GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kadant Inc (NYSE:KAI) » Definitions » Gross Profit

Kadant (Kadant) Gross Profit : $416.3 Mil (TTM As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Kadant Gross Profit?

Kadant's gross profit for the three months ended in Dec. 2023 was $102.0 Mil. Kadant's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $416.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kadant's gross profit for the three months ended in Dec. 2023 was $102.0 Mil. Kadant's Revenue for the three months ended in Dec. 2023 was $238.7 Mil. Therefore, Kadant's Gross Margin % for the quarter that ended in Dec. 2023 was 42.73%.

Kadant had a gross margin of 42.73% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Kadant was 46.17%. The lowest was 41.69%. And the median was 43.79%.


Kadant Gross Profit Historical Data

The historical data trend for Kadant's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kadant Gross Profit Chart

Kadant Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 293.76 277.31 337.37 389.56 416.31

Kadant Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.95 102.05 106.55 105.73 101.98

Competitive Comparison of Kadant's Gross Profit

For the Specialty Industrial Machinery subindustry, Kadant's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kadant's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kadant's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kadant's Gross Profit falls into.



Kadant Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Kadant's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=957.672 - 541.366
=416.3

Kadant's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=238.679 - 136.695
=102.0

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $416.3 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Kadant's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=102.0 / 238.679
=42.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Kadant  (NYSE:KAI) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Kadant had a gross margin of 42.73% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Kadant Gross Profit Related Terms

Thank you for viewing the detailed overview of Kadant's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Kadant (Kadant) Business Description

Traded in Other Exchanges
Address
One Technology Park Drive, Westford, MA, USA, 01886
Kadant Inc. supplies process and engineering equipment for papermaking, recycling, lumber manufacturing, and related industries. The company's three reportable segments are: Flow Control segment which consists of the fluid-handling and doctoring, cleaning, & filtration product lines; Industrial Processing segment which consists of the wood processing and stock-preparation product lines; and Material handling systems, which provides conveyor-belt equipment for industries such as mining, food processing, and packaging. The company has a global presence with sizable revenue from the U.S., Europe, Asia, and Canada.
Executives
Thomas Andrew Blanchard officer: Vice President KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Michael C. Colwell officer: Vice President KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Erin L Russell director 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
John M Albertine director 100 FEDERAL DRIVE, FREDERICKSBURG VA 22405
Dara F Mitchell officer: Senior VP, Corp. Development 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Peter J. Flynn officer: Vice President KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Fredrik H Westerhout officer: Vice President KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Stacy D. Krause officer: VP, General Counsel, Secretary KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Michael J Mckenney officer: VICE PRESIDENT ONE ACTON PLACE STE.200, ACTON MA 01720
William P Tully director 1 TECHNOLOGY PARK DRIVE, 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Rebecca Martinez O'mara director KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Thomas C Leonard director KADANT INC., 1 TECHONOLOGY PARK DRIVE, WESTFORD MA 01886
Eric T Langevin officer: Vice President KADANT INC., ONE ACTON PLACE, SUITE 202, ACTON MA 01720
Jeffrey L Powell officer: EXECUTIVE VICE PRESIDENT 1 WALNUT STREET, ACTON MA 01720
Jonathan W Painter officer: EXECUTIVE VICE PRESIDENT ONE ACTO PLACE, SUITE 202, ACTON MA 01720

Kadant (Kadant) Headlines

From GuruFocus

Kadant Authorizes Share Repurchase

By GuruFocusNews GuruFocusNews 05-19-2022

Kadant Authorizes Share Repurchase

By GuruFocusNews GuruFocusNews 06-08-2022

Kadant Releases its 2022 Corporate Sustainability Report

By GlobeNewswire GlobeNewswire 03-16-2023

Kadant Authorizes Share Repurchase

By GuruFocusNews GuruFocusNews 06-28-2022

Kadant Declares Cash Dividend

By Value_Insider Value_Insider 11-17-2022

Kadant Declares Cash Dividend

By GuruFocusNews GuruFocusNews 06-08-2022

Kadant Declares Cash Dividend

By GuruFocusNews GuruFocusNews 05-19-2022

Kadant Declares Cash Dividend

By GuruFocusNews GuruFocusNews 06-28-2022