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Side-by-side financial comparison of KADANT INC (KAI) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.

WOLVERINE WORLD WIDE INC is the larger business by last-quarter revenue ($517.5M vs $271.6M, roughly 1.9× KADANT INC). KADANT INC runs the higher net margin — 10.2% vs 6.1%, a 4.1% gap on every dollar of revenue. On growth, WOLVERINE WORLD WIDE INC posted the faster year-over-year revenue change (25.5% vs -0.0%). WOLVERINE WORLD WIDE INC produced more free cash flow last quarter ($145.6M vs $44.1M). Over the past eight quarters, WOLVERINE WORLD WIDE INC's revenue compounded faster (14.5% 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.

Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.

KAI vs WWW — Head-to-Head

Bigger by revenue
WWW
WWW
1.9× larger
WWW
$517.5M
$271.6M
KAI
Growing faster (revenue YoY)
WWW
WWW
+25.5% gap
WWW
25.5%
-0.0%
KAI
Higher net margin
KAI
KAI
4.1% more per $
KAI
10.2%
6.1%
WWW
More free cash flow
WWW
WWW
$101.5M more FCF
WWW
$145.6M
$44.1M
KAI
Faster 2-yr revenue CAGR
WWW
WWW
Annualised
WWW
14.5%
6.7%
KAI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
KAI
KAI
WWW
WWW
Revenue
$271.6M
$517.5M
Net Profit
$27.7M
$31.8M
Gross Margin
45.2%
47.3%
Operating Margin
15.7%
9.7%
Net Margin
10.2%
6.1%
Revenue YoY
-0.0%
25.5%
Net Profit YoY
-12.2%
162.8%
EPS (diluted)
$2.35
$0.37

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
WWW
WWW
Q1 26
$517.5M
Q3 25
$271.6M
$470.3M
Q2 25
$255.3M
$474.2M
Q1 25
$239.2M
$412.3M
Q4 24
$258.0M
$494.7M
Q3 24
$271.6M
$440.2M
Q2 24
$274.8M
$425.2M
Q1 24
$249.0M
$394.9M
Net Profit
KAI
KAI
WWW
WWW
Q1 26
$31.8M
Q3 25
$27.7M
$25.1M
Q2 25
$26.2M
$26.8M
Q1 25
$24.1M
$12.1M
Q4 24
$24.0M
$23.1M
Q3 24
$31.6M
$23.2M
Q2 24
$31.3M
$13.8M
Q1 24
$24.7M
$-14.9M
Gross Margin
KAI
KAI
WWW
WWW
Q1 26
47.3%
Q3 25
45.2%
47.5%
Q2 25
45.9%
47.2%
Q1 25
46.1%
47.2%
Q4 24
43.4%
43.4%
Q3 24
44.7%
45.1%
Q2 24
44.4%
43.1%
Q1 24
44.6%
45.9%
Operating Margin
KAI
KAI
WWW
WWW
Q1 26
9.7%
Q3 25
15.7%
8.4%
Q2 25
15.4%
8.6%
Q1 25
14.9%
4.8%
Q4 24
14.3%
7.4%
Q3 24
18.0%
7.9%
Q2 24
17.6%
6.8%
Q1 24
14.8%
-0.8%
Net Margin
KAI
KAI
WWW
WWW
Q1 26
6.1%
Q3 25
10.2%
5.3%
Q2 25
10.2%
5.7%
Q1 25
10.1%
2.9%
Q4 24
9.3%
4.7%
Q3 24
11.6%
5.3%
Q2 24
11.4%
3.2%
Q1 24
9.9%
-3.8%
EPS (diluted)
KAI
KAI
WWW
WWW
Q1 26
$0.37
Q3 25
$2.35
$0.30
Q2 25
$2.22
$0.32
Q1 25
$2.04
$0.15
Q4 24
$2.04
$0.29
Q3 24
$2.68
$0.28
Q2 24
$2.66
$0.17
Q1 24
$2.10
$-0.19

Balance Sheet & Financial Strength

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

Metric
KAI
KAI
WWW
WWW
Cash + ST InvestmentsLiquidity on hand
$124.5M
Total DebtLower is stronger
$254.6M
$621.7M
Stockholders' EquityBook value
$949.8M
$408.0M
Total Assets
$1.5B
$1.7B
Debt / EquityLower = less leverage
0.27×
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KAI
KAI
WWW
WWW
Q1 26
Q3 25
$124.5M
Q2 25
$95.3M
Q1 25
$91.7M
Q4 24
$94.7M
Q3 24
$88.4M
Q2 24
$73.8M
Q1 24
$81.4M
Total Debt
KAI
KAI
WWW
WWW
Q1 26
$621.7M
Q3 25
$254.6M
$676.4M
Q2 25
$245.7M
$708.5M
Q1 25
$273.5M
$710.8M
Q4 24
$285.2M
$648.0M
Q3 24
$323.2M
$702.8M
Q2 24
$342.0M
$814.7M
Q1 24
$306.8M
$856.9M
Stockholders' Equity
KAI
KAI
WWW
WWW
Q1 26
$408.0M
Q3 25
$949.8M
$376.7M
Q2 25
$926.0M
$344.0M
Q1 25
$876.0M
$310.6M
Q4 24
$847.1M
$312.9M
Q3 24
$851.7M
$295.2M
Q2 24
$807.7M
$262.1M
Q1 24
$782.7M
$252.5M
Total Assets
KAI
KAI
WWW
WWW
Q1 26
$1.7B
Q3 25
$1.5B
$1.7B
Q2 25
$1.5B
$1.8B
Q1 25
$1.4B
$1.7B
Q4 24
$1.4B
$1.7B
Q3 24
$1.5B
$1.8B
Q2 24
$1.5B
$1.8B
Q1 24
$1.4B
$1.9B
Debt / Equity
KAI
KAI
WWW
WWW
Q1 26
1.52×
Q3 25
0.27×
1.80×
Q2 25
0.27×
2.06×
Q1 25
0.31×
2.29×
Q4 24
0.34×
2.07×
Q3 24
0.38×
2.38×
Q2 24
0.42×
3.11×
Q1 24
0.39×
3.39×

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
WWW
WWW
Operating Cash FlowLast quarter
$47.3M
$146.2M
Free Cash FlowOCF − Capex
$44.1M
$145.6M
FCF MarginFCF / Revenue
16.2%
28.1%
Capex IntensityCapex / Revenue
1.2%
0.1%
Cash ConversionOCF / Net Profit
1.70×
4.60×
TTM Free Cash FlowTrailing 4 quarters
$145.9M
$125.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KAI
KAI
WWW
WWW
Q1 26
$146.2M
Q3 25
$47.3M
$33.0M
Q2 25
$40.5M
$44.6M
Q1 25
$22.8M
$-83.8M
Q4 24
$51.9M
$82.4M
Q3 24
$52.5M
$108.2M
Q2 24
$28.1M
$26.7M
Q1 24
$22.8M
$-37.2M
Free Cash Flow
KAI
KAI
WWW
WWW
Q1 26
$145.6M
Q3 25
$44.1M
$30.1M
Q2 25
$36.5M
$41.2M
Q1 25
$19.0M
$-91.4M
Q4 24
$46.3M
$74.4M
Q3 24
$48.3M
$104.1M
Q2 24
$23.1M
$23.7M
Q1 24
$16.6M
$-42.3M
FCF Margin
KAI
KAI
WWW
WWW
Q1 26
28.1%
Q3 25
16.2%
6.4%
Q2 25
14.3%
8.7%
Q1 25
7.9%
-22.2%
Q4 24
17.9%
15.0%
Q3 24
17.8%
23.6%
Q2 24
8.4%
5.6%
Q1 24
6.7%
-10.7%
Capex Intensity
KAI
KAI
WWW
WWW
Q1 26
0.1%
Q3 25
1.2%
0.6%
Q2 25
1.6%
0.7%
Q1 25
1.6%
1.8%
Q4 24
2.2%
1.6%
Q3 24
1.5%
0.9%
Q2 24
1.8%
0.7%
Q1 24
2.5%
1.3%
Cash Conversion
KAI
KAI
WWW
WWW
Q1 26
4.60×
Q3 25
1.70×
1.31×
Q2 25
1.55×
1.66×
Q1 25
0.95×
-6.93×
Q4 24
2.16×
3.57×
Q3 24
1.66×
4.66×
Q2 24
0.90×
1.93×
Q1 24
0.92×

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%

WWW
WWW

Sales Channel Through Intermediary$230.2M44%
Sales Channel Directly To Consumer$142.6M28%
Work Group$134.0M26%
Other$10.7M2%

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