Kennametal (KMT) Tax Rate (2009 - 2026)
Kennametal's (KMT) quarterly Tax Rate came in at 23.32% in Q1 2026, down 28.0% year-on-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.
- On a quarterly basis, Tax Rate fell 28.0% year-over-year to 23.32% in Q1 2026; TTM through Mar 2026 was 25.13%, a 228.0% decrease from a year earlier, with the FY2025 full-year figure at 25.22%, up 389.0% from the prior year.
- Tax Rate retreated to 23.32% in Q1 2026 per KMT's latest filing, from 27.68% in the prior quarter.
- Across five years, Tax Rate topped out at 30.71% in Q2 2024 and bottomed at 9.0% in Q4 2023.
- The 5-year median for Tax Rate is 25.2% (2024), against an average of 23.28%.
- Across the five-year window, Tax Rate slumped 2680 bps in 2023 and jumped 3840 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 17.8% in 2022, then plunged 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.
- Per Business Quant, the three latest KMT Tax Rate figures stand at 23.32% (Q1 2026), 27.68% (Q4 2025), and 26.9% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.52 Bn | 18.79 Bn | 635.20 Mn | 21.52% |
| 2 | RBC Bearings | 18.73 Bn | 18.68 Bn | 230.00 Mn | 5.79% |
| 3 | Lincoln Electric Holdings | 13.73 Bn | 13.43 Bn | 399.13 Mn | 21.33% |
| 4 | Stanley Black & Decker | 13.27 Bn | 12.93 Bn | 1.16 Bn | 29.72% |
| 5 | Timken | 9.80 Bn | 9.96 Bn | 394.00 Mn | 25.89% |
| 6 | Toro | 8.88 Bn | 8.69 Bn | 336.50 Mn | 21.86% |
| 7 | Kennametal | 2.66 Bn | 2.59 Bn | 207.98 Mn | 23.32% |
| 8 | Hillman Solutions | 1.55 Bn | 1.52 Bn | 168.58 Mn | 18.29% |
| 9 | Eastern | 147.40 Mn | 139.23 Mn | 11.93 Mn | 21.01% |
| 10 | Chicago Rivet & Machine | 9.81 Mn | 8.36 Mn | 958,459.00 | 4.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | 29.40% |
| Sep 30, 2024 | 25.20% |
| Sep 30, 2024 | 25.20% |