Kennametal Return On Equity from 2010 to 2024

KMT Stock  USD 28.83  0.57  2.02%   
Kennametal Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to 0.07 in 2024. Return On Equity is a measure of the profitability of Kennametal in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.08746715
Current Value
0.0714
Quarterly Volatility
0.13522101
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kennametal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kennametal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 141.4 M, Interest Expense of 13.4 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0248 or PTB Ratio of 1.42. Kennametal financial statements analysis is a perfect complement when working with Kennametal Valuation or Volatility modules.
  
Check out the analysis of Kennametal Correlation against competitors.
For more information on how to buy Kennametal Stock please use our How to Invest in Kennametal guide.

Latest Kennametal's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Kennametal over the last few years. Return on Equity is the amount of Kennametal net income returned as a percentage of Kennametal equity. Return on equity measures Kennametal profitability by revealing how much profit Kennametal generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Kennametal's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kennametal's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.081610 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Kennametal Return On Equity Regression Statistics

Arithmetic Mean0.05
Coefficient Of Variation300.06
Mean Deviation0.09
Median0.08
Standard Deviation0.14
Sample Variance0.02
Range0.4647
R-Value0.17
Mean Square Error0.02
R-Squared0.03
Significance0.54
Slope0.01
Total Sum of Squares0.26

Kennametal Return On Equity History

2024 0.0714
2023 0.0875
2022 0.0929
2021 0.12
2020 0.0409
2019 -0.004104
2018 0.18

About Kennametal Financial Statements

Kennametal shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Kennametal investors may analyze each financial statement separately, they are all interrelated. The changes in Kennametal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Kennametal's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.09  0.07 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Kennametal Stock Analysis

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.