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Side-by-side financial comparison of FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG) and KADANT INC (KAI). Click either name above to swap in a different company.

FLAGSTAR BANK, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($498.0M vs $271.6M, roughly 1.8× KADANT INC). KADANT INC runs the higher net margin — 10.2% vs 4.2%, a 6.0% gap on every dollar of revenue. On growth, FLAGSTAR BANK, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (1.6% vs -0.0%). Over the past eight quarters, KADANT INC's revenue compounded faster (6.7% CAGR vs -10.7%).

Flagstar Bank was an American commercial bank headquartered in Troy, Michigan. The bank was founded in 1987 and operated as a consumer and commercial bank, mortgage lender, and offered financial services. Flagstar Bancorp, Inc. was acquired by New York Community Bancorp, Inc. on December 1, 2022. New York Community Bancorp subsequently rebranded all of its branches under the Flagstar name and changed its name to Flagstar Financial in 2024. In a corporate restructuring in 2025 Flagstar Financi...

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.

FLG vs KAI — Head-to-Head

Bigger by revenue
FLG
FLG
1.8× larger
FLG
$498.0M
$271.6M
KAI
Growing faster (revenue YoY)
FLG
FLG
+1.6% gap
FLG
1.6%
-0.0%
KAI
Higher net margin
KAI
KAI
6.0% more per $
KAI
10.2%
4.2%
FLG
Faster 2-yr revenue CAGR
KAI
KAI
Annualised
KAI
6.7%
-10.7%
FLG

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FLG
FLG
KAI
KAI
Revenue
$498.0M
$271.6M
Net Profit
$21.0M
$27.7M
Gross Margin
45.2%
Operating Margin
11.4%
15.7%
Net Margin
4.2%
10.2%
Revenue YoY
1.6%
-0.0%
Net Profit YoY
-38.1%
-12.2%
EPS (diluted)
$0.03
$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
FLG
FLG
KAI
KAI
Q1 26
$498.0M
Q4 25
$2.1B
Q3 25
$425.0M
$271.6M
Q2 25
$419.0M
$255.3M
Q1 25
$239.2M
Q4 24
$461.0M
$258.0M
Q3 24
$510.0M
$271.6M
Q2 24
$557.0M
$274.8M
Net Profit
FLG
FLG
KAI
KAI
Q1 26
$21.0M
Q4 25
$29.0M
Q3 25
$-36.0M
$27.7M
Q2 25
$-70.0M
$26.2M
Q1 25
$24.1M
Q4 24
$-188.0M
$24.0M
Q3 24
$-280.0M
$31.6M
Q2 24
$-323.0M
$31.3M
Gross Margin
FLG
FLG
KAI
KAI
Q1 26
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%
Operating Margin
FLG
FLG
KAI
KAI
Q1 26
11.4%
Q4 25
Q3 25
-9.6%
15.7%
Q2 25
-19.3%
15.4%
Q1 25
14.9%
Q4 24
-51.6%
14.3%
Q3 24
-65.7%
18.0%
Q2 24
-76.1%
17.6%
Net Margin
FLG
FLG
KAI
KAI
Q1 26
4.2%
Q4 25
1.4%
Q3 25
-8.5%
10.2%
Q2 25
-16.7%
10.2%
Q1 25
10.1%
Q4 24
-40.8%
9.3%
Q3 24
-54.9%
11.6%
Q2 24
-58.0%
11.4%
EPS (diluted)
FLG
FLG
KAI
KAI
Q1 26
$0.03
Q4 25
$0.05
Q3 25
$-0.11
$2.35
Q2 25
$-0.19
$2.22
Q1 25
$2.04
Q4 24
$-1.11
$2.04
Q3 24
$-0.79
$2.68
Q2 24
$-1.14
$2.66

Balance Sheet & Financial Strength

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

Metric
FLG
FLG
KAI
KAI
Cash + ST InvestmentsLiquidity on hand
$124.5M
Total DebtLower is stronger
$254.6M
Stockholders' EquityBook value
$8.1B
$949.8M
Total Assets
$87.1B
$1.5B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLG
FLG
KAI
KAI
Q1 26
Q4 25
Q3 25
$23.6B
$124.5M
Q2 25
$22.9B
$95.3M
Q1 25
$91.7M
Q4 24
$25.8B
$94.7M
Q3 24
$33.6B
$88.4M
Q2 24
$29.5B
$73.8M
Total Debt
FLG
FLG
KAI
KAI
Q1 26
Q4 25
Q3 25
$13.2B
$254.6M
Q2 25
$13.2B
$245.7M
Q1 25
$273.5M
Q4 24
$14.4B
$285.2M
Q3 24
$20.3B
$323.2M
Q2 24
$28.9B
$342.0M
Stockholders' Equity
FLG
FLG
KAI
KAI
Q1 26
$8.1B
Q4 25
$8.1M
Q3 25
$8.1B
$949.8M
Q2 25
$8.1B
$926.0M
Q1 25
$876.0M
Q4 24
$8.2B
$847.1M
Q3 24
$8.6B
$851.7M
Q2 24
$8.4B
$807.7M
Total Assets
FLG
FLG
KAI
KAI
Q1 26
$87.1B
Q4 25
$87.5M
Q3 25
$91.7B
$1.5B
Q2 25
$92.2B
$1.5B
Q1 25
$1.4B
Q4 24
$100.2B
$1.4B
Q3 24
$114.4B
$1.5B
Q2 24
$119.1B
$1.5B
Debt / Equity
FLG
FLG
KAI
KAI
Q1 26
Q4 25
Q3 25
1.63×
0.27×
Q2 25
1.63×
0.27×
Q1 25
0.31×
Q4 24
1.77×
0.34×
Q3 24
2.37×
0.38×
Q2 24
3.44×
0.42×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLG
FLG
KAI
KAI
Q1 26
Q4 25
Q3 25
$243.0M
$47.3M
Q2 25
$40.5M
Q1 25
$22.8M
Q4 24
$623.0M
$51.9M
Q3 24
$-1.0B
$52.5M
Q2 24
$796.0M
$28.1M
Free Cash Flow
FLG
FLG
KAI
KAI
Q1 26
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
FCF Margin
FLG
FLG
KAI
KAI
Q1 26
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%
Capex Intensity
FLG
FLG
KAI
KAI
Q1 26
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%
Cash Conversion
FLG
FLG
KAI
KAI
Q1 26
Q4 25
Q3 25
1.70×
Q2 25
1.55×
Q1 25
0.95×
Q4 24
2.16×
Q3 24
1.66×
Q2 24
0.90×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLG
FLG

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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