Kyndryl Holdings Inc (KD)

Pretax margin

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 435,000 314,000 109,000 5,000 -168,000 -453,000 -644,000 -754,000 -850,000 -751,000 -1,345,000 -1,595,000 -1,709,000 -1,923,000 -1,907,000 -1,608,000 -1,573,000 -1,609,500
Revenue (ttm) US$ in thousands 15,057,000 15,107,000 15,299,000 15,598,000 16,052,000 16,457,000 16,824,000 16,930,000 17,025,000 17,201,000 17,454,000 17,854,000 18,317,000 18,657,000 19,028,000 19,305,000 19,291,000 19,304,500
Pretax margin 2.89% 2.08% 0.71% 0.03% -1.05% -2.75% -3.83% -4.45% -4.99% -4.37% -7.71% -8.93% -9.33% -10.31% -10.02% -8.33% -8.15% -8.34%

March 31, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $435,000K ÷ $15,057,000K
= 2.89%

Kyndryl Holdings Inc's pretax margin shows a fluctuating trend over the given periods. Starting at negative percentages in December 2020 and continuing into the first half of 2023, the company experienced a gradual improvement in its pretax margin, reaching positive percentages as of March 2025. This upward trajectory indicates an enhancement in the company's ability to generate profits before taxes relative to its total revenue. The positive trend in the pretax margin suggests improved operational efficiency and cost management practices within the organization, potentially leading to a stronger financial performance and overall stability.