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Kadant

KAI

Kadant Inc. is a global supplier of high-performance engineered systems and technologies focused on sustainable industrial processing.

Market cap
$3.69B-12.7%
Revenue$1.1B+4.9%
Net income$103.4M-6.8%
Free cash flow$153.9M+12.6%
EPS (diluted)$8.77-6.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$299.2M
EPS estimate$2.94

Financials

Q1 2026

Income statement

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Revenue$281.5M+17.7%
Gross profit$126.7M+14.8%
Operating income$40.1M+12.7%
Net income$25.5M+6.0%
EPS (diluted)$2.16+5.9%

Balance sheet

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Cash & equivalents$119.8M+27.7%
Total debt$368.6M+30.6%
Total equity$995.6M+13.7%
Total assets$1.7B+19.5%

Cash flow

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Operating cash flow$21.9M-4.0%
CapEx$3.3M-15.1%
Free cash flow$18.7M-1.8%

Valuation & ratios

Valuation

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Market cap$3.69B-12.7%
Enterprise value$3.93B-7.2%
P/E35.6×-0.9×
P/S3.4×-0.5×

Profitability

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Gross margin45%+0.4pp
Operating margin14.8%-1.5pp
Net margin9.4%-1.2pp
FCF margin14.1%+1.0pp

Returns & leverage

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Return on equity11.1%-2.3pp
Debt / equity0.4×0.0×
Current ratio2.5×0.0×

Segments

By segment

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Industrial Processing$123.0M+37.4%
Flow Control$98.6M+6.7%
Material Handling$59.9M+4.6%

By product

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Parts and consumables$209.5M+16.8%
Capital$72.0M+20.2%

Competitors

Profile

Kadant Inc. is a global supplier of high-performance engineered systems and technologies focused on sustainable industrial processing. The company provides critical equipment and services that enhance operational efficiency, optimize energy and water usage, and maximize yield for resource-intensive process industries. Its value proposition centers on helping industrial manufacturers produce more while consuming fewer raw materials and generating less waste.

Competitive position

A leading global supplier with one of the largest installed bases of equipment in its target process industries, competing primarily on technical expertise and total cost of ownership.

GeographiesNorth America, Europe, Asia, Canada
Customer segmentsIndustrial manufacturers, Resource extraction companies, Waste and recycling operators
Business modelEquipment manufacturing, Aftermarket parts and consumables, Consultative engineering services
SuppliersSteel and stainless steel suppliers, Ductile iron and brass foundries, Elastomer and composite material providers, Paper mill by-product suppliers
CustomersGlobal packaging and tissue producers, Mining and aggregate operations, Wood product and lumber manufacturers, Food and beverage processors
Listed1992
Employees3.1K
CEOJeffrey L. Powell
Websitekadant.com
FilingsSEC EDGAR

Questions, answered.

What is Kadant's market cap?
Kadant (KAI) has a market capitalization of $3.7B and trades on NYSE.
What is Kadant's revenue and profitability?
Kadant generated $1.1B in trailing twelve-month revenue with net income of $103.4M, representing a net margin of 9.4%. Gross margin stands at 45.0%, with free cash flow of $153.9M. These figures are based on the Q2 2026 filing.
Who are Kadant's competitors?
Kadant's key competitors include Nordson Corp, ITT Inc., Terex Corporation, and others. These companies compete in similar markets and product categories.
What subsidiaries does Kadant have?
Kadant's subsidiaries include Babbini S.p.A, Clyde Industries Holdings, Inc., voestalpine BÖHLER Profil GmbH & Co KG, and others.
Where is Kadant headquartered?
Kadant is headquartered in United States of America and employs approximately 3,100 people. It has been publicly traded since 1992.