Kennametal
KMT
32.27
-1.14
-3.41%
Kennametal
US · KMT
#2632 by market cap
Listed 1970
32.27
-1.14
-3.41%
Live - 5344 symbols - heartbeat 60s ago
· 2026-10-08 07:00
Pre-market
32.11
-0.49%
After-hours
32.27
0.00%
- Market cap
- 2.47B
- P/E (TTM)i
- 7.30
- P/Bi
- 1.57
- EPSi
- 4.42
- Div yieldi
- 2.48%
- 52W posi
- 52%
Reader sentiment
Are you bullish or bearish on KMT?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 3.27, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +19.82% YoY
Margins
- Gross margin
- 41.16%
- Operating margin
- 20.43%
- Net margin
- 14.53%
Key ratios & quality
- Enterprise valuei
- 3.10B
- PEG ratioi
- 0.17
- Altman Z-Scorei
- 3.27
PEG uses trailing P/E against the 3-year net income growth rate (42.45%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.38B | 1.89B | 1.84B | 2.01B | 2.08B | 2.05B | 1.97B | 2.36B |
| Gross profit | 831.50M | 529.47M | 552.48M | 647.98M | 646.44M | 627.09M | 598.07M | 969.96M |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 342.93M | 127.22M | 131.23M | 215.90M | 196.52M | 182.38M | 156.45M | 481.44M |
| Pretax profit | 311.24M | 1.96M | 64.66M | 206.73M | 159.62M | 144.45M | 132.00M | 461.33M |
| Tax | 63.36M | 7.01M | 6.24M | 56.53M | 36.26M | 30.81M | 33.30M | 110.92M |
| Net profit | 247.88M | -5.05M | 58.42M | 150.20M | 123.37M | 113.64M | 98.71M | 350.41M |
| Basic EPS | 3 | 0 | 1 | 2 | 1 | 1 | 1 | 4 |
| Diluted EPS | 2.90 | -0.07 | 0.65 | 1.72 | 1.46 | 1.37 | 1.20 | 4.42 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 486.40M | 516.45M | 497.97M | 529.53M | 592.59M | 736.61M |
| Gross profit | 156.37M | 145.67M | 154.55M | 173.87M | 207.98M | 433.56M |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 49.65M | 37.16M | 39.15M | 55.19M | 81.55M | 305.56M |
| Pretax profit | 43.30M | 30.37M | 33.70M | 48.67M | 79.71M | 299.25M |
| Tax | 10.22M | 7.24M | 9.06M | 13.47M | 18.59M | 69.79M |
| Net profit | 33.08M | 23.12M | 24.63M | 35.20M | 61.12M | 229.46M |
| Basic EPS | 0 | 0 | 0 | 0 | 1 | 3 |
| Diluted EPS | 0.41 | 0.28 | 0.30 | 0.44 | 0.75 | 2.91 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.19B | 1.44B | 1.00B | 1.02B | 1.03B | 1.00B | 1.04B | 1.77B |
| Cash & ST investments | 182.02M | 606.68M | 154.05M | 85.59M | 106.02M | 127.97M | 140.54M | 95.79M |
| Inventory | 571.58M | 522.45M | 476.35M | 570.84M | 557.63M | 514.63M | 538.24M | 1.11B |
| Total assets | 2.66B | 3.04B | 2.67B | 2.57B | 2.55B | 2.50B | 2.55B | 3.17B |
| Total current liabilities | 461.73M | 898.08M | 437.39M | 485.65M | 433.98M | 415.96M | 422.33M | 676.71M |
| Short-term debt | 157.00K | 513.61M | 22.59M | 33.57M | 12.07M | 14.14M | 13.16M | 43.89M |
| Long-term debt | 592.47M | 594.08M | 592.11M | 594.36M | 595.17M | 595.98M | 596.79M | 685.28M |
| Total liabilities | 1,281,565,000.00 | 1,768,803,000.00 | 1,297,556,000.00 | 1,282,277,000.00 | 1,233,066,000.00 | 1,215,159,000.00 | 1,220,764,000.00 | 1,553,315,000.00 |
| Total equity | 1.37B | 1.27B | 1.37B | 1.29B | 1.31B | 1.29B | 1.32B | 1.61B |
| Retained earnings | 1.08B | 1.00B | 992.60M | 1.07B | 1.12B | 1.17B | 1.20B | 1.48B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.01B | 1.04B | 1.03B | 1.12B | 1.28B | 1.77B |
| Cash & ST investments | 97.47M | 140.54M | 103.50M | 129.32M | 106.85M | 95.79M |
| Inventory | 555.99M | 538.24M | 565.19M | 621.92M | 747.35M | 1.11B |
| Total assets | 2.49B | 2.55B | 2.52B | 2.60B | 2.73B | 3.17B |
| Total current liabilities | 415.63M | 422.33M | 396.98M | 439.35M | 536.07M | 676.71M |
| Short-term debt | 24.76M | 13.16M | 13.60M | 13.67M | 28.55M | 43.89M |
| Long-term debt | 596.59M | 596.79M | 596.99M | 597.19M | 597.39M | 685.28M |
| Total liabilities | 1,211,587,000.00 | 1,220,764,000.00 | 1,193,327,000.00 | 1,237,899,000.00 | 1,332,375,000.00 | 1,553,315,000.00 |
| Total equity | 1.28B | 1.32B | 1.33B | 1.36B | 1.40B | 1.61B |
| Retained earnings | 1.20B | 1.20B | 1.21B | 1.23B | 1.27B | 1.48B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 300.52M | 223.74M | 235.68M | 181.44M | 257.95M | 277.11M | 208.32M | -4.01M |
| Depreciation & amortization | 112.05M | 119.86M | 126.49M | 131.68M | 134.03M | 134.69M | 136.50M | 143.16M |
| Free cash flow | 88.18M | -20.41M | 108.38M | 84.52M | 163.56M | 169.55M | 119.35M | -80.91M |
| Dividends paid | -65.75M | -66.30M | -66.74M | -66.57M | -64.52M | -63.43M | -61.85M | -60.85M |
| Stock buybacks / issuance | -214.00K | -209.00K | -197.00K | -85.54M | -49.29M | -65.57M | -60.12M | -10.11M |
| Ending cash balance | 182.02M | 606.68M | 154.05M | 85.59M | 106.02M | 127.97M | 140.54M | 95.79M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 28.83M | 78.59M | 17.49M | 55.12M | -2.93M | -73.69M |
| Depreciation & amortization | 33.85M | 35.08M | 35.05M | 34.37M | 38.17M | 35.58M |
| Free cash flow | 5.29M | 57.13M | -5.50M | 42.41M | -20.91M | -96.91M |
| Dividends paid | -15.46M | -15.25M | -15.14M | -15.23M | -15.24M | -15.24M |
| Stock buybacks / issuance | -25.02M | -5.04M | -10.03M | -38.00K | 0 | -38.00K |
| Ending cash balance | 97.47M | 140.54M | 103.50M | 129.32M | 106.85M | 95.79M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 19.13 | -0.44 | 4.25 | 11.20 | 9.37 | 8.66 | 7.35 | 24.00 |
| ROA %i | 8.67 | -0.20 | 1.91 | 5.52 | 4.63 | 4.33 | 3.69 | 11.99 |
| ROIC %i | 13.04 | 0.93 | 4.42 | 8.39 | 7.33 | 6.83 | 5.85 | 17.09 |
| 5-year avg ROE %i | -0.04 | 4.44 | 9.20 | 10.45 | 8.70 | 6.61 | 8.17 | 12.12 |
| EBIT margin %i | 14.49 | 1.97 | 6.03 | 11.56 | 9.05 | 8.35 | 7.98 | 20.79 |
| FCF / sales %i | 3.71 | -- | 5.89 | 4.20 | 7.87 | 8.28 | 6.07 | -- |
| Current ratioi | 2.58 | 1.60 | 2.30 | 2.11 | 2.37 | 2.41 | 2.46 | 2.62 |
| Quick ratioi | 1.22 | 0.94 | 1.04 | 0.78 | 0.95 | 1.04 | 1.03 | 0.75 |
| Debt / assetsi | 22.31 | 37.63 | 24.44 | 25.77 | 25.10 | 25.79 | 25.28 | 24.12 |
| LT debt / equityi | 44.37 | 51.18 | 47.30 | 50.27 | 49.19 | 50.53 | 49.08 | 45.85 |
| Interest coveragei | 10.43 | 1.06 | 2.39 | 8.98 | 6.60 | 6.46 | 6.29 | 17.15 |
| Revenue CAGR (3Y) %i | 4.22 | -2.89 | -8.04 | -5.37 | 3.30 | 3.59 | -0.76 | 4.28 |
| Net income CAGR (3Y) %i | -- | -- | -35.21 | -15.76 | -- | 26.17 | -13.65 | 42.45 |
| FCF CAGR (3Y) %i | -7.61 | -- | 0.65 | -1.40 | -- | 16.09 | 12.19 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 8.69 | 7.35 | 7.36 | 8.70 | 10.57 | 24.00 |
| ROA %i | 4.34 | 3.69 | 3.74 | 4.38 | 5.25 | 11.99 |
| ROIC %i | 6.66 | 5.85 | 5.86 | 6.73 | 7.97 | 17.09 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 9.12 | 7.98 | 8.03 | 8.90 | 10.17 | 20.79 |
| FCF / sales %i | 7.65 | 6.07 | 4.68 | 4.89 | 3.42 | -- |
| Current ratioi | 2.44 | 2.46 | 2.60 | 2.55 | 2.38 | 2.62 |
| Quick ratioi | 0.93 | 1.03 | 0.99 | 0.95 | 0.82 | 0.75 |
| Debt / assetsi | 26.23 | 25.28 | 25.47 | 24.83 | 24.15 | 24.12 |
| LT debt / equityi | 50.82 | 49.08 | 48.90 | 47.96 | 46.58 | 45.85 |
| Interest coveragei | 7.28 | 6.29 | 6.42 | 7.31 | 8.77 | 17.15 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Metal Cutting is the largest reported line at 59.30% of revenue, across 2 reported segments.
- Infrastructure follows at 40.70%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Metal Cutting59.30%
Infrastructure40.70%
Region
United States43.19%
Germany12.64%
China9.31%
Other6.42%
India6.09%
Canada4.30%
Italy2.97%
France2.66%
Mexico2.48%
Quote time 2026-10-08 07:00:06 · For reference only, not investment advice and not tailored to your situation.