Earnings summaries and quarterly performance for KENNAMETAL.
Executive leadership at KENNAMETAL.
Sanjay Chowbey
Detailed
President and Chief Executive Officer
CEO
Dave Bersaglini
Detailed
Vice President and President, Metal Cutting Segment
Faisal Hamadi
Detailed
Vice President and President, Infrastructure Segment
Michelle Keating
Detailed
Vice President, Secretary and General Counsel
Patrick Watson
Detailed
Vice President and Chief Financial Officer
Board of directors at KENNAMETAL.
Research analysts who have asked questions during KENNAMETAL earnings calls.
Angel Castillo Malpica
Morgan Stanley
5 questions for KMT
Also covers: AGCO, ALSN, CAT +15 more
Julian Mitchell
Barclays Investment Bank
5 questions for KMT
Also covers: AIRJ, ALLE, AME +26 more
Steve Barger
KeyBanc Capital Markets Inc.
4 questions for KMT
Also covers: AEIS, AME, AMKR +12 more
Tami Zakaria
JPMorgan Chase & Co.
4 questions for KMT
Also covers: ADM, AGCO, ALSN +23 more
Steven Fisher
UBS
3 questions for KMT
Also covers: ACM, AGCO, BBCP +22 more
Joseph Ritchie
Goldman Sachs
2 questions for KMT
Also covers: ALLE, CARR, CGNX +22 more
Michael Feniger
Bank of America
2 questions for KMT
Also covers: ACM, AGCO, CAT +11 more
Stephen Volkmann
Jefferies
2 questions for KMT
Also covers: AGCO, CARR, CAT +20 more
Christopher Dankert
Loop Capital Markets
1 question for KMT
Also covers: AIT, ATKR, BDC +10 more
Jacob Moore
Sidoti & Company, LLC
1 question for KMT
Also covers: AME, FLEX, FSS +3 more
Recent press releases and 8-K filings for KMT.
Kennametal Inc. Enters into New $650 Million Credit Agreement
KMT
Debt Issuance
- On November 17, 2025, Kennametal Inc. and Kennametal Europe GmbH entered into an unsecured $650 million five-year Seventh Amended and Restated Credit Agreement.
- This agreement replaces the company's previous Sixth Amended and Restated Credit Agreement dated June 14, 2022.
- The $650 million borrowing capacity includes sublimits of $50 million for Letters of Credit, $100 million for Swingline Loans, and $300 million for multicurrency borrowings.
- The agreement matures on November 17, 2030, and the borrowing capacity may be increased by an aggregate amount not to exceed $300 million.
- A financial covenant in the agreement stipulates that the Consolidated Leverage Ratio must not exceed 3.75 to 1.00, though this can be temporarily increased to 4.25 to 1.00 during a "Leverage Increase Period" following a Qualified Acquisition.
Nov 18, 2025, 9:11 PM
KMT Announces Q1 FY26 Results and Updates Outlook
KMT
Earnings
Guidance Update
Share Buyback
- KMT reported Q1 FY26 sales of $498 million, achieving 3% organic growth, and adjusted EPS of $0.34 per share, marking the first quarter of organic growth in two years.
- The company generated $17 million in cash from operations but recorded negative Free Operating Cash Flow (FOCF) of $(5) million for Q1 FY26.
- KMT returned $25 million to shareholders in Q1 FY26, comprising $10 million in share repurchases and $15 million in dividends.
- For Q2 FY26, KMT anticipates sales between $500 million and $520 million and adjusted EPS between $0.30 and $0.40. The full-year FY26 outlook projects sales between $2.10 billion and $2.17 billion and adjusted EPS in the range of $1.35 to $1.65.
Nov 5, 2025, 2:30 PM
KMT Reports Strong Q1 2026 Results and Raises FY 2026 Outlook
KMT
Earnings
Guidance Update
Share Buyback
- KMT reported strong Q1 2026 results, with sales up 3% organically year-over-year and adjusted EPS of $0.34, both exceeding previous outlooks.
- This marks the company's first quarter of organic growth in two years, supported by $8 million in restructuring savings.
- The company updated its fiscal year 2026 outlook, now expecting sales between $2.1 billion and $2.17 billion and adjusted EPS in the range of $1.35 to $1.65.
- KMT returned $25 million to shareholders in Q1 2026 through $10 million in share repurchases and $15 million in dividends.
- Despite rising tungsten costs, which are at historically high levels, KMT remains confident in its ability to offset the impact through pricing actions.
Nov 5, 2025, 2:30 PM
Kennametal Inc. Announces Strong Q1 2026 Results and Raised Outlook
KMT
Earnings
Guidance Update
Dividends
- Kennametal Inc. reported Q1 2026 sales of $498 million, a 3% increase on both a reported and organic basis, and adjusted diluted EPS of $0.34, up 18%.
- The company returned approximately $25 million to shareholders in Q1 2026, comprising $10 million in share repurchases and $15 million in dividends.
- Kennametal raised its fiscal year 2026 outlook, now expecting sales between $2.100 billion and $2.170 billion and adjusted EPS between $1.35 and $1.65.
Nov 5, 2025, 11:44 AM
Kennametal Announces Fiscal 2026 First Quarter Results
KMT
Earnings
Guidance Update
Dividends
- Kennametal reported fiscal 2026 first quarter sales of $498 million, an increase of 3% on both a reported and organic basis compared to the prior year quarter.
- The company's adjusted EPS for the first quarter was $0.34, an 18% increase from the prior year.
- Kennametal raised its fiscal 2026 annual outlook, with sales now expected to be $2.100 - $2.170 billion and adjusted EPS expected to be $1.35 - $1.65.
- The company returned approximately $25 million to shareholders in the quarter, consisting of $10 million in share repurchases and $15 million in dividends.
Nov 5, 2025, 11:30 AM
Almonty Industries Acquires Montana Tungsten Project
KMT
New Projects/Investments
M&A
- Almonty Industries has acquired the Gentung-Browns Lake tungsten project in Montana for approximately $9.75 million, aiming to reestablish U.S. domestic tungsten production.
- The company plans to begin extraction by late 2026, pending permit approvals, leveraging existing infrastructure to accelerate timelines and reduce capital costs.
- This strategic acquisition addresses a critical supply gap, with Almonty actively negotiating supply agreements with the U.S. Department of Defense.
- Almonty's shares surged over 600% in the past year, reflecting strong market demand and investor interest in critical minerals amidst supply chain concerns.
Oct 27, 2025, 11:00 PM
Kennametal Inc. Announces Q4 and Full-Year FY25 Results and FY26 Outlook
KMT
Earnings
Guidance Update
Demand Weakening
- Kennametal Inc. reported Q4 FY25 adjusted EPS of $0.34 and sales of $516 million, representing a 5% organic decline year-over-year, while full-year FY25 adjusted EPS was $1.34 on sales of $1.967 billion, a 4% organic decline.
- The company returned $20 million to shareholders in Q4 FY25 through $5 million in share repurchases and $15 million in dividends, contributing to a total of $122 million returned for the full fiscal year 2025.
- Market challenges, including lower global industrial activity, higher wages, general inflation, and tariffs, continued to pressure results, partially offset by price increases and restructuring savings.
- For FY26, Kennametal Inc. anticipates sales between $1.95 billion and $2.05 billion and adjusted EPS in the range of $0.90 to $1.30.
Aug 6, 2025, 1:30 PM
[Kennametal Inc Reports Fiscal Q3 2025 Earnings Results]
KMT
Earnings
Guidance Update
Share Buyback
Dividends
- Kennametal reported diluted EPS of $0.41 and adjusted EPS of $0.47 for Q3 2025, up from $0.24 and $0.30 in the prior year, reflecting improved profitability
- Total sales were $486M with a 3% organic decline, while adjusted EBITDA improved to $87M with margins rising from 14.2% to 17.9%, driven by successful cost initiatives
- Cost management benefits—including IRA credits, lower raw material costs, and restructuring savings—helped mitigate lower volumes
- The company returned approximately $40M to shareholders through $25M in share repurchases and $15M in dividends
- Updated fiscal 2025 outlook projects annual sales between $1.97–$1.99B and adjusted EPS of $1.30–$1.45
May 7, 2025, 1:30 PM
Quarterly earnings call transcripts for KENNAMETAL.
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