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KAI · NYSE · United States · Special Industry Machinery (No Metalworking Machinery)
In shortKADANT INC is profitable, generates cash and carries moderate debt, with revenue stable (−0.1% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 14.9% | 66/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 9.7% | 59/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 11.2% | 56/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 8.4% | 56/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.38× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.38× | 90/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.22× | 79/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 10.10× | 82/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 5.02 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 14.7% | 79/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.51× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 9.1% | 77/100 |
| Operating margin volatility | 1.7% | 93/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 5.2% | 45/100 |
|---|---|---|
| EPS growth, 3-year average | -5.8% | 0/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY22 | FY23 | FY24 | FY26 |
|---|---|---|---|---|---|
| Revenue | 787 | 905 | 958 | 1,053 | 1,052 |
| Cost of revenue | 449 | 515 | 541 | 587 | 577 |
| Gross profit | 337 | 390 | 416 | 466 | 476 |
| Research & development | 11 | 13 | 14 | 14 | 15 |
| Selling, general & admin | 209 | 224 | 236 | 280 | 302 |
| Operating income | 117 | 171 | 166 | 171 | 157 |
| Interest expense | 4.8 | 6.5 | 8.4 | 20 | 16 |
| Pre-tax income | 112 | 166 | 159 | 153 | 144 |
| Income tax | 27 | 44 | 42 | 41 | 40 |
| Net income | 84 | 121 | 116 | 112 | 102 |
| Diluted EPS | $7.21 | $10.35 | $9.90 | $9.48 | $8.65 |
| Diluted shares (millions) | 12 | 12 | 12 | 12 | 12 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
5.02 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 4, 2026 · Data updated Aug 12, 2026