15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 5.1% per year over the past 5 years.
Net income has grown faster than revenue (44.5% vs 5.1% per year).
Operating margin has expanded, at 20.1% in the latest year.
Financial health
Operating income covered interest expense 17× in the latest year.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 17.8% of earnings.
The dividend has declined 1.8% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
$2.4B
$342M
41.2%
20.1%
21.8%
10.8%
-$81M
—
$96M
2025
$2.0B
$93M
30.4%
7.3%
7.3%
3.7%
$119M
—
$141M
2024
$2.0B
$109M
30.6%
8.3%
8.7%
4.4%
$170M
—
$128M
2023
$2.1B
$118M
31.1%
9.3%
9.3%
4.7%
$164M
—
$106M
2022
$2.0B
$145M
32.2%
10.8%
11.5%
5.6%
-$278M
—
$86M
2021
$1.8B
$54M
30.0%
5.5%
4.1%
2.0%
$108M
—
$154M
2020
$1.9B
-$6M
28.1%
1.2%
-0.5%
-0.2%
-$20M
—
$607M
2019
$2.4B
$242M
35.0%
13.8%
18.1%
9.1%
$88M
—
$182M
2018
$2.4B
$200M
34.6%
12.3%
16.8%
6.8%
$106M
—
$556M
2017
$2.1B
$49M
31.3%
4.6%
4.8%
2.0%
$77M
—
$191M
2016
$2.1B
-$226M
29.4%
-8.3%
-23.4%
-9.6%
$112M
—
$162M
2015
$2.6B
-$374M
30.4%
-13.5%
-27.8%
-13.1%
$250M
—
$105M
2014
$2.8B
$158M
31.6%
9.3%
8.2%
4.1%
$154M
—
$178M
2013
$2.6B
$203M
32.6%
11.4%
11.4%
6.2%
$201M
—
$377M
2012
$2.7B
$307M
36.3%
15.2%
17.2%
10.1%
$187M
—
$116M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$737M
$227M
58.9%
41.1%
14.5%
7.2%
-$97M
—
$96M
Mar '26
$593M
$58M
35.1%
13.4%
4.3%
2.1%
-$21M
—
$107M
Dec '25
$530M
$34M
32.8%
9.9%
2.6%
1.3%
$42M
—
$129M
Sep '25
$498M
$23M
31.0%
7.5%
1.8%
0.9%
-$5M
—
$103M
Jun '25
$516M
$22M
28.2%
6.1%
1.7%
0.8%
$57M
—
$141M
Mar '25
$486M
$31M
32.1%
9.1%
2.5%
1.3%
$5M
—
$97M
Dec '24
$482M
$18M
30.1%
6.6%
1.5%
0.7%
$36M
—
$121M
Sep '24
$482M
$22M
31.3%
7.5%
1.7%
0.9%
$21M
—
$120M
Jun '24
$543M
$37M
31.5%
11.3%
3.0%
1.5%
$90M
—
$128M
Mar '24
$516M
$19M
29.7%
6.8%
1.5%
0.8%
$48M
—
$92M
Dec '23
$495M
$23M
28.2%
5.7%
1.8%
0.9%
$37M
—
$91M
Sep '23
$492M
$30M
33.1%
9.2%
2.4%
1.2%
-$6M
—
$95M
Jun '23
$550M
$36M
31.9%
10.2%
2.9%
1.4%
$108M
—
$106M
Mar '23
$536M
$32M
31.3%
9.8%
2.5%
1.2%
$53M
—
$93M
Dec '22
$497M
$22M
28.7%
7.1%
1.8%
0.8%
$42M
—
$77M
Sep '22
$495M
$28M
32.3%
9.8%
2.3%
1.1%
-$40M
—
$65M
Jun '22
$530M
$42M
32.0%
11.8%
3.3%
1.6%
$52M
—
$86M
Mar '22
$512M
$35M
32.1%
10.4%
2.7%
1.3%
$13M
—
$100M
Dec '21
$487M
$31M
31.4%
9.8%
2.4%
1.2%
$22M
—
$102M
Sep '21
$484M
$36M
33.2%
11.3%
2.7%
1.4%
-$2M
—
$107M
Valuation over time
How the market has priced KMT against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 14.5× (Mar '23) to 6.6× (Sep '26).
The price-to-sales ratio has fallen from 1.0× (Mar '23) to 1.0× (Sep '26).
The dividend yield has fallen from 3.2% (Mar '23) to 2.7% (Sep '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is KMT growing its revenue and profit?
Over the past 5 years, Kennametal Inc's revenue has grown 5.1% per year, and net income grown 44.5% per year. These are computed facts, not advice.
How much debt does KMT have?
As of FY2026, Kennametal Inc reported — of total debt against $96M of cash; operating income covered interest expense 17×.
What is KMT's profit margin?
In FY2026, gross margin was 41.2%, operating margin 20.1%, and net margin 14.5%.
What is KMT's P/E ratio?
As of Sep '26, Kennametal Inc traded at a price-to-earnings ratio of about 6.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.