Solid Business Structure: Kennametal, through its three reporting segments, caters to the demand of its customers in end markets, including farm machinery, highway construction, machine tools, coal mining, aerospace, oil and gas exploration, automotive, and quarrying. On the other hand, earnings in fiscal 2018 were adversely impacted to the tune of 38 cents per share by higher sales incentive and management expenses, salary inflation, and overtime and temporary help costs. This industrial tool maker currently has market capitalization of approximately $3.4 billion.