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Side-by-side financial comparison of KADANT INC (KAI) and Bancorp, Inc. (TBBK). Click either name above to swap in a different company.

KADANT INC is the larger business by last-quarter revenue ($271.6M vs $161.3M, roughly 1.7× Bancorp, Inc.). Bancorp, Inc. runs the higher net margin — 37.2% vs 10.2%, a 27.0% gap on every dollar of revenue. On growth, KADANT INC posted the faster year-over-year revenue change (-0.0% vs -8.0%). Over the past eight quarters, Bancorp, Inc.'s revenue compounded faster (13.8% 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.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

KAI vs TBBK — Head-to-Head

Bigger by revenue
KAI
KAI
1.7× larger
KAI
$271.6M
$161.3M
TBBK
Growing faster (revenue YoY)
KAI
KAI
+8.0% gap
KAI
-0.0%
-8.0%
TBBK
Higher net margin
TBBK
TBBK
27.0% more per $
TBBK
37.2%
10.2%
KAI
Faster 2-yr revenue CAGR
TBBK
TBBK
Annualised
TBBK
13.8%
6.7%
KAI

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
KAI
KAI
TBBK
TBBK
Revenue
$271.6M
$161.3M
Net Profit
$27.7M
$60.1M
Gross Margin
45.2%
Operating Margin
15.7%
Net Margin
10.2%
37.2%
Revenue YoY
-0.0%
-8.0%
Net Profit YoY
-12.2%
-1.5%
EPS (diluted)
$2.35
$1.41

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
TBBK
TBBK
Q1 26
$161.3M
Q4 25
$172.6M
Q3 25
$271.6M
$174.6M
Q2 25
$255.3M
$181.2M
Q1 25
$239.2M
$175.4M
Q4 24
$258.0M
$159.6M
Q3 24
$271.6M
$125.8M
Q2 24
$274.8M
$124.5M
Net Profit
KAI
KAI
TBBK
TBBK
Q1 26
$60.1M
Q4 25
Q3 25
$27.7M
$54.9M
Q2 25
$26.2M
$59.8M
Q1 25
$24.1M
$57.2M
Q4 24
$24.0M
Q3 24
$31.6M
$51.5M
Q2 24
$31.3M
$53.7M
Gross Margin
KAI
KAI
TBBK
TBBK
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
KAI
KAI
TBBK
TBBK
Q1 26
Q4 25
43.4%
Q3 25
15.7%
41.9%
Q2 25
15.4%
43.9%
Q1 25
14.9%
42.9%
Q4 24
14.3%
47.9%
Q3 24
18.0%
54.9%
Q2 24
17.6%
57.7%
Net Margin
KAI
KAI
TBBK
TBBK
Q1 26
37.2%
Q4 25
Q3 25
10.2%
31.5%
Q2 25
10.2%
33.0%
Q1 25
10.1%
32.6%
Q4 24
9.3%
Q3 24
11.6%
40.9%
Q2 24
11.4%
43.1%
EPS (diluted)
KAI
KAI
TBBK
TBBK
Q1 26
$1.41
Q4 25
$1.28
Q3 25
$2.35
$1.18
Q2 25
$2.22
$1.27
Q1 25
$2.04
$1.19
Q4 24
$2.04
$1.14
Q3 24
$2.68
$1.04
Q2 24
$2.66
$1.05

Balance Sheet & Financial Strength

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

Metric
KAI
KAI
TBBK
TBBK
Cash + ST InvestmentsLiquidity on hand
$124.5M
Total DebtLower is stronger
$254.6M
$483.7M
Stockholders' EquityBook value
$949.8M
$697.0M
Total Assets
$1.5B
$9.9B
Debt / EquityLower = less leverage
0.27×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KAI
KAI
TBBK
TBBK
Q1 26
Q4 25
$112.6M
Q3 25
$124.5M
$84.7M
Q2 25
$95.3M
$340.3M
Q1 25
$91.7M
$1.0B
Q4 24
$94.7M
$570.1M
Q3 24
$88.4M
$55.8M
Q2 24
$73.8M
$405.6M
Total Debt
KAI
KAI
TBBK
TBBK
Q1 26
$483.7M
Q4 25
Q3 25
$254.6M
Q2 25
$245.7M
Q1 25
$273.5M
Q4 24
$285.2M
$14.1M
Q3 24
$323.2M
Q2 24
$342.0M
Stockholders' Equity
KAI
KAI
TBBK
TBBK
Q1 26
$697.0M
Q4 25
$689.8M
Q3 25
$949.8M
$778.2M
Q2 25
$926.0M
$860.3M
Q1 25
$876.0M
$829.7M
Q4 24
$847.1M
$789.8M
Q3 24
$851.7M
$815.3M
Q2 24
$807.7M
$777.0M
Total Assets
KAI
KAI
TBBK
TBBK
Q1 26
$9.9B
Q4 25
$9.4B
Q3 25
$1.5B
$8.6B
Q2 25
$1.5B
$8.8B
Q1 25
$1.4B
$9.4B
Q4 24
$1.4B
$8.7B
Q3 24
$1.5B
$8.1B
Q2 24
$1.5B
$8.1B
Debt / Equity
KAI
KAI
TBBK
TBBK
Q1 26
0.69×
Q4 25
Q3 25
0.27×
Q2 25
0.27×
Q1 25
0.31×
Q4 24
0.34×
0.02×
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
KAI
KAI
TBBK
TBBK
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
KAI
KAI
TBBK
TBBK
Q1 26
Q4 25
$265.0M
Q3 25
$47.3M
$78.2M
Q2 25
$40.5M
$85.9M
Q1 25
$22.8M
$132.5M
Q4 24
$51.9M
$209.9M
Q3 24
$52.5M
$50.8M
Q2 24
$28.1M
$17.1M
Free Cash Flow
KAI
KAI
TBBK
TBBK
Q1 26
Q4 25
$257.9M
Q3 25
$44.1M
$77.6M
Q2 25
$36.5M
$85.4M
Q1 25
$19.0M
$131.7M
Q4 24
$46.3M
$204.9M
Q3 24
$48.3M
$49.7M
Q2 24
$23.1M
$15.5M
FCF Margin
KAI
KAI
TBBK
TBBK
Q1 26
Q4 25
149.4%
Q3 25
16.2%
44.4%
Q2 25
14.3%
47.1%
Q1 25
7.9%
75.1%
Q4 24
17.9%
128.4%
Q3 24
17.8%
39.5%
Q2 24
8.4%
12.4%
Capex Intensity
KAI
KAI
TBBK
TBBK
Q1 26
Q4 25
4.1%
Q3 25
1.2%
0.4%
Q2 25
1.6%
0.3%
Q1 25
1.6%
0.4%
Q4 24
2.2%
3.1%
Q3 24
1.5%
0.9%
Q2 24
1.8%
1.3%
Cash Conversion
KAI
KAI
TBBK
TBBK
Q1 26
Q4 25
Q3 25
1.70×
1.42×
Q2 25
1.55×
1.44×
Q1 25
0.95×
2.32×
Q4 24
2.16×
Q3 24
1.66×
0.99×
Q2 24
0.90×
0.32×

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%

TBBK
TBBK

Segment breakdown not available.

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