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Kyndryl Holdings KD Ratios & Valuation

FY'26FY'25FY'24FY'23
Profitability
Gross margin21.8%+0.9pp20.9%+3.0pp17.8%+3.0pp14.8%+2.5pp
Net margin1.3%-0.4pp1.7%+3.8pp-2.1%+6.0pp-8.1%+3.1pp
EBITDA margin8.6%+0.4pp8.1%+3.1pp5.1%+4.0pp1.1%+3.2pp
Returns
Return on equity16.5%-6.0pp22.6%+51.1pp-28.6%+40.4pp-69%
Return on assets1.7%-0.7pp2.4%+5.5pp-3.1%+8.0pp-11%
Return on invested capital6.9%-1.3pp8.2%+9.4pp-1.2%+15.2pp-16.4%
Efficiency
Asset turnover1.3×-0.1×1.4×0.0×1.5×+0.1×1.4×
Liquidity
Current ratio0.9×-0.2×1.1×0.0×0.0×-0.2×
Quick ratio0.9×-0.2×1.1×0.0×0.0×-0.2×
Cash ratio0.4×0.0×0.4×+0.1×0.3×0.0×0.4×0.0×
Leverage
Debt-to-equity4.4×+0.9×3.5×-0.9×4.4×+1.1×3.3×+1.5×
Debt-to-assets0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×
Net debt / EBITDA0.0×-1.6×3.5×-10.3×13.8×
Interest coverage5.7×+0.3×5.4×+5.7×-0.4×+7.6×-7.9×+14.8×
Per Share
Book value per share$5.03-1.4%$5.10+15.1%$4.43-26.5%$6.02-48.4%
Valuation
Market capitalization$2.96B-59.5%$7.31B+46.6%$4.99B+48.5%$3.36B+15.2%
Enterprise value$5.48B-43.6%$9.73B+23.7%$7.87B+31.2%$6B+8.5%
Price / earnings14.9×-14.1×29×
Price / sales0.2×-0.3×0.5×+0.2×0.3×+0.1×0.2×0.0×
Price / book2.5×-3.5×+1.1×4.9×+2.5×2.5×+1.3×
EV / EBITDA4.2×-3.7×7.9×-1.7×9.7×-21.7×31.4×
EV / sales0.4×-0.3×0.6×+0.2×0.5×+0.1×0.4×+0.1×
Earnings yield6.7%+3.2pp3.4%+10.3pp-6.8%+34.1pp-40.9%+29.1pp

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Questions, answered.

Where do Kyndryl Holdings's ratios come from?
Every ratio is computed from Kyndryl Holdings's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.