Kennametal [KMT] vs Lincoln Electric [LECO] Detailed Stock Comparison

Kennametal Inc.

NYSE
Loading...

Lincoln Electric Holdings Inc.

NASDAQ
Loading...

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Kennametal Inc. wins in 9 metrics, Lincoln Electric Holdings Inc. wins in 12 metrics, with 0 ties. Lincoln Electric Holdings Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Kennametal Inc. Lincoln Electric Holdings Inc. Better
P/E Ratio (TTM) 27.19 27.86 Kennametal Inc.
Price-to-Book Ratio 2.25 9.71 Kennametal Inc.
Debt-to-Equity Ratio 47.46 91.68 Kennametal Inc.
PEG Ratio 0.30 -69.38 Kennametal Inc.
EV/EBITDA 11.04 18.91 Kennametal Inc.
Profit Margin (TTM) 5.43% 12.30% Lincoln Electric Holdings Inc.
Operating Margin (TTM) 10.23% 17.01% Lincoln Electric Holdings Inc.
EBITDA Margin (TTM) 10.23% 17.01% Lincoln Electric Holdings Inc.
Return on Equity 8.86% 37.22% Lincoln Electric Holdings Inc.
Return on Assets (TTM) 4.48% 12.17% Lincoln Electric Holdings Inc.
Free Cash Flow (TTM) $119.35M $534.20M Lincoln Electric Holdings Inc.
Dividend Yield 2.04% 1.33% Kennametal Inc.
1-Year Return 52.35% 33.52% Kennametal Inc.
Price-to-Sales Ratio (TTM) 1.46 3.37 Kennametal Inc.
Enterprise Value $3.52B $15.30B Lincoln Electric Holdings Inc.
EV/Revenue Ratio 1.73 3.62 Kennametal Inc.
Gross Profit Margin (TTM) 32.83% 34.67% Lincoln Electric Holdings Inc.
Revenue per Share (TTM) $27 $76 Lincoln Electric Holdings Inc.
Earnings per Share (Diluted) $1.43 $9.34 Lincoln Electric Holdings Inc.
Beta (Stock Volatility) 1.47 1.30 Lincoln Electric Holdings Inc.
Short % of Float 6.12% 1.94% Lincoln Electric Holdings Inc.

Kennametal Inc. vs Lincoln Electric Holdings Inc. Stock Performance Analysis

Loading Price Chart...

KMT
LECO

Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Kennametal Inc.-2.62%-9.15%-8.71%-18.17%21.42%15.76%
Lincoln Electric Holdings Inc.3.33%-4.13%-2.94%-11.40%7.13%4.35%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Kennametal Inc.52.35%19.53%-13.64%31.57%-16.94%6.91%
Lincoln Electric Holdings Inc.33.52%42.18%97.67%329.39%610.14%772.98%

Performance & Financial Health Analysis: Kennametal Inc. vs Lincoln Electric Holdings Inc.

MetricKMTLECO
Market Information
Market Cap i$3.01B$14.27B
Market Cap CategoryMid capLarge cap
10 Day Avg. Volume i1,002,902327,862
90 Day Avg. Volume i1,300,997355,484
Last Close$32.68$262.75
52 Week Range$17.62 - $43.81$191.03 - $310.00
% from 52W High-25.41%-15.24%
All-Time High$52.52 (Jan 15, 2018)$310.00 (Feb 12, 2026)
% from All-Time High-37.78%-15.24%
Growth Metrics
Quarterly Revenue Growth0.10%0.06%
Quarterly Earnings Growth0.89%-0.03%
Financial Health
Profit Margin (TTM) i0.05%0.12%
Operating Margin (TTM) i0.10%0.17%
Return on Equity (TTM) i0.09%0.37%
Debt to Equity (MRQ) i47.4691.68
Cash & Liquidity
Book Value per Share (MRQ)$17.26$26.80
Cash per Share (MRQ)$1.70$5.63
Operating Cash Flow (TTM) i$180.03M$661.17M
Levered Free Cash Flow (TTM) i$93.24M$281.08M
Dividends
Last 12-Month Dividend Yield i2.04%1.33%
Last 12-Month Dividend i$0.80$3.83

Valuation & Enterprise Metrics Analysis: Kennametal Inc. vs Lincoln Electric Holdings Inc.

MetricKMT (Apr 24, 2026)LECO (Apr 22, 2026)
Price Ratios
P/E Ratio (TTM) i27.1927.86
Forward P/E i15.1721.92
PEG Ratio i0.30-69.38
Price to Sales (TTM) i1.463.37
Price to Book (MRQ) i2.259.71
Market Capitalization
Market Capitalization i$3.01B$14.27B
Enterprise Value i$3.52B$15.30B
Enterprise Value Metrics
Enterprise to Revenue i1.733.62
Enterprise to EBITDA i11.0418.91
Risk & Other Metrics
Beta i1.471.30
Book Value per Share (MRQ) i$17.26$26.80

Financial Statements Comparison: Kennametal Inc. vs Lincoln Electric Holdings Inc.

Financial Metrics

Loading Financial Charts...

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricKMT (2025)LECO (2025)
Revenue/Sales i1.97B4.23B
Cost of Goods Sold i1.37B2.70B
COGS % of Revenue i69.6%63.8%
Gross Profit i598.07M1.53B
Gross Margin i30.4%36.2%
Research & Development iN/AN/A
Operating Income (EBIT) i156.45M736.26M
Operating Margin i8.0%17.4%
EBITDA i306.76M843.76M
EBITDA Margin i15.6%19.9%
Pre-Tax Income i132.00M675.45M
Pre-Tax Income % of Revenue i6.7%16.0%
Income Tax i33.30M154.92M
Income Tax % of Revenue i1.7%3.7%
Net Income (Profit) i98.71M520.53M
Profit Margin i5.0%12.3%

Balance Sheet & Liquidity Metrics

MetricKMT (2025)LECO (2025)
Cash & Equivalents i140.54M308.79M
Total Current Assets i1.04B1.74B
Total Current Assets % of Revenue i52.8%41.1%
Total Current Liabilities i422.33M956.69M
Total Current Liabilities % of Revenue i21.5%22.6%
Long-Term Debt i630.20M1.15B
Long-Term Debt % of Revenue i32.0%27.1%
Total Shareholders Equity i1.32B1.47B
Retained Earnings i1.20B4.34B
Retained Earnings % of Revenue i61.1%102.6%
Property, Plant & Equipment i485.41M0

Cash Flow Statement Comparison

MetricKMT (2025)LECO (2025)
Operating Cash Flow i226.47M660.45M
Operating Cash Flow % of Revenue i11.5%15.6%
Capital Expenditures i-87.13M7.18M
Free Cash Flow i119.35M534.20M
FCF Margin i6.1%12.6%
Debt Repayment i-459,000-100.17M
Common Stock Repurchase i-60.12M-338.31M

Short Interest & Institutional Ownership Analysis

MetricKMTLECO
Shares Short i2.85M937,435
Short Ratio i1.733.20
Short % of Float i6.12%1.94%
Shares Outstanding i76.19M54.85M
Float Shares i75.09M53.69M
% Held by Insiders i0.87%1.50%
% Held by Institutions i105.14%81.25%
% Held by Public i-6.01%17.25%

Dividend Analysis & Yield Comparison: Kennametal Inc. vs Lincoln Electric Holdings Inc.

MetricKMTLECO
Last 12-Month Dividend i$0.80$3.83
Last 12-Month Dividend Yield i2.04%1.33%
3-Year Avg Annual Dividend i$0.80$3.11
3-Year Avg Dividend Yield i0.79%0.35%
3-Year Total Dividends i$2.40$9.34
Ex-Dividend DateFeb 10, 2026Mar 31, 2026