Kennametal (KMT)

NYSE Industrials Industrial Machinery & Supplies & Components S&P SmallCap 600

$23.00

-0.22 (-0.95%)

Close of Nov 06, 2026 · end-of-day data

Source: Kennametal's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$2.06B	$2.37B	$2.38B	$1.89B	$1.84B	$2.01B	$2.08B	$2.05B	$1.97B	$2.36B
Cost of revenue	$1.41B	$1.55B	$1.54B	$1.36B	$1.29B	$1.36B	$1.43B	$1.42B	$1.37B	$1.39B
Gross profit	$644.92M	$820.12M	$831.50M	$529.47M	$552.48M	$647.98M	$646.44M	$627.09M	$598.07M	$969.96M
Research & development	$38.00M	$38.90M	$39.00M	$38.70M	$39.50M	$42.10M	$43.10M	$44.20M	$44.40M	$43.20M
Selling, general & admin	—	—	—	—	—	—	—	$433.16M	$430.83M	$478.99M
Operating income	$94.75M	$290.30M	$328.85M	$22.25M	$102.17M	$218.14M	$192.42M	$170.22M	$143.12M	$472.53M
Interest expense	$28.84M	$30.08M	$32.99M	$35.15M	$46.38M	$25.91M	$28.50M	$26.47M	$24.93M	$28.56M
Pre-tax income	$81.88M	$275.04M	$311.24M	$1.96M	$64.66M	$206.73M	$159.62M	$144.45M	$132.00M	$461.33M
Income tax	$29.89M	$69.98M	$63.36M	$7.01M	$6.24M	$56.53M	$36.26M	$30.81M	$33.30M	$110.92M
Net income	$49.14M	$200.18M	$241.93M	-$5.66M	$54.43M	$144.62M	$118.46M	$109.32M	$93.12M	$342.39M
EBITDA	$202.41M	$398.98M	$440.90M	$142.11M	$228.66M	$349.82M	$326.44M	$304.91M	$279.62M	$615.69M
EPS (basic)	$0.61	$2.45	$2.94	$-0.07	$0.65	$1.74	$1.47	$1.38	$1.21	$4.49
EPS (diluted)	$0.61	$2.42	$2.90	$-0.07	$0.65	$1.72	$1.46	$1.37	$1.20	$4.42
Diluted shares	81.17M	82.75M	83.29M	83.05M	84.33M	83.94M	81.40M	79.97M	77.89M	77.42M
Gross margin	31.3%	34.6%	35.0%	28.1%	30.0%	32.2%	31.1%	30.6%	30.4%	41.2%
Operating margin	4.6%	12.3%	13.8%	1.2%	5.5%	10.8%	9.3%	8.3%	7.3%	20.1%
Net margin	2.4%	8.5%	10.2%	-0.3%	3.0%	7.2%	5.7%	5.3%	4.7%	14.5%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$190.63M	$556.15M	$182.01M	$606.68M	$154.05M	$85.59M	$106.02M	$127.97M	$140.54M	$95.79M
Receivables	$380.43M	$401.29M	$379.86M	$237.98M	$302.94M	$295.35M	$307.31M	$302.81M	$295.40M	$408.44M
Inventory	$487.68M	$525.47M	$571.58M	$522.45M	$476.35M	$570.84M	$557.63M	$514.63M	$538.24M	$1.11B
Total current assets	$1.11B	$1.55B	$1.19B	$1.44B	$1.00B	$1.02B	$1.03B	$1.00B	$1.04B	$1.77B
Goodwill	$301.37M	$301.80M	$300.01M	$270.58M	$277.62M	$264.23M	$269.55M	$271.57M	$282.73M	$279.21M
Total assets	$2.42B	$2.93B	$2.66B	$3.04B	$2.67B	$2.57B	$2.55B	$2.50B	$2.55B	$3.17B
Total current liabilities	$461.48M	$886.53M	$461.73M	$898.08M	$437.39M	$485.65M	$433.98M	$415.96M	$422.33M	$676.71M
Short-term debt	$0	$399.27M	$0	—	—	—	—	—	—	—
Long-term debt	$694.99M	$591.50M	$592.47M	$594.08M	$592.11M	$594.36M	$595.17M	$595.98M	$596.79M	$685.28M
Total debt	$694.99M	$990.77M	$592.47M	$594.08M	$592.11M	$594.36M	$595.17M	$595.98M	$596.79M	$685.28M
Total liabilities	$1.36B	$1.70B	$1.28B	$1.77B	$1.30B	$1.28B	$1.23B	$1.22B	$1.22B	$1.55B
Shareholders' equity	$1.02B	$1.19B	$1.34B	$1.23B	$1.33B	$1.25B	$1.28B	$1.25B	$1.28B	$1.57B

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$195.34M	$277.30M	$300.52M	$223.74M	$235.68M	-$181.44M	$257.94M	$277.11M	$208.32M	-$4.01M
Capital expenditures	$118.02M	$171.00M	$212.34M	$244.15M	$127.30M	$96.92M	$94.39M	$107.56M	$88.97M	$76.91M
Free cash flow	$77.32M	$106.30M	$88.18M	-$20.41M	$108.38M	-$278.37M	$163.56M	$169.55M	$119.35M	-$80.91M
Investing cash flow	-$112.75M	-$156.87M	-$201.48M	-$218.34M	-$122.98M	-$94.94M	-$89.23M	-$109.43M	-$61.83M	-$71.30M
Financing cash flow	-$53.28M	$247.20M	-$471.43M	$425.45M	-$574.25M	-$150.74M	-$143.11M	-$141.75M	-$133.92M	$31.63M
Dividends paid	$64.13M	$65.10M	$65.75M	$66.30M	$66.73M	$66.56M	$64.52M	$63.43M	$61.85M	$60.85M
Share buybacks	$241.00K	$217.00K	$214.00K	$209.00K	$197.00K	$85.54M	$49.29M	$65.57M	$60.12M	$10.11M
Stock-based compensation	$21.07M	$20.83M	$22.84M	$16.05M	$24.80M	$20.98M	$24.66M	$24.34M	$22.11M	$34.85M
Depreciation & amortization	$107.66M	$108.68M	$112.05M	$119.86M	$126.49M	$131.68M	$134.03M	$134.69M	$136.50M	$143.16M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$495.32M	$515.79M	$543.31M	$481.95M	$482.05M	$486.40M	$516.45M	$497.97M	$529.52M	$592.59M	$736.61M	$768.19M
Cost of revenue	$355.72M	$362.53M	$371.97M	$330.94M	$337.02M	$330.03M	$370.78M	$343.42M	$355.66M	$384.61M	$303.06M	$254.62M
Gross profit	$139.60M	$153.26M	$171.34M	$151.01M	$145.03M	$156.37M	$145.66M	$154.55M	$173.87M	$207.98M	$433.56M	$513.57M
Selling, general & admin	—	—	—	$111.65M	$109.31M	$104.01M	$105.86M	$113.03M	$116.30M	$124.05M	$125.62M	$126.81M
Operating income	$28.48M	$35.23M	$61.40M	$36.03M	$31.67M	$44.06M	$31.37M	$37.56M	$52.66M	$79.43M	$302.88M	$379.25M
Interest expense	$6.85M	$6.78M	$6.25M	$6.31M	$6.18M	$6.21M	$6.22M	$6.19M	$6.09M	$6.26M	$10.02M	$11.47M
Pre-tax income	$22.32M	$28.53M	$55.18M	$31.37M	$26.96M	$43.30M	$30.37M	$33.70M	$48.67M	$79.71M	$299.25M	$356.72M
Income tax	-$2.01M	$7.82M	$16.94M	$7.91M	$7.93M	$10.22M	$7.24M	$9.06M	$13.47M	$18.59M	$69.79M	$82.26M
Net income	$23.11M	$18.98M	$37.18M	$22.12M	$17.93M	$31.48M	$21.59M	$23.30M	$33.88M	$58.23M	$226.98M	$271.58M
EBITDA	$58.52M	$65.78M	$93.47M	$69.58M	$65.68M	$77.91M	$66.45M	$72.60M	$87.03M	$117.60M	$338.46M	$413.06M
EPS (basic)	$0.29	$0.24	$0.47	$0.28	$0.23	$0.41	$0.29	$0.31	$0.44	$0.76	$2.98	$3.55
EPS (diluted)	$0.29	$0.24	$0.47	$0.28	$0.23	$0.41	$0.29	$0.30	$0.44	$0.75	$2.93	$3.48
Diluted shares	80.11M	79.85M	-232.00K	78.66M	78.38M	77.65M	-314.00K	76.83M	77.08M	77.76M	193.00K	78.12M
Gross margin	28.2%	29.7%	31.5%	31.3%	30.1%	32.1%	28.2%	31.0%	32.8%	35.1%	58.9%	66.9%
Operating margin	5.7%	6.8%	11.3%	7.5%	6.6%	9.1%	6.1%	7.5%	9.9%	13.4%	41.1%	49.4%
Net margin	4.7%	3.7%	6.8%	4.6%	3.7%	6.5%	4.2%	4.7%	6.4%	9.8%	30.8%	35.4%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$90.73M	$92.12M	$127.97M	$119.59M	$121.15M	$97.47M	$140.54M	$103.50M	$129.32M	$106.85M	$95.79M	$272.76M
Receivables	$290.55M	$303.46M	$302.81M	$282.46M	$254.14M	$290.94M	$295.40M	$288.01M	$288.20M	$334.43M	$408.44M	$429.86M
Inventory	$570.78M	$547.65M	$514.63M	$543.43M	$536.63M	$555.99M	$538.24M	$565.19M	$621.92M	$747.35M	$1.11B	$1.62B
Total current assets	$1.01B	$999.94M	$1.00B	$1.00B	$968.77M	$1.01B	$1.04B	$1.03B	$1.12B	$1.28B	$1.77B	$2.52B
Goodwill	$275.92M	$272.15M	$271.57M	$277.34M	$268.80M	$272.86M	$282.73M	$282.55M	$282.97M	$280.26M	$279.21M	$278.27M
Total assets	$2.54B	$2.52B	$2.50B	$2.52B	$2.44B	$2.49B	$2.55B	$2.52B	$2.60B	$2.73B	$3.17B	$3.88B
Total current liabilities	$414.11M	$413.25M	$415.96M	$398.39M	$382.23M	$415.63M	$422.33M	$396.98M	$439.35M	$536.07M	$676.71M	$730.84M
Long-term debt	$595.58M	$595.78M	$595.98M	$596.18M	$596.38M	$596.59M	$596.79M	$596.99M	$597.19M	$597.39M	$685.28M	$1.09B
Total debt	$595.58M	$595.78M	$595.98M	$596.18M	$596.38M	$596.59M	$596.79M	$596.99M	$597.19M	$597.39M	$685.28M	$1.09B
Total liabilities	$1.22B	$1.21B	$1.22B	$1.20B	$1.18B	$1.21B	$1.22B	$1.19B	$1.24B	$1.33B	$1.55B	$2.01B
Shareholders' equity	$1.29B	$1.26B	$1.25B	$1.28B	$1.22B	$1.24B	$1.28B	$1.28B	$1.32B	$1.35B	$1.57B	$1.82B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$62.60M	$75.15M	$113.65M	$45.75M	$55.15M	$28.83M	$78.59M	$17.49M	$55.12M	-$2.92M	-$73.69M	-$201.26M
Capital expenditures	$25.69M	$26.75M	$23.32M	$24.75M	$19.22M	$23.54M	$21.46M	$22.98M	$12.71M	$17.99M	$23.23M	$10.80M
Free cash flow	$36.91M	$48.40M	$90.33M	$21.00M	$35.93M	$5.29M	$57.13M	-$5.50M	$42.41M	-$20.91M	-$96.91M	-$212.06M
Investing cash flow	-$27.68M	-$29.70M	-$23.32M	-$19.95M	-$16.64M	-$23.46M	-$1.77M	-$22.71M	-$11.08M	-$17.84M	-$19.67M	-$13.29M
Financing cash flow	-$40.46M	-$42.15M	-$53.09M	-$36.35M	-$31.70M	-$29.98M	-$35.89M	-$31.07M	-$18.51M	-$560.00K	$81.78M	$391.11M
Dividends paid	$15.91M	$15.85M	$15.73M	$15.58M	$15.57M	$15.46M	$15.25M	$15.14M	$15.23M	$15.24M	$15.24M	$15.24M
Share buybacks	$15.03M	$15.03M	$21.79M	$15.03M	$15.03M	$25.02M	$5.04M	$10.03M	$38.00K	$0	$38.00K	$38.00K
Stock-based compensation	$5.96M	$6.00M	$3.69M	$7.94M	$5.44M	$4.95M	$3.79M	$8.24M	$8.71M	$9.06M	$8.84M	$10.88M
Depreciation & amortization	$30.04M	$30.56M	$32.07M	$33.56M	$34.01M	$33.85M	$35.08M	$35.05M	$34.37M	$38.17M	$35.58M	$33.81M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.