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KEEL KEEL Variable Lease Cost

Variable Lease Cost at other companies

ALH
Alliance Laundry Holdings Inc.ALH
$363.5K-17.0%
BankUnited logo
BankUnitedBKU
$868.5K-6.9%
LKQ logo
LKQLKQ
$32.75M0.0%
KEE
Keel Infrastructure Corp. Common StockKEEL
$1.05M+43.7%
Tidewater logo
TidewaterTDW
$111.25K+16.8%
NovaGold Resources logo
NovaGold ResourcesNG
$26K-23.0%

Other financials

Income statement

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Revenue$37.0M-22.4%
Gross profit-$26.3M-9,631%
Operating income-$98.4M-182%
Net income-$145.4M-162%
EPS (diluted)-$0.24-118%

Balance sheet

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Cash & equivalents$357.3M+827%
Total debt$591.0M
Total equity$419.1M-36.6%
Total assets$1.1B

Cash flow

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Operating cash flow-$64.7M-243%
CapEx$10.3M-76.2%
Free cash flow-$75.0M-20.6%

Valuation

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Market cap$3.99B

Profitability

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Gross margin-7.9%-2.8pp
Operating margin-37.8%+2.0pp
Net margin-52%+24.6pp
FCF margin-259.9%+201pp

Returns & leverage

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Return on equity-6.1%-2.5pp
Debt / equity1.4×
Current ratio9.6×

Where this comes from

Reported directly by KEEL in its filing.

Tagged under the XBRL concept us-gaap:VariableLeaseCost.

The official record: KEEL’s 10-K, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KEEL's variable lease cost?
KEEL (KEEL) reported variable lease cost of $1.05M in Q4 2025.
How has KEEL's variable lease cost changed year-over-year?
KEEL's variable lease cost increased by 43.7% year-over-year, from $731.25K to $1.05M.
What is the long-term trend for KEEL's variable lease cost?
Over 2 years (2023 to 2025), KEEL's variable lease cost has grown at a 39.4% compound annual growth rate (CAGR), from $2.16M to $4.2M.
What does variable lease cost mean?
Lease payments that are not fixed in nature but depend on an index, rate, or specific operational performance metrics. These costs fluctuate based on external market conditions or usage levels, impacting the company's operational flexibility. Understanding these costs is crucial for evaluating the sensitivity of the company's cost structure to market volatility.