$2.7 B

KMT Mkt cap, 22-May-2019

$597.2 M

Kennametal Revenue Q3, 2019
Kennametal Gross profit (Q3, 2019)208.1 M
Kennametal Gross profit margin (Q3, 2019), %34.8%
Kennametal Net income (Q3, 2019)70.1 M
Kennametal EBIT (Q3, 2019)81.9 M
Kennametal Cash, 31-Mar-2019112.6 M

Kennametal Revenue

Kennametal revenue was $2.37 b in FY, 2018 which is a 15% year over year increase from the previous period.

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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 Income Statement

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

Gross profit Margin, %

32%30%29%32%35%

Operating expense total

495.0m463.2m498.2m

Depreciation and amortization

20.8m16.6m14.7m

EBIT

263.4m(357.8m)(174.9m)112.9m307.6m

EBIT margin, %

9%(14%)(8%)5%13%

Interest expense

32.5m31.5m27.8m28.8m30.1m

Pre tax profit

228.8m(387.6m)(198.6m)81.9m275.0m

Income tax expense

66.6m(16.7m)25.3m29.9m70.0m

Net Income

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

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%

Depreciation and amortization

3.7m11.0m3.6m3.6m3.6m

EBIT

58.8m49.7m76.8m61.0m(333.8m)(120.4m)6.6m(234.0m)27.3m(9.2m)24.0m57.9m56.5m68.2m210.0m83.2m78.9m81.9m

EBIT margin, %

9%7%10%9%(49%)(19%)1%(45%)5%(2%)5%11%10%12%12%14%13%14%

Interest expense

7.1m8.0m8.9m8.2m8.0m7.8m7.0m6.8m7.1m7.0m7.2m7.3m7.1m7.2m21.8m8.1m8.1m8.1m

Pre tax profit

51.1m40.8m68.5m54.6m(344.0m)(127.8m)(1.5m)(240.0m)22.2m(16.3m)16.1m49.0m49.2m59.6m186.1m77.8m74.8m78.8m

Income tax expense

12.6m16.7m16.5m14.5m43.8m(82.2m)4.3m(71.2m)5.5m4.9m8.2m9.3m9.6m17.5m51.2m19.4m18.5m8.6m

Net Income

38.6m24.2m52.0m40.1m(387.7m)(45.6m)(5.7m)(168.8m)16.7m(21.2m)7.9m39.7m39.6m42.2m134.9m58.4m56.2m70.1m

Kennametal Balance Sheet

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

PP&E

884.5m815.8m730.6m744.4m824.2m

Goodwill

975.6m417.4m298.5m301.4m301.8m

Total Assets

3.9b2.8b2.4b2.4b2.9b

Accounts Payable

206.9m187.4m182.0m215.7m221.9m

Short-term debt

190.0k399.3m

Current Liabilities

562.8m482.7m427.3m461.5m886.5m

Long-term debt

695.0m591.5m

Total Debt

695.2m990.8m

Total Liabilities

1.4b1.4b1.7b

Common Stock

100.8m102.1m

Additional Paid-in Capital

395.9m419.8m436.6m474.5m511.9m

Retained Earnings

1.5b1.1b780.6m765.6m900.7m

Total Equity

2.0b1.4b995.8m1.1b1.2b

Debt to Equity Ratio

0.7 x0.8 x

Debt to Assets Ratio

0.3 x0.3 x

Financial Leverage

2 x2.1 x2.4 x2.3 x2.4 x

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

Goodwill

730.6m977.6m974.6m957.1m579.6m411.9m415.1m298.0m302.1m298.7m292.0m294.3m304.7m306.1m309.4m300.8m300.0m298.3m

Total Assets

3.3b3.8b3.9b3.8b3.3b3.0b2.8b2.4b2.5b2.3b2.3b2.3b2.4b2.5b2.6b2.5b2.5b2.6b

Accounts Payable

173.9m188.6m203.7m189.0m159.5m174.3m177.7m151.6m169.3m176.0m168.9m190.8m186.3m190.6m220.2m220.9m198.4m205.1m

Current Liabilities

424.8m539.3m589.3m538.4m528.7m524.5m438.4m395.0m421.4m402.6m390.2m426.8m397.0m407.6m477.8m439.2m412.1m430.0m

Total Liabilities

1.5b1.9b1.9b1.8b1.7b1.6b1.4b1.3b1.3b1.3b1.3b1.4b1.3b1.3b1.4b1.2b1.2b1.2b

Additional Paid-in Capital

383.7m392.1m388.6m407.4m412.0m415.1m422.7m426.7m430.7m443.2m450.6m457.3m476.7m500.4m506.9m517.3m522.4m524.4m

Retained Earnings

1.4b1.4b1.5b1.5b1.1b1.1b1.0b863.0m863.0m743.0m734.2m757.1m788.6m813.9m848.5m941.0m979.3m1.0b

Total Equity

1.9b1.9b1.9b2.0b1.5b1.4b1.3b1.2b1.2b969.4m934.7m979.6m1.1b1.2b1.2b1.3b1.3b1.4b

Financial Leverage

1.8 x2 x2 x1.9 x2.1 x2.1 x2.1 x2.1 x2.1 x2.4 x2.4 x2.4 x2.2 x2.1 x2.1 x2 x1.9 x1.9 x

Kennametal Cash Flow

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

Accounts Receivable

(45.0m)46.6m32.7m(7.6m)(22.2m)

Inventories

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

Accounts Payable

991.0k54.6m(5.0m)

Cash From Operating Activities

(199.4m)(72.4m)222.5m195.3m277.3m

Purchases of PP&E

(117.4m)(100.9m)(110.7m)(118.0m)(171.0m)

Cash From Investing Activities

(47.9m)(112.7m)(156.9m)

Long-term Borrowings

(94.6m)(25.9m)(190.0k)

Dividends Paid

(57.0m)(63.7m)(64.1m)(65.1m)

Cash From Financing Activities

(113.6m)(53.3m)247.2m

Net Change in Cash

56.1m29.1m365.5m

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

Accounts Receivable

(3.3m)(14.8m)9.0m14.0m(7.6m)

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)

Purchases of PP&E

(85.2m)(128.3m)(43.3m)(88.1m)(145.9m)

Dividends Paid

(32.5m)(48.8m)(16.4m)(32.8m)(49.3m)

Kennametal Ratios

USDY, 2019

Financial Leverage

1.9 x

Kennametal Employee Rating

3.3315 votes
Culture & Values
3.5
Work/Life Balance
3.2
Senior Management
2.8
Salary & Benefits
3.3
Career Opportunities
3.1
Source