Kadant Inc.
Rank #277ValueKAI · NYSE · Industrials
Kadant Inc. (KAI) — Rank #277 by gross profitability (GP/assets 0.25) · ROE 10.0% · Piotroski F-Score 5 / 9.
As-of 2026-09-15 · CIK 0000886346 · all metrics point-in-time as of the filing date.
About
Kadant Inc. supplies technologies and engineered systems worldwide.
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The company operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems, equipment, and integrated technologies, such as rotary joints, syphons, Turbulator bars, expansion joints, and engineered steam and condensate systems, as well as doctor systems and holders, doctor blades, cleaning showers and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems. The Industrial Processing segment provides ring and rotary debarkers, stranders, chippers, engineered knife systems, and industrial automation and control products. This segment also offers recycling and approach flow systems, virgin pulping process equipment, boiler cleaning technologies, and single and double-screw presses. The Material Handling segment provides vibratory and conveying equipment; individual components and equipment for baling recyclable and waste materials; and fiber-based products. It sells its products and services through direct sales, independent sales agents, and distributors. The company was formerly known as Thermo Fibertek, Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc.
was incorporated in 1991 and is headquartered in Westford, Massachusetts.
- Industry
- Specialty Industrial Machinery
- Sector
- Industrials
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- January 2
- Website
- kadant.com
Financials
Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.
| Fiscal year end | 2026-01-03filed 2026-03-03 | 2024-12-28filed 2025-02-25 | 2023-12-30filed 2024-02-27 | 2022-12-31filed 2023-02-28 |
|---|---|---|---|---|
| Revenue | 1,052.2 | 1,053.4 | 957.7 | 904.7 |
| Revenue growth (YoY) | -0.1% | 10.0% | 5.9% | 15.0% |
| Cost of revenue | 576.5 | 587.2 | 541.4 | 515.2 |
| Gross profit | 475.7 | 466.1 | 416.3 | 389.6 |
| Gross margin | 45.2% | 44.3% | 43.5% | 43.1% |
| Selling, general & administrative | 301.9 | 279.9 | 236.3 | 224.4 |
| Research & development | 15.3 | 14.3 | 13.6 | 12.7 |
| Operating income | 157.3 | 171.3 | 165.8 | 171.3 |
| Operating margin | 14.9% | 16.3% | 17.3% | 18.9% |
| Interest income | 1.9 | 1.9 | 1.8 | 0.9 |
| Interest expense | — | — | 8.4 | 6.5 |
| Pre-tax income | 143.6 | 153.1 | 159.0 | 165.6 |
| Income tax expense | 39.9 | 40.5 | 42.2 | 43.9 |
| Net income | 102.0 | 111.6 | 116.1 | 120.9 |
| Net margin | 9.7% | 10.6% | 12.1% | 13.4% |
| EPS (basic) | $8.66 | $9.51 | $9.92 | $10.38 |
| EPS (diluted) | $8.65 | $9.48 | $9.90 | $10.35 |
Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?