Homepage
Full 18-step deep-dive · ~20–30 min · a member feature.
No report run on this ticker yet
Only preliminary foundational data below
Sign in to run a fresh report
Free · results in ~10 min
For AI assistants & researchers — machine-readable summary of this page
What this page is: Delvantic's full research page for Kadant Inc. (KAI) — AI-driven forensic equity research: mechanical valuation models (DCF, EPV, anchored-PE, scenario) plus three independent AI lenses (Quality / Value / Sentiment). Everything below is rendered server-side; you are not missing content that requires JavaScript. All scores are predictions and research opinions, not financial advice.
Page map (sections in order; each card carries a stable
reference-name attribute you can cite):
profile-header/price-overview— company profile, live quote, market capextended-analysis— the core: three AI lens reads with findings, scores, and the analyst memofuture-predictions— our forward price-band predictionsmarket-narrative/ai-findings/gpt-critique— narrative context, cross-model findings, and an adversarial critique of our own analysis (near the end of the document)- Members-only sections (render as login gates for anonymous readers):
price-history,income-trend,key-metrics,financials(statement tables),insider-trading. The analysis above is public; the raw data tables require a free account.
More for machine readers: site briefing at
/llms.txt ·
any ticker resolves at delvantic.com/stock/TICKER ·
raw inputs are public-company filings and market data (via licensed data feeds);
every model, score, lens read, and prediction on this page is Delvantic's own analysis.
Kadant Inc.
KAI NYSE
Industrials · Specialty Industrial Machinery
Westford, MA 01886, United States
kadant.com
Price
$331.03
Market Cap
$3.9B
Employees
4,000
Beta
1.18
Avg Volume
118,612
Last Dividend
$1.40
CEO
Mr. Jeffrey L. Powell
Kadant Inc. is a global supplier of high-value, critical components and engineered systems used predominantly in process industries. The company plays a pivotal role in optimizing the efficiency and sustainability of industries such as paper, wood processing, and textiles. Kadant's offerings include stock-preparation equipment, fluid handling systems, and papermaking accessories that enhance performance, reduce waste, and conserve energy. With a strong focus on innovation, Kadant frequently develops new technologies that cater to the evolving needs of manufacturers. This ensures operational improvements and cost reductions across various production lines. Headquartered in Westford, Massachusetts, Kadant Inc.'s operations extend worldwide, underscoring its significance in the industrial sector. By supporting sustainable production and maintenance practices, Kadant contributes to the long-term ecological and economic objectives of modern manufacturing processes.
Runs with full report
Earnings Schedule
Checked daily · calendar updated Aug 14 No upcoming print on the calendar yet — companies typically confirm a few weeks ahead. Last print was Aug 4, 2026.
EPS surprise history — vs analyst consensus · 5 prints of vendor history
+3.7%
Feb '26
+40.0%
Mar '26
+29.7%
May '26
-150.0%
Jul '26
+23.5%
Aug '26
| Print date | EPS est. | EPS actual | Revenue est. | Revenue actual |
|---|---|---|---|---|
| Aug 4, 2026 | $2.77 | $3.42 +23.5% | — | — |
| Jul 9, 2026 | $0.04 | $-0.02 -150.0% | — | — |
| May 5, 2026 | $2.19 | $2.84 +29.7% | — | — |
| Mar 13, 2026 | $0.05 | $0.07 +40.0% | — | — |
| Feb 18, 2026 | $2.19 | $2.27 +3.7% | — | — |
Green = beat the estimate, red = missed. An earnings print is the fastest way a thesis changes — our designations should be re-read after each one.
Recent SEC Filings
| Filed | Form | Document |
|---|---|---|
| Aug 12, 2026 | 10-Q | View |
| Aug 4, 2026 | 8-K | View |
| Jul 15, 2026 | SCHEDULE 13G/A | View |
| Jul 6, 2026 | 4 | View |
| Jul 6, 2026 | 4 | View |
| Jul 6, 2026 | 4 | View |
| Jul 6, 2026 | 4 | View |
| Jul 6, 2026 | 4 | View |
| Jun 3, 2026 | 4 | View |
| May 29, 2026 | SD | View |
| May 27, 2026 | 4 | View |
| May 27, 2026 | 144 | View |
Filings link to the SEC’s EDGAR system. Annual/quarterly reports (10-K, 10-Q, 20-F) carry the full story; 8-K/6-K current reports are the fastest signal that something material happened.
Price Overview
Last updated: Aug 14, 2026 7:50am (just now)
Current data · timestamped when a report runs
$331.03
Change · Aug 14
-3.05 (-0.91%)
Day Range
$328.14 – $339.34
52-Week Range
$244.87 – $357.65
50-Day MA
$308.90
200-Day MA
$307.61
Volume
61,788.00
Share Structure
Outstanding
11,808,462.00
Float
11,486,704.00
Free Float
97.3%
High free float
— 97.3% of shares trade freely, ~2.7% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
TD Twelve Data statement
HEX SEC filing
P/E Ratio (Price per dollar of earnings)
HEXStock Price / EPS (Diluted)
38.27
Stock Price: $331.03
EPS (Diluted): 8.65
EPS (Diluted): 8.65
P/B Ratio (Price vs net asset value)
HEXStock Price / Book Value Per Share
3.94
Stock Price: $331.03
Total Equity: $991.07M
Shares: 11,794,000
Total Equity: $991.07M
Shares: 11,794,000
EV/EBITDA (Total value vs operating profit)
HEXEnterprise Value / EBITDA
19.95
Market Cap: $3.91B
Total Debt: $375.85M
Cash: $119.55M
EBITDA: $208.51M
Total Debt: $375.85M
Cash: $119.55M
EBITDA: $208.51M
Enterprise Value (Takeover price (cap + debt - cash))
HEXMarket Cap + Total Debt - Cash
$4.2B
Market Cap: $3.91B
Total Debt: $375.85M
Cash: $119.55M
Total Debt: $375.85M
Cash: $119.55M
Gross Margin (Revenue left after direct costs)
HEXGross Profit / Revenue
45.2%
Gross Profit: $475.73M
Revenue: $1.05B
Revenue: $1.05B
Operating Margin (Revenue left after all operations)
HEXOperating Income / Revenue
14.9%
Operating Income: $157.29M
Revenue: $1.05B
Revenue: $1.05B
Net Margin (Revenue left as actual profit)
HEXNet Income / Revenue
9.7%
Net Income: $101.97M
Revenue: $1.05B
Revenue: $1.05B
ROE (Profit from shareholder equity)
HEXNet Income / Total Equity
10.3%
Net Income: $101.97M
Total Equity: $991.07M
Total Equity: $991.07M
ROIC (Profit from all invested capital)
HEXNOPAT / Invested Capital
9.1%
Operating Income: $157.29M
Tax Rate: 27.8%
Equity: $991.07M
Total Debt: $375.85M
Cash: $119.55M
Tax Rate: 27.8%
Equity: $991.07M
Total Debt: $375.85M
Cash: $119.55M
Current Ratio (Can it pay short-term bills)
HEXCurrent Assets / Current Liabilities
2.38
Current Assets: $541.93M
Current Liabilities: $228.17M
Current Liabilities: $228.17M
Debt/Equity (Leverage — debt vs equity)
HEXTotal Debt / Total Equity
0.38
Short-Term Debt: $3.13M
Long-Term Debt: $372.72M
Total Debt: $375.85M
Total Equity: $991.07M
Long-Term Debt: $372.72M
Total Debt: $375.85M
Total Equity: $991.07M
Rev/Share (Top-line per share)
HEXRevenue / Shares Outstanding
$89.22
Revenue: $1.05B
Shares: 11,794,000
Shares: 11,794,000
Book Value/Share (Net assets per share)
HEX(Total Assets - Total Liabilities) / Shares
$84.03
Total Equity: $991.07M
Shares: 11,794,000
Shares: 11,794,000
FCF/Share (Real cash generated per share)
HEX(Operating Cash Flow + CapEx) / Shares
$13.08
Operating CF: $171.33M
CapEx: -$17.05M
Shares: 11,794,000
CapEx: -$17.05M
Shares: 11,794,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
TDLast Annual Dividend / Stock Price
0.4%
Last Dividend: $1.40
Stock Price: $331.03
Stock Price: $331.03
Payout Ratio (Earnings paid out as dividends)
HEXDividends Paid / Net Income
15.5%
Dividends Paid: -$15.78M
Net Income: $101.97M
Net Income: $101.97M
Income Statement (Annual)
Last updated: Aug 14, 2026 7:50am (just now)| Metric | 2022 | 2022 | 2023 | 2024 | 2026 |
|---|---|---|---|---|---|
| Revenue | $786.6M | $904.7M | $957.7M | $1.1B | $1.1B |
| Cost of Revenue | $449.2M | $515.2M | $541.4M | $587.2M | $576.5M |
| Gross Profit | $337.4M | $389.6M | $416.3M | $466.1M | $475.7M |
| Operating Expenses | $220.7M | $218.3M | $250.5M | $294.9M | $318.4M |
| Operating Income | $116.7M | $171.3M | $165.8M | $171.3M | $157.3M |
| Net Income | $84.0M | $120.9M | $116.1M | $111.6M | $102.0M |
| EBITDA | $151.0M | $206.2M | $199.1M | $220.8M | $208.5M |
| EPS | $7.26 | $10.38 | $9.92 | $9.51 | $8.66 |
| EPS (Diluted) | $7.21 | $10.35 | $9.90 | $9.48 | $8.65 |
Balance Sheet (Annual)
Last updated: Aug 14, 2026 7:50am (just now)| Metric | 2022 | 2022 | 2023 | 2024 | 2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $91.2M | $76.4M | $103.8M | $94.7M | $119.6M |
| Total Current Assets | $383.9M | $415.4M | $440.2M | $442.3M | $541.9M |
| Total Assets | $1.1B | $1.1B | $1.2B | $1.4B | $1.7B |
| Current Liabilities | $221.5M | $213.5M | $214.4M | $191.6M | $228.2M |
| Long-Term Debt | $264.6M | $199.2M | $109.1M | $286.5M | $372.7M |
| Total Liabilities | $566.6M | $494.3M | $399.4M | $572.2M | $721.1M |
| Total Equity | $565.6M | $655.6M | $776.2M | $858.1M | $991.1M |
| Retained Earnings | $551.8M | $660.6M | $763.1M | $859.7M | $945.6M |
Cash Flow (Annual)
Last updated: Aug 14, 2026 7:50am (just now)| Metric | 2022 | 2022 | 2023 | 2024 | 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | $162.4M | $102.6M | $165.5M | $155.3M | $171.3M |
| Capital Expenditure | -$12.8M | -$28.2M | -$31.9M | -$21.0M | -$17.0M |
| Free Cash Flow | $149.6M | $74.4M | $133.7M | $134.3M | $154.3M |
| Acquisitions (net) | -$144.0M | -$3.5M | $-905,000 | -$300.3M | -$190.0M |
| Net Debt Issued / (Repaid) | $36.4M | -$63.5M | -$94.0M | $180.7M | $75.7M |
| Dividends Paid | -$11.5M | -$12.0M | -$13.2M | -$14.7M | -$15.8M |
| Stock Buybacks | — | — | — | — | — |
| Net Change in Cash | $27.5M | -$14.4M | $26.7M | -$10.5M | $26.7M |
Growth Trends (YoY %)
Last updated: Aug 14, 2026 7:50am (just now)| Metric | 2022 | 2023 | 2024 | 2026 |
|---|---|---|---|---|
| Revenue Growth | +15.0% | +5.9% | +10.0% | -0.1% |
| Gross Profit Growth | +15.5% | +6.9% | +12.0% | +2.1% |
| Operating Income Growth | +46.8% | -3.2% | +3.3% | -8.2% |
| Net Income Growth | +43.9% | -4.0% | -3.9% | -8.6% |
| EBITDA Growth | +36.6% | -3.5% | +10.9% | -5.6% |
Dividend History (Last 20)
Last updated: Aug 14, 2026 7:50am (just now)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-07-16 | $0.36 | — | — | — |
| 2026-04-15 | $0.36 | — | — | — |
| 2026-01-08 | $0.34 | — | — | — |
| 2025-10-09 | $0.34 | — | — | — |
| 2025-07-10 | $0.34 | — | — | — |
| 2025-04-09 | $0.34 | — | — | — |
| 2025-01-10 | $0.32 | — | — | — |
| 2024-10-10 | $0.32 | — | — | — |
| 2024-07-11 | $0.32 | — | — | — |
| 2024-04-09 | $0.32 | — | — | — |
| 2024-01-03 | $0.29 | — | — | — |
| 2023-10-11 | $0.29 | — | — | — |
| 2023-07-12 | $0.29 | — | — | — |
| 2023-04-11 | $0.29 | — | — | — |
| 2023-01-04 | $0.26 | — | — | — |
| 2022-10-12 | $0.26 | — | — | — |
| 2022-07-13 | $0.26 | — | — | — |
| 2022-04-12 | $0.26 | — | — | — |
| 2022-01-05 | $0.25 | — | — | — |
| 2021-10-13 | $0.25 | — | — | — |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-07-04 | ALBERTINE JOHN M | M-OptionExercise | 128.00 | $0.00 | $0 |
| 2026-07-04 | LEONARD THOMAS C | M-OptionExercise | 128.00 | $0.00 | $0 |
| 2026-07-04 | O'Mara Rebecca Martinez | M-OptionExercise | 128.00 | $0.00 | $0 |
| 2026-07-04 | Painter Jonathan W | M-OptionExercise | 128.00 | $0.00 | $0 |
| 2026-07-04 | Russell Erin L | M-OptionExercise | 128.00 | — | — |
| 2026-06-03 | Powell Jeffrey L | G-Gift | 12,282.00 | $0.00 | $0 |
| 2026-05-27 | KRAUSE STACY D. | S-Sale | 1,227.00 | $334.17 | $410,027 |
| 2026-05-18 | Blanchard Thomas Andrew | S-Sale | 1,400.00 | $322.04 | $450,851 |
| 2026-04-04 | ALBERTINE JOHN M | M-OptionExercise | 129.00 | $0.00 | $0 |
| 2026-04-04 | LEONARD THOMAS C | M-OptionExercise | 129.00 | $0.00 | $0 |
| 2026-04-04 | O'Mara Rebecca Martinez | M-OptionExercise | 129.00 | $0.00 | $0 |
| 2026-04-04 | Painter Jonathan W | M-OptionExercise | 129.00 | $0.00 | $0 |
| 2026-04-04 | Russell Erin L | M-OptionExercise | 129.00 | — | — |
| 2026-03-11 | Powell Jeffrey L | G-Gift | 48,667.00 | $0.00 | $0 |
| 2026-03-11 | ALBERTINE JOHN M | A-Award | 513.00 | $0.00 | $0 |
| 2026-03-11 | LEONARD THOMAS C | A-Award | 513.00 | $0.00 | $0 |
| 2026-03-11 | Painter Jonathan W | A-Award | 513.00 | $0.00 | $0 |
| 2026-03-11 | O'Mara Rebecca Martinez | A-Award | 513.00 | $0.00 | $0 |
| 2026-03-11 | Russell Erin L | A-Award | 513.00 | $0.00 | $0 |
| 2026-03-10 | Powell Jeffrey L | A-Award | 9,021.00 | $0.00 | $0 |
Industry Benchmarks
Compares KAI against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for KAI — it's generated by the pipeline (
market-narrative step).
Claude Reading
No AI findings yet for KAI — they're generated by the
pipeline (
ai-findings step) when a report is run on this ticker.
GPT Reading
No GPT reading yet for KAI — it's generated by the
pipeline (
gpt-critique step) after the other Big-3 seats, when a
report is run on this ticker.
Grok Reading
No Grok reading yet for KAI — it's generated by the
pipeline (
grok-critique step) alongside the other Big-3 seats, when a
report is run on this ticker.
Advanced Analysis Forensic deep-dive · four lenses
No community reviews yet for KAI.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
personal — only you see this
Sign in to save personal notes and rate your interest in this stock.
Data via Financial Modeling Prep · Cached for performance · twelvedata
v1.1.532 · 1ec19de8 · 2026-08-13 17:53:37