Kadant Inc

KAI Industrials Specialty Industrial Machinery

Kadant Inc’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, roughly unchanged from fiscal 2024.

Revenue
+15.3%
EPS
+28.6%
Free cash flow
+15.9%
Total debt
+76.4%

Quarter to September 2026, against a year earlier

299.50 9.06 −2.94%
Market cap
$3.5B
P/E
30.0×
Fwd P/E
26.4×
Dividend yield
0.47%
F-score
5/9
Altman Z
4.70
Beneish M
−2.59
Dividend safety
92/100

Kadant Inc (KAI) Current ratio

Alert me on Current ratio

Kadant Inc's current ratio at the end of the quarter to 30 September 2026 was 8.6×, up 6.2× from fiscal 2025 (2.4×). Over the past ten years it has ranged from 1.7× (fiscal 2021) to 2.4× (fiscal 2025) — the current reading is the highest in ten years. That is above the Specialty Industrial Machinery industry median of 2.1× and above the Industrials sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 2.4× 2.86%
FY2024 2.3× 12.47%
FY2023 2.1× 5.49%
FY2022 1.9× 12.29%
FY2021 1.7× (19.46%)
FY2020 2.2× 5.70%
FY2019 2.0× 3.89%
FY2018 2.0× (2.59%)
FY2017 2.0× (13.73%)
FY2016 2.3× 9.86%

Quarterly newest first

Period Current ratio Change
Sep 2026 8.6× 231.22%
Jun 2026 2.6× 4.74%
Mar 2026 2.5× 4.16%
Dec 2025 2.4× (2.93%)
43 more quarters

Against its own ten years

Low 1.7× High 2.4×
Ten-year median 2.1×
Current reading's percentile 100

Current ratio against peers

Company Current ratio
XE X-Energy, Inc. compare 17.2×
KAI Kadant Inc 8.6×
MWA MUELLER WATER PRODUCTS compare 4.6×
SXI Standex International Corporation compare 3.2×
MIR Mirion Technologies, Inc. compare 3.0×
CSW CSW Industrials, Inc. compare 2.4×
FELE Franklin Electric Co., Inc. compare 2.3×
NPO Enpro Inc. compare 2.1×
MIDD The Middleby Corporation compare 2.0×
Specialty Industrial Machinery industry median 2.1×
Industrials sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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