Highest-materiality recent filing
Kadant Q2 revenue up 23% to record $313M; adjusted EPS $3.42 (+26%)
Bookings rose 16% to $312M; backlog $340M.
Kadant Q1 record bookings of $321M (+25% YoY); adj. EPS $2.84 (+14%)
Revenue $282M (+18% YoY); gross margin 45.0% (-110 bps).
Kadant completes €157M acquisition of voestalpine BÖHLER Profil, renamed Kadant Profil
Acquired voestalpine BÖHLER Profil for approximately €157M cash, financed via revolving credit facility.
Now excludes full amortization of acquired intangible assets from adjusted EPS, not just acquired backlog.
Kadant Q4 revenue up 11% to record $286M; FY EPS down 9% to $8.65
Q4 revenue record $286M (+11%); adjusted EPS $2.27 (+1%); gross margin 43.9% (+50bps).
Kadant to acquire voestalpine BÖHLER Profil for €157M cash, expected close Q1 2026
Purchase price approx. €157M in cash, financed through Kadant's revolving credit facility.
Kadant Q3 2025 revenue flat at $272M, adjusted EPS down 9% to $2.59, GAAP EPS $2.35
Net income $28M (down 12% YoY); GAAP diluted EPS $2.35, adjusted diluted EPS $2.59.
Kadant completes acquisition of Clyde Industries for $175M cash
Purchase price $175M in cash, financed through Kadant's revolving credit facility.
Kadant Q2 2025 revenue down 7% to $255M; GAAP EPS down 17% to $2.22
Revenue $255M (-7% YoY); bookings $269M (+7% YoY).
Kadant Q1 revenue down 4% to $239M; adjusted EPS falls 12% to $2.10
Revenue $239M (-4% YoY); GAAP EPS $2.04 (-3%); adjusted EPS $2.10 (-12%).
Kadant Q4 revenue +8% to $258M; GAAP EPS $2.04 (-12%); adj EPS $2.25 (-7%)
FY2024 revenue record $1.05B (+10%); GAAP EPS $9.48 (-4%); adj EPS record $10.28 (+2%)
Kadant Q3 revenue up 11% to $272M; record adjusted EPS $2.84, EBITDA margin 23.3%
GAAP EPS $2.68 (+2% YoY); adjusted EPS $2.84 (+6% YoY), a record.
Kadant Q2 revenue up 12% to record $275M; adjusted EPS $2.81 (record)
Revenue of $275M (+12% YoY) and adjusted EBITDA of $62M (record 22.5% of revenue).
Kadant Q1 record revenue $249M (+8%), GAAP EPS $2.10 (-13%), adjusted EPS $2.38 (-1%)
Revenue increased 8% to a record $249 million; GAAP net income $25M (-12%).
Kadant reports record FY revenue $958M (+6%), adjusted EPS $10.04 (+9%), cash flow record $166M
Q4 revenue $239M (+3%), GAAP EPS $2.33 (+4%), adjusted EPS $2.41 (+3%).
Kadant provides acquisition overview of KWS Manufacturing via investor presentation
Webcast and conference call held on January 29, 2024 at 1:00 p.m. ET to discuss the acquisition.
Kadant acquires KWS Manufacturing for ~$84M cash; revenue $45M TTM
Acquired KWS Manufacturing for ~$84M in cash, financed through revolving credit facility.
Kadant announces acquisition of Key Knife; financial terms not disclosed in filing
Acquisition of Key Knife, Inc. announced on January 8, 2024; webcast and conference call held same day at 1:00 PM ET.
Kadant completes acquisition of Key Knife for $156M cash
Acquisition closed Jan 1, 2024 for ~$156M in cash, financed via revolver.
Kadant to acquire Key Knife for ~$156M cash; close expected early Jan 2024
Acquisition price ~$156M in cash, subject to customary adjustments.
Kadant Q3 revenue $244M (+9%), adj. EPS $2.69 record, raises FY guidance
Revenue $244M (+9% YoY), GAAP diluted EPS $2.63 (+12%), adjusted diluted EPS $2.69 (+13%) record.
Kadant Q3 revenue up 9% to $244M; adjusted EPS record $2.69; raises guidance
Revenue $244M (+9% YoY); GAAP EPS $2.63 (+12%); adjusted EPS $2.69 (+13%), a record.
Kadant reports record Q2 revenue $245M, up 11% YoY; raises earnings guidance
GAAP diluted EPS $2.54, up 13% YoY; adjusted EPS also $2.54 (record).
Kadant reports record Q1 bookings of $275M, raises full-year EPS guidance
Bookings rose 3% YoY to a record $275M; revenue up 1% to $230M.
Kadant reports record FY2022 revenue $905M, GAAP EPS $10.35 (+44%); Q4 EPS $2.23 (+8%)
Q4 revenue $232M (+6% YoY); GAAP diluted EPS $2.23 (+8%); adjusted diluted EPS $2.33 (+1%).
Kadant Q3 revenue up 12% to $225M, adjusted EPS record $2.38, bookings down 14%
Revenue $225M (+12% YoY); bookings $211M (-14%); backlog $350M.
Kadant Q2 revenue up 13% to $222M, adjusted EPS up 11% to $2.24, backlog record $379M
Bookings increased 25% to $266M; revenue rose 13% to $222M.
Kadant Q1 revenue and earnings beat; raises full year 2022 guidance
Record Q1 revenue of $226M (+31% YoY); bookings up 30% to record $266M.
Kadant Q4 revenue $219M (+30%), GAAP EPS $2.07 (+48%), record operating cash flow $61M
Q4 revenue record $219M, up 30% YoY; bookings $231M (+17%).
Kadant Q3 records: bookings $245M (+71%), revenue $200M (+29%), EPS $1.75
Bookings rose 71% YoY to a record $245M; backlog hit record $299M.
Kadant COO Eric Langevin to retire March 31, 2022; two VPs to assume responsibilities
Eric T. Langevin, EVP and COO, will retire effective March 31, 2022; no successor COO appointed.
Kadant acquires Balemaster for $54M in cash; expands secondary material processing
Acquisition price $54M cash, subject to customary adjustments.
Kadant posts record Q2 2021; revenue up 28%, adjusted EPS up 90% YoY
Revenue $196M (+28% YoY); GAAP diluted EPS $1.96 (+96%); net income $23M (+97%).
On March 17, 2022, the Board of the Company increased the Board size to seven members and appointed Rebecca Martinez O'Mara as a director of the Company.
On March 15, 2022, William P. Tully notified the board of directors (the "Board") of Kadant Inc. (the "Company") that he will resign as a director of the Company, effective January 1, 2023.
Together, Mr. Fredrik Han Westerhout and Mr. Thomas Andrew Blanchard, who will become vice presidents and executive officers of the Company, will each have supervisory responsibility for certain parts of the Company’s flow control and material handling segments, respectively, which Mr. Langevin has responsibility for now.
Eric T. Langevin, the Executive Vice President and Chief Operating Officer of Kadant Inc. (the “Company”), will retire from the Company on March 31, 2022.
Together, Mr. Fredrik Han Westerhout and Mr. Thomas Andrew Blanchard, who will become vice presidents and executive officers of the Company, will each have supervisory responsibility for certain parts of the Company’s flow control and material handling segments, respectively, which Mr. Langevin has responsibility for now.
Max materiality 0.85 · Median 0.65 · Most common event earnings