Financials · KMT

Kennametal Inc. (KMT) financials

For the twelve months ended Sep 30, 2026, Kennametal Inc. reported $2.63B of revenue and $590.68M of net income.

Revenue, TTM
$2.63B
Revenue growth, YoY
+32.5%
Net income, TTM
$590.68M
Net income growth, YoY
+526.4%
Net margin
22.5%
Free cash flow, TTM
-$287.48M
EPS, diluted, TTM
$7.60
EPS growth, YoY
+523.0%
Cash
$272.76M
Total debt
$1.09B
P/E
3.00
P/S
0.67
Market cap
$1.77B
Annual revenue$2.36B
FY2017FY2026
Annual net income$342.39M
FY2017FY2026
Annual free cash flow-$80.91M
FY2017FY2026

KMT revenue and earnings growth

KMT revenueQ1 2027$768.19M

Quarter YoY
+54.3%
QoQ
+4.3%
FY YoY
+19.8%
5Y CAGR
+5.1%
10Y CAGR
+1.2%

KMT revenue was $768.19M in fiscal Q1 2027 (ended Sep 30, 2026), up 54.3% from a year earlier and up 4.3% from the prior quarter. For the full fiscal 2026 it was $2.36B, up 19.8% from fiscal 2025. Compound annual growth was +5.1% over 5 years and +1.2% over 10 years. It rose in 5 of the last 10 fiscal years.

KMT net incomeQ1 2027$271.58M

Quarter YoY
12x
QoQ
+19.7%
FY YoY
+267.7%
5Y CAGR
+44.5%

KMT net income was $271.58M in fiscal Q1 2027 (ended Sep 30, 2026), up about 12-fold from a year earlier and up 19.7% from the prior quarter. For the full fiscal 2026 it was $342.39M, up 267.7% from fiscal 2025. Compound annual growth was +44.5% over 5 years. It rose in 2 of the last 5 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

KMT EPSQ1 2027$3.48

Quarter YoY
12x
QoQ
+18.8%
FY YoY
+268.3%
5Y CAGR
+46.7%

KMT diluted EPS was $3.48 in fiscal Q1 2027 (ended Sep 30, 2026), up about 12-fold from a year earlier and up 18.8% from the prior quarter. For the full fiscal 2026 it was $4.42, up 268.3% from fiscal 2025. Compound annual growth was +46.7% over 5 years.

KMT free cash flowQ1 2027-$212.06M

KMT free cash flow was -$212.06M in fiscal Q1 2027 (ended Sep 30, 2026), compared with -$5.50M a year earlier. For the full fiscal 2026 it was -$80.91M, compared with $119.35M in fiscal 2025.

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Income statement

Income statement
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
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$969.96M$598.07M$627.09M$646.44M$647.98M$552.48M$529.47M$831.50M$820.12M$644.92M
Research and development$43.20M$44.40M$44.20M$43.10M$42.10M$39.50M$38.70M$39.00M$38.90M$38.00M
Selling, general and admin$478.99M$430.83M$433.16M-------
Operating income$472.53M$143.12M$170.22M$192.42M$218.14M$102.17M$22.25M$328.85M$290.30M$94.75M
Interest expense$28.56M$24.93M$26.47M$28.50M$25.91M$46.38M$35.15M$32.99M$30.08M$28.84M
Pre-tax income$461.33M$132.00M$144.45M$159.62M$206.73M$64.66M$1.96M$311.24M$275.04M$81.88M
Income tax$110.92M$33.30M$30.81M$36.26M$56.53M$6.24M$7.01M$63.36M$69.98M$29.89M
Net income$342.39M$93.13M$109.32M$118.46M$144.62M$54.43M-$5.66M$241.93M$200.18M$49.14M
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
Diluted shares77.4M77.9M80.0M81.4M83.9M84.3M83.0M83.3M82.8M81.2M

Balance sheet

Balance sheet
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Cash and equivalents$95.79M$140.54M$127.97M$106.02M$85.59M$154.05M$606.68M$182.01M$556.15M$190.63M
Receivables$408.44M$295.40M$302.81M$307.31M$295.35M$302.94M$237.98M$379.86M$401.29M$380.43M
Inventory$1.11B$538.24M$514.63M$557.63M$570.84M$476.35M$522.45M$571.58M$525.47M$487.68M
Current assets$1.77B$1.04B$1.00B$1.03B$1.02B$1.00B$1.44B$1.19B$1.55B$1.11B
Goodwill$279.21M$282.73M$271.57M$269.55M$264.23M$277.62M$270.58M$300.01M$301.80M$301.37M
Total assets$3.17B$2.55B$2.50B$2.55B$2.57B$2.67B$3.04B$2.66B$2.93B$2.42B
Current liabilities$676.71M$422.33M$415.96M$433.98M$485.65M$437.39M$898.08M$461.73M$886.53M$461.48M
Short-term debt-------$0$399.27M$0
Long-term debt$685.28M$596.79M$595.98M$595.17M$594.36M$592.11M$594.08M$592.47M$591.50M$694.99M
Total debt$685.28M$596.79M$595.98M$595.17M$594.36M$592.11M$594.08M$592.47M$990.77M$694.99M
Total liabilities$1.55B$1.22B$1.22B$1.23B$1.28B$1.30B$1.77B$1.28B$1.70B$1.36B
Shareholders' equity$1.57B$1.32B$1.29B$1.31B$1.29B$1.37B$1.27B$1.37B$1.23B$1.05B

Cash flow

Cash flow
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Operating cash flow-$4.01M$208.32M$277.11M$257.94M-$181.44M$235.68M$223.74M$300.52M$277.30M$195.34M
Capital expenditures$76.91M$88.97M$107.56M$94.39M$96.92M$127.30M$244.15M$212.34M$171.00M$118.02M
Free cash flow-$80.91M$119.35M$169.55M$163.56M-$278.37M$108.38M-$20.41M$88.18M$106.30M$77.32M
Investing cash flow-$71.30M-$61.83M-$109.43M-$89.23M-$94.94M-$122.98M-$218.34M-$201.48M-$156.87M-$112.75M
Financing cash flow$31.63M-$133.92M-$141.75M-$143.11M-$150.74M-$574.25M$425.45M-$471.43M$247.20M-$53.28M
Dividends paid$60.85M$61.85M$63.43M$64.52M$66.56M$66.73M$66.30M$65.75M$65.10M$64.13M
Share repurchases$10.11M$60.12M$65.57M$49.29M$85.54M$197.0K$209.0K$214.0K$217.0K$241.0K
Stock-based compensation$34.85M$22.11M$24.34M$24.66M$20.98M$24.80M$16.05M$22.84M$20.83M$21.07M
Depreciation and amortization$143.16M$136.50M$134.69M$134.03M$131.68M$126.49M$119.86M$112.05M$108.68M$107.66M

Key ratios

Key ratios
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Jun 30, 2022
Jun 30, 2021
Jun 30, 2020
Jun 30, 2019
Jun 30, 2018
Jun 30, 2017
Revenue growth, YoY19.8%-3.9%-1.5%3.3%9.3%-2.3%-20.6%0.3%15.0%-1.9%
Net income growth, YoY267.7%-14.8%-7.7%-18.1%165.7%--20.9%307.4%-
EPS growth, YoY268.3%-12.4%-6.2%-15.1%164.6%--19.8%296.7%-
Gross margin41.2%30.4%30.6%31.1%32.2%30.0%28.1%35.0%34.6%31.3%
Operating margin20.1%7.3%8.3%9.3%10.8%5.5%1.2%13.8%12.3%4.6%
Net margin14.5%4.7%5.3%5.7%7.2%3.0%-0.3%10.2%8.5%2.4%
Free cash flow margin-3.4%6.1%8.3%7.9%-13.8%5.9%-1.1%3.7%4.5%3.8%
Return on equity21.8%7.0%8.5%9.0%11.2%4.0%-0.4%17.6%16.3%4.7%
Return on assets10.8%3.7%4.4%4.7%5.6%2.0%-0.2%9.1%6.8%2.0%
Current ratio2.622.462.412.372.112.301.602.581.742.41
Debt to equity0.440.450.460.450.460.430.470.430.810.66

Source: XBRL data Kennametal Inc. files with the SEC, latest filing dated Nov 4, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

KMT peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
KMT$2.63B+32.5%$590.68M22.5%$1.77B
ASML€32.67B+15.6%€9.61B29.4%$549.12B
TMO$47.35B+8.3%$7.07B14.9%$257.42B
LRCX$26.13B+33.4%$8.45B32.3%$250.38B
DE$47.98B+8.0%$4.87B10.2%$181.09B
DHR$25.61B+5.5%$4.33B16.9%$161.98B
ETN$31.98B+20.1%$3.90B12.2%$132.76B
JCI$24.43B+5.1%$3.53B14.5%$81.79B
ITW$16.65B+4.8%$3.23B19.4%$79.84B

KMT FAQ

9 questions
  • What is KMT revenue?
    Kennametal Inc. (KMT) reported $2.63B of revenue for the twelve months ended Sep 30, 2026. That is up 32.5% from the year before. Revenue for fiscal 2026 was $2.36B.
  • Is KMT profitable?
    Yes. Kennametal Inc. earned $590.68M in net income for the twelve months ended Sep 30, 2026, a net margin of 22.5%.
  • How much cash and debt does KMT have?
    Kennametal Inc. reported $272.76M in cash and cash equivalents and $1.09B of debt on its most recent balance sheet in SEC filings.
  • How fast is KMT revenue growing?
    Kennametal Inc.'s revenue changed +19.8% in fiscal 2026, to $2.36B. Its compound annual growth rate was +5.1% over 5 years and +1.2% over 10 years.
  • What is KMT gross margin?
    Kennametal Inc.'s gross profit was $1.33B on $2.63B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 50.6%.
  • What is KMT free cash flow?
    Kennametal Inc. generated -$287.48M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$222.75M less capital expenditures.
  • What is KMT earnings per share?
    Diluted earnings per share were $7.60 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did KMT last report financial results?
    The latest statements here come from Kennametal Inc.'s 10-Q filed on Nov 4, 2026, covering the period ended Sep 30, 2026.
  • Where does this KMT financial data come from?
    Quantisnow builds these statements from the structured XBRL data Kennametal Inc. files with the SEC. It is provided for information only and is not investment advice.