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Side-by-side financial comparison of KADANT INC (KAI) and Simply Good Foods Co (SMPL). Click either name above to swap in a different company.

Simply Good Foods Co is the larger business by last-quarter revenue ($340.2M vs $271.6M, roughly 1.3× KADANT INC). KADANT INC runs the higher net margin — 10.2% vs 7.4%, a 2.8% gap on every dollar of revenue. On growth, KADANT INC posted the faster year-over-year revenue change (-0.0% vs -0.3%). Simply Good Foods Co produced more free cash flow last quarter ($48.0M vs $44.1M). Over the past eight quarters, KADANT INC's revenue compounded faster (6.7% CAGR vs 3.0%).

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.

Whole Foods Market, Inc. is an American multinational supermarket chain headquartered in Austin, Texas, owned wholly by Amazon, and which generally sells whole food products free from hydrogenated fats and artificial colors, flavors, and preservatives. A USDA Certified Organic grocer in the United States, the chain is popularly known for its organic selections.

KAI vs SMPL — Head-to-Head

Bigger by revenue
SMPL
SMPL
1.3× larger
SMPL
$340.2M
$271.6M
KAI
Growing faster (revenue YoY)
KAI
KAI
+0.3% gap
KAI
-0.0%
-0.3%
SMPL
Higher net margin
KAI
KAI
2.8% more per $
KAI
10.2%
7.4%
SMPL
More free cash flow
SMPL
SMPL
$3.9M more FCF
SMPL
$48.0M
$44.1M
KAI
Faster 2-yr revenue CAGR
KAI
KAI
Annualised
KAI
6.7%
3.0%
SMPL

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
KAI
KAI
SMPL
SMPL
Revenue
$271.6M
$340.2M
Net Profit
$27.7M
$25.3M
Gross Margin
45.2%
32.3%
Operating Margin
15.7%
11.0%
Net Margin
10.2%
7.4%
Revenue YoY
-0.0%
-0.3%
Net Profit YoY
-12.2%
-33.7%
EPS (diluted)
$2.35
$0.26

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
SMPL
SMPL
Q4 25
$340.2M
Q3 25
$271.6M
Q2 25
$255.3M
$381.0M
Q1 25
$239.2M
Q4 24
$258.0M
$341.3M
Q3 24
$271.6M
$375.7M
Q2 24
$274.8M
$334.8M
Q1 24
$249.0M
$312.2M
Net Profit
KAI
KAI
SMPL
SMPL
Q4 25
$25.3M
Q3 25
$27.7M
Q2 25
$26.2M
$41.1M
Q1 25
$24.1M
Q4 24
$24.0M
$38.1M
Q3 24
$31.6M
$29.3M
Q2 24
$31.3M
$41.3M
Q1 24
$24.7M
$33.1M
Gross Margin
KAI
KAI
SMPL
SMPL
Q4 25
32.3%
Q3 25
45.2%
Q2 25
45.9%
36.4%
Q1 25
46.1%
Q4 24
43.4%
38.2%
Q3 24
44.7%
38.8%
Q2 24
44.4%
39.9%
Q1 24
44.6%
37.4%
Operating Margin
KAI
KAI
SMPL
SMPL
Q4 25
11.0%
Q3 25
15.7%
Q2 25
15.4%
15.6%
Q1 25
14.9%
Q4 24
14.3%
16.0%
Q3 24
18.0%
12.7%
Q2 24
17.6%
17.6%
Q1 24
14.8%
15.4%
Net Margin
KAI
KAI
SMPL
SMPL
Q4 25
7.4%
Q3 25
10.2%
Q2 25
10.2%
10.8%
Q1 25
10.1%
Q4 24
9.3%
11.2%
Q3 24
11.6%
7.8%
Q2 24
11.4%
12.3%
Q1 24
9.9%
10.6%
EPS (diluted)
KAI
KAI
SMPL
SMPL
Q4 25
$0.26
Q3 25
$2.35
Q2 25
$2.22
$0.40
Q1 25
$2.04
Q4 24
$2.04
$0.38
Q3 24
$2.68
$0.29
Q2 24
$2.66
$0.41
Q1 24
$2.10
$0.33

Balance Sheet & Financial Strength

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

Metric
KAI
KAI
SMPL
SMPL
Cash + ST InvestmentsLiquidity on hand
$124.5M
$194.1M
Total DebtLower is stronger
$254.6M
Stockholders' EquityBook value
$949.8M
$1.7B
Total Assets
$1.5B
$2.5B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KAI
KAI
SMPL
SMPL
Q4 25
$194.1M
Q3 25
$124.5M
Q2 25
$95.3M
$98.0M
Q1 25
$91.7M
Q4 24
$94.7M
$121.8M
Q3 24
$88.4M
$132.5M
Q2 24
$73.8M
$208.7M
Q1 24
$81.4M
$135.9M
Total Debt
KAI
KAI
SMPL
SMPL
Q4 25
Q3 25
$254.6M
Q2 25
$245.7M
Q1 25
$273.5M
Q4 24
$285.2M
Q3 24
$323.2M
$397.5M
Q2 24
$342.0M
$237.7M
Q1 24
$306.8M
$237.7M
Stockholders' Equity
KAI
KAI
SMPL
SMPL
Q4 25
$1.7B
Q3 25
$949.8M
Q2 25
$926.0M
$1.8B
Q1 25
$876.0M
Q4 24
$847.1M
$1.8B
Q3 24
$851.7M
$1.7B
Q2 24
$807.7M
$1.7B
Q1 24
$782.7M
$1.6B
Total Assets
KAI
KAI
SMPL
SMPL
Q4 25
$2.5B
Q3 25
$1.5B
Q2 25
$1.5B
$2.4B
Q1 25
$1.4B
Q4 24
$1.4B
$2.4B
Q3 24
$1.5B
$2.4B
Q2 24
$1.5B
$2.2B
Q1 24
$1.4B
$2.1B
Debt / Equity
KAI
KAI
SMPL
SMPL
Q4 25
Q3 25
0.27×
Q2 25
0.27×
Q1 25
0.31×
Q4 24
0.34×
Q3 24
0.38×
0.23×
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
SMPL
SMPL
Operating Cash FlowLast quarter
$47.3M
$50.1M
Free Cash FlowOCF − Capex
$44.1M
$48.0M
FCF MarginFCF / Revenue
16.2%
14.1%
Capex IntensityCapex / Revenue
1.2%
0.6%
Cash ConversionOCF / Net Profit
1.70×
1.98×
TTM Free Cash FlowTrailing 4 quarters
$145.9M
$223.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KAI
KAI
SMPL
SMPL
Q4 25
$50.1M
Q3 25
$47.3M
Q2 25
$40.5M
$101.1M
Q1 25
$22.8M
Q4 24
$51.9M
$32.0M
Q3 24
$52.5M
$48.9M
Q2 24
$28.1M
$72.8M
Q1 24
$22.8M
$46.5M
Free Cash Flow
KAI
KAI
SMPL
SMPL
Q4 25
$48.0M
Q3 25
$44.1M
Q2 25
$36.5M
$98.9M
Q1 25
$19.0M
Q4 24
$46.3M
$31.7M
Q3 24
$48.3M
$45.0M
Q2 24
$23.1M
$72.0M
Q1 24
$16.6M
$46.1M
FCF Margin
KAI
KAI
SMPL
SMPL
Q4 25
14.1%
Q3 25
16.2%
Q2 25
14.3%
25.9%
Q1 25
7.9%
Q4 24
17.9%
9.3%
Q3 24
17.8%
12.0%
Q2 24
8.4%
21.5%
Q1 24
6.7%
14.8%
Capex Intensity
KAI
KAI
SMPL
SMPL
Q4 25
0.6%
Q3 25
1.2%
Q2 25
1.6%
0.6%
Q1 25
1.6%
Q4 24
2.2%
0.1%
Q3 24
1.5%
1.0%
Q2 24
1.8%
0.2%
Q1 24
2.5%
0.1%
Cash Conversion
KAI
KAI
SMPL
SMPL
Q4 25
1.98×
Q3 25
1.70×
Q2 25
1.55×
2.46×
Q1 25
0.95×
Q4 24
2.16×
0.84×
Q3 24
1.66×
1.67×
Q2 24
0.90×
1.76×
Q1 24
0.92×
1.40×

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%

SMPL
SMPL

Quest$211.4M62%
Atkins Domain$79.7M23%
OWYN$28.1M8%
Other$20.9M6%

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