Kadant Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $102.0M | $111.6M | $116.1M | $120.9M | $55.2M | $52.1M | $60.4M | $31.1M |
| Depreciation & Amortization | $51.2M | $49.6M | $33.3M | $34.9M | $31.3M | $32.4M | $23.6M | $19.4M |
| Depreciation | $22.9M | $20.5M | $14.8M | $14.4M | — | — | — | — |
| Amortization | $28.3M | $29.0M | $18.4M | $20.5M | $19.1M | $20.2M | $14.2M | $12.0M |
| Stock-Based Compensation | $11.2M | $10.6M | $9.8M | $8.6M | $6.8M | $6.8M | $7.0M | $5.8M |
| Net Cash from Operating Activities | $171.3M | $155.3M | $165.5M | $102.6M | $92.9M | $97.4M | $63.0M | $65.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $17.0M | $21.0M | $31.9M | $28.2M | $7.6M | $10.0M | $16.6M | $17.3M |
| Business Acquisitions | $190.0M | $300.3M | $905.0K | $3.5M | $7.1M | $177.8M | $0 | $204.7M |
| Net Cash from Investing Activities | $-205.4M | $-319.1M | $-30.8M | $-29.5M | $-14.5M | $-187.4M | $-16.4M | $-221.9M |
| Financing Activities | ||||||||
| Dividends Paid | $15.8M | $14.7M | $13.2M | $12.0M | $10.9M | $10.2M | $9.6M | $9.0M |
| Stock Repurchases | — | — | — | — | — | — | — | $0 |
| Net Cash from Financing Activities | $54.0M | $159.9M | $-111.1M | $-80.6M | $-84.6M | $112.5M | $-74.2M | $150.5M |
| Net Change in Cash | $26.7M | $-10.5M | $26.7M | $-14.4M | $-1.6M | $22.2M | $-30.7M | $3.3M |
| Free Cash Flow | $154.3M | $134.3M | $133.7M | $74.4M | $85.3M | $87.5M | $46.4M | $47.9M |