Kyndryl Holdings, Inc. (KD) intrinsic value & 10-year financials
Kyndryl Holdings, Inc. (KD) has a Graham intrinsic value of $0.18 per share. At $13.21 on Oct 17, 2026, the stock trades 7239% above that value. Over the last 9 fiscal years revenue shrank 4.1% a year to $15.1B, with an average return on invested capital of -20.6%.
- Graham intrinsic value
- $0.18
- Share price (Oct 17, 2026)
- $13.21
- Price vs Graham value
- 7239% above
- Market cap
- $3.1B
- Revenue (FY2026)
- $15.1B
- Revenue growth (9-yr CAGR)
- -4.1%
- ROIC (10-yr avg)
- -20.6%
- Free cash flow (FY2026)
- $340.0M
KD 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $15.1B | $198.0M | $0.85 | $340.0M | — | 9.3% |
| FY2025 | $15.1B | $252.0M | $1.05 | $337.0M | — | 9.4% |
| FY2024 | $16.1B | -$340.0M | -$1.48 | -$197.0M | — | -12.4% |
| FY2023 | $17.0B | -$1.4B | -$6.06 | -$84.0M | — | -42.4% |
| FY2022 | — | — | — | — | — | — |
| FY2021 | $18.7B | -$2.3B | -$10.35 | -$871.0M | — | -52.8% |
| FY2020 | $19.4B | -$2.0B | -$8.97 | -$408.0M | — | -39.8% |
| FY2019 | $20.3B | -$943.0M | -$4.21 | -$56.0M | — | -15.4% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Kyndryl Holdings, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Kyndryl Holdings, Inc. has historically struggled to out-earn its cost of capital, averaging just -21.4% ROIC.
Kyndryl Holdings, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Kyndryl Holdings, Inc. is modeled at -4.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.18 per share.