OverviewSuggest Edit

Kennametal is a supplier of tooling, engineered components and materials consumed in production processes. The Company operates through two segments: the Industrial segment focuses on customers in the transportation, general engineering, aerospace and defense market sectors, as well as the machine tool industry; and the Infrastructure segment focuses on customers in the energy and earthworks market sectors. Kennametal provides wear-resistant products, application engineering and services backed by material science serving customers across diverse sectors of industrial production, transportation, earthworks, energy, construction, process industries and aerospace.

TypePublic
Founded1938
HQLatrobe, US
Websitekennametal.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Jun 2018)10,500(-1%)
Job Openings216
Revenue (FY, 2018)$2.4 B(+16%)
Share Price (May 2019)$33.3 (-2%)

Kennametal Office Locations

Kennametal has offices in Latrobe, Neuhausen am Rheinfall, Singapore and Bengaluru
Latrobe, US (HQ)
1600 Technology Way
Bengaluru, IN
Tumkur Main Rd
Singapore, SG
3A International Business Park, Unit #01-02/03/05, ICON@IBP
Neuhausen am Rheinfall, CH
50 Rheingoldstrasse
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Kennametal Financials and Metrics

Kennametal Revenue

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Kennametal's revenue was reported to be $2.37 b in FY, 2018 which is a 15% increase from the previous period.
USD

Revenue (Q3, 2019)

597.2m

Gross profit (Q3, 2019)

208.1m

Gross profit margin (Q3, 2019), %

34.8%

Net income (Q3, 2019)

70.1m

EBIT (Q3, 2019)

81.9m

Market capitalization (22-May-2019)

2.7b

Closing stock price (22-May-2019)

33.3

Cash (31-Mar-2019)

112.6m
Kennametal's current market capitalization is $2.7 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

2.8b2.6b2.1b2.1b2.4b

Revenue growth, %

(7%)(21%)(2%)15%

Cost of goods sold

1.9b1.8b1.5b1.4b1.5b

Gross profit

897.0m806.0m616.1m657.7m832.3m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

619.8m689.9m755.2m694.9m675.6m639.0m555.4m524.0m497.8m477.1m487.6m528.6m542.5m571.3m1.7b586.7m587.4m597.2m

Cost of goods sold

421.6m483.0m516.3m476.8m476.2m439.5m404.1m383.2m340.5m333.6m340.0m342.4m357.5m378.8m1.1b375.6m388.8m389.1m

Gross profit

198.2m207.0m239.0m218.1m199.5m199.5m151.2m140.8m157.4m143.5m147.6m186.3m185.0m192.5m597.0m211.1m198.6m208.1m

Gross profit Margin, %

32%30%32%31%30%31%27%27%32%30%30%35%34%34%35%36%34%35%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

177.9m105.5m161.6m190.6m556.2m

Accounts Receivable

630.0k380.4m401.3m

Inventories

703.8m575.5m458.8m487.7m525.5m

Current Assets

1.5b1.3b1.1b1.1b1.5b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

333.3m163.3m161.8m156.2m146.3m146.2m97.2m139.0m136.6m119.4m102.0m100.8m110.7m159.9m221.9m102.1m96.3m112.6m

Inventories

631.8m730.7m738.9m709.9m662.9m632.5m549.6m477.5m485.4m459.3m449.9m490.2m514.7m507.5m537.2m569.3m578.6m588.6m

Current Assets

1.5b1.5b1.5b1.5b1.4b1.3b1.2b1.1b1.1b991.8m971.7m1.0b1.1b1.1b1.2b1.1b1.1b1.2b

PP&E

748.6m874.4m885.6m858.7m843.1m813.0m800.6m719.5m725.5m735.4m725.1m728.8m779.7m805.0m834.4m855.1m885.8m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

162.2m(371.0m)(223.9m)52.0m205.1m

Depreciation and Amortization

104.0m26.7m117.5m107.7m108.7m

Inventories

(5.3m)70.9m69.6m(24.3m)(37.2m)

Accounts Payable

991.0k54.6m(5.0m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

38.6m24.2m52.0m40.1m(387.7m)(45.6m)(5.7m)(168.8m)16.7m(21.2m)7.9m39.7m39.6m81.8m134.9m58.4m114.7m184.8m

Depreciation and Amortization

7.0m6.9m6.4m6.2m5.6m4.4m4.3m4.2m4.2m53.4m81.0m27.6m54.9m82.9m

Inventories

549.6m477.5m485.4m459.3m449.9m490.2m514.7m(9.1m)(32.9m)(48.6m)(59.2m)(71.8m)

Accounts Payable

177.7m151.6m169.3m176.0m168.9m190.8m186.3m(66.6m)(15.7m)(52.7m)(82.8m)(57.2m)
USDY, 2019

Financial Leverage

1.9 x
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Kennametal Revenue Breakdown

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Kennametal revenue breakdown by business segment: 54.6% from Industrial, 8.4% from Widia and 37.0% from Infrastructure

Kennametal revenue breakdown by geographic segment: 11.5% from China, 41.0% from United States, 14.0% from Germany and 33.6% from Other

Kennametal Online and Social Media Presence

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Kennametal News and Updates

Kennametal Announces Fiscal 2019 Third Quarter Results: 10th consecutive quarter of year-over-year earnings per share growth

PITTSBURGH, May 6, 2019 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2019 third quarter ended March 31, 2019, with EPS of $0.82, compared with $0.61 in the prior year quarter, and adjusted EPS of $0.77, compared with $0.70 in the prior...

Kennametal to Host Earnings Conference Call & Webcast on Third Quarter Fiscal 2019 Results

PITTSBURGH, April 10, 2019 /PRNewswire/ -- Kennametal (NYSE: KMT) will host its third quarter fiscal 2019 earnings call on Tuesday, May 7, 2019. The press release and presentation will be available on the Company's website after market close on Monday, May 6, 2019. Details of the...

Kennametal to Attend the Evercore ISI Industrials Conference

PITTSBURGH, Feb. 26, 2019 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the Evercore ISI Industrials Conference. Details of the conference are as follows: When: Tuesday, March 5, 2019 Attendees: Patrick Watson, VP Finance and Corporate Controller Kelly...

Kennametal to Attend the Barclays Industrial Select Conference

PITTSBURGH, Feb. 11, 2019 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the Barclays Industrial Select Conference. Details of the conference are as follows: When: Thursday, February 21, 2019 Attendees: Patrick Watson, VP Finance and Corporate Controller ...

Cutting Tools Market 2019 Global Analysis By Key Players – Sandvik, Kennametal, Iscar, Mitsubishi, Kyocera, Sumitomo, Mapal

WiseGuyReports.Com Publish a New Market Research Report On –“ Cutting Tools Market 2019 Global Analysis By Key Players – Sandvik, Kennametal, Iscar, Mitsubishi, Kyocera, Sumitomo, Mapal”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Kennametal Announces Fiscal 2019 Second Quarter Results

PITTSBURGH, Feb. 4, 2019 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2019 second quarter ended December 31, 2018, with EPS of $0.66, compared with $0.50 in the prior year quarter, and adjusted EPS of $0.71, compared with $0.52 in the...
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Kennametal Frequently Asked Questions

  • When was Kennametal founded?

    Kennametal was founded in 1938.

  • How many employees does Kennametal have?

    Kennametal has 10,500 employees.

  • What is Kennametal revenue?

    Latest Kennametal annual revenue is $2.4 b.

  • What is Kennametal revenue per employee?

    Latest Kennametal revenue per employee is $225.5 k.

  • Who are Kennametal competitors?

    Competitors of Kennametal include Ingersoll Cutting Tools, Sumitomo Electric Industries and THK.

  • Where is Kennametal headquarters?

    Kennametal headquarters is located at 1600 Technology Way, Latrobe.

  • Where are Kennametal offices?

    Kennametal has offices in Latrobe, Neuhausen am Rheinfall, Singapore and Bengaluru.

  • How many offices does Kennametal have?

    Kennametal has 4 offices.