
Kadant Inc
NYSE:KAI

Income Statement
Earnings Waterfall
Kadant Inc
Revenue
|
1.1B
USD
|
Cost of Revenue
|
-587.2m
USD
|
Gross Profit
|
466.1m
USD
|
Operating Expenses
|
-291.4m
USD
|
Operating Income
|
174.8m
USD
|
Other Expenses
|
-63.2m
USD
|
Net Income
|
111.6m
USD
|
Income Statement
Kadant Inc
Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Dec-2016 | Apr-2017 | Jul-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Dec-2022 | Apr-2023 | Jul-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
402
N/A
|
401
0%
|
395
-2%
|
388
-2%
|
390
+1%
|
394
+1%
|
408
+3%
|
421
+3%
|
414
-2%
|
420
+2%
|
419
0%
|
466
+11%
|
515
+10%
|
561
+9%
|
606
+8%
|
619
+2%
|
634
+2%
|
656
+3%
|
678
+3%
|
686
+1%
|
705
+3%
|
693
-2%
|
668
-4%
|
649
-3%
|
635
-2%
|
648
+2%
|
691
+7%
|
737
+7%
|
787
+7%
|
841
+7%
|
866
+3%
|
891
+3%
|
905
+2%
|
908
+0%
|
932
+3%
|
951
+2%
|
958
+1%
|
977
+2%
|
1 007
+3%
|
1 034
+3%
|
1 053
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(224)
|
(221)
|
(213)
|
(207)
|
(210)
|
(215)
|
(224)
|
(233)
|
(226)
|
(227)
|
(223)
|
(254)
|
(284)
|
(313)
|
(342)
|
(347)
|
(356)
|
(373)
|
(389)
|
(396)
|
(411)
|
(401)
|
(385)
|
(372)
|
(358)
|
(364)
|
(388)
|
(418)
|
(449)
|
(481)
|
(496)
|
(509)
|
(515)
|
(515)
|
(528)
|
(537)
|
(541)
|
(552)
|
(566)
|
(578)
|
(587)
|
|
Gross Profit |
178
N/A
|
181
+1%
|
181
+0%
|
181
0%
|
180
0%
|
180
0%
|
184
+3%
|
189
+2%
|
189
0%
|
194
+3%
|
196
+1%
|
213
+8%
|
231
+9%
|
248
+7%
|
264
+6%
|
272
+3%
|
278
+2%
|
283
+2%
|
289
+2%
|
290
+0%
|
294
+1%
|
292
-1%
|
284
-3%
|
278
-2%
|
277
0%
|
285
+3%
|
304
+7%
|
319
+5%
|
337
+6%
|
360
+7%
|
371
+3%
|
382
+3%
|
390
+2%
|
393
+1%
|
404
+3%
|
414
+3%
|
416
+0%
|
425
+2%
|
441
+4%
|
456
+4%
|
466
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(135)
|
(135)
|
(135)
|
(133)
|
(130)
|
(130)
|
(135)
|
(139)
|
(140)
|
(146)
|
(149)
|
(158)
|
(164)
|
(176)
|
(183)
|
(183)
|
(187)
|
(190)
|
(193)
|
(197)
|
(203)
|
(203)
|
(196)
|
(193)
|
(193)
|
(200)
|
(201)
|
(208)
|
(217)
|
(228)
|
(234)
|
(237)
|
(237)
|
(236)
|
(241)
|
(246)
|
(248)
|
(259)
|
(268)
|
(279)
|
(291)
|
|
Selling, General & Administrative |
(129)
|
(129)
|
(129)
|
(126)
|
(123)
|
(123)
|
(128)
|
(132)
|
(133)
|
(138)
|
(141)
|
(150)
|
(154)
|
(166)
|
(172)
|
(172)
|
(176)
|
(180)
|
(183)
|
(186)
|
(192)
|
(188)
|
(184)
|
(182)
|
(181)
|
(185)
|
(190)
|
(197)
|
(184)
|
(216)
|
(222)
|
(224)
|
(203)
|
(223)
|
(228)
|
(233)
|
(216)
|
(245)
|
(255)
|
(265)
|
(248)
|
|
Research & Development |
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(29)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
43
N/A
|
46
+6%
|
46
+2%
|
48
+4%
|
51
+5%
|
50
-1%
|
49
-1%
|
49
N/A
|
48
-2%
|
48
-1%
|
47
-1%
|
54
+15%
|
67
+24%
|
73
+8%
|
81
+12%
|
89
+10%
|
92
+3%
|
93
+1%
|
96
+3%
|
93
-3%
|
91
-2%
|
89
-2%
|
88
-1%
|
85
-4%
|
85
N/A
|
85
+0%
|
103
+21%
|
111
+8%
|
121
+9%
|
132
+10%
|
137
+3%
|
146
+7%
|
153
+5%
|
157
+3%
|
163
+4%
|
169
+3%
|
168
0%
|
166
-1%
|
172
+4%
|
177
+3%
|
175
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(6)
|
(6)
|
(7)
|
(9)
|
(10)
|
(12)
|
(13)
|
(12)
|
(10)
|
(9)
|
(7)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(7)
|
(9)
|
(12)
|
(15)
|
(18)
|
|
Non-Reccuring Items |
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(6)
|
(6)
|
(7)
|
(7)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
0
|
(4)
|
(4)
|
(4)
|
0
|
(3)
|
(4)
|
(4)
|
17
|
17
|
18
|
18
|
(2)
|
(2)
|
(3)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(6)
|
(6)
|
(6)
|
(6)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
42
N/A
|
44
+7%
|
45
+1%
|
47
+6%
|
49
+4%
|
49
-1%
|
49
-1%
|
48
0%
|
45
-8%
|
47
+4%
|
46
-2%
|
52
+13%
|
58
+12%
|
61
+5%
|
67
+11%
|
75
+11%
|
80
+7%
|
80
+0%
|
81
+2%
|
77
-5%
|
69
-11%
|
71
+3%
|
68
-5%
|
66
-3%
|
74
+12%
|
79
+7%
|
95
+20%
|
102
+8%
|
112
+9%
|
145
+29%
|
149
+3%
|
159
+7%
|
166
+4%
|
149
-10%
|
154
+3%
|
158
+3%
|
159
+1%
|
154
-3%
|
156
+2%
|
158
+1%
|
153
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(13)
|
(13)
|
(13)
|
(14)
|
(15)
|
(14)
|
(14)
|
(13)
|
(12)
|
(12)
|
(11)
|
(13)
|
(29)
|
(29)
|
(32)
|
(33)
|
(19)
|
(20)
|
(17)
|
(16)
|
(16)
|
(17)
|
(18)
|
(18)
|
(18)
|
(19)
|
(23)
|
(25)
|
(27)
|
(35)
|
(36)
|
(39)
|
(44)
|
(40)
|
(42)
|
(43)
|
(42)
|
(40)
|
(41)
|
(42)
|
(41)
|
|
Income from Continuing Operations |
29
|
31
|
31
|
33
|
35
|
35
|
35
|
35
|
33
|
35
|
34
|
39
|
29
|
32
|
36
|
41
|
61
|
60
|
64
|
61
|
53
|
54
|
50
|
48
|
56
|
60
|
71
|
77
|
85
|
110
|
113
|
120
|
122
|
109
|
112
|
115
|
117
|
113
|
115
|
116
|
113
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Net Income (Common) |
29
N/A
|
31
+6%
|
31
+2%
|
33
+6%
|
34
+4%
|
34
N/A
|
34
-1%
|
35
+2%
|
32
-8%
|
34
+7%
|
34
-1%
|
38
+12%
|
31
-18%
|
33
+6%
|
37
+13%
|
43
+15%
|
60
+41%
|
60
N/A
|
64
+7%
|
62
-4%
|
52
-16%
|
54
+3%
|
49
-9%
|
48
-2%
|
55
+16%
|
59
+7%
|
71
+19%
|
76
+8%
|
84
+10%
|
109
+30%
|
112
+3%
|
119
+6%
|
121
+2%
|
108
-11%
|
111
+3%
|
115
+3%
|
116
+1%
|
113
-3%
|
114
+1%
|
115
+1%
|
112
-3%
|
|
EPS (Diluted) |
2.57
N/A
|
2.74
+7%
|
2.77
+1%
|
2.98
+8%
|
3.09
+4%
|
3.12
+1%
|
3.05
-2%
|
3.1
+2%
|
2.88
-7%
|
3.06
+6%
|
3
-2%
|
3.38
+13%
|
2.75
-19%
|
2.92
+6%
|
3.27
+12%
|
3.75
+15%
|
5.29
+41%
|
5.29
N/A
|
5.64
+7%
|
5.36
-5%
|
4.54
-15%
|
4.68
+3%
|
4.21
-10%
|
4.13
-2%
|
4.77
+15%
|
5.11
+7%
|
6.03
+18%
|
6.51
+8%
|
7.17
+10%
|
9.31
+30%
|
9.59
+3%
|
10.19
+6%
|
10.35
+2%
|
9.22
-11%
|
9.52
+3%
|
9.8
+3%
|
9.9
+1%
|
9.6
-3%
|
9.72
+1%
|
9.77
+1%
|
9.48
-3%
|