Kennametal Historical Income Statement
| KMT Stock | USD 24.35 0.18 0.74% |
Historical analysis of Kennametal income statement accounts such as Gross Profit of 656.5 M can show how well Kennametal performed in making a profits. Evaluating Kennametal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kennametal's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Kennametal latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kennametal is a good buy for the upcoming year.
Kennametal |
About Kennametal Income Statement Analysis
Kennametal Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kennametal shareholders. The income statement also shows Kennametal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Kennametal Income Statement Chart
Kennametal Income Statement is one of the three primary financial statements used for reporting Kennametal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Kennametal revenue and expense. Kennametal Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Kennametal's Interest Expense is comparatively stable compared to the past year. Net Income is likely to gain to about 143 M in 2024, whereas Gross Profit is likely to drop slightly above 656.5 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Kennametal generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Kennametal minus its cost of goods sold. It is profit before Kennametal operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kennametal. It is also known as Kennametal overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Kennametal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kennametal current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennametal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more information on how to buy Kennametal Stock please use our How to Invest in Kennametal guide.At this time, Kennametal's Interest Expense is comparatively stable compared to the past year. Net Income is likely to gain to about 143 M in 2024, whereas Gross Profit is likely to drop slightly above 656.5 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 648.0M | 646.4M | 743.4M | 656.5M | Total Revenue | 2.0B | 2.1B | 2.4B | 1.9B |
Kennametal income statement Correlations
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Kennametal Account Relationship Matchups
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Kennametal income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 13.8M | 14.0M | 25.3M | 12.6M | 11.4M | 10.8M | |
| Interest Expense | 35.2M | 46.4M | 25.9M | 28.5M | 32.8M | 34.4M | |
| Total Revenue | 1.9B | 1.8B | 2.0B | 2.1B | 2.4B | 1.9B | |
| Gross Profit | 529.5M | 552.5M | 648.0M | 646.4M | 743.4M | 656.5M | |
| Other Operating Expenses | 1.8B | 1.7B | 1.8B | 1.9B | 2.2B | 1.7B | |
| Operating Income | 142.1M | 140.1M | 218.1M | 192.4M | 221.3M | 154.2M | |
| Ebit | 142.1M | 140.1M | 218.1M | 192.2M | 221.1M | 179.9M | |
| Ebitda | 155.9M | 154.1M | 243.4M | 204.8M | 235.6M | 225.2M | |
| Cost Of Revenue | 1.4B | 1.3B | 1.4B | 1.4B | 1.6B | 1.2B | |
| Total Operating Expenses | 402.2M | 421.2M | 432.1M | 449.9M | 517.4M | 474.9M | |
| Income Before Tax | 2.0M | 64.7M | 206.7M | 159.6M | 183.6M | 116.0M | |
| Total Other Income Expense Net | (140.1M) | (75.4M) | (11.4M) | (8.4M) | (7.6M) | (7.9M) | |
| Net Income | (5.0M) | 54.4M | 144.6M | 118.5M | 136.2M | 143.0M | |
| Income Tax Expense | 7.0M | 6.2M | 56.5M | 36.3M | 41.7M | 41.4M | |
| Research Development | 38.7M | 39.5M | 42.1M | 43.1M | 49.6M | 34.7M | |
| Net Income Applicable To Common Shares | (5.7M) | 54.4M | 144.6M | 118.5M | 106.6M | 73.8M | |
| Minority Interest | 38.9M | 38.6M | (5.6M) | (4.9M) | (5.6M) | (5.4M) | |
| Net Income From Continuing Ops | (5.0M) | 58.4M | 150.2M | 123.4M | 111.0M | 70.7M | |
| Non Operating Income Net Other | 14.9M | 8.9M | 14.5M | (4.3M) | (4.9M) | (4.7M) | |
| Non Recurring | 98.5M | 29.1M | (1.2M) | 4.1M | 3.7M | 3.5M | |
| Tax Provision | 13.9M | 6.2M | 56.5M | 36.3M | 41.7M | 34.8M | |
| Interest Income | 35.2M | 46.4M | 28.4M | 28.5M | 32.8M | 35.4M | |
| Net Interest Income | (35.2M) | (46.4M) | (25.9M) | (28.5M) | (25.6M) | (26.9M) | |
| Reconciled Depreciation | 119.9M | 14.0M | 13.0M | 12.6M | 11.4M | 10.8M |
Kennametal Investors Sentiment
The influence of Kennametal's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Kennametal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Kennametal's public news can be used to forecast risks associated with an investment in Kennametal. The trend in average sentiment can be used to explain how an investor holding Kennametal can time the market purely based on public headlines and social activities around Kennametal. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Kennametal's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Kennametal's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Kennametal's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Kennametal.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kennametal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kennametal's short interest history, or implied volatility extrapolated from Kennametal options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennametal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more information on how to buy Kennametal Stock please use our How to Invest in Kennametal guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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When running Kennametal's price analysis, check to measure Kennametal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kennametal is operating at the current time. Most of Kennametal's value examination focuses on studying past and present price action to predict the probability of Kennametal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kennametal's price. Additionally, you may evaluate how the addition of Kennametal to your portfolios can decrease your overall portfolio volatility.
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Is Kennametal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kennametal. If investors know Kennametal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kennametal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.074 | Dividend Share 0.8 | Earnings Share 1.51 | Revenue Per Share 25.873 | Quarterly Revenue Growth (0) |
The market value of Kennametal is measured differently than its book value, which is the value of Kennametal that is recorded on the company's balance sheet. Investors also form their own opinion of Kennametal's value that differs from its market value or its book value, called intrinsic value, which is Kennametal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kennametal's market value can be influenced by many factors that don't directly affect Kennametal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kennametal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kennametal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kennametal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.