KMT Kennametal margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 97

Gross margin

50.6%

Operating margin

31%

EBITDA margin

36.2%

Net margin

22.5%

Using the latest TTM figures, Kennametal shows a gross margin of 50.6%, an operating margin of 31%, an EBITDA margin of 36.2%, and a net margin of 22.5%. Each available margin improved from the same period last year. Operating margin recorded the strongest gain, increasing by 23.6 percentage points.

KMT margin history

Gross, operating, EBITDA and net margin trends

Looking back over the last 3 years, Kennametal recorded average margins of 33.35% gross, 11.12% operating, 17.71% EBITDA, and 7.51% net. Compared with their three-year averages, all four current margins are higher.

KMT margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with operating margin showing the largest gain at 23.6 percentage points.

Gross margin expansion

20.3pp

Operating margin expansion

23.6pp

EBITDA margin expansion

21.5pp

Net margin expansion

17.7pp

KMT Gross margin

Reviewing the last 3 years, Kennametal recorded an average gross margin of 33.35%. Kennametal's current gross margin is 50.6% and is 17.3 percentage points above its three-year average. The highest gross margin for Kennametal was 50.6% in Sep 2026, while the lowest was 30.2% in Sep 2024.

KMT Operating margin

Over the last 3 years, Kennametal's operating margin averaged 11.12%. The current operating margin of 31% is 19.9 percentage points above its three-year average. During this period, operating margin reached a high of 31% in Sep 2026 and a low of 7.4% in Jun 2025.

KMT EBITDA margin

Reviewing the last 3 years, Kennametal recorded an average EBITDA margin of 17.71%. Kennametal's current EBITDA margin is 36.2% and is 18.5 percentage points above its three-year average. The highest EBITDA margin for Kennametal was 36.2% in Sep 2026, while the lowest was 14.2% in Mar 2024.

KMT Net margin

Over the last 3 years, Kennametal had an average net margin of 7.51%. Against its three-year average, Kennametal's net margin is currently 22.5%, 15 percentage points above its three-year average. Looking back over the last 3 years, Kennametal's net margin reached 22.5% at its highest point in Sep 2026 and 4.7% at its lowest in Jun 2025.

KMT margin group comparison

Margins compared with peer-group, industry and sector averages

Kennametal's gross margin of 50.6% is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 32.5%, Kennametal's gross margin is 56% higher.

KMT margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Kennametal's gross margin?

The current gross margin for KMT is 50.6% as of Sep 30, 2026.

What is Kennametal's operating margin?

For the period ending Sep 30, 2026, KMT recorded an operating margin of 31%.

What is Kennametal's EBITDA margin?

For the period ending Sep 30, 2026, KMT recorded an EBITDA margin of 36.2%.

What is Kennametal's net margin?

The current net margin for KMT is 22.5% as of Sep 30, 2026.

What are the average margins of KMT?

Kennametal's average margins over the last 3 years were 33.4% gross, 11.1% operating, 17.7% EBITDA, and 7.5% net.

What are the highest historical margins of KMT?

Over the last 5 years, Kennametal's highest margins were 50.6% gross in Sep 2026, 31% operating in Sep 2026, 36.2% EBITDA in Sep 2026, and 22.5% net in Sep 2026.

What are the lowest historical margins of KMT?

Over this 5-year history, Kennametal's margins fell as low as 30.2% gross in Sep 2024, 7.4% operating in Jun 2025, 14.2% EBITDA in Mar 2024, and 4.7% net in Jun 2025.