Kadant (KAI) Financials

$300.16 +5.63 (+1.91%)

Closing price 05/2/2025 03:59 PM Eastern

Extended Trading

$300.04 -0.12 (-0.04%)

As of 05/2/2025 04:05 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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	1/2/2016	12/31/2016	12/30/2017	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024
Net Income / (Loss) Attributable to Common Shareholders	34	32	31	60	52	55	84	121	116	112
Consolidated Net Income / (Loss)	35	32	32	61	53	56	85	122	117	113
Net Income / (Loss) Continuing Operations	35	32	32	61	53	56	85	122	117	113
Total Pre-Tax Income	49	45	58	80	69	74	112	166	159	153
Total Operating Income	50	47	62	89	88	81	117	171	166	171
Total Gross Profit	180	189	231	278	294	277	337	390	416	466
Total Revenue	390	414	515	634	705	635	787	905	958	1,053
Operating Revenue	390	414	515	634	705	635	787	905	958	1,053
Total Cost of Revenue	210	226	284	356	411	358	449	515	541	587
Operating Cost of Revenue	210	226	284	356	411	358	449	515	541	587
Total Operating Expenses	130	142	170	190	206	196	221	218	251	295
Selling, General & Admin Expense	123	135	160	177	193	182	209	224	236	280
Research & Development Expense	6.68	7.38	9.56	11	11	11	11	13	14	14
Impairment Charge	-	-	-	-	2.53	2.98	0.47	-19	0.72	0.66
Total Other Income / (Expense), net	-0.75	-2.09	-3.97	-9.07	-19	-7.44	-4.66	-5.65	-6.74	-18
Interest Expense	0.95	1.29	3.55	7.03	13	7.42	4.82	6.48	8.40	20
Interest & Investment Income	0.20	0.27	0.45	0.38	0.21	0.18	0.27	0.90	1.76	1.92
Other Income / (Expense), net	-	-1.07	-0.87	-2.42	-6.36	-0.20	-0.10	-0.07	-0.10	-0.07
Income Tax Expense	15	12	26	18	16	18	27	44	42	41
Net Income / (Loss) Attributable to Noncontrolling Interest	0.29	0.39	0.49	0.63	0.50	0.54	0.84	0.80	0.74	0.96
Basic Earnings per Share	$3.16	$2.95	$2.83	$5.45	$4.63	$4.81	$7.26	$10.38	$9.92	$9.51
Weighted Average Basic Shares Outstanding	10.87M	10.87M	10.99M	11.09M	11.24M	11.48M	11.58M	11.65M	11.70M	11.74M
Diluted Earnings per Share	$3.10	$2.88	$2.75	$5.30	$4.54	$4.77	$7.21	$10.35	$9.90	$9.48
Weighted Average Diluted Shares Outstanding	11.09M	11.15M	11.31M	11.40M	11.46M	11.56M	11.66M	11.69M	11.73M	11.77M
Weighted Average Basic & Diluted Shares Outstanding	10.90M	10.90M	11M	11.10M	11.42M	11.54M	11.62M	11.67M	11.72M	11.75M
Cash Dividends to Common per Share	$0.68	$0.76	$0.84	$0.88	$0.92	$0.96	$1.00	$1.04	$1.16	$1.28

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

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

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

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	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	10/1/2022	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024
Net Change in Cash & Equivalents	-2.91	4.61	5.78	-15	8.86	27	-24	-7.44	15	6.21
Net Cash From Operating Activities	25	35	37	22	47	59	23	28	52	52
Net Cash From Continuing Operating Activities	25	35	37	22	47	59	23	28	52	51
Net Income / (Loss) Continuing Operations	28	26	28	30	31	28	25	32	32	24
Consolidated Net Income / (Loss)	28	26	28	30	31	28	25	32	32	24
Depreciation Expense	8.46	8.55	8.45	8.24	8.23	8.38	12	12	13	13
Non-Cash Adjustments To Reconcile Net Income	3.59	1.43	3.08	3.39	3.12	4.51	3.63	3.88	4.14	6.88
Changes in Operating Assets and Liabilities, net	-15	-1.02	-2.92	-19	4.58	19	-18	-19	3.66	7.18
Net Cash From Investing Activities	-6.03	-16	-4.47	-8.44	-7.16	-11	-237	-64	-14	-3.27
Net Cash From Continuing Investing Activities	-6.03	-16	-4.47	-8.44	-7.16	-11	-237	-64	-14	-3.27
Purchase of Property, Plant & Equipment	-6.38	-12	-4.47	-8.78	-8.85	-9.76	-6.27	-4.97	-4.19	-5.58
Acquisitions	0.20	-3.61	0.00	0.28	-	-1.18	-232	-59	-10	1.69
Sale of Property, Plant & Equipment	0.15	0.02	0.03	0.07	0.44	1.10	1.27	0.03	0.02	-0.03
Other Investing Activities, net	-0.00	0.00	-0.03	-	1.25	-0.89	0.00	-	0.26	0.65
Net Cash From Financing Activities	-17	-18	-28	-29	-29	-25	193	30	-26	-37
Net Cash From Continuing Financing Activities	-17	-18	-28	-29	-29	-25	193	30	-26	-37
Repayment of Debt	-18	-17	-21	-25	-26	-22	-33	-26	-32	-33
Payment of Dividends	-3.66	-3.03	-3.04	-3.39	-3.40	-3.40	-3.40	-5.10	-3.76	-3.76
Effect of Exchange Rate Changes	-5.06	3.50	1.14	-0.56	-1.83	4.34	-2.31	-1.18	2.49	-5.55

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

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

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

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

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

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

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. See Kadant's forecast for analyst expectations on what’s next for the company.

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 5/4/2025 by MarketBeat.com Staff

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Kadant (KAI) Financials

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Kadant (KAI) Financials

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