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) Gross margin

Alert me on Gross margin

Kadant Inc's gross margin over the twelve months to 30 September 2026 was 44.4%, down 0.9 percentage points from fiscal 2025 (45.2%). Over the past ten years it has ranged from 41.7% (fiscal 2019) to 46.2% (fiscal 2015); the current reading is higher than 82% of that period. That is above the Specialty Industrial Machinery industry median of 35.5% and above the Industrials sector median of 30.6%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 45.2% 0.96
FY2024 44.3% 0.78
FY2023 43.5% 0.41
FY2022 43.1% 0.17
FY2021 42.9% (0.78)
FY2020 43.7% 1.98
FY2019 41.7% (2.22)
FY2018 43.9% (0.97)
FY2017 44.9% (0.65)
FY2016 45.5% (0.64)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 44.7% 0.94
Jun 2026 43.8% (1.22)
Mar 2026 45.0% 1.09
Dec 2025 43.9% (1.25)
43 more quarters

Against its own ten years

Low 41.7% High 46.2%
Ten-year median 43.9%
Current reading's percentile 67

Gross margin against peers

Company Gross margin
XE X-Energy, Inc. compare 100.0%
MIR Mirion Technologies, Inc. compare 48.1%
KAI Kadant Inc 44.4%
NPO Enpro Inc. compare 43.2%
SXI Standex International Corporation compare 42.4%
CSW CSW Industrials, Inc. compare 42.1%
MIDD The Middleby Corporation compare 38.4%
MWA MUELLER WATER PRODUCTS compare 37.9%
FELE Franklin Electric Co., Inc. compare 35.4%
Specialty Industrial Machinery industry median 35.5%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on KAI