Kennametal Inc (KMT) - Net Assets
Based on the latest financial reports, Kennametal Inc (KMT) has net assets worth $1.61 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.17 Billion) and total liabilities ($1.56 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. Check KMT PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.61 Billion |
| % of Total Assets | 50.9% |
| Annual Growth Rate | 6.06% |
| 5-Year Change | 24.95% |
| 10-Year Change | 53.27% |
| Growth Volatility | 16.21 |
Kennametal Inc - Net Assets Trend (1986–2026)
This chart illustrates how Kennametal Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Kennametal Inc.
Annual Net Assets for Kennametal Inc (1986–2026)
The table below shows the annual net assets of Kennametal Inc from 1986 to 2026. Also explore net asset growth rate of Kennametal Inc to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | $1.61 Billion | +21.80% |
| 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.61 Billion | 100.00% |
| Total Equity | $1.61 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 |
|---|---|
|
Five9 Inc
NASDAQ:FIVN
|
$2.27 Billion |
|
Grindwell Norton Limited
NSE:GRINDWELL
|
$2.27 Billion |
|
LEROY SEAFOOD GR.UNSP.ADR
F:Z1L0
|
$2.27 Billion |
|
Lennar Corporation
NYSE:LEN-B
|
$2.27 Billion |
|
GQG Partners Inc
AU:GQG
|
$2.27 Billion |
|
Boyd Group Services Inc.
NYSE:BGSI
|
$2.27 Billion |
|
Huabao Flavours & Fragrances Co Ltd Class A
SHE:300741
|
$2.27 Billion |
|
Zhuhai CosMX Battery Co Ltd
SHG:688772
|
$2.27 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 2025 to 2026, total equity changed from 1,283,979,000 to 1,613,437,000, a change of 329,458,000 (25.7%).
- Net income of 342,389,000 contributed positively to equity growth.
- Dividend payments of 60,847,000 reduced retained earnings.
- Share repurchases of 18,192,000 reduced equity.
- Other comprehensive income increased equity by 386,693,000.
- Other factors decreased equity by 320,585,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $342.39 Million | +21.22% |
| Dividends Paid | $60.85 Million | -3.77% |
| Share Repurchases | $18.19 Million | -1.13% |
| Other Comprehensive Income | $386.69 Million | +23.97% |
| Other Changes | $-320.58 Million | -19.87% |
| Total Change | $- | 25.66% |
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: 1.43x
- 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 7.77x to 1.43x 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 | $29.77 | x |
| 1987-06-30 | $4.11 | $29.77 | x |
| 1988-06-30 | $4.56 | $29.77 | x |
| 1989-06-30 | $4.87 | $29.77 | x |
| 1990-06-30 | $5.48 | $29.77 | x |
| 1991-06-30 | $5.77 | $29.77 | x |
| 1992-06-30 | $5.85 | $29.77 | x |
| 1993-06-30 | $5.84 | $29.77 | x |
| 1994-06-30 | $6.69 | $29.77 | x |
| 1995-06-30 | $7.40 | $29.77 | x |
| 1996-06-30 | $8.23 | $29.77 | x |
| 1997-06-30 | $8.59 | $29.77 | x |
| 1998-06-30 | $13.34 | $29.77 | x |
| 1999-06-30 | $12.43 | $29.77 | x |
| 2000-06-30 | $12.85 | $29.77 | x |
| 2001-06-30 | $12.96 | $29.77 | x |
| 2002-06-30 | $11.29 | $29.77 | x |
| 2003-06-30 | $10.17 | $29.77 | x |
| 2004-06-30 | $12.16 | $29.77 | x |
| 2005-06-30 | $12.78 | $29.77 | x |
| 2006-06-30 | $16.38 | $29.77 | x |
| 2007-06-30 | $18.90 | $29.77 | x |
| 2008-06-30 | $21.07 | $29.77 | x |
| 2009-06-30 | $17.06 | $29.77 | x |
| 2010-06-30 | $16.10 | $29.77 | x |
| 2011-06-30 | $19.69 | $29.77 | x |
| 2012-06-30 | $20.19 | $29.77 | x |
| 2013-06-30 | $22.10 | $29.77 | x |
| 2014-06-30 | $24.22 | $29.77 | x |
| 2015-06-30 | $16.96 | $29.77 | x |
| 2016-06-30 | $12.08 | $29.77 | x |
| 2017-06-30 | $12.53 | $29.77 | x |
| 2018-06-30 | $14.43 | $29.77 | x |
| 2019-06-30 | $16.03 | $29.77 | x |
| 2020-06-30 | $14.81 | $29.77 | x |
| 2021-06-30 | $15.77 | $29.77 | x |
| 2022-06-30 | $14.92 | $29.77 | x |
| 2023-06-30 | $15.67 | $29.77 | x |
| 2024-06-30 | $15.63 | $29.77 | x |
| 2025-06-30 | $16.48 | $29.77 | x |
| 2026-06-30 | $20.84 | $29.77 | 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): 21.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.53%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.96x
- Recent ROE (21.22%) is above the historical average (6.87%), 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 |
| 2026 | 21.22% | 14.53% | 0.74x | 1.96x | $181.05 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: $1,499,106,875
- Average return on equity (ROE) among peers: -1.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kennametal Inc (KMT) | $1.61 Billion | 0.39% | 0.96x | $2.27 Billion |
| Chicago Rivet & Machine Co (CVR) | $22.12 Million | 5.67% | 0.12x | $8.74 Million |
| Eastern Co (EML) | $70.04 Million | 7.91% | 0.46x | $133.89 Million |
| Hillman Solutions Corp (HLMN) | $1.15 Million | -2.83% | 1.23x | $1.40 Billion |
| Lincoln Electric Holdings Inc (LECO) | $995.31 Million | 21.33% | 0.73x | $14.09 Billion |
| RBC Bearings Incorporated (RBC) | $160.00 Million | 0.00% | 0.23x | $15.86 Billion |
| Snap-On Inc (SNA) | $337.30 Million | 17.70% | 0.36x | $19.25 Billion |
| Stanley Black & Decker Inc (SWK) | $11.07 Billion | 11.15% | 1.13x | $13.53 Billion |
| Toughbuilt Industries Inc (TBLT) | $57.90 Million | -64.82% | 0.36x | $47.70K |
| Timken Company (TKR) | $781.74 Million | -5.33% | 2.24x | $8.14 Billion |
About 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