Kadant is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. The company’s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries.
While Kadant is a relatively new name, and became a fully independent public company in 2001, some of our businesses have been serving industrial customers for more than 100 years. Through a combination of acquisitions and internal development, we continue to strengthen our position as a leading supplier to process industries worldwide.
Kadant Inc. is based in Westford, Massachusetts, USA with revenues of $390 million in 2015 and 1,800 employees worldwide. Our stock trades on the New York Stock Exchange under the symbol KAI. Kadant brand products and services are sold to industries worldwide through our subsidiaries located in North America, South America, Europe, and Asia.

Type
Public
HQ
Westford, US
Founded
1991
Size (employees)
1,800 (est)
Website
kadant.com
Kadant was founded in 1991 and is headquartered in Westford, US

Kadant Office Locations

Kadant has an office in Westford
Westford, US (HQ)
1 Technology Park Dr

Kadant Data and Metrics

Kadant Financial Metrics

Kadant's revenue was reported to be $102.9 m in Q1, 2017
USD

Revenue (Q1, 2017)

102.9 m

Gross profit (Q1, 2017)

49 m

Gross profit margin (Q1, 2017), %

48%

Net income (Q1, 2017)

9.1 m

EBIT (Q1, 2017)

12 m

Market capitalization (21-Jul-2017)

882.4 m

Cash (01-Apr-2017)

71.5 m
Kadant's current market capitalization is $882.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

344.5 m402.1 m390.1 m414.1 m

Revenue growth, %

17%(3%)6%

Cost of goods sold

186.8 m223.8 m210 m225.7 m

Gross profit

157.7 m178.4 m180.1 m188.4 m

Gross profit Margin, %

46%44%46%45%

Operating expense total

124.4 m136.3 m130 m368.6 m

EBIT

33.3 m42.1 m50.1 m45.6 m

EBIT margin, %

10%10%13%11%

Interest expense

900 k966 k948 k1.3 m

Interest income

623 k398 k200 k269 k

Income tax expense

9.3 m12.4 m14.8 m12.1 m

Net Income

23.6 m29 m34.7 m32.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

104.8 m98.7 m92.3 m98.3 m91.9 m96.5 m111.8 m105.5 m102.9 m

Cost of goods sold

59.8 m54.6 m47.9 m52.6 m48.3 m52.6 m61.6 m57.4 m53.9 m

Gross profit

45.1 m44.1 m44.3 m45.7 m43.7 m44 m50.3 m48.1 m49 m

Gross profit Margin, %

43%45%48%47%48%46%45%46%48%

R&D expense

1.4 m1.6 m1.7 m1.8 m1.8 m1.7 m1.9 m2 m2.1 m

General and administrative expense

31.6 m31.9 m32.2 m31.1 m29.2 m32.5 m36.1 m33.5 m34.8 m

Operating expense total

33 m33.4 m33.9 m32.9 m31 m34.2 m38 m35.5 m36.9 m

EBIT

12 m10.2 m10.4 m12.6 m12.7 m10.1 m12.2 m12.6 m12 m

EBIT margin, %

11%10%11%13%14%10%11%12%12%

Interest expense

(250 k)(210 k)(231 k)(231 k)(239 k)(269 k)(340 k)(305 k)(348 k)

Interest income

82 k42 k53 k43 k54 k55 k66 k54 k104 k

Pre tax profit

11.8 m

Income tax expense

3.9 m3.2 m3.3 m3.9 m3.8 m2.9 m3.5 m3.1 m2.7 m

Net Income

8 m6.7 m7 m8.5 m8.7 m7 m8.4 m9.2 m9.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

50 m45.4 m65.5 m71.5 m

Inventories

62.8 m55.2 m56.8 m55 m

Current Assets

206.3 m183.7 m205.1 m207.4 m

Goodwill

131.9 m127.9 m119.1 m151.5 m

Total Assets

442.2 m413.7 m415.5 m470.7 m

Accounts Payable

28.4 m27.2 m24.4 m23.9 m

Current Liabilities

99.8 m87.2 m96.6 m88.9 m

Additional Paid-in Capital

96.8 m98.8 m100.5 m101.4 m

Retained Earnings

248.2 m270.2 m297.3 m321.1 m

Total Equity

270.4 m265.5 m267.9 m284.3 m

Financial Leverage

1.6 x1.6 x1.6 x1.7 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

37.5 m41.1 m42.8 m47.4 m56.1 m104.5 m54.2 m63.2 m71.5 m

Inventories

60.1 m57.7 m60.6 m64.2 m67.5 m58.7 m63.5 m58.7 m59.8 m

Current Assets

188.4 m191.1 m188.1 m197.6 m210.3 m244.6 m201.5 m205.9 m222.1 m

Goodwill

134.1 m129.9 m121.5 m122.8 m121 m121.7 m157.5 m157.7 m153.8 m

Total Assets

423.5 m418.3 m407.1 m415.8 m422.9 m457.6 m480.8 m484.1 m488.8 m

Accounts Payable

29.3 m27.9 m26.5 m28.5 m27.2 m23.8 m30.8 m25.2 m25.2 m

Current Liabilities

91.1 m95.4 m83.9 m92.4 m102 m84.2 m97.9 m91.5 m90.6 m

Additional Paid-in Capital

96 m97.2 m96.5 m98.1 m99.3 m97.9 m99 m100.2 m99 m

Retained Earnings

257.8 m262.8 m275.3 m281.9 m288.7 m302.1 m308.3 m315.4 m327.7 m

Total Equity

271.1 m268.2 m258.3 m265.7 m262.9 m277.6 m281.2 m289.2 m295.3 m

Financial Leverage

1.6 x1.6 x1.6 x1.6 x1.6 x1.6 x1.7 x1.7 x1.7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

23.6 m29 m34.7 m32.5 m

Depreciation and Amortization

9.8 m11.2 m10.8 m14.3 m

Accounts Receivable

(2.2 m)8.4 m(11 m)1 m

Inventories

(2 m)5.1 m(6.5 m)3.6 m

Accounts Payable

2.6 m652 k(1.8 m)(5.2 m)

Cash From Operating Activities

40.1 m48.9 m37.9 m51 m

Purchases of PP&E

(6.3 m)(6.8 m)(5.5 m)(5.8 m)

Dividends Paid

(4.2 m)(6.3 m)(7.2 m)(8 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

8 m6.7 m7 m8.5 m8.7 m7 m8.4 m9.2 m9.1 m

Inventories

60.1 m57.7 m60.6 m64.2 m67.5 m58.7 m63.5 m58.7 m59.8 m

Accounts Payable

29.3 m27.9 m26.5 m28.5 m27.2 m23.8 m30.8 m25.2 m25.2 m
Y, 2017

Financial Leverage

1.7 x

Kadant Market Value History

Kadant Online and Social Media Presence

Kadant Company Life and Culture

You may also be interested in