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Kennametal (KMT) Financials

Kennametal logo
$31.21 +0.83 (+2.75%)
Closing price 03:59 PM Eastern
Extended Trading
$31.24 +0.02 (+0.07%)
As of 07:34 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for Kennametal

Annual Income Statements for Kennametal

This table shows Kennametal's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2024 6/30/2025 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 -226 49 200 242 -5.66 54 145 118 109 93 342
Consolidated Net Income / (Loss)		 -224 52 205 248 -5.05 58 150 123 114 99 350
Net Income / (Loss) Continuing Operations		 -224 52 205 248 7.99 58 150 123 114 99 350
Total Pre-Tax Income 		-199 82 275 311 1.96 65 207 160 144 132 461
Total Operating Income		 -43 95 290 329 22 102 218 192 170 145 473
Total Gross Profit		 616 645 820 831 529 552 648 646 627 598 970
Total Revenue		 2,098 2,058 2,368 2,375 1,885 1,841 2,012 2,078 2,047 1,967 2,357
Operating Revenue		 2,098 2,058 2,368 2,375 1,885 1,841 2,012 2,078 2,047 1,967 2,357
Total Cost of Revenue		 1,482 1,413 1,548 1,544 1,356 1,289 1,364 1,432 1,420 1,369 1,387
Operating Cost of Revenue		 1,482 1,413 1,548 1,544 1,356 1,289 1,364 1,432 1,420 1,369 1,387
Total Operating Expenses		 660 550 530 503 494 450 431 454 457 453 497
Selling, General & Admin Expense		 495 469 - - 388 407 419 437 433 431 479
Amortization Expense		 21 17 15 14 14 14 13 13 12 11 9.52
Restructuring Charge		 144 65 12 14 68 29 -1.24 4.11 12 12 8.91
Total Other Income / (Expense), net		 -155 -13 -15 -18 -20 -38 -10 -33 -26 -13 -11
Interest Expense		 28 29 30 33 35 46 26 28 26 25 29
Other Income / (Expense), net		 -127 16 15 15 15 8.87 16 -4.30 0.70 12 17
Income Tax Expense		 25 30 70 63 7.01 6.24 57 36 31 33 111
Net Income / (Loss) Attributable to Noncontrolling Interest		 2.08 2.84 4.88 5.95 0.61 3.98 5.58 4.91 4.32 5.58 8.03
Basic Earnings per Share		 ($2.83) $0.61 $2.45 $2.94 ($0.07) $0.65 $1.74 $1.47 $1.38 $1.21 $4.49
Weighted Average Basic Shares Outstanding		 79.84M 80.35M 81.54M 82.38M 83.05M 83.60M 83.25M 80.80M 79.39M 77.26M 76.22M
Diluted Earnings per Share		 ($2.83) $0.61 $2.42 $2.90 ($0.07) $0.65 $1.72 $1.46 $1.37 $1.20 $4.42
Weighted Average Diluted Shares Outstanding		 79.84M 81.17M 82.75M 83.29M 83.05M 84.33M 83.94M 81.40M 79.97M 77.89M 77.42M
Weighted Average Basic & Diluted Shares Outstanding		 79.80M 80.60M 81.70M 82.46M 82.93M 83.62M 81.34M 79.71M 77.90M 76.02M 76.22M

Quarterly Income Statements for Kennametal

This table shows Kennametal's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 23 19 37 22 18 31 22 23 34 58 227
Consolidated Net Income / (Loss)		 24 21 38 23 19 33 23 25 35 61 229
Net Income / (Loss) Continuing Operations		 24 21 38 23 19 33 23 25 35 61 229
Total Pre-Tax Income 		22 29 55 31 27 43 30 34 49 80 299
Total Operating Income		 28 35 61 36 32 44 31 38 53 79 303
Total Gross Profit		 140 153 171 151 145 156 146 155 174 208 434
Total Revenue		 495 516 543 482 482 486 516 498 530 593 737
Operating Revenue		 495 516 543 482 482 486 516 498 530 593 737
Total Cost of Revenue		 356 363 372 331 337 330 371 343 356 385 303
Operating Cost of Revenue		 356 363 372 331 337 330 371 343 356 385 303
Total Operating Expenses		 111 118 110 115 113 112 113 117 121 129 131
Selling, General & Admin Expense		 107 109 105 112 109 104 106 113 116 124 126
Amortization Expense		 2.74 2.89 2.88 2.72 2.72 2.70 2.65 2.37 2.38 2.39 2.38
Restructuring Charge		 1.03 6.47 1.57 0.61 1.34 5.59 4.28 1.59 2.53 2.12 2.68
Total Other Income / (Expense), net		 -6.16 -6.70 -6.22 -4.66 -4.70 -0.76 -2.51 -3.86 -3.99 0.28 -3.63
Interest Expense		 6.85 6.78 6.25 6.31 6.18 6.21 6.23 6.19 6.09 6.26 10
Other Income / (Expense), net		 0.69 0.08 0.03 1.66 1.48 5.45 3.71 2.32 2.10 6.55 6.39
Income Tax Expense		 -2.01 7.82 17 7.91 7.93 10 7.24 9.06 13 19 70
Net Income / (Loss) Attributable to Noncontrolling Interest		 1.22 1.73 1.05 1.34 1.11 1.60 1.53 1.33 1.31 2.89 2.49
Basic Earnings per Share		 $0.29 $0.24 $0.47 $0.28 $0.23 $0.41 $0.29 $0.31 $0.44 $0.76 $2.98
Weighted Average Basic Shares Outstanding		 79.70M 79.23M 79.39M 78.07M 77.72M 77.04M 77.26M 76.13M 76.19M 76.26M 76.22M
Diluted Earnings per Share		 $0.29 $0.24 $0.47 $0.28 $0.23 $0.41 $0.28 $0.30 $0.44 $0.75 $2.93
Weighted Average Diluted Shares Outstanding		 80.11M 79.85M 79.97M 78.66M 78.38M 77.65M 77.89M 76.83M 77.08M 77.76M 77.42M
Weighted Average Basic & Diluted Shares Outstanding		 79.27M 78.67M 77.90M 77.73M 77.36M 76.23M 76.02M 76.09M 76.20M 76.21M 76.22M

Annual Cash Flow Statements for Kennametal

This table details how cash moves in and out of Kennametal's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2024 6/30/2025 6/30/2026
Net Change in Cash & Equivalents		 56 29 366 -374 412 -453 -68 20 22 13 -45
Net Cash From Operating Activities		 222 195 277 301 224 236 -181 258 277 208 -4.01
Net Cash From Continuing Operating Activities		 222 195 277 301 211 236 187 258 277 208 -4.01
Net Income / (Loss) Continuing Operations		 -224 52 205 248 -5.05 58 150 123 114 99 350
Consolidated Net Income / (Loss)		 -224 52 205 248 -5.05 58 150 123 114 99 350
Depreciation Expense		 97 91 94 98 106 112 119 121 123 126 134
Amortization Expense		 21 17 15 14 14 14 13 13 12 11 9.52
Non-Cash Adjustments To Reconcile Net Income		 262 23 25 25 46 46 22 36 38 25 52
Changes in Operating Assets and Liabilities, net		 67 13 -62 -85 50 4.49 -117 -35 -9.12 -52 -550
Net Cash From Investing Activities		 -48 -113 -157 -201 -218 -123 -95 -89 -109 -62 -71
Net Cash From Continuing Investing Activities		 -48 -113 -157 -201 -218 -123 -95 -89 -109 -62 -71
Purchase of Property, Plant & Equipment		 -111 -118 -171 -212 -244 -127 -97 -94 -108 -89 -77
Acquisitions		 - - - - - - 0.00 0.00 -4.01 0.00 0.00
Sale of Property, Plant & Equipment		 5.98 5.02 14 11 2.62 4.37 0.92 5.03 5.43 1.84 1.78
Divestitures		 56 - 0.00 0.00 24 0.00 1.00 0.00 0.00 19 0.00
Other Investing Activities, net		 0.66 0.25 -0.23 -0.38 -0.76 -0.05 0.06 0.13 -3.28 6.62 3.84
Net Cash From Financing Activities		 -114 -53 247 -471 425 -574 -151 -143 -142 -134 32
Net Cash From Continuing Financing Activities		 -114 -53 247 -471 425 -574 -151 -143 -142 -134 32
Repayment of Debt		 -101 -33 -1.82 -401 497 -816 -11 -23 -2.76 -4.89 -206
Repurchase of Common Equity		 -0.30 -0.24 -0.22 -0.21 -0.21 -0.20 -86 -49 -66 -60 -10
Payment of Dividends		 -62 -46 -47 -70 -72 -66 -73 -71 -73 -69 -69
Issuance of Debt		 50 25 296 0.16 0.00 298 19 - 0.00 0.00 317
Other Net Changes in Cash		 - - - - - - -4.23 -5.17 -3.99 -0.01 -1.08

Quarterly Cash Flow Statements for Kennametal

This table details how cash moves in and out of Kennametal's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents		 -4.36 1.38 37 -8.38 1.56 -24 43 -37 26 -22 -11
Net Cash From Operating Activities		 63 75 114 46 55 29 79 17 55 -2.93 -74
Net Cash From Continuing Operating Activities		 63 75 111 46 55 29 79 17 55 -2.93 -74
Net Income / (Loss) Continuing Operations		 24 21 38 23 19 33 23 25 35 61 229
Consolidated Net Income / (Loss)		 24 21 38 23 19 33 23 25 35 61 229
Depreciation Expense		 30 31 32 31 31 31 32 33 32 36 33
Amortization Expense		 2.74 2.89 2.88 2.72 2.72 2.70 2.65 2.37 2.38 2.39 2.38
Non-Cash Adjustments To Reconcile Net Income		 13 15 -9.66 5.29 5.20 8.69 6.21 11 12 12 18
Changes in Operating Assets and Liabilities, net		 -7.16 6.30 47 -17 -3.09 -47 14 -53 -26 -114 -357
Net Cash From Investing Activities		 -28 -30 -23 -20 -17 -23 -1.77 -23 -11 -18 -20
Net Cash From Continuing Investing Activities		 -28 -30 -23 -20 -17 -23 -1.77 -23 -11 -18 -20
Purchase of Property, Plant & Equipment		 -26 -27 -23 -25 -19 -24 -21 -23 -13 -18 -23
Sale of Property, Plant & Equipment		 2.16 0.06 0.16 0.09 0.31 0.06 1.38 0.01 1.56 0.09 0.11
Other Investing Activities, net		 -0.14 -3.01 -0.15 4.70 2.27 0.02 -0.38 0.26 0.07 0.06 3.44
Net Cash From Financing Activities		 -40 -42 -53 -36 -32 -30 -36 -31 -19 -0.56 82
Net Cash From Continuing Financing Activities		 -40 -42 -53 -36 -32 -30 -36 -31 -19 -0.56 82
Repayment of Debt		 -5.77 1.82 -6.03 0.03 -0.63 0.63 -4.92 0.42 -1.85 -0.39 -205
Repurchase of Common Equity		 -15 -15 -22 -15 -15 -25 -5.04 -10 -0.04 - -0.04
Payment of Dividends		 -17 -16 -18 -21 -16 -16 -16 -21 -17 -15 -15
Issuance of Debt		 -2.90 -13 - - - 10 - - - - 302
Other Net Changes in Cash		 1.18 -1.91 - 2.18 -5.26 0.93 2.14 -0.75 0.30 -1.14 0.52

Annual Balance Sheets for Kennametal

This table presents Kennametal's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2024 6/30/2025 6/30/2026
Total Assets		 2,363 2,415 2,926 2,656 3,038 2,666 2,574 2,547 2,504 2,545 3,167
Total Current Assets		 1,075 1,114 1,546 1,191 1,441 1,005 1,025 1,027 1,003 1,039 1,772
Cash & Equivalents		 162 191 556 182 607 - 86 106 128 141 96
Accounts Receivable		 371 380 401 380 238 303 295 307 303 295 408
Inventories, net		 459 488 525 572 522 476 571 558 515 538 1,108
Other Current Assets		 57 55 63 57 74 71 73 56 57 65 159
Plant, Property, & Equipment, net		 731 744 824 935 1,038 1,055 1,002 969 938 920 844
Plant, Property & Equipment, gross		 1,865 1,928 2,054 2,156 2,274 2,373 2,315 2,368 2,407 2,499 2,454
Accumulated Depreciation		 1,135 1,183 1,230 1,221 1,236 1,318 1,313 1,399 1,469 1,579 1,611
Total Noncurrent Assets		 557 557 555 531 559 606 547 551 563 586 551
Goodwill		 298 301 302 300 271 278 264 270 272 283 279
Intangible Assets		 207 191 176 161 133 120 106 93 81 67 56
Noncurrent Deferred & Refundable Income Taxes		 14 28 17 21 47 59 55 66 79 90 41
Employee Benefit Assets		 - 17 43 32 43 89 66 71 70 75 87
Other Noncurrent Operating Assets		 37 13 18 17 65 60 56 53 61 71 88
Total Liabilities & Shareholders' Equity		 2,363 2,415 2,926 2,656 3,038 2,666 2,574 2,547 2,504 2,545 3,167
Total Liabilities		 1,367 1,363 1,695 1,282 1,769 1,298 1,282 1,233 1,215 1,221 1,553
Total Current Liabilities		 427 461 887 462 898 437 486 434 416 422 677
Short-Term Debt		 1.90 0.93 400 - 500 8.37 21 0.69 1.38 0.98 32
Accounts Payable		 182 216 222 213 165 178 228 203 192 196 370
Accrued Expenses		 25 18 18 17 16 17 15 15 12 56 68
Current Deferred & Payable Income Tax Liabilities		 17 6.20 19 29 28 18 29 25 13 8.55 16
Other Current Liabilities		 152 153 151 143 158 172 151 149 157 161 191
Total Noncurrent Liabilities		 940 901 809 820 871 860 797 799 799 798 877
Long-Term Debt		 694 695 592 592 594 592 594 595 596 597 685
Noncurrent Deferred Revenue		 3.10 2.64 6.25 9.04 9.58 4.25 6.37 1.45 1.48 1.94 2.58
Noncurrent Deferred & Payable Income Tax Liabilities		 17 15 27 23 22 24 32 32 36 33 31
Noncurrent Employee Benefit Liabilities		 201 161 160 174 175 171 113 116 110 113 102
Other Noncurrent Operating Liabilities		 24 28 25 21 70 69 51 55 56 54 56
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 996 1,053 1,230 1,375 1,269 1,368 1,291 1,314 1,289 1,325 1,613
Total Preferred & Common Equity		 964 1,017 1,194 1,335 1,230 1,330 1,253 1,275 1,250 1,284 1,570
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 964 1,017 1,194 1,335 1,230 1,330 1,253 1,275 1,250 1,284 1,570
Common Stock		 536 575 614 632 642 667 596 565 514 469 486
Retained Earnings		 781 766 901 1,077 1,005 993 1,071 1,125 1,170 1,202 1,483
Accumulated Other Comprehensive Income / (Loss)		 -353 -324 -320 -374 -417 -330 -414 -414 -435 -387 -399
Noncontrolling Interest		 31 35 36 40 39 39 39 39 39 41 44

Quarterly Balance Sheets for Kennametal

This table presents Kennametal's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 12/31/2022 3/31/2023 9/30/2023 12/31/2023 3/31/2024 9/30/2024 12/31/2024 3/31/2025 9/30/2025 12/31/2025 3/31/2026
Total Assets		 2,579 2,604 2,513 2,544 2,519 2,522 2,436 2,491 2,519 2,596 2,731
Total Current Assets		 1,048 1,079 1,011 1,010 1,000 1,004 969 1,013 1,033 1,121 1,278
Cash & Equivalents		 77 93 95 91 92 120 121 97 103 129 107
Accounts Receivable		 291 314 289 291 303 282 254 291 288 288 334
Inventories, net		 606 595 570 571 548 543 537 556 565 622 747
Other Current Assets		 75 77 56 58 57 58 57 69 76 82 89
Plant, Property, & Equipment, net		 982 975 958 961 948 942 910 912 898 881 858
Plant, Property & Equipment, gross		 2,341 2,358 2,367 2,416 2,413 2,460 2,414 2,462 2,498 2,507 2,451
Accumulated Depreciation		 1,359 1,383 1,409 1,455 1,465 1,518 1,504 1,550 1,600 1,625 1,593
Total Noncurrent Assets		 549 550 544 573 571 576 557 565 588 593 595
Goodwill		 267 269 267 276 272 277 269 273 283 283 280
Intangible Assets		 99 97 90 88 84 79 76 73 65 63 60
Noncurrent Deferred & Refundable Income Taxes		 57 57 64 74 72 83 79 80 90 90 89
Other Noncurrent Operating Assets		 125 127 123 135 143 137 134 139 151 158 165
Total Liabilities & Shareholders' Equity		 2,579 2,604 2,513 2,544 2,519 2,522 2,436 2,491 2,519 2,596 2,731
Total Liabilities		 1,289 1,287 1,214 1,216 1,213 1,204 1,176 1,212 1,193 1,238 1,332
Total Current Liabilities		 494 489 420 414 413 398 382 416 397 439 536
Short-Term Debt		 79 64 31 23 12 1.43 1.37 13 1.41 1.43 17
Accounts Payable		 207 197 197 193 193 202 199 193 193 220 263
Accrued Expenses		 42 47 42 42 45 44 38 47 48 47 63
Current Deferred & Payable Income Tax Liabilities		 41 42 19 15 14 12 11 11 5.93 15 10
Other Current Liabilities		 126 139 130 141 149 139 134 153 148 156 183
Total Noncurrent Liabilities		 795 799 794 802 800 806 793 796 796 799 796
Long-Term Debt		 595 595 595 596 596 596 596 597 597 597 597
Noncurrent Deferred Revenue		 0.36 0.00 1.55 1.51 1.49 1.80 1.68 1.76 1.96 1.98 2.67
Noncurrent Deferred & Payable Income Tax Liabilities		 32 33 31 32 32 37 35 36 33 31 30
Noncurrent Employee Benefit Liabilities		 115 117 113 117 114 114 107 110 113 113 111
Other Noncurrent Operating Liabilities		 53 54 53 56 56 56 53 52 52 55 54
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,289 1,316 1,299 1,328 1,306 1,318 1,260 1,279 1,326 1,358 1,398
Total Preferred & Common Equity		 1,250 1,276 1,260 1,288 1,265 1,277 1,220 1,237 1,284 1,315 1,355
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 1,250 1,276 1,260 1,288 1,265 1,277 1,220 1,237 1,284 1,315 1,355
Common Stock		 574 571 553 543 534 501 491 471 461 468 477
Retained Earnings		 1,088 1,104 1,139 1,146 1,149 1,177 1,179 1,195 1,210 1,229 1,272
Accumulated Other Comprehensive Income / (Loss)		 -412 -399 -432 -401 -419 -401 -450 -429 -386 -382 -394
Noncontrolling Interest		 39 40 38 40 41 41 40 42 41 43 44

Annual Metrics And Ratios for Kennametal

This table displays calculated financial ratios and metrics derived from Kennametal's official financial filings.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2024 6/30/2025 6/30/2026
DEI Shares Outstanding		 - - - - - - - - - - 76,210,103.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 76,210,103.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 4.49
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -20.73% -1.91% 15.04% 0.31% -20.63% -2.33% 9.29% 3.27% -1.51% -3.91% 19.82%
EBITDA Growth		 76.23% 509.30% 89.49% 10.27% -65.60% 51.31% 53.81% -11.82% -5.13% -4.48% 115.74%
EBIT Growth		 52.04% 164.82% 175.59% 12.82% -89.22% 199.17% 110.43% -19.49% -9.14% -9.07% 212.16%
NOPAT Growth		 87.85% 297.65% 259.80% 21.01% -121.88% 261.09% 71.70% -6.17% -9.95% -20.08% 231.87%
Net Income Growth		 39.65% 123.22% 294.50% 20.88% -102.04% 1,257.46% 157.12% -17.87% -7.88% -13.14% 255.00%
EPS Growth		 39.92% 121.55% 296.72% 19.83% -102.41% 1,028.57% 164.62% -15.12% -6.16% -12.41% 268.33%
Operating Cash Flow Growth		 -36.69% -12.20% 41.96% 8.37% -25.55% 5.34% -176.99% 242.16% 7.43% -24.82% -101.92%
Free Cash Flow Firm Growth		 -19.58% -91.57% 161.24% 40.49% -120.12% 219.30% 343.82% 9.22% 8.45% -53.80% -211.91%
Invested Capital Growth		 -24.32% 1.39% 7.41% 7.16% -1.60% 3.31% 0.36% -0.94% -2.55% 1.36% 25.44%
Revenue Q/Q Growth		 -5.26% 2.17% 3.55% -1.74% -10.66% 8.03% 0.00% 0.00% -0.34% -1.35% 10.30%
EBITDA Q/Q Growth		 -34.17% 5.63% 16.21% -1.52% -29.67% 20.46% 179.94% 138.40% 3.15% -8.24% 76.66%
EBIT Q/Q Growth		 -5.84% 13.15% 22.82% -2.44% -64.50% 51.90% 0.00% 0.00% 4.41% -14.49% 127.12%
NOPAT Q/Q Growth		 -28.12% 206.96% 35.16% -2.52% -163.24% 188.68% 0.00% 0.00% -2.02% -14.84% 138.50%
Net Income Q/Q Growth		 -65.04% 230.95% 27.75% -2.78% -107.59% 320.08% 0.00% 0.00% 0.44% -13.28% 143.22%
EPS Q/Q Growth		 -63.58% 215.09% 27.37% -3.01% -108.97% 441.67% 0.00% 0.00% 0.74% -13.67% 149.72%
Operating Cash Flow Q/Q Growth		 -19.76% 22.18% 2.54% 8.54% -22.61% 8.67% -195.74% 273.95% -6.14% -14.40% -102.70%
Free Cash Flow Firm Q/Q Growth		 17.25% -64.96% 196.35% 14.41% -123.18% 14.15% 317.00% 8,981.33% -8.52% -47.03% -366.20%
Invested Capital Q/Q Growth		 -12.20% -1.52% -2.06% -3.24% -3.04% 0.05% -3.32% -4.14% -3.51% -0.49% 17.29%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 29.36% 31.33% 34.64% 35.01% 28.08% 30.00% 32.20% 31.11% 30.64% 30.41% 41.16%
EBITDA Margin		 -2.54% 10.61% 17.48% 19.21% 8.33% 12.90% 18.15% 15.50% 14.93% 14.84% 26.86%
Operating Margin		 -2.07% 4.60% 12.26% 13.85% 1.18% 5.55% 10.84% 9.26% 8.32% 7.28% 20.05%
EBIT Margin		 -8.14% 5.38% 12.89% 14.49% 1.97% 6.03% 11.61% 9.05% 8.35% 7.90% 20.79%
Profit (Net Income) Margin		 -10.67% 2.53% 8.66% 10.44% -0.27% 3.17% 7.46% 5.94% 5.55% 5.02% 14.87%
Tax Burden Percent		 112.75% 63.49% 74.56% 79.64% -257.50% 90.34% 72.65% 77.29% 78.67% 74.78% 75.96%
Interest Burden Percent		 116.25% 73.95% 90.14% 90.42% 5.28% 58.23% 88.48% 84.85% 84.51% 84.93% 94.17%
Effective Tax Rate		 0.00% 36.51% 25.44% 20.36% 357.50% 9.66% 27.35% 22.71% 21.33% 25.22% 24.04%
Return on Invested Capital (ROIC)		 -1.71% 3.91% 13.46% 15.18% -3.24% 5.17% 8.72% 8.20% 7.52% 6.05% 17.87%
ROIC Less NNEP Spread (ROIC-NNEP)		 -34.51% 2.32% 11.02% 11.86% 8.40% -2.09% 7.02% 3.23% 3.29% 4.25% 16.29%
Return on Net Nonoperating Assets (RNNOA)		 -17.17% 1.17% 4.51% 3.85% 2.85% -0.74% 2.58% 1.27% 1.21% 1.51% 5.98%
Return on Equity (ROE)		 -18.88% 5.08% 17.96% 19.03% -0.38% 4.43% 11.30% 9.47% 8.73% 7.55% 23.85%
Cash Return on Invested Capital (CROIC)		 25.97% 2.52% 6.31% 8.27% -1.62% 1.92% 8.36% 9.15% 10.10% 4.70% -4.70%
Operating Return on Assets (OROA)		 -6.55% 4.63% 11.43% 12.33% 1.30% 3.89% 8.92% 7.35% 6.77% 6.16% 17.15%
Return on Assets (ROA)		 -8.59% 2.18% 7.68% 8.88% -0.18% 2.05% 5.73% 4.82% 4.50% 3.91% 12.27%
Return on Common Equity (ROCE)		 -18.40% 4.91% 17.40% 18.48% -0.37% 4.30% 10.97% 9.19% 8.47% 7.32% 23.17%
Return on Equity Simple (ROE_SIMPLE)		 -23.22% 5.11% 17.17% 18.57% -0.41% 4.39% 11.99% 9.67% 9.09% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -30 60 216 262 -57 92 158 149 134 107 359
NOPAT Margin		 -1.45% 2.92% 9.14% 11.03% -3.04% 5.01% 7.88% 7.16% 6.54% 5.44% 15.23%
Net Nonoperating Expense Percent (NNEP)		 32.80% 1.58% 2.44% 3.32% -11.63% 7.25% 1.70% 4.97% 4.23% 1.79% 1.58%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - - 5.57% 15.40%
Cost of Revenue to Revenue		 70.64% 68.67% 65.36% 64.99% 71.92% 70.00% 67.80% 68.89% 69.36% 69.59% 58.84%
SG&A Expenses to Revenue		 23.59% 22.76% 0.00% 0.00% 20.60% 22.12% 20.83% 21.04% 21.16% 21.90% 20.32%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 31.43% 26.73% 22.38% 21.16% 26.21% 24.45% 21.41% 21.85% 22.32% 23.05% 21.11%
Earnings before Interest and Taxes (EBIT)		 -171 111 305 344 37 111 234 188 171 155 490
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -53 218 414 456 157 238 365 322 306 292 633
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.48 2.46 2.08 1.97 1.72 2.05 1.43 1.72 1.47 1.35 1.69
Price to Tangible Book Value (P/TBV)		 3.11 4.76 3.46 3.01 2.56 2.93 2.03 2.40 2.05 1.86 2.15
Price to Revenue (P/Rev)		 0.68 1.21 1.05 1.11 1.12 1.48 0.89 1.05 0.90 0.88 1.13
Price to Earnings (P/E)		 0.00 50.85 12.38 10.88 0.00 50.17 12.37 18.49 16.80 18.61 7.75
Dividend Yield		 4.47% 2.58% 2.63% 2.50% 3.14% 2.45% 3.69% 2.93% 3.43% 3.52% 2.30%
Earnings Yield		 0.00% 1.97% 8.08% 9.19% 0.00% 1.99% 8.08% 5.41% 5.95% 5.37% 12.90%
Enterprise Value to Invested Capital (EV/IC)		 1.30 1.96 1.77 1.73 1.50 1.77 1.29 1.51 1.33 1.25 1.49
Enterprise Value to Revenue (EV/Rev)		 0.95 1.48 1.25 1.30 1.40 1.75 1.17 1.31 1.15 1.13 1.41
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 13.92 7.13 6.76 16.82 13.54 6.45 8.44 7.67 7.64 5.24
Enterprise Value to EBIT (EV/EBIT)		 0.00 27.45 9.67 8.96 71.14 28.97 10.09 14.45 13.72 14.35 6.78
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 50.53 13.63 11.77 0.00 34.84 14.88 18.28 17.51 20.85 9.25
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.95 15.56 10.64 10.26 11.80 13.65 0.00 10.54 8.46 10.71 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 4.32 78.21 29.06 21.62 0.00 93.97 15.52 16.39 13.03 26.84 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.70 0.66 0.81 0.43 0.86 0.44 0.48 0.45 0.46 0.45 0.44
Long-Term Debt to Equity		 0.70 0.66 0.48 0.43 0.47 0.43 0.46 0.45 0.46 0.45 0.42
Financial Leverage		 0.50 0.50 0.41 0.32 0.34 0.35 0.37 0.39 0.37 0.35 0.37
Leverage Ratio		 2.20 2.33 2.34 2.14 2.15 2.16 1.97 1.97 1.94 1.93 1.94
Compound Leverage Factor		 2.56 1.73 2.11 1.94 0.11 1.26 1.74 1.67 1.64 1.64 1.83
Debt to Total Capital		 41.12% 39.80% 44.63% 30.12% 46.31% 30.50% 32.28% 31.20% 31.67% 31.09% 30.78%
Short-Term Debt to Total Capital		 0.11% 0.05% 18.01% 0.00% 21.17% 0.42% 1.11% 0.04% 0.07% 0.05% 1.38%
Long-Term Debt to Total Capital		 41.01% 39.75% 26.62% 30.12% 25.14% 30.08% 31.17% 31.16% 31.60% 31.04% 29.40%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 1.86% 2.02% 1.62% 2.01% 1.65% 1.96% 2.03% 2.03% 2.05% 2.12% 1.87%
Common Equity to Total Capital		 57.02% 58.18% 53.75% 67.87% 52.04% 67.54% 65.69% 66.78% 66.27% 66.79% 67.35%
Debt to EBITDA		 -13.03 3.19 2.40 1.30 6.97 2.53 1.68 1.85 1.95 2.05 1.13
Net Debt to EBITDA		 -10.01 2.31 1.05 0.90 3.11 1.88 1.45 1.52 1.54 1.57 0.98
Long-Term Debt to EBITDA		 -13.00 3.18 1.43 1.30 3.78 2.49 1.63 1.85 1.95 2.04 1.08
Debt to NOPAT		 -22.85 11.57 4.58 2.26 -19.10 6.51 3.88 4.01 4.46 5.59 2.00
Net Debt to NOPAT		 -17.54 8.40 2.01 1.57 -8.51 4.84 3.34 3.29 3.51 4.27 1.73
Long-Term Debt to NOPAT		 -22.79 11.55 2.73 2.26 -10.37 6.41 3.75 4.00 4.45 5.58 1.91
Altman Z-Score		 2.07 2.87 2.73 3.45 2.06 2.87 2.75 3.02 2.89 2.78 3.35
Noncontrolling Interest Sharing Ratio		 2.58% 3.26% 3.13% 2.90% 2.97% 2.94% 2.91% 2.97% 2.98% 3.04% 2.87%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 2.52 2.41 1.74 2.58 1.60 2.30 2.11 2.37 2.41 2.46 2.62
Quick Ratio		 1.25 1.24 1.08 1.22 0.94 0.69 0.78 0.95 1.04 1.03 0.75
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 461 39 102 143 -29 34 152 166 180 83 -94
Operating Cash Flow to CapEx		 212.47% 172.87% 177.03% 149.44% 92.63% 191.72% -189.00% 288.67% 271.31% 239.10% -5.33%
Free Cash Flow to Firm to Interest Expense		 16.61 1.35 3.37 4.32 -0.82 0.74 5.86 5.82 6.80 3.33 -3.30
Operating Cash Flow to Interest Expense		 8.02 6.77 9.22 9.11 6.36 5.08 -7.00 9.05 10.47 8.36 -0.14
Operating Cash Flow Less CapEx to Interest Expense		 4.24 2.86 4.01 3.01 -0.51 2.43 -10.71 5.92 6.61 4.86 -2.77
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.81 0.86 0.89 0.85 0.66 0.65 0.77 0.81 0.81 0.78 0.83
Accounts Receivable Turnover		 5.14 5.48 6.06 6.08 6.10 6.81 6.73 6.90 6.71 6.58 6.70
Inventory Turnover		 2.87 2.99 3.06 2.81 2.48 2.58 2.61 2.54 2.65 2.60 1.68
Fixed Asset Turnover		 2.71 2.79 3.02 2.70 1.91 1.76 1.96 2.11 2.15 2.12 2.67
Accounts Payable Turnover		 8.03 7.11 7.07 7.10 7.18 7.53 6.73 6.64 7.19 7.07 4.90
Days Sales Outstanding (DSO)		 70.99 66.62 60.25 60.02 59.81 53.61 54.26 52.92 54.40 55.51 54.50
Days Inventory Outstanding (DIO)		 127.34 122.21 119.46 129.69 147.26 141.42 140.06 143.84 137.83 140.38 216.71
Days Payable Outstanding (DPO)		 45.48 51.36 51.60 51.40 50.82 48.47 54.24 54.97 50.76 51.66 74.46
Cash Conversion Cycle (CCC)		 152.86 137.47 128.11 138.31 156.25 146.56 140.08 141.80 141.47 144.23 196.76
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,530 1,551 1,666 1,785 1,757 1,815 1,821 1,804 1,758 1,782 2,235
Invested Capital Turnover		 1.18 1.34 1.47 1.38 1.06 1.03 1.11 1.15 1.15 1.11 1.17
Increase / (Decrease) in Invested Capital		 -492 21 115 119 -29 58 6.58 -17 -46 24 453
Enterprise Value (EV)		 1,990 3,039 2,950 3,083 2,640 3,216 2,358 2,719 2,345 2,231 3,320
Market Capitalization		 1,425 2,499 2,479 2,633 2,114 2,731 1,789 2,190 1,837 1,733 2,654
Book Value per Share		 $12.10 $12.63 $14.63 $16.21 $14.83 $15.90 $15.16 $15.89 $15.89 $16.84 $20.60
Tangible Book Value per Share		 $5.76 $6.52 $8.77 $10.61 $9.97 $11.15 $10.68 $11.37 $11.40 $12.25 $16.20
Total Capital		 1,691 1,749 2,222 1,967 2,363 1,969 1,907 1,910 1,886 1,922 2,331
Total Debt		 695 696 992 592 1,094 600 616 596 597 598 717
Total Long-Term Debt		 694 695 592 592 594 592 594 595 596 597 685
Net Debt		 534 505 436 410 488 446 530 490 469 457 622
Capital Expenditures (CapEx)		 105 113 157 201 242 123 96 89 102 87 75
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 488 463 504 547 436 422 475 487 460 477 1,031
Debt-free Net Working Capital (DFNWC)		 650 653 1,060 729 1,043 576 560 594 588 618 1,127
Net Working Capital (NWC)		 648 652 660 729 543 567 539 593 587 617 1,095
Net Nonoperating Expense (NNE)		 193 8.18 11 14 -52 34 8.29 25 20 8.31 8.51
Net Nonoperating Obligations (NNO)		 534 498 436 410 488 446 530 490 469 457 622
Total Depreciation and Amortization (D&A)		 117 108 109 112 120 126 132 134 135 136 143
Debt-free, Cash-free Net Working Capital to Revenue		 23.27% 22.48% 21.27% 23.03% 23.15% 22.90% 23.59% 23.46% 22.47% 24.27% 43.77%
Debt-free Net Working Capital to Revenue		 30.97% 31.74% 44.76% 30.70% 55.33% 31.27% 27.84% 28.56% 28.73% 31.42% 47.83%
Net Working Capital to Revenue		 30.88% 31.70% 27.86% 30.70% 28.79% 30.81% 26.79% 28.53% 28.66% 31.37% 46.47%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($2.83) $0.61 $2.45 $2.94 ($0.07) $0.65 $1.74 $1.47 $1.38 $1.21 $4.49
Adjusted Weighted Average Basic Shares Outstanding		 79.84M 80.35M 81.54M 82.38M 83.05M 83.60M 83.25M 80.80M 79.39M 77.26M 76.22M
Adjusted Diluted Earnings per Share		 ($2.83) $0.61 $2.42 $2.90 ($0.07) $0.65 $1.72 $1.46 $1.37 $1.20 $4.42
Adjusted Weighted Average Diluted Shares Outstanding		 79.84M 81.17M 82.75M 83.29M 83.05M 84.33M 83.94M 81.40M 79.97M 77.89M 77.42M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 79.70M 80.67M 81.65M 82.46M 82.93M 83.62M 81.34M 79.71M 77.90M 76.02M 76.22M
Normalized Net Operating Profit after Tax (NOPAT)		 70 101 225 273 84 119 158 152 143 116 366
Normalized NOPAT Margin		 3.35% 4.93% 9.52% 11.50% 4.48% 6.44% 7.83% 7.31% 7.01% 5.89% 15.52%
Pre Tax Income Margin		 -9.46% 3.98% 11.62% 13.10% 0.10% 3.51% 10.27% 7.68% 7.06% 6.71% 19.58%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -6.16 3.84 10.14 10.43 1.06 2.39 9.02 6.60 6.46 6.23 17.15
NOPAT to Interest Expense		 -1.10 2.09 7.20 7.94 -1.63 1.99 6.12 5.22 5.06 4.29 12.57
EBIT Less CapEx to Interest Expense		 -9.93 -0.08 4.94 4.34 -5.81 -0.26 5.31 3.47 2.60 2.74 14.52
NOPAT Less CapEx to Interest Expense		 -4.87 -1.83 1.99 1.84 -8.50 -0.66 2.41 2.08 1.20 0.80 9.94
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 -27.86% 88.13% 22.98% 28.44% -1,421.97% 112.83% 48.92% 57.20% 64.60% 69.81% 19.67%
Augmented Payout Ratio		 -27.99% 88.59% 23.09% 28.52% -1,426.11% 113.17% 105.87% 97.15% 122.30% 130.72% 22.56%

Quarterly Metrics And Ratios for Kennametal

This table displays calculated financial ratios and metrics derived from Kennametal's official financial filings.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding		 - - - - - - - - - 76,198,792.00 76,210,103.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 76,198,792.00 76,210,103.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - 0.76 2.98
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -0.36% -3.78% -1.26% -2.14% -2.68% -5.70% -4.94% 3.33% 9.85% 21.83% 42.63%
EBITDA Growth		 -10.90% -19.53% 10.72% -9.29% 8.41% 21.27% -27.21% 5.17% 32.72% 48.91% 381.19%
EBIT Growth		 -16.44% -31.43% 13.30% -16.31% 13.64% 40.25% -42.89% 5.83% 65.21% 73.64% 745.20%
NOPAT Growth		 6.41% -35.53% -5.03% -24.42% -27.98% 31.62% -43.86% 1.88% 70.34% 80.94% 827.60%
Net Income Growth		 6.12% -37.37% 1.31% -22.73% -21.75% 59.74% -39.52% 4.96% 84.89% 84.76% 892.36%
EPS Growth		 7.41% -38.46% 2.17% -24.32% -20.69% 70.83% -40.43% 7.14% 91.30% 82.93% 946.43%
Operating Cash Flow Growth		 -1.04% 2.01% -13.75% 77.92% -11.89% -61.64% -30.84% -61.77% -0.06% -110.15% -193.76%
Free Cash Flow Firm Growth		 1,983.62% 106.26% 42.85% 103.41% 133.52% -24.15% -100.00% -95.19% -136.76% -183.43% -19,327.30%
Invested Capital Growth		 -1.58% -3.19% -2.55% -1.87% -6.44% -1.72% 1.36% 1.36% 5.20% 6.43% 25.44%
Revenue Q/Q Growth		 0.58% 4.13% 5.33% -11.29% 0.02% 0.90% 6.18% -3.58% 6.34% 11.91% 24.31%
EBITDA Q/Q Growth		 -21.12% 10.97% 40.20% -26.08% -5.74% 24.14% -15.85% 6.80% 18.95% 39.29% 177.79%
EBIT Q/Q Growth		 -35.23% 21.04% 73.99% -38.65% -12.05% 49.39% -29.15% 13.69% 37.30% 57.01% 259.72%
NOPAT Q/Q Growth		 -12.94% -17.61% 66.36% -36.66% -17.03% 50.56% -29.04% 14.94% 38.71% 59.93% 281.31%
Net Income Q/Q Growth		 -19.89% -14.87% 84.62% -38.63% -18.87% 73.78% -30.10% 6.52% 42.90% 73.66% 275.41%
EPS Q/Q Growth		 -21.62% -17.24% 95.83% -40.43% -17.86% 78.26% -31.71% 7.14% 46.67% 70.45% 290.67%
Operating Cash Flow Q/Q Growth		 143.46% 20.06% 51.22% -59.75% 20.57% -47.73% 172.61% -77.75% 215.20% -105.31% -2,419.28%
Free Cash Flow Firm Q/Q Growth		 103.39% 40.83% 3.48% -30.93% 131.99% -54.25% -100.00% 145,426.03% -1,872.44% -3.81% -307.98%
Invested Capital Q/Q Growth		 1.42% -1.85% -3.51% 2.16% -3.30% 3.10% -0.49% 2.17% 0.36% 4.31% 17.29%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 28.18% 29.71% 31.54% 31.33% 30.09% 32.15% 28.21% 31.04% 32.83% 35.10% 58.86%
EBITDA Margin		 12.51% 13.33% 17.74% 14.78% 13.93% 17.14% 13.58% 15.05% 16.83% 20.95% 46.82%
Operating Margin		 5.75% 6.83% 11.30% 7.48% 6.57% 9.06% 6.07% 7.54% 9.95% 13.40% 41.12%
EBIT Margin		 5.89% 6.84% 11.31% 7.82% 6.88% 10.18% 6.79% 8.01% 10.34% 14.51% 41.99%
Profit (Net Income) Margin		 4.91% 4.02% 7.04% 4.87% 3.95% 6.80% 4.48% 4.95% 6.65% 10.31% 31.15%
Tax Burden Percent		 109.00% 72.60% 69.29% 74.80% 70.60% 76.40% 76.15% 73.10% 72.32% 76.68% 76.68%
Interest Burden Percent		 76.52% 80.80% 89.83% 83.25% 81.35% 87.45% 86.57% 84.49% 88.88% 92.71% 96.76%
Effective Tax Rate		 -9.00% 27.40% 30.71% 25.20% 29.40% 23.60% 23.85% 26.90% 27.68% 23.32% 23.32%
Return on Invested Capital (ROIC)		 6.95% 5.50% 9.00% 6.28% 5.22% 7.64% 5.14% 6.05% 8.20% 11.88% 37.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 5.75% 4.60% 8.10% 5.59% 4.56% 7.53% 4.97% 5.47% 7.58% 11.92% 36.48%
Return on Net Nonoperating Assets (RNNOA)		 2.47% 1.90% 2.99% 2.16% 1.77% 2.99% 1.76% 2.01% 2.74% 4.54% 13.40%
Return on Equity (ROE)		 9.42% 7.40% 11.99% 8.44% 6.99% 10.63% 6.90% 8.06% 10.94% 16.42% 50.39%
Cash Return on Invested Capital (CROIC)		 9.64% 10.62% 10.10% 8.79% 13.19% 8.69% 4.70% 4.59% 1.85% 1.92% -4.70%
Operating Return on Assets (OROA)		 4.77% 5.49% 9.16% 6.33% 5.59% 8.10% 5.29% 6.30% 8.35% 11.87% 34.64%
Return on Assets (ROA)		 3.98% 3.22% 5.70% 3.94% 3.21% 5.41% 3.49% 3.89% 5.36% 8.44% 25.70%
Return on Common Equity (ROCE)		 9.13% 7.17% 11.63% 8.18% 6.78% 10.29% 6.69% 7.81% 10.59% 15.90% 48.95%
Return on Equity Simple (ROE_SIMPLE)		 9.75% 8.95% 0.00% 8.36% 8.32% 9.20% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 31 26 43 27 22 34 24 27 38 61 232
NOPAT Margin		 6.27% 4.96% 7.83% 5.59% 4.64% 6.92% 4.63% 5.51% 7.19% 10.28% 31.53%
Net Nonoperating Expense Percent (NNEP)		 1.19% 0.90% 0.90% 0.69% 0.66% 0.11% 0.16% 0.58% 0.61% -0.04% 0.52%
Return On Investment Capital (ROIC_SIMPLE)		 1.59% - - - 1.20% 1.78% 1.24% 1.43% 1.95% 3.03% 9.96%
Cost of Revenue to Revenue		 71.82% 70.29% 68.46% 68.67% 69.91% 67.85% 71.79% 68.96% 67.17% 64.90% 41.14%
SG&A Expenses to Revenue		 21.67% 21.07% 19.42% 23.17% 22.68% 21.38% 20.50% 22.70% 21.96% 20.93% 17.05%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 22.43% 22.88% 20.23% 23.86% 23.52% 23.09% 21.84% 23.49% 22.89% 21.69% 17.74%
Earnings before Interest and Taxes (EBIT)		 29 35 61 38 33 50 35 40 55 86 309
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 62 69 96 71 67 83 70 75 89 124 345
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.55 1.54 1.47 1.58 1.53 1.33 1.35 1.24 1.64 2.03 1.69
Price to Tangible Book Value (P/TBV)		 2.15 2.14 2.05 2.19 2.13 1.85 1.86 1.70 2.23 2.71 2.15
Price to Revenue (P/Rev)		 0.96 0.95 0.90 0.99 0.92 0.83 0.88 0.80 1.06 1.29 1.13
Price to Earnings (P/E)		 16.38 17.92 16.80 19.92 19.41 15.16 18.61 16.87 19.61 20.09 7.75
Dividend Yield		 3.20% 3.26% 3.43% 3.09% 3.33% 3.76% 3.52% 3.82% 2.82% 2.21% 2.30%
Earnings Yield		 6.11% 5.58% 5.95% 5.02% 5.15% 6.60% 5.37% 5.93% 5.10% 4.98% 12.90%
Enterprise Value to Invested Capital (EV/IC)		 1.38 1.37 1.33 1.41 1.37 1.23 1.25 1.17 1.46 1.73 1.49
Enterprise Value to Revenue (EV/Rev)		 1.23 1.22 1.15 1.25 1.18 1.10 1.13 1.07 1.32 1.55 1.41
Enterprise Value to EBITDA (EV/EBITDA)		 8.18 8.45 7.67 8.51 7.85 6.92 7.64 7.20 8.42 9.22 5.24
Enterprise Value to EBIT (EV/EBIT)		 14.23 15.29 13.72 15.52 14.23 12.11 14.35 13.50 14.92 15.32 6.78
Enterprise Value to NOPAT (EV/NOPAT)		 16.99 18.31 17.51 20.28 20.31 17.52 20.85 19.78 21.71 21.95 9.25
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.71 8.48 8.46 8.54 8.23 9.05 10.71 11.81 14.85 22.28 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 14.19 12.73 13.03 15.93 10.06 14.03 26.84 25.62 81.20 93.27 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.47 0.47 0.46 0.45 0.47 0.48 0.45 0.45 0.44 0.44 0.44
Long-Term Debt to Equity		 0.45 0.46 0.46 0.45 0.47 0.47 0.45 0.45 0.44 0.43 0.42
Financial Leverage		 0.43 0.41 0.37 0.39 0.39 0.40 0.35 0.37 0.36 0.38 0.37
Leverage Ratio		 1.96 1.95 1.94 1.92 1.92 1.94 1.93 1.91 1.92 1.95 1.94
Compound Leverage Factor		 1.50 1.58 1.74 1.60 1.57 1.69 1.67 1.61 1.71 1.81 1.88
Debt to Total Capital		 31.79% 31.77% 31.67% 31.20% 32.17% 32.26% 31.09% 31.10% 30.60% 30.52% 30.78%
Short-Term Debt to Total Capital		 1.20% 0.64% 0.07% 0.07% 0.07% 0.67% 0.05% 0.07% 0.07% 0.83% 1.38%
Long-Term Debt to Total Capital		 30.59% 31.13% 31.60% 31.12% 32.10% 31.60% 31.04% 31.03% 30.53% 29.68% 29.40%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 2.07% 2.16% 2.05% 2.13% 2.16% 2.23% 2.12% 2.15% 2.18% 2.17% 1.87%
Common Equity to Total Capital		 66.14% 66.07% 66.27% 66.67% 65.67% 65.51% 66.79% 66.75% 67.22% 67.32% 67.35%
Debt to EBITDA		 1.98 2.05 1.95 2.00 1.97 1.91 2.05 2.02 1.89 1.71 1.13
Net Debt to EBITDA		 1.69 1.74 1.54 1.60 1.57 1.61 1.57 1.67 1.48 1.42 0.98
Long-Term Debt to EBITDA		 1.90 2.01 1.95 2.00 1.96 1.88 2.04 2.02 1.88 1.67 1.08
Debt to NOPAT		 4.11 4.45 4.46 4.77 5.09 4.85 5.59 5.56 4.86 4.08 2.00
Net Debt to NOPAT		 3.51 3.78 3.51 3.82 4.06 4.07 4.27 4.60 3.81 3.37 1.73
Long-Term Debt to NOPAT		 3.95 4.36 4.45 4.76 5.08 4.75 5.58 5.55 4.85 3.97 1.91
Altman Z-Score		 2.75 2.74 2.74 2.80 2.80 2.64 2.62 2.61 2.88 3.10 3.16
Noncontrolling Interest Sharing Ratio		 3.03% 3.11% 2.98% 3.03% 3.11% 3.23% 3.04% 3.11% 3.16% 3.20% 2.87%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 2.44 2.42 2.41 2.52 2.53 2.44 2.46 2.60 2.55 2.38 2.62
Quick Ratio		 0.92 0.96 1.04 1.01 0.98 0.93 1.03 0.99 0.95 0.82 0.75
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 61 86 89 61 142 65 -0.00 2.94 -52 -54 -221
Operating Cash Flow to CapEx		 266.05% 281.56% 490.58% 185.54% 291.71% 122.76% 391.33% 76.14% 494.12% -16.35% -318.83%
Free Cash Flow to Firm to Interest Expense		 8.88 12.63 14.18 9.69 22.96 10.45 0.00 0.48 -8.57 -8.65 -22.05
Operating Cash Flow to Interest Expense		 9.14 11.09 18.19 7.25 8.92 4.64 12.63 2.83 9.05 -0.47 -7.35
Operating Cash Flow Less CapEx to Interest Expense		 5.71 7.15 14.48 3.34 5.87 0.86 9.40 -0.89 7.22 -3.32 -9.66
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.81 0.80 0.81 0.81 0.81 0.80 0.78 0.79 0.81 0.82 0.83
Accounts Receivable Turnover		 7.13 6.65 6.71 7.13 7.43 6.71 6.58 6.95 7.49 6.83 6.70
Inventory Turnover		 2.43 2.49 2.65 2.55 2.53 2.48 2.60 2.49 2.42 2.23 1.68
Fixed Asset Turnover		 2.14 2.14 2.15 2.14 2.16 2.14 2.12 2.16 2.27 2.41 2.67
Accounts Payable Turnover		 7.14 7.30 7.19 7.12 7.16 7.10 7.07 6.99 6.68 6.38 4.90
Days Sales Outstanding (DSO)		 51.17 54.85 54.40 51.18 49.14 54.41 55.51 52.51 48.75 53.42 54.50
Days Inventory Outstanding (DIO)		 150.37 146.62 137.83 143.03 144.11 147.02 140.38 146.48 151.04 163.54 216.71
Days Payable Outstanding (DPO)		 51.09 50.03 50.76 51.27 50.95 51.38 51.66 52.24 54.61 57.22 74.46
Cash Conversion Cycle (CCC)		 150.45 151.44 141.47 142.94 142.29 150.05 144.23 146.75 145.17 159.74 196.76
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,856 1,822 1,758 1,796 1,737 1,791 1,782 1,820 1,827 1,906 2,235
Invested Capital Turnover		 1.11 1.11 1.15 1.12 1.13 1.10 1.11 1.10 1.14 1.16 1.17
Increase / (Decrease) in Invested Capital		 -30 -60 -46 -34 -120 -31 24 25 90 115 453
Enterprise Value (EV)		 2,559 2,503 2,345 2,539 2,384 2,202 2,231 2,127 2,674 3,304 3,320
Market Capitalization		 1,991 1,946 1,837 2,020 1,867 1,648 1,733 1,591 2,162 2,753 2,654
Book Value per Share		 $16.18 $15.95 $15.89 $16.39 $15.70 $15.99 $16.84 $16.89 $17.28 $17.78 $20.60
Tangible Book Value per Share		 $11.61 $11.45 $11.40 $11.82 $11.26 $11.51 $12.25 $12.32 $12.74 $13.31 $16.20
Total Capital		 1,947 1,914 1,886 1,916 1,858 1,888 1,922 1,924 1,956 2,013 2,331
Total Debt		 619 608 597 598 598 609 598 598 599 614 717
Total Long-Term Debt		 596 596 596 596 596 597 597 597 597 597 685
Net Debt		 528 516 469 478 477 512 457 495 469 507 622
Capital Expenditures (CapEx)		 24 27 23 25 19 23 20 23 11 18 23
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 528 507 460 487 467 513 477 534 554 652 1,031
Debt-free Net Working Capital (DFNWC)		 619 599 588 607 588 610 618 637 683 759 1,127
Net Working Capital (NWC)		 596 587 587 605 587 598 617 636 682 742 1,095
Net Nonoperating Expense (NNE)		 6.71 4.86 4.31 3.48 3.32 0.58 0.76 2.82 2.89 -0.22 2.78
Net Nonoperating Obligations (NNO)		 528 516 469 478 477 512 457 495 469 507 622
Total Depreciation and Amortization (D&A)		 33 33 35 34 34 34 35 35 34 38 36
Debt-free, Cash-free Net Working Capital to Revenue		 25.47% 24.68% 22.47% 23.93% 23.07% 25.72% 24.27% 26.92% 27.29% 30.51% 43.77%
Debt-free Net Working Capital to Revenue		 29.85% 29.16% 28.73% 29.80% 29.06% 30.61% 31.42% 32.14% 33.66% 35.51% 47.83%
Net Working Capital to Revenue		 28.72% 28.57% 28.66% 29.73% 28.99% 29.98% 31.37% 32.07% 33.59% 34.73% 46.47%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.29 $0.24 $0.47 $0.28 $0.23 $0.41 $0.29 $0.31 $0.44 $0.76 $2.98
Adjusted Weighted Average Basic Shares Outstanding		 79.70M 79.23M 79.39M 78.07M 77.72M 77.04M 77.26M 76.13M 76.19M 76.26M 76.22M
Adjusted Diluted Earnings per Share		 $0.29 $0.24 $0.47 $0.28 $0.23 $0.41 $0.28 $0.30 $0.44 $0.75 $2.93
Adjusted Weighted Average Diluted Shares Outstanding		 80.11M 79.85M 79.97M 78.66M 78.38M 77.65M 77.89M 76.83M 77.08M 77.76M 77.42M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 79.27M 78.67M 77.90M 77.73M 77.36M 76.23M 76.02M 76.09M 76.20M 76.21M 76.22M
Normalized Net Operating Profit after Tax (NOPAT)		 21 30 44 27 23 38 27 29 40 63 234
Normalized NOPAT Margin		 4.17% 5.87% 8.03% 5.69% 4.83% 7.80% 5.26% 5.75% 7.54% 10.55% 31.81%
Pre Tax Income Margin		 4.51% 5.53% 10.16% 6.51% 5.59% 8.90% 5.88% 6.77% 9.19% 13.45% 40.63%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 4.26 5.21 9.83 5.97 5.36 7.97 5.64 6.45 8.99 13.73 30.86
NOPAT to Interest Expense		 4.53 3.77 6.81 4.27 3.62 5.42 3.84 4.44 6.25 9.72 23.17
EBIT Less CapEx to Interest Expense		 0.82 1.27 6.12 2.06 2.30 4.19 2.41 2.73 7.16 10.87 28.55
NOPAT Less CapEx to Interest Expense		 1.10 -0.16 3.10 0.36 0.56 1.64 0.61 0.73 4.42 6.87 20.87
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 57.49% 63.38% 64.60% 67.28% 70.08% 62.33% 69.81% 69.11% 59.99% 48.10% 19.67%
Augmented Payout Ratio		 95.72% 112.45% 122.30% 129.94% 136.01% 129.86% 130.72% 124.30% 94.57% 58.58% 22.56%

Financials Breakdown Chart

Key Financial Trends

Kennametal’s latest statements show a sharp improvement in reported profitability and revenue, but the company is also experiencing significant working-capital pressure and remains dependent on financing activity to support cash balances.

  • Revenue momentum strengthened. Quarterly revenue increased from $498.0 million in Q1 2026 to $736.6 million in Q4 2026. Q4 revenue was approximately 43% higher than the $516.4 million reported in Q4 2025.
  • Profitability expanded substantially in Q4 2026. Gross profit was $433.6 million, representing a 58.9% gross margin, while operating income reached $302.9 million, or a 41.1% operating margin. These figures were materially above Q3 2026 margins of 35.1% and 13.4%, respectively.
  • Earnings per share improved. Diluted EPS rose to $2.93 in Q4 2026 from $0.75 in Q3 2026 and $0.28 in Q4 2025. Weighted average diluted shares also declined from 81.4 million in Q4 2022 to 77.4 million in Q4 2026, supporting per-share results.
  • Shareholder distributions remained consistent. The quarterly common dividend was $0.20 per share throughout the reported periods, while common share repurchases have generally reduced the share count over the longer term.
  • Balance-sheet liquidity remained adequate on a current basis. At March 31, 2026, current assets of $1.28 billion exceeded current liabilities of $536.1 million by approximately 2.4 times.
  • Capital investment remains steady. Capital expenditures ranged from approximately $12.7 million to $23.2 million in fiscal 2026 quarters, indicating continued investment in property, plant and equipment, although these investments reduced free cash flow.
  • Restructuring costs continued but were relatively modest. Quarterly restructuring charges ranged from $1.6 million to $4.3 million across the reported periods, suggesting ongoing efficiency initiatives but also recurring implementation costs.
  • Operating cash flow deteriorated sharply late in fiscal 2026. Kennametal generated $55.1 million of operating cash flow in Q2 2026, but used $2.9 million in Q3 and $73.7 million in Q4. The Q4 outflow occurred despite $229.5 million of net income.
  • Working capital absorbed substantial cash. Changes in operating assets and liabilities reduced cash flow by $356.8 million in Q4 2026 and $114.1 million in Q3. Inventory increased to $747.3 million at March 31, 2026, up from $565.2 million at September 30, 2025, while accounts receivable reached $334.4 million.
  • Debt remains significant and Q4 cash generation relied on new borrowing. Total debt was approximately $614.1 million at March 31, 2026, compared with only $106.9 million of cash. In Q4, Kennametal issued $301.7 million of debt and repaid $204.5 million, contributing to positive financing cash flow even as cash declined by $11.1 million.

Overall, Kennametal’s income statement shows improving revenue, margins and per-share earnings, particularly in Q4 2026. However, the unusually strong Q4 profitability should be evaluated alongside the company’s negative operating cash flow, elevated inventory and reliance on debt issuance. Investors may want to monitor whether working capital normalizes and whether future earnings are converted into sustainable cash flow.

08/14/26 10:12 PM ETAI Generated. May Contain Errors.

Kennametal Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Kennametal's financial year ends in June. Their financial year 2026 ended on June 30, 2026.

Kennametal's net income appears to be on an upward trend, with a most recent value of $350.41 million in 2026, falling from -$223.88 million in 2016. The previous period was $98.71 million in 2025. See Kennametal's forecast for analyst expectations on what's next for the company.

Kennametal's total operating income in 2026 was $472.53 million, based on the following breakdown:
  • Total Gross Profit: $969.96 million
  • Total Operating Expenses: $497.42 million

Over the last 10 years, Kennametal's total revenue changed from $2.10 billion in 2016 to $2.36 billion in 2026, a change of 12.3%.

Kennametal's total liabilities were at $1.55 billion at the end of 2026, a 27.2% increase from 2025, and a 13.6% increase since 2016.

In the past 10 years, Kennametal's cash and equivalents has ranged from $0.00 in 2021 to $606.68 million in 2020, and is currently $95.79 million as of their latest financial filing in 2026.

Over the last 10 years, Kennametal's book value per share changed from 12.10 in 2016 to 20.60 in 2026, a change of 70.2%.


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Financial statements for NYSE:KMT last updated on 8/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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