87	96	121	135
Capital Expenditures (CapEx)	3.84	5.61	4.17	4.94	5.00	8.65	8.41	8.71	4.44	12	6.23
Debt-free, Cash-free Net Working Capital (DFCFNWC)	176	158	178	181	153	123	147	156	142	126	114
Debt-free Net Working Capital (DFNWC)	269	254	268	257	236	229	226	226	228	206	190
Net Working Capital (NWC)	266	251	264	253	233	226	223	222	224	202	188
Net Nonoperating Expense (NNE)	2.52	3.04	3.73	3.50	3.11	0.73	1.25	1.42	1.55	1.36	1.09
Net Nonoperating Obligations (NNO)	183	193	237	270	227	4.42	50	87	96	121	135
Total Depreciation and Amortization (D&A)	12	13	13	12	12	8.38	8.23	8.24	8.45	8.55	8.46
Debt-free, Cash-free Net Working Capital to Revenue	16.83%	15.02%	17.20%	18.02%	15.70%	12.79%	15.42%	16.72%	15.65%	13.93%	12.84%
Debt-free Net Working Capital to Revenue	25.82%	24.13%	25.88%	25.49%	24.15%	23.91%	23.73%	24.25%	25.07%	22.74%	21.27%
Net Working Capital to Revenue	25.50%	23.81%	25.56%	25.17%	23.82%	23.58%	23.40%	23.88%	24.70%	22.32%	21.10%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.05	$2.05	$2.69	$2.66	$2.11	$2.34	$2.64	$2.54	$2.40	$2.24	$2.36
Adjusted Weighted Average Basic Shares Outstanding	11.76M	11.74M	11.75M	11.74M	11.72M	11.70M	11.71M	11.70M	11.68M	11.65M	11.66M
Adjusted Diluted Earnings per Share	$2.04	$2.04	$2.68	$2.66	$2.10	$2.33	$2.63	$2.54	$2.40	$2.23	$2.35
Adjusted Weighted Average Diluted Shares Outstanding	11.78M	11.77M	11.78M	11.77M	11.74M	11.73M	11.74M	11.72M	11.69M	11.69M	11.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	11.78M	11.75M	11.75M	11.74M	11.74M	11.72M	11.71M	11.71M	11.70M	11.67M	11.66M
Normalized Net Operating Profit after Tax (NOPAT)	27	27	36	35	28	28	33	31	30	28	29
Normalized NOPAT Margin	11.27%	10.52%	13.12%	12.77%	11.28%	11.85%	13.52%	12.82%	12.98%	12.21%	12.83%
Pre Tax Income Margin	13.49%	12.71%	16.15%	15.86%	13.19%	15.93%	17.14%	16.78%	16.55%	15.96%	16.67%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	9.31	7.95	8.88	9.31	7.90	23.26	20.66	19.18	16.92	18.05	22.58
NOPAT to Interest Expense	7.05	5.85	6.46	6.74	6.02	16.88	15.33	13.97	12.58	12.78	16.71
EBIT Less CapEx to Interest Expense	8.30	6.74	8.12	8.36	6.83	18.10	16.67	15.30	15.04	12.50	18.97
NOPAT Less CapEx to Interest Expense	6.05	4.64	5.70	5.79	4.95	11.72	11.33	10.09	10.71	7.22	13.09
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	15.37%	14.23%	13.50%	13.28%	11.96%	11.32%	11.14%	11.71%	11.76%	10.38%	10.43%
Augmented Payout Ratio	15.37%	14.23%	13.50%	13.28%	11.96%	11.32%	11.14%	11.71%	11.76%	10.38%	10.43%

Frequently Asked Questions About Kadant's Financials

When does Kadant's fiscal year end?

According to the most recent income statement we have on file, Kadant's financial year ends in December. Their financial year 2024 ended on December 28, 2024.

How has Kadant's net income changed over the last 9 years?

Kadant's net income appears to be on an upward trend, with a most recent value of $112.55 million in 2024, rising from $34.68 million in 2015. The previous period was $116.81 million in 2023. Find out what analysts predict for Kadant in the coming months.

What is Kadant's operating income?

Kadant's total operating income in 2024 was $171.25 million, based on the following breakdown:

Total Gross Profit: $466.15 million
Total Operating Expenses: $294.90 million

How has Kadant revenue changed over the last 9 years?

Over the last 9 years, Kadant's total revenue changed from $390.11 million in 2015 to $1.05 billion in 2024, a change of 170.0%.

How much debt does Kadant have?

Kadant's total liabilities were at $572.22 million at the end of 2024, a 43.3% increase from 2023, and a 287.8% increase since 2015.

How much cash does Kadant have?

In the past 9 years, Kadant's cash and equivalents has ranged from $45.83 million in 2018 to $103.83 million in 2023, and is currently $94.66 million as of their latest financial filing in 2024.

How has Kadant's book value per share changed over the last 9 years?

Over the last 9 years, Kadant's book value per share changed from 24.73 in 2015 to 72.12 in 2024, a change of 191.6%.

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This page (NYSE:KAI) was last updated on 5/25/2025 by MarketBeat.com Staff

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Kadant (KAI) Financials

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Kadant (KAI) Financials

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