Kennametal (KMT) Financials

$19.03 -0.04 (-0.21%)

As of 03:03 PM Eastern

Annual Income Statements for Kennametal

This table shows Kennametal's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	158	-374	-226	49	200	242	-5.66	54	145	118	109
Consolidated Net Income / (Loss)	162	-371	-224	52	205	248	-5.05	58	150	123	114
Net Income / (Loss) Continuing Operations	162	-371	-224	52	205	248	7.99	58	150	123	114
Total Pre-Tax Income	229	-388	-199	82	275	311	1.96	65	207	160	144
Total Operating Income	263	-358	-43	95	290	329	22	102	218	192	170
Total Gross Profit	897	806	616	645	820	831	529	552	648	646	627
Total Revenue	2,837	2,647	2,098	2,058	2,368	2,375	1,885	1,841	2,012	2,078	2,047
Operating Revenue	2,837	2,647	2,098	2,058	2,368	2,375	1,885	1,841	2,012	2,078	2,047
Total Cost of Revenue	1,940	1,841	1,482	1,413	1,548	1,544	1,356	1,289	1,364	1,432	1,420
Operating Cost of Revenue	1,940	1,841	1,482	1,413	1,548	1,544	1,356	1,289	1,364	1,432	1,420
Total Operating Expenses	634	1,164	660	550	530	503	494	450	431	454	457
Selling, General & Admin Expense	590	555	495	469	-	-	388	407	419	437	433
Amortization Expense	26	27	21	17	15	14	14	14	13	13	12
Restructuring Charge	18	582	144	65	12	14	68	29	-1.24	4.11	12
Total Other Income / (Expense), net	-35	-30	-155	-13	-15	-18	-20	-38	-10	-33	-26
Interest Expense	32	31	28	29	30	33	35	46	26	28	26
Other Income / (Expense), net	-2.17	1.67	-127	16	15	15	15	8.87	16	-4.30	0.70
Income Tax Expense	67	-17	25	30	70	63	7.01	6.24	57	36	31
Net Income / (Loss) Attributable to Noncontrolling Interest	3.83	2.94	2.08	2.84	4.88	5.95	0.61	3.98	5.58	4.91	4.32
Basic Earnings per Share	$2.01	($4.71)	($2.83)	$0.61	$2.45	$2.94	($0.07)	$0.65	$1.74	$1.47	$1.38
Weighted Average Basic Shares Outstanding	78.68M	79.34M	79.84M	80.35M	81.54M	82.38M	83.05M	83.60M	83.25M	80.80M	79.39M
Diluted Earnings per Share	$1.99	($4.71)	($2.83)	$0.61	$2.42	$2.90	($0.07)	$0.65	$1.72	$1.46	$1.37
Weighted Average Diluted Shares Outstanding	79.67M	79.34M	79.84M	81.17M	82.75M	83.29M	83.05M	84.33M	83.94M	81.40M	79.97M
Weighted Average Basic & Diluted Shares Outstanding	78.80M	79.40M	79.80M	80.60M	81.70M	82.46M	82.93M	83.62M	81.34M	79.71M	77.90M
Cash Dividends to Common per Share	$0.72	$0.72	$0.80	$0.80	$0.80	$0.00	$0.00	$0.80	$0.80	$0.80	$0.80

This table shows Kennametal's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Net Income / (Loss) Attributable to Common Shareholders	-	28	22	32	36	30	23	19	37	22	18
Consolidated Net Income / (Loss)	-	30	23	33	38	30	24	21	38	23	19
Net Income / (Loss) Continuing Operations	-	30	20	31	43	30	24	21	38	23	19
Total Pre-Tax Income	-	41	28	44	47	38	22	29	55	31	27
Total Operating Income	-	49	35	52	56	45	28	35	61	36	32
Total Gross Profit	-	160	143	168	176	163	140	153	171	151	145
Total Revenue	-	495	497	536	550	492	495	516	543	482	482
Operating Revenue	-	495	497	536	550	492	495	516	543	482	482
Total Cost of Revenue	-	335	354	368	375	330	356	363	372	331	337
Operating Cost of Revenue	-	335	354	368	375	330	356	363	372	331	337
Total Operating Expenses	-	111	110	117	115	118	111	118	110	115	113
Selling, General & Admin Expense	-	108	106	113	110	112	107	109	105	112	109
Amortization Expense	-	3.16	3.15	3.16	3.15	3.05	2.74	2.89	2.88	2.72	2.72
Restructuring Charge	-	0.00	1.51	0.99	1.61	3.09	1.03	6.47	1.57	0.61	1.34
Total Other Income / (Expense), net	-	-7.65	-7.60	-8.73	-8.81	-6.69	-6.16	-6.70	-6.22	-4.66	-4.70
Interest Expense	-	6.64	7.02	7.75	7.10	6.60	6.85	6.78	6.25	6.31	6.18
Other Income / (Expense), net	-	-1.01	-0.59	-0.99	-1.72	-0.09	0.69	0.08	0.03	1.66	1.48
Income Tax Expense	-	11	4.96	11	9.38	8.06	-2.01	7.82	17	7.91	7.93
Net Income / (Loss) Attributable to Noncontrolling Interest	-	1.44	1.03	1.13	1.31	0.31	1.22	1.73	1.05	1.34	1.11
Basic Earnings per Share	-	$0.35	$0.27	$0.40	$0.45	$0.38	$0.29	$0.24	$0.47	$0.28	$0.23
Weighted Average Basic Shares Outstanding	83.25M	81.54M	80.74M	80.61M	80.80M	80.03M	79.70M	79.23M	79.39M	78.07M	77.72M
Diluted Earnings per Share	-	$0.34	$0.27	$0.39	$0.46	$0.37	$0.29	$0.24	$0.47	$0.28	$0.23
Weighted Average Diluted Shares Outstanding	83.94M	82.17M	81.24M	81.28M	81.40M	80.70M	80.11M	79.85M	79.97M	78.66M	78.38M
Weighted Average Basic & Diluted Shares Outstanding	81.34M	-	80.53M	80.28M	79.71M	79.60M	79.27M	78.67M	77.90M	77.73M	77.36M
Cash Dividends to Common per Share	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20

This table details how cash moves in and out of Kennametal's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-199	-72	56	29	366	-374	412	-453	-68	11	23
Net Cash From Operating Activities	272	351	222	195	277	301	224	236	-181	258	277
Net Cash From Continuing Operating Activities	272	351	222	195	277	301	211	236	187	244	274
Net Income / (Loss) Continuing Operations	162	-371	-224	52	205	248	-5.05	58	150	123	114
Consolidated Net Income / (Loss)	162	-371	-224	52	205	248	-5.05	58	150	123	114
Depreciation Expense	104	105	97	91	94	98	106	112	119	121	123
Amortization Expense	26	27	21	17	15	14	14	14	13	13	12
Non-Cash Adjustments To Reconcile Net Income	23	567	262	23	25	25	46	46	22	22	35
Changes in Operating Assets and Liabilities, net	-44	24	67	13	-62	-85	50	4.49	-117	-35	-9.12
Net Cash From Investing Activities	-740	-85	-48	-113	-157	-201	-218	-123	-95	-89	-109
Net Cash From Continuing Investing Activities	-740	-85	-48	-113	-157	-201	-218	-123	-95	-89	-109
Purchase of Property, Plant & Equipment	-117	-101	-111	-118	-171	-212	-244	-127	-97	-94	-108
Acquisitions	-635	-	-	-	-	-	-	-	0.00	0.00	-4.01
Sale of Property, Plant & Equipment	1.24	16	5.98	5.02	14	11	2.62	4.37	0.92	5.03	5.43
Divestitures	10	0.00	56	-	0.00	0.00	24	0.00	1.00	0.00	0.00
Other Investing Activities, net	0.36	0.26	0.66	0.25	-0.23	-0.38	-0.76	-0.05	0.06	0.13	-3.28
Net Cash From Financing Activities	270	-333	-114	-53	247	-471	425	-574	-151	-143	-142
Net Cash From Continuing Financing Activities	270	-333	-114	-53	247	-471	425	-574	-151	-143	-142
Repayment of Debt	-455	-379	-101	-33	-1.82	-401	497	-816	-11	-23	-2.76
Repurchase of Common Equity	-14	-0.32	-0.30	-0.24	-0.22	-0.21	-0.21	-0.20	-86	-49	-66
Payment of Dividends	-30	-43	-62	-46	-47	-70	-72	-66	-73	-71	-73

This table details how cash moves in and out of Kennametal's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Net Change in Cash & Equivalents	-14	-21	12	17	3.56	-11	-4.36	1.38	37	-8.38	1.56
Net Cash From Operating Activities	-274	-11	63	74	132	26	63	75	114	46	55
Net Cash From Continuing Operating Activities	90	-11	63	74	118	26	63	75	111	46	55
Net Income / (Loss) Continuing Operations	43	30	23	33	38	30	24	21	38	23	19
Consolidated Net Income / (Loss)	43	30	23	33	38	30	24	21	38	23	19
Depreciation Expense	31	29	31	31	30	30	30	31	32	31	31
Amortization Expense	3.24	3.16	3.15	3.16	3.15	3.05	2.74	2.89	2.88	2.72	2.72
Non-Cash Adjustments To Reconcile Net Income	3.20	5.88	8.30	6.06	1.45	17	13	15	-9.66	5.29	5.20
Changes in Operating Assets and Liabilities, net	9.93	-79	-2.59	0.60	46	-56	-7.16	6.30	47	-17	-3.09
Net Cash From Investing Activities	-37	-29	-19	-18	-23	-29	-28	-30	-23	-20	-17
Net Cash From Continuing Investing Activities	-37	-29	-19	-18	-23	-29	-28	-30	-23	-20	-17
Purchase of Property, Plant & Equipment	-37	-29	-21	-20	-23	-32	-26	-27	-23	-25	-19
Sale of Property, Plant & Equipment	0.16	0.20	2.26	2.31	0.26	3.05	2.16	0.06	0.16	0.09	0.31
Other Investing Activities, net	-0.00	-0.01	0.10	0.01	0.03	0.03	-0.14	-3.01	-0.15	4.70	2.27
Net Cash From Financing Activities	-63	23	-34	-39	-93	-6.05	-40	-42	-53	-36	-32
Net Cash From Continuing Financing Activities	-70	23	-34	-39	-93	-6.05	-40	-42	-53	-36	-32
Repayment of Debt	-2.93	2.63	-3.40	-0.79	-22	7.22	-5.77	1.82	-6.03	0.03	-0.63
Repurchase of Common Equity	-35	-19	-11	-7.49	-12	-14	-15	-15	-22	-15	-15
Payment of Dividends	-23	-21	-17	-16	-16	-23	-17	-16	-18	-21	-16
Other Net Changes in Cash	-	-4.10	2.01	0.02	-	-1.86	1.18	-1.91	-	2.18	-5.26

This table presents Kennametal's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	3,868	2,850	2,363	2,415	2,926	2,656	3,038	2,666	2,574	2,547	2,504
Total Current Assets	1,525	1,259	1,075	1,114	1,546	1,191	1,441	1,005	1,025	1,027	1,003
Cash & Equivalents	178	105	162	191	556	182	607	-	86	106	128
Accounts Receivable	532	445	371	380	401	380	238	303	295	307	303
Inventories, net	704	576	459	488	525	572	522	476	571	558	515
Other Current Assets	64	60	57	55	63	57	74	71	73	56	57
Plant, Property, & Equipment, net	884	816	731	744	824	935	1,038	1,055	1,002	969	938
Plant, Property & Equipment, gross	2,076	1,975	1,865	1,928	2,054	2,156	2,274	2,373	2,315	2,368	2,407
Accumulated Depreciation	1,192	1,159	1,135	1,183	1,230	1,221	1,236	1,318	1,313	1,399	1,469
Total Noncurrent Assets	1,458	775	557	557	555	531	559	606	547	551	563
Goodwill	976	417	298	301	302	300	271	278	264	270	272
Intangible Assets	343	287	207	191	176	161	133	120	106	93	81
Noncurrent Deferred & Refundable Income Taxes	41	24	14	28	17	21	47	59	55	66	79
Other Noncurrent Operating Assets	98	47	37	13	18	17	65	60	56	53	131
Total Liabilities & Shareholders' Equity	3,868	2,850	2,363	2,415	2,926	2,656	3,038	2,666	2,574	2,547	2,504
Total Liabilities	1,906	1,474	1,367	1,363	1,695	1,282	1,769	1,298	1,282	1,233	1,215
Total Current Liabilities	563	483	427	461	887	462	898	437	486	434	416
Short-Term Debt	80	16	1.90	0.93	400	-	500	8.37	21	0.69	1.38
Accounts Payable	207	187	182	216	222	213	165	178	228	203	192
Accrued Expenses	38	27	25	18	18	17	16	17	15	15	53
Current Deferred & Payable Income Tax Liabilities	17	25	17	6.20	19	29	28	18	29	25	13
Other Current Liabilities	159	179	152	153	151	143	158	172	151	149	157
Total Noncurrent Liabilities	1,344	991	940	901	809	820	871	860	797	799	799
Long-Term Debt	982	736	694	695	592	592	594	592	594	595	596
Noncurrent Deferred Revenue	21	3.00	3.10	2.64	6.25	9.04	9.58	4.25	6.37	1.45	1.48
Noncurrent Deferred & Payable Income Tax Liabilities	118	60	17	15	27	23	22	24	32	32	36
Noncurrent Employee Benefit Liabilities	181	163	201	161	160	174	175	171	113	116	110
Other Noncurrent Operating Liabilities	42	30	24	28	25	21	70	69	51	55	56
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,962	1,375	996	1,053	1,230	1,375	1,269	1,368	1,291	1,314	1,289
Total Preferred & Common Equity	1,929	1,346	964	1,017	1,194	1,335	1,230	1,330	1,253	1,275	1,250
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,929	1,346	964	1,017	1,194	1,335	1,230	1,330	1,253	1,275	1,250
Common Stock	494	519	536	575	614	632	642	667	596	565	514
Retained Earnings	1,501	1,070	781	766	901	1,077	1,005	993	1,071	1,125	1,170
Accumulated Other Comprehensive Income / (Loss)	-66	-244	-353	-324	-320	-374	-417	-330	-414	-414	-435
Noncontrolling Interest	32	30	31	35	36	40	39	39	39	39	39

This table presents Kennametal's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Total Assets	2,660	2,579	2,604	2,513	2,544	2,519	2,522	2,436
Total Current Assets	1,043	1,048	1,079	1,011	1,010	1,000	1,004	969
Cash & Equivalents	100	77	93	95	91	92	120	121
Accounts Receivable	312	291	314	289	291	303	282	254
Inventories, net	562	606	595	570	571	548	543	537
Other Current Assets	70	75	77	56	58	57	58	57
Plant, Property, & Equipment, net	1,012	982	975	958	961	948	942	910
Plant, Property & Equipment, gross	2,354	2,341	2,358	2,367	2,416	2,413	2,460	2,414
Accumulated Depreciation	1,342	1,359	1,383	1,409	1,455	1,465	1,518	1,504
Total Noncurrent Assets	604	549	550	544	573	571	576	557
Goodwill	271	267	269	267	276	272	277	269
Intangible Assets	110	99	97	90	88	84	79	76
Noncurrent Deferred & Refundable Income Taxes	56	57	57	64	74	72	83	79
Other Noncurrent Operating Assets	167	125	127	123	135	143	137	134
Total Liabilities & Shareholders' Equity	2,660	2,579	2,604	2,513	2,544	2,519	2,522	2,436
Total Liabilities	1,298	1,289	1,287	1,214	1,216	1,213	1,204	1,176
Total Current Liabilities	460	494	489	420	414	413	398	382
Short-Term Debt	29	79	64	31	23	12	1.43	1.37
Accounts Payable	198	207	197	197	193	193	202	199
Accrued Expenses	51	42	47	42	42	45	44	38
Current Deferred & Payable Income Tax Liabilities	37	41	42	19	15	14	12	11
Other Current Liabilities	146	126	139	130	141	149	139	134
Total Noncurrent Liabilities	837	795	799	794	802	800	806	793
Long-Term Debt	593	595	595	595	596	596	596	596
Noncurrent Deferred Revenue	3.66	0.36	0.00	1.55	1.51	1.49	1.80	1.68
Noncurrent Deferred & Payable Income Tax Liabilities	24	32	33	31	32	32	37	35
Noncurrent Employee Benefit Liabilities	159	115	117	113	117	114	114	107
Other Noncurrent Operating Liabilities	58	53	54	53	56	56	56	53
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,362	1,289	1,316	1,299	1,328	1,306	1,318	1,260
Total Preferred & Common Equity	1,320	1,250	1,276	1,260	1,288	1,265	1,277	1,220
Preferred Stock	5.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,320	1,250	1,276	1,260	1,288	1,265	1,277	1,220
Common Stock	628	574	571	553	543	534	501	491
Retained Earnings	1,045	1,088	1,104	1,139	1,146	1,149	1,177	1,179
Accumulated Other Comprehensive Income / (Loss)	-353	-412	-399	-432	-401	-419	-401	-450
Noncontrolling Interest	42	39	40	38	40	41	41	40

This table displays calculated financial ratios and metrics derived from Kennametal's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.57%	-6.70%	-20.73%	-1.91%	15.04%	0.31%	-20.63%	-2.33%	9.29%	3.27%	-1.51%
EBITDA Growth	-3.86%	-157.34%	76.23%	509.30%	89.49%	10.27%	-65.60%	51.31%	53.81%	-11.82%	-5.13%
EBIT Growth	-11.16%	-236.32%	52.04%	164.82%	175.59%	12.82%	-89.22%	199.17%	110.43%	-19.49%	-9.14%
NOPAT Growth	-18.82%	-234.13%	87.85%	297.65%	259.80%	21.01%	-121.88%	261.09%	71.70%	-6.17%	-9.95%
Net Income Growth	-21.61%	-328.71%	39.65%	123.22%	294.50%	20.88%	-102.04%	1,257.46%	157.12%	-17.87%	-7.88%
EPS Growth	-21.03%	-336.68%	39.92%	121.55%	296.72%	19.83%	-102.41%	1,028.57%	164.62%	-15.12%	-6.16%
Operating Cash Flow Growth	-4.32%	29.27%	-36.69%	-12.20%	41.96%	8.37%	-25.55%	5.34%	-176.99%	242.16%	7.43%
Free Cash Flow Firm Growth	-306.92%	220.45%	-19.58%	-91.57%	161.24%	40.49%	-120.12%	219.30%	343.82%	9.22%	8.45%
Invested Capital Growth	30.37%	-28.96%	-24.32%	1.39%	7.41%	7.16%	-1.60%	3.31%	0.36%	-0.94%	-2.55%
Revenue Q/Q Growth	3.68%	-4.84%	-5.26%	2.17%	3.55%	-1.74%	-10.66%	8.03%	0.00%	0.00%	-0.34%
EBITDA Q/Q Growth	-1.32%	-23.58%	-34.17%	5.63%	16.21%	-1.52%	-29.67%	20.46%	179.94%	138.40%	3.15%
EBIT Q/Q Growth	-4.38%	-12.57%	-5.84%	13.15%	22.82%	-2.44%	-64.50%	51.90%	0.00%	0.00%	4.41%
NOPAT Q/Q Growth	-7.35%	-13.56%	-28.12%	206.96%	35.16%	-2.52%	-163.24%	188.68%	0.00%	0.00%	-2.02%
Net Income Q/Q Growth	-8.31%	-7.32%	-65.04%	230.95%	27.75%	-2.78%	-107.59%	320.08%	0.00%	0.00%	0.44%
EPS Q/Q Growth	-8.72%	-6.80%	-63.58%	215.09%	27.37%	-3.01%	-108.97%	441.67%	0.00%	0.00%	0.74%
Operating Cash Flow Q/Q Growth	-5.28%	3.91%	-19.76%	22.18%	2.54%	8.54%	-22.61%	8.67%	-195.74%	273.95%	-6.14%
Free Cash Flow Firm Q/Q Growth	9.17%	8.59%	17.25%	-64.96%	196.35%	14.41%	-123.18%	14.15%	317.00%	8,981.33%	-8.52%
Invested Capital Q/Q Growth	-2.15%	-6.39%	-12.20%	-1.52%	-2.06%	-3.24%	-3.04%	0.05%	-3.32%	-4.14%	-3.51%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	31.62%	30.45%	29.36%	31.33%	34.64%	35.01%	28.08%	30.00%	32.20%	31.11%	30.64%
EBITDA Margin	13.80%	-8.48%	-2.54%	10.61%	17.48%	19.21%	8.33%	12.90%	18.15%	15.50%	14.93%
Operating Margin	9.29%	-13.52%	-2.07%	4.60%	12.26%	13.85%	1.18%	5.55%	10.84%	9.26%	8.32%
EBIT Margin	9.21%	-13.45%	-8.14%	5.38%	12.89%	14.49%	1.97%	6.03%	11.61%	9.05%	8.35%
Profit (Net Income) Margin	5.72%	-14.01%	-10.67%	2.53%	8.66%	10.44%	-0.27%	3.17%	7.46%	5.94%	5.55%
Tax Burden Percent	70.89%	95.70%	112.75%	63.49%	74.56%	79.64%	-257.50%	90.34%	72.65%	77.29%	78.67%
Interest Burden Percent	87.58%	108.84%	116.25%	73.95%	90.14%	90.42%	5.28%	58.23%	88.48%	84.85%	84.51%
Effective Tax Rate	29.11%	0.00%	0.00%	36.51%	25.44%	20.36%	357.50%	9.66%	27.35%	22.71%	21.33%
Return on Invested Capital (ROIC)	7.43%	-10.29%	-1.71%	3.91%	13.46%	15.18%	-3.24%	5.17%	8.72%	8.20%	7.52%
ROIC Less NNEP Spread (ROIC-NNEP)	3.51%	-26.05%	-34.51%	2.32%	11.02%	11.86%	8.40%	-2.09%	7.02%	3.23%	3.29%
Return on Net Nonoperating Assets (RNNOA)	1.17%	-11.94%	-17.17%	1.17%	4.51%	3.85%	2.85%	-0.74%	2.58%	1.27%	1.21%
Return on Equity (ROE)	8.60%	-22.23%	-18.88%	5.08%	17.96%	19.03%	-0.38%	4.43%	11.30%	9.47%	8.73%
Cash Return on Invested Capital (CROIC)	-18.94%	23.56%	25.97%	2.52%	6.31%	8.27%	-1.62%	1.92%	8.36%	9.15%	10.10%
Operating Return on Assets (OROA)	7.29%	-10.60%	-6.55%	4.63%	11.43%	12.33%	1.30%	3.89%	8.92%	7.35%	6.77%
Return on Assets (ROA)	4.52%	-11.04%	-8.59%	2.18%	7.68%	8.88%	-0.18%	2.05%	5.73%	4.82%	4.50%
Return on Common Equity (ROCE)	8.45%	-21.82%	-18.40%	4.91%	17.40%	18.48%	-0.37%	4.30%	10.97%	9.19%	8.47%
Return on Equity Simple (ROE_SIMPLE)	8.41%	-27.56%	-23.22%	5.11%	17.17%	18.57%	-0.41%	4.39%	11.99%	9.67%	9.09%
Net Operating Profit after Tax (NOPAT)	187	-250	-30	60	216	262	-57	92	158	149	134
NOPAT Margin	6.58%	-9.46%	-1.45%	2.92%	9.14%	11.03%	-3.04%	5.01%	7.88%	7.16%	6.54%
Net Nonoperating Expense Percent (NNEP)	3.92%	15.76%	32.80%	1.58%	2.44%	3.32%	-11.63%	7.25%	1.70%	4.97%	4.23%
Cost of Revenue to Revenue	68.38%	69.55%	70.64%	68.67%	65.36%	64.99%	71.92%	70.00%	67.80%	68.89%	69.36%
SG&A Expenses to Revenue	20.79%	20.96%	23.59%	22.76%	0.00%	0.00%	20.60%	22.12%	20.83%	21.04%	21.16%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	22.33%	43.96%	31.43%	26.73%	22.38%	21.16%	26.21%	24.45%	21.41%	21.85%	22.32%
Earnings before Interest and Taxes (EBIT)	261	-356	-171	111	305	344	37	111	234	188	171
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	391	-224	-53	218	414	456	157	238	365	322	306
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.45	1.57	1.48	2.46	2.08	1.97	1.72	2.05	1.43	1.72	1.47
Price to Tangible Book Value (P/TBV)	4.57	3.30	3.11	4.76	3.46	3.01	2.56	2.93	2.03	2.40	2.05
Price to Revenue (P/Rev)	0.98	0.80	0.68	1.21	1.05	1.11	1.12	1.48	0.89	1.05	0.90
Price to Earnings (P/E)	17.62	0.00	0.00	50.85	12.38	10.88	0.00	50.17	12.37	18.49	16.80
Dividend Yield	2.03%	2.70%	4.47%	2.58%	2.63%	2.50%	3.14%	2.45%	3.69%	2.93%	3.43%
Earnings Yield	5.67%	0.00%	0.00%	1.97%	8.08%	9.19%	0.00%	1.99%	8.08%	5.41%	5.95%
Enterprise Value to Invested Capital (EV/IC)	1.30	1.38	1.30	1.96	1.77	1.73	1.50	1.77	1.29	1.51	1.33
Enterprise Value to Revenue (EV/Rev)	1.31	1.05	0.95	1.48	1.25	1.30	1.40	1.75	1.17	1.31	1.15
Enterprise Value to EBITDA (EV/EBITDA)	9.47	0.00	0.00	13.92	7.13	6.76	16.82	13.54	6.45	8.44	7.67
Enterprise Value to EBIT (EV/EBIT)	14.19	0.00	0.00	27.45	9.67	8.96	71.14	28.97	10.09	14.45	13.72
Enterprise Value to NOPAT (EV/NOPAT)	19.85	0.00	0.00	50.53	13.63	11.77	0.00	34.84	14.88	18.28	17.51
Enterprise Value to Operating Cash Flow (EV/OCF)	13.63	7.94	8.95	15.56	10.64	10.26	11.80	13.65	0.00	10.54	8.46
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	4.87	4.32	78.21	29.06	21.62	0.00	93.97	15.52	16.39	13.03
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.54	0.55	0.70	0.66	0.81	0.43	0.86	0.44	0.48	0.45	0.46
Long-Term Debt to Equity	0.50	0.54	0.70	0.66	0.48	0.43	0.47	0.43	0.46	0.45	0.46
Financial Leverage	0.33	0.46	0.50	0.50	0.41	0.32	0.34	0.35	0.37	0.39	0.37
Leverage Ratio	1.90	2.01	2.20	2.33	2.34	2.14	2.15	2.16	1.97	1.97	1.94
Compound Leverage Factor	1.66	2.19	2.56	1.73	2.11	1.94	0.11	1.26	1.74	1.67	1.64
Debt to Total Capital	35.12%	35.34%	41.12%	39.80%	44.63%	30.12%	46.31%	30.50%	32.28%	31.20%	31.67%
Short-Term Debt to Total Capital	2.65%	0.74%	0.11%	0.05%	18.01%	0.00%	21.17%	0.42%	1.11%	0.04%	0.07%
Long-Term Debt to Total Capital	32.47%	34.60%	41.01%	39.75%	26.62%	30.12%	25.14%	30.08%	31.17%	31.16%	31.60%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.07%	1.39%	1.86%	2.02%	1.62%	2.01%	1.65%	1.96%	2.03%	2.03%	2.05%
Common Equity to Total Capital	63.81%	63.27%	57.02%	58.18%	53.75%	67.87%	52.04%	67.54%	65.69%	66.78%	66.27%
Debt to EBITDA	2.71	-3.35	-13.03	3.19	2.40	1.30	6.97	2.53	1.68	1.85	1.95
Net Debt to EBITDA	2.26	-2.88	-10.01	2.31	1.05	0.90	3.11	1.88	1.45	1.52	1.54
Long-Term Debt to EBITDA	2.51	-3.28	-13.00	3.18	1.43	1.30	3.78	2.49	1.63	1.85	1.95
Debt to NOPAT	5.69	-3.00	-22.85	11.57	4.58	2.26	-19.10	6.51	3.88	4.01	4.46
Net Debt to NOPAT	4.73	-2.58	-17.54	8.40	2.01	1.57	-8.51	4.84	3.34	3.29	3.51
Long-Term Debt to NOPAT	5.26	-2.94	-22.79	11.55	2.73	2.26	-10.37	6.41	3.75	4.00	4.45
Altman Z-Score	2.68	2.23	2.07	2.87	2.73	3.45	2.06	2.87	2.75	3.02	2.89
Noncontrolling Interest Sharing Ratio	1.66%	1.86%	2.58%	3.26%	3.13%	2.90%	2.97%	2.94%	2.91%	2.97%	2.98%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.71	2.61	2.52	2.41	1.74	2.58	1.60	2.30	2.11	2.37	2.41
Quick Ratio	1.26	1.14	1.25	1.24	1.08	1.22	0.94	0.69	0.78	0.95	1.04
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-476	573	461	39	102	143	-29	34	152	166	180
Operating Cash Flow to CapEx	234.09%	414.35%	212.47%	172.87%	177.03%	149.44%	92.63%	191.72%	-189.00%	288.67%	271.31%
Free Cash Flow to Firm to Interest Expense	-14.67	18.22	16.61	1.35	3.37	4.32	-0.82	0.74	5.86	5.82	6.80
Operating Cash Flow to Interest Expense	8.38	11.17	8.02	6.77	9.22	9.11	6.36	5.08	-7.00	9.05	10.47
Operating Cash Flow Less CapEx to Interest Expense	4.80	8.47	4.24	2.86	4.01	3.01	-0.51	2.43	-10.71	5.92	6.61
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.79	0.79	0.81	0.86	0.89	0.85	0.66	0.65	0.77	0.81	0.81
Accounts Receivable Turnover	5.81	5.42	5.14	5.48	6.06	6.08	6.10	6.81	6.73	6.90	6.71
Inventory Turnover	3.03	2.88	2.87	2.99	3.06	2.81	2.48	2.58	2.61	2.54	2.65
Fixed Asset Turnover	3.49	3.11	2.71	2.79	3.02	2.70	1.91	1.76	1.96	2.11	2.15
Accounts Payable Turnover	9.76	9.34	8.03	7.11	7.07	7.10	7.18	7.53	6.73	6.64	7.19
Days Sales Outstanding (DSO)	62.83	67.35	70.99	66.62	60.25	60.02	59.81	53.61	54.26	52.92	54.40
Days Inventory Outstanding (DIO)	120.64	126.80	127.34	122.21	119.46	129.69	147.26	141.42	140.06	143.84	137.83
Days Payable Outstanding (DPO)	37.39	39.08	45.48	51.36	51.60	51.40	50.82	48.47	54.24	54.97	50.76
Cash Conversion Cycle (CCC)	146.08	155.07	152.86	137.47	128.11	138.31	156.25	146.56	140.08	141.80	141.47
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,845	2,021	1,530	1,551	1,666	1,785	1,757	1,815	1,821	1,804	1,758
Invested Capital Turnover	1.13	1.09	1.18	1.34	1.47	1.38	1.06	1.03	1.11	1.15	1.15
Increase / (Decrease) in Invested Capital	663	-824	-492	21	115	119	-29	58	6.58	-17	-46
Enterprise Value (EV)	3,707	2,791	1,990	3,039	2,950	3,083	2,640	3,216	2,358	2,719	2,345
Market Capitalization	2,791	2,116	1,425	2,499	2,479	2,633	2,114	2,731	1,789	2,190	1,837
Book Value per Share	$24.56	$16.98	$12.10	$12.63	$14.63	$16.21	$14.83	$15.90	$15.16	$15.89	$15.89
Tangible Book Value per Share	$7.77	$8.10	$5.76	$6.52	$8.77	$10.61	$9.97	$11.15	$10.68	$11.37	$11.40
Total Capital	3,023	2,127	1,691	1,749	2,222	1,967	2,363	1,969	1,907	1,910	1,886
Total Debt	1,062	752	695	696	992	592	1,094	600	616	596	597
Total Long-Term Debt	982	736	694	695	592	592	594	592	594	595	596
Net Debt	883	646	534	505	436	410	488	446	530	490	469
Capital Expenditures (CapEx)	116	85	105	113	157	201	242	123	96	89	102
Debt-free, Cash-free Net Working Capital (DFCFNWC)	865	686	488	463	504	547	436	422	475	487	460
Debt-free Net Working Capital (DFNWC)	1,043	792	650	653	1,060	729	1,043	576	560	594	588
Net Working Capital (NWC)	962	776	648	652	660	729	543	567	539	593	587
Net Nonoperating Expense (NNE)	25	120	193	8.18	11	14	-52	34	8.29	25	20
Net Nonoperating Obligations (NNO)	883	646	534	498	436	410	488	446	530	490	469
Total Depreciation and Amortization (D&A)	130	132	117	108	109	112	120	126	132	134	135
Debt-free, Cash-free Net Working Capital to Revenue	30.47%	25.91%	23.27%	22.48%	21.27%	23.03%	23.15%	22.90%	23.59%	23.46%	22.47%
Debt-free Net Working Capital to Revenue	36.75%	29.90%	30.97%	31.74%	44.76%	30.70%	55.33%	31.27%	27.84%	28.56%	28.73%
Net Working Capital to Revenue	33.92%	29.31%	30.88%	31.70%	27.86%	30.70%	28.79%	30.81%	26.79%	28.53%	28.66%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.01	($4.71)	($2.83)	$0.61	$2.45	$2.94	($0.07)	$0.65	$1.74	$1.47	$1.38
Adjusted Weighted Average Basic Shares Outstanding	78.68M	79.34M	79.84M	80.35M	81.54M	82.38M	83.05M	83.60M	83.25M	80.80M	79.39M
Adjusted Diluted Earnings per Share	$1.99	($4.71)	($2.83)	$0.61	$2.42	$2.90	($0.07)	$0.65	$1.72	$1.46	$1.37
Adjusted Weighted Average Diluted Shares Outstanding	79.67M	79.34M	79.84M	81.17M	82.75M	83.29M	83.05M	84.33M	83.94M	81.40M	79.97M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	78.68M	79.42M	79.70M	80.67M	81.65M	82.46M	82.93M	83.62M	81.34M	79.71M	77.90M
Normalized Net Operating Profit after Tax (NOPAT)	199	157	70	101	225	273	84	119	158	152	143
Normalized NOPAT Margin	7.02%	5.93%	3.35%	4.93%	9.52%	11.50%	4.48%	6.44%	7.83%	7.31%	7.01%
Pre Tax Income Margin	8.06%	-14.64%	-9.46%	3.98%	11.62%	13.10%	0.10%	3.51%	10.27%	7.68%	7.06%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.05	-11.32	-6.16	3.84	10.14	10.43	1.06	2.39	9.02	6.60	6.46
NOPAT to Interest Expense	5.75	-7.96	-1.10	2.09	7.20	7.94	-1.63	1.99	6.12	5.22	5.06
EBIT Less CapEx to Interest Expense	4.47	-14.01	-9.93	-0.08	4.94	4.34	-5.81	-0.26	5.31	3.47	2.60
NOPAT Less CapEx to Interest Expense	2.18	-10.66	-4.87	-1.83	1.99	1.84	-8.50	-0.66	2.41	2.08	1.20
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	18.35%	-11.63%	-27.86%	88.13%	22.98%	28.44%	-1,421.97%	112.83%	48.92%	57.20%	64.60%
Augmented Payout Ratio	27.08%	-11.71%	-27.99%	88.59%	23.09%	28.52%	-1,426.11%	113.17%	105.87%	97.15%	122.30%

This table displays calculated financial ratios and metrics derived from Kennametal's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	2.15%	4.64%	0.00%	-0.47%	-0.36%	-3.78%	-1.26%	-2.14%	-2.68%
EBITDA Growth	-63.05%	-11.40%	33.95%	-6.00%	156.46%	-2.00%	-10.90%	-19.53%	10.72%	-9.29%	8.41%
EBIT Growth	-100.00%	-18.17%	-28.25%	-11.07%	0.00%	-5.24%	-16.44%	-31.43%	13.30%	-16.31%	13.64%
NOPAT Growth	-100.00%	-11.69%	-15.29%	3.72%	0.00%	1.35%	6.41%	-35.53%	-5.03%	-24.42%	-27.98%
Net Income Growth	0.00%	0.00%	-29.95%	-10.34%	0.00%	2.47%	6.12%	-37.37%	1.31%	-22.73%	-21.75%
EPS Growth	0.00%	0.00%	-27.03%	-7.14%	0.00%	8.82%	7.41%	-38.46%	2.17%	-24.32%	-20.69%
Operating Cash Flow Growth	-384.47%	0.00%	0.00%	109.19%	148.01%	339.22%	-1.04%	2.01%	-13.75%	77.92%	-11.89%
Free Cash Flow Firm Growth	59.81%	73,492.66%	-85.38%	230.66%	1,042.27%	-195.18%	1,983.62%	106.26%	42.85%	103.41%	133.52%
Invested Capital Growth	0.36%	-100.00%	1.41%	-0.10%	-0.94%	0.00%	-1.58%	-3.19%	-2.55%	-1.87%	-6.44%
Revenue Q/Q Growth	0.00%	0.00%	0.47%	7.83%	2.65%	-10.50%	0.58%	4.13%	5.33%	-11.29%	0.02%
EBITDA Q/Q Growth	-62.65%	136.10%	-13.25%	22.87%	1.90%	-9.78%	-21.12%	10.97%	40.20%	-26.08%	-5.74%
EBIT Q/Q Growth	-100.00%	0.00%	-26.55%	47.51%	5.30%	-16.94%	-35.23%	21.04%	73.99%	-38.65%	-12.05%
NOPAT Q/Q Growth	-100.00%	0.00%	-17.08%	35.97%	12.93%	-20.41%	-12.94%	-17.61%	66.36%	-36.66%	-17.03%
Net Income Q/Q Growth	0.00%	0.00%	-22.65%	44.24%	14.13%	-19.53%	-19.89%	-14.87%	84.62%	-38.63%	-18.87%
EPS Q/Q Growth	0.00%	0.00%	-20.59%	44.44%	17.95%	-19.57%	-21.62%	-17.24%	95.83%	-40.43%	-17.86%
Operating Cash Flow Q/Q Growth	-879.32%	96.08%	688.55%	16.47%	78.85%	-80.49%	143.46%	20.06%	51.22%	-59.75%	20.57%
Free Cash Flow Firm Q/Q Growth	79.28%	28,753.34%	-99.85%	1,322.68%	49.42%	-2,994.39%	103.39%	40.83%	3.48%	-30.93%	131.99%
Invested Capital Q/Q Growth	-3.32%	-100.00%	0.00%	-0.22%	-4.14%	1.45%	1.42%	-1.85%	-3.51%	2.16%	-3.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	0.00%	32.33%	28.74%	31.33%	31.93%	33.08%	28.18%	29.71%	31.54%	31.33%	30.09%
EBITDA Margin	0.00%	16.20%	13.99%	15.94%	15.82%	15.95%	12.51%	13.33%	17.74%	14.78%	13.93%
Operating Margin	0.00%	9.81%	7.14%	9.79%	10.16%	9.16%	5.75%	6.83%	11.30%	7.48%	6.57%
EBIT Margin	0.00%	9.60%	7.02%	9.60%	9.85%	9.14%	5.89%	6.84%	11.31%	7.82%	6.88%
Profit (Net Income) Margin	0.00%	5.99%	4.61%	6.17%	6.86%	6.17%	4.91%	4.02%	7.04%	4.87%	3.95%
Tax Burden Percent	0.00%	72.50%	82.20%	75.60%	80.10%	79.03%	109.00%	72.60%	69.29%	74.80%	70.60%
Interest Burden Percent	0.00%	86.03%	79.90%	84.95%	86.91%	85.34%	76.52%	80.80%	89.83%	83.25%	81.35%
Effective Tax Rate	0.00%	27.50%	17.80%	24.40%	19.90%	20.97%	-9.00%	27.40%	30.71%	25.20%	29.40%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	9.33%	16.42%	6.95%	5.50%	9.00%	6.28%	5.22%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	7.95%	14.43%	5.75%	4.60%	8.10%	5.59%	4.56%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	3.11%	5.91%	2.47%	1.90%	2.99%	2.16%	1.77%
Return on Equity (ROE)	0.00%	0.00%	0.00%	0.00%	12.45%	22.33%	9.42%	7.40%	11.99%	8.44%	6.99%
Cash Return on Invested Capital (CROIC)	8.36%	200.00%	-1.40%	0.10%	9.15%	-183.69%	9.64%	10.62%	10.10%	8.79%	13.19%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	0.00%	8.00%	15.11%	4.77%	5.49%	9.16%	6.33%	5.59%
Return on Assets (ROA)	0.00%	0.00%	0.00%	0.00%	5.57%	10.19%	3.98%	3.22%	5.70%	3.94%	3.21%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	0.00%	12.08%	21.67%	9.13%	7.17%	11.63%	8.18%	6.78%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	0.00%	9.85%	9.75%	8.95%	0.00%	8.36%	8.32%
Net Operating Profit after Tax (NOPAT)	0.00	35	29	40	45	36	31	26	43	27	22
NOPAT Margin	0.00%	7.11%	5.87%	7.40%	8.14%	7.24%	6.27%	4.96%	7.83%	5.59%	4.64%
Net Nonoperating Expense Percent (NNEP)	0.00%	2.28%	1.14%	1.21%	1.38%	1.99%	1.19%	0.90%	0.90%	0.69%	0.66%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	1.59%	-	-	-	1.20%
Cost of Revenue to Revenue	0.00%	67.67%	71.26%	68.67%	68.07%	66.92%	71.82%	70.29%	68.46%	68.67%	69.91%
SG&A Expenses to Revenue	0.00%	21.88%	21.27%	21.13%	19.99%	22.67%	21.67%	21.07%	19.42%	23.17%	22.68%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	0.00%	22.52%	22.21%	21.91%	20.85%	23.92%	22.43%	22.88%	20.23%	23.86%	23.52%
Earnings before Interest and Taxes (EBIT)	0.00	48	35	51	54	45	29	35	61	38	33
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	34	80	70	85	87	79	62	69	96	71	67
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.43	0.00	1.48	1.66	1.72	1.52	1.55	1.54	1.47	1.58	1.53
Price to Tangible Book Value (P/TBV)	2.03	0.00	2.10	2.33	2.40	2.12	2.15	2.14	2.05	2.19	2.13
Price to Revenue (P/Rev)	0.89	0.00	0.00	0.00	1.05	0.92	0.96	0.95	0.90	0.99	0.92
Price to Earnings (P/E)	12.37	0.00	0.00	0.00	18.49	15.96	16.38	17.92	16.80	19.92	19.41
Dividend Yield	3.69%	4.14%	3.51%	3.04%	2.93%	3.32%	3.20%	3.26%	3.43%	3.09%	3.33%
Earnings Yield	8.08%	0.00%	0.00%	0.00%	5.41%	6.27%	6.11%	5.58%	5.95%	5.02%	5.15%
Enterprise Value to Invested Capital (EV/IC)	1.29	0.00	1.32	1.45	1.51	1.36	1.38	1.37	1.33	1.41	1.37
Enterprise Value to Revenue (EV/Rev)	1.17	0.00	0.00	0.00	1.31	1.20	1.23	1.22	1.15	1.25	1.18
Enterprise Value to EBITDA (EV/EBITDA)	6.45	0.00	18.55	20.16	8.44	7.77	8.18	8.45	7.67	8.51	7.85
Enterprise Value to EBIT (EV/EBIT)	10.09	0.00	0.00	0.00	14.45	13.41	14.23	15.29	13.72	15.52	14.23
Enterprise Value to NOPAT (EV/NOPAT)	14.88	0.00	0.00	0.00	18.28	16.68	16.99	18.31	17.51	20.28	20.31
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	10.54	8.46	8.71	8.48	8.46	8.54	8.23
Enterprise Value to Free Cash Flow (EV/FCFF)	15.52	0.85	0.00	1,491.07	16.39	0.00	14.19	12.73	13.03	15.93	10.06
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.48	0.00	0.52	0.50	0.45	0.48	0.47	0.47	0.46	0.45	0.47
Long-Term Debt to Equity	0.46	0.00	0.46	0.45	0.45	0.46	0.45	0.46	0.46	0.45	0.47
Financial Leverage	0.37	0.36	0.42	0.41	0.39	0.41	0.43	0.41	0.37	0.39	0.39
Leverage Ratio	1.97	1.91	1.96	1.97	1.97	1.93	1.96	1.95	1.94	1.92	1.92
Compound Leverage Factor	0.00	1.64	1.57	1.67	1.71	1.65	1.50	1.58	1.74	1.60	1.57
Debt to Total Capital	32.28%	0.00%	34.32%	33.36%	31.20%	32.54%	31.79%	31.77%	31.67%	31.20%	32.17%
Short-Term Debt to Total Capital	1.11%	0.00%	4.02%	3.24%	0.04%	1.62%	1.20%	0.64%	0.07%	0.07%	0.07%
Long-Term Debt to Total Capital	31.17%	0.00%	30.30%	30.12%	31.16%	30.92%	30.59%	31.13%	31.60%	31.12%	32.10%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.03%	0.00%	1.99%	2.04%	2.03%	1.99%	2.07%	2.16%	2.05%	2.13%	2.16%
Common Equity to Total Capital	65.69%	0.00%	63.69%	64.60%	66.78%	65.46%	66.14%	66.07%	66.27%	66.67%	65.67%
Debt to EBITDA	1.68	0.00	5.02	4.88	1.85	1.95	1.98	2.05	1.95	2.00	1.97
Net Debt to EBITDA	1.45	0.00	4.45	4.19	1.52	1.66	1.69	1.74	1.54	1.60	1.57
Long-Term Debt to EBITDA	1.63	0.00	4.43	4.40	1.85	1.86	1.90	2.01	1.95	2.00	1.96
Debt to NOPAT	3.88	0.00	0.00	0.00	4.01	4.20	4.11	4.45	4.46	4.77	5.09
Net Debt to NOPAT	3.34	0.00	0.00	0.00	3.29	3.56	3.51	3.78	3.51	3.82	4.06
Long-Term Debt to NOPAT	3.75	0.00	0.00	0.00	4.00	3.99	3.95	4.36	4.45	4.76	5.08
Altman Z-Score	2.45	0.00	1.76	1.92	2.85	2.75	2.75	2.74	2.74	2.80	2.80
Noncontrolling Interest Sharing Ratio	0.00%	2.91%	3.01%	3.06%	2.97%	2.96%	3.03%	3.11%	2.98%	3.03%	3.11%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.11	0.00	2.12	2.21	2.37	2.41	2.44	2.42	2.41	2.52	2.53
Quick Ratio	0.78	0.00	0.74	0.83	0.95	0.91	0.92	0.96	1.04	1.01	0.98
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-6.58	1,885	2.92	41	62	-1,795	61	86	89	61	142
Operating Cash Flow to CapEx	-749.62%	-36.71%	335.15%	405.84%	571.71%	89.43%	266.05%	281.56%	490.58%	185.54%	291.71%
Free Cash Flow to Firm to Interest Expense	0.00	284.03	0.42	5.36	8.74	-271.86	8.88	12.63	14.18	9.69	22.96
Operating Cash Flow to Interest Expense	0.00	-1.62	9.02	9.51	18.57	3.90	9.14	11.09	18.19	7.25	8.92
Operating Cash Flow Less CapEx to Interest Expense	0.00	-6.03	6.33	7.17	15.32	-0.46	5.71	7.15	14.48	3.34	5.87
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.77	0.00	0.00	0.00	0.81	1.65	0.81	0.80	0.81	0.81	0.81
Accounts Receivable Turnover	6.73	0.00	0.00	0.00	6.90	0.00	7.13	6.65	6.71	7.13	7.43
Inventory Turnover	2.61	0.00	0.00	0.00	2.54	0.00	2.43	2.49	2.65	2.55	2.53
Fixed Asset Turnover	1.96	0.00	0.00	0.00	2.11	0.00	2.14	2.14	2.15	2.14	2.16
Accounts Payable Turnover	6.73	0.00	0.00	0.00	6.64	0.00	7.14	7.30	7.19	7.12	7.16
Days Sales Outstanding (DSO)	54.26	0.00	0.00	0.00	52.92	0.00	51.17	54.85	54.40	51.18	49.14
Days Inventory Outstanding (DIO)	140.06	0.00	0.00	0.00	143.84	0.00	150.37	146.62	137.83	143.03	144.11
Days Payable Outstanding (DPO)	54.24	0.00	0.00	0.00	54.97	0.00	51.09	50.03	50.76	51.27	50.95
Cash Conversion Cycle (CCC)	140.08	0.00	0.00	0.00	141.80	0.00	150.45	151.44	141.47	142.94	142.29
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,821	0.00	1,886	1,882	1,804	1,830	1,856	1,822	1,758	1,796	1,737
Invested Capital Turnover	1.11	0.00	0.00	0.00	1.15	2.27	1.11	1.11	1.15	1.12	1.13
Increase / (Decrease) in Invested Capital	6.58	-1,850	26	-1.83	-17	1,830	-30	-60	-46	-34	-120
Enterprise Value (EV)	2,358	1,572	2,489	2,724	2,719	2,490	2,559	2,503	2,345	2,539	2,384
Market Capitalization	1,789	1,572	1,853	2,118	2,190	1,920	1,991	1,946	1,837	2,020	1,867
Book Value per Share	$15.16	$0.00	$15.48	$15.85	$15.89	$15.81	$16.18	$15.95	$15.89	$16.39	$15.70
Tangible Book Value per Share	$10.68	$0.00	$10.95	$11.31	$11.37	$11.34	$11.61	$11.45	$11.40	$11.82	$11.26
Total Capital	1,907	0.00	1,963	1,975	1,910	1,925	1,947	1,914	1,886	1,916	1,858
Total Debt	616	0.00	674	659	596	627	619	608	597	598	598
Total Long-Term Debt	594	0.00	595	595	595	595	596	596	596	596	596
Net Debt	530	0.00	597	566	490	531	528	516	469	478	477
Capital Expenditures (CapEx)	37	29	19	18	23	29	24	27	23	25	19
Debt-free, Cash-free Net Working Capital (DFCFNWC)	475	0.00	556	561	487	527	528	507	460	487	467
Debt-free Net Working Capital (DFNWC)	560	0.00	633	654	594	622	619	599	588	607	588
Net Working Capital (NWC)	539	0.00	554	590	593	591	596	587	587	605	587
Net Nonoperating Expense (NNE)	0.00	5.54	6.25	6.60	7.06	5.29	6.71	4.86	4.31	3.48	3.32
Net Nonoperating Obligations (NNO)	530	0.00	597	566	490	531	528	516	469	478	477
Total Depreciation and Amortization (D&A)	34	33	35	34	33	34	33	33	35	34	34
Debt-free, Cash-free Net Working Capital to Revenue	23.59%	0.00%	0.00%	0.00%	23.46%	25.38%	25.47%	24.68%	22.47%	23.93%	23.07%
Debt-free Net Working Capital to Revenue	27.84%	0.00%	0.00%	0.00%	28.56%	29.96%	29.85%	29.16%	28.73%	29.80%	29.06%
Net Working Capital to Revenue	26.79%	0.00%	0.00%	0.00%	28.53%	28.46%	28.72%	28.57%	28.66%	29.73%	28.99%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.27	$0.40	$0.45	$0.38	$0.29	$0.24	$0.47	$0.28	$0.23
Adjusted Weighted Average Basic Shares Outstanding	83.25M	0.00	80.74M	80.61M	80.80M	80.03M	79.70M	79.23M	79.39M	78.07M	77.72M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.27	$0.39	$0.46	$0.37	$0.29	$0.24	$0.47	$0.28	$0.23
Adjusted Weighted Average Diluted Shares Outstanding	83.94M	0.00	81.24M	81.28M	81.40M	80.70M	80.11M	79.85M	79.97M	78.66M	78.38M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	81.34M	0.00	80.53M	80.28M	79.71M	79.60M	79.27M	78.67M	77.90M	77.73M	77.36M
Normalized Net Operating Profit after Tax (NOPAT)	0.00	35	30	40	46	38	21	30	44	27	23
Normalized NOPAT Margin	0.00%	7.11%	6.12%	7.54%	8.38%	7.74%	4.17%	5.87%	8.03%	5.69%	4.83%
Pre Tax Income Margin	0.00%	8.26%	5.61%	8.16%	8.56%	7.80%	4.51%	5.53%	10.16%	6.51%	5.59%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	7.16	4.98	6.65	7.64	6.82	4.26	5.21	9.83	5.97	5.36
NOPAT to Interest Expense	0.00	5.30	4.16	5.12	6.31	5.40	4.53	3.77	6.81	4.27	3.62
EBIT Less CapEx to Interest Expense	0.00	2.75	2.29	4.30	4.39	2.47	0.82	1.27	6.12	2.06	2.30
NOPAT Less CapEx to Interest Expense	0.00	0.89	1.47	2.78	3.07	1.05	1.10	-0.16	3.10	0.36	0.56
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	48.92%	0.00%	0.00%	0.00%	57.20%	58.41%	57.49%	63.38%	64.60%	67.28%	70.08%
Augmented Payout Ratio	105.87%	0.00%	0.00%	0.00%	97.15%	93.57%	95.72%	112.45%	122.30%	129.94%	136.01%

Frequently Asked Questions About Kennametal's Financials

When does Kennametal's fiscal year end?

According to the most recent income statement we have on file, Kennametal's financial year ends in June. Their financial year 2024 ended on June 30, 2024.

How has Kennametal's net income changed over the last 10 years?

Kennametal's net income appears to be on an upward trend, with a most recent value of $113.64 million in 2024, falling from $162.20 million in 2014. The previous period was $123.37 million in 2023.

What is Kennametal's operating income?

Kennametal's total operating income in 2024 was $170.22 million, based on the following breakdown:

Total Gross Profit: $627.09 million
Total Operating Expenses: $456.87 million

How has Kennametal revenue changed over the last 10 years?

Over the last 10 years, Kennametal's total revenue changed from $2.84 billion in 2014 to $2.05 billion in 2024, a change of -27.9%.

How much debt does Kennametal have?

Kennametal's total liabilities were at $1.22 billion at the end of 2024, a 1.5% decrease from 2023, and a 36.3% decrease since 2014.

How much cash does Kennametal have?

In the past 10 years, Kennametal's cash and equivalents has ranged from $0.00 in 2021 to $606.68 million in 2020, and is currently $127.97 million as of their latest financial filing in 2024.

How has Kennametal's book value per share changed over the last 10 years?

Over the last 10 years, Kennametal's book value per share changed from 24.56 in 2014 to 15.89 in 2024, a change of -35.3%.

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This page (NYSE:KMT) was last updated on 4/15/2025 by MarketBeat.com Staff

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Kennametal (KMT) Financials

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Kennametal (KMT) Financials

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