Revenue
$736.61M
Fiscal year ended 2026-06-30Operating income
$302.88M
Fiscal year ended 2026-06-30Free cash flow
-$96.91M
Fiscal year ended 2026-06-30Valuation, from the filing
| Public float | $1.17B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-12-31 |
|---|---|---|
| Float per share | $15.39 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 3.4× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 0.5× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 0.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-12-31, not today, and each multiple below it uses the figures for the fiscal year ending 2026-06-30 — the year that filing covered.
Valuation over time
3.4× earnings today, against a median of 8.8× across 9 years on record. Below its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-12-31 | $1.17B | 3.4× | |
| 2024-12-31 | $798.10M | 8.6× | |
| 2023-12-29 | $961.40M | 8.8× | |
| 2022-12-31 | $1.02B | 8.6× | |
| 2021-12-31 | $1.73B | 11.9× | |
| 2020-12-31 | $1.87B | 34.3× | |
| 2018-12-31 | $1.83B | 7.6× | |
| 2017-12-31 | $2.92B | 14.6× | |
| 2016-12-31 | $1.84B | 37.4× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
KENNAMETAL INC (KMT) reported revenue of $736.61M and net income of $226.98M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from KENNAMETAL INC’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $736.61M | $592.58M | $529.52M | $497.97M | $516.45M | $486.40M | $482.05M | $481.95M | $543.31M | $515.79M |
| Cost of revenue | $303.06M | $384.61M | $355.66M | $343.42M | $370.78M | $330.03M | $337.02M | $330.94M | $371.97M | $362.53M |
| Gross profit | $433.56M | $207.98M | $173.87M | $154.55M | $145.66M | $156.36M | $145.03M | $151.01M | $171.34M | $153.26M |
| Operating income | $302.88M | $79.43M | $52.66M | $37.56M | $31.37M | $44.06M | $31.67M | $36.03M | $61.40M | $35.23M |
| Net income | $226.98M | $58.23M | $33.88M | $23.30M | $21.59M | $31.48M | $17.93M | $22.12M | $37.18M | $18.98M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | Unavailable | shares 77.76M | shares 77.08M | shares 76.83M | Unavailable | shares 77.65M | shares 78.38M | shares 78.66M | Unavailable | shares 79.85M |
| Pretax income | $299.25M | $79.71M | $48.67M | $33.70M | $30.37M | $43.30M | $26.96M | $31.37M | $55.18M | $28.53M |
| Income tax expense | $69.79M | $18.59M | $13.47M | $9.06M | $7.24M | $10.22M | $7.93M | $7.91M | $16.94M | $7.82M |
| Diluted EPS | Unavailable | $0.75 | $0.44 | $0.30 | Unavailable | $0.41 | $0.23 | $0.28 | Unavailable | $0.24 |
| Selling, general & administrative | $125.62M | $124.05M | $116.30M | $113.03M | $105.86M | $104.01M | $109.31M | $111.65M | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $95.79M | $106.85M | $129.32M | $103.50M | $140.54M | $97.47M | $121.15M | $119.59M | $127.97M | $92.12M |
| Total assets | $3.17B | $2.73B | $2.60B | $2.52B | $2.55B | $2.49B | $2.44B | $2.52B | $2.50B | $2.52B |
| Current assets | $1.77B | $1.28B | $1.12B | $1.03B | $1.04B | $1.01B | $968.77M | $1.00B | $1.00B | $999.94M |
| Total liabilities | $1.55B | $1.33B | $1.24B | $1.19B | $1.22B | $1.21B | $1.18B | $1.20B | $1.22B | $1.21B |
| Current liabilities | $676.71M | $536.07M | $439.35M | $396.98M | $422.33M | $415.63M | $382.23M | $398.39M | $415.96M | $413.24M |
| Total equity incl. NCI | $1.61B | $1.40B | $1.36B | $1.33B | $1.32B | $1.28B | $1.26B | $1.32B | $1.29B | $1.31B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $1.11B | $747.35M | $621.92M | $565.19M | $538.24M | $555.99M | $536.63M | $543.43M | $514.63M | $547.65M |
| Accounts receivable | $408.44M | $334.43M | $288.20M | $288.01M | $295.40M | $290.94M | $254.14M | $282.46M | $302.81M | $303.46M |
| Goodwill | $279.21M | $280.26M | $282.97M | $282.54M | $282.73M | $272.86M | $268.80M | $277.34M | $271.57M | $272.15M |
| Long-term debt | $685.28M | $597.39M | $597.19M | $596.99M | $596.79M | $596.59M | $596.38M | $596.18M | $595.98M | $595.78M |
| Accounts payable | $369.84M | $263.07M | $220.41M | $193.44M | $195.93M | $192.92M | $198.51M | $201.91M | $191.54M | $192.77M |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$73.69M | -$2.92M | $55.12M | $17.49M | $78.59M | $28.83M | $55.15M | $45.75M | $113.65M | $75.15M |
| Capital expenditures | $23.22M | $17.99M | $12.71M | $22.98M | $21.46M | $23.54M | $19.22M | $24.75M | $23.32M | $26.75M |
| Investing cash flow | -$19.67M | -$17.84M | -$11.08M | -$22.71M | -$1.77M | -$23.46M | -$16.64M | -$19.95M | -$23.32M | -$29.70M |
| Financing cash flow | $81.78M | -$560.00K | -$18.51M | -$31.08M | -$35.89M | -$29.98M | -$31.70M | -$36.35M | -$53.09M | -$42.15M |
| Net change in cash | -$11.06M | -$22.47M | $25.82M | -$37.04M | $43.07M | -$23.68M | $1.56M | -$8.38M | $35.85M | $1.38M |
| Stock-based compensation | $8.84M | $9.06M | $8.71M | $8.24M | $3.79M | $4.95M | $5.44M | $7.94M | $3.69M | $6.00M |
| Common dividends paid | $15.24M | $15.24M | $15.23M | $15.14M | $15.25M | $15.46M | $15.57M | $15.58M | $15.73M | $15.85M |
| Common share repurchases | $38.00K | $0 | $38.00K | $10.03M | $5.04M | $25.02M | $15.03M | $15.03M | $21.79M | $15.03M |
| Depreciation & amortization | $35.58M | $38.17M | $34.37M | $35.04M | $35.08M | $33.85M | $34.01M | $33.56M | Unavailable | Unavailable |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$96.91M | -$20.91M | $42.41M | -$5.50M | $57.13M | $5.29M | $35.93M | $21.00M | $90.33M | $48.40M |
| Gross margin | 58.9% | 35.1% | 32.8% | 31.0% | 28.2% | 32.1% | 30.1% | 31.3% | 31.5% | 29.7% |
| Operating margin | 41.1% | 13.4% | 9.9% | 7.5% | 6.1% | 9.1% | 6.6% | 7.5% | 11.3% | 6.8% |
| FCF margin | -13.2% | -3.5% | 8.0% | -1.1% | 11.1% | 1.1% | 7.5% | 4.4% | 16.6% | 9.4% |
| SBC / revenue | 1.2% | 1.5% | 1.6% | 1.7% | 0.7% | 1.0% | 1.1% | 1.6% | 0.7% | 1.2% |
| Current ratio | 2.62x | 2.38x | 2.55x | 2.60x | 2.46x | 2.44x | 2.53x | 2.52x | 2.41x | 2.42x |
| Revenue YoY growth | 42.6% | 21.8% | 9.8% | 3.3% | -4.9% | -5.7% | -2.7% | -2.1% | -1.3% | -3.8% |
| Net margin | 30.8% | 9.8% | 6.4% | 4.7% | 4.2% | 6.5% | 3.7% | 4.6% | 6.8% | 3.7% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 3.2% | 3.0% | 2.4% | 4.6% | 4.2% | 4.8% | 4.0% | 5.1% | 4.3% | 5.2% |
| Long-term debt / equity | 0.42x | 0.43x | Unavailable | Unavailable | 0.45x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 23.3% | 23.3% | 27.7% | 26.9% | 23.9% | 23.6% | 29.4% | 25.2% | 30.7% | 27.4% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open KMT in the interactive workspace to inspect any figure back to its filing.
Source filings
10-K · Filed 2026-08-12View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-Q · Filed 2026-02-04View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-K · Filed 2025-08-12View SEC filing
10-Q · Filed 2025-05-07View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.