Kyndryl Holdings Inc (KD)

Return on equity (ROE)

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Dec 31, 2021	Sep 30, 2021
Net income (ttm)	US$ in thousands	-340,000	-1,032,000	-1,126,000	-1,265,000	-1,374,000	-1,368,000	-1,954,000
Total stockholders’ equity	US$ in thousands	1,015,000	1,189,000	1,013,000	1,240,000	1,365,000	1,832,000	1,650,000	2,117,000	2,765,000	5,430,000
ROE		-33.50%	-86.80%	-111.15%	-102.02%	-100.66%	-74.67%	-118.42%

March 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-340,000K ÷ $1,015,000K
= -33.50%

Kyndryl Holdings Inc has exhibited a volatile and generally negative trend in its return on equity (ROE) over the past quarters. The ROE figures have shown significant fluctuations, ranging from -118.42% in Sep 30, 2022, to -33.50% in Mar 31, 2024.

The consistently negative ROE indicates that the company has not been effectively generating profits from the shareholders' equity. This suggests that Kyndryl Holdings Inc may be experiencing challenges in utilizing its equity capital efficiently to generate returns.

The drastic decline in ROE from Dec 31, 2023, to Mar 31, 2024, from -86.80% to -33.50%, could indicate some improvements in the company's financial performance during the most recent quarter. However, the negative ROE values across multiple periods raise concerns about the company's overall profitability and operational efficiency.

Investors and stakeholders should closely monitor Kyndryl Holdings Inc's financial performance and management strategies to assess the company's ability to improve its ROE and overall profitability in the future.