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KADANT INC（KAI）与ONESPAWORLD HOLDINGS Ltd（OSW）财务数据对比。点击上方公司名可切换其他公司
KADANT INC的季度营收约是ONESPAWORLD HOLDINGS Ltd的1.1倍（$271.6M vs $242.1M），KADANT INC净利率更高（10.2% vs 5.0%，领先5.2%），ONESPAWORLD HOLDINGS Ltd同比增速更快（11.5% vs -0.0%），KADANT INC自由现金流更多（$44.1M vs $14.9M），过去两年ONESPAWORLD HOLDINGS Ltd的营收复合增速更高（7.1% vs 6.7%）
Kadant Inc.创立于1991年，最初是Thermo Electron的子公司，部分股权私有、部分公开交易，2001年完成完全分拆并启用现名。公司服务于造纸、废纸回收、木材加工、物料搬运等多个加工领域，是业务覆盖亚洲、欧洲、北美、南美的跨国企业。
KAI vs OSW — 直观对比
营收规模更大
KAI
是对方的1.1倍
$242.1M
营收增速更快
OSW
高出11.5%
-0.0%
净利率更高
KAI
高出5.2%
5.0%
自由现金流更多
KAI
多$29.2M
$14.9M
两年增速更快
OSW
近两年复合增速
6.7%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $271.6M | $242.1M |
| 净利润 | $27.7M | $12.1M |
| 毛利率 | 45.2% | — |
| 营业利润率 | 15.7% | 6.8% |
| 净利率 | 10.2% | 5.0% |
| 营收同比 | -0.0% | 11.5% |
| 净利润同比 | -12.2% | -16.2% |
| 每股收益（稀释后） | $2.35 | $0.12 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收KAIOSW
| Q4 25 | — | $242.1M | ||
| Q3 25 | $271.6M | $258.5M | ||
| Q2 25 | $255.3M | $240.7M | ||
| Q1 25 | $239.2M | $219.6M | ||
| Q4 24 | $258.0M | $217.2M | ||
| Q3 24 | $271.6M | $241.7M | ||
| Q2 24 | $274.8M | $224.9M | ||
| Q1 24 | $249.0M | $211.2M |
净利润KAIOSW
| Q4 25 | — | $12.1M | ||
| Q3 25 | $27.7M | $24.3M | ||
| Q2 25 | $26.2M | $19.9M | ||
| Q1 25 | $24.1M | $15.3M | ||
| Q4 24 | $24.0M | $14.4M | ||
| Q3 24 | $31.6M | $21.6M | ||
| Q2 24 | $31.3M | $15.8M | ||
| Q1 24 | $24.7M | $21.2M |
毛利率KAIOSW
| 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% | — |
营业利润率KAIOSW
| Q4 25 | — | 6.8% | ||
| Q3 25 | 15.7% | 10.2% | ||
| Q2 25 | 15.4% | 9.2% | ||
| Q1 25 | 14.9% | 7.7% | ||
| Q4 24 | 14.3% | 7.9% | ||
| Q3 24 | 18.0% | 10.3% | ||
| Q2 24 | 17.6% | 8.4% | ||
| Q1 24 | 14.8% | 8.0% |
净利率KAIOSW
| Q4 25 | — | 5.0% | ||
| Q3 25 | 10.2% | 9.4% | ||
| Q2 25 | 10.2% | 8.3% | ||
| Q1 25 | 10.1% | 7.0% | ||
| Q4 24 | 9.3% | 6.6% | ||
| Q3 24 | 11.6% | 8.9% | ||
| Q2 24 | 11.4% | 7.0% | ||
| Q1 24 | 9.9% | 10.0% |
每股收益（稀释后）KAIOSW
| Q4 25 | — | $0.12 | ||
| Q3 25 | $2.35 | $0.23 | ||
| Q2 25 | $2.22 | $0.19 | ||
| Q1 25 | $2.04 | $0.15 | ||
| Q4 24 | $2.04 | $0.13 | ||
| Q3 24 | $2.68 | $0.20 | ||
| Q2 24 | $2.66 | $0.15 | ||
| Q1 24 | $2.10 | $0.21 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $124.5M | $16.3M |
| 总债务越低越好 | $254.6M | $84.0M |
| 股东权益账面价值 | $949.8M | $542.6M |
| 总资产 | $1.5B | $707.1M |
| 负债/权益比越低杠杆越低 | 0.27× | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资KAIOSW
| Q4 25 | — | $16.3M | ||
| Q3 25 | $124.5M | $29.6M | ||
| Q2 25 | $95.3M | $35.0M | ||
| Q1 25 | $91.7M | $22.6M | ||
| Q4 24 | $94.7M | $57.4M | ||
| Q3 24 | $88.4M | $48.8M | ||
| Q2 24 | $73.8M | $62.5M | ||
| Q1 24 | $81.4M | $65.4M |
总债务KAIOSW
| Q4 25 | — | $84.0M | ||
| Q3 25 | $254.6M | $85.2M | ||
| Q2 25 | $245.7M | $96.2M | ||
| Q1 25 | $273.5M | $97.4M | ||
| Q4 24 | $285.2M | $98.6M | ||
| Q3 24 | $323.2M | $98.7M | ||
| Q2 24 | $342.0M | $123.8M | ||
| Q1 24 | $306.8M | $138.6M |
股东权益KAIOSW
| Q4 25 | — | $542.6M | ||
| Q3 25 | $949.8M | $552.8M | ||
| Q2 25 | $926.0M | $548.3M | ||
| Q1 25 | $876.0M | $530.6M | ||
| Q4 24 | $847.1M | $554.5M | ||
| Q3 24 | $851.7M | $540.1M | ||
| Q2 24 | $807.7M | $532.7M | ||
| Q1 24 | $782.7M | $515.5M |
总资产KAIOSW
| Q4 25 | — | $707.1M | ||
| Q3 25 | $1.5B | $732.6M | ||
| Q2 25 | $1.5B | $731.8M | ||
| Q1 25 | $1.4B | $708.7M | ||
| Q4 24 | $1.4B | $746.4M | ||
| Q3 24 | $1.5B | $734.0M | ||
| Q2 24 | $1.5B | $756.8M | ||
| Q1 24 | $1.4B | $763.6M |
负债/权益比KAIOSW
| Q4 25 | — | 0.15× | ||
| Q3 25 | 0.27× | 0.15× | ||
| Q2 25 | 0.27× | 0.18× | ||
| Q1 25 | 0.31× | 0.18× | ||
| Q4 24 | 0.34× | 0.18× | ||
| Q3 24 | 0.38× | 0.18× | ||
| Q2 24 | 0.42× | 0.23× | ||
| Q1 24 | 0.39× | 0.27× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $47.3M | $20.0M |
| 自由现金流经营现金流 - 资本支出 | $44.1M | $14.9M |
| 自由现金流率自由现金流/营收 | 16.2% | 6.2% |
| 资本支出强度资本支出/营收 | 1.2% | 2.1% |
| 现金转化率经营现金流/净利润 | 1.70× | 1.65× |
| 过去12个月自由现金流最近4个季度 | $145.9M | $68.4M |
8季度趋势，按日历期对齐
经营现金流KAIOSW
| Q4 25 | — | $20.0M | ||
| Q3 25 | $47.3M | $33.2M | ||
| Q2 25 | $40.5M | $20.3M | ||
| Q1 25 | $22.8M | $10.1M | ||
| Q4 24 | $51.9M | $16.6M | ||
| Q3 24 | $52.5M | $28.6M | ||
| Q2 24 | $28.1M | $18.7M | ||
| Q1 24 | $22.8M | $15.0M |
自由现金流KAIOSW
| Q4 25 | — | $14.9M | ||
| Q3 25 | $44.1M | $27.6M | ||
| Q2 25 | $36.5M | $17.6M | ||
| Q1 25 | $19.0M | $8.4M | ||
| Q4 24 | $46.3M | $13.2M | ||
| Q3 24 | $48.3M | $27.5M | ||
| Q2 24 | $23.1M | $17.6M | ||
| Q1 24 | $16.6M | $13.7M |
自由现金流率KAIOSW
| Q4 25 | — | 6.2% | ||
| Q3 25 | 16.2% | 10.7% | ||
| Q2 25 | 14.3% | 7.3% | ||
| Q1 25 | 7.9% | 3.8% | ||
| Q4 24 | 17.9% | 6.1% | ||
| Q3 24 | 17.8% | 11.4% | ||
| Q2 24 | 8.4% | 7.8% | ||
| Q1 24 | 6.7% | 6.5% |
资本支出强度KAIOSW
| Q4 25 | — | 2.1% | ||
| Q3 25 | 1.2% | 2.2% | ||
| Q2 25 | 1.6% | 1.1% | ||
| Q1 25 | 1.6% | 0.8% | ||
| Q4 24 | 2.2% | 1.5% | ||
| Q3 24 | 1.5% | 0.5% | ||
| Q2 24 | 1.8% | 0.5% | ||
| Q1 24 | 2.5% | 0.6% |
现金转化率KAIOSW
| Q4 25 | — | 1.65× | ||
| Q3 25 | 1.70× | 1.36× | ||
| Q2 25 | 1.55× | 1.02× | ||
| Q1 25 | 0.95× | 0.66× | ||
| Q4 24 | 2.16× | 1.15× | ||
| Q3 24 | 1.66× | 1.33× | ||
| Q2 24 | 0.90× | 1.19× | ||
| Q1 24 | 0.92× | 0.71× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
KAI
| Flow Control | $94.8M | 35% |
| Capital | $83.2M | 31% |
| Material Handling Systems | $70.3M | 26% |
| Transferred Over Time | $17.1M | 6% |
| Other | $6.1M | 2% |
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
