Stocks · Industrials · Manufacturing - Tools & Accessories
Kennametal Inc. KMT
$32.86 +0.80% Close, Oct 5, 2026 · NYSE · Market cap $2.48B
Inexpensive vs sector
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $4.40, up 266.7% year over year.
- Operating margin widened to 20.3% from 7.3% a year earlier.
- The shares trade at 7.5× trailing earnings, lower than 95% of the company's own readings over the past five years.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
Growth78Positive
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 23%
- EPS growth (TTM, YoY)Top 4%
- FCF growth (TTM, YoY)Bottom 7%
- Revenue growth, 3-year CAGRBottom 48%
- Revenue growth accelerationTop 7%
Quality67Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 14%
- Gross marginTop 22%
- Operating marginTop 10%
- Cash conversion (OCF / net income)Bottom 4%
- Accruals (lower is better)Bottom 2%
- Net debt / EBITDA (lower is better)Top 37%
- Interest coverTop 14%
Value88Strong
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 2%
- Free-cash-flow yieldBottom 21%
- EBITDA / enterprise valueTop 3%
- Sales / enterprise valueTop 32%
- P/E vs own 5-year history (lower is better)Top 11%
Momentum61Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 26%
- 6-month returnBottom 33%
- 1-year return vs S&P 500Top 18%
- Distance from 52-week highTop 49%
- Trend checklist (0–4)Top 41%
Revisions40Weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 17%
- Consecutive EPS beatsTop 28%
- Share of analysts rating BuyBottom 8%
- Upside to consensus price targetBottom 18%
Stability76Positive
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 37%
- Maximum drawdown, 3 yearsTop 37%
- Beta vs S&P 500 (lower is better)Top 20%
- Net debt / EBITDA (lower is better)Top 37%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 7.2% | 19.8% | ↑ |
| EPS growth (YoY) | 27.3% | 266.7% | ↑ |
| Gross margin | 30.4% | 41.1% | ↑ |
| Operating margin | 7.3% | 20.3% | ↑ |
| FCF margin | 6.1% | -3.4% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 19.8% | 7.2% | ↑ | Top 23% |
| EPS growth (TTM, YoY) | 266.7% | 27.3% | ↑ | Top 4% |
| Gross margin | 41.1% | 30.4% | ↑ | Top 22% |
| Operating margin | 20.3% | 7.3% | ↑ | Top 10% |
| Net margin | 14.5% | 4.7% | ↑ | — |
| Free-cash-flow margin | -3.4% | 6.1% | ↓ | — |
| Return on invested capital | 14.3% | — | Top 14% | |
| Revenue growth, 3-year CAGR | 4.3% | — | Bottom 48% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- -0.01×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 10.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +18.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.14×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 16.7×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.45%
- Net buyback yield (TTM)
- 0.41%
- Shareholder yield
- 2.86%
- Share count change, 1 year
- +1.3%
- Share count change, 3-year CAGR
- -1.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 12, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 4
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +29.3%
- Average 2-day reaction, last 8
- +3.4%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $36.38
- Target vs current price
- +10.7%
- Analysts with a rating
- 24
- Share rating Buy or Strong Buy
- 21%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +28.1% | -5.3% | -16.1% | -19.1% | — |
| May 6, 2026 | +13.2% | +15.4% | -4.5% | -12.9% | -9.4% |
| Feb 4, 2026 | +34.3% | +7.2% | +14.9% | +16.8% | +8.2% |
| Nov 5, 2025 | +41.7% | +14.3% | +25.6% | +26.2% | +60.8% |
| Aug 6, 2025 | -15.0% | -18.2% | -17.9% | -14.7% | -8.9% |
| May 7, 2025 | +80.8% | -0.3% | +11.8% | +9.2% | +22.9% |
| Feb 5, 2025 | -7.4% | -3.4% | -8.2% | -8.1% | -16.8% |
| Nov 6, 2024 | +11.5% | +17.5% | +10.3% | +6.3% | -11.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $2.96 | $2.31 | +28.1% | $736.6M |
| May 6, 2026 | $0.77 | $0.68 | +13.2% | $592.6M |
| Feb 4, 2026 | $0.47 | $0.35 | +34.3% | $529.5M |
| Nov 5, 2025 | $0.34 | $0.24 | +41.7% | $498.0M |
| Aug 6, 2025 | $0.34 | $0.40 | -15.0% | $516.4M |
| May 7, 2025 | $0.47 | $0.26 | +80.8% | $486.4M |
| Feb 5, 2025 | $0.25 | $0.27 | -7.4% | $482.1M |
| Nov 6, 2024 | $0.29 | $0.26 | +11.5% | $481.9M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 7.5× | 18.3× | 5th | Top 2% |
| P/E (forward) | 6.6× | — | — | — |
| EV / EBITDA | 5.4× | — | — | Top 3% |
| EV / Sales | 1.34× | — | — | Top 32% |
| Free-cash-flow yield | -3.26% | — | — | Bottom 21% |
| Earnings yield | 13.39% | — | — | Top 2% |
P/E over the past five years
Range 7.0× – 56.2× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +53.2%
- Earnings per share growth (TTM)
- +266.7%
- Change in P/E multiple
- -59.3%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 3
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -4.8%
- 200-day average slope (20 days)
- +0.8%
- Distance from 50-day average
- +5.6%
- Distance from 200-day average
- -4.8%
- RSI (14)
- 65.4
- Relative volume
- 1.10×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 36.9%
- Volatility vs own 5-year history
- 54th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.71
- Correlation with S&P 500
- 0.28
- Current drawdown from 1-year high
- -24.1%
- Maximum drawdown, 3 years
- -43.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 15, 2021 | Apr 8, 2025 | -58.5% | 1022 days | 270 days (May 6, 2026) |
| May 6, 2026 | Sep 10, 2026 | -32.7% | 87 days | Not yet recovered |
| Oct 12, 2020 | Nov 4, 2020 | -19.6% | 17 days | 13 days (Nov 23, 2020) |
| Jan 26, 2021 | Feb 4, 2021 | -13.7% | 7 days | 24 days (Mar 11, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $2.48B
- P/E (TTM)
- 7.5
- EPS, diluted (TTM)
- $4.40
- Revenue (TTM)
- $2.36B
- Dividend yield
- 2.43%
- 52-week range
- $20.38 – $43.81
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $2.01B | $2.08B | $2.05B | $1.97B | $2.36B |
| Gross profit | $648.0M | $646.4M | $627.1M | $598.1M | $970.0M |
| Operating income | $218.1M | $192.4M | $170.2M | $143.1M | $472.5M |
| Net income | $144.6M | $118.5M | $109.3M | $93.1M | $342.4M |
| EPS (diluted) | $1.72 | $1.46 | $1.37 | $1.20 | $4.42 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $481.9M | $482.1M | $486.4M | $516.4M | $498.0M | $529.5M | $592.6M | $736.6M |
| Net income | $22.1M | $17.9M | $31.5M | $21.6M | $23.3M | $33.9M | $58.2M | $227.0M |
| EPS (diluted) | $0.28 | $0.23 | $0.41 | $0.28 | $0.30 | $0.44 | $0.75 | $2.91 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $181.4M | $257.9M | $277.1M | $208.3M | -$4.0M |
| Capital expenditure | -$96.9M | -$94.4M | -$107.6M | -$89.0M | -$76.9M |
| Free cash flow | $84.5M | $163.6M | $169.5M | $119.4M | -$80.9M |
| Dividends paid | -$66.6M | -$64.5M | -$63.4M | -$61.9M | -$60.8M |
| Net share buybacks | -$85.5M | -$49.3M | -$65.6M | -$60.1M | -$10.1M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $95.8M
- Total assets
- $3.17B
- Total liabilities
- $1.56B
- Total debt
- $763.7M
- Net debt
- $667.9M
- Shareholders’ equity
- $1.57B
As of Jun 30, 2026 (filed Aug 12, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 11, 2026 | $0.20 | Aug 25, 2026 |
| May 12, 2026 | $0.20 | May 26, 2026 |
| Feb 10, 2026 | $0.20 | Feb 24, 2026 |
| Nov 10, 2025 | $0.20 | Nov 24, 2025 |
| Aug 12, 2025 | $0.20 | Aug 26, 2025 |
| May 13, 2025 | $0.20 | May 27, 2025 |
| Feb 11, 2025 | $0.20 | Feb 25, 2025 |
| Nov 12, 2024 | $0.20 | Nov 26, 2024 |
Short interest
- Shares sold short
- 7,666,139
- Days to cover
- 5.17
- Change vs previous report
- +26.3%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Dec 19, 2007
- 2-for-1
- Aug 23, 1994
- 2-for-1
- Mar 11, 1980
- 2-for-1
- Nov 20, 1975
- 2-for-1