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Kennametal KMT Metal Cutting — Capital expenditures:

Other segment segments

Infrastructure
$6.41M-19.8%

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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
Infrastructure11,94510,67233,14831,908
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) :

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Kennametal's metal cutting — capital expenditures:?
Kennametal (KMT) reported metal cutting — capital expenditures: of $11.58M in Q1 2026.
How has Kennametal's metal cutting — capital expenditures: changed year-over-year?
Kennametal's metal cutting — capital expenditures: decreased by 25.5% year-over-year, from $15.55M to $11.58M.
What is the long-term trend for Kennametal's metal cutting — capital expenditures:?
Over 3 years (2022 to 2025), Kennametal's metal cutting — capital expenditures: has grown at a -4.7% compound annual growth rate (CAGR), from $64.06M to $55.45M.
What does metal cutting — capital expenditures: mean?
This reflects the funds used by the Metal Cutting segment to acquire, upgrade, and maintain physical assets such as machinery, equipment, and manufacturing facilities. It indicates the company's commitment to long-term growth, technological advancement, and operational capacity expansion. Tracking this helps investors evaluate the segment's reinvestment strategy and future production capabilities.

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