KMT
Kennametal Inc.
Manufacturing - Tools & Accessories
Market Cap$3.30B
5Y Perf.+56.0%
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Stock Comparison
KMT vs TDY
Revenue, margins, valuation, and 5-year total return — side by side.
TDY
Teledyne Technologies Incorporated
Hardware, Equipment & Parts
Market Cap$29.83B
5Y Perf.+72.2%
KMT vs TDY — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | KMT | TDY |
|---|---|---|
| Industry | Manufacturing - Tools & Accessories | Hardware, Equipment & Parts |
| Market Cap | $3.30B | $29.83B |
| Revenue (TTM) | $2.14B | $6.27B |
| Net Income (TTM) | $137M | $950M |
| Gross Margin | 31.9% | 37.7% |
| Operating Margin | 9.5% | 19.1% |
| Forward P/E | 17.7x | 26.8x |
| Total Debt | $643M | $2.64B |
| Cash & Equiv. | $141M | $352M |
KMT vs TDY — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
KMT
TDY
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Kennametal Inc. (KMT) | 100 | 156.0 | +56.0% |
| Teledyne Technologi… (TDY) | 100 | 172.2 | +72.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: KMT vs TDY
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: TDY leads in 4 of 7 categories, making it the strongest pick for growth and revenue expansion and profitability and margin quality. Kennametal Inc. is the stronger pick specifically for valuation and capital efficiency and dividend income and shareholder returns. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
KMT
Kennametal Inc.
The Value Play
KMT is the clearest fit if your priority is value and dividends.
- Lower P/E (17.7x vs 26.8x)
- 1.8% yield; 2-year raise streak; the other pay no meaningful dividend
- +122.4% vs TDY's +35.3%
Best for: value and dividends
TDY
Teledyne Technologies Incorporated
The Income Pick
TDY carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 0.95
- Rev growth 7.9%, EPS growth 9.7%, 3Y rev CAGR 3.9%
- 5.9% 10Y total return vs KMT's 115.9%
Best for: income & stability and growth exposure
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | TDY | 7.9% revenue growth vs KMT's -3.9% |
| Value | KMT | Lower P/E (17.7x vs 26.8x) |
| Quality / Margins | TDY | 15.1% margin vs KMT's 6.4% |
| Stability / Safety | TDY | Beta 0.95 vs KMT's 1.31, lower leverage |
| Dividends | KMT | 1.8% yield; 2-year raise streak; the other pay no meaningful dividend |
| Momentum (1Y) | KMT | +122.4% vs TDY's +35.3% |
| Efficiency (ROA) | TDY | 6.2% ROA vs KMT's 5.3%, ROIC 7.0% vs 5.9% |
KMT vs TDY — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2025
FY 2025
KMT vs TDY — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLKMTLAGGINGTDY
TDYTeledyne Technologies…
2leads
KMTKennametal Inc.
2leads
6 Total Categories
CATEGORYLEADERvs TDYMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
TDY4/6
Valuation MetricsMultiples, price ratios, and targets
KMT5/6
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
TDY6/9
Total Returns1Y, 3Y, 5Y total returns with dividends
KMT4/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
—
—
Income & Cash Flow (Last 12 Months)
TDY leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
TDY is the larger business by revenue, generating $6.3B annually — 2.9x KMT's $2.1B. TDY is the more profitable business, keeping 15.1% of every revenue dollar as net income compared to KMT's 6.4%. On growth, KMT holds the edge at +21.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | KMTKennametal Inc. | TDYTeledyne Technolo… |
|---|---|---|
| RevenueTrailing 12 months | $2.1B | $6.3B |
| EBITDAEarnings before interest/tax | $238M | $1.5B |
| Net IncomeAfter-tax profit | $137M | $950M |
| Free Cash FlowCash after capex | $73M | $1.1B |
| Gross MarginGross profit ÷ Revenue | +31.9% | +37.7% |
| Operating MarginEBIT ÷ Revenue | +9.5% | +19.1% |
| Net MarginNet income ÷ Revenue | +6.4% | +15.1% |
| FCF MarginFCF ÷ Revenue | +3.4% | +16.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +21.8% | +7.6% |
| EPS Growth (YoY)Latest quarter vs prior year | +82.9% | +21.6% |
TDY leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
KMT leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 34.1x trailing earnings, TDY trades at a 5% valuation discount to KMT's 36.1x P/E. On an enterprise value basis, KMT's 13.6x EV/EBITDA is more attractive than TDY's 21.6x.
| Metric | KMTKennametal Inc. | TDYTeledyne Technolo… |
|---|---|---|
| Market CapShares × price | $3.3B | $29.8B |
| Enterprise ValueMkt cap + debt − cash | $3.8B | $32.1B |
| Trailing P/EPrice ÷ TTM EPS | 36.06x | 34.12x |
| Forward P/EPrice ÷ next-FY EPS est. | 17.74x | 26.75x |
| PEG RatioP/E ÷ EPS growth rate | — | 2.79x |
| EV / EBITDAEnterprise value multiple | 13.59x | 21.62x |
| Price / SalesMarket cap ÷ Revenue | 1.68x | 4.88x |
| Price / BookPrice ÷ Book value/share | 2.54x | 2.90x |
| Price / FCFMarket cap ÷ FCF | 27.63x | 27.78x |
KMT leads this category, winning 5 of 6 comparable metrics.
Profitability & Efficiency
TDY leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
KMT delivers a 10.1% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $9 for TDY. TDY carries lower financial leverage with a 0.25x debt-to-equity ratio, signaling a more conservative balance sheet compared to KMT's 0.49x. On the Piotroski fundamental quality scale (0–9), TDY scores 7/9 vs KMT's 6/9, reflecting strong financial health.
| Metric | KMTKennametal Inc. | TDYTeledyne Technolo… |
|---|---|---|
| ROE (TTM)Return on equity | +10.1% | +8.9% |
| ROA (TTM)Return on assets | +5.3% | +6.2% |
| ROICReturn on invested capital | +5.9% | +7.0% |
| ROCEReturn on capital employed | +6.8% | +8.7% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 7 |
| Debt / EquityFinancial leverage | 0.49x | 0.25x |
| Net DebtTotal debt minus cash | $503M | $2.3B |
| Cash & Equiv.Liquid assets | $141M | $352M |
| Total DebtShort + long-term debt | $643M | $2.6B |
| Interest CoverageEBIT ÷ Interest expense | 5.29x | 24.51x |
TDY leads this category, winning 6 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
KMT leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in TDY five years ago would be worth $14,846 today (with dividends reinvested), compared to $11,287 for KMT. Over the past 12 months, KMT leads with a +122.4% total return vs TDY's +35.3%. The 3-year compound annual growth rate (CAGR) favors KMT at 19.3% vs TDY's 15.9% — a key indicator of consistent wealth creation.
| Metric | KMTKennametal Inc. | TDYTeledyne Technolo… |
|---|---|---|
| YTD ReturnYear-to-date | +49.9% | +24.2% |
| 1-Year ReturnPast 12 months | +122.4% | +35.3% |
| 3-Year ReturnCumulative with dividends | +69.6% | +55.8% |
| 5-Year ReturnCumulative with dividends | +12.9% | +48.5% |
| 10-Year ReturnCumulative with dividends | +115.9% | +585.8% |
| CAGR (3Y)Annualised 3-year return | +19.3% | +15.9% |
KMT leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
Evenly matched — KMT and TDY each lead in 1 of 2 comparable metrics.
Risk & Volatility
TDY is the less volatile stock with a 0.95 beta — it tends to amplify market swings less than KMT's 1.31 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. KMT currently trades 98.8% from its 52-week high vs TDY's 92.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | KMTKennametal Inc. | TDYTeledyne Technolo… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.31x | 0.95x |
| 52-Week HighHighest price in past year | $43.81 | $693.38 |
| 52-Week LowLowest price in past year | $17.62 | $471.96 |
| % of 52W HighCurrent price vs 52-week peak | +98.8% | +92.9% |
| RSI (14)Momentum oscillator 0–100 | 45.9 | 46.1 |
| Avg Volume (50D)Average daily shares traded | 1.3M | 305K |
Evenly matched — KMT and TDY each lead in 1 of 2 comparable metrics.
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates KMT as "Hold" and TDY as "Buy". Consensus price targets imply 10.4% upside for TDY (target: $711) vs -16.8% for KMT (target: $36). KMT is the only dividend payer here at 1.84% yield — a key consideration for income-focused portfolios.
| Metric | KMTKennametal Inc. | TDYTeledyne Technolo… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $36.00 | $711.33 |
| # AnalystsCovering analysts | 23 | 18 |
| Dividend YieldAnnual dividend ÷ price | +1.8% | — |
| Dividend StreakConsecutive years of raises | 2 | — |
| Dividend / ShareAnnual DPS | $0.79 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +1.8% | +1.4% |
Insufficient data to determine a leader in this category.
Key Takeaway
TDY leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). KMT leads in 2 (Valuation Metrics, Total Returns). 1 tied.
Best OverallKennametal Inc. (KMT)Leads 2 of 6 categories
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KMT vs TDY: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is KMT or TDY a better buy right now?
For growth investors, Teledyne Technologies Incorporated (TDY) is the stronger pick with 7.
9% revenue growth year-over-year, versus -3. 9% for Kennametal Inc. (KMT). Teledyne Technologies Incorporated (TDY) offers the better valuation at 34. 1x trailing P/E (26. 8x forward), making it the more compelling value choice. Analysts rate Teledyne Technologies Incorporated (TDY) a "Buy" — based on 18 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 TDY?
On trailing P/E, Teledyne Technologies Incorporated (TDY) is the cheapest at 34.
1x versus Kennametal Inc. at 36. 1x. On forward P/E, Kennametal Inc. is actually cheaper at 17. 7x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — KMT or TDY?
Over the past 5 years, Teledyne Technologies Incorporated (TDY) delivered a total return of +48.
5%, compared to +12. 9% for Kennametal Inc. (KMT). Over 10 years, the gap is even starker: TDY returned +585. 8% versus KMT's +115. 9%. 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 TDY?
By beta (market sensitivity over 5 years), Teledyne Technologies Incorporated (TDY) is the lower-risk stock at 0.
95β versus Kennametal Inc. 's 1. 31β — meaning KMT is approximately 39% more volatile than TDY relative to the S&P 500. On balance sheet safety, Teledyne Technologies Incorporated (TDY) carries a lower debt/equity ratio of 25% versus 49% for Kennametal Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — KMT or TDY?
By revenue growth (latest reported year), Teledyne Technologies Incorporated (TDY) is pulling ahead at 7.
9% versus -3. 9% for Kennametal Inc. (KMT). On earnings-per-share growth, the picture is similar: Teledyne Technologies Incorporated grew EPS 9. 7% year-over-year, compared to -12. 4% for Kennametal Inc.. Over a 3-year CAGR, TDY leads at 3. 9% 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 TDY?
Teledyne Technologies Incorporated (TDY) is the more profitable company, earning 14.
6% net margin versus 4. 7% for Kennametal Inc. — meaning it keeps 14. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TDY leads at 18. 8% versus 7. 3% for KMT. At the gross margin level — before operating expenses — TDY leads at 39. 2%, 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 TDY more undervalued right now?
On forward earnings alone, Kennametal Inc.
(KMT) trades at 17. 7x forward P/E versus 26. 8x for Teledyne Technologies Incorporated — 9. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TDY: 10. 4% to $711. 33.
08Which pays a better dividend — KMT or TDY?
In this comparison, KMT (1.
8% yield) pays a dividend. TDY does not pay a meaningful dividend and should not be held primarily for income.
09Is KMT or TDY better for a retirement portfolio?
For long-horizon retirement investors, Teledyne Technologies Incorporated (TDY) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
95), +585. 8% 10Y return). Both have compounded well over 10 years (TDY: +585. 8%, KMT: +115. 9%), 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 TDY?
These companies operate in different sectors (KMT (Industrials) and TDY (Technology)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
KMT pays a dividend while TDY does not, making them suitable for different income and tax situations. 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% · TDY: 7.6%)Net Margin>
%
(KMT: 6.4% · TDY: 15.1%)P/E Ratio<
x
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