Analytical cutting models have recently become quite widespread due to the simplicity and rapidity of calculations as well as the stability of the solutions. This paper considers a procedure for determining the mechanical properties of machined material based on parameters for the analytical model of oblique cutting for a certain range of changes in cutting modes and inclination angles of the tool cutting edge. The model is based on the energy method of determining the main cutting process characteristics using the extreme assumptions of continuum mechanics. It is proposed to determine the parameters characterizing the mechanical properties of the processed material using the Johnson–Cook constitutive equation in two stages: preliminary determination of the constitutive equation parameters based on the results of mechanical compression specimen tests and experimental data of the oblique cutting process, and specifying the generalized values of the constitutive equation parameters using the inverse method through the finite element cutting model. The adequacy of the applied analytical cutting model is confirmed by comparing the kinetic characteristic values calculated using the analytical model of oblique cutting with the application of the specified parameters of the constitutive equation and the measured values of the kinetic characteristics. The deviation between the calculated and measured values of the cutting force components when changing the cutting depth (undeformed chip thickness) does not exceed 15%. The difference between the calculated and measured values of the cutting force components when the cutting speed is changed is about 20%.