Kadant Inc. (KAI) Stock

Kadant Inc. (KAI) is a Industrials stock trading at $314.66 (as of 2026-08-20), with a market capitalization of $3.72B and a trailing P/E of 33.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Kadant Inc. provides technologies and engineered systems worldwide. It operates through three segments—Flow Control, Industrial Processing, and Material Handling—covering fluid-handling and steam/condensate systems, equipment and automation for pulp and wood-related processing, and conveying/vibratory and baler equipment, along with biodegradable absorbent granules used in agricultural and lawn-and-garden applications.

Understand Kadant Inc.: how it makes money

Kadant supplies engineered technologies and systems, and sells them through its Flow Control, Industrial Processing, and Material Handling segments, with revenue that includes aftermarket parts and consumables.

The profit model blends sales of engineered systems with aftermarket parts and consumables, so performance depends on both new system/equipment activity and ongoing consumables demand.

Revenue by segment (latest quarter)
Flow Control$0.1B
Industrial Processing$0.1B
Material Handling$0.1B

Business quality (Mixed): Clear segment structure and an operating mix that includes aftermarket parts and consumables, but investors should watch organic revenue and order momentum because weakening demand would likely affect both top line and operating results.

Valuation: At 35× earnings, KAI trades in line with the Machinery average (34×). Note: one-time items can distort reported P/E.

Bull case

  • Aftermarket parts and consumables are a named revenue component: That suggests the business can contribute from both engineered system sales and aftermarket activity, rather than relying on a single sales cycle.
  • Order momentum looks constructive in the latest snapshot: The Book-To-Bill Ratio is 1.14, which can indicate incoming orders are at least keeping pace with billings.

Bear case

  • Growth risk if demand slows: Organic Revenue is a key operating metric, so if organic growth weakens it can directly reduce overall performance.
  • Working-capital risk: Cash Conversion Days are 130.0, so changes in collection timing or inventory dynamics could affect cash flow even when reported revenue is stable.
Valuation — source: SEC EDGAR (first-party)
Price$314.66
Market Cap$3.72B
P/E Ratio33.9
EV / EBITDA15.7
Price / Book3.59
Price / Sales3.23
FCF Yield4.3%
DCF Value (model)$88.56
DCF Upside vs Price-71.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.05B
Net Margin9.7%
Revenue Growth (YoY)22.6%
EPS Growth (YoY)23.9%
FCF Growth (YoY)16.6%
Financial Health — source: SEC EDGAR
Altman Z-Score5.00 (safe)
Piotroski F-Score5/9 (moderate)
Valuation vs Sector & Industry
Stock P/E33.9
Sector P/E (Industrials)25.9
Industry P/E (Machinery)32.3
vs Sector30.8%
vs Industry4.9%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($507.70M)
Institutional Holders Tracked10
Congressional Trades (recent)4
Company
SectorIndustrials
IndustryMachinery
CEOJeffrey L. Powell
Employees3,500
CountryUS
IPO Date1992-11-03

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KAI earnings history · KAI institutional & insider holders · KAI KPIs & operating metrics · KAI financials · KAI investor presentations & press releases · KAI SEC filings · KAI peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.