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KMT

Kennametal Inc.
$31.21
+1.93% Oct 20 close
IndustrialsS&P 600 Compare
-5%+19%+44%+68%+93%Oct 2025Oct 2026Apr 2026
KMTSPY
1W
-0.4%
1M
+4.8%
3M
-8.7%
6M
-18.8%
YTD
+11.7%
1Y
+40.9%

Live chart

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What they do

Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide. It operates through two segments, Metal Cutting and Infrastructure. The Metal Cutting segment provides milling, hole making, turning, threading, and toolmaking systems used in the manufacture of airframes, aero engines.

Industrials · Tools & Accessories

For information only · Important disclosures

Grades vs sector

Momentum
88th percentile in sector
A
12-1 return: +43.5%
Percentile within its GICS sector across the S&P 1500.
Growth
94th percentile in sector
A
Revenue growth (YoY): +42.6%
Percentile within its GICS sector across the S&P 1500.
Value
87th percentile in sector
A-
Forward E/P: 7.6% · EBITDA/EV: 20.3%
Percentile within its GICS sector across the S&P 1500.
Profitability
75th percentile in sector
B+
Profit margin: +14.5% · Return on equity: +23.9%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
Will Kennametal (KMT) Beat Estimates Again in Its Next Earnings Report?
Zacks · 18h ago
Applied Industrial to Post Q1 Earnings: What's in the Cards?
Zacks · 20h ago
Allegion Gears Up to Post Q3 Earnings: Is a Beat in the Cards?
Zacks · Oct 20
1 Safe-and-Steady Stock on Our Watchlist and 2 We Brush Off
StockStory · Oct 15
Fastenal Q3 Earnings Beat on Expense Leverage, Sales Miss Estimates
Zacks · Oct 14

Key stats

Market value$2.4B
P/E (last 12 months)7.0
P/E (next 12 months, estimated)13.3
52-week range$21.70 – $43.81
Revenue growth (latest quarter vs a year ago)+42.6%
Dividend yield2.56%
Analyst consensusUnderperform (7)
Average analyst price target$31.43 (+1%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
No cash-flow valuation
Model read-out from the numbers below, not advice. Score +1 (DCF counts double).
▲Forward P/E vs sector13.3x vs median 17.1x
•Piotroski F-score6/9
▲Altman Z3.2 (safe)
▲Net debt / EBITDA-0.2x
•Analyst target+1% (7 analysts)

Discounted cash flow

Trailing free cash flow is negative or missing, so a cash-flow DCF isn't meaningful by default. You can enter your own assumptions below.
Reverse DCFfor context, not a signal
Trailing free cash flow is zero or negative, so there's no growth rate to solve for. The price is betting on a turnaround to positive cash flow.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (FY to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.32 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Industrials

P/E (trailing)
sector median 26.4× · 2nd pct
7.0×
cheaper
Forward P/E
sector median 17.1× · 26th pct
13.3×
cheaper
EV / EBITDA
sector median 14.8× · 0th pct
3.7×
cheaper
Price / sales
sector median 2.1× · 26th pct
1.0×
cheaper
Price / book
sector median 3.5× · 12th pct
1.5×
cheaper
FCF yield
sector median 4.5% · 3rd pct
-3.4%
pricier

Forward EPS $2.33 vs trailing $4.42 (-47% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
41.2%
Operating margin
20.1%
FCF margin
-3.4%
Net margin
14.5%
Return on equity
21.8%
Return on invested capital
24.3%
Net debt / EBITDA
-0.2×
Current ratio
2.6×
Interest cover
16.5×
Cash conversion (OCF/NI)
-0.0×
Piotroski F-score 6/9 · last two fiscal years
✓ Positive net income✗ Positive operating cash flow✓ Return on assets improved✗ Cash flow above net income✓ Long-term debt / assets fell✓ Current ratio improved✓ No share dilution✓ Gross margin improved✗ Asset turnover improved

Altman Z-score 3.2 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$31
+1%
Analysts
7
Underperform
Range
$27–$35
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2026$2.4B$342.4M$-80.9M
2025$2.0B$93.1M$119.4M
2024$2.0B$109.3M$169.5M
2023$2.1B$118.5M$163.6M
2022$2.0B$144.6M$-278.4M
2021$1.8B$54.4M$108.4M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +4.3%.

Earnings

Next report: 2026-11-04 · before open · EPS est 2.65
24-1125-0225-0525-0825-1126-0226-0526-080.002.96
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-052.312.96+28.4%
2026-05-060.670.77+14.6%
2026-02-040.380.47+24.3%
2025-11-050.240.34+44.6%
2025-08-060.390.34-13.1%
2025-05-070.240.47+97.2%
2025-02-050.260.25-3.2%
2024-11-060.260.29+13.4%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$736.6M+42.6%
2026-03-31$592.6M–
2025-12-31$529.5M–
2025-09-30$498.0M–
2025-06-30$516.4M–
Analyst actions
JP Morgan
2026-10-08 · main
Underweight → Underweight
PT $30
DA Davidson
2026-08-11 · main
Neutral → Neutral
PT $30
UBS
2026-08-10 · main
Neutral → Neutral
PT $35
Morgan Stanley
2026-08-10 · down
Equal-Weight → Underweight
PT $27
Morgan Stanley
2026-07-17 · main
Equal-Weight → Equal-Weight
PT $31
JP Morgan
2026-07-13 · main
Underweight → Underweight
PT $34

Recent dividends

2026-08-11: $0.200 · 2026-05-12: $0.200 · 2026-02-10: $0.200 · 2025-11-10: $0.200 · 2025-08-12: $0.200 · 2025-05-13: $0.200 · 2025-02-11: $0.200 · 2024-11-12: $0.200
Insider trades
Chowbey Sanjay
President and CEO · 2026-09-10
Buy
$203.7K
Bacchus Judith L
Vice President · 2026-09-08
Sell
$293.1K
Keating Michelle R
Vice President · 2026-09-04
Sell
$610.7K
Harshman Richard J
Director · 2026-09-04
Buy
$151.1K
None
None · None
Sell
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–

Stats refreshed 2026-10-21 18:15:01 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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coteau

Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app

Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

Beta 0.9 · Oct 21, 2026