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Kennametal KMT Metal Cutting — Restructuring and related cost, incurred cost

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$400K-73.3%

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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$2.52B+62.9%
Enterprise value$3.05B+50.7%
P/E18.4×+1.8×
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:RestructuringAndRelatedCostIncurredCost.

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 recorded restructuring and related charges of $2.4 million for the three months ended March 31, 2026, which consisted of $1.9 million in Metal Cutting and $0.4 million in Infrastructure. Included in this amount were restructuring related charges of $0.3 million included in cost of goods sold. We recorded restructuring and related charges of $8.6 million for the nine months ended March 31, 2026, which consisted of $7.4 million in Metal Cutting and $1.3 million in Infrastructure. Included in this amount were restructuring related charges of $2.4 million included in cost of goods sold.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Kennametal's metal cutting — restructuring and related cost, incurred cost?
Kennametal (KMT) reported metal cutting — restructuring and related cost, incurred cost of $1.9M in Q1 2026.
How has Kennametal's metal cutting — restructuring and related cost, incurred cost changed year-over-year?
Kennametal's metal cutting — restructuring and related cost, incurred cost decreased by 55.8% year-over-year, from $4.3M to $1.9M.
What is the long-term trend for Kennametal's metal cutting — restructuring and related cost, incurred cost?
Over 3 years (2022 to 2025), Kennametal's metal cutting — restructuring and related cost, incurred cost has grown at a 43.3% compound annual growth rate (CAGR), from $3.5M to $10.3M.
What does metal cutting — restructuring and related cost, incurred cost mean?
The specific costs recognized during the current reporting period related to restructuring initiatives within the Metal Cutting segment. These costs typically include severance, facility exit costs, and other reorganization expenses aimed at optimizing the segment's cost structure.

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