Kennametal Inc. (KMT) Financial Statements (2024 and earlier)

Company Profile

Business Address 525 WILLIAM PENN PLACE
PITTSBURGH, PA 15219
State of Incorp. PA
Fiscal Year End June 30
Industry (SIC) 3541 - Machine Tools, Metal Cutting Types (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
6/30/2023
12/31/2022
MRQ
6/30/2022
6/30/2021
6/30/2020
6/30/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 77 154607182
Cash and cash equivalents 77 154607182
Receivables307291295303238380
Inventory, net of allowances, customer advances and progress billings558606571476522572
Inventory558606571476522572
Other current assets567573717457
Other undisclosed current assets 106 86   
Total current assets:1,0271,0481,0251,0051,4411,191
Noncurrent Assets
Operating lease, right-of-use asset4343475048
Property, plant and equipment9699821,0021,0551,038935
Intangible assets, net (including goodwill)363366370398403461
Goodwill270267264278271300
Intangible assets, net (excluding goodwill)9399106120133161
Deferred income tax assets6657555947
Other noncurrent assets10839101717
Other undisclosed noncurrent assets 71 66894352
Total noncurrent assets:1,5201,5301,5491,6611,5971,465
TOTAL ASSETS:2,5472,5792,5742,6663,0382,656
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities270249298240224301
Taxes payable29182829
Employee-related liabilities41443159
Accounts payable203207228178165213
Accrued liabilities6642    
Debt179218140
Accrued environmental loss contingencies 2 36 
Other liabilities138114138158144143
Other undisclosed current liabilities2651282951017
Total current liabilities:434494486437898462
Noncurrent Liabilities
Long-term debt and lease obligation, including:595595594592594592
Other undisclosed long-term debt and lease obligation595595559555559592
Liabilities, other than long-term debt204200169241254227
Accounts payable and accrued liabilities1064109
Deferred tax liabilities, net23
Deferred income tax liabilities3232322422
Liability, pension and other postretirement and postemployment benefits116115113171175174
Restructuring reserve   21013 
Other liabilities232115323421
Operating lease, liability3232353735
Other undisclosed noncurrent liabilities   332723 
Total noncurrent liabilities:799795797860871820
Total liabilities:1,2331,2891,2821,2981,7691,282
Equity
Equity, attributable to parent1,2751,2501,2531,3301,2301,335
Common stock100101102105104103
Additional paid in capital465473494563539529
Accumulated other comprehensive loss(414)(412)(414)(330)(417)(374)
Retained earnings1,1251,0881,0719931,0051,077
Equity, attributable to noncontrolling interest393939393940
Total equity:1,3141,2891,2911,3681,2691,375
TOTAL LIABILITIES AND EQUITY:2,5472,5792,5742,6663,0382,656

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
6/30/2023
12/31/2022
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Revenues2,0782,0342,0121,8411,8852,375
Cost of revenue
(Cost of Goods and Services Sold)
(1,432)(1,397)(1,364)(1,289)(1,356)(1,544)
Gross profit:646637648552529831
Operating expenses(437)(424)(419)(407)(388)(474)
Other undisclosed operating loss(17)(13)(11)(43)(119)(28)
Operating income:19220021810222329
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(4)61591515
Interest and debt expense(28)(27)(26)(46)(35)(33)
Income from continuing operations before income taxes:160180207652311
Income tax expense(36)(47)(57)(6)(7)(63)
Income (loss) from continuing operations:12313215058(5)248
Income (loss) before gain (loss) on sale of properties:10915058(5)248
Net income (loss):12313215058(5)248
Net loss attributable to noncontrolling interest(5)(5)(6)(4)(1)(6)
Net income (loss) available to common stockholders, diluted:11812714554(6)242

Comprehensive Income ($ in millions)

9/30/2023
TTM
6/30/2023
12/31/2022
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Net income (loss):12313215058(5)248
Other comprehensive income (loss)(1)(66)(87)89(46)(54)
Comprehensive income (loss):1226663147(51)194
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(4)(2)(2)(6)2(5)
Comprehensive income (loss), net of tax, attributable to parent:1186461141(49)189

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: