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Kennametal KMT Metal Cutting — Restructuring Charges

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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:RestructuringCharges.

The source filing: Kennametal’s 10-K, filed August 12, 2025.

Filed
Aug 12, 2025
Fiscal year
FY2025
Accession
0000055242-25-000068
(in thousands)June 30, 2024ExpenseAsset Write-DownTranslationCash ExpendituresJune 30, 2025
Severance$10,799$11,813$702$(9,920)$13,394
Total10,79911,813702(9,920)13,394

ITEM 8 - FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Kennametal's metal cutting — restructuring charges?
Kennametal (KMT) reported metal cutting — restructuring charges of $2.95M in Q2 2025.
How has Kennametal's metal cutting — restructuring charges changed year-over-year?
Kennametal's metal cutting — restructuring charges decreased by 4.5% year-over-year, from $3.09M to $2.95M.
What is the long-term trend for Kennametal's metal cutting — restructuring charges?
Over 3 years (2022 to 2025), Kennametal's metal cutting — restructuring charges has grown at a 36.7% compound annual growth rate (CAGR), from -$4.63M to $11.81M.
What does metal cutting — restructuring charges mean?
This measures the actual expenses incurred by the Metal Cutting segment during a specific period for initiatives like plant rationalization, severance, or process optimization. These charges are typically non-recurring and reflect management's efforts to align the segment's cost base with market demand. Monitoring these charges helps investors distinguish between core operational performance and one-time transformation costs.

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