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Side-by-side financial comparison of Healthcare Realty Trust Inc (HR) and KADANT INC (KAI). Click either name above to swap in a different company.

Healthcare Realty Trust Inc is the larger business by last-quarter revenue ($279.0M vs $271.6M, roughly 1.0× KADANT INC). KADANT INC runs the higher net margin — 10.2% vs -0.0%, a 10.2% gap on every dollar of revenue. On growth, Healthcare Realty Trust Inc posted the faster year-over-year revenue change (5.9% vs -0.0%). Over the past eight quarters, KADANT INC's revenue compounded faster (6.7% CAGR vs -6.1%).

Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana, that invested in industrial properties. As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. In October 2022, it was acquired by Prologis.

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.

HR vs KAI — Head-to-Head

Bigger by revenue
HR
HR
1.0× larger
HR
$279.0M
$271.6M
KAI
Growing faster (revenue YoY)
HR
HR
+5.9% gap
HR
5.9%
-0.0%
KAI
Higher net margin
KAI
KAI
10.2% more per $
KAI
10.2%
-0.0%
HR
Faster 2-yr revenue CAGR
KAI
KAI
Annualised
KAI
6.7%
-6.1%
HR

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
HR
HR
KAI
KAI
Revenue
$279.0M
$271.6M
Net Profit
$-56.0K
$27.7M
Gross Margin
45.2%
Operating Margin
15.7%
Net Margin
-0.0%
10.2%
Revenue YoY
5.9%
-0.0%
Net Profit YoY
-12.2%
EPS (diluted)
$0.00
$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
HR
HR
KAI
KAI
Q1 26
$279.0M
Q4 25
$286.3M
Q3 25
$297.8M
$271.6M
Q2 25
$297.5M
$255.3M
Q1 25
$299.0M
$239.2M
Q4 24
$309.8M
$258.0M
Q3 24
$315.4M
$271.6M
Q2 24
$316.3M
$274.8M
Net Profit
HR
HR
KAI
KAI
Q1 26
$-56.0K
Q4 25
$14.6M
Q3 25
$-57.7M
$27.7M
Q2 25
$-157.9M
$26.2M
Q1 25
$-44.9M
$24.1M
Q4 24
$-108.2M
$24.0M
Q3 24
$-93.0M
$31.6M
Q2 24
$-143.8M
$31.3M
Gross Margin
HR
HR
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
HR
HR
KAI
KAI
Q1 26
Q4 25
Q3 25
15.7%
Q2 25
15.4%
Q1 25
14.9%
Q4 24
14.3%
Q3 24
18.0%
Q2 24
17.6%
Net Margin
HR
HR
KAI
KAI
Q1 26
-0.0%
Q4 25
183.4%
Q3 25
-19.4%
10.2%
Q2 25
-53.1%
10.2%
Q1 25
-15.0%
10.1%
Q4 24
-1924.1%
9.3%
Q3 24
-29.5%
11.6%
Q2 24
-45.5%
11.4%
EPS (diluted)
HR
HR
KAI
KAI
Q1 26
$0.00
Q4 25
$0.04
Q3 25
$-0.17
$2.35
Q2 25
$-0.45
$2.22
Q1 25
$-0.13
$2.04
Q4 24
$-0.34
$2.04
Q3 24
$-0.26
$2.68
Q2 24
$-0.39
$2.66

Balance Sheet & Financial Strength

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

Metric
HR
HR
KAI
KAI
Cash + ST InvestmentsLiquidity on hand
$26.2M
$124.5M
Total DebtLower is stronger
$254.6M
Stockholders' EquityBook value
$4.4B
$949.8M
Total Assets
$9.1B
$1.5B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HR
HR
KAI
KAI
Q1 26
$26.2M
Q4 25
$26.2M
Q3 25
$43.3M
$124.5M
Q2 25
$25.5M
$95.3M
Q1 25
$25.7M
$91.7M
Q4 24
$68.9M
$94.7M
Q3 24
$22.8M
$88.4M
Q2 24
$41.8M
$73.8M
Total Debt
HR
HR
KAI
KAI
Q1 26
Q4 25
$3.9B
Q3 25
$4.5B
$254.6M
Q2 25
$4.7B
$245.7M
Q1 25
$4.7B
$273.5M
Q4 24
$4.7B
$285.2M
Q3 24
$5.0B
$323.2M
Q2 24
$5.1B
$342.0M
Stockholders' Equity
HR
HR
KAI
KAI
Q1 26
$4.4B
Q4 25
$4.6B
Q3 25
$4.7B
$949.8M
Q2 25
$4.8B
$926.0M
Q1 25
$5.1B
$876.0M
Q4 24
$5.2B
$847.1M
Q3 24
$5.5B
$851.7M
Q2 24
$5.9B
$807.7M
Total Assets
HR
HR
KAI
KAI
Q1 26
$9.1B
Q4 25
$9.2B
Q3 25
$9.9B
$1.5B
Q2 25
$10.2B
$1.5B
Q1 25
$10.5B
$1.4B
Q4 24
$10.7B
$1.4B
Q3 24
$11.2B
$1.5B
Q2 24
$11.8B
$1.5B
Debt / Equity
HR
HR
KAI
KAI
Q1 26
Q4 25
0.85×
Q3 25
0.96×
0.27×
Q2 25
0.97×
0.27×
Q1 25
0.93×
0.31×
Q4 24
0.89×
0.34×
Q3 24
0.90×
0.38×
Q2 24
0.87×
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
HR
HR
KAI
KAI
Operating Cash FlowLast quarter
$47.3M
Free Cash FlowOCF − Capex
$44.1M
FCF MarginFCF / Revenue
16.2%
Capex IntensityCapex / Revenue
9.7%
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
HR
HR
KAI
KAI
Q1 26
Q4 25
$457.1M
Q3 25
$113.8M
$47.3M
Q2 25
$163.2M
$40.5M
Q1 25
$47.8M
$22.8M
Q4 24
$501.6M
$51.9M
Q3 24
$119.3M
$52.5M
Q2 24
$168.2M
$28.1M
Free Cash Flow
HR
HR
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
HR
HR
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
HR
HR
KAI
KAI
Q1 26
9.7%
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
HR
HR
KAI
KAI
Q1 26
Q4 25
31.33×
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

HR
HR

Rental income$267.6M96%
Other$11.4M4%

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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