Kadant Inc (KAI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 171,252 | 165,757 | 171,282 | 116,710 | 81,124 |
| Revenue | US$ in thousands | 1,050,980 | 950,662 | 896,492 | 782,025 | 627,794 |
| Operating profit margin | 16.29% | 17.44% | 19.11% | 14.92% | 12.92% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $171,252K ÷ $1,050,980K
= 16.29%
The operating profit margin of Kadant Inc has shown a consistent upward trend over the past five years. Starting at 12.92% on December 31, 2020, it steadily increased to 14.92% by December 31, 2021. The margin saw a notable surge to 19.11% by December 31, 2022, indicating improved operational efficiency.
Although there was a slight decline to 17.44% by December 31, 2023, the operating profit margin remained relatively strong. By December 31, 2024, the margin stood at 16.29%, indicating a slightly lower but stable level of profitability compared to the peak in 2022.
Overall, the positive trend in Kadant Inc's operating profit margin reflects the company's ability to effectively manage costs and generate profit from its core operations over the specified period.
Peer comparison
Dec 31, 2024