Kennametal Inc (KMT) — Capital Reinvestment Ratio
Kennametal Inc (KMT) has a Capital Reinvestment Ratio of 0.23x as of December 2025, meaning it reinvests 0% of its operating cash flow ($55.12 Million) in capital expenditures ($12.71 Million). Check tangible net worth ratio of Kennametal Inc to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Kennametal Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Kennametal Inc's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see how efficiently does Kennametal Inc generate cash.
Annual Capital Reinvestment Ratio for Kennametal Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Kennametal Inc from 1989 to 2025. See Kennametal Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.43x | $208.32 Million | $88.97 Million | ▲ +10.0% |
| 2024 | 0.39x | $277.11 Million | $107.56 Million | ▲ +6.1% |
| 2023 | 0.37x | $257.94 Million | $94.39 Million | ▼ -31.5% |
| 2022 | 0.53x | $181.44 Million | $96.92 Million | ▼ -1.1% |
| 2021 | 0.54x | $235.68 Million | $127.30 Million | ▼ -50.5% |
| 2020 | 1.09x | $223.74 Million | $244.15 Million | ▲ +54.4% |
| 2019 | 0.71x | $300.52 Million | $212.34 Million | ▲ +14.6% |
| 2018 | 0.62x | $277.30 Million | $171.00 Million | ▲ +0.4% |
| 2017 | 0.61x | $192.20 Million | $118.02 Million | ▲ +21.7% |
| 2016 | 0.50x | $219.32 Million | $110.70 Million | ▲ +75.7% |
| 2015 | 0.29x | $351.44 Million | $100.94 Million | ▼ -33.5% |
| 2014 | 0.43x | $271.87 Million | $117.38 Million | ▲ +48.1% |
| 2013 | 0.29x | $284.15 Million | $82.83 Million | ▼ -25.3% |
| 2012 | 0.39x | $289.58 Million | $113.04 Million | ▲ +8.0% |
| 2011 | 0.36x | $230.80 Million | $83.44 Million | ▲ +5.1% |
| 2010 | 0.34x | $164.83 Million | $56.68 Million | ▼ -36.9% |
| 2009 | 0.55x | $192.26 Million | $104.84 Million | ▼ -6.7% |
| 2008 | 0.58x | $279.79 Million | $163.49 Million | ▲ +26.4% |
| 2007 | 0.46x | $199.01 Million | $92.00 Million | ▼ -88.9% |
| 2006 | 4.18x | $19.05 Million | $79.59 Million | ▲ +854.5% |
| 2005 | 0.44x | $202.33 Million | $88.55 Million | ▲ +36.7% |
| 2004 | 0.32x | $177.86 Million | $56.96 Million | ▲ +17.7% |
| 2003 | 0.27x | $181.54 Million | $49.41 Million | ▼ -4.1% |
| 2002 | 0.28x | $155.16 Million | $44.04 Million | ▼ -11.2% |
| 2001 | 0.32x | $187.56 Million | $59.93 Million | ▲ +39.5% |
| 2000 | 0.23x | $221.21 Million | $50.66 Million | ▼ -48.2% |
| 1999 | 0.44x | $226.60 Million | $100.20 Million | ▼ -94.8% |
| 1998 | 8.47x | $101.50 Million | $860.10 Million | ▲ +1047.1% |
| 1997 | 0.74x | $99.90 Million | $73.80 Million | ▲ +9.7% |
| 1996 | 0.67x | $85.50 Million | $57.60 Million | ▼ -12.1% |
| 1995 | 0.77x | $56.60 Million | $43.40 Million | ▼ -50.6% |
| 1994 | 1.55x | $30.20 Million | $46.90 Million | ▲ +182.4% |
| 1993 | 0.55x | $42.00 Million | $23.10 Million | ▼ -28.9% |
| 1992 | 0.77x | $47.30 Million | $36.60 Million | ▼ -39.3% |
| 1991 | 1.27x | $43.40 Million | $55.30 Million | ▲ +22.6% |
| 1990 | 1.04x | $68.00 Million | $70.70 Million | ▲ +14.6% |
| 1989 | 0.91x | $63.60 Million | $57.70 Million | — |