KMT
Kennametal Inc.
Manufacturing - Tools & Accessories
Market Cap$2.75B
5Y Perf.+30.1%
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Stock Comparison
KMT vs SWK
Revenue, margins, valuation, and 5-year total return — side by side.
SWK
Stanley Black & Decker, Inc.
Manufacturing - Tools & Accessories
Market Cap$12.60B
5Y Perf.-35.4%
KMT vs SWK — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | KMT | SWK |
|---|---|---|
| Industry | Manufacturing - Tools & Accessories | Manufacturing - Tools & Accessories |
| Market Cap | $2.75B | $12.60B |
| Revenue (TTM) | $2.14B | $15.23B |
| Net Income (TTM) | $137M | $371M |
| Gross Margin | 31.8% | 30.0% |
| Operating Margin | 9.6% | 7.8% |
| Forward P/E | 11.2x | 17.8x |
| Total Debt | $643M | $5.86B |
| Cash & Equiv. | $141M | $280M |
KMT vs SWK — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
KMT
SWK
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Kennametal Inc. (KMT) | 100 | 130.1 | +30.1% |
| Stanley Black & Dec… (SWK) | 100 | 64.6 | -35.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: KMT vs SWK
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: KMT leads in 5 of 7 categories, making it the strongest pick for valuation and capital efficiency and profitability and margin quality. Stanley Black & Decker, Inc. is the stronger pick specifically for growth and revenue expansion and dividend income and shareholder returns. As sector peers, any of these can serve as alternatives in the same allocation.
KMT
Kennametal Inc.
The Long-Run Compounder
KMT carries the broadest edge in this set and is the clearest fit for long-term compounding and sleep-well-at-night.
- 96.1% 10Y total return vs SWK's -0.7%
- Lower volatility, beta 1.36, Low D/E 48.6%, current ratio 2.46x
- Beta 1.36, yield 2.2%, current ratio 2.46x
Best for: long-term compounding and sleep-well-at-night
SWK
Stanley Black & Decker, Inc.
The Income Pick
SWK is the clearest fit if your priority is income & stability and growth exposure.
- Dividend streak 16 yrs, beta 1.83, yield 4.1%
- Rev growth -1.5%, EPS growth 35.9%, 3Y rev CAGR -3.7%
- -1.5% revenue growth vs KMT's -3.9%
Best for: income & stability and growth exposure
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | SWK | -1.5% revenue growth vs KMT's -3.9% |
| Value | KMT | Lower P/E (11.2x vs 17.8x) |
| Quality / Margins | KMT | 6.4% margin vs SWK's 2.4% |
| Stability / Safety | KMT | Beta 1.36 vs SWK's 1.83, lower leverage |
| Dividends | SWK | 4.1% yield, 16-year raise streak, vs KMT's 2.2% |
| Momentum (1Y) | KMT | +77.9% vs SWK's +36.4% |
| Efficiency (ROA) | KMT | 5.3% ROA vs SWK's 1.7%, ROIC 5.9% vs 5.8% |
KMT vs SWK — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2025
FY 2024
KMT vs SWK — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLKMTLAGGINGSWK
SWKStanley Black & Decke…
1leads
KMTKennametal Inc.
3leads
6 Total Categories
CATEGORYLEADERvs SWKMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
KMT5/6
Valuation MetricsMultiples, price ratios, and targets
Tied
—
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
KMT7/8
Total Returns1Y, 3Y, 5Y total returns with dividends
KMT6/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
SWK2/2
Income & Cash Flow (Last 12 Months)
KMT leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
SWK is the larger business by revenue, generating $15.2B annually — 7.1x KMT's $2.1B. Profitability is closely matched — net margins range from 6.4% (KMT) to 2.4% (SWK). On growth, KMT holds the edge at +21.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | KMTKennametal Inc. | SWKStanley Black & D… |
|---|---|---|
| RevenueTrailing 12 months | $2.1B | $15.2B |
| EBITDAEarnings before interest/tax | $275M | $1.7B |
| Net IncomeAfter-tax profit | $137M | $371M |
| Free Cash FlowCash after capex | $73M | $726M |
| Gross MarginGross profit ÷ Revenue | +31.8% | +30.0% |
| Operating MarginEBIT ÷ Revenue | +9.6% | +7.8% |
| Net MarginNet income ÷ Revenue | +6.4% | +2.4% |
| FCF MarginFCF ÷ Revenue | +3.4% | +4.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +21.8% | +2.7% |
| EPS Growth (YoY)Latest quarter vs prior year | +82.9% | -35.0% |
KMT leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
Evenly matched — KMT and SWK each lead in 3 of 6 comparable metrics.
Valuation Metrics
At 30.1x trailing earnings, KMT trades at a 2% valuation discount to SWK's 30.6x P/E. On an enterprise value basis, KMT's 11.6x EV/EBITDA is more attractive than SWK's 11.8x.
| Metric | KMTKennametal Inc. | SWKStanley Black & D… |
|---|---|---|
| Market CapShares × price | $2.8B | $12.6B |
| Enterprise ValueMkt cap + debt − cash | $3.3B | $18.2B |
| Trailing P/EPrice ÷ TTM EPS | 30.08x | 30.59x |
| Forward P/EPrice ÷ next-FY EPS est. | 11.25x | 17.83x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 11.64x | 11.80x |
| Price / SalesMarket cap ÷ Revenue | 1.40x | 0.83x |
| Price / BookPrice ÷ Book value/share | 2.12x | 1.36x |
| Price / FCFMarket cap ÷ FCF | 23.05x | 18.32x |
Evenly matched — KMT and SWK each lead in 3 of 6 comparable metrics.
Profitability & Efficiency
KMT leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
KMT delivers a 10.1% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $4 for SWK. KMT carries lower financial leverage with a 0.49x debt-to-equity ratio, signaling a more conservative balance sheet compared to SWK's 0.65x.
| Metric | KMTKennametal Inc. | SWKStanley Black & D… |
|---|---|---|
| ROE (TTM)Return on equity | +10.1% | +4.1% |
| ROA (TTM)Return on assets | +5.3% | +1.7% |
| ROICReturn on invested capital | +5.9% | +5.8% |
| ROCEReturn on capital employed | +6.8% | +7.0% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 6 |
| Debt / EquityFinancial leverage | 0.49x | 0.65x |
| Net DebtTotal debt minus cash | $503M | $5.6B |
| Cash & Equiv.Liquid assets | $141M | $280M |
| Total DebtShort + long-term debt | $643M | $5.9B |
| Interest CoverageEBIT ÷ Interest expense | 5.27x | 2.07x |
KMT leads this category, winning 7 of 8 comparable metrics.
Total Returns (Dividends Reinvested)
KMT leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in KMT five years ago would be worth $9,731 today (with dividends reinvested), compared to $4,402 for SWK. Over the past 12 months, KMT leads with a +77.9% total return vs SWK's +36.4%. The 3-year compound annual growth rate (CAGR) favors KMT at 12.7% vs SWK's 2.6% — a key indicator of consistent wealth creation.
| Metric | KMTKennametal Inc. | SWKStanley Black & D… |
|---|---|---|
| YTD ReturnYear-to-date | +25.2% | +7.1% |
| 1-Year ReturnPast 12 months | +77.9% | +36.4% |
| 3-Year ReturnCumulative with dividends | +43.0% | +7.9% |
| 5-Year ReturnCumulative with dividends | -2.7% | -56.0% |
| 10-Year ReturnCumulative with dividends | +96.1% | -0.7% |
| CAGR (3Y)Annualised 3-year return | +12.7% | +2.6% |
KMT leads this category, winning 6 of 6 comparable metrics.
Risk & Volatility
Evenly matched — KMT and SWK each lead in 1 of 2 comparable metrics.
Risk & Volatility
KMT is the less volatile stock with a 1.36 beta — it tends to amplify market swings less than SWK's 1.83 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. SWK currently trades 86.8% from its 52-week high vs KMT's 82.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | KMTKennametal Inc. | SWKStanley Black & D… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.36x | 1.83x |
| 52-Week HighHighest price in past year | $43.81 | $93.37 |
| 52-Week LowLowest price in past year | $17.62 | $59.54 |
| % of 52W HighCurrent price vs 52-week peak | +82.4% | +86.8% |
| RSI (14)Momentum oscillator 0–100 | 60.9 | 59.0 |
| Avg Volume (50D)Average daily shares traded | 1.3M | 2.0M |
Evenly matched — KMT and SWK each lead in 1 of 2 comparable metrics.
Analyst Outlook
SWK leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates KMT as "Hold" and SWK as "Hold". Consensus price targets imply 10.0% upside for SWK (target: $89) vs 3.9% for KMT (target: $38). For income investors, SWK offers the higher dividend yield at 4.06% vs KMT's 2.20%.
| Metric | KMTKennametal Inc. | SWKStanley Black & D… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold |
| Price TargetConsensus 12-month target | $37.50 | $89.17 |
| # AnalystsCovering analysts | 23 | 37 |
| Dividend YieldAnnual dividend ÷ price | +2.2% | +4.1% |
| Dividend StreakConsecutive years of raises | 2 | 16 |
| Dividend / ShareAnnual DPS | $0.79 | $3.29 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.2% | +0.1% |
SWK leads this category, winning 2 of 2 comparable metrics.
Key Takeaway
KMT leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). SWK leads in 1 (Analyst Outlook). 2 tied.
Best OverallKennametal Inc. (KMT)Leads 3 of 6 categories
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KMT vs SWK: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is KMT or SWK a better buy right now?
For growth investors, Stanley Black & Decker, Inc.
(SWK) is the stronger pick with -1. 5% revenue growth year-over-year, versus -3. 9% for Kennametal Inc. (KMT). Kennametal Inc. (KMT) offers the better valuation at 30. 1x trailing P/E (11. 2x forward), making it the more compelling value choice. Analysts rate Kennametal Inc. (KMT) a "Hold" — based on 23 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — KMT or SWK?
On trailing P/E, Kennametal Inc.
(KMT) is the cheapest at 30. 1x versus Stanley Black & Decker, Inc. at 30. 6x. On forward P/E, Kennametal Inc. is actually cheaper at 11. 2x.
03Which is the better long-term investment — KMT or SWK?
Over the past 5 years, Kennametal Inc.
(KMT) delivered a total return of -2. 7%, compared to -56. 0% for Stanley Black & Decker, Inc. (SWK). Over 10 years, the gap is even starker: KMT returned +96. 1% versus SWK's -0. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — KMT or SWK?
By beta (market sensitivity over 5 years), Kennametal Inc.
(KMT) is the lower-risk stock at 1. 36β versus Stanley Black & Decker, Inc. 's 1. 83β — meaning SWK is approximately 35% more volatile than KMT relative to the S&P 500. On balance sheet safety, Kennametal Inc. (KMT) carries a lower debt/equity ratio of 49% versus 65% for Stanley Black & Decker, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — KMT or SWK?
By revenue growth (latest reported year), Stanley Black & Decker, Inc.
(SWK) is pulling ahead at -1. 5% versus -3. 9% for Kennametal Inc. (KMT). On earnings-per-share growth, the picture is similar: Stanley Black & Decker, Inc. grew EPS 35. 9% year-over-year, compared to -12. 4% for Kennametal Inc.. Over a 3-year CAGR, KMT leads at -0. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — KMT or SWK?
Kennametal Inc.
(KMT) is the more profitable company, earning 4. 7% net margin versus 2. 7% for Stanley Black & Decker, Inc. — meaning it keeps 4. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SWK leads at 7. 6% versus 7. 3% for KMT. At the gross margin level — before operating expenses — KMT leads at 30. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is KMT or SWK more undervalued right now?
On forward earnings alone, Kennametal Inc.
(KMT) trades at 11. 2x forward P/E versus 17. 8x for Stanley Black & Decker, Inc. — 6. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SWK: 10. 0% to $89. 17.
08Which pays a better dividend — KMT or SWK?
All stocks in this comparison pay dividends.
Stanley Black & Decker, Inc. (SWK) offers the highest yield at 4. 1%, versus 2. 2% for Kennametal Inc. (KMT).
09Is KMT or SWK better for a retirement portfolio?
For long-horizon retirement investors, Kennametal Inc.
(KMT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (2. 2% yield). Stanley Black & Decker, Inc. (SWK) carries a higher beta of 1. 83 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (KMT: +96. 1%, SWK: -0. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between KMT and SWK?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: KMT is a small-cap quality compounder stock; SWK is a mid-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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Revenue Growth>
%
(KMT: 21.8% · SWK: 2.7%)Net Margin>
%
(KMT: 6.4% · SWK: 2.4%)P/E Ratio<
x
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