Kennametal (KMT) Operating Margin (2009 - 2026)
Kennametal (KMT) posted Operating Margin of 41.12% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 35.04 percentage points from 6.07% a year earlier and up 27.71 percentage points from the prior quarter.
Kennametal (KMT) Operating Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Kennametal's Operating Margin came in at 20.05%, up 12.77 percentage points from FY2025.
- Annual Operating Margin shows a five-year change of +14.50 percentage points (FY2021 to FY2026).
- In prior fiscal years, Kennametal's Operating Margin was 7.28% in FY2025 (-1.04 pp), 8.32% in FY2024 (-0.94 pp), 9.26% in FY2023 (-1.58 pp) and 10.84% in FY2022 (+5.29 pp).
- The fiscal Q4 2026 figure stands as the highest quarterly Operating Margin in data going back to fiscal Q1 2010.
- On a year-over-year basis, Operating Margin has increased in each of the last four quarters, with an average year-over-year change of +4.87 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was fiscal Q4 2026, with a gain of 35.04 percentage points; the weakest was fiscal Q4 2025, with a drop of 5.23 percentage points.
- According to Business Quant data, Operating Margin for the three prior fiscal quarters was 13.40% (Q3 2026), 9.94% (Q2 2026) and 7.54% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 20.38% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 29.53% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 17.76% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 19.96% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 23.66% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 25.88% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 27.79% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 22.81% |
| 10 | Kennametal | 1.85 Bn | 1.29 Bn | 513.57 Mn | 49.37% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 49.37% |
| Jun 30, 2026 | 41.12% |
| Mar 31, 2026 | 13.40% |
| Dec 31, 2025 | 9.94% |
| Sep 30, 2025 | 7.54% |
| Jun 30, 2025 | 6.07% |
| Mar 31, 2025 | 9.06% |
| Dec 31, 2024 | 6.57% |
| Sep 30, 2024 | 7.48% |
| Jun 30, 2024 | 11.30% |
| Mar 31, 2024 | 6.83% |
| Dec 31, 2023 | 5.75% |
| Sep 30, 2023 | 9.16% |
| Jun 30, 2023 | 10.16% |
| Mar 31, 2023 | 9.79% |
| Dec 31, 2022 | 7.14% |
| Sep 30, 2022 | 9.81% |
| Jun 30, 2022 | 11.82% |
| Mar 31, 2022 | 10.42% |
| Dec 31, 2021 | 9.76% |
Kennametal Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=KMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "KMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=KMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();