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Side-by-side financial comparison of CALERES INC (CAL) and KENNAMETAL INC (KMT). Click either name above to swap in a different company.
CALERES INC is the larger business by last-quarter revenue ($790.1M vs $529.5M, roughly 1.5× KENNAMETAL INC). KENNAMETAL INC runs the higher net margin — 6.4% vs 0.3%, a 6.1% gap on every dollar of revenue. On growth, KENNAMETAL INC posted the faster year-over-year revenue change (9.8% vs 6.6%). KENNAMETAL INC produced more free cash flow last quarter ($42.4M vs $-12.4M). Over the past eight quarters, CALERES INC's revenue compounded faster (6.5% CAGR vs 1.3%).
Caleres Inc. is an American footwear company that owns and operates a variety of footwear brands. Its headquarters is located in Clayton, Missouri, a suburb of St. Louis. The company was founded in 1878 as Bryan, Brown & Company in St. Louis, though it underwent several name changes. The Hamilton-Brown Shoe Company was the largest manufacturer of shoes in America in the early 20th century, but it went bankrupt in June 1939.
Kennametal, Inc. is a manufacturer of high-performance cutting tools and engineered components used in the aerospace, defense, transportation and oil and gas drilling industries. Its customer base is global.
CAL vs KMT — Head-to-Head
Income Statement — Q3 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $790.1M | $529.5M |
| Net Profit | $2.4M | $33.9M |
| Gross Margin | 41.8% | 32.8% |
| Operating Margin | 1.5% | 9.9% |
| Net Margin | 0.3% | 6.4% |
| Revenue YoY | 6.6% | 9.8% |
| Net Profit YoY | -94.2% | 89.0% |
| EPS (diluted) | $0.07 | $0.44 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $790.1M | $529.5M | ||
| Q3 25 | $658.5M | $498.0M | ||
| Q2 25 | $614.2M | $516.4M | ||
| Q1 25 | $639.2M | $486.4M | ||
| Q4 24 | $740.9M | $482.1M | ||
| Q3 24 | $683.3M | $481.9M | ||
| Q2 24 | $659.2M | $543.3M | ||
| Q1 24 | $697.1M | $515.8M |
| Q4 25 | $2.4M | $33.9M | ||
| Q3 25 | $6.7M | $23.3M | ||
| Q2 25 | $6.9M | $21.6M | ||
| Q1 25 | $4.9M | $31.5M | ||
| Q4 24 | $41.4M | $17.9M | ||
| Q3 24 | $30.0M | $22.1M | ||
| Q2 24 | $30.9M | $37.2M | ||
| Q1 24 | $55.7M | $19.0M |
| Q4 25 | 41.8% | 32.8% | ||
| Q3 25 | 43.4% | 31.0% | ||
| Q2 25 | 45.4% | 28.2% | ||
| Q1 25 | 43.0% | 32.1% | ||
| Q4 24 | 44.1% | 30.1% | ||
| Q3 24 | 45.5% | 31.3% | ||
| Q2 24 | 46.9% | 31.5% | ||
| Q1 24 | 43.9% | 29.7% |
| Q4 25 | 1.5% | 9.9% | ||
| Q3 25 | 1.4% | 7.5% | ||
| Q2 25 | 1.9% | 6.1% | ||
| Q1 25 | 1.2% | 9.1% | ||
| Q4 24 | 7.7% | 6.6% | ||
| Q3 24 | 6.2% | 7.5% | ||
| Q2 24 | 6.5% | 11.3% | ||
| Q1 24 | 4.4% | 6.8% |
| Q4 25 | 0.3% | 6.4% | ||
| Q3 25 | 1.0% | 4.7% | ||
| Q2 25 | 1.1% | 4.2% | ||
| Q1 25 | 0.8% | 6.5% | ||
| Q4 24 | 5.6% | 3.7% | ||
| Q3 24 | 4.4% | 4.6% | ||
| Q2 24 | 4.7% | 6.8% | ||
| Q1 24 | 8.0% | 3.7% |
| Q4 25 | $0.07 | $0.44 | ||
| Q3 25 | $0.20 | $0.30 | ||
| Q2 25 | $0.21 | $0.28 | ||
| Q1 25 | $0.17 | $0.41 | ||
| Q4 24 | $1.19 | $0.23 | ||
| Q3 24 | $0.85 | $0.28 | ||
| Q2 24 | $0.88 | $0.47 | ||
| Q1 24 | $1.56 | $0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.0M | $129.3M |
| Total DebtLower is stronger | — | $597.2M |
| Stockholders' EquityBook value | $616.8M | $1.3B |
| Total Assets | $2.1B | $2.6B |
| Debt / EquityLower = less leverage | — | 0.45× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.0M | $129.3M | ||
| Q3 25 | $191.5M | $103.5M | ||
| Q2 25 | $33.1M | $140.5M | ||
| Q1 25 | $29.6M | $97.5M | ||
| Q4 24 | $33.7M | $121.2M | ||
| Q3 24 | $51.8M | $119.6M | ||
| Q2 24 | $30.7M | $128.0M | ||
| Q1 24 | $21.4M | $92.1M |
| Q4 25 | — | $597.2M | ||
| Q3 25 | — | $597.0M | ||
| Q2 25 | — | $596.8M | ||
| Q1 25 | — | $596.6M | ||
| Q4 24 | — | $596.4M | ||
| Q3 24 | — | $596.2M | ||
| Q2 24 | — | $596.0M | ||
| Q1 24 | — | $595.8M |
| Q4 25 | $616.8M | $1.3B | ||
| Q3 25 | $613.3M | $1.3B | ||
| Q2 25 | $605.2M | $1.3B | ||
| Q1 25 | $599.0M | $1.2B | ||
| Q4 24 | $598.3M | $1.2B | ||
| Q3 24 | $606.1M | $1.3B | ||
| Q2 24 | $570.3M | $1.2B | ||
| Q1 24 | $560.6M | $1.3B |
| Q4 25 | $2.1B | $2.6B | ||
| Q3 25 | $2.2B | $2.5B | ||
| Q2 25 | $1.9B | $2.5B | ||
| Q1 25 | $1.9B | $2.5B | ||
| Q4 24 | $2.0B | $2.4B | ||
| Q3 24 | $2.0B | $2.5B | ||
| Q2 24 | $1.9B | $2.5B | ||
| Q1 24 | $1.8B | $2.5B |
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.46× | ||
| Q2 25 | — | 0.46× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | — | 0.49× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.48× | ||
| Q1 24 | — | 0.47× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.2M | $55.1M |
| Free Cash FlowOCF − Capex | $-12.4M | $42.4M |
| FCF MarginFCF / Revenue | -1.6% | 8.0% |
| Capex IntensityCapex / Revenue | 1.4% | 2.4% |
| Cash ConversionOCF / Net Profit | -0.50× | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | $14.4M | $99.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2M | $55.1M | ||
| Q3 25 | $47.3M | $17.5M | ||
| Q2 25 | $-5.7M | $78.6M | ||
| Q1 25 | $28.7M | $28.8M | ||
| Q4 24 | $-39.8M | $55.2M | ||
| Q3 24 | $79.6M | $45.7M | ||
| Q2 24 | $36.1M | $113.6M | ||
| Q1 24 | $43.0M | $75.2M |
| Q4 25 | $-12.4M | $42.4M | ||
| Q3 25 | $35.0M | $-5.5M | ||
| Q2 25 | $-26.2M | $57.1M | ||
| Q1 25 | $18.0M | $5.3M | ||
| Q4 24 | $-57.4M | $35.9M | ||
| Q3 24 | $68.5M | $21.0M | ||
| Q2 24 | $26.3M | $90.3M | ||
| Q1 24 | $32.4M | $48.4M |
| Q4 25 | -1.6% | 8.0% | ||
| Q3 25 | 5.3% | -1.1% | ||
| Q2 25 | -4.3% | 11.1% | ||
| Q1 25 | 2.8% | 1.1% | ||
| Q4 24 | -7.7% | 7.5% | ||
| Q3 24 | 10.0% | 4.4% | ||
| Q2 24 | 4.0% | 16.6% | ||
| Q1 24 | 4.6% | 9.4% |
| Q4 25 | 1.4% | 2.4% | ||
| Q3 25 | 1.9% | 4.6% | ||
| Q2 25 | 3.3% | 4.2% | ||
| Q1 25 | 1.7% | 4.8% | ||
| Q4 24 | 2.4% | 4.0% | ||
| Q3 24 | 1.6% | 5.1% | ||
| Q2 24 | 1.5% | 4.3% | ||
| Q1 24 | 1.5% | 5.2% |
| Q4 25 | -0.50× | 1.63× | ||
| Q3 25 | 7.05× | 0.75× | ||
| Q2 25 | -0.81× | 3.64× | ||
| Q1 25 | 5.82× | 0.92× | ||
| Q4 24 | -0.96× | 3.08× | ||
| Q3 24 | 2.66× | 2.07× | ||
| Q2 24 | 1.17× | 3.06× | ||
| Q1 24 | 0.77× | 3.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CAL
| Brand Portfolio | $383.7M | 49% |
| Landed Wholesale | $148.1M | 19% |
| Wholesale E Commerce | $75.0M | 9% |
| Ecommerce | $68.8M | 9% |
| Stuart Weitzman Brand | $45.8M | 6% |
| Landed Wholesale Ecommerce Drop Ship | $30.6M | 4% |
| First Cost Wholesale | $14.9M | 2% |
| Clt Brand Solutions | $10.2M | 1% |
| License And Royalty | $2.1M | 0% |
KMT
| Metal Cutting | $331.1M | 63% |
| Infrastructure | $198.5M | 37% |
