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KENKenon Holdings Ltd.
$66.22$3.5B
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  3. Financial Ratios
  4. Quarterly

Kenon Holdings Ltd. (KEN) Quarterly Financial Ratios

Last 47 quarters of trend data · Utilities · Independent Power Producers

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Kenon Holdings Ltd.'s quarterly P/E stands at 42.0x, up 15.6% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 134.2% YoY to 42.2x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →52.1442.0235.2725.09103.8736.341.038.622.8844.4346.81——
—+15.6%+3323.4%+191.2%+3504.9%-18.2%-97.8%——————
P/S Ratio3.963.453.792.372.652.382.811.561.782.022.131.341.90
—+44.6%+34.8%+51.4%+48.6%+17.9%+32.1%+17.1%-6.0%-25.0%-30.6%-52.9%-57.2%
P/B Ratio1.081.321.090.850.800.660.670.690.650.760.620.590.55
—+101.0%+61.1%+22.9%+22.5%-13.1%+8.6%+17.4%+18.4%+10.6%-19.9%-0.5%-32.1%
P/FCF———8.84——1.53————21.84—
———————————+386.5%—
EV / EBITDA27.8442.1624.2412.9042.9618.0032.259.6717.9420.3516.268.4630.78
—+134.2%-24.8%+33.4%+139.4%-11.5%+98.3%+14.4%-41.7%-17.0%-79.5%-60.7%—
EV / EBIT60.1717.0918.976.2723.018.54—5.354.0314.9935.02——
—+100.0%—+17.2%+471.0%-43.0%———-11.0%———

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Kenon Holdings Ltd.'s operating margin was 1.3% in Q1 2026, down 8.1 pp QoQ and down 3.7 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 5.6% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin16.8%14.8%9.6%26.0%14.8%14.8%13.0%23.6%16.6%21.3%11.6%23.1%11.5%
—+0.5%-26.6%+10.2%-10.7%-30.6%+12.7%+2.1%+43.9%+4.2%-26.5%+14.3%+74.2%
Operating Margin7.2%1.3%9.4%12.8%-1.0%4.9%-3.4%15.6%5.0%3.4%5.7%14.0%-3.6%
—-74.3%+371.5%-17.8%-120.5%+42.6%-160.7%+11.7%+236.7%-27.6%+173.7%+62.7%+70.7%
Net Margin7.6%8.2%11.1%9.4%2.6%6.6%272.9%18.1%61.9%4.6%4.7%-89.5%-18.2%
—+25.1%-95.9%-48.0%-95.9%+42.6%+5759.6%+120.3%+440.3%+184.5%+100.8%-158.1%-108.3%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE2.3%0.8%0.8%0.9%0.2%0.5%18.1%2.1%5.8%0.4%0.3%-9.5%-1.3%
—+77.3%-95.4%-56.8%-96.7%+10.9%+5243.0%+122.1%+546.3%+217.4%+101.1%-208.3%-113.8%
ROA1.4%0.4%0.5%0.6%0.1%0.3%10.4%1.1%2.8%0.2%0.2%-5.1%-0.7%
—+54.8%-95.2%-47.8%-95.8%+45.5%+5867.7%+120.7%+483.4%+197.3%+100.9%-194.1%-112.6%
ROIC1.5%0.1%0.5%0.8%-0.0%0.2%-0.1%0.9%0.2%0.2%0.2%0.8%-0.1%
—-65.3%+449.0%-12.5%-120.8%+46.0%-162.7%+16.1%+259.4%-12.0%+188.1%+158.3%+56.5%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Kenon Holdings Ltd.'s Debt/EBITDA ratio is 82.0x, up from 45.9x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 31.3% YoY to 3.74x, tightening the short-term liquidity position. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.560.740.560.470.550.470.480.720.770.830.770.700.63
—+56.8%+16.1%-34.8%-29.1%-43.1%-37.4%+3.1%+22.0%+46.0%+47.0%+81.5%+38.0%
Debt / EBITDA13.2082.0345.9025.9494.3344.9680.3024.6949.0355.3647.5123.9884.18
—+82.4%-42.8%+5.1%+92.4%-18.8%+69.0%+3.0%-41.8%-7.9%-69.5%-41.7%—
Current Ratio4.943.744.944.664.335.456.913.783.082.103.052.793.03
—-31.3%-28.5%+23.3%+40.5%+159.0%+126.1%+35.5%+1.5%-27.6%-44.5%-46.3%+71.2%
Quick Ratio4.943.744.944.664.335.456.913.783.082.103.052.783.02
—-31.3%-28.5%+23.3%+40.5%+159.0%+126.2%+36.0%+1.9%-27.4%-44.3%-46.3%+70.9%
Interest Coverage3.522.3950.864.041.332.57-9.782.154.451.811.37-6.87-1.22
—————————————

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Includes 30+ ratios · 47 years · Updated daily

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KEN — Frequently Asked Questions

Quick answers to the most common questions about buying KEN stock.

What is Kenon Holdings Ltd.'s quarterly P/E ratio trend?

Kenon Holdings Ltd.'s current P/E is 52.1x. The average P/E over the last 4 quarters is 51.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Kenon Holdings Ltd.'s margins change by quarter?

Kenon Holdings Ltd.'s current operating margin is 7.2%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at KEN quarterly ratios instead of annual?

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 Kenon Holdings Ltd.'s business trajectory between earnings reports.