Abstract High power ultrasonic transducers are widely used in the fields of ultrasonic cleaning, ultrasonic welding and therapeutic ultrasound. To further improve the ultrasonic intensity and power of piezoelectric transducers for power ultrasound applications, the cascaded piezoelectric transducer have received tons of attention. The electromechanical equivalent circuit, as a classical transducer analysis method, translates the structural and mechanical parameters into the corresponding circuit parameters and helps us to better understand and analyze the performance characteristics of the transducer, which is of great significance for the design and optimization of the transducer. In this paper, a new theoretical analysis method based on the equivalent circuit is proposed for cascaded piezoelectric transducer. In this method, the equivalent circuit of each component of the longitudinal piezoelectric transducer is cascaded, and equivalent circuit is analyzed using the Kirchhoff’s law to obtain the frequency resonance equation of the piezoelectric transducer. This analysis method avoids the complex equivalent transformation of the equivalent circuit including multiple excitation sources and also obtains the vibration velocity of the piezoelectric transducer radiation surfaces, more information on the vibration characteristics of the transducer was gained from the theoretical aspect. Finally, the theoretical analysis results are compared with the finite element simulation analysis and the traditional analysis results for verification.