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
Sep '26
$768M
$272M
66.9%
49.4%
14.9%
7.0%
-$212M
—
$273M
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
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 14.7× (Mar '23) to 5.9× (Nov '26).
The price-to-sales ratio has fallen from 1.1× (Mar '23) to 0.9× (Nov '26).
The dividend yield has fallen from 3.1% (Mar '23) to 3.0% (Nov '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?
Kennametal Inc's P/E (TTM) is 3.43 as of the 2026-11-04 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the KMT stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 5.9× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.