Kyndryl Holdings Inc (KD)
Pretax margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 435,000 | -168,000 | -851,000 | -1,903,000 | -1,766,000 |
| Revenue | US$ in thousands | 15,057,000 | 16,052,000 | 17,026,000 | 18,657,000 | 19,352,000 |
| Pretax margin | 2.89% | -1.05% | -5.00% | -10.20% | -9.13% |
March 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $435,000K ÷ $15,057,000K
= 2.89%
Kyndryl Holdings Inc's pretax margin has shown a mixed trend over the past five years. In March 2021 and March 2022, the company had negative pretax margins of -9.13% and -10.20%, respectively, indicating that the company's operating expenses and non-operating expenses outweighed its gross profit during those periods.
However, there has been a gradual improvement in the pretax margin in the subsequent years. By March 2025, Kyndryl Holdings Inc was able to achieve a positive pretax margin of 2.89%, signifying that the company's profitability had improved significantly.
It is important to note that the pretax margin for March 2023 and March 2024 was -5.00% and -1.05%, respectively, indicating a transition towards profitability during those years.
Overall, the positive trend in pretax margin from 2023 to 2025 suggests that Kyndryl Holdings Inc has made efforts to enhance its operational efficiency and control its expenses, resulting in improved profitability.
Peer comparison
Mar 31, 2025