Kadant Inc. manufactures engineered systems and fluid-handling equipment for industrial applications across pulp and paper, packaging, tissue, wood products, and alternative fuel sectors. The company designs and produces rotary joints, expansion joints, steam and condensate systems, doctor blades, cleaning systems, and water-filtration equipment. Its offerings also include specialized machinery for wood processing, such as debarkers, stranders, and chippers, as well as conveying systems, vibratory equipment, and baling products used in material handling operations. The company additionally manufactures biodegradable and absorbent granules for agricultural, lawn care, and industrial absorption applications.
Operations are organized into three segments: Flow Control, which supplies fluid-handling and doctoring systems; Industrial Processing, which provides wood processing and pulping equipment; and Material Handling, which offers conveying, vibratory, and baling solutions alongside absorbent granule products. The company markets its portfolio through direct sales, independent agents, and distributor networks.
With approximately 3,900 full-time employees, Kadant operates on a global basis serving industrial customers worldwide. The company is incorporated in Delaware and headquartered in Westford, Massachusetts. It trades on the New York Stock Exchange under the ticker KAI.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $9.48 | $9.51 | -4.2% | |
| 2023 | $9.90 | $9.92 | -4.3% | |
| 2022 | $10.35 | $10.38 | +43.6% | |
| 2021 | $7.21 | $7.26 | +415.0% | |
| 2020 | $1.40 | $1.41 | +84.2% | |
| 2019 | $0.76 | $0.77 | -52.8% | |
| 2018 | $1.61 | $1.66 | +2200.0% | |
| 2017 | $0.07 | $0.07 | -89.9% | |
| 2016 | $0.69 | $0.71 | -26.6% | |
| 2015 | $0.94 | $0.96 | +14.6% | |
| 2014 | $0.82 | $0.84 | +57.7% | |
| 2013 | $0.52 | $0.53 | -37.3% | |
| 2012 | $0.83 | $0.85 | -69.7% | |
| 2011 | $2.74 | $2.77 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2024-12-28 | 2025-02-25 | 0000886346-25-000006 | SEC ↗ |
| 2023-12-30 | 2024-02-27 | 0000886346-24-000026 | SEC ↗ |
| 2022-12-31 | 2023-02-28 | 0000886346-23-000019 | SEC ↗ |
| 2022-01-01 | 2022-03-01 | 0000886346-22-000018 | SEC ↗ |
| 2021-01-02 | 2021-03-02 | 0000886346-21-000021 | SEC ↗ |
| 2019-12-28 | 2020-02-25 | 0000886346-20-000019 | SEC ↗ |
| 2018-12-29 | 2019-02-26 | 0000886346-19-000019 | SEC ↗ |
| 2017-12-30 | 2018-02-27 | 0000886346-18-000018 | SEC ↗ |
| 2016-12-31 | 2017-03-15 | 0000886346-17-000054 | SEC ↗ |
| 2016-01-02 | 2016-03-16 | 0000886346-16-000221 | SEC ↗ |
| 2015-01-03 | 2015-03-18 | 0000886346-15-000088 | SEC ↗ |
| 2013-12-28 | 2014-03-12 | 0000886346-14-000013 | SEC ↗ |