What is Kennametal's net debt?

Kennametal (KMT) reported net debt of $528.72M in Q1 2026.

How has Kennametal's net debt changed year-over-year?

Kennametal's net debt increased by 0.8% year-over-year, from $524.56M to $528.72M.

What is the long-term trend for Kennametal's net debt?

Over 4 years (2021 to 2025), Kennametal's net debt has grown at a -1.1% compound annual growth rate (CAGR), from $497.45M to $476.83M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Kennametal KMT Net debt

Discontinued — last reported Q3 '26

Net debt at other companies

Cabot CorporationCBT

1.1×-0.3×

Travel + LeisureTNL

6×+1.6×

UnifirstUNF

-0.2×-0.1×

HES

Hess MidstreamHESM

3.1×-0.1×

Andersons Inc.ANDE

4×+2.1×

SeadrillSDRL

1×+0.6×

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$55.1M-0.1%

CapEx$18.0M-23.6%

Free cash flow$42.4M+18.0%

Valuation

See full

Market cap$2.67B+67.1%

Enterprise value$3.2B+51.1%

P/E19.5×+4.8×

P/S1.3×+0.4×

Profitability

See full

Gross margin31.9%+0.6pp

Operating margin9.4%+0.7pp

Net margin6.4%+1.0pp

FCF margin4.9%-4.8pp

Returns & leverage

See full

Return on equity10.6%+1.9pp

Debt / equity0.5×0.0×

Current ratio2.4×-0.1×

Where this comes from

Calculated from Kennametal’s reported figures.

$635.6Mtotal debt−$106.9Mcash and equivalents=$528.72M

The official record: Kennametal’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Kennametal's net debt.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Kennametal's net debt?: Kennametal (KMT) reported net debt of $528.72M in Q1 2026.
How has Kennametal's net debt changed year-over-year?: Kennametal's net debt increased by 0.8% year-over-year, from $524.56M to $528.72M.
What is the long-term trend for Kennametal's net debt?: Over 4 years (2021 to 2025), Kennametal's net debt has grown at a -1.1% compound annual growth rate (CAGR), from $497.45M to $476.83M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.