vs

Side-by-side financial comparison of KADANT INC (KAI) and OPPENHEIMER HOLDINGS INC (OPY). Click either name above to swap in a different company.

OPPENHEIMER HOLDINGS INC is the larger business by last-quarter revenue ($472.6M vs $271.6M, roughly 1.7× KADANT INC). OPPENHEIMER HOLDINGS INC runs the higher net margin — 15.7% vs 10.2%, a 5.5% gap on every dollar of revenue. On growth, OPPENHEIMER HOLDINGS INC posted the faster year-over-year revenue change (25.9% vs -0.0%). OPPENHEIMER HOLDINGS INC produced more free cash flow last quarter ($183.6M vs $44.1M). Over the past eight quarters, OPPENHEIMER HOLDINGS INC's revenue compounded faster (15.7% CAGR vs 6.7%).

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.

Oppenheimer Holdings Inc. is an American multinational independent investment bank and financial services company offering investment banking, financial advisory services, capital markets services, asset management, wealth management, and related products and services worldwide. The company, which once occupied the One World Financial Center building in Manhattan, now bases its operations at 85 Broad Street in New York City.

KAI vs OPY — Head-to-Head

Bigger by revenue
OPY
OPY
1.7× larger
OPY
$472.6M
$271.6M
KAI
Growing faster (revenue YoY)
OPY
OPY
+25.9% gap
OPY
25.9%
-0.0%
KAI
Higher net margin
OPY
OPY
5.5% more per $
OPY
15.7%
10.2%
KAI
More free cash flow
OPY
OPY
$139.5M more FCF
OPY
$183.6M
$44.1M
KAI
Faster 2-yr revenue CAGR
OPY
OPY
Annualised
OPY
15.7%
6.7%
KAI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
KAI
KAI
OPY
OPY
Revenue
$271.6M
$472.6M
Net Profit
$27.7M
$74.4M
Gross Margin
45.2%
Operating Margin
15.7%
22.4%
Net Margin
10.2%
15.7%
Revenue YoY
-0.0%
25.9%
Net Profit YoY
-12.2%
593.1%
EPS (diluted)
$2.35
$6.51

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
KAI
KAI
OPY
OPY
Q4 25
$472.6M
Q3 25
$271.6M
$424.4M
Q2 25
$255.3M
$373.2M
Q1 25
$239.2M
$367.8M
Q4 24
$258.0M
$375.4M
Q3 24
$271.6M
$373.4M
Q2 24
$274.8M
$330.6M
Q1 24
$249.0M
$353.1M
Net Profit
KAI
KAI
OPY
OPY
Q4 25
$74.4M
Q3 25
$27.7M
$21.7M
Q2 25
$26.2M
$21.7M
Q1 25
$24.1M
$30.7M
Q4 24
$24.0M
$10.7M
Q3 24
$31.6M
$24.5M
Q2 24
$31.3M
$10.3M
Q1 24
$24.7M
$26.1M
Gross Margin
KAI
KAI
OPY
OPY
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
KAI
KAI
OPY
OPY
Q4 25
22.4%
Q3 25
15.7%
7.5%
Q2 25
15.4%
8.6%
Q1 25
14.9%
11.2%
Q4 24
14.3%
4.5%
Q3 24
18.0%
9.5%
Q2 24
17.6%
4.8%
Q1 24
14.8%
10.6%
Net Margin
KAI
KAI
OPY
OPY
Q4 25
15.7%
Q3 25
10.2%
5.1%
Q2 25
10.2%
5.8%
Q1 25
10.1%
8.3%
Q4 24
9.3%
2.9%
Q3 24
11.6%
6.6%
Q2 24
11.4%
3.1%
Q1 24
9.9%
7.4%
EPS (diluted)
KAI
KAI
OPY
OPY
Q4 25
$6.51
Q3 25
$2.35
$1.90
Q2 25
$2.22
$1.91
Q1 25
$2.04
$2.72
Q4 24
$2.04
$0.92
Q3 24
$2.68
$2.16
Q2 24
$2.66
$0.92
Q1 24
$2.10
$2.37

Balance Sheet & Financial Strength

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

Metric
KAI
KAI
OPY
OPY
Cash + ST InvestmentsLiquidity on hand
$124.5M
$38.4M
Total DebtLower is stronger
$254.6M
Stockholders' EquityBook value
$949.8M
$983.8M
Total Assets
$1.5B
$3.7B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KAI
KAI
OPY
OPY
Q4 25
$38.4M
Q3 25
$124.5M
$38.3M
Q2 25
$95.3M
$37.6M
Q1 25
$91.7M
$36.7M
Q4 24
$94.7M
$33.1M
Q3 24
$88.4M
$32.2M
Q2 24
$73.8M
$33.2M
Q1 24
$81.4M
$27.7M
Total Debt
KAI
KAI
OPY
OPY
Q4 25
Q3 25
$254.6M
Q2 25
$245.7M
Q1 25
$273.5M
Q4 24
$285.2M
$0
Q3 24
$323.2M
$112.8M
Q2 24
$342.0M
$112.8M
Q1 24
$306.8M
$112.7M
Stockholders' Equity
KAI
KAI
OPY
OPY
Q4 25
$983.8M
Q3 25
$949.8M
$920.3M
Q2 25
$926.0M
$896.9M
Q1 25
$876.0M
$872.3M
Q4 24
$847.1M
$850.4M
Q3 24
$851.7M
$837.8M
Q2 24
$807.7M
$812.1M
Q1 24
$782.7M
$801.5M
Total Assets
KAI
KAI
OPY
OPY
Q4 25
$3.7B
Q3 25
$1.5B
$3.8B
Q2 25
$1.5B
$3.7B
Q1 25
$1.4B
$3.6B
Q4 24
$1.4B
$3.4B
Q3 24
$1.5B
$3.4B
Q2 24
$1.5B
$3.3B
Q1 24
$1.4B
$3.3B
Debt / Equity
KAI
KAI
OPY
OPY
Q4 25
Q3 25
0.27×
Q2 25
0.27×
Q1 25
0.31×
Q4 24
0.34×
0.00×
Q3 24
0.38×
0.13×
Q2 24
0.42×
0.14×
Q1 24
0.39×
0.14×

Cash Flow & Capital Efficiency

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

Metric
KAI
KAI
OPY
OPY
Operating Cash FlowLast quarter
$47.3M
$188.8M
Free Cash FlowOCF − Capex
$44.1M
$183.6M
FCF MarginFCF / Revenue
16.2%
38.8%
Capex IntensityCapex / Revenue
1.2%
1.1%
Cash ConversionOCF / Net Profit
1.70×
2.54×
TTM Free Cash FlowTrailing 4 quarters
$145.9M
$191.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KAI
KAI
OPY
OPY
Q4 25
$188.8M
Q3 25
$47.3M
$63.4M
Q2 25
$40.5M
$40.1M
Q1 25
$22.8M
$-91.7M
Q4 24
$51.9M
$-108.2M
Q3 24
$52.5M
$11.4M
Q2 24
$28.1M
$-115.3M
Q1 24
$22.8M
$-79.0M
Free Cash Flow
KAI
KAI
OPY
OPY
Q4 25
$183.6M
Q3 25
$44.1M
$62.2M
Q2 25
$36.5M
$38.9M
Q1 25
$19.0M
$-93.4M
Q4 24
$46.3M
$-113.3M
Q3 24
$48.3M
$11.2M
Q2 24
$23.1M
$-116.7M
Q1 24
$16.6M
$-79.3M
FCF Margin
KAI
KAI
OPY
OPY
Q4 25
38.8%
Q3 25
16.2%
14.7%
Q2 25
14.3%
10.4%
Q1 25
7.9%
-25.4%
Q4 24
17.9%
-30.2%
Q3 24
17.8%
3.0%
Q2 24
8.4%
-35.3%
Q1 24
6.7%
-22.5%
Capex Intensity
KAI
KAI
OPY
OPY
Q4 25
1.1%
Q3 25
1.2%
0.3%
Q2 25
1.6%
0.3%
Q1 25
1.6%
0.5%
Q4 24
2.2%
1.4%
Q3 24
1.5%
0.1%
Q2 24
1.8%
0.4%
Q1 24
2.5%
0.1%
Cash Conversion
KAI
KAI
OPY
OPY
Q4 25
2.54×
Q3 25
1.70×
2.92×
Q2 25
1.55×
1.85×
Q1 25
0.95×
-2.99×
Q4 24
2.16×
-10.08×
Q3 24
1.66×
0.47×
Q2 24
0.90×
-11.23×
Q1 24
0.92×
-3.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KAI
KAI

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

OPY
OPY

Advisory Fees$166.6M35%
Capital Markets Segment$155.5M33%
Other$57.2M12%
Commissions From Sales And Trading$52.9M11%
Bank Deposit Sweep Income$27.7M6%
Mutual Fund Income$8.9M2%
Investment Banking Capital Markets$3.3M1%

Related Comparisons