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Kennametal KMT Infrastructure — Capital expenditures:

Other segment segments

Metal Cutting
$11.58M-25.5%

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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$2.58B+64.7%
Enterprise value$3.11B+52.1%
P/E18.8×+2.0×
P/S1.2×+0.4×

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:SegmentExpenditureAdditionToLongLivedAssets.

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
(in thousands)Three Months Ended March 31, 2026Three Months Ended March 31, 2025Nine Months Ended March 31, 2026Nine Months Ended March 31, 2025
Total depreciation and amortization$38,166$33,853$107,580$101,421
Capital expenditures:
Metal Cutting$11,575$15,545$28,979$43,967
Infrastructure6,4137,99324,70123,539
Total capital expenditures$17,988$23,538$53,680$67,506
March 31, 2026March 31, 2025
Segment assets (3) :
Metal Cutting$1,363,641$1,402,985

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Kennametal's infrastructure — capital expenditures:?
Kennametal (KMT) reported infrastructure — capital expenditures: of $6.41M in Q1 2026.
How has Kennametal's infrastructure — capital expenditures: changed year-over-year?
Kennametal's infrastructure — capital expenditures: decreased by 19.8% year-over-year, from $7.99M to $6.41M.
What is the long-term trend for Kennametal's infrastructure — capital expenditures:?
Over 3 years (2022 to 2025), Kennametal's infrastructure — capital expenditures: has grown at a 0.7% compound annual growth rate (CAGR), from $32.87M to $33.52M.
What does infrastructure — capital expenditures: mean?
This metric tracks the cash outflows used by the Infrastructure segment to acquire, upgrade, or maintain physical assets such as machinery, buildings, and technology. It reflects the level of investment in the segment's productive capacity and long-term growth potential. High levels of capital expenditure indicate a commitment to modernization or expansion, while lower levels may suggest a focus on cash preservation or asset optimization.

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