KAI: Kadant Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Kadant Inc (KAI).
$4.12B Market Cap.
KAI Market Cap. (MRY)
KAI Shares Outstanding (MRY)
KAI Assets (MRY)
Total Assets
$1.43B
Total Liabilities
$572.22M
Total Investments
$0
KAI Income (MRY)
Revenue
$1.05B
Net Income
$111.60M
Operating Expense
$294.90M
KAI Cash Flow (MRY)
CF Operations
$155.26M
CF Investing
-$319.14M
CF Financing
$159.91M
KAI Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,430,345,000 (21.66%) | $1,175,665,000 (2.24%) | $1,149,881,000 (1.56%) | $1,132,212,000 (22.06%) |
Assets Current | $442,326,000 (0.49%) | $440,182,000 (5.96%) | $415,410,000 (8.21%) | $383,882,000 (32.46%) |
Assets Non-Current | $988,019,000 (34.34%) | $735,483,000 (0.14%) | $734,471,000 (-1.85%) | $748,330,000 (17.34%) |
Goodwill & Intangible Assets | $758,663,000 (37.60%) | $551,370,000 (-1.73%) | $561,100,000 (-5.89%) | $596,230,000 (16.29%) |
Shareholders Equity | $847,127,000 (9.49%) | $773,702,000 (18.33%) | $653,849,000 (15.94%) | $563,936,000 (13.84%) |
Property Plant & Equipment Net | $170,331,000 (21.23%) | $140,504,000 (18.21%) | $118,855,000 (10.06%) | $107,989,000 (27.58%) |
Cash & Equivalents | $95,946,000 (-9.87%) | $106,453,000 (33.53%) | $79,725,000 (-15.33%) | $94,161,000 (41.30%) |
Accumulated Other Comprehensive Income | -$72,368,000 (-68.06%) | -$43,062,000 (21.10%) | -$54,578,000 (-79.83%) | -$30,350,000 (-55.70%) |
Deferred Revenue | $7,641,000 (-37.34%) | $12,194,000 (53.08%) | $7,966,000 (-33.03%) | $11,894,000 (39.72%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $146,092,000 (-4.31%) | $152,677,000 (-6.72%) | $163,672,000 (21.82%) | $134,356,000 (25.79%) |
Trade & Non-Trade Receivables | $142,462,000 (6.37%) | $133,929,000 (2.79%) | $130,297,000 (11.17%) | $117,209,000 (28.04%) |
Trade & Non-Trade Payables | $51,062,000 (21.28%) | $42,104,000 (-27.48%) | $58,060,000 (-2.01%) | $59,250,000 (83.64%) |
Accumulated Retained Earnings (Deficit) | $859,693,000 (12.65%) | $763,131,000 (15.51%) | $660,644,000 (19.71%) | $551,848,000 (15.11%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $41,850,000 (14.98%) | $36,398,000 (-6.06%) | $38,745,000 (10.88%) | $34,944,000 (61.26%) |
Total Debt | $288,527,000 (160.23%) | $110,875,000 (-44.88%) | $201,161,000 (-25.36%) | $269,514,000 (15.44%) |
Debt Current | $3,376,000 (5.20%) | $3,209,000 (-16.02%) | $3,821,000 (-28.66%) | $5,356,000 (263.36%) |
Debt Non-Current | $285,151,000 (164.85%) | $107,666,000 (-45.44%) | $197,340,000 (-25.29%) | $264,158,000 (13.86%) |
Total Liabilities | $572,217,000 (43.26%) | $399,425,000 (-19.20%) | $494,310,000 (-12.76%) | $566,596,000 (31.56%) |
Liabilities Current | $191,565,000 (-10.65%) | $214,409,000 (0.44%) | $213,461,000 (-3.63%) | $221,497,000 (64.45%) |
Liabilities Non-Current | $380,652,000 (105.74%) | $185,016,000 (-34.12%) | $280,849,000 (-18.62%) | $345,099,000 (16.60%) |
KAI Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $1,053,384,000 (9.99%) | $957,672,000 (5.85%) | $904,739,000 (15.02%) | $786,579,000 (23.87%) |
Cost of Revenue | $587,236,000 (8.47%) | $541,366,000 (5.08%) | $515,184,000 (14.69%) | $449,214,000 (25.58%) |
Selling General & Administrative Expense | $279,920,000 (18.48%) | $236,264,000 (5.28%) | $224,405,000 (7.48%) | $208,787,000 (14.78%) |
Research & Development Expense | $14,318,000 (5.57%) | $13,562,000 (6.59%) | $12,724,000 (11.58%) | $11,403,000 (0.93%) |
Operating Expenses | $294,896,000 (17.70%) | $250,549,000 (14.79%) | $218,273,000 (-1.08%) | $220,655,000 (12.47%) |
Interest Expense | $20,028,000 (138.49%) | $8,398,000 (29.64%) | $6,478,000 (34.37%) | $4,821,000 (-35.05%) |
Income Tax Expense | $40,516,000 (-4.01%) | $42,210,000 (-3.86%) | $43,906,000 (61.59%) | $27,171,000 (51.39%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $112,554,000 (-3.64%) | $116,806,000 (-4.05%) | $121,730,000 (43.41%) | $84,881,000 (52.28%) |
Net Income to Non-Controlling Interests | $956,000 (29.72%) | $737,000 (-8.10%) | $802,000 (-4.30%) | $838,000 (54.33%) |
Net Income | $111,598,000 (-3.85%) | $116,069,000 (-4.02%) | $120,928,000 (43.89%) | $84,043,000 (52.26%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $111,598,000 (-3.85%) | $116,069,000 (-4.02%) | $120,928,000 (43.89%) | $84,043,000 (52.26%) |
Weighted Average Shares | $11,739,000 (0.33%) | $11,700,000 (0.39%) | $11,654,000 (0.65%) | $11,579,000 (0.84%) |
Weighted Average Shares Diluted | $11,771,000 (0.36%) | $11,729,000 (0.35%) | $11,688,000 (0.28%) | $11,655,000 (0.79%) |
Earning Before Interest & Taxes (EBIT) | $172,142,000 (3.28%) | $166,677,000 (-2.71%) | $171,312,000 (47.64%) | $116,035,000 (44.02%) |
Gross Profit | $466,148,000 (11.97%) | $416,306,000 (6.87%) | $389,555,000 (15.47%) | $337,365,000 (21.66%) |
Operating Income | $171,252,000 (3.32%) | $165,757,000 (-3.23%) | $171,282,000 (46.76%) | $116,710,000 (43.87%) |
KAI Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$319,137,000 (-936.50%) | -$30,790,000 (-4.30%) | -$29,520,000 (80.89%) | -$154,475,000 (-962.05%) |
Net Cash Flow from Financing | $159,914,000 (243.92%) | -$111,111,000 (-37.91%) | -$80,569,000 (-453.25%) | $22,808,000 (126.97%) |
Net Cash Flow from Operations | $155,265,000 (-6.21%) | $165,545,000 (61.31%) | $102,625,000 (-36.82%) | $162,420,000 (74.86%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$10,507,000 (-139.31%) | $26,728,000 (285.15%) | -$14,436,000 (-152.45%) | $27,521,000 (1785.30%) |
Net Cash Flow - Business Acquisitions and Disposals | -$300,335,000 (-33086.19%) | -$905,000 (73.95%) | -$3,474,000 (97.59%) | -$143,981,000 (-1929.33%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$19,716,000 (34.74%) | -$30,213,000 (-15.81%) | -$26,088,000 (-136.50%) | -$11,031,000 (-48.07%) |
Issuance (Repayment) of Debt Securities | $180,731,000 (292.34%) | -$93,965,000 (-48.09%) | -$63,453,000 (-274.47%) | $36,368,000 (149.45%) |
Issuance (Purchase) of Equity Shares | $1,605,000 (0%) | $0 (0%) | $1,376,000 (-27.27%) | $1,892,000 (-41.00%) |
Payment of Dividends & Other Cash Distributions | -$14,672,000 (-10.96%) | -$13,223,000 (-10.18%) | -$12,001,000 (-4.72%) | -$11,460,000 (-5.11%) |
Effect of Exchange Rate Changes on Cash | -$6,549,000 (-312.35%) | $3,084,000 (144.23%) | -$6,972,000 (-115.72%) | -$3,232,000 (-170.51%) |
Share Based Compensation | $10,639,000 (8.95%) | $9,765,000 (13.86%) | $8,576,000 (0.57%) | $8,527,000 (25.84%) |
Depreciation Amortization & Accretion | $49,587,000 (48.92%) | $33,297,000 (-4.69%) | $34,936,000 (1.85%) | $34,302,000 (9.47%) |
KAI Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 44.30% (1.84%) | 43.50% (0.93%) | 43.10% (0.47%) | 42.90% (-1.83%) |
Profit Margin | 10.60% (-12.40%) | 12.10% (-9.70%) | 13.40% (25.23%) | 10.70% (22.99%) |
EBITDA Margin | 21.00% (0.48%) | 20.90% (-8.33%) | 22.80% (19.37%) | 19.10% (8.52%) |
Return on Average Equity (ROAE) | 13.60% (-15.00%) | 16.00% (-18.37%) | 19.60% (24.84%) | 15.70% (29.75%) |
Return on Average Assets (ROAA) | 7.70% (-23.00%) | 10.00% (-6.54%) | 10.70% (35.44%) | 7.90% (31.67%) |
Return on Sales (ROS) | 16.30% (-6.32%) | 17.40% (-7.94%) | 18.90% (27.70%) | 14.80% (16.54%) |
Return on Invested Capital (ROIC) | 24.20% (-34.06%) | 36.70% (5.46%) | 34.80% (48.09%) | 23.50% (40.72%) |
Dividend Yield | 0.40% (0.00%) | 0.40% (-33.33%) | 0.60% (50.00%) | 0.40% (-42.86%) |
Price to Earnings Ratio (P/E) | 36.89 (30.54%) | 28.26 (65.12%) | 17.11 (-46.10%) | 31.75 (8.31%) |
Price to Sales Ratio (P/S) | 3.91 (14.13%) | 3.42 (49.69%) | 2.29 (-32.57%) | 3.39 (33.11%) |
Price to Book Ratio (P/B) | 4.86 (14.69%) | 4.24 (33.83%) | 3.17 (-33.19%) | 4.74 (44.78%) |
Debt to Equity Ratio (D/E) | 0.68 (30.81%) | 0.52 (-31.75%) | 0.76 (-24.78%) | 1 (15.65%) |
Earnings Per Share (EPS) | 9.51 (-4.13%) | 9.92 (-4.43%) | 10.38 (42.98%) | 7.26 (50.94%) |
Sales Per Share (SPS) | 89.73 (9.63%) | 81.85 (5.43%) | 77.63 (14.28%) | 67.93 (22.83%) |
Free Cash Flow Per Share (FCFPS) | 11.55 (-0.17%) | 11.57 (76.14%) | 6.57 (-49.77%) | 13.07 (75.70%) |
Book Value Per Share (BVPS) | 72.16 (9.13%) | 66.13 (17.86%) | 56.1 (15.20%) | 48.7 (12.89%) |
Tangible Assets Book Value Per Share (TABVPS) | 57.22 (7.23%) | 53.36 (5.62%) | 50.52 (9.14%) | 46.29 (28.11%) |
Enterprise Value Over EBIT (EV/EBIT) | 25 (25.00%) | 20 (53.85%) | 13 (-48.00%) | 25 (8.70%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 19.65 (17.94%) | 16.66 (55.74%) | 10.7 (-44.64%) | 19.32 (18.36%) |
Asset Turnover | 0.73 (-11.44%) | 0.82 (2.75%) | 0.8 (7.53%) | 0.74 (7.36%) |
Current Ratio | 2.31 (12.47%) | 2.05 (5.50%) | 1.95 (12.29%) | 1.73 (-19.47%) |
Dividends | $1.25 (10.62%) | $1.13 (9.71%) | $1.03 (4.04%) | $0.99 (4.21%) |
Free Cash Flow (FCF) | $135,549,000 (0.16%) | $135,332,000 (76.82%) | $76,537,000 (-49.44%) | $151,389,000 (77.20%) |
Enterprise Value (EV) | $4,356,957,659 (30.77%) | $3,331,802,080 (51.01%) | $2,206,358,446 (-24.06%) | $2,905,336,210 (59.02%) |
Earnings Before Tax (EBT) | $152,114,000 (-3.90%) | $158,279,000 (-3.98%) | $164,834,000 (48.21%) | $111,214,000 (52.05%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $221,729,000 (10.88%) | $199,974,000 (-3.04%) | $206,248,000 (37.19%) | $150,337,000 (34.35%) |
Invested Capital | $672,698,000 (62.37%) | $414,308,000 (-16.60%) | $496,756,000 (1.41%) | $489,838,000 (9.58%) |
Working Capital | $250,761,000 (11.07%) | $225,773,000 (11.80%) | $201,949,000 (24.36%) | $162,385,000 (4.68%) |
Tangible Asset Value | $671,682,000 (7.59%) | $624,295,000 (6.03%) | $588,781,000 (9.85%) | $535,982,000 (29.20%) |
Market Capitalization | $4,120,259,659 (25.56%) | $3,281,616,080 (58.39%) | $2,071,805,446 (-22.53%) | $2,674,504,210 (64.83%) |
Average Equity | $822,314,500 (13.48%) | $724,647,250 (17.64%) | $615,976,250 (15.26%) | $534,411,500 (17.60%) |
Average Assets | $1,446,285,750 (24.14%) | $1,165,083,750 (2.99%) | $1,131,250,750 (6.96%) | $1,057,620,250 (15.40%) |
Invested Capital Average | $711,408,000 (56.45%) | $454,711,750 (-7.72%) | $492,778,000 (-0.13%) | $493,434,250 (2.34%) |
Shares | 11,745,324 (0.33%) | 11,707,096 (0.37%) | 11,663,601 (0.51%) | 11,604,062 (0.82%) |
