Kadant Inc (KAI)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 111,598 | 116,069 | 120,928 | 84,043 | 55,196 |
| Revenue | US$ in thousands | 1,050,980 | 950,662 | 896,492 | 782,025 | 627,794 |
| Net profit margin | 10.62% | 12.21% | 13.49% | 10.75% | 8.79% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $111,598K ÷ $1,050,980K
= 10.62%
Kadant Inc's net profit margin has shown fluctuations over the five-year period from December 31, 2020, to December 31, 2024. The net profit margin increased from 8.79% in 2020 to 13.49% in 2022, indicating improved profitability for the company. However, in 2023 and 2024, the net profit margin decreased to 12.21% and 10.62%, respectively.
Overall, Kadant Inc's net profit margin experienced growth initially before slightly declining in the later years. It is important for the company to closely monitor and manage its expenses and revenue generation to maintain a healthy and sustainable level of profitability.
Peer comparison
Dec 31, 2024