Kadant Inc (KAI)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 171,252 | 173,336 | 167,893 | 162,570 | 165,757 | 165,691 | 161,033 | 155,423 | 171,282 | 163,872 | 153,714 | 149,256 | 116,710 | 107,178 | 99,785 | 84,896 | 81,124 | 80,664 | 83,882 | 88,903 |
| Total assets | US$ in thousands | 1,430,340 | 1,489,340 | 1,456,030 | 1,409,430 | 1,175,660 | 1,154,100 | 1,161,420 | 1,169,140 | 1,149,880 | 1,106,850 | 1,124,000 | 1,144,270 | 1,132,210 | 1,133,130 | 1,029,480 | 935,665 | 927,571 | 913,891 | 915,292 | 909,048 |
| Operating ROA | 11.97% | 11.64% | 11.53% | 11.53% | 14.10% | 14.36% | 13.87% | 13.29% | 14.90% | 14.81% | 13.68% | 13.04% | 10.31% | 9.46% | 9.69% | 9.07% | 8.75% | 8.83% | 9.16% | 9.78% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $171,252K ÷ $1,430,340K
= 11.97%
Operating return on assets (operating ROA) for Kadant Inc has shown fluctuations over the periods from March 31, 2020, to December 31, 2024. The trend indicates a generally positive performance with some variations.
- The operating ROA was at 9.78% as of March 31, 2020, and gradually decreased to 8.75% by the end of December 31, 2020.
- From March 31, 2021, there was a rebound with operating ROA increasing to 9.07% and then steadily improving to 14.90% by December 31, 2022.
- Despite this peak, there was a slight decrease in the subsequent periods from March 31, 2023, down to 11.97% by December 31, 2024.
Overall, Kadant Inc's operating ROA demonstrates a mix of expansion and contraction, with some volatility in performance over the analyzed period. The company experienced a significant improvement in profitability from mid-2021 through 2022, followed by a slight decline in the latter part of the period. It will be important for stakeholders to monitor future developments to assess the sustainable growth of the company.
Peer comparison
Dec 31, 2024