Financial Snapshot

Revenue
$15.30B
TTM
Gross Margin
19.78%
TTM
Net Earnings
-$89.00M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
103.25%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.172B
Q3 2024
Cash
Q3 2024
P/E
-90.85
Nov 29, 2024 EST
Free Cash Flow
$50.00M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2021 2020 2019 2018
Revenue $16.05B $17.03B $18.66B $19.35B $20.28B $21.80B
YoY Change -5.72% -3.59% -4.57% -6.96%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2021 2020 2019 2018
Revenue $16.05B $17.03B $18.66B $19.35B $20.28B $21.80B
Cost Of Revenue $13.19B $14.50B $16.55B $17.14B $17.68B $19.24B
Gross Profit $2.863B $2.528B $2.107B $2.215B $2.603B $2.558B
Gross Profit Margin 17.84% 14.85% 11.29% 11.45% 12.84% 11.74%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2021 2020 2019 2018
Selling, General & Admin $2.911B $2.985B $2.776B $2.948B $2.970B $3.040B
YoY Change -2.48% -5.83% -0.74% -2.3%
% of Gross Profit 101.68% 118.08% 131.75% 133.09% 114.1% 118.84%
Research & Development $58.00M $79.00M $63.00M $76.00M $83.00M $69.00M
YoY Change -26.58% -17.11% -8.43% 20.29%
% of Gross Profit 2.03% 3.13% 2.99% 3.43% 3.19% 2.7%
Depreciation & Amortization $864.0M $946.0M $1.300B $1.450B $1.470B $1.525B
YoY Change -8.67% -10.34% -1.36% -3.61%
% of Gross Profit 30.18% 37.42% 61.7% 65.46% 56.47% 59.62%
Operating Expenses $2.956B $3.020B $2.839B $3.024B $3.053B $3.103B
YoY Change -2.12% -6.12% -0.95% -1.61%
Operating Profit -$93.00M -$492.0M -$732.0M -$809.0M -$450.0M -$545.0M
YoY Change -81.1% -9.52% 79.78% -17.43%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2021 2020 2019 2018
Interest Expense -$122.0M -$94.00M $64.00M $63.00M $76.00M -$85.00M
YoY Change 29.79% 1.59% -17.11% -189.41%
% of Operating Profit
Other Income/Expense, Net $1.000M -$1.000M $1.000M
YoY Change -200.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2021 2020 2019 2018
Pretax Income -$168.0M -$851.0M -$1.903B -$1.760B -$573.0M -$630.0M
YoY Change -80.26% 8.13% 207.16% -9.05%
Income Tax $172.0M $524.0M $402.0M $247.0M $366.0M $350.0M
% Of Pretax Income
Net Earnings -$340.0M -$1.374B -$2.304B -$2.007B -$939.0M -$980.0M
YoY Change -75.25% 14.8% 113.74% -4.18%
Net Earnings / Revenue -2.12% -8.07% -12.35% -10.37% -4.63% -4.5%
Basic Earnings Per Share -$1.48 -$6.06 -$10.28 -$8.96 -$4.19
Diluted Earnings Per Share -$1.48 -$6.06 -$10.28 -$8.96 -$4.19 -$4.377M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2021 2020 2019 2018
Cash & Short-Term Investments $1.553B $1.847B $2.223B $24.00M $36.00M
YoY Change -15.92% 9162.5% -33.33%
Cash & Equivalents $1.553B $1.847B $2.223B $24.00M $36.00M
Short-Term Investments
Other Short-Term Assets $1.565B $1.563B $1.213B $1.375B $1.253B
YoY Change 0.13% -11.78% 9.74%
Inventory
Prepaid Expenses
Receivables $1.629B $1.553B $2.341B $1.444B $1.862B
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $4.747B $4.963B $5.777B $2.843B $3.151B
YoY Change -4.35% 103.2% -9.77%
Property, Plant & Equipment $3.538B $3.743B $4.284B $5.122B $5.343B
YoY Change -5.48% -16.36% -4.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.312B $1.775B $2.384B $1.950B $2.001B
YoY Change -26.08% 22.26% -2.55%
Total Long-Term Assets $5.843B $6.501B $7.436B $8.362B $8.593B
YoY Change -10.12% -11.07% -2.69%
Total Assets $10.59B $11.46B $13.21B $11.21B $11.74B
YoY Change
Accounts Payable $1.408B $1.774B $1.140B $919.0M $826.0M
YoY Change -20.63% 24.05% 11.26%
Accrued Expenses $1.902B $1.819B $2.070B $1.893B $1.373B
YoY Change 4.56% 9.35% 37.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $126.0M $110.0M $105.0M $69.00M $42.00M
YoY Change 14.55% 52.17% 64.29%
Total Short-Term Liabilities $4.588B $4.868B $4.544B $3.910B $3.408B
YoY Change -5.75% 16.21% 14.73%
Long-Term Debt $3.112B $3.111B $3.128B $140.0M $100.0M
YoY Change 0.03% 2134.29% 40.0%
Other Long-Term Liabilities $1.713B $1.925B $2.704B $2.199B $2.210B
YoY Change -11.01% 22.96% -0.5%
Total Long-Term Liabilities $4.825B $5.036B $5.832B $2.339B $2.310B
YoY Change -4.19% 149.34% 1.26%
Total Liabilities $9.575B $10.10B $10.51B $6.332B $5.852B
YoY Change -5.19% 66.05% 8.2%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2021 2020 2019 2018
Basic Shares Outstanding 229.2M 226.7M 224.1M 224.1M 224.1M
Diluted Shares Outstanding 229.2M 226.7M 224.1M 224.1M 224.1M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $8.0854 Billion

About Kyndryl Holdings, Inc.

Kyndryl Holdings, Inc. operates as a technology services company, which engages in the provision of infrastructure services. The company is headquartered in New York City, New York and currently employs 80,000 full-time employees. The company went IPO on 2021-10-22. The firm designs, builds, manages and modernizes the complex, mission-critical information systems. The firm's segments include United States, Japan, Principal Markets and Strategic Markets. The firm offers services across domains such as cloud services, core enterprise and zCloud services, applications, data and artificial intelligence (AI) services, digital workplace services, and network and edge services. Its advisory and implementation services are branded as Kyndryl Consult. The firm designs, builds and provides managed services for its customers' multi-cloud environments. The company provides end-to-end enterprise data services, including data transformation, data governance and compliance and data migration. Its digital workplace services provide the technology infrastructure, mobility, and access solutions.

Industry: Services-Computer Integrated Systems Design Peers: AMDOCS LTD HACKETT GROUP, INC. GRID DYNAMICS HOLDINGS, INC. DXC Technology Co EPAM Systems, Inc. INTERNATIONAL BUSINESS MACHINES CORP PERFICIENT INC Thoughtworks Holding, Inc. UNISYS CORP