Kennametal (KMT) Gross Margin (2009 - 2026)
Kennametal's (KMT) quarterly Gross Margin came in at 35.1% in Q1 2026, up 295.0% year-on-year from 8.89% in Q1 2025, and up 6.89% quarter-over-quarter from 32.83% in Q4 2025.
Kennametal (KMT) Gross Margin (2009 - 2026) Analysis & Trends
Kennametal's Gross Margin history runs 18 years deep, the most recent figure standing at 35.1% for Q1 2026.
- On a quarterly basis, Gross Margin rose 295.0% year-over-year to 35.1% in Q1 2026; TTM through Mar 2026 was 31.92%, a 64.0% increase from a year earlier, with the FY2025 full-year figure at 30.41%, down 23.0% from the prior year.
- Gross Margin advanced to 35.1% in Q1 2026 per KMT's latest filing, from 32.83% in the prior quarter.
- Across five years, Gross Margin topped out at 35.1% in Q1 2026 and bottomed at 28.18% in Q4 2023.
- The 5-year median for Gross Margin is 31.54% (2024), against an average of 31.28%.
- Across the five-year window, Gross Margin slumped 333 bps in 2025 and soared 295 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 28.74% in 2022, then decreased by 2 bps to 28.18% in 2023, then climbed by 7 bps to 30.09% in 2024, then climbed by 9 bps to 32.83% in 2025, then advanced by 7 bps to 35.1% in 2026.
- Per Business Quant, the three latest KMT Gross Margin figures stand at 35.1% (Q1 2026), 32.83% (Q4 2025), and 31.04% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.52 Bn | 18.79 Bn | 635.20 Mn | 47.59% |
| 2 | RBC Bearings | 18.73 Bn | 18.68 Bn | 230.00 Mn | 44.40% |
| 3 | Lincoln Electric Holdings | 13.73 Bn | 13.43 Bn | 399.13 Mn | 35.59% |
| 4 | Stanley Black & Decker | 13.27 Bn | 12.93 Bn | 1.16 Bn | 30.09% |
| 5 | Timken | 9.80 Bn | 9.96 Bn | 394.00 Mn | 32.00% |
| 6 | Toro | 8.88 Bn | 8.69 Bn | 336.50 Mn | 32.47% |
| 7 | Kennametal | 2.66 Bn | 2.59 Bn | 207.98 Mn | 35.10% |
| 8 | Hillman Solutions | 1.55 Bn | 1.52 Bn | 168.58 Mn | 45.55% |
| 9 | Eastern | 147.40 Mn | 139.23 Mn | 11.93 Mn | 19.99% |
| 10 | Chicago Rivet & Machine | 9.81 Mn | 8.36 Mn | 958,459.00 | 13.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.10% |
| Dec 31, 2025 | 32.83% |
| Sep 30, 2025 | 31.04% |
| Jun 30, 2025 | 28.21% |
| Mar 31, 2025 | 32.15% |
| Dec 31, 2024 | 30.09% |
| Sep 30, 2024 | 31.33% |
| Jun 30, 2024 | 31.54% |
| Mar 31, 2024 | 29.71% |
| Dec 31, 2023 | 28.18% |
| Sep 30, 2023 | 33.08% |
| Jun 30, 2023 | 31.93% |
| Mar 31, 2023 | 31.33% |
| Dec 31, 2022 | 28.74% |
| Sep 30, 2022 | 32.33% |
| Jun 30, 2022 | 32.01% |
| Mar 31, 2022 | 32.14% |
| Dec 31, 2021 | 31.43% |
| Sep 30, 2021 | 33.25% |
| Jun 30, 2021 | 34.05% |