Kadant Inc (KAI)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 111,598 | 114,962 | 114,240 | 112,683 | 116,069 | 114,752 | 111,375 | 107,811 | 120,928 | 119,006 | 111,980 | 108,674 | 84,043 | 76,093 | 70,483 | 59,226 | 55,196 | 47,738 | 49,002 | 53,699 |
| 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 |
| Net profit margin | 10.62% | 11.29% | 11.48% | 11.64% | 12.21% | 12.20% | 12.09% | 11.99% | 13.49% | 13.43% | 13.00% | 13.00% | 10.75% | 10.40% | 10.27% | 9.22% | 8.79% | 7.42% | 7.42% | 7.86% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $111,598K ÷ $1,050,980K
= 10.62%
The net profit margin of Kadant Inc has shown a generally positive trend over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 7.86% in March 2020, dipped slightly to 7.42% in June 2020, but then began to increase steadily. Notably, there was a significant improvement in the net profit margin from December 2020 to March 2021, reaching 9.22%.
The trend continued with consistent growth in net profit margins, reaching a peak of 13.49% in December 2022. However, from March 2023 to December 2024, there was a gradual decline in the net profit margin, dropping from 12.21% to 10.62%.
Overall, Kadant Inc demonstrated strong profitability, with the net profit margin consistently above 10% for most of the period. However, the recent decline in profitability warrants further investigation to assess the factors contributing to this downward trend.
Peer comparison
Dec 31, 2024