Form 8-K

8-K — KENNAMETAL INC

Accession: 0001628280-26-030882

Filed: 2026-05-06

Period: 2026-05-06

CIK: 0000055242

SIC: 3541 (MACHINE TOOLS, METAL CUTTING TYPES)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — kmt-20260506.htm (Primary)

EX-99.1 (kmt3312026exhibit991.htm)

GRAPHIC (new2022prheader.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: kmt-20260506.htm · Sequence: 1

kmt-20260506

0000055242falsetrue00000552422026-05-062026-05-060000055242kmt:CapitalStockParValue1.25PerShareMemberexch:XNYS2026-05-062026-05-060000055242kmt:PreferredStockPurchaseRightsMemberexch:XNYS2026-05-062026-05-06

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): May 6, 2026

Kennametal Inc.

(Exact Name of Registrant as Specified in Its Charter)

Pennsylvania 1-5318 25-0900168

(State or Other Jurisdiction of Incorporation)

(Commission File Number) (IRS Employer Identification No.)

525 William Penn Place

Suite 3300

Pittsburgh, Pennsylvania 15219

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (412) 248-8000

(Former name, former address and former fiscal year, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol Name of each exchange on which registered

Capital Stock, par value $1.25 per share KMT New York Stock Exchange

Preferred Stock Purchase Rights New York Stock Exchange

Item 2.02 Results of Operations and Financial Condition.

On May 6, 2026, Kennametal Inc. (Kennametal or the Company) issued an earnings announcement for its fiscal 2026 third quarter ended March 31, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 2.02.

The earnings announcement issued on May 6, 2026 is being furnished as Exhibit 99.1 to this Current Report on Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability of that section unless the Company specifically incorporates it by reference in a document filed under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Fiscal 2026 Third Quarter Earnings Announcement

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

KENNAMETAL INC.

Date: May 6, 2026 By: /s/ John W. Witt

John W. Witt

Vice President Finance and Corporate Controller

EX-99.1

Filename: kmt3312026exhibit991.htm · Sequence: 2

Document

Exhibit 99.1

FOR IMMEDIATE RELEASE:

DATE: May 6, 2026

Investor Relations Media Relations

CONTACT: Michael Pici CONTACT: Lori Lecker

PHONE: 412-790-0792 PHONE: 412-248-8224

michael.pici@kennametal.com lori.lecker@kennametal.com

Kennametal Announces Fiscal 2026 Third Quarter Results

•Sales of $593 million increased 22 percent and 19 percent on a reported and organic basis, respectively

•Operating income of $79 million and adjusted operating income of $82 million, up 80 percent and 64 percent, respectively

•Earnings per diluted share (EPS) of $0.75 and adjusted EPS of $0.77, up 85 percent and 65 percent, respectively

•Company raises annual sales and adjusted EPS Outlook

PITTSBURGH, (May 6, 2026) – Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2026 third quarter ended March 31, 2026.

“Our third quarter results exceeded the high end of our sales and adjusted EPS Outlook, primarily due to the unprecedented rise in tungsten pricing and stronger volume,” said Sanjay Chowbey, President and CEO.

Chowbey added: “Our team is advancing volume momentum from improving end markets, pursuing share gains through growth initiatives, and executing on opportunities in a dynamic tungsten market. Additionally, we are actively managing our tungsten supply chain and executing our strategy to drive long-term shareholder value.”

Fiscal 2026 Third Quarter Financial Highlights

Sales of $593 million increased 22 percent from $486 million in the prior year quarter, reflecting organic sales growth of 19 percent and a favorable currency exchange effect of 5 percent, partially offset by a divestiture effect of 2 percent.

Operating income was $79 million, or 13.4 percent margin, compared to $44 million, or 9.1 percent margin, in the prior year quarter. The increase in operating income was driven by the favorable timing of pricing compared to raw material costs of approximately $39 million within the Infrastructure segment, pricing and tariff surcharges within the Metal Cutting segment, higher sales and production volumes, incremental year-over-year restructuring savings of approximately $7 million, favorable foreign currency exchange of approximately $4 million and a decrease in restructuring and related charges of approximately $3 million. These factors were partially offset by higher compensation costs, tariffs and general inflation, the net effect of approximately $8 million from a normalized advanced manufacturing production credit under the Inflation Reduction Act in the current quarter within the Infrastructure segment, and higher raw material costs in the Metal Cutting segment. Adjusted operating income was $82 million, or 13.8 percent margin, in the current quarter, compared to $50 million, or 10.3 percent margin, in the prior year quarter.

Year-to-date net cash flow from operating activities was $70 million compared to $130 million in the prior year period. The change in net cash flow from operating activities was driven primarily by working capital changes including an increase in inventory largely due to the unprecedented rise in tungsten prices, partially offset by higher net income in the current year period. Year-to-date free operating cash flow (FOCF) was $18 million compared to $63 million in the prior year period. The decrease in FOCF was driven primarily by working capital changes including an increase in inventory, partially offset by higher net income and lower net capital expenditures in the current year period.

Outlook

The Company’s expectations for sales and adjusted EPS for the full fiscal year 2026 are as follows:

•Sales expected to be $2.33 - $2.35 billion

•Adjusted EPS is expected to be $3.75 - $4.00

The Company will provide more details regarding its Outlook during its quarterly earnings conference call.

Segment Results

Metal Cutting sales of $358 million increased 18 percent from $304 million in the prior year quarter, reflecting organic sales growth of 12 percent and a favorable currency exchange effect of 6 percent. Operating income was $38 million, or 10.7 percent margin, compared to $25 million, or 8.2 percent margin, in the prior year quarter. The increase in operating income was driven by pricing and tariff surcharges, higher sales and production volumes, incremental year-over-year restructuring savings of approximately $5 million, favorable foreign currency exchange of approximately $3 million and a decrease in restructuring and related charges of approximately $2 million. These factors were partially offset by higher compensation costs, tariffs and general inflation and higher raw material costs. Adjusted operating income was $40 million, or 11.2 percent margin, in the current quarter, compared to $29 million, or 9.6 percent margin, in the prior year quarter.

Infrastructure sales of $235 million increased 29 percent from $182 million in the prior year quarter, reflecting organic sales growth of 30 percent and a favorable currency exchange effect of 4 percent, partially offset by a divestiture effect of 5 percent. Operating income was $42 million, or 18.1 percent margin, compared to $19 million, or 10.7 percent margin, in the prior year quarter. The increase in operating income was driven by the favorable timing of pricing compared to raw material costs of approximately $39 million and incremental year-over-year restructuring savings of approximately $2 million. These factors were partially offset by the net effect of approximately $8 million from a normalized advanced manufacturing production credit under the Inflation Reduction Act in the current quarter, higher compensation costs and general inflation. Adjusted operating income was $43 million, or 18.3 percent margin, in the current quarter, compared to $21 million, or 11.5 percent margin, in the prior year quarter.

Dividend Declared

Kennametal announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share. The dividend is payable on May 26, 2026 to shareholders of record as of the close of business on May 12, 2026.

Conference Call and Webcast

The Company will host a conference call to discuss its third quarter fiscal 2026 results on Wednesday, May 6, 2026 at 9:30 a.m. Eastern Time. The conference call will be broadcast via real-time audio on Kennametal’s investor relations website at https://investors.kennametal.com/ - click “Event” (located in the blue Quarterly Earnings block).

This earnings release contains non-GAAP financial measures. Reconciliations and descriptions of all non-GAAP financial measures are set forth in the tables that follow.

Certain statements in this release may be forward-looking in nature, or “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements that do not relate strictly to historical or current facts. For example, statements about Kennametal’s outlook for sales and adjusted EPS for the full year of fiscal 2026 and our expectations regarding future growth and financial performance are forward-looking statements. Any forward-looking statements are based on current knowledge, expectations and estimates that involve inherent risks and uncertainties. Should one or more of these risks or uncertainties materialize, or should the assumptions underlying the forward-looking statements prove incorrect, our actual results could vary materially from our current expectations. There are a number of factors that could cause our actual results to differ from those indicated in the forward-looking statements. They include: uncertainties related to changes in macroeconomic and/or global conditions, including as a result of increased inflation, tariffs, and Russia's invasion of Ukraine and the resulting sanctions on Russia; the conflicts in the Middle East; other economic recession; our ability to achieve all anticipated benefits of restructuring initiatives; Commercial Excellence growth initiatives, Operational Excellence initiatives, our foreign operations and international markets, such as currency exchange rates, different regulatory environments, trade barriers, exchange controls, and social and political instability, including the conflicts in Ukraine and the Middle East; changes in the regulatory environment in which we operate, including environmental, health and safety regulations; potential for future goodwill and other intangible asset impairment charges; our ability to protect and defend our intellectual property; continuity of information technology infrastructure; competition; our ability to retain our management and employees; demands on management resources; availability and cost of the raw materials we use to manufacture our products, including tungsten; product liability claims; integrating acquisitions and achieving the expected savings and synergies; global or regional catastrophic events; demand for and market acceptance of our products; business divestitures; energy costs; commodity prices; labor relations; and implementation of environmental remediation matters. Many of these risks and other risks are more fully described in Kennametal’s latest annual report on Form 10-K and its other periodic filings with the Securities and Exchange Commission. We can give no assurance that any goal or plan set forth in forward-looking statements can be achieved and readers are cautioned not to place undue reliance on such statements, which speak only as of the date made. We undertake no obligation to release publicly any revisions to forward-looking statements as a result of future events or developments.

About Kennametal

With over 85 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,100 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated $2 billion in revenues in fiscal 2025. Learn more at www.kennametal.com. Follow @Kennametal: Instagram, Facebook, LinkedIn and YouTube.

FINANCIAL HIGHLIGHTS

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

Three Months Ended March 31, Nine Months Ended March 31,

(in thousands, except per share amounts) 2026 2025 2026 2025

Sales $ 592,585 $ 486,399 $ 1,620,084 $ 1,450,398

Cost of goods sold 384,607 330,034 1,083,686 997,993

Gross profit

207,978 156,365 536,398 452,405

Operating expense 124,046 104,013 353,377 324,975

Restructuring and other charges, net 2,115 5,589 6,232 7,535

Amortization of intangibles 2,387 2,703 7,138 8,142

Operating income

79,430 44,060 169,651 111,753

Interest expense 6,264 6,213 18,539 18,705

Other income, net (6,546) (5,454) (10,964) (8,589)

Income before income taxes 79,712 43,301 162,076 101,637

Provision for income taxes 18,589 10,219 41,124 26,052

Net income 61,123 33,082 120,952 75,585

Less: Net income attributable to noncontrolling interests 2,894 1,600 5,540 4,052

Net income attributable to Kennametal $ 58,229 $ 31,482 $ 115,412 $ 71,533

PER SHARE DATA ATTRIBUTABLE TO KENNAMETAL SHAREHOLDERS

Basic earnings per share $ 0.76 $ 0.41 $ 1.51 $ 0.92

Diluted earnings per share $ 0.75 $ 0.41 $ 1.49 $ 0.91

Basic weighted average shares outstanding 76,264 77,037 76,195 77,614

Diluted weighted average shares outstanding 77,758 77,651 77,231 78,208

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(in thousands) March 31, 2026

June 30, 2025

ASSETS

Cash and cash equivalents $ 106,850 $ 140,540

Accounts receivable, net 334,429 295,401

Inventories 747,346 538,237

Other current assets 89,452 65,092

Total current assets 1,278,077 1,039,270

Property, plant and equipment, net 857,911 919,914

Goodwill and other intangible assets, net 340,231 349,935

Other assets 254,528 236,293

Total assets $ 2,730,747 $ 2,545,412

LIABILITIES

Revolving and other lines of credit and notes payable $ 16,750 $ 977

Accounts payable 263,068 195,929

Other current liabilities 256,251 225,423

Total current liabilities 536,069 422,329

Long-term debt 597,394 596,788

Other liabilities 198,912 201,647

Total liabilities 1,332,375 1,220,764

KENNAMETAL SHAREHOLDERS’ EQUITY 1,354,734 1,283,979

NONCONTROLLING INTERESTS 43,638 40,669

Total liabilities and equity $ 2,730,747 $ 2,545,412

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED)

Nine Months Ended March 31,

(in thousands) 2026 2025

OPERATING ACTIVITIES

Net income $ 120,952 $ 75,585

Adjustments to reconcile to cash from operations:

Depreciation 100,441 93,279

Amortization 7,138 8,142

Stock-based compensation expense 26,015 18,329

Restructuring and other charges, net 6,232 7,535

Deferred income taxes (2,394) (1,917)

Gain on insurance recoveries — (7,500)

Other 1,976 817

Changes in certain assets and liabilities:

Accounts receivable (42,512) 10,516

Inventories (215,973) (41,269)

Other current assets (25,328) (1,398)

Accounts payable and accrued liabilities 101,717 (14,140)

Accrued income taxes 2,723 (11,668)

Accrued pension and postretirement benefits (840) (5,023)

Other (10,466) (1,558)

Net cash flow provided by operating activities 69,681 129,730

INVESTING ACTIVITIES

Purchases of property, plant and equipment (53,680) (67,506)

Disposals of property, plant and equipment 1,662 460

Proceeds from insurance recoveries — 7,193

Other 391 (202)

Net cash flow used in investing activities (51,627) (60,055)

FINANCING ACTIVITIES

Net increase in notes payable 360 944

Net increase in revolving and other lines of credit 15,300 10,200

Purchase of capital stock (10,068) (55,081)

The effect of employee benefit and stock plans and dividend reinvestment (7,954) (6,570)

Cash dividends paid to Shareholders (45,605) (46,604)

Other (2,181) (915)

Net cash flow used in financing activities (50,148) (98,026)

Effect of exchange rate changes on cash and cash equivalents (1,596) (2,153)

CASH AND CASH EQUIVALENTS

Net decrease in cash and cash equivalents (33,690) (30,504)

Cash and cash equivalents, beginning of period 140,540 127,971

Cash and cash equivalents, end of period $ 106,850 $ 97,467

SEGMENT DATA (UNAUDITED) Three Months Ended March 31, Nine Months Ended March 31,

(in thousands) 2026 2025 2026 2025

Sales:

Metal Cutting $ 357,907 $ 304,349 $ 999,591 $ 899,035

Infrastructure 234,678 182,050 620,493 551,363

Total sales $ 592,585 $ 486,399 $ 1,620,084 $ 1,450,398

Sales By Geographic Region:

Americas $ 298,272 $ 240,361 $ 811,035 $ 713,341

EMEA 173,991 151,262 483,553 442,689

Asia Pacific 120,322 94,776 325,496 294,368

Total sales $ 592,585 $ 486,399 $ 1,620,084 $ 1,450,398

Operating income:

Metal Cutting $ 38,125 $ 24,900 $ 89,447 $ 65,308

Infrastructure 42,471 19,423 82,512 47,770

Corporate (1)

(1,166) (263) (2,308) (1,325)

Total operating income $ 79,430 $ 44,060 $ 169,651 $ 111,753

(1) Represents unallocated corporate expenses.

NON-GAAP RECONCILIATIONS (UNAUDITED)

In addition to reported results under generally accepted accounting principles in the United States of America (GAAP), the following financial highlight tables include, where appropriate, a reconciliation of adjusted results including: operating income and margin; net income attributable to Kennametal; diluted EPS; Metal Cutting operating income and margin; Infrastructure operating income and margin; FOCF; and consolidated and segment organic sales growth (all of which are non-GAAP financial measures), to the most directly comparable GAAP financial measures. Adjustments for the three months ended March 31, 2026 include restructuring and related charges and differences in projected annual tax rates. Adjustments for the three months ended March 31, 2025 include restructuring and related charges and differences in projected annual tax rates. For those adjustments that are presented ‘net of tax’, the tax effect of the adjustment can be derived by calculating the difference between the pre-tax and the post-tax adjustments presented. The tax effect on adjustments is calculated by preparing an overall tax calculation including the adjustments and then a tax calculation excluding the adjustments. The difference between these calculations results in the tax impact of the adjustments.

Management believes that presentation of these non-GAAP financial measures provides useful information about the results of operations of the Company for the current and past periods. Management believes that investors should have available the same information that management uses to assess operating performance, determine compensation and assess the capital structure of the Company. These non-GAAP financial measures should not be considered in isolation or as a substitute for the most comparable GAAP financial measures. Investors are cautioned that non-GAAP financial measures used by management may not be comparable to non-GAAP financial measures used by other companies. Reconciliations and descriptions of all non-GAAP financial measures are set forth in the disclosures below.

Reconciliations to the most directly comparable GAAP financial measures for the following forward-looking non-GAAP financial measures for the full fiscal year of 2026 have not been provided, including but not limited to, adjusted EPS. The most comparable GAAP financial measure is diluted EPS. Because the non-GAAP financial measures on a forward-looking basis are subject to uncertainty and variability as they are dependent on many factors - including, but not limited to, the effect of foreign currency exchange fluctuations, impacts from potential acquisitions or divestitures, gains or losses on the potential sale of businesses or other assets, restructuring costs, asset impairment charges, gains or losses from early extinguishment of debt, the tax impact of the items above and the impact of tax law changes or other tax matters - reconciliations to the most directly comparable forward-looking GAAP financial measures are not available without unreasonable effort.

THREE MONTHS ENDED MARCH 31, 2026 (UNAUDITED)

(in thousands, except percents and per share data) Sales Operating income

Net income(2)

Diluted EPS

Reported results $ 592,585 $ 79,430 $ 58,229 $ 0.75

Reported operating margin 13.4 %

Restructuring and related charges — 2,391 1,976 0.02

Differences in projected annual tax rates — — 30 —

Adjusted results $ 592,585 $ 81,821 $ 60,235 $ 0.77

Adjusted operating margin 13.8 %

(2) Attributable to Kennametal.

THREE MONTHS ENDED MARCH 31, 2026 (UNAUDITED)

Metal Cutting Infrastructure

(in thousands, except percents) Sales Operating income Sales Operating income

Reported results $ 357,907 $ 38,125 $ 234,678 $ 42,471

Reported operating margin 10.7 % 18.1 %

Restructuring and related charges — 1,948 — 443

Adjusted results $ 357,907 $ 40,073 $ 234,678 $ 42,914

Adjusted operating margin 11.2 % 18.3 %

THREE MONTHS ENDED MARCH 31, 2025 (UNAUDITED)

(in thousands, except percents and per share data) Sales Operating income

Net income(2)

Diluted EPS

Reported results $ 486,399 $ 44,060 $ 31,482 $ 0.41

Reported operating margin 9.1 %

Restructuring and related charges — 5,840 4,709 0.06

Differences in projected annual tax rates — — 146 —

Adjusted results $ 486,399 $ 49,900 $ 36,337 $ 0.47

Adjusted operating margin 10.3 %

(2) Attributable to Kennametal.

THREE MONTHS ENDED MARCH 31, 2025 (UNAUDITED)

Metal Cutting Infrastructure

(in thousands, except percents) Sales Operating income Sales Operating income

Reported results $ 304,349 $ 24,900 $ 182,050 $ 19,423

Reported operating margin 8.2 % 10.7 %

Restructuring and related charges — 4,320 — 1,520

Adjusted results $ 304,349 $ 29,220 $ 182,050 $ 20,943

Adjusted operating margin 9.6 % 11.5 %

Free Operating Cash Flow (FOCF)

FOCF is a non-GAAP financial measure and is defined by the Company as net cash flow provided by operating activities (which is the most directly comparable GAAP financial measure) less capital expenditures plus proceeds from disposals of fixed assets. Management considers FOCF to be an important indicator of the Company's cash generating capability because it better represents cash generated from operations that can be used for dividends, debt repayment, strategic initiatives (such as acquisitions) and other investing and financing activities.

FREE OPERATING CASH FLOW (UNAUDITED) Nine Months Ended March 31,

(in thousands) 2026 2025

Net cash flow provided by operating activities $ 69,681 $ 129,730

Purchases of property, plant and equipment (53,680) (67,506)

Disposals of property, plant and equipment 1,662 460

Free operating cash flow $ 17,663 $ 62,684

Organic Sales Growth

Organic sales growth is a non-GAAP financial measure of sales growth (which is the most directly comparable GAAP measure) excluding the effects of acquisitions, divestitures, business days and foreign currency exchange from year-over-year comparisons. Management believes this measure provides investors with a supplemental understanding of underlying sales trends by providing sales growth on a consistent basis. Management reports organic sales growth at the consolidated and segment levels.

ORGANIC SALES GROWTH (UNAUDITED)

Three Months Ended March 31, 2026 Metal Cutting Infrastructure Total

Organic sales growth 12% 30% 19%

Foreign currency exchange effect (3)

6 4 5

Business days effect (4)

— — —

Divestiture effect (5)

— (5) (2)

Sales growth 18% 29% 22%

(3) Foreign currency exchange effect is calculated by dividing the difference between current period sales and current period sales at prior period foreign exchange rates by prior period sales.

(4) Business days effect is calculated by dividing the year-over-year change in weighted average working days (based on mix of sales by country) by prior period weighted average working days.

(5) Divestiture effect is calculated by dividing prior period sales attributable to divested businesses by prior period sales.

GRAPHIC

Filename: new2022prheader.jpg · Sequence: 7

Binary file (37019 bytes)

Download new2022prheader.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 9

v3.26.1

Cover Cover

May 06, 2026

Document Information [Line Items]

Document Type

8-K

Document Period End Date

May 06, 2026

Entity Registrant Name

Kennametal Inc.

Entity Incorporation, State or Country Code

Entity File Number

1-5318

Entity Tax Identification Number

25-0900168

Entity Address, Address Line One

525 William Penn Place

Entity Address, Address Line Two

Suite 3300

Entity Address, City or Town

Pittsburgh,

Entity Address, State or Province

Entity Address, Postal Zip Code

15219

City Area Code

412

Local Phone Number

248-8000

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

false

Entity Central Index Key

0000055242

Amendment Flag

false

Capital Stock, Par Value $1.25 Per Share | NEW YORK STOCK EXCHANGE, INC.

Document Information [Line Items]

Title of 12(b) Security

Capital Stock, par value $1.25 per share

Trading Symbol

KMT

Security Exchange Name

NYSE

Preferred Stock Purchase Rights | NEW YORK STOCK EXCHANGE, INC.

Document Information [Line Items]

Title of 12(b) Security

Preferred Stock Purchase Rights

No Trading Symbol Flag

true

Security Exchange Name

NYSE

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:

dei_DocumentInformationLineItems

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true only for a security having no trading symbol.

+ References

No definition available.

+ Details

Name:

dei_NoTradingSymbolFlag

Namespace Prefix:

dei_

Data Type:

dei:trueItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Details

Name:

us-gaap_StatementClassOfStockAxis=kmt_CapitalStockParValue1.25PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

dei_EntityListingsExchangeAxis=exch_XNYS

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=kmt_PreferredStockPurchaseRightsMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type: