Kyndryl Holdings, Inc. (KD) Financial Ratios
7 years of historical data (2020–2026) · Technology · Information Technology Services
EV/EBITDA
↓
-0.04
↓-101% vs avg
5yr avg: 4.68
30Y Low0.1·High6.2
P/FCF
↓
7.29
↓-53% vs avg
5yr avg: 15.65
30Y Low9.0·High22.3
P/B Ratio
↑
N/A
—
5yr avg: 3.36
30Y Low1.1·High5.6
ROE
↑
N/A
—
5yr avg: -38.5%
30Y Low-83%·High21%
Debt/EBITDA
↓
N/A
—
5yr avg: 3.67
30Y Low1.6·High4.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
KD Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Kyndryl Holdings, Inc. trades at 12.9x earnings, 43% below its 5-year average of 22.7x, sitting at the 0th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a discount of 55%. On a free-cash-flow basis, the stock trades at 7.3x P/FCF, 53% below the 5-year average of 15.7x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.5B | $3.1B | $7.5B | $5.0B | $3.3B | $2.9B | — | — |
| Enterprise Value | $-143080888 | $444M | $9.7B | $7.6B | $5.7B | $5.3B | — | — |
| P/E Ratio → | 12.94 | 15.44 | 29.90 | — | — | — | — | — |
| P/S Ratio | 0.16 | 0.20 | 0.50 | 0.31 | 0.20 | 0.16 | — | — |
| P/B Ratio | — | — | 5.64 | 4.45 | 2.29 | 1.06 | — | — |
| P/FCF | 7.29 | 9.02 | 22.28 | — | — | — | — | — |
| P/OCF | 2.62 | 3.24 | 7.97 | 10.99 | 7.37 | — | — | — |
P/E links to full P/E history page with 30-year chart
KD EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.03 | 0.64 | 0.47 | 0.34 | 0.28 | — | — |
| EV / EBITDA | -0.04 | 0.13 | 6.17 | 5.95 | 5.81 | 5.34 | — | — |
| EV / EBIT | -0.23 | 0.70 | 18.09 | — | — | — | — | — |
| EV / FCF | — | 1.31 | 28.72 | — | — | — | — | — |
KD Profitability
Margins and return-on-capital ratios measuring operating efficiency
Kyndryl Holdings, Inc. earns an operating margin of 4.2%. Operating margins have expanded from 0.6% to 4.2% over the past 3 years, signaling improving operational efficiency.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.8% | 21.8% | 20.9% | 17.8% | 14.8% | 11.3% | 11.3% | 12.8% |
| Operating Margin | 4.2% | 4.2% | 3.7% | 0.6% | -2.3% | -3.6% | -3.6% | -3.1% |
| Net Profit Margin | 1.3% | 1.3% | 1.7% | -2.1% | -8.1% | -12.3% | -12.3% | -4.7% |
Return on Capital
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| ROE | — | — | 20.5% | -26.3% | -65.0% | -83.2% | -52.9% | -15.9% |
| ROA | 3.2% | 3.2% | 2.4% | -3.1% | -11.1% | -17.4% | -18.5% | -8.0% |
| ROIC | — | — | 11.5% | 1.8% | -6.4% | -9.8% | -8.1% | -6.5% |
| ROCE | 10.4% | 10.4% | 9.1% | 1.4% | -5.0% | -7.6% | -7.8% | -7.6% |
KD Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $2.6B exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 7.1x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 2.97 | 3.69 | 2.90 | 1.66 | 1.66 | 0.23 |
| Debt / EBITDA | — | — | 2.52 | 3.26 | 4.30 | 4.62 | 4.62 | 1.57 |
| Net Debt / Equity | — | — | 1.63 | 2.31 | 1.64 | 0.86 | 0.86 | 0.22 |
| Net Debt / EBITDA | -0.77 | -0.77 | 1.38 | 2.04 | 2.43 | 2.39 | 2.39 | 1.53 |
| Debt / FCF | — | -7.71 | 6.44 | — | — | — | — | — |
| Interest Coverage | 7.13 | 7.13 | 5.35 | -0.38 | -8.05 | -28.73 | -28.73 | -6.88 |
Net cash position: cash ($2.6B) exceeds total debt ($0)
KD Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | 1.07 | 1.03 | 1.02 | 1.30 | 1.30 | 0.92 |
| Quick Ratio | — | — | 1.07 | 1.03 | 1.02 | 1.30 | 1.30 | 0.92 |
| Cash Ratio | — | — | 0.42 | 0.34 | 0.38 | 0.50 | 0.50 | 0.01 |
| Asset Turnover | — | 8.48 | 1.44 | 1.52 | 1.49 | 1.41 | 1.41 | 1.73 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | 32.60 | 36.36 | 32.65 | 44.59 | 44.59 | 32.22 |
KD Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Kyndryl Holdings, Inc. returns 16.0% to shareholders annually primarily through share buybacks. The earnings yield of 7.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.7% | 6.5% | 3.3% | — | — | — | — | — |
| FCF Yield | 13.7% | 11.1% | 4.5% | — | — | — | — | — |
| Buyback Yield | 16.0% | 13.0% | 1.8% | 0.4% | 0.7% | 0.0% | — | — |
| Total Shareholder Yield | 16.0% | 13.0% | 1.8% | 0.4% | 0.7% | 0.0% | — | — |
| Shares Outstanding | — | $234M | $239M | $229M | $227M | $224M | $224M | $224M |
Peer Comparison
Compare KD with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 KDYou | $2B | 12.9 | -0.0 | 7.3 | 21.8% | 4.2% | — | — | — |
 DXC | $1B | 86.0 | 2.8 | 1.4 | 14.8% | 2.0% | 0.5% | 3.2% | 3.0 |
 LDOS | $13B | 9.6 | 7.6 | 8.3 | 17.7% | 12.3% | 30.9% | 17.1% | 2.5 |
 SAIC | $4B | 13.3 | 10.2 | 7.5 | 12.1% | 7.2% | 23.3% | 9.9% | 4.0 |
 CSCO | $471B | 46.9 | 33.6 | 35.5 | 64.9% | 20.8% | 22.1% | 13.0% | 1.9 |
 UIS | $256M | -0.7 | 2.8 | — | 28.2% | 6.8% | — | 1668.8% | 3.5 |
 ACN | $80B | 10.7 | 6.1 | 7.4 | 31.9% | 14.7% | 25.0% | 26.8% | 0.6 |
 IBM | $234B | 22.3 | 18.7 | 20.2 | 59.5% | 15.3% | 35.2% | 9.8% | 4.4 |
 HPE | $63B | -1063.0 | 18.5 | 100.1 | 28.8% | 4.8% | 0.2% | 3.4% | 5.5 |
 CDW | $16B | 15.9 | 11.3 | 15.1 | 21.7% | 7.4% | 43.0% | 15.4% | 3.2 |
 CTSH | $21B | 9.6 | 5.0 | 8.0 | 33.7% | 16.7% | 15.2% | 18.7% | 0.4 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 7 years · Updated daily
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KD — Frequently Asked Questions
Quick answers to the most common questions about buying KD stock.
What is Kyndryl Holdings, Inc.'s P/E ratio?
Kyndryl Holdings, Inc.'s current P/E ratio is 12.9x. The historical average is 22.7x.
What is Kyndryl Holdings, Inc.'s EV/EBITDA?
Kyndryl Holdings, Inc.'s current EV/EBITDA is -0.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.7x.
Is KD stock overvalued?
Based on historical data, Kyndryl Holdings, Inc. is trading at a P/E of 12.9x. Compare with industry peers and growth rates for a complete picture.
What are Kyndryl Holdings, Inc.'s profit margins?
Kyndryl Holdings, Inc. has 21.8% gross margin and 4.2% operating margin.