Kennametal (KMT) Tax Rate (2009 - 2026)

Kennametal (KMT) recorded quarterly Tax Rate of 23.32% in Q1 2026, down 15.75% quarter-over-quarter from 27.68% in Q4 2025, and down 28.0% on a YoY basis from 32.39% in Q1 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 was 23.32% for Q1 2026 at Kennametal, down from 27.68% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 30.71% in Q2 2024 to a low of 9.0% in Q4 2023.
  • Historically, Tax Rate has averaged 23.28% across 5 years, with a median of 25.2% in 2024.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 2680 bps in 2023, then surged 3840 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 17.8% in 2022, then slumped by 151 bps to 9.0% in 2023, then jumped by 427 bps to 29.4% in 2024, then dropped by 6 bps to 27.68% in 2025, then slipped by 16 bps to 23.32% in 2026.
  • The last three Tax Rate figures came in at 23.32% (Q1 2026), 27.68% (Q4 2025), and 26.9% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Snap-on 19.71 Bn 17.98 Bn 223.10 Mn 21.57%
2 RBC Bearings 18.58 Bn 18.52 Bn 230.00 Mn 15.79%
3 Lincoln Electric Holdings 14.37 Bn 14.06 Bn 399.13 Mn 21.33%
4 Stanley Black & Decker 11.91 Bn 11.58 Bn 1.16 Bn 29.72%
5 Timken 9.17 Bn 9.33 Bn 394.00 Mn 25.89%
6 Toro 8.55 Bn 8.36 Bn 336.50 Mn 21.86%
7 Kennametal 2.49 Bn 2.42 Bn 207.98 Mn 23.32%
8 Hillman Solutions 1.44 Bn 1.41 Bn 168.58 Mn 18.29%
9 Eastern 129.83 Mn 121.67 Mn 11.93 Mn 21.01%
10 Chicago Rivet & Machine 9.85 Mn 8.40 Mn 958,459.00 4.65%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.32%
Mar 31, 2026 23.32%
Dec 31, 2025 27.68%
Dec 31, 2025 27.68%
Sep 30, 2025 26.90%
Sep 30, 2025 26.90%
Jun 30, 2025 23.85%
Jun 30, 2025 23.85%
Mar 31, 2025 23.60%
Mar 31, 2025 23.60%
Dec 31, 2024 29.40%
Dec 31, 2024 29.40%
Sep 30, 2024 25.20%
Sep 30, 2024 25.20%
Jun 30, 2024 30.71%
Jun 30, 2024 30.71%
Mar 31, 2024 27.40%
Mar 31, 2024 27.40%
Dec 31, 2023 -9.00%
Dec 31, 2023 -9.00%