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Segment Data
12 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENT DATA SEGMENT DATA
The Company manages and reports its business in the following two segments: Metal Cutting and Infrastructure. The Company's reportable operating segments have been determined in accordance with the Company's internal management structure, which is organized based on operating activities, the manner in which we organize segments for making operating decisions and assessing performance and the availability of separate financial results. The Company's chief operating decision maker is its President and Chief Executive Officer. The President and Chief Executive Officer regularly reviews the discrete financial information of the Metal Cutting and Infrastructure reportable operating segments to assess performance and make decisions about the allocation of resources. The primary measure of profit or loss considered by the President and Chief Executive Officer when evaluating reportable operating segment performance is segment operating income. We do not allocate certain corporate expenses related to executive retirement plans, the Company’s Board of Directors and strategic initiatives, as well as certain other costs and report them in Corporate. Our reportable operating segments do not represent the aggregation of two or more operating segments.
Sales to a single customer did not aggregate to more than five percent of total sales in 2025, 2024 and 2023.
METAL CUTTING The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including General Engineering, Transportation, Aerospace & Defense and Energy. The products include milling, hole making, turning, threading and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships and various types of industrial equipment. We leverage advanced manufacturing capabilities in combination with varying levels of customization to solve our customers’ toughest challenges and deliver improved productivity for a wide range of applicationsMetal Cutting markets its products under the Kennametal®, WIDIA®, WIDIA Hanita® and WIDIA GTD® brands through its direct sales force, a network of independent and national distributors, integrated supplier channels and via the Internet. Application engineers and technicians are critical to the sales process and directly assist our customers with specified product design, selection, application and support.
INFRASTRUCTURE Our Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders, primarily for the Earthworks, General Engineering, Energy and Aerospace & Defense end markets. These wear-resistant products include compacts, nozzles, frac seats and custom components used in oil and gas and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling and road milling; tungsten carbide powders for the oil and gas, aerospace and process industries; high temperature critical wear components, tungsten penetrators and armor solutions for aerospace and defense; and ceramics used by the packaging industry for metallization of films and papers. We combine deep metallurgical and engineering expertise with advanced manufacturing capabilities, such as 3D printing, to deliver solutions that drive improved productivity for our customers. Infrastructure markets its products primarily under the Kennametal® brand and sells through a direct sales force as well as through distributors.
Segment data is summarized as follows: 
(in thousands)202520242023
Sales:
Metal Cutting$1,219,686 $1,280,781 $1,269,765 
Infrastructure747,159 766,118 808,419 
Total sales$1,966,845 $2,046,899 $2,078,184 
Cost of goods sold:
Metal Cutting$793,479 $807,519 $798,749 
Infrastructure575,678 612,178 632,754 
Operating expense:
Metal Cutting$329,302 $331,019 $331,146 
Infrastructure99,433 100,044 103,285 
Restructuring and other charges, net:
Metal Cutting$9,015 $8,400 $2,741 
Infrastructure2,797 3,752 1,365 
Amortization of intangibles:
Metal Cutting$1,515 $1,270 $1,366 
Infrastructure9,274 10,287 11,258 
Operating income:
Metal Cutting$86,375 $132,573 $135,763 
Infrastructure58,465 39,857 59,757 
Total segment operating income144,840 172,430 195,520 
Unallocated corporate expenses(1,717)(2,207)(3,103)
Total operating income$143,123 $170,223 $192,417 
Interest expense$24,930 $26,472 $28,496 
Other (income) expense, net(13,811)(699)4,300 
Income before income taxes$132,004 $144,450 $159,621 
Depreciation and amortization:
Metal Cutting$93,544 $90,917 $90,880 
Infrastructure42,953 43,770 43,144 
Corporate— — 
Total depreciation and amortization$136,497 $134,687 $134,025 
Segment assets(4):
Metal Cutting$1,423,714 $1,416,884 $1,460,757 
Infrastructure675,785 690,374 734,944 
Corporate445,913 396,500 351,533 
Total assets$2,545,412 $2,503,758 $2,547,234 
Capital expenditures:
Metal Cutting$55,360 $71,148 $58,384 
Infrastructure33,611 36,413 36,001 
Total capital expenditures$88,971 $107,561 $94,385 
(4) Metal Cutting and Infrastructure segment assets are principally accounts receivable, less allowance for doubtful accounts; inventories; property, plant and equipment, net; goodwill; other intangible assets, net of accumulated amortization; and operating lease ROU assets. Corporate assets are principally cash and cash equivalents, other current assets, long-term prepaid pension benefit, deferred income taxes and other assets.
Geographic information for sales, based on country where the sale originated, and long-lived assets is as follows:
(in thousands)202520242023
Sales:
   United States$794,575 $824,275 $848,713 
   Germany263,817 278,824 270,936 
   China189,571 199,069 220,193 
   India119,390 115,397 112,819 
   Canada95,167 102,666 103,323 
   Italy58,574 68,575 68,249 
   France53,823 55,670 51,178 
   South Africa46,148 42,609 42,775 
   Mexico 44,672 44,408 42,367 
   Brazil25,595 30,224 32,946 
   Spain32,671 32,262 31,064 
   United Kingdom31,971 32,013 29,943 
   Other(5)
210,871 220,907 223,678 
Total sales$1,966,845 $2,046,899 $2,078,184 
Total long-lived assets:
   United States$486,762 $516,659 $552,770 
   Germany237,569 219,633 204,551 
   China73,875 77,759 81,731 
   India38,719 41,886 44,748 
   Israel23,302 22,018 24,662 
   Canada17,701 18,927 18,934 
   Other (5)
41,986 41,181 41,672 
Total long-lived assets(6)
$919,914 $938,063 $969,068 
(5) Other does not contain any country that individually exceeds 2 percent of total sales or total long-lived assets, respectively.
(6) Total long-lived assets as of June 30, 2025, 2024 and 2023 include property, plant and equipment, net.
The following table presents Kennametal's revenue disaggregated by segment by geography:
Metal CuttingInfrastructureTotal Kennametal
202520242023202520242023202520242023
Americas45 %45 %44 %56 %58 %60 %49 %49 %50 %
EMEA36 37 36 21 20 18 31 31 29 
Asia Pacific19 18 20 23 22 22 20 20 21 
The following table presents Kennametal's revenue disaggregated by segment by end market:
Metal CuttingInfrastructureTotal Kennametal
202520242023202520242023202520242023
General Engineering53 %54 %55 %33 %34 %34 %46 %46 %47 %
Transportation27 27 27 — — — 16 17 16 
Aerospace & Defense13 12 11 12 11 
Energy23 22 24 13 13 14 
Earthworks— — — 35 36 36 13 13 14