KAI Financials Kadant Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated 28 h ago Overview →

Growth & profitability

Revenue has grown 10.6% per year over the past 5 years.
Net income has grown faster than revenue (13.1% vs 10.6% per year).
Operating margin has expanded, at 14.9% in the latest year.
Free cash flow has grown 12.6% per year over the past 5 years.

Financial health

Total debt ($373M) exceeds cash ($120M); net debt is $253M.
Total debt has grown in line with revenue (10.3% vs 10.6% per year).
Operating income covered interest expense 10× in the latest year.
Total debt is 1.8× EBITDA.

Shareholder returns

Dividends have been paid for 13 consecutive years, consuming 15.5% of earnings and 10.2% of free cash flow.
The dividend has grown 7.7% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2026	$1.1B	$102M	45.2%	14.9%	$154M	$373M	$120M
2024	$1.1B	$112M	44.3%	16.3%	$134M	$287M	$95M
2023	$958M	$116M	43.5%	17.3%	$134M	$109M	$104M
2022	$905M	$121M	43.1%	18.9%	$74M	$199M	$76M
2022	$787M	$84M	42.9%	14.8%	$150M	$265M	$91M
2021	$635M	$55M	43.7%	12.8%	$85M	$228M	$66M
2019	$705M	$52M	41.7%	12.5%	$87M	$295M	$67M
2018	$634M	$60M	43.9%	14.0%	$46M	—	$46M
2017	$515M	$31M	44.9%	12.0%	$48M	—	$75M
2016	$414M	$32M	45.5%	11.3%	$45M	—	$71M
2016	—	$34M	—	—	$35M	$31M	$66M
2015	—	$29M	—	—	$44M	$26M	$45M
2013	—	$23M	—	—	$34M	$39M	$50M
2012	—	$32M	—	—	$25M	$7M	$55M
2011	—	$34M	—	—	$26M	$12M	$47M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Apr '26	$282M	$26M	45.0%	14.2%	$19M	—	$117M
Jan '26	$286M	$24M	43.9%	13.9%	$55M	$373M	$120M
Sep '25	$272M	$28M	45.2%	15.7%	$44M	—	$124M
Jun '25	$255M	$26M	45.9%	15.4%	$37M	—	$95M
Mar '25	$239M	$24M	46.1%	14.9%	$19M	—	$92M
Dec '24	$258M	$24M	43.4%	14.3%	$46M	$287M	$95M
Sep '24	$272M	$32M	44.7%	18.0%	$48M	—	$88M
Jun '24	$275M	$31M	44.4%	17.6%	$23M	—	$74M
Mar '24	$249M	$25M	44.6%	14.8%	$17M	—	$81M
Dec '23	$239M	$27M	42.7%	16.3%	$49M	$109M	$104M
Sep '23	$244M	$31M	43.3%	17.8%	$38M	—	$77M
Jul '23	$245M	$30M	43.5%	17.6%	$14M	—	$67M
Apr '23	$230M	$28M	44.4%	17.5%	$32M	—	$81M
Dec '22	$232M	$26M	43.1%	16.8%	$23M	$199M	$76M
Oct '22	$225M	$27M	42.5%	17.3%	$19M	—	$73M
Jul '22	$222M	$26M	43.3%	16.9%	$12M	—	$77M
Apr '22	$226M	$41M	43.4%	24.7%	$21M	—	$86M
Jan '22	$219M	$24M	42.4%	14.4%	$56M	$265M	$91M
Oct '21	$200M	$20M	41.9%	14.4%	$35M	—	$83M
Jul '21	$196M	$23M	43.6%	16.9%	$42M	—	$73M

Valuation over time

How the market has priced KAI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 20.3× (Mar '23) to 37.3× (Jun '26).
The price-to-sales ratio has risen from 2.7× (Mar '23) to 3.6× (Jun '26).
The dividend yield has fallen from 0.5% (Mar '23) to 0.4% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is KAI growing its revenue and profit?

Over the past 5 years, Kadant Inc's revenue has grown 10.6% per year, and net income grown 13.1% per year. These are computed facts, not advice.

How much debt does KAI have?

As of FY2026, Kadant Inc reported $373M of total debt against $120M of cash; operating income covered interest expense 10×.

What is KAI's profit margin?

In FY2026, gross margin was 45.2%, operating margin 14.9%, and net margin 9.7%.

What is KAI's P/E ratio?

As of Jun '26, Kadant Inc traded at a price-to-earnings ratio of about 37.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.