vs

Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and KADANT INC (KAI). Click either name above to swap in a different company.

FULTON FINANCIAL CORP is the larger business by last-quarter revenue ($336.2M vs $271.6M, roughly 1.2× KADANT INC). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 10.2%, a 18.0% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% vs -0.0%). Over the past eight quarters, KADANT INC's revenue compounded faster (6.7% CAGR vs 0.2%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

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.

FULT vs KAI — Head-to-Head

Bigger by revenue
FULT
FULT
1.2× larger
FULT
$336.2M
$271.6M
KAI
Growing faster (revenue YoY)
FULT
FULT
+4.2% gap
FULT
4.2%
-0.0%
KAI
Higher net margin
FULT
FULT
18.0% more per $
FULT
28.2%
10.2%
KAI
Faster 2-yr revenue CAGR
KAI
KAI
Annualised
KAI
6.7%
0.2%
FULT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FULT
FULT
KAI
KAI
Revenue
$336.2M
$271.6M
Net Profit
$94.8M
$27.7M
Gross Margin
45.2%
Operating Margin
15.7%
Net Margin
28.2%
10.2%
Revenue YoY
4.2%
-0.0%
Net Profit YoY
1.9%
-12.2%
EPS (diluted)
$0.55
$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
FULT
FULT
KAI
KAI
Q1 26
$336.2M
Q4 25
$336.0M
Q3 25
$334.6M
$271.6M
Q2 25
$324.1M
$255.3M
Q1 25
$318.4M
$239.2M
Q4 24
$319.6M
$258.0M
Q3 24
$317.7M
$271.6M
Q2 24
$334.7M
$274.8M
Net Profit
FULT
FULT
KAI
KAI
Q1 26
$94.8M
Q4 25
$99.0M
Q3 25
$100.5M
$27.7M
Q2 25
$99.2M
$26.2M
Q1 25
$93.0M
$24.1M
Q4 24
$68.6M
$24.0M
Q3 24
$63.2M
$31.6M
Q2 24
$95.0M
$31.3M
Gross Margin
FULT
FULT
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
FULT
FULT
KAI
KAI
Q1 26
Q4 25
35.7%
Q3 25
38.2%
15.7%
Q2 25
37.8%
15.4%
Q1 25
36.1%
14.9%
Q4 24
27.0%
14.3%
Q3 24
25.1%
18.0%
Q2 24
30.8%
17.6%
Net Margin
FULT
FULT
KAI
KAI
Q1 26
28.2%
Q4 25
29.5%
Q3 25
30.0%
10.2%
Q2 25
30.6%
10.2%
Q1 25
29.2%
10.1%
Q4 24
21.5%
9.3%
Q3 24
19.9%
11.6%
Q2 24
28.4%
11.4%
EPS (diluted)
FULT
FULT
KAI
KAI
Q1 26
$0.55
Q4 25
$0.53
Q3 25
$0.53
$2.35
Q2 25
$0.53
$2.22
Q1 25
$0.49
$2.04
Q4 24
$0.36
$2.04
Q3 24
$0.33
$2.68
Q2 24
$0.52
$2.66

Balance Sheet & Financial Strength

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

Metric
FULT
FULT
KAI
KAI
Cash + ST InvestmentsLiquidity on hand
$124.5M
Total DebtLower is stronger
$254.6M
Stockholders' EquityBook value
$3.5B
$949.8M
Total Assets
$32.2B
$1.5B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
KAI
KAI
Q1 26
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
Total Debt
FULT
FULT
KAI
KAI
Q1 26
Q4 25
Q3 25
$254.6M
Q2 25
$245.7M
Q1 25
$273.5M
Q4 24
$285.2M
Q3 24
$323.2M
Q2 24
$342.0M
Stockholders' Equity
FULT
FULT
KAI
KAI
Q1 26
$3.5B
Q4 25
$3.5B
Q3 25
$3.4B
$949.8M
Q2 25
$3.3B
$926.0M
Q1 25
$3.3B
$876.0M
Q4 24
$3.2B
$847.1M
Q3 24
$3.2B
$851.7M
Q2 24
$3.1B
$807.7M
Total Assets
FULT
FULT
KAI
KAI
Q1 26
$32.2B
Q4 25
$32.1B
Q3 25
$32.0B
$1.5B
Q2 25
$32.0B
$1.5B
Q1 25
$32.1B
$1.4B
Q4 24
$32.1B
$1.4B
Q3 24
$32.2B
$1.5B
Q2 24
$31.8B
$1.5B
Debt / Equity
FULT
FULT
KAI
KAI
Q1 26
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×

Cash Flow & Capital Efficiency

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

Metric
FULT
FULT
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
FULT
FULT
KAI
KAI
Q1 26
Q4 25
$304.5M
Q3 25
$116.1M
$47.3M
Q2 25
$91.7M
$40.5M
Q1 25
$703.0K
$22.8M
Q4 24
$416.6M
$51.9M
Q3 24
$-22.0M
$52.5M
Q2 24
$157.8M
$28.1M
Free Cash Flow
FULT
FULT
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
FULT
FULT
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
FULT
FULT
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
FULT
FULT
KAI
KAI
Q1 26
Q4 25
3.08×
Q3 25
1.16×
1.70×
Q2 25
0.92×
1.55×
Q1 25
0.01×
0.95×
Q4 24
6.07×
2.16×
Q3 24
-0.35×
1.66×
Q2 24
1.66×
0.90×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FULT
FULT

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%

Related Comparisons