KAI · Kadant Inc
2 customers — 12% of revenue (2025)
“As a percentage of our Industrial Processing segment revenues, the two largest OSB customers together accounted for 12% in 2025, 13% in 2024, and 10% in 2023.”
2 customers — 13% of revenue (2024)
“As a percentage of our Industrial Processing segment revenues, the two largest OSB customers together accounted for 12% in 2025, 13% in 2024, and 10% in 2023.”
2 customers — 10% of revenue (2023)
“As a percentage of our Industrial Processing segment revenues, the two largest OSB customers together accounted for 12% in 2025, 13% in 2024, and 10% in 2023.”
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA Margin non-GAAP | 21% | Six Months Ended July 4, 2026 | — |
| Adjusted EPS* non-GAAP | $3.42 | Q2 26 | — |
GAAP → non-GAAP reconciliationGAAP EPS, as Reported $2.75
+$0.55 Intangible Asset Amortization Expense
+$0.08 Profit in Inventory and Backlog Amortization Expense
+$0.05 Acquisition Costs
= Adjusted EPS $3.42
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| Backlog | $340M | Q2 2026 | — |
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| Free cash flow non-GAAP | $42.6M | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Operating Cash Flow 53.51M
-10.95M Capital Expenditures
= Free Cash Flow 42.56M
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| Percentage of Parts and Consumables Bookings | 71% | Six Months Ended July 4, 2026 | — |
| Percentage of Parts and Consumables Revenue | 71% | Six Months Ended July 4, 2026 | — |
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| Adjusted EBITDA non-GAAP | $56.8M | Q1 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net Income Attributable to Kadant 25.51M
+312K Net Income Attributable to Noncontrolling Interests
+10.14M Provision for Income Taxes
+4.13M Interest Expense, Net
+13K Other Expense, Net
+8.39M Intangible Asset Amortization Expense
+1.41M Profit in Inventory Amortization Expense
+0K Backlog Amortization Expense
+674K Acquisition Costs
+0K Indemnification Asset Provision
+6.26M Depreciation Expense
= Adjusted EBITDA 56.84M
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| Bookings | $320.8M | Q1 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Specialty Industrial Machinery — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
KAI
this stock
Kadant Inc
|
$3.89B | +10.3% | -0.1% | 35.5 | 9.1% |
|
GEV
GE Vernova Inc.
|
$262.99B | +51.1% | +9.0% | 28.4 | 3.2% |
|
ETN
Eaton Corp plc
|
$164.37B | +33.3% | +10.3% | 43.1 | 1.8% |
|
SMERY
Siemens Energy AG/ADR
|
$152.17B | — | — | — | 0.0% |
|
PH
Parker-Hannifin Corp
|
$130.80B | +16.4% | +18.9% | 38.3 | 1.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| KAI | -5.9% | +2.4% | -9.0% | +2.2% | +10.3% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | -5.5% | -0.5% | -20.6% | -0.7% | -2.5% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.