Kennametal Inc (KMT)
Gross profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 598,070 | 627,093 | 646,439 | 647,977 | 552,478 |
| Revenue | US$ in thousands | 1,966,840 | 2,046,900 | 2,078,180 | 2,012,460 | 1,841,440 |
| Gross profit margin | 30.41% | 30.64% | 31.11% | 32.20% | 30.00% |
June 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $598,070K ÷ $1,966,840K
= 30.41%
The gross profit margin of Kennametal Inc. exhibits a trend characterized by slight fluctuations over the analyzed period. As of June 30, 2021, the gross profit margin stood at 30.00%. This margin increased in the subsequent year to 32.20% by June 30, 2022, indicating an improvement in the company's ability to generate gross profit relative to its cost of goods sold.
However, in the following year, the gross profit margin experienced a slight decline to 31.11% as of June 30, 2023, suggesting a marginal compression in gross profitability. Moving forward into the period ending June 30, 2024, the margin further decreased to approximately 30.64%, maintaining a level close to the 2021 figure. The latest data point for June 30, 2025, shows a marginal further decline to 30.41%, indicating a stabilization around the 30% level.
Overall, the gross profit margin has demonstrated moderate volatility within a narrow range of approximately 30.00% to 32.20% over the five-year span. The fluctuations reflect typical business variances, potentially influenced by changes in product mix, pricing strategies, or raw material costs, but do not indicate any sustained or significant deterioration in gross profitability.