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| Date | Value |
|---|---|
| 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% |