KinderCare Learning Companies, Inc. (KLC) intrinsic value & 10-year financials
KinderCare Learning Companies, Inc. (KLC) has a Graham intrinsic value of $23.89 per share. At $1.77 on Oct 17, 2026, the stock trades 93% below that value. Over the last 4 fiscal years revenue grew 8.1% a year to $2.7B, with an average return on invested capital of 20.6%.
- Graham intrinsic value
- $23.89
- Share price (Oct 17, 2026)
- $1.77
- Price vs Graham value
- 93% below
- Market cap
- $209.4M
- Revenue (FY2026)
- $2.7B
- Revenue growth (4-yr CAGR)
- 8.1%
- ROIC (10-yr avg)
- 20.6%
- Free cash flow (FY2026)
- $110.3M
KLC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $2.7B | -$112.9M | -$0.95 | $110.3M | -0.7% | -0.7% |
| FY2024 | $2.7B | -$92.8M | -$0.96 | -$16.4M | 3.0% | 2.7% |
| FY2023 | $2.5B | $102.6M | $1.13 | $174.5M | 11.0% | 7.5% |
| FY2022 | $2.2B | $219.2M | $2.35 | $202.2M | 18.0% | 72.8% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
KinderCare Learning Companies, Inc. is a consistent compounder, expanding top-line revenue at 8.1% annually over the past decade.
KinderCare Learning Companies, Inc. has earned high returns on invested capital, averaging 20.6% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
KinderCare Learning Companies, Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, KinderCare Learning Companies, Inc. is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $23.89 per share.