Kimball Electronics, Inc.
KE Industrials Electrical Equipment & Parts
Kimball Electronics, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $1.4 billion, down 3.72% from fiscal 2025. In the quarter to June 2026, revenue fell 2.34%, EPS grew 29.6%, free cash flow fell 50.5% and total debt fell 21.0%, each against the same quarter a year earlier.
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Kimball Electronics, Inc. (KE) Altman Z-score
Kimball Electronics, Inc.'s Altman Z-score for fiscal 2026 is 3.11, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 3.11 | 0.17 |
| FY2025 | 2.94 | 0.06 |
| FY2024 | 2.88 | (0.12) |
| FY2023 | 3.00 | 0.28 |
| FY2022 | 2.72 | (0.78) |
| FY2021 | 3.51 | 0.59 |
| FY2020 | 2.92 | (0.13) |
| FY2019 | 3.05 | (0.73) |
| FY2018 | 3.79 | (0.16) |
| FY2017 | 3.94 | 0.37 |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.33 | — | 0.40 | |
| Retained earnings / total assets | 0.33 | — | 0.46 | |
| EBIT / total assets | 0.06 | — | 0.20 | |
| Market value of equity / total liabilities | 1.24 | — | 0.74 | |
| Sales / total assets | 1.31 | — | 1.31 | |
| Altman Z-score | Safe zone | 3.11 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 4.87 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| HYLN Hyliion Holdings Corp. compare | 14.8× |
| AMPX Amprius Technologies, Inc. compare | 9.5× |
| KE Kimball Electronics, Inc. | 3.1× |
| ENVX Enovix Corporation compare | 0.0× |
| TE T1 Energy Inc compare | −0.3× |
| FCEL FuelCell Energy, Inc. compare | −2.2× |
| ADSE ADS-TEC Energy PLC compare | −2.7× |
| EOSE Eos Energy Enterprises, Inc. compare | −3.5× |
| FAC Factorial Energy Inc. compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets