Headquartered in Westford, MA Fiscal year ends December NYSE: KAI kadant.com
Kadant Inc. (NYSE: KAI) supplies technologies and engineered systems for process industries, built around the theme of 'Sustainable Industrial Processing.' Its products and services aim to improve efficiency, energy use and productivity at customer sites.
The company reports three segments:
- **Flow Control:** fluid-handling and related technologies serving diverse industrial markets.
- **Industrial Processing:** equipment for wood processing, recycling and paper-related processing, which has grown through recent acquisitions.
- **Material Handling:** conveying and related equipment exposed to mining and bulk-material markets.
The business leans heavily on recurring aftermarket parts and consumables, which made up about 70% of revenue in Q3 2026. That base is complemented by more cyclical capital equipment and systems projects.
About 59% of Q3 2026 revenue came from North America. Europe, Asia and the rest of the world account for the remainder.
Kadant has roughly 4,000 employees in 22 countries. It runs a decentralized operating model that uses an 80/20 Performance System and Lean principles. Growth comes from both acquisitions and organic expansion. Updated
Management raised full-year adjusted EPS guidance to $12.58 to $12.73, calling 2026 a record year. Bookings rose 22% with organic bookings up across all three segments, so the aftermarket demand holding this up is not a one-quarter fluke.
Kadant Inc. (KAI) delivered its latest quarterly dividend of $0.34 per share on February 5, 2026, marking another consistent payment in the industrial machinery supplier’s decade-long dividend growth streak. With shares currently…
Joel South Kadant Inc. (NYSE: KAI) supplies technologies and engineered systems for process industries, built around the theme of 'Sustainable Industrial Processing.' Its products and services aim to improve efficiency, energy use and productivity at customer sites.
24/7 Wall St.'s 12-month price target for KAI is $406.57, rated Buy. The Wall Street consensus target is $357.50. KAI price prediction →