NOV Inc. announced the appointment of Sanjay Chowbey, President and CEO of Kennametal Inc., to its Board of Directors effective March 17, 2026. Chowbey brings over 20 years of experience in global manufacturing and industrial technology leadership, with previous roles at Flowserve Corporation, Danaher Corporation, and Arvin Meritor. He will serve on NOV's Audit Committee.
Kennametal Inc. (KMT)
Common Stock · Currency in USD · XNYS
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments; Metal Cutting and Infrastructure. It generates maximum revenue from the Metal Cutting segment. The Metal Cutting segment develops and manufactures high-performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives maximum revenue from the United States and the rest from Germany, China, Canada, India, Italy, and other countries.
Company Info
SIC3541
Composite FIGIBBG000BMWKC5
CIK0000055242
IPOJan 23, 1967
Sectormachine tools, metal cutting types
Highlights
Market Cap$2.74B
EPS$1.76
P/E Ratio19.48
Revenue$2.05B
Gross Profit$695.48M
Net Income$140.79M
Employees8,124
WSO76,198,792
Phone(412) 248-8000
Websitehttps://www.kennametal.com
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Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Kennametal Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Kennametal Inc. (KMT) has returned 25.80% so far this year and 93.70% over the past 12 months. Looking at the last ten years, KMT has achieved an annualized return of 4.82%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
KMT
1M-12.62%
6M64.04%
YTD25.80%
1Y93.70%
5Y-3.12%
10Y4.82%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Kennametal Inc. (KMT) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 20.20% | 17.74% | -8.72% | -1.83% | ||||||||
| 2025 | -0.95% | -5.75% | -4.14% | -7.81% | 9.90% | 7.14% | 7.89% | -11.67% | -1.55% | 5.63% | 26.57% | 3.95% |
| 2024 | -3.92% | 2.27% | -1.50% | -5.84% | 9.67% | -9.43% | 10.95% | -1.03% | 1.33% | -2.20% | 12.95% | -16.63% |
| 2023 | 17.53% | -0.35% | -2.48% | -5.74% | -3.82% | 13.51% | 8.28% | -7.64% | -7.03% | -6.96% | -5.28% | 10.64% |
| 2022 | -4.00% | -8.30% | -9.61% | -10.85% | 7.52% | -16.77% | 15.83% | -11.55% | -11.56% | 28.23% | 6.10% | -9.58% |
| 2021 | 3.64% | -2.22% | 4.63% | -0.94% | -8.00% | -5.22% | -0.41% | 2.76% | -8.28% | 14.78% | -11.29% | -0.94% |
| 2020 | -16.05% | -11.63% | -33.45% | 44.61% | 11.58% | 2.72% | -6.71% | 6.61% | 0.73% | 6.82% | 10.27% | 1.34% |
| 2019 | 16.02% | 0.32% | -3.62% | 9.17% | -24.84% | 20.29% | -8.25% | -14.11% | 4.91% | -0.06% | 10.99% | 5.28% |
| 2018 | 0.35% | -15.02% | -3.28% | -9.12% | 2.79% | -4.37% | 10.31% | 5.39% | 6.87% | -19.47% | 17.21% | -22.78% |
| 2017 | 11.97% | 3.20% | 3.10% | 5.75% | -8.19% | -3.06% | -2.46% | -5.33% | 14.73% | 8.39% | 5.98% | 4.00% |
| 2016 | 5.36% | 4.44% | -8.67% | 12.79% | 12.42% | 3.64% | -2.04% | 21.15% | -10.99% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Kennametal Inc. (KMT) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of KMT compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Kennametal Inc. volatility is 3.17%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 2.55B | 2.50B | 2.55B | 2.57B | 2.67B | 3.04B | 2.66B | 2.93B | 2.42B | 2.37B | 2.85B | 3.87B | 3.30B | 3.03B | 2.75B |
| Equity Attributable To Parent (USD) | 1.28B | 1.25B | 1.28B | 1.25B | 1.33B | 1.23B | 1.34B | 1.19B | 1.02B | 964.32M | 1.35B | 1.93B | 1.78B | 1.64B | 1.64B |
| Equity Attributable To Noncontrolling Interest (USD) | 40.67M | 38.72M | 38.72M | 38.67M | 38.60M | 38.90M | 39.53M | 36.00M | 35.36M | 31.48M | 29.63M | 32.35M | 30.47M | 24.37M | 20.57M |
| Equity (USD) | 1.32B | 1.29B | 1.31B | 1.29B | 1.37B | 1.27B | 1.37B | 1.23B | 1.05B | 995.80M | 1.38B | 1.96B | 1.81B | 1.67B | 1.66B |
| Noncurrent Liabilities (USD) | 798.44M | 799.20M | 799.09M | 796.63M | 860.16M | 870.72M | 819.84M | 808.88M | 901.37M | 945.72M | 991.35M | 1.34B | 1.02B | 787.35M | 254.31M |
| Other Current Liabilities (USD) | 182.94M | 183.78M | 189.50M | 216.79M | 215.35M | 702.09M | 189.62M | 587.47M | 178.18M | 195.48M | 246.18M | 294.43M | 227.95M | 359.15M | 618.84M |
| Wages (USD) | 43.46M | 40.64M | 41.13M | 40.97M | 44.39M | 31.35M | 59.19M | 77.16M | 67.57M | 49.76M | 49.18M | 61.44M | 49.02M | - | - |
| Accounts Payable (USD) | 195.93M | 191.54M | 203.34M | 227.89M | 177.66M | 164.64M | 212.91M | 221.90M | 215.72M | 182.04M | 187.38M | 206.89M | 190.62M | 219.48M | 222.68M |
| Current Liabilities (USD) | 422.33M | 415.96M | 433.98M | 485.65M | 437.39M | 898.08M | 461.73M | 886.53M | 461.48M | 427.28M | 482.74M | 562.76M | 467.59M | 578.62M | 841.52M |
| Liabilities (USD) | 1.22B | 1.22B | 1.23B | 1.28B | 1.30B | 1.77B | 1.28B | 1.70B | 1.36B | 1.37B | 1.47B | 1.91B | 1.49B | 1.37B | 1.10B |
| Other Non-current Assets (USD) | 519.02M | 481.68M | 458.21M | 441.05M | 485.78M | 425.94M | 369.55M | 378.89M | 366.68M | 355.60M | 488.49M | 1.12B | 837.32M | 765.54M | 617.54M |
| Intangible Assets (USD) | 67.21M | 81.42M | 93.16M | 105.73M | 120.04M | 132.57M | 161.00M | 176.47M | 190.53M | 207.21M | 286.67M | 343.18M | 222.77M | 243.49M | 152.28M |
| Fixed Assets (USD) | 919.91M | 938.06M | 969.07M | 1.00B | 1.06B | 1.04B | 934.90M | 824.21M | 744.39M | 730.64M | 815.83M | 884.46M | 741.48M | 742.20M | 697.06M |
| Noncurrent Assets (USD) | 1.51B | 1.50B | 1.52B | 1.55B | 1.66B | 1.60B | 1.47B | 1.38B | 1.30B | 1.29B | 1.59B | 2.34B | 1.80B | 1.75B | 1.47B |
| Other Current Assets (USD) | 501.03M | 487.96M | 469.16M | 453.87M | 528.46M | 918.37M | 619.25M | 1.02B | 626.22M | 616.51M | 683.02M | 821.43M | 920.68M | 697.11M | 767.61M |
| Inventory (USD) | 538.24M | 514.63M | 557.63M | 570.84M | 476.35M | 522.45M | 571.58M | 525.47M | 487.68M | 458.83M | 575.53M | 703.77M | 578.80M | 585.86M | 519.97M |
| Current Assets (USD) | 1.04B | 1.00B | 1.03B | 1.02B | 1.00B | 1.44B | 1.19B | 1.55B | 1.11B | 1.08B | 1.26B | 1.53B | 1.50B | 1.28B | 1.29B |
| Assets (USD) | 2.55B | 2.50B | 2.55B | 2.57B | 2.67B | 3.04B | 2.66B | 2.93B | 2.42B | 2.37B | 2.85B | 3.87B | 3.30B | 3.03B | 2.75B |
News and Insights
Kennametal stock surged up to 14.4% after reporting better-than-expected Q2 earnings with 10% year-over-year sales growth. The gains were driven by customers buying ahead of price increases as tungsten prices hit record highs, though it's unclear if this demand will persist. The company also benefits from improved aerospace & defense outlooks and data center growth, with recent ISM data suggesting U.S. manufacturing sector stabilization.
Kennametal reported Q1 fiscal 2026 results with sales of $498 million, a 3% increase from the previous year. The company raised its annual sales and earnings outlook, highlighting modest market improvements and share gains.
Sustainability in Refractory Metals: Closed-loop Recycling & Carbon Capture as New Industry Normsneutral
The global refractory metals market is experiencing significant transformation, driven by demand in aerospace, defense, and electronics, with key opportunities in advanced melting processes, digital technologies, and sustainable practices.
Manual Cutting Equipment Market to record USD 24.6 Bn by 2032, Says Global Market Insights Inc.neutral
The manual cutting equipment market is predicted to reach USD 24.6 billion by 2032, driven by the growing construction industry and demand for efficient cutting tools. The oxy-fuel segment and the construction sector are expected to witness significant growth during this period, particularly in Europe.
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector. Paychex, Inc. (NASDAQ:PAYX) Dividend Yield: 3.19% RBC Capital analyst Ashish Sabadra reiterated a Sector Perform rating with a price target of $130 on May 21. This analyst has an accuracy rate of 66%. Wedbush analyst Moshe Katri reiterated a Neutral rating with a price target of $115 on April 3. This analyst has an accuracy rate of 62%. Recent News: Paychex ...Full story available on Benzinga.com
Kennametal (KMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Kennametal's (KMT) fiscal third-quarter 2024 revenues decrease 3.8% due to the lackluster performance of the Metal Cutting segment.
The headline numbers for Kennametal (KMT) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Kennametal (KMT) delivered earnings and revenue surprises of -3.23% and 1.20%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?