Graco vs Kennametal
Graco and Kennametal are similar in size: $2.24bn and $2.36bn of revenue in their latest fiscal years. Kennametal grew faster (19.8% against 5.8%). Graco kept more of each dollar of sales as profit: a net margin of 23.3% against 14.5%. Graco carries less debt relative to equity (0.1% against 43.7%).
| Latest fiscal year | GracoGGG, 2025 | KennametalKMT, 2026 |
|---|---|---|
| Revenue | $2.24bn | $2.36bn |
| Revenue growth | 5.8% | 19.8% |
| Net income | $522m | $342m |
| Operating margin | 27.9% | 20.1% |
| Net margin | 23.3% | 14.5% |
| Return on equity | 19.9% | 24.0% |
| Free cash flow | $638m | −$80.9m |
| Cash | $624m | $95.8m |
| Total debt | $1.6m | $685m |
| Debt to equity | 0.1% | 43.7% |
| Dividend per share | $1.12 | $0.80 |
| Dividend yield | 1.7% | 2.5% |
| Share buybacks | $423m | $10.1m |
| Employees | — | 8,073 |
| Market value | $11.26bn | $2.42bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 91 (Strong) | 47 (Moderate) |
| Insider trades, 12 months | 1 buys, 7 sales | 2 buys, 9 sales |