KMT · Kennametal Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.97B | $2.05B | $2.08B | $2.01B | $1.84B | $1.89B |
| Cost of Revenue | $1.37B | $1.42B | $1.43B | $1.36B | $1.29B | $1.36B |
| Gross Profit | $598.07M | $627.09M | $646.44M | $647.98M | $552.48M | $529.47M |
| R&D | $44.40M | $44.20M | $43.10M | $42.10M | $39.50M | $38.70M |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $430.83M | $433.16M | $437.29M | $419.09M | $407.25M | $388.44M |
| D&A | $136.50M | $134.69M | $134.03M | $131.68M | $126.49M | $119.86M |
| Operating Income | $143.12M | $170.22M | $192.42M | $218.14M | $102.17M | $22.25M |
| Interest Expense | $24.93M | $26.47M | $28.50M | $25.91M | $46.38M | $35.15M |
| Income Tax | $33.30M | $30.81M | $36.26M | $56.53M | $6.24M | $7.01M |
| Net Income | $93.13M | $109.32M | $118.46M | $144.62M | $54.43M | ($5.66M) |
| EPS - Basic | $1.21 | $1.38 | $1.47 | $1.74 | $0.65 | ($0.07) |
| EPS - Diluted | $1.20 | $1.37 | $1.46 | $1.72 | $0.65 | ($0.07) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $140.54M | $127.97M | $106.02M | $85.59M | $154.05M | $606.68M |
| Accounts Receivable | $295.40M | $302.81M | $307.31M | $295.35M | $302.94M | $237.98M |
| Inventory | $538.24M | $514.63M | $557.63M | $570.84M | $476.35M | $522.45M |
| Accounts Payable | $195.93M | $191.54M | $203.34M | $227.89M | $177.66M | $164.64M |
| Current Assets | $1.04B | $1.00B | $1.03B | $1.02B | $1.00B | $1.44B |
| Total Assets | $2.55B | $2.50B | $2.55B | $2.57B | $2.67B | $3.04B |
| Current Liabilities | $422.33M | $415.96M | $433.98M | $485.65M | $437.39M | $898.08M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $1.22B | $1.22B | $1.23B | $1.28B | $1.30B | $1.77B |
| Stockholders' Equity | $1.28B | $1.25B | $1.28B | $1.25B | $1.33B | $1.23B |
| Retained Earnings | $1.20B | $1.17B | $1.12B | $1.07B | $992.60M | $1.00B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $208.32M | $277.11M | $257.94M | $181.44M | $235.68M | $223.74M |
| Investing Cash Flow | ($61.83M) | ($109.43M) | ($89.23M) | ($94.94M) | ($122.98M) | ($218.34M) |
| Financing Cash Flow | ($133.92M) | ($141.75M) | ($143.11M) | ($150.74M) | ($574.25M) | $425.45M |
| CapEx | $88.97M | $107.56M | $94.39M | $96.92M | $127.30M | $244.15M |
| Free Cash Flow | $119.35M | $169.55M | $163.56M | $84.52M | $108.38M | ($20.41M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 30.4% | 30.6% | 31.1% | 32.2% | 30.0% | 28.1% |
| Operating margin | 7.3% | 8.3% | 9.3% | 10.8% | 5.5% | 1.2% |
| EBITDA margin | 14.2% | 14.9% | 15.7% | 17.4% | 12.4% | 7.5% |
| Net margin | 4.7% | 5.3% | 5.7% | 7.2% | 3.0% | -0.3% |
| Free cash flow margin | 6.1% | 8.3% | 7.9% | 4.2% | 5.9% | -1.1% |
| FCF / Net income | 1.28 | 1.55 | 1.38 | 0.58 | 1.99 | 3.61 |
| R&D / Revenue | 2.3% | 2.2% | 2.1% | 2.1% | 2.1% | 2.1% |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 26.3% | 22.0% | 23.4% | 28.1% | 10.3% | 520.6% |
| Return on assets | 3.7% | 4.4% | 4.7% | 5.6% | 2.0% | -0.2% |
| Return on equity | 7.3% | 8.7% | 9.3% | 11.5% | 4.1% | -0.5% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 2.46 | 2.41 | 2.37 | 2.11 | 2.30 | 1.60 |
| Quick ratio | 1.19 | 1.17 | 1.08 | 0.93 | 1.21 | 1.02 |
| Cash ratio | 0.33 | 0.31 | 0.24 | 0.18 | 0.35 | 0.68 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 5.7x | 6.4x | 6.8x | 8.4x | 2.2x | 0.6x |
| Equity multiplier | 1.98 | 2.00 | 2.00 | 2.05 | 2.00 | 2.47 |
| Liabilities / Assets | 0.48 | 0.49 | 0.48 | 0.50 | 0.49 | 0.58 |
| Efficiency | ||||||
| Asset turnover | 0.77 | 0.82 | 0.82 | 0.78 | 0.69 | 0.62 |
| Inventory turnover | 2.54 | 2.76 | 2.57 | 2.39 | 2.71 | 2.60 |
| Days sales outstanding | 55d | 54d | 54d | 54d | 60d | 46d |
| Days inventory outstanding | 144d | 132d | 142d | 153d | 135d | 141d |
| Days payable outstanding | 52d | 49d | 52d | 61d | 50d | 44d |
| Cash conversion cycle | 146d | 137d | 144d | 145d | 145d | 142d |
| Valuation | ||||||
| P / E | 19.1x | 17.2x | 19.4x | 13.5x | 55.3x | - |
| P / B | 1.4x | 1.5x | 1.8x | 1.6x | 2.3x | 1.9x |
| P / S | 0.9x | 0.9x | 1.1x | 1.0x | 1.6x | 1.3x |
| EV / EBITDA | 5.9x | 5.8x | 6.8x | 5.3x | 12.6x | 12.5x |
| Growth | ||||||
| Revenue growth (YoY) | -3.9% | -1.5% | 3.3% | 9.3% | -2.3% | -20.6% |
| Revenue CAGR (3y) | -0.8% | 3.6% | 3.3% | -5.4% | -8.0% | -2.9% |
| Revenue CAGR (5y) | 0.9% | -2.9% | -2.6% | -0.5% | -2.6% | -6.6% |
| Gross profit growth (YoY) | -4.6% | -3.0% | -0.2% | 17.3% | 4.3% | -36.3% |
| Operating income growth (YoY) | -15.9% | -11.5% | -11.8% | 113.5% | 359.1% | -93.2% |
| Net income growth (YoY) | -14.8% | -7.7% | -18.1% | 165.7% | - | - |
| EPS growth (YoY) | -12.4% | -6.2% | -15.1% | 164.6% | - | - |
| EPS CAGR (3y) | -11.3% | 28.2% | - | -16.0% | -35.5% | - |
| EPS CAGR (5y) | - | -13.9% | -9.6% | 23.0% | - | - |
| FCF growth (YoY) | -29.6% | 3.7% | 93.5% | -22.0% | - | - |
| FCF CAGR (5y) | - | 14.0% | 9.0% | 2.6% | -0.0% | - |
| Book value growth (YoY) | 2.7% | -2.0% | 1.8% | -5.8% | 8.1% | -7.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Business segments
$1.97B totalMetal Cutting$1.22B · 62.0%
Infrastructure$747.16M · 38.0%
Geographic
$1.97B totalUS$794.58M · 40.4%
DE$263.82M · 13.4%
Other Geographical Segment$210.87M · 10.7%
CN$189.57M · 9.6%
IN$119.39M · 6.1%
CA$95.17M · 4.8%
IT$58.57M · 3.0%
FR$53.82M · 2.7%
ZA$46.15M · 2.3%
MX$44.67M · 2.3%
ES$32.67M · 1.7%
GB$31.97M · 1.6%
BR$25.59M · 1.3%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.96
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Dividends
$0.80/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 12, 2026 | $0.2000 |
| Feb 10, 2026 | $0.2000 |
| Nov 10, 2025 | $0.2000 |
| Aug 12, 2025 | $0.2000 |
| May 13, 2025 | $0.2000 |
| Feb 11, 2025 | $0.2000 |
| Nov 12, 2024 | $0.2000 |
| Aug 13, 2024 | $0.2000 |
| May 13, 2024 | $0.2000 |
| Feb 12, 2024 | $0.2000 |
| Nov 6, 2023 | $0.2000 |
| Aug 7, 2023 | $0.2000 |
| May 8, 2023 | $0.2000 |
| Feb 13, 2023 | $0.2000 |
| Nov 7, 2022 | $0.2000 |
| Aug 8, 2022 | $0.2000 |
| May 9, 2022 | $0.2000 |
| Feb 14, 2022 | $0.2000 |
| Nov 8, 2021 | $0.2000 |
| Aug 9, 2021 | $0.2000 |
| May 10, 2021 | $0.2000 |
| Feb 8, 2021 | $0.2000 |
| Nov 9, 2020 | $0.2000 |
| Aug 10, 2020 | $0.2000 |