KADANT INC
Close on Oct 19, 2026
- Market cap
- $3.12B
- P/E (TTM)
- 28.4
- Dividend yield
- 0.52%
About Kadant
Special Industry Machinery (No Metalworking Machinery), SIC 3550
Kadant Inc. supplies engineered systems and technologies designed to improve efficiency, productivity, and sustainability across various process industries. The company operates through three reportable segments: Flow Control, Industrial Processing, and Material Handling. Its Flow Control segment provides custom fluid-handling systems along with doctoring, cleaning, and filtration equipment. The Industrial Processing segment offers machinery for wood processing, recycled fiber preparation, virgin pulp manufacturing, and boiler efficiency optimization. Its Material Handling segment manufactures conveying and vibratory equipment, balers for waste and recyclables, and biodegradable absorbent granules. Kadant serves industrial manufacturers and distributors across sectors including paper, packaging, tissue, wood products, mining, metals, and food processing.
The company employs approximately 3,900 full-time workers worldwide, with about 50% located in North America, 30% in Europe, and 15% in Asia. Kadant operates research and development centers in the United States, Europe, and Canada. Its customer base is distributed internationally, with roughly half of its consolidated revenue originating outside the United States, primarily in Europe, Asia, and Canada. The provided text does not mention the location of the company's headquarters.
Summary of the business section of Kadant's latest annual report, written by StockData.
Company profile
Company
- Legal name
- KADANT INC
- Founded
- 1991
- Headquarters
- Westford, MA
- Address
- One Technology Park Drive 01886
- Phone
- (978) 776-2000
- Website
- kadant.com
- Employees
- 3,900, Jan 3, 2026
- Industry
- Special Industry Machinery (No Metalworking Machinery)
- Incorporated in
- Delaware
- Fiscal year ends
- January 2
- Auditor
- KPMG LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- KAI
- Exchange
- NYSE
- Shares outstanding
- 12M, Jul 31, 2026
- Public float
- $3.65B, Jun 28, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-5 reverse, Jul 12, 2001; 3-for-2, Jun 27, 1996; 3-for-2, Sep 18, 1995
- SEC CIK
- 886346
- CUSIP
- 48282T104
- ISIN
- US48282T1043
- LEI
- 549300K06LNJYBMPYP15
- EIN
- 52-1762325
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jeffrey L. Powell | President & CEO, Director | 60,949 |
| Stacy D. Krause | SVP, GC and Secretary | 1,363 |
| Thomas Andrew Blanchard | Vice President | 557 |
| Deborah Selwood | Senior Vice President & CAO | 20,898 |
| Michael J. McKenney | Executive Vice President & CFO | 14,217 |
| Michael C. Colwell | Senior Vice President | 3,673 |
| Peter J. Flynn | Senior Vice President | 2,744 |
| Dara F. Mitchell | Senior VP, Corp. Development | 1,726 |
| Fredrik H. Westerhout | Vice President | 2,879 |
| Jonathan W. Painter | Director | 9,008 |
| John M. Albertine | Director | 8,091 |
| Rebecca Martinez O'Mara | Director | 1,529 |
| Erin L. Russell | Director | 3,454 |
| Thomas C. Leonard | Director | 4,770 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2024 Jeffrey L. Powell | $6.13M | $7.99M | $1.70M | $250 | $153 |
| FY2023 Jeffrey L. Powell | $6.03M | $8.89M | $1.63M | $273 | $160 |
| FY2022 Jeffrey L. Powell | $4.94M | $3.32M | $1.36M | $172 | $126 |
| FY2021 Jeffrey L. Powell | $5.93M | $8.96M | $1.73M | $222 | $144 |
| FY2020 Jeffrey L. Powell | $3.70M | $4.85M | $1.12M | $135 | $116 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of January 3, 2026, we had approximately 3,900 full-time employees worldwide.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 31, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 2, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 10, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 25, 2013 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 18, 2013 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 17, 2012 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| May 11, 2005 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 6, 2001 | Name change | Name changed from THERMO FIBERTEK INC to KADANT INC |