Kennametal (FRA:KM3) Total Operating Expense: €403 Mil (TTM As of Mar. 2026)


FRA:KM3 Kennametal Inc FRA:KM3
85 GF Score
Price €28.60
GF Value €25.41
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Kennametal Total Operating Expense?

Kennametal FRA:KM3 85 Total Operating Expense is €403 Mil as of Mar. 2026. GuruFocus rates FRA:KM3 with a GF Score™ of 85/100 and a GF Value™ of €25.41 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Kennametal's Total Operating Expense for the three months ended in Mar. 2026 was €109 Mil. Kennametal's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €403 Mil.

Kennametal Total Operating Expense Related Terms

Kennametal Total Operating Expense Historical Data

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The historical data trend for Kennametal's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kennametal Total Operating Expense Chart

Kennametal Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 349.64 408.75 415.27 413.14 382.89

Kennametal Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.71 94.07 98.32 101.35 109.37
FRA:KM3
85GF Score
Kennametal Inc FRA:KM3
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Kennametal Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €403 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of €403 Mil mean?
Kennametal (FRA:KM3) has a Total Operating Expense of €403 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Kennametal and its competitors.
Is Kennametal's Total Operating Expense too high?
Kennametal's current Total Operating Expense is €403 Mil. Overall, Kennametal has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kennametal's Total Operating Expense compare to HLMN and QEPC?
Kennametal's Total Operating Expense of €403 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Industrial Products company?
A good Total Operating Expense depends on the Industrial Products industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Kennametal and its competitors. Kennametal's current Total Operating Expense is €403 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kennametal stock overvalued right now?
Based on GuruFocus' analysis, Kennametal (FRA:KM3) is currently considered Modestly Overvalued. The stock's GF Value™ is €25.41, compared to a current price of €28.60 — trading 12.6% above its estimated fair value. The current Total Operating Expense is €403 Mil. Kennametal's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Kennametal (FRA:KM3), the current Total Operating Expense is €403 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kennametal (FRA:KM3) Overvalued in 2026?

Based on GuruFocus' analysis, Kennametal stock appears to be overvalued. The current stock price of €28.60 is trading 12.6% above its estimated GF Value™ of €25.41. GuruFocus considers Kennametal to be Modestly Overvalued.

Key valuation signals for FRA:KM3:

  • Total Operating Expense: €403 Mil
  • GF Value™: €25.41 vs. price of €28.60 (12.6% above fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the FRA:KM3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kennametal Business Description

Other Exchanges KMT:USAKM3:Germany
Address 525 William Penn Place, Suite 3300, Pittsburgh, PA, USA, 15219
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments; Metal Cutting and Infrastructure. It generates maximum revenue from the Metal Cutting segment. 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 aerospace, general engineering, energy, and transportation. Geographically, it derives maximum revenue from the United States and the rest from Germany, China, Canada, India, Italy, and other countries.
85GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€28.60
Price
€25.41
GF Value