Kenon Holdings Ltd. (KEN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Kenon Holdings Ltd. (KEN) stock price & volume — 10-year historical chart
Kenon Holdings Ltd. (KEN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Kenon Holdings Ltd. (KEN) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 30, 2026 | $0.47 | $228M |
| Q4 2025 | Dec 3, 2025 | $0.45 | $265M |
| Q3 2025 | Aug 28, 2025 | $0.10 | $196M |
| Q2 2025 | May 28, 2025 | $0.22 | $183M |
Kenon Holdings Ltd. (KEN) competitors in Merchant and Diversified Power Producers — business model, growth, and fundamentals comparison
Kenon Holdings Ltd. (KEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Kenon Holdings Ltd. (KEN) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.87B | 366M | 364.01M | 373.47M | 386M | 487.76M | 574M | 691.8M | 751.3M | 775.3M |
| Revenue Growth % | 45.38% | -80.47% | -0.54% | 2.6% | 3.35% | 26.36% | 17.68% | 20.52% | 8.6% | 5.51% |
| Cost of Revenue | 1.52B | 298M | 289.32M | 287.18M | 315M | 389.41M | 474M | 572.34M | 607.52M | 642.52M |
| Gross Profit | 355M▲ 0% | 68M▼ 80.8% | 74.69M▲ 9.8% | 86.3M▲ 15.5% | 71M▼ 17.7% | 98.35M▲ 38.5% | 100M▲ 1.7% | 119.46M▲ 19.5% | 143.79M▲ 20.4% | 132.79M▲ 0% |
| Gross Margin % | 18.94% | 18.58% | 20.52% | 23.11% | 18.39% | 20.16% | 17.42% | 17.27% | 19.14% | 17.13% |
| Gross Profit Growth % | 12.59% | -80.85% | 9.84% | 15.54% | -17.72% | 38.52% | 1.68% | 19.46% | 20.37% | - |
| Operating Expenses | 282M | 56M | -27.92M | 25.29M | 48M | 75.06M | 97M | 76.9M | 96.28M | 94.28M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 179.29M | 72.79M | 133.02M | 74.66M | 232.17M | 1.25B | 1.23B | 133.5M | 140.94M | 121.94M |
| EBITDA Margin % | 9.57% | 19.89% | 36.54% | 19.99% | 60.15% | 255.26% | 214.09% | 19.3% | 18.76% | 15.73% |
| EBITDA Growth % | -68.87% | -59.4% | 82.74% | -43.87% | 210.97% | 436.28% | -1.3% | -89.14% | 5.57% | -22.67% |
| Depreciation & Amortization | 27.29M | 30.79M | 30.42M | 32.09M | 34.17M | 57.64M | 62.88M | 90.94M | 93.44M | 83.44M |
| D&A / Revenue % | 1.46% | 8.41% | 8.36% | 8.59% | 8.85% | 11.82% | 10.95% | 13.15% | 12.44% | 10.76% |
| Operating Income (EBIT) | 152M▲ 0% | 42M▼ 72.4% | 102.61M▲ 144.3% | 42.57M▼ 58.5% | 198M▲ 365.1% | 1.19B▲ 499.7% | 1.17B▼ 1.8% | 42.56M▼ 96.3% | 47.51M▲ 11.6% | 38.51M▲ 0% |
| Operating Margin % | 8.11% | 11.48% | 28.19% | 11.4% | 51.3% | 243.45% | 203.14% | 6.15% | 6.32% | 4.97% |
| Operating Income Growth % | -66.66% | -72.37% | 144.3% | -58.51% | 365.13% | 499.72% | -1.81% | -96.35% | 11.61% | - |
| Interest Expense | 47.28M | 69M | 30.38M | 23.22M | 37.66M | 136.12M | 47.54M | 64.13M | 92.03M | 4M |
| Interest Coverage | 3.22x | 0.61x | 3.38x | 1.83x | 5.26x | 8.72x | 24.53x | 0.66x | 0.52x | - |
| Interest / Revenue % | 2.52% | 18.85% | 8.35% | 6.22% | 9.76% | 27.91% | 8.28% | 9.27% | 12.25% | 0.52% |
| Non-Operating Income | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 2M |
| Pretax Income | -335M▲ 0% | -136M▲ 59.4% | 461.97M▲ 439.7% | -5.54M▼ 101.2% | 501M▲ 9149.9% | 879.64M▲ 75.6% | 388M▼ 55.9% | -185.75M▼ 147.9% | 93.32M▲ 150.2% | 11.32M▲ 0% |
| Pretax Margin % | -17.88% | -37.16% | 126.91% | -1.48% | 129.79% | 180.34% | 67.6% | -26.85% | 12.42% | 1.46% |
| Income Tax | 59M | 73M | 11.5M | 16.68M | 5M | 4.33M | 38M | 25.2M | 40.55M | 42.55M |
| Effective Tax Rate % | -17.61% | -53.68% | 2.49% | -301.21% | 1% | 0.49% | 9.79% | -13.57% | 43.45% | 375.77% |
| Net Income | -412M▲ 0% | 237M▲ 157.5% | 434.21M▲ 83.2% | -22.21M▼ 105.1% | 507.11M▲ 2383.1% | 930.27M▲ 83.4% | 312.65M▼ 66.4% | -235.98M▼ 175.5% | 597.67M▲ 353.3% | 494.67M▲ 0% |
| Net Margin % | -21.99% | 64.75% | 119.29% | -5.95% | 131.37% | 190.72% | 54.47% | -34.11% | 79.55% | 63.8% |
| Net Income Growth % | -664.45% | 157.52% | 83.21% | -105.12% | 2383.13% | 83.45% | -66.39% | -175.48% | 353.27% | 734.38% |
| EPS (Diluted) | -7.67▲ 0% | 4.40▲ 157.4% | 8.07▲ 83.4% | -0.41▼ 105.1% | 9.41▲ 2395.1% | 17.27▲ 83.5% | 5.80▼ 66.4% | -4.42▼ 176.2% | 11.34▲ 356.6% | 9.89▲ 0% |
| EPS Growth % | -663.97% | 157.37% | 83.41% | -105.08% | 2395.12% | 83.53% | -66.42% | -176.21% | 356.56% | 774.82% |
| EPS (Basic) | -7.67 | 4.40 | 8.07 | -0.41 | 9.41 | 17.27 | 5.80 | -4.42 | 11.34 | - |
| Diluted Shares Outstanding | 53.72M | 53.86M | 53.83M | 53.86M | 53.87M | 53.88M | 53.88M | 53.36M | 52.71M | 50M |
Kenon Holdings Ltd. (KEN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 5.14B | 2.53B | 1.46B | 1.51B | 2.48B | 4.07B | 3.77B | 4.11B | 4.21B | 4.34B |
| Asset Growth % | 14.62% | -50.84% | -42.39% | 3.66% | 64.55% | 63.93% | -7.29% | 8.92% | 2.55% | 19.79% |
| PP&E (Net) | 3.5B | 616M | 635.09M | 684.76M | 905M | 1.22B | 1.32B | 1.89B | 1.33B | 1.43B |
| PP&E / Total Assets % | 68.06% | 24.39% | 43.65% | 45.4% | 36.46% | 30.08% | 35.05% | 45.99% | 31.61% | 33.03% |
| Total Current Assets | 854M | 1.5B | 327.71M | 329.54M | 920M | 581.59M | 1.06B | 1.1B | 1.26B | 1.18B |
| Cash & Equivalents | 327M | 1.42B | 131.12M | 147.15M | 286M | 474.54M | 535M | 696.84M | 1.02B | 915M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 92M | 0 | 97.32M | 0 | 564M | 1.71M | 1.93M | 532K | 0 | 0 |
| Other Current Assets | 236.33M | 41.24M | 131.42M | 91.05M | 369.5M | 4.9M | 18.92M | 19.16M | 1.55M | 30M |
| Long-Term Investments | 208M | 122M | 161.19M | 197.07M | 604M | 1.9B | 1.08B | 703.16M | 1.46B | 5.26B |
| Goodwill | 96.09M | 459K | 335K | 131K | 141K | 118.76M | 117.16M | 192.28M | 60.58M | 0 |
| Intangible Assets | 280.68M | 1.18M | 971K | 1.1M | 1.31M | 105.53M | 103.64M | 129M | 11.23M | 79M |
| Other Assets | 177M | 76.46M | 329.19M | 294.25M | 45M | 90.37M | 82M | 82.76M | 85.72M | 73M |
| Total Liabilities | 4.24B | 1.48B | 739.4M | 796.59M | 1.21B | 1.79B | 1.48B | 2.04B | 1.55B | 1.74B |
| Total Debt | 3.31B | 1.04B | 586.47M | 628.25M | 937M | 1.24B | 1.2B | 1.59B | 1.28B | 1.42B |
| Net Debt | 2.99B | -380M | 455.35M | 481.1M | 651M | 769.51M | 664M | 894.7M | 264.29M | 500M |
| Long-Term Debt | 2.83B | 588.54M | 563.24M | 576.65M | 871.83M | 1.17B | 1.12B | 1.36B | 1.18B | 1.3B |
| Short-Term Borrowings | 482.81M | 447.96M | 23.23M | 45.6M | 46.47M | 38.31M | 39.26M | 169.63M | 84.52M | 101M |
| Capital Lease Obligations | 6.98M | 0 | 0 | 6M | 18M | 33.94M | 37M | 61.51M | 13.04M | 97.04M |
| Total Current Liabilities | 1.04B | 806M | 89.92M | 105M | 228M | 447.29M | 193M | 358.8M | 182.84M | 273M |
| Accounts Payable | 264.72M | 36.99M | 25.08M | 36.01M | 92.54M | 136.5M | 95.04M | 70.66M | 58.29M | 169M |
| Accrued Expenses | 67.49M | 38.22M | 33.49M | 14.07M | 33.27M | 30.78M | 31.88M | 14.57M | 11.04M | 11.04M |
| Deferred Revenue | 944K | 298.49M | 6.94M | 28.55M | 7M | 244.79M | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 181.73M | 283.15M | 8.12M | 8.46M | 41.57M | 222.7M | 9.33M | 98.97M | 17.67M | 0 |
| Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 585.71M |
| Other Liabilities | 62.68M | 26.89M | 27.18M | 30.23M | 102.11M | 154.35M | 139.2M | 125.88M | 31.54M | 6M |
| Total Equity | 894M▲ 0% | 1.05B▲ 17.6% | 715.72M▼ 31.9% | 711.79M▼ 0.5% | 1.28B▲ 79.3% | 2.28B▲ 78.7% | 2.3B▲ 0.7% | 2.07B▼ 9.8% | 2.66B▲ 28.5% | 2.6B▲ 0% |
| Equity Growth % | -29.25% | 17.56% | -31.9% | -0.55% | 79.27% | 78.71% | 0.69% | -9.83% | 28.47% | 105.76% |
| Shareholders Equity | 681M | 983M | 649.02M | 623.35M | 1.07B | 1.79B | 1.6B | 1.2B | 1.61B | 1.39B |
| Minority Interest | 213M | 68M | 66.69M | 88.44M | 209M | 486.6M | 698M | 866.91M | 1.05B | 1.21B |
| Common Stock | 1.27B | 1.27B | 602.45M | 602.45M | 602M | 602.45M | 50M | 50.13M | 50.13M | 50M |
| Additional Paid-in Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -603M | -305M | 28.92M | -10.95M | 460M | 1.14B | 1.5B | 1.09B | 1.49B | 1.26B |
| Accumulated OCI | 17M | 21M | 17.66M | 31.85M | 5M | 51.46M | 43M | 66.13M | 66.57M | 74M |
| Return on Assets (ROA) | -8.56% | 6.18% | 21.81% | -1.5% | 25.42% | 28.4% | 7.98% | -5.99% | 14.36% | 11.41% |
| Return on Equity (ROE) | -38.19% | 24.37% | 49.15% | -3.11% | 51.02% | 52.32% | 13.66% | -10.81% | 25.27% | 19.06% |
| Debt / Equity | 3.71x | 0.99x | 0.82x | 0.88x | 0.73x | 0.55x | 0.52x | 0.77x | 0.48x | 0.48x |
| Debt / Assets | 64.48% | 41.05% | 40.3% | 41.65% | 37.75% | 30.58% | 31.79% | 38.74% | 30.38% | 32.63% |
| Net Debt / EBITDA | 16.65x | -5.22x | 3.42x | 6.44x | 2.80x | 0.62x | 0.54x | 6.70x | 1.88x | 1.88x |
| Book Value per Share | 16.64 | 19.51 | 13.3 | 13.22 | 23.69 | 42.32 | 42.61 | 38.8 | 50.45 | 51.92 |
Kenon Holdings Ltd. (KEN) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 162M | 392M | 52.38M | 85.39M | 92M | 240.53M | 771M | 276.79M | 265.08M | 265.08M |
| Operating CF Growth % | -44.17% | 141.98% | -86.64% | 63.02% | 7.74% | 161.44% | 220.54% | -64.1% | -4.23% | 1420.94% |
| Operating CF / Revenue % | 8.64% | 107.1% | 14.39% | 22.86% | 23.83% | 49.31% | 134.32% | 40.01% | 35.28% | 34.19% |
| Net Income | -394M | 269M | 444.84M | 2.44M | 504M | 875.32M | 350M | -235.98M | 634.09M | 494.67M |
| Depreciation & Amortization | 172M | 178M | 30.42M | 32.09M | 34M | 57.64M | 63M | 90.94M | 93.44M | 83.44M |
| Deferred Taxes | 59M | 278M | 16.24M | 22.02M | 7M | 4.33M | 38M | 25.2M | 40.55M | 42.55M |
| Other Non-Cash Items | 452M | 294M | -414.81M | 28.92M | -489M | -713.52M | 340M | 410.62M | -500.42M | -420.42M |
| Working Capital Changes | -128M | -628M | -26.12M | -1.63M | 35M | -1.6M | -40M | -12.45M | -12.27M | -14.27M |
| Capital Expenditures | -290M | 585M | -113.38M | -34.4M | -222M | -232.69M | -270M | -332.12M | -340.67M | -37.15M |
| CapEx / Revenue % | 15.47% | 159.84% | 31.15% | 9.21% | 57.51% | 47.7% | 47.04% | 48.01% | 45.34% | 4.79% |
| CapEx / D&A | 1.69x | 3.29x | 3.73x | 1.07x | 6.53x | 4.04x | 4.29x | 3.65x | 3.65x | 0.45x |
| CapEx Coverage (OCF/CapEx) | 0.56x | 0.67x | 0.46x | 2.48x | 0.41x | 1.03x | 2.86x | 0.83x | 0.78x | 7.14x |
| Cash from Investing | -400M | 585M | -113.38M | -4.98M | -222M | -205.45M | -203M | -432.24M | 135.85M | 7.85M |
| Acquisitions | -317M | 803M | 120.84M | 880K | 206M | -553.92M | 461M | -327.11M | 338.16M | -1000K |
| Purchase of Investments | -4M | 2M | -13.56M | -4.07M | -4M | -5.63M | -670M | -50M | -2.21M | -1.21M |
| Sale of Investments | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 4M |
| Other Investing | 194M | 13M | -169.72M | 30.39M | -351M | 519.7M | -47M | 51.23M | 56.67M | 45.4M |
| Cash from Financing | 174.56M | 97.12M | -1.22B | -73.65M | 256M | 146.58M | -494M | 324.58M | -84.08M | 50.91M |
| Dividends Paid | -743K | -382K | -764.78M | -65.17M | -120.11M | -100.21M | -740.92M | -150.36M | -200.55M | -252.55M |
| Dividend Payout Ratio % | - | - | 176.13% | - | 23.69% | 10.77% | 236.98% | - | 33.56% | - |
| Debt Issuance (Net) | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 0 |
| Stock Issued | 9.47M | 100.48M | 0 | 76.4M | 217M | 142.33M | 193.15M | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -664.7M | 0 | 329M | 0 | -193.15M | -28.13M | -10.71M | -18.71M |
| Other Financing | -183.94M | -309.39M | -33.75M | -56.78M | 163.55M | 202.93M | 200.68M | 236.71M | 129.14M | 97.14M |
| Net Change in Cash | -57M▲ 0% | 1.09B▲ 2012.3% | -1.29B▼ 218.0% | 16.03M▲ 101.2% | 139M▲ 767.1% | 188.36M▲ 35.5% | 60M▼ 68.1% | 161.67M▲ 169.4% | 319.01M▲ 97.3% | 328.85M▲ 0% |
| Exchange Rate Effect | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 2M |
| Cash at Beginning | 384M | 327M | 1.42B | 131.12M | 147M | 286.18M | 475M | 535.17M | 696.84M | 987M |
| Cash at End | 327M | 1.42B | 131.12M | 147.15M | 286M | 474.54M | 535M | 696.84M | 1.02B | 915M |
| Free Cash Flow | -128M▲ 0% | 977M▲ 863.3% | -61M▼ 106.2% | 50.99M▲ 183.6% | -130M▼ 355.0% | 7.84M▲ 106.0% | 501M▲ 6288.7% | -55.33M▼ 111.0% | -75.59M▼ 36.6% | 221.93M▲ 0% |
| FCF Growth % | 47.22% | 863.28% | -106.24% | 183.58% | -354.95% | 106.03% | 6288.68% | -111.04% | -36.61% | 230.94% |
| FCF Margin % | -6.83% | 266.94% | -16.76% | 13.65% | -33.68% | 1.61% | 87.28% | -8% | -10.06% | 28.63% |
| FCF / Net Income % | 31.07% | 412.24% | -14.05% | -229.57% | -25.64% | 0.84% | 160.24% | 23.45% | -12.65% | 44.86% |
Kenon Holdings Ltd. (KEN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -38.19% | 24.37% | 49.15% | -3.11% | 51.02% | 52.32% | 13.66% | -10.81% | 25.27% | 19.06% |
| EBITDA Margin | 9.57% | 19.89% | 36.54% | 19.99% | 60.15% | 255.26% | 214.09% | 19.3% | 18.76% | 15.73% |
| Net Debt / EBITDA | 16.65x | -5.22x | 3.42x | 6.44x | 2.80x | 0.62x | 0.54x | 6.70x | 1.88x | 1.88x |
| Interest Coverage | 3.22x | 0.61x | 3.38x | 1.83x | 5.26x | 8.72x | 24.53x | 0.66x | 0.52x | - |
| CapEx / Revenue | 15.47% | 159.84% | 31.15% | 9.21% | 57.51% | 47.7% | 47.04% | 48.01% | 45.34% | 4.79% |
| Dividend Payout Ratio | - | - | 176.13% | - | 23.69% | 10.77% | 236.98% | - | 33.56% | 51.05% |
| Debt / Equity | 3.71x | 0.99x | 0.82x | 0.88x | 0.73x | 0.55x | 0.52x | 0.77x | 0.48x | 0.48x |
| EPS Growth | -663.97% | 157.37% | 83.41% | -105.08% | 2395.12% | 83.53% | -66.42% | -176.21% | 356.56% | 774.82% |
Kenon Holdings Ltd. (KEN) stock FAQ — growth, dividends, profitability & financials explained
Kenon Holdings Ltd. (KEN) reported $775.3M in revenue for fiscal year 2024. This represents a 34% increase from $577.3M in 2012.
Kenon Holdings Ltd. (KEN) grew revenue by 8.6% over the past year. This is steady growth.
Yes, Kenon Holdings Ltd. (KEN) is profitable, generating $494.7M in net income for fiscal year 2024 (79.6% net margin).
Yes, Kenon Holdings Ltd. (KEN) pays a dividend with a yield of 4.39%. This makes it attractive for income-focused investors.
Kenon Holdings Ltd. (KEN) has a return on equity (ROE) of 25.3%. This is excellent, indicating efficient use of shareholder capital.
Kenon Holdings Ltd. (KEN) generated $221.9M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Kenon Holdings Ltd. (KEN) has a dividend payout ratio of 34%. This suggests the dividend is well-covered and sustainable.
Kenon Holdings Ltd. (KEN) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates