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 nd 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
HQPittsburgh, US
Websitekennametal.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Jun 2019)10,400
Job Openings73
Revenue (FY, 2019)$2.4 B
Share Price (Aug 2020)$31.2 (+2%)
Cybersecurity ratingCMore

Key People/Management at Kennametal

Lawrence W. Stranghoener

Lawrence W. Stranghoener

Chairman
Christopher Rossi

Christopher Rossi

President and Chief Executive Officer, Director
Damon Audia

Damon Audia

Vice President and Chief Financial Officer
Judith L. Bacchus

Judith L. Bacchus

Vice President and Chief Administrative Officer
Alexander Broetz

Alexander Broetz

Vice President, Kennametal Inc. and President, WIDIA
Franklin Cardenas

Franklin Cardenas

Vice President, Kennametal Inc. and President, Infrastructure Segment
Show more

Kennametal Office Locations

Kennametal has offices in Pittsburgh, Latrobe, Bengaluru, Singapore and in 1 other location
Pittsburgh, US (HQ)
525 William Penn Place, 525 William Penn Pl #3300
Latrobe, US
1600 Technology Way
Bengaluru, IN
8/9th Mile, Tumkur Road, Manjunatha Nagar, Bagalakunte
Singapore, SG
3A International Business Park, Unit #01-02/03/05, ICON@IBP
Neuhausen am Rheinfall, CH
50 Rheingoldstrasse
Show all (5)

Kennametal Financials and Metrics

Kennametal Revenue

Embed Graph
View revenue for all periods
Kennametal's revenue was reported to be $2.38 b in FY, 2019
USD

Revenue (Q3, 2020)

483.1m

Gross profit (Q3, 2020)

157.0m

Gross profit margin (Q3, 2020), %

32.5%

Net income (Q3, 2020)

2.2m

EBIT (Q3, 2020)

37.9m

Market capitalization (12-Aug-2020)

2.6b

Closing stock price (12-Aug-2020)

31.2

Cash (31-Mar-2020)

85.2m

EV

3.1b
Kennametal's current market capitalization is $2.6 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.4b2.7b2.6b2.8b2.6b2.1b2.1b2.4b2.4b

Revenue growth, %

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

Cost of goods sold

1.5b1.7b1.7b1.9b1.8b1.5b1.4b1.5b1.5b

Gross profit

884.4m994.3m845.0m897.0m806.0m616.1m657.7m832.3m831.5m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

529.2m565.8m614.8m658.9m641.7m696.4m629.5m633.1m655.4m619.8m689.9m755.2m694.9m675.6m639.0m555.4m524.0m497.8m477.1m487.6m528.6m542.5m571.3m1.7b586.7m587.4m597.2m518.1m505.1m483.1m

Cost of goods sold

340.4m365.7m384.8m407.8m409.9m450.0m421.1m433.7m446.9m421.6m483.0m516.3m476.8m476.2m439.5m404.1m383.2m340.5m333.6m340.0m342.4m357.5m378.8m1.1b375.6m388.8m389.1m379.1m373.1m326.1m

Gross profit

188.7m200.0m230.0m251.1m231.9m246.4m208.3m199.4m208.5m198.2m207.0m239.0m218.1m199.5m199.5m151.2m140.8m157.4m143.5m147.6m186.3m185.0m192.5m597.0m211.1m198.6m208.1m139.0m132.0m157.0m

Gross profit Margin, %

36%35%37%38%36%35%33%32%32%32%30%32%31%30%31%27%27%32%30%30%35%34%34%35%36%34%35%27%26%33%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

204.6m116.5m377.3m177.9m105.5m161.6m190.6m556.2m182.0m

Accounts Receivable

447.8m479.0m445.3m630.0k380.4m401.3m379.9m

Prepaid Expenses

55.0m50.6m48.3m57.4m

Inventories

520.0m585.9m578.8m703.8m575.5m458.8m487.7m525.5m571.6m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

124.2m147.2m184.2m102.5m128.5m125.5m110.5m216.8m322.1m333.3m163.3m161.8m156.2m146.3m146.2m97.2m139.0m136.6m119.4m102.0m100.8m110.7m159.9m221.9m102.1m96.3m112.6m113.5m105.2m85.2m

Accounts Receivable

342.8m340.5m418.5m420.7m404.9m481.8m437.7m412.6m442.5m392.9m386.7m380.7m403.4m327.6m310.4m304.2m

Prepaid Expenses

48.8m47.6m52.5m48.6m56.2m51.8m48.4m56.1m48.5m68.1m63.5m63.5m58.2m67.1m97.8m

Inventories

418.0m426.0m466.1m559.5m571.1m630.9m624.3m619.5m575.9m631.8m730.7m738.9m709.9m662.9m632.5m549.6m477.5m485.4m459.3m449.9m490.2m514.7m507.5m537.2m569.3m578.6m588.6m557.1m522.5m516.8m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

229.7m307.2m203.3m162.2m(371.0m)(223.9m)52.0m205.1m247.9m

Depreciation and Amortization

81.9m104.1m113.1m104.0m26.7m117.5m107.7m108.7m112.1m

Inventories

(124.1m)(63.8m)5.9m(5.3m)70.9m69.6m(24.3m)(37.2m)(53.4m)

Accounts Payable

100.3m(57.0m)(90.4m)991.0k54.6m(5.0m)(49.4m)
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

34.9m78.4m143.1m72.0m145.7m221.2m46.4m88.5m142.4m38.6m24.2m52.0m40.1m(387.7m)(45.6m)(5.7m)(168.8m)16.7m(21.2m)7.9m39.7m39.6m81.8m134.9m58.4m114.7m184.8m7.4m1.2m3.4m

Depreciation and Amortization

19.8m39.9m60.2m20.7m41.3m63.2m23.9m45.5m69.3m7.0m6.9m6.4m6.2m5.6m4.4m4.3m4.2m4.2m53.4m81.0m27.6m54.9m82.9m31.1m60.8m89.5m

Inventories

(34.0m)(45.1m)(74.7m)(62.7m)(83.4m)(85.3m)(31.6m)(22.9m)9.2m549.6m477.5m485.4m459.3m449.9m490.2m514.7m(9.1m)(32.9m)(48.6m)(59.2m)(71.8m)2.7m34.3m29.9m

Accounts Payable

(9.6m)(21.2m)37.3m(64.7m)(67.3m)(57.0m)(89.2m)(135.8m)(132.2m)177.7m151.6m169.3m176.0m168.9m190.8m186.3m(66.6m)(15.7m)(52.7m)(82.8m)(57.2m)(47.1m)(28.5m)(34.4m)
USDQ1, 2011

Financial Leverage

1.7 x
Show all financial metrics

Kennametal Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Kennametal Revenue Breakdown

Embed Graph

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

Embed Graph

Kennametal News and Updates

Kennametal to Attend Jefferies Virtual Industrials Conference

PITTSBURGH, Aug. 6, 2020 /PRNewswire/ -- Kennametal (NYSE: KMT) announced today that they will attend the Jefferies Virtual Industrials Conference. Details of the conference are as follows: When: Thursday, August 6, 2020 Attendees: Chris Rossi, President and Chief Executive Officer Damon...

Kennametal Accelerates Structural Changes from Simplification/Modernization; Outlines Cost-Control Actions to Mitigate COVID-19 Headwinds

PITTSBURGH, June 9, 2020 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today is providing an update on its ongoing Simplification/Modernization initiative. In addition, it is announcing continuing cost-control actions to mitigate the lower market conditions associated with COVID-19....

Kennametal Provides Update on Previously Announced Restructuring Actions

PITTSBURGH, Jan. 7, 2020 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today provided an update on its progress toward previously announced restructuring actions. These actions are part of the Company's ongoing Simplification/Modernization initiatives to enable a leaner structure and...

Kennametal warns of revenue 'well below' expectations, slashed outlook

Shares of Kennametal Inc. plunged 15% in premarket trading Monday, after the industrial technology company warned Monday that fiscal first-quarter revenue would fall well more than expected and slashed its full-year outlook, citing further slowing in the general engineering, energy and transportati…

Kennametal Provides Preliminary Fiscal 2020 First Quarter Results and Revises Full Year Outlook

PITTSBURGH, Oct. 21, 2019 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced preliminary results for the first quarter of fiscal 2020 with sales of approximately $518 million, a decline of approximately 12 percent from the prior year, reflecting further slowing of market...

Kennametal Announces Fourth Quarter and Fiscal 2019 Results; Outlook for Fiscal 2020

PITTSBURGH, Aug. 5, 2019 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today announced fourth quarter and fiscal 2019 results. For the fourth quarter, the Company reported EPS of $0.74, compared with $0.83 the prior year quarter. The current quarter adjusted EPS was $0.84,...
Show more

Kennametal Frequently Asked Questions

  • When was Kennametal founded?

    Kennametal was founded in 1938.

  • Who are Kennametal key executives?

    Kennametal's key executives are Lawrence W. Stranghoener, Christopher Rossi and Damon Audia.

  • How many employees does Kennametal have?

    Kennametal has 10,400 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 $228.4 k.

  • Who are Kennametal competitors?

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

  • Where is Kennametal headquarters?

    Kennametal headquarters is located at 525 William Penn Place, 525 William Penn Pl #3300, Pittsburgh.

  • Where are Kennametal offices?

    Kennametal has offices in Pittsburgh, Latrobe, Bengaluru, Singapore and in 1 other location.

  • How many offices does Kennametal have?

    Kennametal has 5 offices.