Keel Infrastructure (KEEL) Invested Capital (2020 - 2026)
Keel Infrastructure (KEEL) recorded Invested Capital of $1.35 billion in Q2 2026, up 90.1% from $712.72 million a year earlier and up 35.9% from the prior quarter.
Keel Infrastructure (KEEL) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025, Keel Infrastructure reported Invested Capital of $1.23 billion, up 100.7% from FY2024.
- Annual Invested Capital has increased for three straight years, with a five-year compound annual growth rate of 106.1% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $612.72 million in FY2024 (+83.8%), $333.4 million in FY2023 (+13.5%), $293.69 million in FY2022 (-20.7%) and $370.17 million in FY2021.
- The Q2 2026 figure is the highest quarterly Invested Capital in data going back to Q4 2020.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 100.7% in Q4 2025, against a decline of 41.0% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $996.58 million (Q1 2026), $1.23 billion (Q4 2025) and $662.81 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.59 Bn | 7.82 Bn | - | 33.22 Bn |
| 2 | Block | 47.46 Bn | 18.72 Bn | 3.17 Bn | 28.93 Bn |
| 3 | Coinbase Global | 44.60 Bn | 1.41 Bn | - | 19.56 Bn |
| 4 | Corpay | 27.24 Bn | 17.44 Bn | - | 14.21 Bn |
| 5 | Fiserv | 27.02 Bn | 23.72 Bn | 2.90 Bn | 54.81 Bn |
| 6 | Global Payments | 22.82 Bn | 1.26 Bn | 2.03 Bn | 47.31 Bn |
| 7 | Iren | 19.41 Bn | 7.01 Bn | 103.89 Mn | 11.78 Bn |
| 8 | Guidewire Software | 15.55 Bn | 12.12 Bn | 269.68 Mn | 1.87 Bn |
| 9 | Bitmine Immersion Technologies | 13.04 Bn | 10.42 Bn | 40.81 Mn | - |
| 10 | Keel Infrastructure | 1.38 Bn | 1.38 Bn | -86.75 Mn | 1.35 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.35 Bn |
| Mar 31, 2026 | 996.58 Mn |
| Dec 31, 2025 | 1.23 Bn |
| Sep 30, 2025 | 662.81 Mn |
| Jun 30, 2025 | 712.72 Mn |
| Mar 31, 2025 | 663.87 Mn |
| Dec 31, 2024 | 612.72 Mn |
| Sep 30, 2024 | 513.70 Mn |
| Jun 30, 2024 | 475.53 Mn |
| Mar 31, 2024 | 365.42 Bn |
| Dec 31, 2023 | 329.38 Mn |
| Sep 30, 2023 | 297.52 Mn |
| Jun 30, 2023 | 288.37 Mn |
| Mar 31, 2023 | 293.75 Mn |
| Dec 31, 2022 | 297.78 Mn |
| Sep 30, 2022 | 318.34 Mn |
| Jun 30, 2022 | 402.42 Mn |
| Mar 31, 2022 | 497.62 Mn |
| Dec 31, 2021 | 375.17 Mn |
| Sep 30, 2021 | 292.82 Mn |
Keel Infrastructure Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=KEEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "KEEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=KEEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();