KENNAMETAL INC KMT
Last close
31.02
2026-09-04
Market cap
$2.36B
2026-06-30 share count
52-week range
20.35 - 43.81
Valuation FY2026 figures against the last close
P/S1.0x
P/E7.0x
P/FCF—
EV/EBITDA3.8x
Dividend yield2.6%
Diluted EPS4.42
Annual financial statements
Income statement
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.36B | $1.97B | $2.05B | $2.08B | $2.01B | $1.84B | $1.89B | $2.38B | $2.37B | $2.06B |
| Cost of revenue | $1.39B | $1.37B | $1.42B | $1.43B | $1.36B | $1.29B | $1.36B | $1.54B | $1.55B | $1.41B |
| Gross profit | $970.0M | $598.1M | $627.1M | $646.4M | $648.0M | $552.5M | $529.5M | $831.5M | $820.1M | $644.9M |
| R&D | $43.2M | $44.4M | $44.2M | $43.1M | $42.1M | $39.5M | $38.7M | $39.0M | $38.9M | $38.0M |
| SG&A | $479.0M | $430.8M | $433.2M | — | — | — | — | — | — | — |
| Total operating expenses | — | $430.8M | $433.2M | $437.3M | $419.1M | $407.2M | $388.4M | $474.2M | $503.2M | $468.6M |
| Operating income | $472.5M | $143.1M | $170.2M | $192.4M | $218.1M | $102.2M | $22.3M | $328.9M | $290.3M | $94.8M |
| Interest expense | $28.6M | $24.9M | $26.5M | $28.5M | $25.9M | $46.4M | $35.2M | $33.0M | $30.1M | $28.8M |
| Pre-tax income | $461.3M | $132.0M | $144.4M | $159.6M | $206.7M | $64.7M | $2.0M | $311.2M | $275.0M | $81.9M |
| Income tax | $110.9M | $33.3M | $30.8M | $36.3M | $56.5M | $6.2M | $7.0M | $63.4M | $70.0M | $29.9M |
| Net income | $342.4M | $93.1M | $109.3M | $118.5M | $144.6M | $54.4M | -$5.7M | $241.9M | $200.2M | $49.1M |
| EPS, basic | 4.49 | 1.21 | 1.38 | 1.47 | 1.74 | 0.65 | -0.07 | 2.94 | 2.45 | 0.61 |
| EPS, diluted | 4.42 | 1.20 | 1.37 | 1.46 | 1.72 | 0.65 | -0.07 | 2.90 | 2.42 | 0.61 |
| Shares, diluted (wtd. avg.) | $77.4M | $77.9M | $80.0M | $81.4M | $83.9M | $84.3M | $83.0M | $83.3M | $82.8M | $81.2M |
Balance sheet
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $95.8M | $140.5M | $128.0M | $106.0M | $85.6M | $154.0M | $606.7M | $182.0M | $556.2M | $190.6M |
| Receivables | $408.4M | $295.4M | $302.8M | $307.3M | $295.3M | $302.9M | $238.0M | $379.9M | $401.3M | $380.4M |
| Inventory | $1.11B | $538.2M | $514.6M | $557.6M | $570.8M | $476.3M | $522.4M | $571.6M | $525.5M | $487.7M |
| Total current assets | $1.77B | $1.04B | $1.00B | $1.03B | $1.02B | $1.00B | $1.44B | $1.19B | $1.55B | $1.11B |
| Property, plant and equipment | $843.6M | $919.9M | $938.1M | $969.1M | $1.00B | $1.06B | $1.04B | $934.9M | $824.2M | $744.4M |
| Goodwill | $279.2M | $282.7M | $271.6M | $269.6M | $264.2M | $277.6M | $270.6M | $300.0M | $301.8M | $301.4M |
| Other intangibles | $55.9M | $67.2M | $81.4M | $93.2M | $105.7M | $120.0M | $132.6M | $161.0M | $176.5M | $190.5M |
| Total assets | $3.17B | $2.55B | $2.50B | $2.55B | $2.57B | $2.67B | $3.04B | $2.66B | $2.93B | $2.42B |
| Accounts payable | $369.8M | $195.9M | $191.5M | $203.3M | $227.9M | $177.7M | $164.6M | $212.9M | $221.9M | $215.7M |
| Short-term debt | — | — | — | — | — | — | — | $0 | $399.3M | $0 |
| Total current liabilities | $676.7M | $422.3M | $416.0M | $434.0M | $485.6M | $437.4M | $898.1M | $461.7M | $886.5M | $461.5M |
| Total liabilities | $1.55B | $1.22B | $1.22B | $1.23B | $1.28B | $1.30B | $1.77B | $1.28B | $1.70B | $1.36B |
| Retained earnings | $1.48B | $1.20B | $1.17B | $1.12B | $1.07B | $992.6M | $1.00B | $1.08B | $900.7M | $765.6M |
| Total equity | $1.57B | $1.28B | $1.29B | $1.31B | $1.29B | $1.37B | $1.27B | $1.37B | $1.23B | $1.05B |
Cash flow
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$4.0M | $208.3M | $277.1M | $257.9M | -$181.4M | $235.7M | $223.7M | $300.5M | $277.3M | $195.3M |
| Depreciation and amortisation | $143.2M | $136.5M | $134.7M | $134.0M | $131.7M | $126.5M | $119.9M | $112.1M | $108.7M | $107.7M |
| Stock-based compensation | $34.9M | $22.1M | $24.3M | $24.7M | $21.0M | $24.8M | $16.0M | $22.8M | $20.8M | $21.1M |
| Capital expenditure | $76.9M | $89.0M | $107.6M | $94.4M | $96.9M | $127.3M | $244.2M | $212.3M | $171.0M | $118.0M |
| Investing cash flow | -$71.3M | -$61.8M | -$109.4M | -$89.2M | -$94.9M | -$123.0M | -$218.3M | -$201.5M | -$156.9M | -$112.7M |
| Financing cash flow | $31.6M | -$133.9M | -$141.7M | -$143.1M | -$150.7M | -$574.2M | $425.5M | -$471.4M | $247.2M | -$53.3M |
| Dividends paid | $60.8M | $61.9M | $63.4M | $64.5M | $66.6M | $66.7M | $66.3M | $65.7M | $65.1M | $64.1M |
| Buybacks | $10.1M | $60.1M | $65.6M | $49.3M | $85.5M | $197.0K | $209.0K | $214.0K | $217.0K | $241.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-056143.