KAI vs ALE
Comparison between Kadant Inc (KAI, Company) and ALLETE, Inc. (ALE, Company).
KAI is from the Industrials sector, while ALE is from the Utilities sector.
5-Year PerformanceKAI has outperformed ALE, delivering a return of +10.8% compared to +2.6%
KAI vs ALE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
KAI vs ALE - Historical Returns
Returns include dividend reinvestment.
KAI vs ALE - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | KAI | ALE |
|---|---|---|
| 2026 | +15.97% | +0.00% |
| 2025 | -17.52% | +8.18% |
| 2024 | +26.25% | +8.85% |
| 2023 | +57.05% | -1.62% |
| 2022 | -21.58% | +1.27% |
| 2021 | +68.00% | +11.92% |
| 2020 | +33.06% | -19.81% |
| 2019 | +29.78% | +13.71% |
| 2018 | -16.67% | +6.41% |
| 2017 | +63.80% | +20.35% |
| 2016 | +62.92% | +33.87% |
| 2015 | -2.77% | -4.59% |
| 2014 | +6.20% | +16.73% |
| 2013 | +49.22% | +22.93% |
| 2012 | +17.56% | +4.37% |
| 2011 | -5.79% | +16.34% |
| 2010 | +49.75% | +18.89% |
| 2009 | +17.53% | +6.66% |
| 2008 | -54.10% | -12.20% |
| 2007 | +21.80% | -12.13% |
| 2006 | +26.39% | +5.41% |
| 2005 | -8.19% | +24.22% |
| 2004 | -1.68% | +24.41% |
| 2003 | +37.99% | +38.15% |
| 2002 | +2.74% | -7.76% |
| 2001 | -20.11% | +11.58% |
| 2000 | -52.16% | +61.13% |
| 1999 | +1.86% | -7.48% |
KAI vs ALE Drawdown Comparison
The maximum drawdown for KAI was -83.79%, occurring on Mar 9, 2009. Recovery took 3472 trading sessions.
The maximum drawdown for ALE was -48.82%, occurring on Mar 5, 2009. Recovery took 1056 trading sessions.
The current KAI drawdown is -21.14%. The current ALE drawdown is -0.82%.
| Rank | KAI | ALE |
|---|---|---|
| #1 | -83.79% Feb 8, 2000 - Nov 26, 2013 | -48.82% Apr 25, 2007 - Jul 1, 2011 |
| #2 | -51.98% Feb 5, 2020 - Jun 8, 2020 | -42.20% Sep 25, 2019 - May 15, 2020 |
| #3 | -41.24% Nov 26, 2024 - Nov 18, 2025 | -37.23% May 2, 2002 - Oct 24, 2003 |
| #4 | -36.57% Apr 15, 2015 - Jul 15, 2016 | -26.84% Jun 10, 2004 - Nov 12, 2004 |
| #5 | -33.92% Nov 23, 2021 - Nov 2, 2023 | -21.32% Jan 27, 2015 - Mar 10, 2016 |
| #6 | -31.42% Oct 31, 2017 - Jan 17, 2020 | -20.22% Sep 4, 2001 - Jan 30, 2002 |
| #7 | -23.14% Feb 15, 2024 - Jul 16, 2024 | -19.20% Nov 5, 1999 - Apr 25, 2000 |
| #8 | -18.60% Jul 30, 2024 - Nov 5, 2024 | -18.63% Dec 28, 2000 - Mar 30, 2001 |
| #9 | -18.36% Dec 24, 2013 - Oct 28, 2014 | -18.57% Jul 11, 2005 - Feb 6, 2007 |
| #10 | -17.47% Jun 8, 2020 - Jul 15, 2020 | -15.85% Nov 30, 2017 - Jul 5, 2018 |
| #11 | -15.69% Sep 2, 2020 - Nov 3, 2020 | -14.65% Sep 11, 2000 - Dec 8, 2000 |
| #12 | -12.15% Apr 6, 2021 - Aug 4, 2021 | -13.60% Mar 31, 2014 - Oct 30, 2014 |
| #13 | -11.23% Dec 9, 2016 - May 2, 2017 | -13.49% Jul 21, 2011 - Dec 22, 2011 |
| #14 | -11.22% Aug 4, 2016 - Nov 9, 2016 | -13.45% Jun 28, 2000 - Jul 10, 2000 |
| #15 | -11.17% Nov 16, 1999 - Jan 26, 2000 | -13.40% Jul 30, 2013 - Mar 25, 2014 |
Correlation
Correlation between KAI and ALE is 0.79 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2000 - 2026)
KAI vs ALE dividend yield comparison.
| Year | KAI | ALE |
|---|---|---|
| 2026 | 0.32% | 0.00% |
| 2025 | 0.47% | 3.23% |
| 2024 | 0.36% | 4.35% |
| 2023 | 0.40% | 4.43% |
| 2022 | 0.58% | 4.03% |
| 2021 | 0.43% | 3.80% |
| 2020 | 0.67% | 3.99% |
| 2019 | 0.86% | 2.90% |
| 2018 | 1.07% | 2.94% |
| 2017 | 0.82% | 2.88% |
| 2016 | 1.21% | 3.24% |
| 2015 | 1.63% | 3.97% |
| 2014 | 1.35% | 3.55% |
| 2013 | 0.93% | 3.81% |
| 2012 | 0.00% | 4.49% |
| 2011 | 0.00% | 4.24% |
| 2010 | 0.00% | 4.72% |
| 2009 | 0.00% | 5.39% |
| 2008 | 0.00% | 5.33% |
| 2007 | 0.00% | 4.14% |
| 2006 | 0.00% | 3.12% |
| 2005 | 0.00% | 2.83% |
| 2004 | 0.00% | 3.12% |
| 2003 | 0.00% | 3.69% |
| 2002 | 0.00% | 4.85% |
| 2001 | 0.00% | 4.25% |
| 2000 | 0.00% | 4.32% |
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