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). See Kennametal Inc net asset quality index to measure how much of total assets are equity-financed.
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. Check total reinvestment intensity of Kennametal Inc to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Kennametal Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Kennametal Inc from 1989 to 2025. For live market cap and broader valuation context, see market cap of Kennametal Inc.
| 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 | — |