Kyndryl Holdings (KD) Debt Ratio (2020 - 2026)
Kyndryl Holdings' (KD) quarterly Debt Ratio came in at 0.49 in Q2 2026, up 71.03% on a YoY basis from 0.28 in Q2 2025, and up 3.76% quarter-over-quarter from 0.47 in Q1 2026.
Analysis
Kyndryl Holdings (KD) Debt Ratio (2020 - 2026) Analysis & Trends
Kyndryl Holdings (KD) has reported Debt Ratio for 7 consecutive years, with 0.49 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio rose 71.03% year-over-year to 0.49; the trailing twelve-month figure through Jun 2026 stood at 0.49 (up 71.03% YoY), and the FY2026 full-year result was 0.47, up 48.51% from the prior year.
- Debt Ratio grew to 0.49 in Q2 2026 per KD's latest filing, from 0.47 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.49 in Q2 2026 and bottomed at 0.25 in Q1 2022.
- Historically, Debt Ratio has averaged 0.32 across 5 years, with a median of 0.32 in 2023.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio surged 558.2% in 2022, then dropped 14.19% in 2025.
- Over 5 years, Debt Ratio stood at 0.27 in 2022, then surged by 31.17% to 0.35 in 2023, then slipped by 5.27% to 0.34 in 2024, then rose by 3.22% to 0.35 in 2025, then soared by 40.49% to 0.49 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.49, 0.47, and 0.35 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.95 Bn | 44.95 Bn | 1.60 Bn | 0.02 |
| 2 | Cognizant Technology Solutions | 27.19 Bn | 26.14 Bn | 1.83 Bn | 0.08 |
| 3 | Cgi | 15.35 Bn | 14.77 Bn | - | 0.71 |
| 4 | EPAM Systems | 6.01 Bn | 5.22 Bn | 429.57 Mn | 0.01 |
| 5 | Science Applications International | 5.35 Bn | 5.22 Bn | 239.00 Mn | 0.46 |
| 6 | ExlService Holdings | 5.33 Bn | 5.05 Bn | 225.96 Mn | 0.44 |
| 7 | Kyndryl Holdings | 2.86 Bn | 746.87 Mn | 776.00 Mn | 0.49 |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 0.08 |
| 9 | Innodata | 1.84 Bn | 1.59 Bn | 42.46 Mn | 0.03 |
| 10 | DXC Technology | 1.79 Bn | -211.80 Mn | 611.00 Mn | 0.27 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.49 |
| Mar 31, 2026 | 0.47 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.32 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.33 |
| Mar 31, 2024 | 0.32 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.29 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.25 |
| Dec 31, 2021 | 0.25 |
| Sep 30, 2021 | 0.04 |