Kennametal Inc (KMT)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 109,323 | 118,459 | 144,623 | 54,434 | -5,661 |
| Revenue | US$ in thousands | 2,046,900 | 2,078,180 | 2,012,460 | 1,841,440 | 1,885,300 |
| Net profit margin | 5.34% | 5.70% | 7.19% | 2.96% | -0.30% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $109,323K ÷ $2,046,900K
= 5.34%
Kennametal Inc's net profit margin has shown some fluctuation over the past five years. In the most recent fiscal year ending June 30, 2024, the net profit margin stood at 5.34%, slightly lower than the prior year's margin of 5.70%. The company experienced a significant decrease in net profit margin in the fiscal year ending June 30, 2021, with a margin of 2.96%. This was preceded by a notable improvement in the fiscal year ending June 30, 2022, where the net profit margin reached 7.19%.
It is worth noting that in the fiscal year ending June 30, 2020, Kennametal Inc recorded a negative net profit margin of -0.30%, indicating that the company incurred a net loss during that period. Overall, the trend in the net profit margin of Kennametal Inc indicates some variability in the company's profitability performance over the past five years. Additional analysis of the company's financial statements and business operations would be required to further understand the factors influencing these fluctuations in net profit margin.