KAINYSESpecial Industry Machinery (No Metalworking Machinery)Fiscal year ends January 2

KADANT INC

Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Aug 12, 2026

$263.77−0.38 (-0.14%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2011 to 2025

45.2%+1.5 pts over 5 years

14.9%+2.2 pts over 5 years

9.7%+1.0 pts over 5 years

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	-0.1%	+5.2%	+10.6%	+10.4%
Gross profit	+2.1%	+6.9%	+11.4%	+10.2%
Operating income	-8.2%	-2.8%	+14.2%	+12.1%
Net income	-8.6%	-5.5%	+13.1%	+11.5%
EPS, diluted	-8.8%	-5.8%	+12.6%	+10.8%
Free cash flow	+14.9%	+27.5%	+12.6%	+16.0%
Dividend per share	+6.3%	+9.4%	+7.2%	+7.2%

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	11.7%	12.0%	11.2%
Return on assets	7.2%	5.9%	6.5%
Current ratio	2.33	2.15	2.38
Debt to equity	0.23	0.47	0.38
Net debt to EBITDA	-0.13×	1.48×	1.22×
Interest coverage	36.1×	10.9×	10.1×
Inventory turnover	4.0×	3.4×	3.3×
Capex to revenue	1.4%	1.2%	1.6%
Diluted shares	11M	12M	12M

Return on equity split into margin, efficiency and leverage

Net margin9.7%

Asset turnover0.67×

Equity multiplier1.72×

Return on equity, FY202511.2%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	9.7%	0.67×	1.72×	11.2%
FY2024	10.6%	0.81×	1.61×	13.8%
FY2023	12.1%	0.82×	1.63×	16.3%
FY2022	13.4%	0.79×	1.87×	19.9%
FY2021	10.7%	0.76×	1.94×	15.9%
FY2020	8.7%	0.68×	2.03×	12.0%
FY2019	7.4%	0.85×	2.08×	13.0%
FY2018	9.5%	0.85×	2.11×	17.2%
FY2017	6.0%	0.84×	2.01×	10.1%
FY2016	7.7%	0.93×	1.61×	11.7%