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Kennametal KMT Accrued Expenses

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Other financials

Income statement

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Revenue$592.6M+21.8%
Gross profit$208.0M+33.0%
Operating income$79.4M+80.3%
Net income$58.2M+85.0%
EPS (diluted)$0.75+82.9%

Balance sheet

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Cash & equivalents$106.9M+9.6%
Total debt$635.6M+2.2%
Total equity$1.4B+9.5%
Total assets$2.7B+9.6%

Cash flow

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Operating cash flow$55.1M-0.1%
CapEx$18.0M-23.6%
Free cash flow$42.4M+18.0%

Valuation

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Market cap$2.41B+55.3%
Enterprise value$2.94B+44.9%
P/E17.6×+0.9×
P/S1.1×+0.3×

Profitability

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Gross margin31.9%+0.6pp
Operating margin9.4%+0.7pp
Net margin6.4%+1.0pp
FCF margin4.9%-4.8pp

Returns & leverage

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Return on equity10.6%+1.9pp
Debt / equity0.5×0.0×
Current ratio2.4×-0.1×

Where this comes from

Reported directly by Kennametal in its filing.

Tagged under the XBRL concept us-gaap:AccrualForEnvironmentalLossContingencies.

The source filing: Kennametal’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:24 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-031335

We establish and maintain accruals for estimated liabilities associated with certain environmental matters. At March 31, 2026, the balance of such accruals was $10.8 million, of which $1.3 million was current. At June 30, 2025, the balance was $11.0 million, of which $1.4 million was current.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Kennametal's accrued expenses?
Kennametal (KMT) reported accrued expenses of $10.8M in Q1 2026.
How has Kennametal's accrued expenses changed year-over-year?
Kennametal's accrued expenses decreased by 0.9% year-over-year, from $10.9M to $10.8M.
What is the long-term trend for Kennametal's accrued expenses?
Over 4 years (2021 to 2025), Kennametal's accrued expenses has grown at a -29.4% compound annual growth rate (CAGR), from $44.39M to $11M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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