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KM

Kennametal Inc.

KMTIndustrialsNASDAQ

Tools & Accessories · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$1.97B
-3.9% YoY
Net Income
$93.1M
-14.8% YoY
EBITDA
$293.4M
-4.0% YoY
Free Cash Flow
$74.8M

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About Kennametal Inc.

Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide. At a $2.56B market cap, Kennametal Inc. ranks as a mid-cap company within industrials. It operates through two segments, Metal Cutting and Infrastructure.

Key stats
Market Cap$2.56B
P/E (TTM)18.85
Fwd P/E8.62
EPS$1.78
Beta1.44
52W Change+55.0%
Dividend Yield2.38%
ROE10.8%
Analysis

On the balance sheet, KMT has $106.8M in cash with $659.6M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $74.8M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 10.8% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $2.01B (2022) to $1.97B (2025).

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing KMT.

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