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Segment Data (Tables)
9 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Disaggregation of Revenue [Table Text Block]
The following table presents Kennametal's revenue disaggregated by geography:
Three Months Ended
March 31, 2024March 31, 2023
(in percentages)Metal CuttingInfrastructureTotal KennametalMetal CuttingInfrastructureTotal Kennametal
Americas44%58%49%44%60%50%
Europe, the Middle East and Africa (EMEA)392032381931
Asia Pacific172219182119

Nine Months Ended
March 31, 2024March 31, 2023
(in percentages)Metal CuttingInfrastructureTotal KennametalMetal CuttingInfrastructureTotal Kennametal
Americas44%58%49%44%61%50%
EMEA381931361729
Asia Pacific182320202221
To better align with the Company's strategic goals and initiatives, certain of the end markets that are reported externally and used to analyze sales performance were redefined beginning in the fourth quarter of fiscal 2023. The changes include 1.) defense sales were moved from General Engineering and are now combined with Aerospace sales for a new "Aerospace & Defense" end market, 2.) certain Metal Cutting sales have been reclassified from General Engineering to the Aerospace & Defense end market, and 3.) Infrastructure's ceramics sales have been reclassified from Energy to the General Engineering end market. The fiscal 2023 period has been retrospectively restated to align with the new end markets.
The following tables presents Kennametal's revenue disaggregated by end market:
Three Months Ended March 31, 2024
(in percentages)Metal CuttingInfrastructureTotal Kennametal
General Engineering54%33%46%
Transportation2617
Aerospace & Defense13811
Energy72413
Earthworks3513
Three Months Ended March 31, 2023
(in percentages)Metal CuttingInfrastructureTotal Kennametal
General Engineering55%33%47%
Transportation2616
Aerospace & Defense12610
Energy72614
Earthworks3513

Nine Months Ended March 31, 2024
(in percentages)Metal CuttingInfrastructureTotal Kennametal
General Engineering54%34%47%
Transportation2717
Aerospace & Defense12710
Energy72313
Earthworks3613

Nine Months Ended March 31, 2023
(in percentages)Metal CuttingInfrastructureTotal Kennametal
General Engineering55%34%47%
Transportation2716
Aerospace & Defense1159
Energy72514
Earthworks3614
Sales and operating income (loss) by segment and segment assets
Our sales and operating income by segment are as follows:
 Three Months Ended March 31,Nine Months Ended March 31,
(in thousands)2024202320242023
Sales:
Metal Cutting$326,561 $333,507 $946,237 $932,912 
Infrastructure189,233 202,529 557,354 595,037 
Total sales$515,794 $536,036 $1,503,591 $1,527,949 
Operating income:
Metal Cutting$30,809 $43,765 $88,453 $98,593 
Infrastructure5,140 9,658 22,020 40,543 
Corporate(722)(952)(1,649)(2,649)
Total operating income35,227 52,471 108,824 136,487 
Interest expense6,777 7,747 20,225 21,399 
Other (income) expense, net(76)986 (674)2,584 
Income before income taxes$28,526 $43,738 $89,273 $112,504