Flagship explainer

What drives KENNAMETAL INC’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity7%Tax burden71%net income ÷ pretax incomeInterest burden92%pretax ÷ operating incomeOperating margin7%operating income ÷ revenueAsset turnover0.78×revenue ÷ average assetsEquity multiplier1.99×average assets ÷ average equityAs of 2025-06-30 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$93.1MFY2025
Income before tax$132MFY2025
Operating income$143MFY2025
$2.0BFY2025
Ending assets$2.5BFY2025
Beginning assets$2.5BFY2024
$1.3BFY2025
$1.2BFY2024
Source: · event Jun 30, 2025 · retrieved Jul 26, 2026 · annual-row source set
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KMT dupont explainer — Buy Like Buffett · Buy Like Buffett