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. In the quarter to June 2026, revenue grew 22.6%, EPS grew 23.9%, free cash flow grew 15.9% and total debt rose 105.1%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.
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Kadant Inc (KAI) Dividend Safety Score
Kadant Inc's stockrow Dividend Safety Score is 92 out of 100, based on payout ratios, leverage, dividend streak and earnings stability for fiscal 2025.
Dividend Safety Score, annual
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Annual newest first
| Period | Dividend Safety Score | Change (points) |
|---|---|---|
| FY2025 | 92 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Payout of earnings | 17.14% | — | Pass | 25 |
| Payout of free cash flow | 11.31% | — | Pass | 25 |
| Net debt / EBITDA | 1.21 | — | Pass | 16 |
| Years without a dividend cut | 10 | — | Pass | 16 |
| Years of falling or negative earnings over the last 10 fiscal years | 0 | — | Pass | 10 |
| Dividend Safety Score | Well covered | 92 | ||
How the stockrow Dividend Safety Score works
Our own composite, out of 100, for the latest fiscal year: up to 25 points for how little of its earnings the dividend takes, 25 for how little of its free cash flow, 20 for net debt against EBITDA, 20 for the years it has paid without a cut and 10 for how steady earnings per share have been over ten years. How we calculate it.
| 80–100 | Well covered |
|---|---|
| 60–79 | Adequately covered |
| 40–59 | Stretched |
| below 40 | Weakly covered |
Not worked out for a company that pays no regular dividend, for banks and REITs, whose payouts and leverage these measures do not describe, or with fewer than five years of earnings.
Dividend Safety Score against peers
| Company | Dividend Safety Score |
|---|---|
| FELE Franklin Electric Co., Inc. compare | 96 |
| KAI Kadant Inc | 92 |
| MWA MUELLER WATER PRODUCTS compare | 89 |
| SXI Standex International Corporation compare | 86 |
| HLIO Helios Technologies, Inc compare | 74 |
| CXT Crane NXT, Co. compare | 68 |
| CSW CSW Industrials, Inc. compare | 68 |
| MIR Mirion Technologies, Inc. compare | — |
| SMR NuScale Power Corporation compare | — |
What Dividend Safety Score is
The stockrow Dividend Safety Score rates how well earnings and free cash flow cover the dividend, with leverage, the dividend’s record and stable earnings.
Up to 25 points for the payout of earnings, 25 for the payout of free cash flow, 20 for net debt ÷ EBITDA, 20 for the years without a dividend cut and 10 for stable earnings