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Kyndryl Holdings KD Ratios & Valuation

TTM Q4 '26TTM Q3 '26TTM Q2 '26TTM Q1 '26TTM Q4 '25
Profitability
Gross margin21.8%+0.9pp21.6%+1.5pp21.2%+1.5pp20.8%+2.1pp20.9%+3.0pp
Net margin1.3%-0.4pp1.7%+0.7pp2.7%+3.3pp2%+3.2pp1.7%+3.8pp
EBITDA margin8.6%+0.4pp8.4%+1.0pp9.6%+3.5pp8.7%+2.9pp8.1%+3.1pp
Returns
Return on equity16.5%-6.0pp21.9%+9.8pp35.6%+44.2pp26.6%+43.5pp22.6%+51.1pp
Return on assets1.7%-0.7pp2.4%+1.0pp3.8%+4.6pp2.7%+4.5pp2.4%+5.5pp
Return on invested capital6.9%-1.3pp8.2%+2.4pp12.1%+9.2pp9.3%+7.7pp8.2%+9.4pp
Efficiency
Asset turnover1.3×-0.1×1.4×0.0×1.4×-0.1×1.4×-0.1×1.4×0.0×
Liquidity
Current ratio0.9×-0.2×0.9×-0.2×0.0×1.1×0.0×1.1×0.0×
Quick ratio0.9×-0.2×0.9×-0.2×0.0×1.1×0.0×1.1×0.0×
Cash ratio0.4×0.0×0.3×-0.1×0.3×0.0×0.3×0.0×0.4×+0.1×
Leverage
Debt-to-equity4.4×+0.9×3.3×-0.3×3.3×-0.6×3.3×-0.9×3.5×-0.9×
Debt-to-assets0.4×0.0×0.4×0.0×0.4×0.0×0.4×-0.1×0.4×0.0×
Net debt / EBITDA0.0×2.1×-0.1×1.9×-1.1×-1.2×-1.6×
Interest coverage5.7×+0.3×5.8×+1.9×7.6×+5.6×6.1×+5.0×5.4×+5.7×
Per Share
Book value per share$5.03-1.4%$5.14+13.0%$5.20+13.1%$5.16+22.2%$5.10+15.1%
Valuation
Market capitalization$2.96B-59.5%$6.07B-24.5%$6.94B+31.0%$9.46B+57.0%$7.31B+46.6%
Enterprise value$5.48B-43.6%$8.7B-17.1%$9.64B+19.4%$12.03B+35.6%$9.73B+23.7%
Price / earnings14.9×24.3×17×
Price / sales0.2×-0.3×0.4×-0.1×0.5×+0.1×0.6×+0.2×0.5×+0.2×
Price / book2.5×-3.5×5.1×-2.3×5.7×+0.7×7.7×+1.6×+1.1×
EV / EBITDA4.2×-3.7×6.8×-2.6×6.7×-2.0×9.2×-0.6×7.9×-1.7×
EV / sales0.4×-0.3×0.6×-0.1×0.6×+0.1×0.8×+0.2×0.6×+0.2×
Earnings yield6.7%+3.2pp4.1%+2.4pp5.9%+7.6pp3.1%+6.3pp3.4%+10.3pp

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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.