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Friday 6 November 2026 Export KAI’s income statement to Excel — free account

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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Kadant Inc (KAI) Debt to equity

Alert me on Debt to equity

Kadant Inc's debt to equity at the end of the quarter to 30 September 2026 was 0.4×, up 0.1× from fiscal 2025 (0.4×). Over the past ten years it has ranged from 0.1× (fiscal 2015) to 0.7× (fiscal 2017); the current reading is higher than 55% of that period. That is above the Specialty Industrial Machinery industry median of 0.3× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.4× 12.40%
FY2024 0.3× 135.43%
FY2023 0.1× (53.46%)
FY2022 0.3× (35.61%)
FY2021 0.5× 1.40%
FY2020 0.5× (33.33%)
FY2019 0.7× 50.15%
FY2018 0.5× (35.53%)
FY2017 0.7× 211.69%
FY2016 0.2× 100.34%

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.4× (13.34%)
Jun 2026 0.5× 36.80%
Mar 2026 0.4× (4.45%)
Dec 2025 0.4× 40.85%
43 more quarters

Against its own ten years

Low 0.1× High 0.7×
Ten-year median 0.4×
Current reading's percentile 55

Debt to equity against peers

Company Debt to equity
XE X-Energy, Inc. compare 0.0×
NPO Enpro Inc. compare 0.3×
FELE Franklin Electric Co., Inc. compare 0.4×
MWA MUELLER WATER PRODUCTS compare 0.4×
KAI Kadant Inc 0.4×
MIR Mirion Technologies, Inc. compare 0.7×
SXI Standex International Corporation compare 0.7×
CSW CSW Industrials, Inc. compare 0.7×
MIDD The Middleby Corporation compare 0.9×
Specialty Industrial Machinery industry median 0.3×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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