Kennametal Inc
Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide. It operates through two segments, Metal Cutting and Infrastructure. The Metal Cutting segment offers milling, hole making, turning, threading, and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships, and various types o… Read more
Kennametal Inc (KMT) - Net Assets
Latest net assets as of December 2025: $1.36 Billion USD
Based on the latest financial reports, Kennametal Inc (KMT) has net assets worth $1.36 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.60 Billion) and total liabilities ($1.24 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.36 Billion |
| % of Total Assets | 52.31% |
| Annual Growth Rate | 5.69% |
| 5-Year Change | -3.18% |
| 10-Year Change | 33.02% |
| Growth Volatility | 16.25 |
Kennametal Inc - Net Assets Trend (1986–2025)
This chart illustrates how Kennametal Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kennametal Inc (1986–2025)
The table below shows the annual net assets of Kennametal Inc from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $1.32 Billion | +2.80% |
| 2024-06-30 | $1.29 Billion | -1.95% |
| 2023-06-30 | $1.31 Billion | +1.78% |
| 2022-06-30 | $1.29 Billion | -5.62% |
| 2021-06-30 | $1.37 Billion | +7.84% |
| 2020-06-30 | $1.27 Billion | -7.70% |
| 2019-06-30 | $1.37 Billion | +11.73% |
| 2018-06-30 | $1.23 Billion | +16.88% |
| 2017-06-30 | $1.05 Billion | +5.71% |
| 2016-06-30 | $995.80 Million | -27.60% |
| 2015-06-30 | $1.38 Billion | -29.88% |
| 2014-06-30 | $1.96 Billion | +8.24% |
| 2013-06-30 | $1.81 Billion | +8.64% |
| 2012-06-30 | $1.67 Billion | +0.58% |
| 2011-06-30 | $1.66 Billion | +24.39% |
| 2010-06-30 | $1.33 Billion | +5.21% |
| 2009-06-30 | $1.27 Billion | -24.08% |
| 2008-06-30 | $1.67 Billion | +11.14% |
| 2007-06-30 | $1.50 Billion | +14.66% |
| 2006-06-30 | $1.31 Billion | +32.28% |
| 2005-06-30 | $990.32 Million | +9.62% |
| 2004-06-30 | $903.38 Million | +22.00% |
| 2003-06-30 | $740.46 Million | +2.18% |
| 2002-06-30 | $724.63 Million | -10.17% |
| 2001-06-30 | $806.63 Million | -3.44% |
| 2000-06-30 | $835.36 Million | +4.60% |
| 1999-06-30 | $798.60 Million | +2.69% |
| 1998-06-30 | $777.70 Million | +65.93% |
| 1997-06-30 | $468.70 Million | +3.83% |
| 1996-06-30 | $451.40 Million | +11.43% |
| 1995-06-30 | $405.10 Million | +21.21% |
| 1994-06-30 | $334.20 Million | +31.01% |
| 1993-06-30 | $255.10 Million | +1.43% |
| 1992-06-30 | $251.50 Million | +3.29% |
| 1991-06-30 | $243.50 Million | +5.14% |
| 1990-06-30 | $231.60 Million | +13.25% |
| 1989-06-30 | $204.50 Million | +9.83% |
| 1988-06-30 | $186.20 Million | +12.03% |
| 1987-06-30 | $166.20 Million | +8.41% |
| 1986-06-30 | $153.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kennametal Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 541.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.20 Billion | 93.60% |
| Common Stock | $95.02 Million | 7.40% |
| Other Comprehensive Income | $-386.69 Million | -30.12% |
| Other Components | $373.90 Million | 29.12% |
| Total Equity | $1.28 Billion | 100.00% |
Kennametal Inc Competitors by Market Cap
The table below lists competitors of Kennametal Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Varonis Systems, Inc.
LSE:0VOU
|
$2.82 Billion |
|
Banca Mediolanum SpA
OTCGREY:BNMDF
|
$2.82 Billion |
|
New York Community Bancorp Inc
NYSE:NYCB
|
$2.82 Billion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
$2.82 Billion |
|
Baytex Energy Corp
NYSE:BTE
|
$2.81 Billion |
|
GoTo Gojek Tokopedia PT
JK:GOTO
|
$2.81 Billion |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
$2.81 Billion |
|
Atlanta Braves Holdings, Inc. Series A Common Stock
NASDAQ:BATRA
|
$2.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kennametal Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,249,875,000 to 1,283,979,000, a change of 34,104,000 (2.7%).
- Net income of 93,125,000 contributed positively to equity growth.
- Dividend payments of 61,852,000 reduced retained earnings.
- Share repurchases of 60,120,000 reduced equity.
- Other comprehensive income increased equity by 47,895,000.
- Other factors increased equity by 15,056,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $93.12 Million | +7.25% |
| Dividends Paid | $61.85 Million | -4.82% |
| Share Repurchases | $60.12 Million | -4.68% |
| Other Comprehensive Income | $47.90 Million | +3.73% |
| Other Changes | $15.06 Million | +1.17% |
| Total Change | $- | 2.73% |
Book Value vs Market Value Analysis
This analysis compares Kennametal Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.28x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.79x to 2.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $3.83 | $37.52 | x |
| 1987-06-30 | $4.11 | $37.52 | x |
| 1988-06-30 | $4.56 | $37.52 | x |
| 1989-06-30 | $4.87 | $37.52 | x |
| 1990-06-30 | $5.48 | $37.52 | x |
| 1991-06-30 | $5.77 | $37.52 | x |
| 1992-06-30 | $5.85 | $37.52 | x |
| 1993-06-30 | $5.84 | $37.52 | x |
| 1994-06-30 | $6.69 | $37.52 | x |
| 1995-06-30 | $7.40 | $37.52 | x |
| 1996-06-30 | $8.23 | $37.52 | x |
| 1997-06-30 | $8.59 | $37.52 | x |
| 1998-06-30 | $13.34 | $37.52 | x |
| 1999-06-30 | $12.43 | $37.52 | x |
| 2000-06-30 | $12.85 | $37.52 | x |
| 2001-06-30 | $12.96 | $37.52 | x |
| 2002-06-30 | $11.29 | $37.52 | x |
| 2003-06-30 | $10.17 | $37.52 | x |
| 2004-06-30 | $12.16 | $37.52 | x |
| 2005-06-30 | $12.78 | $37.52 | x |
| 2006-06-30 | $16.38 | $37.52 | x |
| 2007-06-30 | $18.90 | $37.52 | x |
| 2008-06-30 | $21.07 | $37.52 | x |
| 2009-06-30 | $17.06 | $37.52 | x |
| 2010-06-30 | $16.10 | $37.52 | x |
| 2011-06-30 | $19.69 | $37.52 | x |
| 2012-06-30 | $20.19 | $37.52 | x |
| 2013-06-30 | $22.10 | $37.52 | x |
| 2014-06-30 | $24.22 | $37.52 | x |
| 2015-06-30 | $16.96 | $37.52 | x |
| 2016-06-30 | $12.08 | $37.52 | x |
| 2017-06-30 | $12.53 | $37.52 | x |
| 2018-06-30 | $14.43 | $37.52 | x |
| 2019-06-30 | $16.03 | $37.52 | x |
| 2020-06-30 | $14.81 | $37.52 | x |
| 2021-06-30 | $15.77 | $37.52 | x |
| 2022-06-30 | $14.92 | $37.52 | x |
| 2023-06-30 | $15.67 | $37.52 | x |
| 2024-06-30 | $15.63 | $37.52 | x |
| 2025-06-30 | $16.48 | $37.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kennametal Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.73%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.98x
- Recent ROE (7.25%) is above the historical average (6.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 0.39% | 0.17% | 1.18x | 1.96x | $-14.73 Million |
| 1987 | 10.35% | 4.85% | 1.08x | 1.97x | $580.00K |
| 1988 | 13.05% | 5.79% | 1.17x | 1.93x | $5.68 Million |
| 1989 | 14.67% | 6.35% | 1.23x | 1.87x | $9.55 Million |
| 1990 | 13.86% | 5.45% | 1.30x | 1.95x | $8.94 Million |
| 1991 | 8.67% | 3.42% | 1.30x | 1.96x | $-3.25 Million |
| 1992 | 5.13% | 2.17% | 1.26x | 1.88x | $-12.25 Million |
| 1993 | 7.88% | 3.36% | 1.34x | 1.76x | $-5.41 Million |
| 1994 | -1.27% | -0.51% | 1.15x | 2.16x | $-36.38 Million |
| 1995 | 17.43% | 6.94% | 1.26x | 1.99x | $29.11 Million |
| 1996 | 15.88% | 6.45% | 1.35x | 1.82x | $25.81 Million |
| 1997 | 15.67% | 6.23% | 1.33x | 1.89x | $26.04 Million |
| 1998 | 9.68% | 4.24% | 0.78x | 2.91x | $-2.35 Million |
| 1999 | 5.25% | 2.05% | 0.93x | 2.74x | $-35.41 Million |
| 2000 | 6.63% | 2.79% | 0.93x | 2.54x | $-26.32 Million |
| 2001 | 6.69% | 2.95% | 0.99x | 2.29x | $-26.39 Million |
| 2002 | -29.68% | -13.38% | 1.04x | 2.13x | $-283.30 Million |
| 2003 | 2.51% | 1.03% | 0.99x | 2.47x | $-54.03 Million |
| 2004 | 8.29% | 3.73% | 1.02x | 2.19x | $-15.14 Million |
| 2005 | 12.26% | 5.18% | 1.10x | 2.15x | $22.00 Million |
| 2006 | 19.78% | 11.00% | 0.96x | 1.88x | $126.75 Million |
| 2007 | 11.74% | 7.30% | 0.92x | 1.76x | $25.80 Million |
| 2008 | 10.18% | 6.20% | 0.97x | 1.69x | $2.98 Million |
| 2009 | -9.60% | -5.99% | 0.85x | 1.88x | $-244.49 Million |
| 2010 | 3.53% | 2.46% | 0.83x | 1.72x | $-85.13 Million |
| 2011 | 14.02% | 9.56% | 0.87x | 1.68x | $65.92 Million |
| 2012 | 18.69% | 11.23% | 0.90x | 1.85x | $142.84 Million |
| 2013 | 11.41% | 7.85% | 0.78x | 1.85x | $25.08 Million |
| 2014 | 8.21% | 5.58% | 0.73x | 2.00x | $-34.56 Million |
| 2015 | -27.78% | -14.12% | 0.93x | 2.12x | $-508.48 Million |
| 2016 | -23.43% | -10.77% | 0.89x | 2.45x | $-322.40 Million |
| 2017 | 4.83% | 2.39% | 0.85x | 2.37x | $-52.59 Million |
| 2018 | 16.76% | 8.45% | 0.81x | 2.45x | $80.75 Million |
| 2019 | 18.12% | 10.19% | 0.89x | 1.99x | $108.41 Million |
| 2020 | -0.46% | -0.30% | 0.62x | 2.47x | $-128.65 Million |
| 2021 | 4.09% | 2.96% | 0.69x | 2.00x | $-78.53 Million |
| 2022 | 11.55% | 7.19% | 0.78x | 2.05x | $19.37 Million |
| 2023 | 9.29% | 5.70% | 0.82x | 2.00x | $-9.09 Million |
| 2024 | 8.75% | 5.34% | 0.82x | 2.00x | $-15.66 Million |
| 2025 | 7.25% | 4.73% | 0.77x | 1.98x | $-35.27 Million |
Industry Comparison
This section compares Kennametal Inc's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $36,697,395,672
- Average return on equity (ROE) among peers: 7.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kennametal Inc (KMT) | $1.36 Billion | 0.39% | 0.91x | $2.81 Billion |
| Chervon Holdings Limited (CHRHF) | $1.04 Billion | 10.85% | 0.92x | $251.40 Million |
| Chicago Rivet & Machine Co (CVR) | $24.82 Million | 6.14% | 0.18x | $8.74 Million |
| Eastern Co (EML) | $70.04 Million | 7.91% | 0.46x | $98.45 Million |
| Federal Screw Works (FSCR) | $24.50 Million | 8.16% | 0.92x | $65.95K |
| Hillman Solutions Corp (HLMN) | $439.11 Million | -13.36% | 4.54x | $1.59 Billion |
| Husqvarna AB (HSQVY) | $17.28 Billion | 14.62% | 1.43x | $2.92 Billion |
| Husqvarna AB (publ) (HUQVF) | $11.39 Billion | 8.02% | 1.35x | $2.36 Billion |
| Lincoln Electric Holdings Inc (LECO) | $335.40 Million | 18.34% | 0.84x | $14.00 Billion |
| Makita Corp (MKTAY) | $299.67 Billion | 7.43% | 0.17x | $6.48 Billion |