Kennametal Inc. (KMT) is a publicly traded company in the Industrials — Manufacturing - Tools & Accessories industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Kennametal Inc. is a global leader in developing and applying cutting-edge materials, including tungsten carbides, ceramics, and super-hard compounds. Their core mission is to provide robust solutions for demanding industrial applications, specifically in metal cutting and environments prone to extreme wear, high temperatures, and corrosion, serving clients worldwide. The company's operations are structured into two primary segments: Metal Cutting and Infrastructure.
Is Kennametal Inc. stock overvalued or undervalued in 2026?
Kennametal Inc. (KMT) trades at 6.9× earnings (P/E), against a median of 25.9× across the 298 industrials companies above $2bn in Kaplio's universe. No valuation verdict: it lacks ten years of earnings to compare it with, and its sector alone is not enough for a reliable reference price.
Kaplio overview: Kennametal Inc.
Market cap $2B · 52 weeks $22 – $43 (29% below the high) · P/E 6.9× · 2027 est. P/E 6.2× · Dividend 2.6% · Next earnings November 4, 2026 · expected EPS $2.65 · Closing price, Nov 3 · accounts published Aug 5.
- Valuation: TTM P/E 6.9× (no verdict).
- Business: ROIC 14% (fair).
- Balance sheet: Net debt/EBITDA 1.0× (solid).
- Earnings: 6 of 8 (on track).
Where would it trade at its usual multiples?
No valuation verdict: it lacks ten years of earnings to compare it with, and today's P/E (6.9) is so far from its sector's (25.9) that it gives no reliable reference price.
What matters in industrials: 7 of 10 pass
- FCF conversion −23.6%, fails.
- Capex / Revenue 3.3%, fails.
- ROIC 14.3%, borderline.
- 5y revenue growth 7.0%, passes.
- Operating margin 20.1%, passes.
- Net debt / EBITDA 1.0×, passes.
- Altman Z-Score 3.3, passes.
- Piotroski F-Score 7 of 9, passes.
- P/E vs own 10y history 6.9×, passes.
- Cycle-adjusted EV/EBITDA 4.9×, passes.
Against its peers (reference peers) — Kennametal Inc.: P/E 6.9×; EV/EBITDA 4.9×; ROIC 14.3%; $2.3B. Helios Technologies, Inc. (P/E 32.0×; EV/EBITDA 12.9×; ROIC 5.1%; $2.3B), Pitney Bowes Inc. (P/E 12.2×; EV/EBITDA 8.5×; ROIC 20.8%; $2.1B), ArcBest Corp (P/E 195×; EV/EBITDA 15.4×; ROIC 1.2%; $3.0B).
Dividend
tight · Yield (last 12 months) 2.6% · $0.80 per share in 2026 · 5-year growth 0% a year · Free cash flow coverage 1.1× (last three fiscal years) · With $1,000 invested today you'd collect $26.00 a year ($2.17 a month).
Profitability
| Return on Equity | 24.79% |
| Return on Invested Capital | 14.33% |
| Return on Assets | 10.80% |
| Gross Margin | 41.06% |
| Operating Margin | 20.31% |
| Net Margin | 14.53% |
Financial Health
| Debt / Equity | 0.49 |
| Current Ratio | 2.62 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 3.34 |
Price Performance
| 1 month | -7.09% |
| 3 months | -9.81% |
| Year-to-date | +7.46% |
| 1 year | +38.08% |
| 3 years | +27.16% |
| 5 years | -20.80% |
| 10 years | +7.39% |
Dividend History
Paid in the last 12 months: $0.80 per share in 4 payments.
| Date | Amount |
|---|---|
| November 9, 2026 | $0.20 |
| August 11, 2026 | $0.20 |
| May 12, 2026 | $0.20 |
| February 10, 2026 | $0.20 |
| November 10, 2025 | $0.20 |
| August 12, 2025 | $0.20 |
| May 13, 2025 | $0.20 |
| February 11, 2025 | $0.20 |
| November 12, 2024 | $0.20 |
| August 13, 2024 | $0.20 |
Amounts adjusted for stock splits.
Related companies: ARCB · CECO · HLIO · PBI
Explore sector: Industrials · Manufacturing - Tools & Accessories
More sections of KMT: Financials · Valuation · Estimates · Technical · Ownership
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