The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

KMT

Concerning the House

Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide. It operates through two segments, Metal Cutting and Infrastructure. The Metal Cutting segment offers milling, hole making, turning, threading, and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships, and various types of industrial equipment under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force, a network of independent and national distributors, integrated supplier channels, and digitally. Its Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and metallurgical powders, such as compacts, nozzles, frac seats, and custom components used in oil and gas and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide powders for the oil and gas, aerospace, and process industries; high temperature critical wear components, tungsten penetrators, and armor solutions for aerospace and defense; and ceramics used by the packaging industry for metallization of films and papers under the Kennametal brand through a direct sales force and distributors. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania.

United States · www.kennametal.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$1.97B+8.7%
Gross profit$598.07M-0.3%
Operating income$192.42M-4.6%
Net income$109.32M+7.4%
Cash from ops$257.94M+3.3%
Quotation

$30.38

-0.40 (-1.3%)

52w hi$42.76
52w lo$19.96
Vol1.31M
As ofAug 13
The Verdict

Hold

Our score +0.00

Short-0.32
Medium+0.01
Long+0.63

computed 2026-08-13

By the Numbers

Kennametal Inc.

Industrials · Tools & Accessories

Market cap$2.32B
Enterprise value$3.01B
Trailing P/E6.87x
Forward P/E8.27x
EV / EBITDA4.82x
P / S (ttm)0.98x
Profit margin14.5%
Return on equity23.9%
Revenue growth+42.6%
Earnings growth+927.1%
Debt / equity44.47
Risk Metrics
Beta vs SPX1.13
Corr SPX0.44
Annual vol41.6%
Annual ret+18.7%
Sharpe0.45
Max DD-43.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.50
Sector+0.07
Technical-0.12
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$31.03$31.05$30.35$30.381.31M
Aug 12$30.54$31.04$30.14$30.781.68M
Aug 11$31.45$31.95$30.11$30.242.15M
Aug 10$32.45$32.46$31.49$31.591.92M
Aug 7$34.36$34.51$32.92$33.131.33M