ATS vs Kennametal
ATS and Kennametal are similar in size: $2.15bn and $2.36bn of revenue in their latest fiscal years. Kennametal grew faster (19.8% against 18.1%). Kennametal kept more of each dollar of sales as profit: a net margin of 14.5% against 2.4%. Kennametal carries less debt relative to equity (43.7% against 72.1%).
| Latest fiscal year | ATSATS, 2026 | KennametalKMT, 2026 |
|---|---|---|
| Revenue | $2.15bn | $2.36bn |
| Revenue growth | 18.1% | 19.8% |
| Net income | $51.9m | $342m |
| Operating margin | 6.7% | 20.1% |
| Net margin | 2.4% | 14.5% |
| Return on equity | 4.2% | 24.0% |
| Free cash flow | $300m | −$80.9m |
| Cash | $204m | $95.8m |
| Total debt | $918m | $685m |
| Debt to equity | 72.1% | 43.7% |
| Dividend per share | — | $0.80 |
| Dividend yield | — | 2.5% |
| Share buybacks | $7.2m | $10.1m |
| Employees | — | 8,073 |
| Market value | $1.86bn | $2.42bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | — | 47 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 2 buys, 9 sales |