Kyndryl Holdings Inc (KD)
Return on total capital
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | -46,000 | -422,000 | -704,000 | -1,703,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | — | 1,015,000 | 1,365,000 | 2,765,000 | 4,872,000 |
| Return on total capital | — | -4.53% | -30.92% | -25.46% | -34.95% |
March 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $—K)
= —
Kyndryl Holdings Inc's return on total capital has fluctuated significantly over the past few years. In March 2021, the return on total capital was -34.95%, indicating that the company's capital utilization resulted in a negative return. This improved slightly to -25.46% by March 2022 but then worsened to -30.92% by March 2023.
However, there was a significant improvement in the return on total capital by March 2024, with the ratio improving to -4.53%. This improvement may suggest that the company's capital utilization became more efficient or that the business performance improved. Unfortunately, there is no data available for March 31, 2025, making it difficult to assess the trend beyond 2024.
Overall, the negative returns on total capital indicate that Kyndryl Holdings Inc has not been effectively generating profits from its capital investments in recent years. The positive improvement in 2024 suggests some positive changes, but further data is needed to validate any trends or improvements.
Peer comparison
Mar 31, 2025