KMTKENNAMETAL INC
Machine Tools, Metal Cutting Types
- Revenue
- $2.4B
- 20% YoY
- Operating margin
- 20.1%
- 176% YoY
- EBITDA
- $616M
- 120% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.0×
- $589M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashFired-1% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear-18× cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear9% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.0B | $2.1B | $2.0B | $2.0B | $2.4B | 20% |
| Operating income | $218M | $192M | $170M | $143M | $473M | 230% |
| Net income | $145M | $119M | $109M | $99M | $350M | 255% |
| Operating cash flow | −$181M | $258M | $277M | $208M | −$4M | 102% |
| Capex | $97M | $94M | $108M | $89M | $77M | 14% |
| Stock-based comp | $21M | $25M | $24M | $22M | $35M | 58% |
| Buybacks | $86M | $49M | $66M | $60M | $10M | 83% |
| Dividends | $67M | $65M | $63M | $62M | $61M | 1.6% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $355K · 2
- Open-market sells, 12 mo
- $904K · 2
- Net
- −$549K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 113 | 240 |
| FY2025 | — | — | 72 | 164 |
| FY2024 | — | — | 71 | 142 |
| FY2023 | — | — | 83 | 120 |
| FY2022 | — | — | 66 | 82 |