Is KENNAMETAL INC (KMT) Halal?

NYSE Industrials United States $2.7B
✓ HALAL
Confidence: 95/100
KENNAMETAL INC (KMT) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 22.7% against the AAOIFI threshold of 30%, KENNAMETAL INC comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Tools & Accessories), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 22.7%
/ 30%
5.0%
/ 30%
10.4%
/ 30%
0.02%
/ 5%
✓ HALAL
DJIM 22.7%
/ 33%
5.0%
/ 33%
10.4%
/ 33%
0.02%
/ 5%
✓ HALAL
MSCI 25.3%
/ 33%
5.5%
/ 33%
11.6%
/ 33%
0.02%
/ 5%
✓ HALAL
S&P 22.7%
/ 33%
5.0%
/ 33%
10.4%
/ 33%
0.02%
/ 5%
✓ HALAL
FTSE 25.3%
/ 33%
5.5%
/ 33%
11.6%
/ 50%
0.02%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
25.2
Forward: 14.5
EPS
$1.43
Dividend Yield
222.0%
Payout: 55.9%
P/B Ratio
2.1
EV/EBITDA
10.4
EV: $3.3B
Revenue
$2.0B
Growth: 9.8%
Beta
1.5
High volatility
Current Ratio
2.6

Profitability

Gross Margin 31.2%
Operating Margin 10.2%
Net Margin 5.4%
Return on Equity (ROE) 8.9%
Return on Assets (ROA) 4.5%

Cash Flow & Balance Sheet

Operating Cash Flow$208M
Free Cash Flow$119M
Total Debt$643M
Debt-to-Equity47.5
Current Ratio2.6
Total Assets$2.5B

Price & Trading

Last Close$35.61
50-Day MA$37.54
200-Day MA$27.58
Avg Volume1.5M
Beta1.5
52-Week Range
$17.30
$42.03

About KENNAMETAL INC (KMT)

CEO
Mr. Sanjay K. Chowbey
Employees
8,100
Sector
Industrials
Industry
Tools & Accessories
Country
United States
Exchange
NYSE
Market Cap
$2.7B
Currency
USD

Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide. It operates through two segments, Metal Cutting and Infrastructure. The Metal Cutting segment offers milling, hole making, turning, threading, and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships, and various types of industrial equipment under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force, a network of independent and national distributors, integrated supplier channels, and digitally. Its Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and metallurgical powders, such as compacts, nozzles, frac seats, and custom components used in oil and gas and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide powders for the oil and gas, aerospace, and process industries; high temperature critical wear components, tungsten penetrators, and armor solutions for aerospace and defense; and ceramics used by the packaging industry for metallization of films and papers under the Kennametal brand through a direct sales force and distributors. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania.

Purification Calculator

As a halal stock with 0.02% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is KENNAMETAL INC (KMT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), KENNAMETAL INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is KENNAMETAL INC's debt ratio?

KENNAMETAL INC's debt ratio is 22.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 25.3%.

Does KENNAMETAL INC require dividend purification?

Yes, KENNAMETAL INC has an impermissible income ratio of 0.02%, which means 0.02% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are KENNAMETAL INC's key financial metrics?

KENNAMETAL INC has a market capitalization of $2.7B, trailing P/E ratio of 25.2, and revenue of $2.0B. The company maintains a gross margin of 31.2% and a net margin of 5.4%. Return on equity stands at 8.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.