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Kadant KAI Material Handling — Depreciation expense

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Other financials

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

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Market cap$3.95B+3.6%
Enterprise value$4.2B+5.8%
P/E38.2×+2.2×
P/S3.6×-0.1×

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×

Where this comes from

Reported directly by Kadant in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: Kadant’s 10-Q, filed May 13, 2026.

Filed
May 13, 2026, 2:42 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000886346-26-000040
(In thousands)Flow ControlIndustrial ProcessingMaterial HandlingCorporateTotal
Other Segment Disclosures
Depreciation expense (c)$1,927$3,110$1,212$13$6,262
Capital expenditures$1,022$863$1,236$137$3,258

Item 1. Financial Statements (unaudited)

FAQ

What is Kadant's material handling — depreciation expense?
Kadant (KAI) reported material handling — depreciation expense of $1.21M in Q1 2026.
How has Kadant's material handling — depreciation expense changed year-over-year?
Kadant's material handling — depreciation expense increased by 4.7% year-over-year, from $1.16M to $1.21M.
What is the long-term trend for Kadant's material handling — depreciation expense?
Over 4 years (2021 to 2025), Kadant's material handling — depreciation expense has grown at a -21.5% compound annual growth rate (CAGR), from $12.34M to $4.7M.
What does material handling — depreciation expense mean?
The systematic allocation of the cost of tangible fixed assets, such as machinery and equipment used in the Material Handling segment, over their useful lives. This non-cash expense reflects the wear and tear or obsolescence of the physical infrastructure supporting the segment's operations.

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