Kadant Inc. (KAI)

Kadant Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021	Dec 28, 2019
Revenue	1,034	957.67	904.74	786.58	635.03	704.64
Revenue Growth (YoY)	8.72%	5.85%	15.02%	23.87%	-9.88%	11.18%
Cost of Revenue	573.7	541.37	515.4	444.93	357.72	410.88
Gross Profit	460.34	416.31	389.34	341.65	277.31	293.76
Selling, General & Admin	265.22	234.84	223.78	205.19	181.54	192.1
Research & Development	14.08	13.56	12.72	11.4	11.3	10.88
Other Operating Expenses	-0.84	-0.84	-	-	-	-
Operating Expenses	278.46	247.56	236.51	216.6	192.84	202.98
Operating Income	181.88	168.75	152.83	125.05	84.47	90.78
Interest Expense	-17.06	-8.4	-6.48	-4.82	-7.42	-12.76
Interest & Investment Income	2.09	1.76	0.9	0.27	0.18	0.21
Other Non Operating Income (Expenses)	-0.07	-0.08	-0.03	-0.04	-0.07	-0.06
EBT Excluding Unusual Items	166.84	162.02	147.23	120.46	77.15	78.18
Merger & Restructuring Charges	-8.56	-3.01	-1.78	-8.92	-1.6	-1.04
Gain (Loss) on Sale of Assets	-	-	20.19	0.52	-	-
Asset Writedown	-	-	-	-	-1.86	-2.34
Other Unusual Items	-	-	-	-	-	-5.89
Pretax Income	158.28	159.02	165.64	112.05	73.69	68.92
Income Tax Expense	42.26	42.21	43.91	27.17	17.95	16.36
Earnings From Continuing Operations	116.02	116.81	121.73	84.88	55.74	52.56
Net Income to Company	116.02	116.81	121.73	84.88	55.74	52.56
Minority Interest in Earnings	-1.06	-0.74	-0.8	-0.84	-0.54	-0.5
Net Income	114.96	116.07	120.93	84.04	55.2	52.07
Net Income to Common	114.96	116.07	120.93	84.04	55.2	52.07
Net Income Growth	0.18%	-4.02%	43.89%	52.26%	6.01%	-13.81%
Shares Outstanding (Basic)	12	12	12	12	11	11
Shares Outstanding (Diluted)	12	12	12	12	12	11
Shares Change (YoY)	0.39%	0.35%	0.28%	0.79%	0.93%	0.50%
EPS (Basic)	9.80	9.92	10.38	7.26	4.81	4.63
EPS (Diluted)	9.77	9.90	10.35	7.21	4.77	4.54
EPS Growth	-0.31%	-4.35%	43.55%	51.15%	5.07%	-14.34%
Free Cash Flow	137.42	133.7	74.43	149.65	85.29	87.46
Free Cash Flow Per Share	11.68	11.40	6.37	12.84	7.38	7.63
Dividend Per Share	1.250	1.160	1.040	1.000	0.960	0.920
Dividend Growth	10.62%	11.54%	4.00%	4.17%	4.35%	4.55%
Gross Margin	44.52%	43.47%	43.03%	43.43%	43.67%	41.69%
Operating Margin	17.59%	17.62%	16.89%	15.90%	13.30%	12.88%
Profit Margin	11.12%	12.12%	13.37%	10.68%	8.69%	7.39%
Free Cash Flow Margin	13.29%	13.96%	8.23%	19.03%	13.43%	12.41%
EBITDA	226.76	202.04	187.77	159.35	115.8	123.17
EBITDA Margin	21.93%	21.10%	20.75%	20.26%	18.24%	17.48%
D&A For EBITDA	44.89	33.3	34.94	34.3	31.33	32.39
EBIT	181.88	168.75	152.83	125.05	84.47	90.78
EBIT Margin	17.59%	17.62%	16.89%	15.90%	13.30%	12.88%
Effective Tax Rate	26.70%	26.54%	26.51%	24.25%	24.36%	23.73%

Source: S&P Capital IQ. Standard template. Financial Sources.