Kennametal Inc. (KMT) vs Lincoln Electric Holdings, Inc. (LECO)
Kennametal Inc. and Lincoln Electric Holdings, Inc. are both Tools & Accessories companies. Lincoln Electric Holdings, Inc. is the larger, with a market value of $14.5B against $2.3B — 6.3× the size. Kennametal Inc. trades at the lower P/E: 6.9× against 26.9×. Kennametal Inc. grew revenue faster over the last twelve months: 19.8% against 9.32%. Kennametal Inc. has the higher net margin (14.5% vs 12.4%) and the lower return on invested capital (13.2% vs 19.5%). Both pay a dividend; Kennametal Inc. yields more (3.36% vs 1.12%). Across the 22 metrics below, Kennametal Inc. leads on 16 and Lincoln Electric Holdings, Inc. on 6.
Valuation
Profitability
| Metric | KMT | LECO | Tools & Accessories median |
|---|---|---|---|
| Gross margin | 41.16% | 35.96% | 33.41% |
| Operating margin | 20.05% | 17.13% | 10.31% |
| Net margin | 14.53% | 12.35% | 5.43% |
| Free cash flow margin | (3.36%) | 12.18% | 8.16% |
| Return on equity | 23.31% | 37.74% | 7.80% |
| Return on assets | 11.99% | 14.68% | 3.79% |
| Return on invested capital | 13.21% | 19.49% | 6.23% |
Growth
Health
Dividend
Size
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