Kennametal Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $342.4M | $93.1M | $109.3M | $118.5M | $144.6M | $54.4M | $-5.7M | $241.9M |
| Depreciation & Amortization | $143.2M | $136.5M | $134.7M | $134.0M | $131.7M | $126.5M | $119.9M | $112.1M |
| Depreciation | $133.6M | $125.7M | $123.1M | $121.4M | $118.7M | $112.5M | $106.0M | $97.6M |
| Amortization | $9.5M | $10.8M | $11.6M | $12.6M | $13.0M | $14.0M | $13.8M | $14.4M |
| Stock-Based Compensation | $34.9M | $22.1M | $24.3M | $24.7M | $21.0M | $24.8M | $16.0M | $22.8M |
| Net Cash from Operating Activities | $-4.0M | $208.3M | $277.1M | $257.9M | $-181.4M | $235.7M | $223.7M | $300.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $76.9M | $89.0M | $107.6M | $94.4M | $96.9M | $127.3M | $244.2M | $212.3M |
| Business Acquisitions | $0 | $0 | $4.0M | $0 | $0 | — | — | — |
| Net Cash from Investing Activities | $-71.3M | $-61.8M | $-109.4M | $-89.2M | $-94.9M | $-123.0M | $-218.3M | $-201.5M |
| Financing Activities | ||||||||
| Dividends Paid | $60.8M | $61.9M | $63.4M | $64.5M | $66.6M | $66.7M | $66.3M | $65.7M |
| Stock Repurchases | $10.1M | $60.1M | $65.6M | $49.3M | $85.5M | $197.0K | $209.0K | $214.0K |
| Net Cash from Financing Activities | $31.6M | $-133.9M | $-141.7M | $-143.1M | $-150.7M | $-574.2M | $425.5M | $-471.4M |
| Net Change in Cash | $-44.7M | $12.6M | $22.0M | $20.4M | $-68.5M | $-452.6M | $424.7M | $-374.1M |
| Free Cash Flow | $-80.9M | $119.4M | $169.5M | $163.6M | $-278.4M | $108.4M | $-20.4M | $88.2M |