Last 22 quarters of trend data · Technology · Information Technology Services
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Kyndryl Holdings, Inc.'s quarterly P/E stands at 44.0x, up 56.8% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has compressed 97.4% YoY to 0.1x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 12.94 | 43.97 | 26.56 | 25.89 | 45.61 | 28.04 | 9.72 | — | 141.15 | — | — | — | — |
| — | +56.8% | +173.3% | — | -67.7% | — | — | — | — | — | — | — | — | |
| P/S Ratio | 0.16 | 0.20 | 0.40 | 0.48 | 0.68 | 0.50 | 0.56 | 0.35 | 0.41 | 0.33 | 0.32 | 0.23 | 0.18 |
| — | -60.1% | -28.1% | +35.0% | +63.3% | +52.9% | +76.0% | +52.4% | +129.9% | +64.8% | +115.5% | +106.1% | +40.5% | |
| P/B Ratio | — | — | 4.72 | 5.29 | 7.55 | 5.67 | 6.92 | 4.54 | 5.63 | 3.76 | 3.96 | 2.95 | 2.75 |
| — | — | -31.8% | +16.5% | +33.9% | +50.9% | +74.6% | +53.8% | +105.0% | +63.7% | +203.1% | +174.8% | +175.8% | |
| P/FCF | 7.29 | 1.96 | 7.42 | 104.18 | — | 5.54 | 7.95 | — | — | — | 36.14 | — | — |
| — | -64.7% | -6.6% | — | — | — | -78.0% | — | — | — | +89.0% | — | — | |
| EV / EBITDA | -0.04 | 0.07 | 2.96 | 7.32 | 3.80 | 2.59 | 7.04 | 5.85 | 6.43 | 15.21 | 5.22 | 4.43 | 1.85 |
| — | -97.4% | -57.9% | +25.1% | -40.9% | -83.0% | +34.8% | +32.1% | +248.0% | -3.8% | +223.8% | +147.9% | +1.8% | |
| EV / EBIT | -0.23 | 0.48 | 14.96 | 20.72 | 20.91 | 10.86 | 9.56 | 101.20 | 24.59 | 256.40 | 90.28 | 16.94 | — |
| — | -95.6% | +56.5% | -79.5% | -15.0% | -95.8% | -89.4% | +497.5% | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Kyndryl Holdings, Inc.'s operating margin was 4.5% in Q4 2026, up 0.1 pp QoQ and down 1.4 pp YoY.
| Metric | TTM | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.8% | 22.5% | 21.8% | 21.5% | 21.3% | 22.7% | 20.4% | 19.9% | 21.5% | 18.9% | 19.9% | 21.5% | 17.7% |
| — | -1.0% | +7.2% | +8.3% | -1.0% | +20.1% | +2.5% | -7.7% | +21.5% | +12.7% | +21.3% | +59.0% | +24.6% | |
| Operating Margin | 4.2% | 4.5% | 4.5% | 3.8% | 4.1% | 5.9% | 3.1% | 2.7% | 4.0% | -1.3% | 2.7% | 4.0% | 0.5% |
| — | -23.0% | +43.9% | +37.9% | +2.6% | +545.0% | +13.5% | -31.1% | +621.7% | +59.2% | +551.7% | +218.2% | +128.0% | |
| Net Margin | 1.3% | 0.5% | 1.5% | 1.8% | 1.5% | 1.8% | 5.7% | -1.1% | 0.3% | -1.2% | -1.1% | 0.3% | -3.4% |
| — | -74.8% | -74.3% | +260.4% | +408.5% | +253.1% | +604.0% | -487.3% | +108.7% | +93.3% | +53.7% | +104.4% | +42.3% |
| Metric | TTM | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | 4.3% | 5.1% | 4.2% | 5.4% | 18.1% | -3.8% | 0.9% | -3.5% | -3.6% | 1.0% | -11.0% |
| — | — | -76.2% | +234.0% | +362.9% | +251.1% | +600.0% | -490.9% | +108.2% | +91.8% | +37.2% | +106.8% | -8.3% | |
| ROA | 3.2% | 0.3% | 0.5% | 0.6% | 0.5% | 0.7% | 2.1% | -0.4% | 0.1% | -0.4% | -0.4% | 0.1% | -1.3% |
| — | -61.0% | -76.1% | +243.0% | +378.3% | +251.1% | +600.0% | -490.9% | +108.2% | +93.0% | +53.1% | +104.6% | +32.9% | |
| ROIC | — | 17.2% | 2.7% | 2.6% | 3.1% | 4.7% | 2.3% | 2.0% | 3.0% | -1.1% | 2.0% | 2.8% | 0.4% |
| — | +266.2% | +19.2% | +35.0% | +3.2% | +539.2% | +12.6% | -30.4% | +574.3% | +58.1% | +537.6% | +218.6% | +134.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 3.49 | 3.01 | 3.00 | 2.97 | 3.28 | 3.50 | 3.74 | 2.97 | 3.28 | 3.50 | 3.74 |
| — | — | +6.2% | -14.0% | -19.7% | 0.0% | 0.0% | 0.0% | 0.0% | +2.3% | +46.8% | +42.3% | +89.1% | |
| Debt / EBITDA | — | — | 5.26 | 12.05 | 4.82 | 4.21 | 10.32 | 11.85 | 11.69 | 33.53 | 11.42 | 11.64 | 5.18 |
| — | — | -49.0% | +1.7% | -58.8% | -87.4% | -9.7% | +1.7% | +125.9% | -28.1% | +98.6% | +62.6% | -23.2% | |
| Current Ratio | — | — | 0.64 | 1.02 | 1.05 | 1.07 | 1.09 | 1.03 | 1.03 | 1.07 | 1.09 | 1.03 | 1.03 |
| — | — | -41.2% | -1.0% | +2.3% | 0.0% | 0.0% | 0.0% | 0.0% | +4.7% | +1.3% | -4.8% | -12.2% | |
| Quick Ratio | — | — | 0.64 | 1.02 | 1.05 | 1.07 | 1.09 | 1.03 | 1.03 | 1.07 | 1.09 | 1.03 | 1.03 |
| — | — | -41.2% | -1.0% | +2.3% | 0.0% | 0.0% | 0.0% | 0.0% | +4.7% | +1.3% | -4.8% | -12.2% | |
| Interest Coverage | 7.13 | 6.66 | 8.19 | 5.90 | 6.61 | 9.33 | 11.75 | 0.80 | 3.29 | 0.23 | 0.65 | 2.97 | -2.79 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 22 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying KD stock.
Kyndryl Holdings, Inc.'s current P/E is 12.9x. The average P/E over the last 4 quarters is 35.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Kyndryl Holdings, Inc.'s current operating margin is 4.2%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Kyndryl Holdings, Inc.'s business trajectory between earnings reports.