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
DateValue
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%