Inside the research
Kadant Inc.
KAI Research profile · latest available data
Price overview
$273.89
▼ -0.53 (-0.2%)
| 52w hi | $346.52 |
|---|---|
| 52w lo | $246.63 |
| Vol | 110.60K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.20
| Short | -0.29 |
|---|---|
| Medium | -0.24 |
| Long | +0.07 |
computed 2026-09-27
Key fundamentals
Kadant Inc.
Industrials · Specialty Industrial Machinery
| Market cap | $3.23B |
|---|---|
| Enterprise value | $3.62B |
| Trailing P/E | 29.42x |
| Forward P/E | 20.27x |
| EV / EBITDA | 15.06x |
| P / S (ttm) | 2.81x |
| Profit margin | 9.5% |
| Return on equity | 11.3% |
| Revenue growth | +22.6% |
| Earnings growth | +23.9% |
| Debt / equity | 49.40 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.31 | |
| Sector | -0.01 | |
| Technical | -0.24 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Kadant Inc. supplies technologies and engineered systems worldwide. The company operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems, equipment, and integrated technologies, such as rotary joints, syphons, Turbulator bars, expansion joints, and engineered steam and condensate systems, as well as doctor systems and holders, doctor blades, cleaning showers and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems. The Industrial Processing segment provides ring and rotary debarkers, stranders, chippers, engineered knife systems, and industrial automation and control products. This segment also offers recycling and approach flow systems, virgin pulping process equipment, boiler cleaning technologies, and single and double-screw presses. The Material Handling segment provides vibratory and conveying equipment; individual components and equipment for baling recyclable and waste materials; and fiber-based products. It sells its products and services through direct sales, independent sales agents, and distributors. The company was formerly known as Thermo Fibertek, Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc. was incorporated in 1991 and is headquartered in Westford, Massachusetts.
Risk Metrics
| Beta vs SPX | 1.35 |
|---|---|
| Corr SPX | 0.56 |
| Annual vol | 38.8% |
| Annual ret | -2.3% |
| Sharpe | -0.06 |
| Max DD | -41.5% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-04 | Earnings Release, Reg FD Disclosure… | read |
| 2026-05-26 | Shareholder Vote | read |
| 2026-05-05 | Earnings Release, Reg FD Disclosure… | read |
| 2026-04-30 | Reg FD Disclosure, Other Material Event… | read |
| 2026-02-23 | Earnings Release, Reg FD Disclosure… | read |
| 2026-02-18 | Earnings Release, Reg FD Disclosure… | read |
| 2026-02-02 | Reg FD Disclosure, Exhibits | read |
| 2026-01-29 | Material Agreement, Reg FD Disclosure… | read |
| 2025-10-28 | Earnings Release, Reg FD Disclosure… | read |
| 2025-10-08 | Reg FD Disclosure, Exhibits | read |
| 2025-10-07 | Material Agreement, Reg FD Disclosure… | read |
| 2025-10-02 | Material Agreement, Material Obligation… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-04 | ALBERTINE JOHN M | Option exercise | 128 | — | |
| 2026-07-04 | LEONARD THOMAS C | Option exercise | 128 | — | |
| 2026-07-04 | O'Mara Rebecca Martinez | Option exercise | 128 | — | |
| 2026-07-04 | Painter Jonathan W | Option exercise | 128 | — | |
| 2026-07-04 | Russell Erin L | Option exercise | 128 | — | |
| 2026-06-03 | Powell Jeffrey L | President & CEO | Gift | 12.28K | — |
| 2026-05-27 | KRAUSE STACY D. | SVP, GC and Secretary | Sell | 1.23K | $410.03K |
| 2026-05-18 | Blanchard Thomas Andrew | Vice President | Sell | 1.40K | $450.85K |
| 2026-04-04 | ALBERTINE JOHN M | Option exercise | 129 | — | |
| 2026-04-04 | LEONARD THOMAS C | Option exercise | 129 | — |
Flow & Concentration
| Insider 180d net | -$860.88K |
|---|---|
| Insider buys / sells | 0 / 2 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 99.3% |
| HHI | 5,483 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $151.74M | 482.92K |
| Fidelity / FMR LLC | $30.31M | 96.45K |
| Capital Research / Capital World | $16.74M | 53.29K |
| Millennium Management | $8.47M | 26.97K |
| AQR Capital Management | $1.87M | 5.95K |
| Citadel Advisors | $853.76K | 2.72K |
| Bridgewater Associates | $481.40K | 1.53K |
| T. Rowe Price Group | $47.86K | 152.30K |
As of 2026-06-30
Dividends
| Yield (TTM) | 0.38% |
|---|---|
| $ / share (TTM) | $1.04 |
| 5y CAGR | +7.1% |
Annual dividend per share
| 2021 | $0.99 |
|---|---|
| 2022 | $1.03 |
| 2023 | $1.13 |
| 2024 | $1.25 |
| 2025 | $1.34 |
| 2026 | $0.70 |
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $957.67M | +7.8% | |
| Gross profit | $74.25M | +9.4% | |
| Operating income | $165.76M | +10.9% | |
| Net income | $116.07M | +9.3% | |
| Cash from ops | $165.54M | +10.1% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $274.53 | $280.13 | $273.82 | $273.89 | 110.60K |
| Sep 24 | $275.55 | $276.69 | $269.56 | $274.42 | 106.90K |
| Sep 23 | $270.55 | $280.07 | $269.49 | $278.35 | 187.80K |
| Sep 22 | $271.16 | $274.90 | $268.20 | $272.11 | 101.10K |
| Sep 21 | $267.81 | $269.93 | $263.41 | $265.84 | 96.80K |
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