Kennametal (KMT) Tax Rate (2009 - 2026)
Kennametal (KMT) posted quarterly Tax Rate of 23.32% for Q1 2026, down 28.0% year-over-year from 32.39% in Q1 2025, and down 15.75% quarter-over-quarter from 27.68% in Q4 2025.
Kennametal (KMT) Tax Rate (2009 - 2026) Analysis & Trends
Kennametal's Tax Rate history runs 18 years deep, the most recent figure standing at 23.32% for Q1 2026.
- In Q1 2026, Tax Rate fell 28.0% year-over-year to 23.32%; the TTM figure through Mar 2026 stood at 25.13% (down 228.0% YoY), while the FY2025 annual figure was 25.22%, up 389.0% from the prior year.
- Tax Rate for Q1 2026 stood at 23.32%, down from 27.68% in the prior quarter.
- The five-year high for Tax Rate was 30.71% in Q2 2024, with the low at 9.0% in Q4 2023.
- The 5-year median for Tax Rate is 25.2% (2024), against an average of 23.28%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate sank 2680 bps in 2023, then jumped 3840 bps in 2024.
- Kennametal's Tax Rate stood at 17.8% in 2022, then sank by 151 bps to 9.0% in 2023, then soared by 427 bps to 29.4% in 2024, then slipped by 6 bps to 27.68% in 2025, then decreased by 16 bps to 23.32% in 2026.
- Business Quant data shows KMT's Tax Rate at 23.32% in Q1 2026, 27.68% in Q4 2025, and 26.9% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.34 Bn | 18.69 Bn | 635.20 Mn | 21.52% |
| 2 | RBC Bearings | 15.93 Bn | 15.81 Bn | 247.80 Mn | 22.04% |
| 3 | Lincoln Electric Holdings | 15.40 Bn | 15.16 Bn | 449.00 Mn | 23.75% |
| 4 | Stanley Black & Decker | 15.00 Bn | 14.41 Bn | 1.31 Bn | 29.60% |
| 5 | Toro | 9.61 Bn | 9.43 Bn | 482.70 Mn | 20.72% |
| 6 | Timken | 8.70 Bn | 8.30 Bn | 399.30 Mn | 35.75% |
| 7 | Kennametal | 2.29 Bn | 2.19 Bn | 433.56 Mn | 23.32% |
| 8 | Hillman Solutions | 1.64 Bn | 1.61 Bn | 208.09 Mn | 24.28% |
| 9 | Eastern | 149.30 Mn | 134.16 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.70 Mn | 8.93 Mn | 563,312.00 | -1.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.32% |
| Jun 30, 2026 | 23.32% |
| Jun 30, 2026 | 23.32% |
| Mar 31, 2026 | 23.32% |
| Mar 31, 2026 | 23.32% |
| Mar 31, 2026 | 23.32% |
| Dec 31, 2025 | 27.68% |
| Dec 31, 2025 | 27.68% |
| Dec 31, 2025 | 27.68% |
| Sep 30, 2025 | 26.90% |
| Sep 30, 2025 | 26.90% |
| Sep 30, 2025 | 26.90% |
| Jun 30, 2025 | 23.85% |
| Jun 30, 2025 | 23.85% |
| Jun 30, 2025 | 23.85% |
| Mar 31, 2025 | 23.60% |
| Mar 31, 2025 | 23.60% |
| Mar 31, 2025 | 23.60% |
| Dec 31, 2024 | 29.40% |
| Dec 31, 2024 | 29.40% |