Kennametal (KMT) Tax Rate (2009 - 2026)
Kennametal's Tax Rate was 23.32% in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 0.53 percentage points from 23.85% a year earlier and unchanged from the prior quarter.
Kennametal (KMT) Tax Rate (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Tax Rate at Kennametal came in at 24.04%, down 1.18 percentage points from FY2025.
- Tax Rate shows a five-year change of +14.39 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Tax Rate was 25.22% in FY2025 (+3.89 pp), 21.33% in FY2024 (-1.38 pp), 22.71% in FY2023 (-4.63 pp) and 27.35% in FY2022 (+17.69 pp).
- Quarterly Tax Rate has moved between -9.00% (fiscal Q2 2024) and 30.71% (fiscal Q4 2024) over five years.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of +3.89 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q2 2022 (a gain of 64.89 percentage points); the worst was fiscal Q2 2024 (a drop of 26.80 percentage points).
- Per Business Quant data, KMT's Tax Rate in the three fiscal quarters before Q4 2026 was 23.32% (Q3 2026), 27.68% (Q2 2026) and 26.90% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Kennametal | 2.34 Bn | 1.95 Bn | 433.56 Mn | 23.32% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.32% |
| Mar 31, 2026 | 23.32% |
| Dec 31, 2025 | 27.68% |
| Sep 30, 2025 | 26.90% |
| Jun 30, 2025 | 23.85% |
| Mar 31, 2025 | 23.60% |
| Dec 31, 2024 | 29.40% |
| Sep 30, 2024 | 25.20% |
| Jun 30, 2024 | 30.71% |
| Mar 31, 2024 | 27.40% |
| Sep 30, 2023 | 20.97% |
| Jun 30, 2023 | 19.90% |
| Mar 31, 2023 | 24.40% |
| Dec 31, 2022 | 17.80% |
| Sep 30, 2022 | 27.50% |
| Jun 30, 2022 | 27.80% |
| Mar 31, 2022 | 28.33% |
| Dec 31, 2021 | 25.94% |
| Sep 30, 2021 | 27.04% |
| Jun 30, 2021 | 31.40% |
Kennametal Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=KMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "KMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=KMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();