Kadant Inc (KAI)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 152,114 | 157,221 | 155,351 | 152,984 | 158,279 | 157,344 | 152,897 | 148,102 | 164,834 | 158,000 | 147,970 | 143,662 | 111,214 | 101,555 | 93,908 | 78,176 | 73,144 | 65,524 | 67,302 | 70,653 |
| 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 |
| Pretax margin | 14.47% | 15.43% | 15.62% | 15.81% | 16.65% | 16.72% | 16.59% | 16.48% | 18.39% | 17.83% | 17.17% | 17.19% | 14.22% | 13.88% | 13.68% | 12.17% | 11.65% | 10.18% | 10.18% | 10.34% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $152,114K ÷ $1,050,980K
= 14.47%
The pretax margin of Kadant Inc has shown a generally positive trend over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 10.34% in March 2020, gradually increasing to reach a peak of 18.39% in December 2022. Following this peak, there was a slight decline in the pretax margin to 14.47% by December 2024.
Overall, the company has exhibited an improvement in its pretax margin, indicating more efficient cost management or potentially increased revenue generation relative to expenses during the period under consideration. This performance suggests that Kadant Inc has been successful in enhancing its profitability before accounting for taxes, reflecting positively on its operational efficiency and financial health.
Peer comparison
Dec 31, 2024