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Side-by-side financial comparison of Acadian Asset Management Inc. (AAMI) and KADANT INC (KAI). Click either name above to swap in a different company.

KADANT INC is the larger business by last-quarter revenue ($271.6M vs $172.2M, roughly 1.6× Acadian Asset Management Inc.). Acadian Asset Management Inc. runs the higher net margin — 20.2% vs 10.2%, a 9.9% gap on every dollar of revenue. On growth, Acadian Asset Management Inc. posted the faster year-over-year revenue change (2.6% vs -0.0%). Over the past eight quarters, Acadian Asset Management Inc.'s revenue compounded faster (27.6% CAGR vs 6.7%).

United Asset Management was an American holding company headquartered in Boston, Massachusetts.

Kadant Inc. is a company that was established in 1991, as a partly privately owned subsidiary of Thermo Electron, and partly publicly traded company, and was fully spun out and renamed Kadant in 2001. The company supports papermaking, paper recycling, wood processing, material handling, and other processing industries. Kadant is a multi-national corporation with operations in Asia, Europe, North America, and South America.

AAMI vs KAI — Head-to-Head

Bigger by revenue
KAI
KAI
1.6× larger
KAI
$271.6M
$172.2M
AAMI
Growing faster (revenue YoY)
AAMI
AAMI
+2.6% gap
AAMI
2.6%
-0.0%
KAI
Higher net margin
AAMI
AAMI
9.9% more per $
AAMI
20.2%
10.2%
KAI
Faster 2-yr revenue CAGR
AAMI
AAMI
Annualised
AAMI
27.6%
6.7%
KAI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AAMI
AAMI
KAI
KAI
Revenue
$172.2M
$271.6M
Net Profit
$34.7M
$27.7M
Gross Margin
45.2%
Operating Margin
33.3%
15.7%
Net Margin
20.2%
10.2%
Revenue YoY
2.6%
-0.0%
Net Profit YoY
-18.4%
-12.2%
EPS (diluted)
$0.97
$2.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAMI
AAMI
KAI
KAI
Q4 25
$172.2M
Q3 25
$144.2M
$271.6M
Q2 25
$127.4M
$255.3M
Q1 25
$119.9M
$239.2M
Q4 24
$167.8M
$258.0M
Q3 24
$123.1M
$271.6M
Q2 24
$109.0M
$274.8M
Q1 24
$105.7M
$249.0M
Net Profit
AAMI
AAMI
KAI
KAI
Q4 25
$34.7M
Q3 25
$15.1M
$27.7M
Q2 25
$10.1M
$26.2M
Q1 25
$20.1M
$24.1M
Q4 24
$42.5M
$24.0M
Q3 24
$16.9M
$31.6M
Q2 24
$11.0M
$31.3M
Q1 24
$14.6M
$24.7M
Gross Margin
AAMI
AAMI
KAI
KAI
Q4 25
Q3 25
45.2%
Q2 25
45.9%
Q1 25
46.1%
Q4 24
43.4%
Q3 24
44.7%
Q2 24
44.4%
Q1 24
44.6%
Operating Margin
AAMI
AAMI
KAI
KAI
Q4 25
33.3%
Q3 25
18.4%
15.7%
Q2 25
12.7%
15.4%
Q1 25
26.6%
14.9%
Q4 24
38.7%
14.3%
Q3 24
21.9%
18.0%
Q2 24
18.9%
17.6%
Q1 24
21.7%
14.8%
Net Margin
AAMI
AAMI
KAI
KAI
Q4 25
20.2%
Q3 25
10.5%
10.2%
Q2 25
7.9%
10.2%
Q1 25
16.8%
10.1%
Q4 24
25.3%
9.3%
Q3 24
13.7%
11.6%
Q2 24
10.1%
11.4%
Q1 24
13.8%
9.9%
EPS (diluted)
AAMI
AAMI
KAI
KAI
Q4 25
$0.97
Q3 25
$0.42
$2.35
Q2 25
$0.28
$2.22
Q1 25
$0.54
$2.04
Q4 24
$1.11
$2.04
Q3 24
$0.45
$2.68
Q2 24
$0.29
$2.66
Q1 24
$0.37
$2.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAMI
AAMI
KAI
KAI
Cash + ST InvestmentsLiquidity on hand
$124.5M
Total DebtLower is stronger
$200.0M
$254.6M
Stockholders' EquityBook value
$949.8M
Total Assets
$677.0M
$1.5B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAMI
AAMI
KAI
KAI
Q4 25
Q3 25
$124.5M
Q2 25
$95.3M
Q1 25
$91.7M
Q4 24
$94.7M
Q3 24
$88.4M
Q2 24
$73.8M
Q1 24
$81.4M
Total Debt
AAMI
AAMI
KAI
KAI
Q4 25
$200.0M
Q3 25
$254.6M
Q2 25
$245.7M
Q1 25
$273.5M
Q4 24
$275.0M
$285.2M
Q3 24
$323.2M
Q2 24
$342.0M
Q1 24
$306.8M
Stockholders' Equity
AAMI
AAMI
KAI
KAI
Q4 25
Q3 25
$949.8M
Q2 25
$926.0M
Q1 25
$876.0M
Q4 24
$847.1M
Q3 24
$851.7M
Q2 24
$807.7M
Q1 24
$782.7M
Total Assets
AAMI
AAMI
KAI
KAI
Q4 25
$677.0M
Q3 25
$751.4M
$1.5B
Q2 25
$672.3M
$1.5B
Q1 25
$677.3M
$1.4B
Q4 24
$703.2M
$1.4B
Q3 24
$555.2M
$1.5B
Q2 24
$533.1M
$1.5B
Q1 24
$544.9M
$1.4B
Debt / Equity
AAMI
AAMI
KAI
KAI
Q4 25
Q3 25
0.27×
Q2 25
0.27×
Q1 25
0.31×
Q4 24
0.34×
Q3 24
0.38×
Q2 24
0.42×
Q1 24
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAMI
AAMI
KAI
KAI
Operating Cash FlowLast quarter
$-2.4M
$47.3M
Free Cash FlowOCF − Capex
$44.1M
FCF MarginFCF / Revenue
16.2%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
-0.07×
1.70×
TTM Free Cash FlowTrailing 4 quarters
$145.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAMI
AAMI
KAI
KAI
Q4 25
$-2.4M
Q3 25
$-23.9M
$47.3M
Q2 25
$61.6M
$40.5M
Q1 25
$-48.8M
$22.8M
Q4 24
$55.8M
$51.9M
Q3 24
$69.6M
$52.5M
Q2 24
$45.7M
$28.1M
Q1 24
$-40.4M
$22.8M
Free Cash Flow
AAMI
AAMI
KAI
KAI
Q4 25
Q3 25
$44.1M
Q2 25
$36.5M
Q1 25
$19.0M
Q4 24
$46.3M
Q3 24
$48.3M
Q2 24
$23.1M
Q1 24
$16.6M
FCF Margin
AAMI
AAMI
KAI
KAI
Q4 25
Q3 25
16.2%
Q2 25
14.3%
Q1 25
7.9%
Q4 24
17.9%
Q3 24
17.8%
Q2 24
8.4%
Q1 24
6.7%
Capex Intensity
AAMI
AAMI
KAI
KAI
Q4 25
Q3 25
1.2%
Q2 25
1.6%
Q1 25
1.6%
Q4 24
2.2%
Q3 24
1.5%
Q2 24
1.8%
Q1 24
2.5%
Cash Conversion
AAMI
AAMI
KAI
KAI
Q4 25
-0.07×
Q3 25
-1.58×
1.70×
Q2 25
6.10×
1.55×
Q1 25
-2.43×
0.95×
Q4 24
1.31×
2.16×
Q3 24
4.12×
1.66×
Q2 24
4.15×
0.90×
Q1 24
-2.77×
0.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAMI
AAMI

Segment breakdown not available.

KAI
KAI

Flow Control$94.8M35%
Capital$83.2M31%
Material Handling Systems$70.3M26%
Transferred Over Time$17.1M6%
Other$6.1M2%

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