Kadant

Kadant Inc. is a global supplier of critical components and engineered systems used in process industries worldwide. The firm’s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. It operates through the following segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment provides custom-engineered products, systems, and technologies that control the flow of fluids used in industrial and commercial applications to keep critical processes running efficiently in the packaging, tissue, food, metals, and other industrial sectors. It consists of fluid-handling and doctoring, cleaning, & filtration product lines. The Industrial Processing segment provides equipment, machinery, and technologies used to recycle paper and paperboard and process timber for use in the packaging, tissue, wood products and alternative fuel industries, among others. In addition, the firm provides industrial automation and digitization solutions to process industries. It consists of wood processing and stock-preparation product lines. The Material Handling segment provides products and engineered systems used to handle bulk and discrete materials for secondary processing or transport in the aggregates, mining, food, and waste management industries, among others. In addition, the firm manufactures and sells biodegradable, absorbent granules used as carriers in agricultural applications and for oil and grease absorption. The Material Handling segment consists of conveying and screening, baling, and fiber-based product lines. The company was founded in November 1991 and is headquartered in Westford, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Kadant (KAI) reports record 2022 earnings, eyes growth opportunities

Kadant (KAI) concluded 2022 on a high note, achieving record revenue, EBITDA, and adjusted diluted EPS, driven by strong segment performance.
While facing challenges in working capital management, the company's strengths in financial metrics and liquidity provide a solid foundation for growth.
Opportunities lie in leveraging positive segment performance, maintaining a strong balance sheet, and capitalizing on growth prospects in 2023.

Kadant reports record Q1 earnings driven by segment strength

Kadant delivered a strong Q1 performance with record bookings and revenue, driven by robust demand in key segments. While facing challenges in the Industrial Processing segment, the company's operational efficiency and focus on high-margin products position it well for future growth.

Kadant reports record Q2 revenue and raises full-year guidance

Kadant's Q2 2023 performance reflected record revenue and operational improvements, despite challenges from economic headwinds impacting bookings.
The company's strengths lie in its stable demand outlook, strong market positions, and commitment to pursuing growth opportunities.
While facing challenges in bookings and capital allocation, Kadant remains optimistic about its future prospects and ability to navigate uncertainties.

Kadant achieves record Q3 performance, eyes growth amid challenges

Kadant's Q3 performance marked by record revenue and strong demand across segments.
Company anticipates finishing 2023 as its best year, with increased financial metrics and active M&A pipeline.
Challenges include mixed success in certain markets and potential industry impacts.
Opportunities lie in strong demand for balers, cautious economic optimism, and excellent cash flow management.

Kadant reports solid Q4 2023, eyes record 2024 performance

Kadant's Q4 2023 showed growth and strong financial performance.
Challenges include economic uncertainty and project delays.
Opportunities lie in record 2024 expectations and market recovery.
Overall, Kadant remains well-positioned for growth and innovation.

Kadant reports record Q1 revenue, cautious outlook for 2024

Kadant's Q1 2024 showcased strong revenue growth, though challenges like flat segment revenue and softer bookings were noted. The company remains cautiously optimistic for 2024 amidst economic uncertainties.

Kadant (KAI) reports record Q2 revenue and raised EPS guidance

Kadant (KAI) delivered a strong financial performance in Q2 2024, marked by record revenue, EBITDA, and organic bookings growth.
While facing challenges such as margin pressures, the company's focus on innovation and market share retention positions it well for future opportunities.
With raised EPS guidance and a strategic outlook, Kadant (KAI) remains poised for sustained growth and value creation in the market.
Investors can be optimistic about Kadant's (KAI) performance and prospects, supported by its solid operational metrics and market resilience.

Kadant achieves record Q3 performance, eyes growth opportunities ahead

Kadant's Q3 2024 earnings call showcased exceptional performance with record revenue and EBITDA, driven by aftermarket parts and acquisitions. The company is well-positioned to capitalize on opportunities in its operating segments and regional markets. Challenges lie in sustaining growth amidst market dynamics and cost management.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Kadant Inc. operates as a global supplier of critical components and engineered systems used in process industries worldwide. It operates through the following segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment includes custom-engineered products, systems, and technologies that control the flow of fluids used in industrial and commercial applications to keep critical processes running efficiently in the packaging, tissue, food, metals, and other industrial sectors. The Industrial Processing segment provides equipment, machinery, and technologies used to recycle paper and paperboard and process timber for use in the packaging, tissue, wood products and alternative fuel industries, among others. The Material Handling segment focuses on the products and engineered systems used to handle bulk and discrete materials for secondary processing or transport in the aggregates, mining, food, and waste management industries, among others. The company was founded in November 1991 and is headquartered in Westford, MA.

Aptargroup

American Water Works

Best Buy

Colgate-Palmolive

Costco

CareTrust REIT

Dollar General

H.B. Fuller

General Dynamics

Globe Life Inc

Horace Mann Educators

Hurco Companies

Johnson & Johnson

New Linde PLC

Lindsay

Procter & Gamble

PNC Financial Services

Southern Company

SpartanNash

Sempra Energy

Steel Dynamics

Travelers

Eleven companies announced annual dividend increases in March. Colgate-Palmolive started its 7th decade of dividend growth in March with a 2% boost. Steel Dynamics followed up last year's 31% boost with a 25% increase, resulting in a 63% payout increase since 2022.

Johnson & Johnson, Procter & Gamble Among 11 Companies To Continue Dividend Growth In Early April

WESTFORD, Mass., March 22, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it was recognized as one of "America's Greatest Workplaces for Diversity 2023" by Newsweek magazine. The recognition was awarded to 1,000 companies across 34 industries.

Kadant Named to Newsweek's List of America's Greatest Workplaces for Diversity 2023

WESTFORD, Mass., March 16, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) released its 2022 corporate sustainability report, which can be viewed at www.kadant.com/about-us/sustainability. The report highlights the Company's continued commitment and progress on environmental, social, and governance (ESG) initiatives that are most important to our stakeholders.

Kadant Releases its 2022 Corporate Sustainability Report

Albemarle

Chubb

Domino's Pizza

Essex Property Trust

Genuine Parts

Home Depot

Leggett & Platt

McGrath RentCorp

Old Republic International

Silgan Hlds

Southwest Gas Hlds

Telephone and Data Systems

The dividend increases continued to come fast and furious in February. Home Depot and Silgan both announced 10%+ increases as Genuine Parts and Walmart extended their dividend growth records.

Colgate To Declare 60th Year Of Dividend Growth, 10 Companies Boost Annual Dividends

Kadant Inc. (NYSE:KAI ) Q4 2022 Earnings Conference Call February 16, 2023 11:00 AM ET Company Participants Michael McKenney - Executive Vice President & Chief Financial Officer Jeff Powell - President & Chief Executive Officer Conference Call Participants Kurt Yinger - D.A. Davidson Operator Good day, and thank you for standing by.

Kadant Inc. (KAI) Q4 2022 Earnings Call Transcript

Kadant (KAI) delivered earnings and revenue surprises of 16.50% and 5.49%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Kadant (KAI) Q4 Earnings and Revenues Top Estimates

WESTFORD, Mass., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 31, 2022.

Kadant Reports Fourth Quarter and Fiscal Year 2022 Results

WESTFORD, Mass., Feb. 10, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2022 fourth quarter and full-year results after the market closes on Wednesday, February 15, 2023 and will hold a webcast the next day, Thursday, February 16, 2023 at 11:00 a.m. eastern time. During the call the Company will discuss its fourth quarter and full-year financial performance and future expectations.

Kadant to Hold Earnings Conference Call on Thursday, February 16, 2023

WESTFORD, Mass., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that it was named one of "America's Most Responsible Companies 2023" by Newsweek magazine. This was the third consecutive year Kadant has been included on the list which assesses companies on various Environmental, Social and Corporate Governance (ESG) factors.

Kadant Named to Newsweek's List of America's Most Responsible Companies 2023

Kadant Inc. appears well-positioned in the field of engineering services and structural solutions. Further improvement in the company's backlog will likely bring more revenue growth from 2023.

Kadant Backlog Demand Increases Due To E-Commerce Sales Increase; Appears Undervalued

Kadant Inc. (NYSE:KAI ) Q3 2022 Earnings Conference Call November 2, 2022 11:00 AM ET Company Participants Jeffrey Powell - President and CEO Michael McKenney - EVP and CFO Conference Call Participants Kurt Yinger - D.A. Davidson William Hyler - WDH Capital John Franzreb - Sidoti Operator Good day, and thank you for standing by.

Kadant Inc. (KAI) Q3 2022 Earnings Call Transcript

WESTFORD, Mass., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the third quarter ended October 1, 2022.

Kadant Reports Third Quarter 2022 Results

WESTFORD, Mass., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2022 third quarter results after the market closes on Tuesday, November 1, 2022 and will hold a webcast the next day, Wednesday, November 2, 2022 at 11:00 a.m. eastern time. During the call the Company will discuss its third quarter financial performance and future expectations.

Kadant to Hold Earnings Conference Call on Wednesday, November 2, 2022

Kadant (KAI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Kadant (KAI) Earnings Expected to Grow: What to Know Ahead of Q3 Release

Kadant has had an enviable growth pattern over the past 10 years, but the success has come at a cost. While on the surface, Kadant's financial position looks solid, I see a few trouble points that must be addressed.

Kadant: Worrying Cracks Emerging

Kadant Inc. (NYSE:KAI ) Q2 2022 Earnings Conference Call August 3, 2022 11:00 AM ET Company Participants Jeffrey Powell - President and Chief Executive Officer Michael McKenney - Executive Vice President and Chief Financial Officer Conference Call Participants Christopher Howe - Barrington Research Kurt Yinger - D.A. Davidson Walter Liptak - Seaport Global Bobby Eubank - Chevy Chase Trust Operator Good day and thank you for standing by.

Kadant Inc.'s (KAI) CEO Jeffrey Powell on Q2 2022 Results - Earnings Call Transcript

Kadant (KAI) could produce exceptional returns because of its solid growth attributes.

3 Reasons Why Kadant (KAI) Is a Great Growth Stock

Kadant (KAI) delivered earnings and revenue surprises of 13.71% and 1.04%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Kadant (KAI) Q2 Earnings and Revenues Beat Estimates

WESTFORD, Mass., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended July 2, 2022.

Kadant Reports Second Quarter 2022 Results

WESTFORD, Mass., July 28, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2022 second quarter results after the market closes on Tuesday, August 2, 2022 and will hold a webcast the next day, Wednesday, August 3, 2022 at 11:00 a.m. eastern time. During the call the Company will discuss its second quarter financial performance and future expectations.

Kadant to Hold Earnings Conference Call on Wednesday, August 3, 2022

Kadant (KAI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Kadant (KAI) Surges 3.4%: Is This an Indication of Further Gains?

Helios Technologies Inc

HLIO vs. KAI: Which Stock Is the Better Value Option?

HLIO vs. KAI: Which Stock Should Value Investors Buy Now?

Kadant Inc. (NYSE:KAI ) Q1 2022 Earnings Conference Call May 4, 2022 11:00 AM ET Company Participants Jeff Powell - President, Chief Executive Officer and Director Michael McKenney - Executive Vice President and Chief Financial Officer Conference Call Participants Chris Howe - Barrington Research Associates, Inc. Bobby Eubank - Chevy Chase Trust Walter Liptak - Seaport Global Securities Operator Good day. And thank you for standing by.

Kadant Inc. (KAI) CEO Jeff Powell on Q1 2022 Results - Earnings Call Transcript

Kadant (KAI) delivered earnings and revenue surprises of 9.62% and 5.54%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Kadant (KAI) Q1 Earnings and Revenues Top Estimates

Raises Full Year 2022 Earnings Guidance Raises Full Year 2022 Earnings Guidance

News for Kadant Stock (KAI)