Kadant Inc (KAI)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 153,616 | 151,873 | 150,320 | 147,901 | 152,715 | 147,106 | 142,053 | 137,052 | 95,457 | 87,213 | 76,644 | 72,055 | 97,475 | 164,610 | 202,814 | 234,221 | 277,306 | 277,714 | 283,645 | 291,568 |
| Revenue (ttm) | US$ in thousands | 1,050,980 | 1,018,692 | 994,700 | 967,892 | 950,662 | 940,848 | 921,395 | 898,831 | 896,492 | 886,251 | 861,715 | 835,956 | 782,025 | 731,855 | 686,323 | 642,488 | 627,800 | 643,346 | 660,835 | 683,520 |
| Gross profit margin | 14.62% | 14.91% | 15.11% | 15.28% | 16.06% | 15.64% | 15.42% | 15.25% | 10.65% | 9.84% | 8.89% | 8.62% | 12.46% | 22.49% | 29.55% | 36.46% | 44.17% | 43.17% | 42.92% | 42.66% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $153,616K ÷ $1,050,980K
= 14.62%
The gross profit margin of Kadant Inc has shown a fluctuating trend over the past few years. Starting at a healthy level of 42.66% in March 2020, the margin improved gradually to reach its peak at 44.17% by December 2020. However, there was a significant decline in the margin to 36.46% in March 2021. This downward trend continued with a steep drop to 8.62% by March 2022.
Subsequently, there was a slight recovery in the margin, hovering around the range of 15% to 16% from March 2023 to December 2024. Although the margin has stabilized within this range, it remains considerably lower compared to the earlier periods.
This analysis suggests that Kadant Inc has experienced fluctuations in its gross profit margin, with a notable decline followed by some level of stabilization in more recent periods. Further investigation into the factors influencing these changes would be necessary to understand the company's financial performance in greater detail.
Peer comparison
Dec 31, 2024