What is Kennametal Inc.'s earnings per share (EPS)?

Kennametal Inc. (KMT) reported diluted earnings per share of $4.42 for fiscal year 2026. This represents a 268.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Kennametal Inc. (KMT) Financials

KMT

FY2026 annual

Revenue $2.4B +19.8% YoY

Net Income $350.4M +255.0% YoY

EPS (Diluted) $4.42 +268.3% YoY

Free Cash Flow -$80.9M -167.8% YoY

Market Cap $2.3B as of Oct 20, 2026

Price / Sales 1.0x on $2.4B revenue, FY2026

Price / Earnings 6.7x on $350.4M net income, FY2026

Price / Book 1.5x on $1.6B equity, Q4 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 20, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 30, 2026 Reported Aug 12, 2026 Currency USD FYE June

Newest figures come from the 10-K for FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KMT SEC filings page.

Kennametal Inc. (KMT) reported $2.4B in revenue for fiscal year 2026, up 19.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI KMT FY2026 2026-10-04

FY2026's profit surge came with a sharp margin step-up, but working-capital investment prevented accounting earnings from becoming cash.

In FY2026, net income rose to $350M while operating cash flow fell to -$4M, so reported profitability did not translate into collected cash. Inventory expanded from $538M to $1.1B as revenue rose, pointing to working-capital absorption rather than weaker reported earnings as the main cash drain.

FY2026's much wider gross and operating margins indicate the earnings step-up involved a substantial change in economics beyond sales volume. Net margin reached 14.9% from 5.0%, showing the improvement flowed through after operating costs and taxes.

The 2.6x current ratio indicates short-term liabilities remained covered on paper, but the asset mix matters because inventory was a major component of the current-asset increase. Long-term debt rose to $685M while equity reached $1.6B, leaving leverage broadly contained at 0.4x debt-to-equity.

Financial Health Signals

Financial Health Score 59/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Kennametal Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Kennametal Inc. has an operating margin of 20.1%, meaning the company retains $20 of operating profit per $100 of revenue. This strong profitability earns a score of 71/100, reflecting efficient cost management and pricing power. This is up from 7.3% the prior year.

Growth

Kennametal Inc.'s revenue surged 19.8% year-over-year to $2.4B, reflecting rapid business expansion. This strong growth earns a score of 58/100.

Leverage

Kennametal Inc. has a moderate D/E ratio of 0.44. This balance of debt and equity financing earns a leverage score of 48/100.

Liquidity

With a current ratio of 2.62, Kennametal Inc. holds $2.62 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 73/100.

Cash Flow

Kennametal Inc.'s operations used $4.0M of cash, and capex of $76.9M added to the outflow, for a free cash flow shortfall of $80.9M. This results in a cash flow score of 32/100.

Returns

Kennametal Inc. earns a strong 22.3% return on equity (ROE), meaning it generates $22 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 72/100. This is up from 7.7% the prior year.

Altman Z-Score Safe

3.21

Kennametal Inc. scores 3.21, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

5/9

Kennametal Inc. passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

$0.01used

For every $1 of reported earnings, Kennametal Inc. used $0.01 of operating cash (-$4.0M OCF vs $350.4M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Interest Coverage Safe

16.54x

Kennametal Inc. earns $16.54 in operating income for every $1 of interest expense ($472.5M vs $28.6M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$736.6M

YoY+42.6%

QoQ+24.3%

5Y CAGR+7.4%

10Y CAGR+3.5%

Kennametal Inc. generated $736.6M in revenue in Q4 2026. This represents an increase of 42.6% from the same quarter a year earlier. Against the prior quarter it is up 24.3%.

EBITDA

$338.5M

YoY+409.4%

QoQ+187.8%

5Y CAGR+29.3%

Kennametal Inc.'s EBITDA was $338.5M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 409.4% from the same quarter a year earlier. Against the prior quarter it is up 187.8%.

Net Income

$235.0M

YoY+765.0%

QoQ+303.6%

5Y CAGR+46.3%

Kennametal Inc. reported $235.0M in net income in Q4 2026. This represents an increase of 765.0% from the same quarter a year earlier. Against the prior quarter it is up 303.6%.

EPS (Diluted)

$2.93

YoY+910.3%

QoQ+290.7%

5Y CAGR+47.5%

Kennametal Inc. earned $2.93 per diluted share (EPS) in Q4 2026. This represents an increase of 910.3% from the same quarter a year earlier. Against the prior quarter it is up 290.7%.

Cash & Balance Sheet

Free Cash Flow

-$96.9M

YoY-269.6%

QoQ-363.4%

Kennametal Inc. recorded an outflow of $96.9M in free cash flow in Q4 2026, representing a cash shortfall after capex. This represents a decrease of 269.6% from the same quarter a year earlier. Against the prior quarter it is down 363.4%.

Cash & Debt

$95.8M

YoY-31.8%

QoQ-10.4%

5Y CAGR-9.1%

10Y CAGR-5.1%

Kennametal Inc. held $95.8M in cash against $685.3M in long-term debt as of Q4 2026.

Dividends Per Share

$0.20

YoY0.0%

QoQ0.0%

5Y CAGR0.0%

10Y CAGR0.0%

Kennametal Inc. paid $0.20 per share in dividends in Q4 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

76M

YoY+0.3%

QoQ0.0%

5Y CAGR-1.8%

10Y CAGR-0.4%

Kennametal Inc. had 76M shares outstanding in Q4 2026. This represents an increase of 0.3% from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Gross Margin

58.9%

YoY+30.6pp

QoQ+23.8pp

5Y change+24.8pp

10Y change+26.9pp

Kennametal Inc.'s gross margin was 58.9% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is up 30.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 23.8 percentage points.

Operating Margin

41.1%

YoY+35.1pp

QoQ+27.7pp

5Y change+29.3pp

Kennametal Inc.'s operating margin was 41.1% in Q4 2026, reflecting core business profitability. This is up 35.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 27.7 percentage points.

Net Margin

31.9%

YoY+26.6pp

QoQ+22.1pp

5Y change+25.1pp

10Y change+44.7pp

Kennametal Inc.'s net profit margin was 31.9% in Q4 2026, showing the share of revenue converted to profit. This is up 26.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 22.1 percentage points.

Return on Equity

15.0%

YoY+12.8pp

QoQ+10.7pp

5Y change+12.3pp

10Y change+21.9pp

Kennametal Inc.'s ROE was 15.0% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is up 12.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.7 percentage points.

Capital Allocation

Share Buybacks

$38K

YoY-99.2%

5Y CAGR-4.6%

10Y CAGR-5.1%

Kennametal Inc. spent $38K on share buybacks in Q4 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 99.2% from the same quarter a year earlier.

Capital Expenditures

$23.2M

YoY+8.2%

QoQ+29.1%

5Y CAGR-6.9%

10Y CAGR-1.6%

Kennametal Inc. invested $23.2M in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 8.2% from the same quarter a year earlier. Against the prior quarter it is up 29.1%.

R&D Spending

Not reported for Q4 2026.

KMT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KMT quarterly income statement

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$2.4B+19.8%	$2.0B-3.9%	$2.0B-1.5%	$2.1B+3.3%	$2.0B+9.3%	$1.8B-2.3%	$1.9B-20.6%	$2.4B+0.3%	$2.4B+15.0%	$2.1B-1.9%	$2.1B-20.7%	$2.6B-6.7%	$2.8B+9.6%	$2.6B-5.4%	$2.7B
Cost of Revenue	$1.4B+1.3%	$1.4B-3.6%	$1.4B-0.8%	$1.4B+4.9%	$1.4B+5.9%	$1.3B-4.9%	$1.4B-12.2%	$1.5B-0.3%	$1.5B+9.5%	$1.4B-4.6%	$1.5B-19.5%	$1.8B-5.1%	$1.9B+11.2%	$1.7B+0.1%	$1.7B
Gross Profit	$970.0M+62.2%	$598.1M-4.6%	$627.1M-3.0%	$646.4M-0.2%	$648.0M+17.3%	$552.5M+4.3%	$529.5M-36.3%	$831.5M+1.4%	$820.1M+27.2%	$644.9M+4.7%	$616.1M-23.6%	$806.0M-10.1%	$897.0M+6.2%	$845.0M-15.0%	$994.3M
R&D Expenses	$43.2M-2.7%	$44.4M+0.5%	$44.2M+2.6%	$43.1M+2.4%	$42.1M+6.6%	$39.5M+2.1%	$38.7M-0.8%	$39.0M+0.3%	$38.9M+2.4%	$38.0M-3.6%	$39.4M-12.6%	$45.1M+2.5%	$44.0M+10.8%	$39.7M+3.7%	$38.3M
SG&A Expenses	$479.0M+11.2%	$430.8M-0.5%	$433.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$472.5M+230.2%	$143.1M-15.9%	$170.2M-11.5%	$192.4M-11.8%	$218.1M+113.5%	$102.2M+359.1%	$22.3M-93.2%	$328.9M+13.3%	$290.3M+206.4%	$94.8M+154.2%	-$174.9M+51.1%	-$357.8M-235.8%	$263.4M-11.1%	$296.4M-28.8%	$416.4M
EBITDA	$615.7M+120.2%	$279.6M-8.3%	$304.9M-6.6%	$326.4M-6.7%	$349.8M+53.0%	$228.7M+60.9%	$142.1M-67.8%	$440.9M+10.5%	$399.0M+97.1%	$202.4M+452.2%	-$57.5M+74.6%	-$226.2M-157.5%	$393.7M-3.9%	$409.5M-21.3%	$520.5M
Interest Expense	$28.6M+14.6%	$24.9M-5.8%	$26.5M-7.1%	$28.5M+10.0%	$25.9M-44.1%	$46.4M+31.9%	$35.2M+6.5%	$33.0M+9.7%	$30.1M+4.3%	$28.8M+3.9%	$27.8M-11.8%	$31.5M-3.0%	$32.5M+18.1%	$27.5M+0.9%	$27.2M
Income Tax	$110.9M+233.1%	$33.3M+8.1%	$30.8M-15.0%	$36.3M-35.9%	$56.5M+805.5%	$6.2M-10.9%	$7.0M-88.9%	$63.4M-9.5%	$70.0M+134.1%	$29.9M+18.1%	$25.3M+252.0%	-$16.7M-125.0%	$66.6M+11.6%	$59.7M-24.6%	$79.1M
Net Income	$350.4M+255.0%	$98.7M-9.7%	$109.3M-7.8%	$118.5M-18.0%	$144.6M+165.6%	$54.4M+1061.6%	-$5.7M-102.3%	$241.9M+20.9%	$200.2M+307.4%	$49.1M+121.7%	-$226.0M+39.6%	-$373.9M-336.1%	$158.4M-22.1%	$203.3M-33.8%	$307.2M
EPS (Basic)	$4.49+271.1%	$1.21-12.3%	$1.38-6.1%	$1.47-15.5%	$1.74+167.7%	$0.65+1028.6%	-$0.07-102.4%	$2.94+20.0%	$2.45+301.6%	$0.61+121.6%	-$2.83+39.9%	-$4.71-334.3%	$2.01-21.5%	$2.56-33.2%	$3.83
EPS (Diluted)	$4.42+268.3%	$1.20-12.4%	$1.37-6.2%	$1.46-15.1%	$1.72+164.6%	$0.65+1028.6%	-$0.07-102.4%	$2.90+19.8%	$2.42+296.7%	$0.61+121.6%	-$2.83+39.9%	-$4.71-336.7%	$1.99-21.0%	$2.52-33.2%	$3.77
Diluted Shares (Avg)	77M-0.6%	78M-2.6%	80M-1.8%	81M-3.0%	84M-0.5%	84M+1.5%	83M-0.3%	83M+0.6%	83M+2.0%	81M+1.7%	80M+0.6%	79M-0.4%	80M-1.2%	81M-1.0%	81M

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Revenue	$736.6M+42.6%	$592.6M+21.8%	$529.5M+9.8%	$498.0M+3.3%	$516.4M-4.9%	$486.4M-5.7%	$482.1M-2.7%	$481.9M-2.1%
Cost of Revenue	$303.1M-18.3%	$384.6M+16.5%	$355.7M+5.5%	$343.4M+3.8%	$370.8M-0.3%	$330.0M-9.0%	$337.0M-5.3%	$330.9M+0.4%
Gross Profit	$433.6M+197.6%	$208.0M+33.0%	$173.9M+19.9%	$154.6M+2.3%	$145.7M-15.0%	$156.4M+2.0%	$145.0M+3.9%	$151.0M-7.3%
SG&A Expenses	$125.6M+18.7%	$124.0M+19.3%	$116.3M+6.4%	$113.0M+1.2%	$105.9M	$104.0M	$109.3M	$111.7M
Operating Income	$302.9M+865.5%	$79.4M+80.3%	$52.7M+66.3%	$37.6M+4.3%	$31.4M-48.9%	$44.1M+25.1%	$31.7M+11.2%	$36.0M-20.1%
EBITDA	$338.5M+409.4%	$117.6M+50.9%	$87.0M+32.5%	$72.6M+4.3%	$66.4M-31.0%	$77.9M+13.5%	$65.7M+7.2%	$69.6M-11.5%
Interest Expense	$10.0M+61.0%	$6.3M+0.8%	$6.1M-1.5%	$6.2M-2.0%	$6.2M-0.4%	$6.2M-8.3%	$6.2M-9.7%	$6.3M-4.4%
Income Tax	$69.8M+863.4%	$18.6M+81.9%	$13.5M+70.0%	$9.1M+14.6%	$7.2M-57.2%	$10.2M+30.7%	$7.9M+494.6%	$7.9M-1.9%
Net Income	$235.0M+765.0%	$58.2M+85.0%	$33.9M+89.0%	$23.3M+5.3%	$27.2M-26.9%	$31.5M+65.9%	$17.9M-22.4%	$22.1M-26.4%
EPS (Basic)	$2.98+927.6%	$0.76+85.4%	$0.44+91.3%	$0.31+10.7%	$0.29-38.3%	$0.41+70.8%	$0.23-20.7%	$0.28-26.3%
EPS (Diluted)	$2.93+910.3%	$0.75+82.9%	$0.44+91.3%	$0.30+7.1%	$0.29-38.3%	$0.41+70.8%	$0.23-20.7%	$0.28-24.3%
Diluted Shares (Avg)	N/A	78M+0.1%	77M-1.7%	77M-2.3%	N/A	78M-2.8%	78M-2.2%	79M-2.5%

Not reported in any period shown, so not listed: R&D Expenses.

KMT Balance Sheet

KMT quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$3.2B+24.4%	$2.5B+1.7%	$2.5B-1.7%	$2.5B-1.0%	$2.6B-3.5%	$2.7B-12.2%	$3.0B+14.4%	$2.7B-9.2%	$2.9B+21.1%	$2.4B+2.2%	$2.4B-16.9%	$2.8B-26.5%	$3.9B+17.2%	$3.3B+8.8%	$3.0B
Current Assets	$1.8B+70.5%	$1.0B+3.7%	$1.0B-2.4%	$1.0B+0.2%	$1.0B+2.0%	$1.0B-30.3%	$1.4B+21.0%	$1.2B-23.0%	$1.5B+38.8%	$1.1B+3.6%	$1.1B-14.6%	$1.3B-17.5%	$1.5B+1.7%	$1.5B0.0%	$1.5B
Cash & Equivalents	$95.8M-31.8%	$140.5M+9.8%	$128.0M+20.7%	$106.0M+23.9%	$85.6M-44.4%	$154.0M-74.6%	$606.7M+233.3%	$182.0M-67.3%	$556.2M+191.7%	$190.6M+18.0%	$161.6M+53.2%	$105.5M-40.7%	$177.9M-52.8%	$377.3M+224.0%	$116.5M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$1.1B+105.9%	$538.2M+4.6%	$514.6M-7.7%	$557.6M-2.3%	$570.8M+19.8%	$476.3M-8.8%	$522.4M-8.6%	$571.6M+8.8%	$525.5M+7.7%	$487.7M+6.3%	$458.8M-20.3%	$575.5M-18.2%	$703.8M+21.6%	$578.8M0.0%	$578.8M
Accounts Receivable	$408.4M+38.3%	$295.4M-2.4%	$302.8M-1.5%	$307.3M+4.1%	$295.3M-2.5%	$302.9M+27.3%	$238.0M-37.3%	$379.9M-5.3%	$401.3M+5.5%	$380.4M+2.6%	$370.9M-16.7%	$445.4M-16.2%	$531.5M+19.4%	$445.3M0.0%	$445.3M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$279.2M-1.2%	$282.7M+4.1%	$271.6M+0.7%	$269.6M+2.0%	$264.2M-4.8%	$277.6M+2.6%	$270.6M-9.8%	$300.0M-0.6%	$301.8M+0.1%	$301.4M+1.0%	$298.5M-28.5%	$417.4M-57.2%	$975.6M+35.2%	$721.8M+0.3%	$719.4M
Total Liabilities	$1.6B+27.2%	$1.2B+0.5%	$1.2B-1.5%	$1.2B-3.8%	$1.3B-1.2%	$1.3B-26.6%	$1.8B+38.0%	$1.3B-24.4%	$1.7B+24.4%	$1.4B-0.3%	$1.4B-7.3%	$1.5B-22.7%	$1.9B+28.1%	$1.5B0.0%	$1.5B
Current Liabilities	$676.7M+60.2%	$422.3M+1.5%	$416.0M-4.2%	$434.0M-10.6%	$485.6M+11.0%	$437.4M-51.3%	$898.1M+94.5%	$461.7M-47.9%	$886.5M+92.1%	$461.5M+8.0%	$427.3M-11.5%	$482.7M-14.2%	$562.8M+20.4%	$467.6M0.0%	$467.6M
Non-Current Liabilities	$876.6M+9.8%	$798.4M-0.1%	$799.2M0.0%	$799.1M+0.3%	$796.6M-7.4%	$860.2M-1.2%	$870.7M+6.2%	$819.8M+1.4%	$808.9M-10.3%	$901.4M-4.1%	$939.7M-5.2%	$991.4M-26.2%	$1.3B+31.6%	$1.0B0.0%	$1.0B
Long-Term Debt	$685.3M+14.8%	$596.8M+0.1%	$596.0M+0.1%	$595.2M+0.1%	$594.4M+0.4%	$592.1M-0.3%	$594.1M+0.3%	$592.5M+0.2%	$591.5M-14.9%	$695.0M+0.2%	$693.5M-5.8%	$735.9M-25.0%	$981.7M+39.5%	$703.6M0.0%	$703.6M
Total Equity	$1.6B+22.3%	$1.3B+2.7%	$1.2B-2.0%	$1.3B+1.8%	$1.3B-5.8%	$1.3B+8.1%	$1.2B-7.9%	$1.3B+11.8%	$1.2B+17.4%	$1.0B+5.5%	$964.3M-28.3%	$1.3B-30.2%	$1.9B+8.3%	$1.8B0.0%	$1.8B
Retained Earnings	$1.5B+23.4%	$1.2B+2.7%	$1.2B+4.1%	$1.1B+5.0%	$1.1B+7.9%	$992.6M-1.2%	$1.0B-6.7%	$1.1B+19.6%	$900.7M+17.6%	$765.6M-1.9%	$780.6M-27.1%	$1.1B-28.7%	$1.5B+7.3%	$1.4B0.0%	$1.4B

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Total Assets	$3.2B+24.4%	$2.7B+9.6%	$2.6B+6.6%	$2.5B-0.1%	$2.5B+1.7%	$2.5B-1.1%	$2.4B-4.3%	$2.5B+0.4%
Current Assets	$1.8B+70.5%	$1.3B+26.1%	$1.1B+15.7%	$1.0B+2.9%	$1.0B+3.7%	$1.0B+1.3%	$968.8M-4.1%	$1.0B-0.7%
Cash & Equivalents	$95.8M-31.8%	$106.8M+9.6%	$129.3M+6.7%	$103.5M-13.5%	$140.5M+9.8%	$97.5M+5.8%	$121.2M+33.5%	$119.6M+25.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$1.1B+105.9%	$747.3M+34.4%	$621.9M+15.9%	$565.2M+4.0%	$538.2M+4.6%	$556.0M+1.5%	$536.6M-6.0%	$543.4M-4.7%
Accounts Receivable	$408.4M+38.3%	$334.4M+14.9%	$288.2M+13.4%	$288.0M+2.0%	$295.4M-2.4%	$290.9M-4.1%	$254.1M-12.5%	$282.5M-2.1%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$279.2M-1.2%	$280.3M+2.7%	$283.0M+5.3%	$282.5M+1.9%	$282.7M+4.1%	$272.9M+0.3%	$268.8M-2.6%	$277.3M+4.0%
Total Liabilities	$1.6B+27.2%	$1.3B+10.0%	$1.2B+5.3%	$1.2B-0.9%	$1.2B+0.5%	$1.2B-0.1%	$1.2B-3.3%	$1.2B-0.8%
Current Liabilities	$676.7M+60.2%	$536.1M+29.0%	$439.4M+14.9%	$397.0M-0.4%	$422.3M+1.5%	$415.6M+0.6%	$382.2M-7.7%	$398.4M-5.1%
Non-Current Liabilities	$876.6M+9.8%	$796.3M0.0%	$798.5M+0.6%	$796.3M-1.1%	$798.4M-0.1%	$796.0M-0.4%	$793.5M-1.1%	$805.6M+1.4%
Long-Term Debt	$685.3M+14.8%	$597.4M+0.1%	$597.2M+0.1%	$597.0M+0.1%	$596.8M+0.1%	$596.6M+0.1%	$596.4M+0.1%	$596.2M+0.1%
Total Equity	$1.6B+22.3%	$1.4B+9.5%	$1.3B+7.8%	$1.3B+0.6%	$1.3B+2.7%	$1.2B-2.2%	$1.2B-5.3%	$1.3B+1.3%
Retained Earnings	$1.5B+23.4%	$1.3B+6.4%	$1.2B+4.2%	$1.2B+2.8%	$1.2B+2.7%	$1.2B+4.0%	$1.2B+2.9%	$1.2B+3.4%

KMT Cash Flow Statement

KMT quarterly cash flow statement

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	-$4.0M-101.9%	$208.3M-24.8%	$277.1M+7.4%	$257.9M+242.2%	-$181.4M-177.0%	$235.7M+5.3%	$223.7M-25.5%	$300.5M+8.4%	$277.3M+42.0%	$195.3M-12.2%	$222.5M-36.7%	$351.4M+29.3%	$271.9M-4.3%	$284.1M-1.9%	$289.6M
Depreciation & Amortization	$143.2M+4.9%	$136.5M+1.3%	$134.7M+0.5%	$134.0M+1.8%	$131.7M+4.1%	$126.5M+5.5%	$119.9M+7.0%	$112.1M+3.1%	$108.7M+1.0%	$107.7M-8.4%	$117.5M-10.8%	$131.7M+1.1%	$130.2M+15.1%	$113.1M+8.7%	$104.1M
Stock-Based Compensation	$34.9M+57.6%	$22.1M-9.1%	$24.3M-1.3%	$24.7M+17.5%	$21.0M-15.4%	$24.8M+54.5%	$16.0M-29.8%	$22.8M+9.7%	$20.8M-1.1%	$21.1M+16.2%	$18.1M+7.7%	$16.8M-4.6%	$17.6M-19.4%	$21.9M+1.7%	$21.5M
Capital Expenditures	$76.9M-13.6%	$89.0M-17.3%	$107.6M+14.0%	$94.4M-2.6%	$96.9M-23.9%	$127.3M-47.9%	$244.2M+15.0%	$212.3M+24.2%	$171.0M+44.9%	$118.0M+6.6%	$110.7M+9.7%	$100.9M-14.0%	$117.4M+41.7%	$82.8M-19.6%	$103.0M
Free Cash Flow	-$80.9M-167.8%	$119.4M-29.6%	$169.5M+3.7%	$163.6M+158.8%	-$278.4M-356.8%	$108.4M+630.9%	-$20.4M-123.2%	$88.2M-17.0%	$106.3M+37.5%	$77.3M-30.8%	$111.8M-55.4%	$250.5M+62.1%	$154.5M-23.3%	$201.3M+7.9%	$186.5M
Investing Cash Flow	-$71.3M-15.3%	-$61.8M+43.5%	-$109.4M-22.6%	-$89.2M+6.0%	-$94.9M+22.8%	-$123.0M+43.7%	-$218.3M-8.4%	-$201.5M-28.4%	-$156.9M-39.1%	-$112.7M-135.2%	-$47.9M+43.3%	-$84.6M+88.6%	-$740.2M-817.2%	-$80.7M+83.4%	-$487.3M
Financing Cash Flow	$31.6M+123.6%	-$133.9M+5.5%	-$141.7M+1.0%	-$143.1M+5.1%	-$150.7M+73.8%	-$574.2M-235.0%	$425.5M+190.2%	-$471.4M-290.7%	$247.2M+563.9%	-$53.3M+53.1%	-$113.6M+65.9%	-$333.0M-223.1%	$270.4M+418.5%	$52.1M-60.3%	$131.3M
Dividends Paid	$60.8M-1.6%	$61.9M-2.5%	$63.4M-1.7%	$64.5M-3.1%	$66.6M-0.3%	$66.7M+0.7%	$66.3M+0.8%	$65.7M+1.0%	$65.1M+1.5%	$64.1M+0.6%	$63.7M+11.8%	$57.0M+1.0%	$56.4M+10.6%	$51.0M+16.9%	$43.6M
Share Buybacks	$10.1M-83.2%	$60.1M-8.3%	$65.6M+33.0%	$49.3M-42.4%	$85.5M+43322.3%	$197K-5.7%	$209K-2.3%	$214K-1.4%	$217K-10.0%	$241K-18.3%	$295K-7.2%	$318K-97.8%	$14.2M-88.3%	$121.4M+81.5%	$66.9M

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Operating Cash Flow	-$73.7M-193.8%	-$2.9M-110.1%	$55.1M-0.1%	$17.5M-61.8%	$78.6M-30.8%	$28.8M-61.6%	$55.2M-11.9%	$45.7M+77.9%
Depreciation & Amortization	$35.6M+1.4%	$38.2M+12.7%	$34.4M+1.0%	$35.0M+4.4%	$35.1M+0.3%	$33.9M+1.2%	$34.0M+3.7%	$33.6M+0.2%
Stock-Based Compensation	N/A	N/A	N/A	$8.2M+3.8%	N/A	N/A	N/A	$7.9M-8.7%
Capital Expenditures	$23.2M+8.2%	$18.0M-23.6%	$12.7M-33.9%	$23.0M-7.1%	$21.5M-8.0%	$23.5M-12.0%	$19.2M-25.2%	$24.7M-22.2%
Free Cash Flow	-$96.9M-269.6%	-$20.9M-495.2%	$42.4M+18.0%	-$5.5M-126.2%	$57.1M-36.8%	$5.3M-89.1%	$35.9M-2.6%	$21.0M+444.9%
Investing Cash Flow	-$19.7M-1011.2%	-$17.8M+24.0%	-$11.1M+33.4%	-$22.7M-13.8%	-$1.8M+92.4%	-$23.5M+21.0%	-$16.6M+39.9%	-$20.0M+30.5%
Financing Cash Flow	$81.8M+327.8%	-$560K+98.1%	-$18.5M+41.6%	-$31.1M+14.5%	-$35.9M+32.4%	-$30.0M+28.9%	-$31.7M+21.7%	-$36.4M-500.7%
Dividends Paid	$15.2M0.0%	$15.2M-1.4%	$15.2M-2.2%	$15.1M-2.9%	$15.2M-3.1%	$15.5M-2.5%	$15.6M-2.2%	$15.6M-2.2%
Share Buybacks	$38K-99.2%	$0-100.0%	$38K-99.7%	$10.0M-33.3%	$5.0M-76.9%	$25.0M+66.4%	$15.0M0.0%	$15.0M+9.5%

KMT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KMT quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	41.2%+10.8pp	30.4%-0.2pp	30.6%-0.5pp	31.1%-1.1pp	32.2%+2.2pp	30.0%+1.9pp	28.1%-6.9pp	35.0%+0.4pp	34.6%+3.3pp	31.3%+2.0pp	29.4%-1.1pp	30.4%-1.2pp	31.6%-1.0pp	32.6%-3.7pp	36.3%
Operating Margin	20.1%+12.8pp	7.3%-1.0pp	8.3%-0.9pp	9.3%-1.6pp	10.8%+5.3pp	5.5%+4.4pp	1.2%-12.7pp	13.8%+1.6pp	12.3%+7.7pp	4.6%+12.9pp	-8.3%+5.2pp	-13.5%-22.8pp	9.3%-2.2pp	11.5%-3.8pp	15.2%
Net Margin	14.9%+9.8pp	5.0%-0.3pp	5.3%-0.4pp	5.7%-1.5pp	7.2%+4.2pp	3.0%+3.3pp	-0.3%-10.5pp	10.2%+1.7pp	8.5%+6.1pp	2.4%+13.2pp	-10.8%+3.3pp	-14.1%-19.7pp	5.6%-2.3pp	7.8%-3.4pp	11.2%
Return on Equity	22.3%+14.6pp	7.7%-1.1pp	8.7%-0.5pp	9.3%-2.3pp	11.5%+7.5pp	4.1%+4.5pp	-0.5%-18.6pp	18.1%+1.4pp	16.8%+11.9pp	4.8%+28.3pp	-23.4%+4.3pp	-27.8%-36.0pp	8.2%-3.2pp	11.4%-5.8pp	17.2%
Return on Assets	11.1%+7.2pp	3.9%-0.5pp	4.4%-0.3pp	4.7%-1.0pp	5.6%+3.6pp	2.0%+2.2pp	-0.2%-9.3pp	9.1%+2.3pp	6.8%+4.8pp	2.0%+11.6pp	-9.6%+3.6pp	-13.2%-17.2pp	4.1%-2.1pp	6.2%-4.0pp	10.1%
Current Ratio	2.62+0.2x	2.46+0.1x	2.410.0x	2.37+0.3x	2.11-0.2x	2.30+0.7x	1.60-1.0x	2.58+0.8x	1.74-0.7x	2.41-0.1x	2.52-0.1x	2.61-0.1x	2.71-0.5x	3.210.0x	3.21
Debt-to-Equity	0.440.0x	0.460.0x	0.480.0x	0.470.0x	0.470.0x	0.450.0x	0.480.0x	0.44-0.1x	0.50-0.2x	0.680.0x	0.72+0.2x	0.550.0x	0.51+0.1x	0.390.0x	0.39
Asset Turnover	0.740.0x	0.770.0x	0.820.0x	0.820.0x	0.78+0.1x	0.69+0.1x	0.62-0.3x	0.89+0.1x	0.810.0x	0.850.0x	0.890.0x	0.93+0.2x	0.73-0.1x	0.78-0.1x	0.90
FCF Margin	-3.4%-9.5pp	6.1%-2.2pp	8.3%+0.4pp	7.9%+21.7pp	-13.8%-19.7pp	5.9%+7.0pp	-1.1%-4.8pp	3.7%-0.8pp	4.5%+0.7pp	3.8%-1.6pp	5.3%-4.1pp	9.5%+4.0pp	5.5%-2.3pp	7.8%+1.0pp	6.8%

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Gross Margin	58.9%+30.6pp	35.1%+2.9pp	32.8%+2.7pp	31.0%-0.3pp	28.2%-3.3pp	32.1%+2.4pp	30.1%+1.9pp	31.3%-1.7pp
Operating Margin	41.1%+35.1pp	13.4%+4.3pp	9.9%+3.4pp	7.5%+0.1pp	6.1%-5.2pp	9.1%+2.2pp	6.6%+0.8pp	7.5%-1.7pp
Net Margin	31.9%+26.6pp	9.8%+3.4pp	6.4%+2.7pp	4.7%+0.1pp	5.3%-1.6pp	6.5%+2.8pp	3.7%-1.0pp	4.6%-1.5pp
Return on Equity	15.0%+12.8pp	4.3%+1.7pp	2.6%+1.1pp	1.8%+0.1pp	2.1%-0.9pp	2.5%+1.0pp	1.5%-0.3pp	1.7%-0.7pp
Return on Assets	7.4%+6.3pp	2.1%+0.9pp	1.3%+0.6pp	0.9%0.0pp	1.1%-0.4pp	1.3%+0.5pp	0.7%-0.2pp	0.9%-0.3pp
Current Ratio	2.62+0.2x	2.38-0.1x	2.550.0x	2.60+0.1x	2.46+0.1x	2.440.0x	2.53+0.1x	2.52+0.1x
Debt-to-Equity	0.440.0x	0.440.0x	0.450.0x	0.460.0x	0.460.0x	0.480.0x	0.490.0x	0.470.0x
Asset Turnover	0.230.0x	0.220.0x	0.200.0x	0.200.0x	0.200.0x	0.200.0x	0.200.0x	0.190.0x
FCF Margin	-13.2%-24.2pp	-3.5%-4.6pp	8.0%+0.6pp	-1.1%-5.5pp	11.1%-5.6pp	1.1%-8.3pp	7.4%0.0pp	4.4%+5.6pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Kennametal Inc. KMT	FY2026	$2.4B	$350.4M	14.9%	$2.3B	59/100
Hillman Solutions Corp. HLMN	FY2025	$1.6B	$40.3M	2.6%	$1.4B	48/100
The Timken Company TKR	FY2025	$4.6B	$288.4M	6.3%	$7.8B	58/100
Toro Company (The) TTC	FY2025	$4.5B	$316.1M	7.0%	$9.5B	59/100
Eastern Company EML	FY2025	$249.0M	$7.1M	2.9%	$146.3M	50/100
Lincoln Electric Holdings Inc LECO	FY2025	$4.2B	$520.5M	12.3%	$14.3B	65/100

Where Kennametal Inc. Ranks

Frequently Asked Questions

What is Kennametal Inc.'s annual revenue?

Kennametal Inc. (KMT) reported $2.4B in total revenue for fiscal year 2026. This represents a 19.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Kennametal Inc.'s revenue growing?

Kennametal Inc. (KMT) revenue grew by 19.8% year-over-year, from $2.0B to $2.4B in fiscal year 2026.

Is Kennametal Inc. profitable?

Yes, Kennametal Inc. (KMT) reported a net income of $350.4M in fiscal year 2026, with a net profit margin of 14.9%.

What is Kennametal Inc.'s EBITDA?

Kennametal Inc. (KMT) had EBITDA of $615.7M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Kennametal Inc. have?

As of fiscal year 2026, Kennametal Inc. (KMT) had $95.8M in cash and equivalents against $685.3M in long-term debt.

What is Kennametal Inc.'s gross margin?

Kennametal Inc. (KMT) had a gross margin of 41.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Kennametal Inc.'s operating margin?

Kennametal Inc. (KMT) had an operating margin of 20.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Kennametal Inc.'s net profit margin?

Kennametal Inc. (KMT) had a net profit margin of 14.9% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does Kennametal Inc. pay dividends?

Yes, Kennametal Inc. (KMT) paid $0.80 per share in dividends during fiscal year 2026.

What is Kennametal Inc.'s return on equity (ROE)?

Kennametal Inc. (KMT) has a return on equity of 22.3% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Kennametal Inc.'s free cash flow?

Kennametal Inc. (KMT) recorded an outflow of $80.9M in free cash flow during fiscal year 2026. This represents a -167.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Kennametal Inc.'s operating cash flow?

Kennametal Inc. (KMT) recorded an outflow of $4.0M in operating cash flow during fiscal year 2026, representing cash used by core business activities.

What are Kennametal Inc.'s total assets?

Kennametal Inc. (KMT) had $3.2B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Kennametal Inc.'s capital expenditures?

Kennametal Inc. (KMT) invested $76.9M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Kennametal Inc. spend on research and development?

Kennametal Inc. (KMT) invested $43.2M in research and development during fiscal year 2026.

Does Kennametal Inc. buy back shares?

Yes, Kennametal Inc. (KMT) spent $10.1M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does Kennametal Inc. have outstanding?

Kennametal Inc. (KMT) had 76M shares outstanding as of fiscal year 2026.

What is Kennametal Inc.'s current ratio?

Kennametal Inc. (KMT) had a current ratio of 2.62 as of fiscal year 2026, which is generally considered healthy.

What is Kennametal Inc.'s debt-to-equity ratio?

Kennametal Inc. (KMT) had a debt-to-equity ratio of 0.44 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Kennametal Inc.'s return on assets (ROA)?

Kennametal Inc. (KMT) had a return on assets of 11.1% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Kennametal Inc.'s P/E ratio?

Kennametal Inc. (KMT) trades at 6.7x earnings, its market capitalization divided by net income of $350.4M net income, FY2026. The market capitalization is $2.3B as of Oct 20, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Kennametal Inc.'s price-to-sales ratio?

Kennametal Inc. (KMT) trades at 1.0x sales, its market capitalization divided by revenue of $2.4B revenue, FY2026. The market capitalization is $2.3B as of Oct 20, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Kennametal Inc.'s Altman Z-Score?

Kennametal Inc. (KMT) has an Altman Z-Score of 3.21, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Kennametal Inc.'s Piotroski F-Score?

Kennametal Inc. (KMT) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Kennametal Inc.'s earnings high quality?

For every $1 of reported earnings, Kennametal Inc. (KMT) used $0.01 of operating cash (-$4.0M OCF vs $350.4M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Kennametal Inc. cover its interest payments?

Kennametal Inc. (KMT) has an interest coverage ratio of 16.54x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Kennametal Inc.?

Kennametal Inc. (KMT) scores 59 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.