← KADANT INC
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $515.0m |
$633.8m
+23.06%
|
$704.6m
+11.18%
|
$635.0m
-9.88%
|
$786.6m
+23.87%
|
$904.7m
+15.02%
|
$957.7m
+5.85%
|
$1.1b
+9.99%
|
$1.1b
-0.11%
|
$1.1b
0.00%
|
$1.2b
+9.49%
|
|
| Revenue (Notes 1 and 11) | $515.0m | $633.8m | $704.6m | — | $635.0m | $786.6m | $957.7m | $1.1b | — | $1.1b | — | |
| Cost of Revenue | $284.0m |
$355.5m
+25.18%
|
$410.9m
+15.58%
|
$357.7m
-12.94%
|
$357.7m
0.00%
|
$515.2m
+44.02%
|
$541.4m
+5.08%
|
$587.2m
+8.47%
|
$576.5m
-1.82%
|
$576.5m
0.00%
|
$640.1m
+11.03%
|
|
| Gross Profit (Calculated) (derived) | $231.0m |
$278.3m
+20.45%
|
$293.8m
+5.56%
|
$277.3m
-5.60%
|
$428.9m
+54.65%
|
$389.6m
-9.16%
|
$416.3m
+6.87%
|
$466.1m
+11.97%
|
$475.7m
+2.06%
|
$475.7m
0.00%
|
— | |
| Interest Income (Expense), Net | ($3.1m) |
($6.7m)
-114.61%
|
($12.5m)
-88.52%
|
($7.2m)
+42.26%
|
— | ($5.6m) |
($6.6m)
-19.12%
|
— | — | — | $1.8m | |
| Research and Development Expense | $9.6m | $10.6m | $10.9m | $11.3m | $11.3m | $12.7m | $13.6m | $14.3m | $15.3m | $15.3m | $16.6m | |
| Selling, General and Administrative Expense | $160.5m | $177.4m | $192.5m | $181.9m | $181.9m | $224.4m | $236.3m | $279.9m | $301.9m | $301.9m | $320.9m | |
| Amortization of Intangible Assets | $12.0m | $14.2m | $20.2m | $19.1m | — | $20.5m | $18.4m | $29.0m | $28.3m | — | — | |
| Total Costs and Operating Expenses | $454.3m | $545.2m | $616.8m | — | $553.9m | $669.9m | $791.9m | $882.1m | — | $895.0m | — | |
| Operating Income (Loss) | $60.8m |
$88.6m
+45.83%
|
$87.8m
-0.87%
|
$81.1m
-7.63%
|
$81.1m
0.00%
|
$171.3m
+111.14%
|
$165.8m
-3.23%
|
$171.3m
+3.32%
|
$157.3m
-8.15%
|
$157.3m
0.00%
|
$174.6m
+11.02%
|
|
| Investment Income, Interest | $447k | $379k | $213k | $181k | — | $904k | $1.8m | $1.9m | $1.9m | — | — | |
| Interest Income | $447k | $379k | $213k | — | $181k | $267k | $1.8m | $1.9m | — | $1.9m | $1.8m | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | ($377k) | — | ($2.7m) | ($1.2m) | ($1.7m) | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | ($658k) | — | — | — | |
| Other Income | — | — | — | — | — | — | $841k | — | — | — | — | |
| Other Expense, Net | ($872k) | ($2.4m) | ($6.4m) | — | ($195k) | ($104k) | ($101k) | ($69k) | — | ($61k) | — | |
| Interest Expense (non-operating) | $3.5m | $7.0m | $12.8m | $7.4m | $7.4m | $6.5m | $8.4m | $20.0m | $15.6m | $15.6m | $18.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $2.8m | ($397k) | $93k | $14.1m | — | $46.6m | $57.8m | $51.4m | $55.0m | — | $156.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $57.7m | $79.5m | $68.9m | $73.7m | $73.7m | $165.6m | $159.0m | $153.1m | $143.6m | $143.6m | $156.9m | |
| Provision for Income Taxes (Note 5) | $26.1m | $18.5m | $16.4m | $17.9m | $17.9m | $27.2m | $42.2m | $40.5m | $39.9m | $39.9m | — | |
| Current Income Tax Expense (Benefit) | $25.5m | $22.7m | $18.8m | $17.8m | — | $36.7m | $44.2m | $39.3m | $37.5m | — | $45.6m | |
| Net Income (Loss) Attributable to Parent | $31.1m |
$60.4m
+94.30%
|
$52.1m
-13.81%
|
$55.2m
+6.01%
|
$55.2m
0.00%
|
$120.9m
+119.09%
|
$116.1m
-4.02%
|
$111.6m
-3.85%
|
$102.0m
-8.63%
|
$102.0m
0.00%
|
$109.7m
+7.61%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $491k | $633k | $496k | $543k | — | $802k | $737k | $956k | $1.7m | — | $109.7m | |
| Net Income Attributable to Noncontrolling Interests | ($491k) | ($633k) | ($496k) | — | ($543k) | ($838k) | ($737k) | ($956k) | — | ($1.7m) | — | |
| Income (Loss) from Continuing Operations, Per Basic Share | $3 | $5 | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $3 | $5 | — | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | $2.83 | $5.45 | $4.63 | $4.81 | $4.81 | $10.38 | $9.92 | $9.51 | $8.66 | $8.66 | $9.30 | |
| Earnings Per Share, Diluted | $2.75 | $5.30 | $4.54 | $4.77 | $4.77 | $10.35 | $9.90 | $9.48 | $8.65 | $8.65 | $9.30 | |
| Common Stock, Dividends, Per Share, Declared | $0.84 | $0.88 | $0.92 | $0.96 | $4.81 | $1.04 | $1.16 | $1.28 | $1.36 | $8.66 | — | |
| Basic (in shares) | $11.0m | $11.1m | $11.2m | — | $11.5m | $11.6m | $11.7m | $11.7m | — | $11.8m | $11.8m | |
| Diluted (in shares) | $11.3m | $11.4m | $11.5m | — | $11.6m | $11.7m | $11.7m | $11.8m | — | $11.8m | $11.8m | |
| Weighted Average Number of Shares Outstanding, Basic | 11.0m | 11.1m | 11.2m | 11.5m | — | 11.7m | 11.7m | 11.7m | 11.8m | — | 11.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 11.3m | 11.4m | 11.5m | 11.6m | — | 11.7m | 11.7m | 11.8m | 11.8m | — | 11.8m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $5.4m | $1.3m | $843k | $485k | — | $668k | — | — | — | — | — | |
| Cost, Depreciation and Amortization | $7.4m | $9.4m | — | — | — | — | — | — | — | — | — | |
| Costs and Expenses | $454.3m | $545.2m | $616.8m | $553.9m | — | $733.5m | $791.9m | $882.1m | $895.0m | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | — | $29k | — | — | — | — | $658k | |
| Other costs, net (Note 8) | — | — | — | — | — | — | $723k | $658k | — | $1.3m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $31.1m | $60.4m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $31.6m | $61.0m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | $0 | — | — | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.