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Companies / Industrials / Kennametal Inc.
KMT

Kennametal Inc.

IndustrialsIndustrial Machinery
Ticker KMTPITTSBURGH, PAFiscal year ends JuneBook value per share $23.34Diluted shares 78.1M

Kennametal Inc. (NYSE: KMT) develops and manufactures metal-cutting tools and engineered materials for industrial customers. Its products use tungsten carbide, ceramics and other hard materials for precision machining and wear resistance, serving end markets including general engineering, transportation, earthworks,… From the company’s description.

Over the twelve months to Sep 30, 2026, Kennametal Inc. reported revenue of $2.63B, up 32.5% from a year earlier, and net income of $600.24M. Its operating margin was 31.0%, and operations used $222.75M in cash. In fiscal 2026, it reported revenue of $2.36B, up 19.8% from fiscal 2025, and net income of $350.41M.

Fiscal year 2026 · ends 06-30Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$2.36BFY2026
+19.8% year over year
Last 12 mo $2.63B
20.05%FY2026
+12.8 percentage points
Last 12 mo 31.00%
$350.41MFY2026
+255.0% year over year
Last 12 mo $600.24M
22.24%FY2026
+14.3 percentage points
Last 12 mo 32.93%
Cash & financing
$-4.01MFY2026
−101.9% year over year
Last 12 mo $-222.75M
$-80.91MFY2026
−167.8% year over year
Last 12 mo $-287.48M
0.46FY2026
Was 0.47× a year earlier
Last 12 mo 0.62
77.4MFY2026
−0.6% year over year
Last 12 mo 78.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Kennametal Inc. does

In the company’s own words

Kennametal Inc. (NYSE: KMT) develops and manufactures metal-cutting tools and engineered materials for industrial customers. Its products use tungsten carbide, ceramics and other hard materials for precision machining and wear resistance, serving end markets including general engineering, transportation, earthworks, energy, and aerospace and defense. The company operates two segments. Metal Cutting provides standard and custom tooling, including turning, milling, hole-making and threading products, tooling systems and services; it sells under the Kennametal and WIDIA brands through direct sales, distributors and other channels. Infrastructure makes engineered carbide and ceramic components, earth-cutting tools and metallurgical powders for applications such as mining, road construction, oil and gas, aerospace and defense, and packaging, primarily under the Kennametal brand. Founded in 1938 around a tungsten carbide technology breakthrough, Kennametal was incorporated in 1943 as a carbide tooling manufacturer. It employed 8,073 people as of June 30, 2026, and generated 57% of fiscal 2026 sales outside the United States. Its website is www.kennametal.com.

Company details
Sector
Industrials
Industry (SIC)
Industrial Machinery
Headquarters
PITTSBURGH, PA
Fiscal year end
June
CIK
55242
SIC
3541

Financial performance, year by year

Fiscal 2012–2026 · USD
$-691.78M$270.67M$1.23B$2.20B$3.16B201220132014201520162017201820192020202120222023202420252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Kennametal Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

355
funds hold it
0 of 35
superinvestors hold it
$1.45B
held by funds, at market
52.8%
of shares held by funds
3
bond issues held by funds

Largest fund holders · Kennametal Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.14%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.08%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Kennametal Inc.’s bonds, as funds hold them

Funds report holding 3 issues of Kennametal Inc.’s debt, $101.40M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.96%, maturing 2028 to 2036.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Kennametal Inc. and its peers compare on margins and cash generation over ten years?”
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