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Stock research / United States / KMT · Machine Tools, Metal Cutting Types · NYSE

Kennametal Inc. (KMT)

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Kennametal Inc. (KMT) reported revenue of $737 million for Q4 FY2026, the quarter ended 30 June 2026, up 42.6% on the same quarter a year earlier. Net income was $227 million, up 951.2% on the year, and diluted earnings per share $2.91. The figures are the company's own, from the 10-K it filed with the SEC on 12 August 2026.

Revenue$737 millionup 42.6%
Net income$227 millionup 951.2%
Diluted EPS$2.91
QuarterQ4 FY2026ended 30 June 2026

Kennametal (KMT) in brief

Kennametal (KMT) reported revenue of $2.4 billion for fiscal 2026, the year ended 30 June 2026, up 19.8% on the year before.
Read moreNet income was $342 million and diluted earnings per share $4.42. Revenue was $2.0 billion in fiscal 2025, $2.0 billion in fiscal 2024, $2.1 billion in fiscal 2023 and $2.0 billion in fiscal 2022. Net income in the same years was $93 million, $109 million, $118 million and $145 million. Revenue grew 5.1% a year, compounded, over the five years to fiscal 2026. Kennametal declared $0.80 a share in dividends over the last four quarters and had 76 million shares outstanding at the latest filed count. At 30 June 2026 it carried $685 million of debt and $96 million of cash. At the close of 9 October 2026 the market cap of Kennametal was $2.4 billion, 7.3 times its earnings over the last twelve months.

Ratios

From the filings

ROE21.8%
ROCE21.0%
Operating margin20.1%
Net margin14.5%
FCF margin-3.4%
Interest cover16.54
Debt to equity0.44
Cash conversion-0.01
Share count, 1 year0.3%
Sales CAGR, 3 years4.3%
Profit CAGR, 3 years42.4%
EPS, TTM$4.40

At the close of 9 October 2026

Price$31.92
Market cap$2.4 billion
Stock P/E7.25
Price to book1.55
EV / EBITDA4.91
Dividend yield2.5%
Market cap / sales1.03
52-week high$43.27
52-week low$20.45
Price, 1 year50.4%
Price CAGR, 3 years9.0%
Price CAGR, 5 years-1.7%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the one borrowings figure Kennametal Inc. files, which has finance leases inside it; operating leases are a separate line. Nothing here is a valuation or a view.
KMTgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on KMT

Filings24 in twelve months: 16 current reports (8-K), about 9 other events; 4 results of operations; 3 officer or director change; 3 material agreement; 3 new financial obligation
Planned insider sales9 Form 144 notices in twelve months, $5.8 million; latest 8 September 2026
Options tapeput/call 0.23 by open interest at the 9 October 2026 close; the straddle prices a 7.1% move to 16 October 2026
13F holders8 of the followed funds hold it; largest FMR LLC; 9 Schedule 13D or 13G filings in twelve months
Insider trading9 sales and 2 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest6.7 million shares short, 4.73 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026Q4 FY2026 *
Revenue492495516543482482486516498530593737
Cost of revenue330356363372331337330371343356385303
Gross profit163140153171151145156146155174208434
Gross margin33%28%30%32%31%30%32%28%31%33%35%59%
SG&An/an/an/an/a112109104106113116124126
Operating income45.128.535.261.436.031.744.131.437.652.779.4303
Operating margin9%6%7%11%7%7%9%6%8%10%13%41%
Interest expense6.66.86.86.26.36.26.26.26.26.16.310.0
Pre-tax income38.422.328.555.231.427.043.330.433.748.779.7299
Tax rate21%-9%27%31%25%29%24%24%27%28%23%23%
Net income30.123.119.037.222.117.931.521.623.333.958.2227
Net margin6%5%4%7%5%4%6%4%5%6%10%31%
Diluted EPS$0.37$0.29$0.24$0.47$0.28$0.23$0.41$0.28$0.30$0.44$0.75$2.91
Operating cash flow25.762.675.211445.755.228.878.617.555.1-2.9-73.7
Capital expenditure31.825.726.823.324.719.223.521.523.012.718.023.2
Free cash flow-6.136.948.490.321.035.95.357.1-5.542.4-20.9-96.9
Buybacks13.715.015.021.815.015.025.05.010.00.00.00.0
Dividends paid15.915.915.915.715.615.615.515.215.115.215.215.2
Shares outstanding80m79m79m78m78m77m76m76m76m76m76m76m
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2015 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022 †FY2023FY2024FY2025FY2026TTM
Revenue2,6472,0982,0582,3682,3751,8851,8412,0122,0782,0471,9672,3572,357
Cost of revenue1,8411,4821,4131,5481,5441,3561,2891,3641,4321,4201,3691,3871,387
Gross profit806616645820831529552648646627598970970
Gross margin30.4%29.4%31.3%34.6%35.0%28.1%30.0%32.2%31.1%30.6%30.4%41.2%41.2%
Research and development45.139.438.038.939.038.739.542.143.144.244.443.2n/a
Selling, general and administrativen/an/an/an/an/an/an/an/an/a433431479479
Operating income-358-17594.829032922.3102218192170143473473
Operating margin-13.5%-8.3%4.6%12.3%13.8%1.2%5.5%10.8%9.3%8.3%7.3%20.1%20.1%
Interest expense31.527.828.830.133.035.246.425.928.526.524.928.628.6
Pre-tax income-388-19981.92753112.064.7207160144132461461
Income tax-16.725.329.970.063.47.06.256.536.330.833.3111111
Effective tax raten/an/a36.5%25.4%20.4%357.5%9.7%27.3%22.7%21.3%25.2%24.0%24.0%
Net income-374-22649.1200242-5.754.414511810993.1342342
Net margin-14.1%-10.8%2.4%8.5%10.2%-0.3%3.0%7.2%5.7%5.3%4.7%14.5%14.5%
Diluted EPS-$4.71-$2.83$0.61$2.42$2.90-$0.07$0.65$1.72$1.46$1.37$1.20$4.42$4.40
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2024FY2025FY2026Share
latest year
Metal Cutting1,2811,2201,39759.3%
Infrastructure76674795940.7%
Metal CuttingInfrastructure
2,047FY20241,967FY20252,357FY2026

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region

FY2024FY2025FY2026Share
latest year
United States8247951,01843.2%
Germany27926429812.6%
Other2212112349.9%
China1991902199.3%
India1151191436.1%
Canada10395.21014.3%
Italy68.658.670.13.0%
France55.753.862.72.7%
Mexico44.444.758.52.5%
ZA42.646.156.12.4%
Spain32.332.734.91.5%
United Kingdom32.032.032.61.4%
Brazil30.225.627.71.2%
United StatesGermanyOtherChinaIndiaCanadaItalyOther
2,047FY20241,967FY20252,357FY2026

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2015 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022 †FY2023FY2024FY2025FY2026TTM
Operating cash flow351222195277301224236-181258277208-4.0-4.0
Capital expenditure10111111817121224412796.994.410889.076.976.9
Free cash flow25011277.310688.2-20.4108-278164170119-80.9-80.9
Free cash flow margin9.5%5.3%3.8%4.5%3.7%-1.1%5.9%-13.8%7.9%8.3%6.1%-3.4%-3.4%
Cash from investing-84.6-47.9-113-157-201-218-123-94.9-89.2-109-61.8-71.3-71.3
Cash from financing-333-114-53.3247-471425-574-151-143-142-13431.631.6
Depreciation and amortisation132117108109112120126132134135136143143
Share-based compensation16.818.121.120.822.816.024.821.024.724.322.134.934.9
Buybacks0.30.30.20.20.20.20.285.549.365.660.110.110.1
Dividends paid57.063.764.165.165.766.366.766.664.563.461.960.860.8
Dividend per share$0.72$0.80$0.80$0.80$0.80$0.80$0.80$0.80$0.80$0.80$0.80$0.80n/a
Diluted shares, weighted79m80m81m83m83m83m84m84m81m80m78m77m78m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/a76m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2015 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022 †FY2023FY2024FY2025FY2026TTM
Funded by
Shareholders' equity1,3469641,0171,1941,3351,2301,3301,2531,2751,2501,2841,5701,570
Non-controlling interest29.631.535.436.039.538.938.638.738.738.740.743.643.6
Debt736694695592592594592594595596597685685
Operating lease liabilitiesn/an/an/an/a0.035.436.835.332.235.633.434.534.5
Other liabilities7326736681,1046891,139669653606584591833833
Total liabilities and equity2,8442,3632,4152,9262,6563,0382,6662,5742,5472,5042,5453,1673,167
Owned
Fixed assets8167317448249351,0381,0551,002969938920844844
Goodwill417298301302300271278264270272283279279
Intangible assets28720719117616113312010693.281.467.255.955.9
Cash and equivalents10516219155618260715485.610612814195.895.8
Receivables445371380401380238303295307303295408408
Inventory5764594885255725224765715585155381,1081,108
Other assets197135120140127229280250244267301375375
Total assets2,8442,3632,4152,9262,6563,0382,6662,5742,5472,5042,5453,1673,167
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded1.2%5.1%4.3%19.8%
Profit growth, compoundedn/a44.5%42.4%267.7%
Return on equity, average10.2%11.7%12.6%21.8%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Kennametal's revenue in fiscal 2026?

Kennametal (KMT) reported revenue of $2.4 billion for fiscal 2026, the year ended 30 June 2026, up 19.8% on the year before.

How much did Kennametal earn in fiscal 2026?

Net income was $342 million for fiscal 2026, and diluted earnings per share $4.42.

What is Kennametal's P/E ratio?

At the close of 9 October 2026, Kennametal traded at 7.3 times its earnings over the twelve months to 30 June 2026.

What is Kennametal's market cap?

The market cap of Kennametal was $2.4 billion at the close of 9 October 2026.

Does Kennametal pay a dividend?

Yes. Kennametal declared $0.80 a share in dividends over the four quarters to 30 June 2026.

Peers: Machinery

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Esab Corp. ESAB$4.2 billion23.976.8%12.1%9.7%0.940.6%
Brunswick Corp. BC$4.0 billionn/a-5.1%-0.4%10.5%1.252.8%
Standex International Corp. SXI$3.4 billion32.9613.9%21.7%12.8%0.690.5%
Veeco Instruments Inc. VECO$3.2 billion145.422.6%2.7%-2.5%0.25n/a
Kadant Inc. KAI$3.1 billion28.0110.7%15.0%12.5%0.500.5%
Dnow Inc. DNOW$2.8 billionn/an/an/a69.8%0.23n/a
Kennametal Inc. KMT$2.4 billion7.2521.8%20.1%19.8%0.442.5%
Hayward Holdings, Inc. HAYW$2.4 billion15.3210.1%21.1%7.8%0.590.0%
Innovex International, Inc. INVX$1.9 billion31.535.8%10.0%15.0%0.02n/a
Alamo Group Inc. ALG$1.8 billion18.298.5%8.9%4.1%0.220.8%
Enerpac Tool Group Corp. EPAC$1.8 billion19.7522.0%21.2%4.3%0.440.1%
Azenta, Inc. AZTA$1.7 billionn/a-8.1%-28.6%4.8%0.000.3%
All 60 in Machinery
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
ASML Holding N.V. ASML *$686.2 billion64.0049.0%34.6%15.6%0.22n/a
Lam Research Corp. LRCX$398.9 billion55.3558.3%35.3%26.0%0.300.3%
Caterpillar Inc. CAT$367.9 billion34.4555.9%17.5%18.4%1.440.7%
Deere & Co. DE$167.4 billion34.4917.4%13.4%8.0%2.281.0%
Eaton Corp. plc ETN$166.9 billion43.7118.9%n/a15.5%0.911.0%
Johnson Controls International plc JCI$96.0 billion27.3826.5%n/a6.8%0.621.0%
Illinois Tool Works Inc. ITW$75.2 billion23.94110.3%26.5%4.3%3.352.4%
Cummins Inc. CMI$72.0 billion26.7421.1%11.2%2.9%0.521.5%
Baker Hughes Co. BKR$56.3 billion18.2915.6%n/a0.4%0.82n/a
Carrier Global Corp. CARR$46.1 billion38.329.1%7.8%-1.6%0.771.2%
Ingersoll Rand Inc. IR$30.6 billion32.409.4%18.1%7.8%0.40n/a
TechnipFMC plc FTI$27.3 billion24.1535.9%16.0%9.9%0.120.3%
nVent Electric plc NVT$27.1 billion45.7515.0%17.1%46.2%0.370.5%
Dover Corp. DOV$25.4 billion22.7414.7%16.9%7.6%0.421.1%
Xylem Inc. XYL$24.0 billion24.459.8%14.5%4.5%0.281.6%
Curtiss Wright Corp. CW$18.9 billion35.3019.5%18.8%10.5%0.350.2%
Zebra Technologies Corp. ZBRA$18.3 billion35.4315.7%14.7%12.7%0.81n/a
Nordson Corp. NDSN$18.3 billion33.1717.0%26.9%7.0%0.531.0%
ITT Inc. ITT$18.0 billion39.488.8%14.4%28.1%0.620.7%
Idex Corp. IEX$17.3 billion33.7013.0%20.7%7.3%0.471.2%
RBC Bearings Inc. RBC$16.5 billion49.799.3%23.6%17.3%0.230.0%
Lincoln Electric Holdings Inc. LECO$14.2 billion26.1035.6%17.1%9.3%0.741.2%
CNH Industrial N.V. CNH$14.1 billion45.604.0%n/a0.6%3.332.2%
BWX Technologies, Inc. BWXT$13.2 billion37.2626.6%12.1%22.7%1.510.7%
Graco Inc. GGG$12.7 billion24.5921.1%28.1%4.6%0.011.4%
Lennox International Inc. LII$12.4 billion16.1160.8%19.7%-2.1%0.891.4%
Moog Inc. MOG.A$11.6 billion30.8717.0%13.3%15.6%0.410.3%
Regal Rexnord Corp. RRX$11.0 billion34.024.7%11.7%3.5%0.660.8%
Donaldson Co. Inc. DCI$10.1 billion22.5925.7%15.4%5.3%0.731.4%
Flowserve Corp. FLS$9.2 billion25.3416.4%8.5%-0.3%0.941.2%
Toro Co. TTC$9.1 billion25.6127.2%10.3%5.2%0.721.6%
SPX Technologies, Inc. SPXC$8.5 billion30.4811.9%16.2%20.6%0.260.4%
Pentair plc PNR$8.5 billion13.1817.4%20.3%-2.1%0.431.9%
Timken Co. TKR$8.1 billion31.498.1%10.5%5.5%0.641.2%
Zurn Elkay Water Solutions Corp. ZWS$7.7 billion28.7416.6%20.8%10.7%0.300.8%
Agco Corp. AGCO$7.2 billion14.3013.1%5.8%1.7%0.651.1%
Aaon, Inc. AAON$7.1 billion44.8415.8%11.0%53.5%0.430.5%
NOV Inc. NOV$6.8 billion72.941.5%5.1%-1.7%0.272.7%
Gates Industrial Corp. Ltd. GTES$6.8 billion18.9210.3%13.3%3.3%0.63n/a
Solaris Energy Infrastructure, Inc. SEI$6.0 billion95.536.1%24.3%70.5%1.780.6%
Weatherford International plc WFRD$5.6 billion15.3720.5%12.7%-7.2%0.811.3%
JBT Marel Corp. JBTM$5.6 billion29.194.3%7.3%44.9%0.380.4%
ACM Research, Inc. ACMR$5.1 billion33.998.1%13.3%27.3%0.13n/a
Middleby Corp. MIDD$4.8 billionn/a-21.3%16.5%8.4%0.88n/a
Cactus, Inc. WHD$4.5 billion54.2313.2%18.6%21.8%0.000.9%
Esab Corp. ESAB$4.2 billion23.976.8%12.1%9.7%0.940.6%
Brunswick Corp. BC$4.0 billionn/a-5.1%-0.4%10.5%1.252.8%
Standex International Corp. SXI$3.4 billion32.9613.9%21.7%12.8%0.690.5%
Veeco Instruments Inc. VECO$3.2 billion145.422.6%2.7%-2.5%0.25n/a
Kadant Inc. KAI$3.1 billion28.0110.7%15.0%12.5%0.500.5%
Dnow Inc. DNOW$2.8 billionn/an/an/a69.8%0.23n/a
Kennametal Inc. KMT$2.4 billion7.2521.8%20.1%19.8%0.442.5%
Hayward Holdings, Inc. HAYW$2.4 billion15.3210.1%21.1%7.8%0.590.0%
Innovex International, Inc. INVX$1.9 billion31.535.8%10.0%15.0%0.02n/a
Alamo Group Inc. ALG$1.8 billion18.298.5%8.9%4.1%0.220.8%
Enerpac Tool Group Corp. EPAC$1.8 billion19.7522.0%21.2%4.3%0.440.1%
Azenta, Inc. AZTA$1.7 billionn/a-8.1%-28.6%4.8%0.000.3%
Lindsay Corp. LNN$1.1 billion21.5511.1%9.9%-7.4%0.231.3%
Tennant Co. TNC$1.1 billion63.473.4%3.2%-2.9%0.671.8%
Astec Industries Inc. ASTE$890 million45.532.8%3.4%18.7%0.531.3%
No other company here shares its SEC industry code (Machine Tools, Metal Cutting Types); these are the names nearest in size in its wider industry, Machinery, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-K30 June 202612 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-Q31 December 20254 February 2026EDGAR
10-Q30 September 20255 November 2025EDGAR
10-K30 June 202512 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-Q31 December 20247 February 2025EDGAR
10-Q30 September 20246 November 2024EDGAR
10-K30 June 202412 August 2024EDGAR
10-Q31 March 202410 May 2024EDGAR

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