Kennametal Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.36B | $1.97B | $2.05B | $2.08B | $2.01B | $1.84B | $1.89B | $2.38B |
| Cost of Revenue | $1.39B | $1.37B | $1.42B | $1.43B | $1.36B | $1.29B | $1.36B | $1.54B |
| Gross Profit | $970.0M | $598.1M | $627.1M | $646.4M | $648.0M | $552.5M | $529.5M | $831.5M |
| Gross Margin | 41.2% | 30.4% | 30.6% | 31.1% | 32.2% | 30.0% | 28.1% | 35.0% |
| Operating Expenses | ||||||||
| Research & Development | $43.2M | $44.4M | $44.2M | $43.1M | $42.1M | $39.5M | $38.7M | $39.0M |
| SG&A Expense | $479.0M | $430.8M | $433.2M | — | — | — | — | — |
| Operating Income | $472.5M | $143.1M | $170.2M | $192.4M | $218.1M | $102.2M | $22.3M | $328.9M |
| Operating Margin | 20.1% | 7.3% | 8.3% | 9.3% | 10.8% | 5.5% | 1.2% | 13.8% |
| Interest Expense | — | — | — | $28.5M | $25.9M | $46.4M | $35.2M | $33.0M |
| Pretax Income | $461.3M | $132.0M | $144.5M | $159.6M | $206.7M | $64.7M | $2.0M | $311.2M |
| Income Tax Expense | $110.9M | $33.3M | $30.8M | $36.3M | $56.5M | $6.2M | $7.0M | $63.4M |
| Net Income | $342.4M | $93.1M | $109.3M | $118.5M | $144.6M | $54.4M | $-5.7M | $241.9M |
| Net Margin | 14.5% | 4.7% | 5.3% | 5.7% | 7.2% | 3.0% | -0.3% | 10.2% |
| EPS (Basic) | $4.49 | $1.21 | $1.38 | $1.47 | $1.74 | $0.65 | $-0.07 | $2.94 |
| EPS (Diluted) | $4.42 | $1.20 | $1.37 | $1.46 | $1.72 | $0.65 | $-0.07 | $2.90 |
| Shares Outstanding (Basic) | 76.2M | 77.3M | 79.4M | 80.8M | 83.3M | 83.6M | 83.0M | 82.4M |
| Shares Outstanding (Diluted) | 77.4M | 77.9M | 80.0M | 81.4M | 83.9M | 84.3M | 83.0M | 83.3M |
| Dividends Per Share | $0.80 | $0.80 | $0.80 | $0.80 | $0.80 | $0.80 | $0.80 | $0.80 |