Segment Data (Tables)

12 Months Ended

Jun. 30, 2024

Disaggregation of Revenue [Table Text Block]

The following table presents Kennametal's revenue disaggregated by segment by geography:


	Metal Cutting						Infrastructure						Total Kennametal
	2024		2023		2022		2024		2023		2022		2024		2023		2022
Americas	45	%	44	%	41	%	58	%	60	%	59	%	49	%	50	%	48	%
EMEA	37		36		37		20		18		18		31		29		30
Asia Pacific	18		20		22		22		22		23		20		21		22

The following table presents Kennametal's revenue disaggregated by segment by end market:


	Metal Cutting						Infrastructure						Total Kennametal
	2024		2023		2022		2024		2023		2022		2024		2023		2022
General Engineering	54	%	55	%	55	%	34	%	34	%	34	%	46	%	47	%	47	%
Transportation	27		27		27		—		—		—		17		16		17
Aerospace & Defense	12		11		10		8		6		7		11		9		9
Energy	7		7		8		22		24		22		13		14		13
Earthworks	—		—		—		36		36		37		13		14		14

Segment Data

Segment data is summarized as follows:


(in thousands)	2024		2023		2022
Sales:
Metal Cutting	$	1,280,781	$	1,269,765	$	1,227,273
Infrastructure	766,118		808,419		785,183
Total sales	$	2,046,899	$	2,078,184	$	2,012,456

Operating income:
Metal Cutting	$	132,573	$	135,763	$	121,386
Infrastructure	39,857		59,757		98,871
Corporate	(2,207)		(3,103)		(2,117)
Total operating income	$	170,223	$	192,417	$	218,140

Interest expense	$	26,472	$	28,496	$	25,914
Other (income) expense, net	(699)		4,300		(14,507)
Income before income taxes	$	144,450	$	159,621	$	206,733

Depreciation and amortization:
Metal Cutting	$	90,917	$	90,880	$	87,986
Infrastructure	43,770		43,144		43,691
Corporate	—		1		1
Total depreciation and amortization	$	134,687	$	134,025	$	131,678






Segment assets(4):
Metal Cutting	$	1,416,884	$	1,460,757	$	1,469,835
Infrastructure	690,374		734,944		768,226
Corporate	396,500		351,533		335,463
Total assets	$	2,503,758	$	2,547,234	$	2,573,524

Capital expenditures:
Metal Cutting	$	71,148	$	58,384	$	64,055
Infrastructure	36,413		36,001		32,869
Total capital expenditures	$	107,561	$	94,385	$	96,924

(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 [Table Text Block]

Geographic information for sales, based on country where the sale originated, and long-lived assets is as follows:


(in thousands)	2024		2023		2022
Sales:
United States	$	824,275	$	848,713	$	797,768
Germany	278,824		270,936		262,764
China	199,069		220,193		234,997
India	115,397		112,819		108,695
Canada	102,666		103,323		94,956
Italy	68,575		68,249		67,930
France	55,670		51,178		47,218
South Africa	42,609		42,775		42,402
Mexico	44,408		42,367		35,099
Brazil	30,224		32,946		26,147
Spain	32,262		31,064		29,756
United Kingdom	32,013		29,943		30,686
Other(5)	220,907		223,678		234,038
Total sales	$	2,046,899	$	2,078,184	$	2,012,456

Total long-lived assets:
United States	$	516,659	$	552,770	$	585,003
Germany	219,633		204,551		195,325
China	77,759		81,731		92,315
India	41,886		44,748		45,146
Israel	22,018		24,662		26,864
Canada	18,927		18,934		18,478
Other (5)	41,181		41,672		38,910
Total long-lived assets(6)	$	938,063	$	969,068	$	1,002,041

(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, 2024, 2023 and 2022 include property, plant, and equipment, net.