Kyndryl Holdings (KD) EV to FCF (2021 - 2026)
Kyndryl Holdings' (KD) quarterly EV to FCF came in at 0.98 in Q2 2026, up 96.87% on a YoY basis from 0.5 in Q2 2025, and down 199.41% quarter-over-quarter from 0.99 in Q1 2026.
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Kyndryl Holdings (KD) EV to FCF (2021 - 2026) Analysis & Trends
Kyndryl Holdings (KD) has reported EV to FCF for 6 consecutive years, with 0.98 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF rose 96.87% year-over-year to 0.98; the trailing twelve-month figure through Jun 2026 stood at 3.04 (down 91.26% YoY), and the FY2026 full-year result was 1.11, down 93.27% from the prior year.
- EV to FCF slipped to 0.98 in Q2 2026 per KD's latest filing, from 0.99 in the prior quarter.
- Across five years, EV to FCF topped out at 331.75 in Q3 2025 and bottomed at 62.61 in Q1 2024.
- Historically, EV to FCF has averaged 37.0 across 5 years, with a median of 0.99 in 2026.
- The sharpest annual moves came in 2023 and 2024: EV to FCF sank 691.36% in 2023, then jumped 1743.61% in 2024.
- Over 5 years, EV to FCF stood at 2.82 in 2022, then soared by 332.04% to 12.19 in 2023, then surged by 261.53% to 44.08 in 2024, then plunged by 48.18% to 22.84 in 2025, then plunged by 104.29% to 0.98 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 0.98, 0.99, and 22.84 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.98 |
| Mar 31, 2026 | 0.99 |
| Dec 31, 2025 | 22.84 |
| Sep 30, 2025 | 331.75 |
| Jun 30, 2025 | -31.25 |
| Mar 31, 2025 | 16.26 |
| Dec 31, 2024 | 44.08 |
| Sep 30, 2024 | 274.31 |
| Jun 30, 2024 | -28.91 |
| Mar 31, 2024 | -62.61 |
| Dec 31, 2023 | 12.19 |
| Sep 30, 2023 | -16.69 |
| Jun 30, 2023 | -5.93 |
| Sep 30, 2022 | 2.82 |
| Jun 30, 2022 | -3.90 |
| Dec 31, 2021 | -5.03 |