Kennametal delivered double-digit sales growth in fiscal Q2 2026, with sharply higher operating income and margins driven by pricing, volume, and restructuring savings.

Kennametal faced significant market headwinds in Q4 2025, including persistent market softness, tariff impacts, and foreign exchange weakness, leading to a 5% decline in sales and a substantial decrease in both reported and adjusted EPS. Despite these challenges, the company continued its strategic initiatives in productivity, cost restructuring, and portfolio optimization, achieving $65 million in annualized run-rate pre-tax savings.

Kennametal announced its fiscal 2025 third quarter results, reporting sales of $486 million and diluted EPS of $0.41. Adjusted EPS was $0.47, exceeding the upper end of their outlook, primarily due to an advanced manufacturing production credit. The company returned approximately $40 million to shareholders through share repurchases and dividends.

Kennametal reported sales of $482 million, a 3% decrease compared to the prior year quarter. Earnings per diluted share (EPS) was $0.23, and adjusted EPS was $0.25. The company generated strong cash flow from operations but lowered its full-year outlook due to weakening market conditions, primarily in EMEA.

Kennametal reported a decrease in sales and earnings per share for the first quarter of fiscal year 2025. Sales decreased by 2% to $482 million, and EPS decreased to $0.28. However, the company saw strong cash flow from operations, and returned approximately $31 million to shareholders through share repurchases and dividends.

Kennametal reported Q4 earnings per diluted share of $0.47, a slight increase from $0.45 in the prior year quarter. Sales decreased by 1% to $543 million. The company met its revenue and EPS outlook, generating $277 million in cash from operations for the full year, the highest as a percent of sales in over 25 years. Kennametal also provided FY25 Q1 and annual outlook.

Kennametal reported Q3 2024 results with sales of $516 million and EPS of $0.24. Adjusted EPS was $0.30. The company is tightening its full-year outlook to align with current market conditions and expects approximately $35 million in annualized savings in fiscal 2024.

Kennametal reported flat sales of $495 million compared to the prior year quarter, with EPS of $0.29. The company is focusing on cost reductions and has updated its full-year outlook to reflect softening market conditions. An additional $200 million share repurchase program was announced.

Kennametal reported flat sales of $492 million compared to the previous year, with a slight increase in earnings per diluted share (EPS) to $0.37. The company highlighted strong cash flow from operations and progress in restructuring efforts, while noting weaker than expected results in China.

Kennametal's Q4 sales increased by 4% year-over-year to $550 million, driven by 7% organic growth. The company reported EPS of $0.45 and adjusted EPS of $0.51. They returned $114 million to shareholders in FY23 and generated $169 million in free operating cash flow.

Kennametal reported a 5% increase in sales to $536 million, driven by 8% organic growth. EPS was $0.39. The company returned $23 million to shareholders through share repurchases and dividends. Strong cash from operations and free operating cash flow increased 36% and 78%, respectively, year-over-year. The company is raising its full year sales and EPS outlook.

Kennametal's Q2 2023 results showed a 2% increase in sales to $497 million, driven by 11% organic growth, though offset by unfavorable currency exchange. Earnings per diluted share (EPS) was $0.27. The company returned approximately $27 million to shareholders through share repurchases and dividends.

Kennametal's first quarter fiscal 2023 sales increased by 2% year-over-year to $495 million, driven by 9% organic sales growth, which was partially offset by a 7% negative impact from foreign currency exchange. EPS was $0.34, compared to $0.43 in the prior year quarter. The company returned approximately $36 million to shareholders through share repurchases and dividends.

Kennametal reported Q4 2022 results with sales increasing by 3% year-over-year to $530 million, driven by 7% organic growth. EPS was $0.50, compared to $0.41 in the prior year quarter, while adjusted EPS was $0.53, the same as the prior year quarter. The company highlighted strong operating leverage and success in executing operational and commercial excellence initiatives.

Kennametal reported a strong third quarter in fiscal year 2022. Sales increased by 6% year-over-year to $512 million, with organic growth of 8%. EPS was $0.42, and adjusted EPS was $0.47. The company saw significant improvement in operating margin and repurchased $15 million of common stock during the quarter.

Kennametal reported a 10% increase in sales to $487 million and EPS of $0.37 ($0.35 adjusted) for Q2 2022. The company saw growth in all end markets except Transportation, driven by organic growth and pricing actions. They also repurchased $23 million of common stock during the quarter.

Kennametal's first quarter fiscal 2022 results showed significant improvement, with sales increasing by 21% year-over-year to $484 million. EPS reached $0.43, and adjusted EPS was $0.44, a substantial increase from the prior year. Strong cash flow from operations and significant operating leverage contributed to the positive results.

Kennametal's Q4 2021 results showed significant improvement with a 36% increase in sales and a shift from loss to earnings per share. The company's strategic initiatives and end-market recovery drove positive momentum.

Kennametal reported sales of $485 million, a 10% increase sequentially, with EPS of $0.26 and adjusted EPS of $0.32. The company generated strong cash flow, with $139 million from operations year-to-date and $46 million in free operating cash flow. Incremental simplification/modernization benefits were approximately $18 million for the quarter.

Kennametal reported a strong sequential sales growth of 10% in Q2 2021, driven by improving demand in Transportation and General Engineering end-markets. The company's simplification/modernization initiatives and cost control measures led to margin improvement and strong free operating cash flow. EPS was $0.23, compared to a loss per share of $0.07 in the prior year quarter, and adjusted EPS was $0.16, compared to adjusted EPS of $0.17 in the prior year quarter.

Kennametal reported a 23% year-over-year decrease in sales to $400 million for the first quarter of fiscal year 2021, but sales increased 6% sequentially, outpacing the normal seasonal decline. The company reported a loss per share of $0.26, compared to earnings per share of $0.08 in the prior year quarter, and adjusted EPS of $0.03, compared with adjusted EPS of $0.17 in the prior year quarter. Strong execution on simplification/modernization initiatives and cost control measures helped protect margins, with $22 million in incremental benefits from these initiatives.

Kennametal's Q4 results were impacted by COVID-19, with a reported loss per share of $0.11. The company focused on aggressively managing costs and aligning production levels to demand. Sales for the quarter were $379 million, a 37% decrease year-over-year.

Kennametal reported a decrease in sales by 19% to $483 million, driven by a 17% organic sales decline. EPS was $0.03, and adjusted EPS was $0.46. The company is withdrawing its fiscal year 2020 outlook due to the uncertainty caused by COVID-19.

Kennametal Inc. reported a decrease in sales and earnings for the second quarter of fiscal year 2020. Sales were $505 million, a 14% decrease compared to the prior year quarter. The company reported a loss per share of $0.07, while adjusted EPS was $0.17. The results reflect weakening end-market conditions, particularly in the U.S., Germany, and India, as well as headwinds in the 737 MAX supply chain.