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Side-by-side financial comparison of ESCO TECHNOLOGIES INC (ESE) and KENNAMETAL INC (KMT). Click either name above to swap in a different company.
KENNAMETAL INC is the larger business by last-quarter revenue ($592.6M vs $289.7M, roughly 2.0× ESCO TECHNOLOGIES INC). KENNAMETAL INC runs the higher net margin — 10.3% vs 9.9%, a 0.4% gap on every dollar of revenue. On growth, KENNAMETAL INC posted the faster year-over-year revenue change (21.8% vs 17.3%). Over the past eight quarters, ESCO TECHNOLOGIES INC's revenue compounded faster (7.8% CAGR vs 4.4%).
Esco is a Singaporean brand that develops, manufactures, and sells products and services for laboratories.
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.
ESE vs KMT — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $289.7M | $592.6M |
| Net Profit | $28.7M | $61.1M |
| Gross Margin | 41.4% | 35.1% |
| Operating Margin | 13.2% | 13.4% |
| Net Margin | 9.9% | 10.3% |
| Revenue YoY | 17.3% | 21.8% |
| Net Profit YoY | 22.2% | 85.0% |
| EPS (diluted) | $1.11 | $0.75 |
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.
| Q1 26 | — | $592.6M | ||
| Q4 25 | $289.7M | $529.5M | ||
| Q3 25 | $286.5M | $498.0M | ||
| Q2 25 | $296.3M | $516.4M | ||
| Q1 25 | $265.5M | $486.4M | ||
| Q4 24 | $247.0M | $482.1M | ||
| Q3 24 | $298.5M | $481.9M | ||
| Q2 24 | $260.8M | $543.3M |
| Q1 26 | — | $61.1M | ||
| Q4 25 | $28.7M | $33.9M | ||
| Q3 25 | $218.7M | $23.3M | ||
| Q2 25 | $26.1M | $21.6M | ||
| Q1 25 | $31.0M | $31.5M | ||
| Q4 24 | $23.5M | $17.9M | ||
| Q3 24 | $34.3M | $22.1M | ||
| Q2 24 | $29.2M | $37.2M |
| Q1 26 | — | 35.1% | ||
| Q4 25 | 41.4% | 32.8% | ||
| Q3 25 | 45.9% | 31.0% | ||
| Q2 25 | 41.2% | 28.2% | ||
| Q1 25 | 41.1% | 32.1% | ||
| Q4 24 | 39.8% | 30.1% | ||
| Q3 24 | 40.1% | 31.3% | ||
| Q2 24 | 39.6% | 31.5% |
| Q1 26 | — | 13.4% | ||
| Q4 25 | 13.2% | 9.9% | ||
| Q3 25 | 17.2% | 7.5% | ||
| Q2 25 | 11.2% | 6.1% | ||
| Q1 25 | 15.3% | 9.1% | ||
| Q4 24 | 11.4% | 6.6% | ||
| Q3 24 | 14.8% | 7.5% | ||
| Q2 24 | 14.3% | 11.3% |
| Q1 26 | — | 10.3% | ||
| Q4 25 | 9.9% | 6.4% | ||
| Q3 25 | 76.3% | 4.7% | ||
| Q2 25 | 8.8% | 4.2% | ||
| Q1 25 | 11.7% | 6.5% | ||
| Q4 24 | 9.5% | 3.7% | ||
| Q3 24 | 11.5% | 4.6% | ||
| Q2 24 | 11.2% | 6.8% |
| Q1 26 | — | $0.75 | ||
| Q4 25 | $1.11 | $0.44 | ||
| Q3 25 | $8.43 | $0.30 | ||
| Q2 25 | $1.01 | $0.28 | ||
| Q1 25 | $1.20 | $0.41 | ||
| Q4 24 | $0.91 | $0.23 | ||
| Q3 24 | $1.32 | $0.28 | ||
| Q2 24 | $1.13 | $0.47 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $103.8M | $106.8M |
| Total DebtLower is stronger | $145.5M | $597.4M |
| Stockholders' EquityBook value | $1.6B | — |
| Total Assets | $2.4B | $2.7B |
| Debt / EquityLower = less leverage | 0.09× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $106.8M | ||
| Q4 25 | $103.8M | $129.3M | ||
| Q3 25 | $101.3M | $103.5M | ||
| Q2 25 | $78.7M | $140.5M | ||
| Q1 25 | $57.4M | $97.5M | ||
| Q4 24 | $71.3M | $121.2M | ||
| Q3 24 | $66.0M | $119.6M | ||
| Q2 24 | $63.0M | $128.0M |
| Q1 26 | — | $597.4M | ||
| Q4 25 | $145.5M | $597.2M | ||
| Q3 25 | $186.0M | $597.0M | ||
| Q2 25 | $525.0M | $596.8M | ||
| Q1 25 | $88.0M | $596.6M | ||
| Q4 24 | $112.0M | $596.4M | ||
| Q3 24 | $122.0M | $596.2M | ||
| Q2 24 | $173.0M | $596.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $1.3B | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.3B | $1.3B | ||
| Q1 25 | $1.3B | $1.2B | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.2B | $1.2B |
| Q1 26 | — | $2.7B | ||
| Q4 25 | $2.4B | $2.6B | ||
| Q3 25 | $2.4B | $2.5B | ||
| Q2 25 | $2.5B | $2.5B | ||
| Q1 25 | $1.8B | $2.5B | ||
| Q4 24 | $1.8B | $2.4B | ||
| Q3 24 | $1.8B | $2.5B | ||
| Q2 24 | $1.8B | $2.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.09× | 0.45× | ||
| Q3 25 | 0.12× | 0.46× | ||
| Q2 25 | 0.40× | 0.46× | ||
| Q1 25 | 0.07× | 0.48× | ||
| Q4 24 | 0.09× | 0.49× | ||
| Q3 24 | 0.10× | 0.47× | ||
| Q2 24 | 0.14× | 0.48× |
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 | $68.9M | — |
| Free Cash FlowOCF − Capex | $63.0M | — |
| FCF MarginFCF / Revenue | 21.7% | — |
| Capex IntensityCapex / Revenue | 2.0% | — |
| Cash ConversionOCF / Net Profit | 2.40× | — |
| TTM Free Cash FlowTrailing 4 quarters | $239.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $68.9M | $55.1M | ||
| Q3 25 | $109.9M | $17.5M | ||
| Q2 25 | $73.7M | $78.6M | ||
| Q1 25 | $24.1M | $28.8M | ||
| Q4 24 | $34.2M | $55.2M | ||
| Q3 24 | $72.1M | $45.7M | ||
| Q2 24 | $36.2M | $113.6M |
| Q1 26 | — | — | ||
| Q4 25 | $63.0M | $42.4M | ||
| Q3 25 | $97.8M | $-5.5M | ||
| Q2 25 | $64.9M | $57.1M | ||
| Q1 25 | $14.0M | $5.3M | ||
| Q4 24 | $29.0M | $35.9M | ||
| Q3 24 | $60.9M | $21.0M | ||
| Q2 24 | $27.6M | $90.3M |
| Q1 26 | — | — | ||
| Q4 25 | 21.7% | 8.0% | ||
| Q3 25 | 34.1% | -1.1% | ||
| Q2 25 | 21.9% | 11.1% | ||
| Q1 25 | 5.3% | 1.1% | ||
| Q4 24 | 11.7% | 7.5% | ||
| Q3 24 | 20.4% | 4.4% | ||
| Q2 24 | 10.6% | 16.6% |
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 2.4% | ||
| Q3 25 | 4.2% | 4.6% | ||
| Q2 25 | 3.0% | 4.2% | ||
| Q1 25 | 3.8% | 4.8% | ||
| Q4 24 | 2.1% | 4.0% | ||
| Q3 24 | 3.8% | 5.1% | ||
| Q2 24 | 3.3% | 4.3% |
| Q1 26 | — | — | ||
| Q4 25 | 2.40× | 1.63× | ||
| Q3 25 | 0.50× | 0.75× | ||
| Q2 25 | 2.83× | 3.64× | ||
| Q1 25 | 0.78× | 0.92× | ||
| Q4 24 | 1.46× | 3.08× | ||
| Q3 24 | 2.10× | 2.07× | ||
| Q2 24 | 1.24× | 3.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESE
| US Government | $98.0M | 34% |
| Utility Solutions Group | $87.5M | 30% |
| RF Shielding And Test | $58.3M | 20% |
| Commercial | $45.8M | 16% |
| Related Party | $1.3M | 0% |
KMT
| Americas | $298.3M | 50% |
| EMEA | $174.0M | 29% |
| Asia Pacific | $120.3M | 20% |
