Kennametal Stock

Kennametal Market capitalization 2024

Kennametal Market capitalization

2.01 B USD

Ticker

KMT

ISIN

US4891701009

WKN

855783

In 2024, Kennametal's market cap stood at 2.01 B USD, a 3.82% increase from the 1.94 B USD market cap in the previous year.

The Kennametal Market capitalization history

YEARMarket Capitalization (undefined USD)
20242.01
20232.15
20222.27
20213.23
20202.44
20192.88
20183.34
20173.2
20162.02
20152.48
20143.47
20133.46
20123.17
20113.19
20102.44
20091.52
20082.28
20072.94
20062.32
20051.83

Kennametal Aktienanalyse

What does Kennametal do?

Kennametal Inc. is a global company based in the USA that specializes in manufacturing high-performance cutting tools, materials, and solutions. The company was founded in 1938 and has continuously improved and expanded its product portfolio to meet its customers' needs. Kennametal is committed to providing its customers in all industries with the best possible solutions. In this regard, the company has formed strategic business partnerships to ensure that its products and services meet the highest quality standards. The business model of Kennametal is simple: it offers a wide range of cutting tools and solutions tailored to its customers' needs. The company has various divisions to ensure that it can meet all customer requirements. These divisions include: - Industrial - Infrastructure - Energy - Aerospace Within these divisions, Kennametal offers various products tailored to the specific requirements of each customer. The products range from drills, mills, and cutting tools to metalworking tools and solutions for the automotive industry. In recent years, Kennametal has made significant investments in research and development. The company aims to develop innovative products and solutions that help its customers increase productivity and profitability while reducing environmental impact. In this regard, Kennametal has developed various solutions such as an intelligent drilling system that can monitor and adjust the drilling process in real time to improve productivity and work quality. Another key element of Kennametal's success is its proximity to customers. The company has offices in over 60 countries and has a global network of experienced engineers and technicians who work closely with customers to understand their requirements and develop customized solutions. Overall, Kennametal aims to be a leading provider of cutting tools, materials, and solutions worldwide. The company has made significant progress in recent years and is known for developing some of the most innovative and technologically advanced products in the industry. Kennametal ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Kennametal's Market Capitalization

Kennametal's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Kennametal's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Kennametal's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Kennametal’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Kennametal stock

What is the current Kennametal market capitalization?

The current market capitalization of Kennametal is 2.01 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Kennametal.

How has the market capitalization of Kennametal developed in recent years?

The market capitalization of Kennametal has increased/decreased by 3.82% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Kennametal?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Kennametal?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Kennametal have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Kennametal pay?

Over the past 12 months, Kennametal paid a dividend of 0.6 USD . This corresponds to a dividend yield of about 2.38 %. For the coming 12 months, Kennametal is expected to pay a dividend of 0.62 USD.

What is the dividend yield of Kennametal?

The current dividend yield of Kennametal is 2.38 %.

When does Kennametal pay dividends?

Kennametal pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Kennametal?

Kennametal paid dividends every year for the past 23 years.

What is the dividend of Kennametal?

For the upcoming 12 months, dividends amounting to 0.62 USD are expected. This corresponds to a dividend yield of 2.48 %.

In which sector is Kennametal located?

Kennametal is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Kennametal kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Kennametal from 8/27/2024 amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on 8/13/2024.

When did Kennametal pay the last dividend?

The last dividend was paid out on 8/27/2024.

What was the dividend of Kennametal in the year 2023?

In the year 2023, Kennametal distributed 0.8 USD as dividends.

In which currency does Kennametal pay out the dividend?

The dividends of Kennametal are distributed in USD.

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Andere Kennzahlen von Kennametal

Our stock analysis for Kennametal Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Kennametal Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.