Kyndryl Holdings Debt-to-Equity Ratio Growth & History (KD)
Kyndryl Holdings's debt-to-equity ratio was 5.75 for fiscal 2026.
View full Kyndryl Holdings company overviewKyndryl Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 5.75 | 2.42 | +72.59% |
| 2025 | 2025-03-31 | 3.33 | −0.86 | −20.42% |
| 2024 | 2024-03-31 | 4.19 | 0.96 | +29.87% |
| 2023 | 2023-03-31 | 3.23 | — | — |
| 2021 | 2021-12-31 | 1.71 | 1.38 | +419.80% |
| 2020 | 2020-12-31 | 0.33 | — | — |
Kyndryl Holdings quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 6.13 | 2.85 | +86.94% |
| Q4 2026 | 2026-03-31 | 5.75 | 2.42 | +72.59% |
| Q3 2026 | 2025-12-31 | 4.51 | 0.94 | +26.22% |
| Q2 2026 | 2025-09-30 | 3.30 | −0.48 | −12.82% |
| Q1 2026 | 2025-06-30 | 3.28 | −0.77 | −19.09% |
| Q4 2025 | 2025-03-31 | 3.33 | −0.86 | −20.42% |
| Q3 2025 | 2024-12-31 | 3.57 | −0.81 | −18.50% |
| Q2 2025 | 2024-09-30 | 3.78 | −0.34 | −8.25% |
| Q1 2025 | 2024-06-30 | 4.05 | 0.63 | +18.34% |
| Q4 2024 | 2024-03-31 | 4.19 | 0.96 | +29.87% |
| Q3 2024 | 2023-12-31 | 4.38 | 2.08 | +90.24% |
| Q2 2024 | 2023-09-30 | 4.12 | 1.58 | +62.34% |
| Q1 2024 | 2023-06-30 | 3.43 | 1.41 | +70.09% |
| Q4 2023 | 2023-03-31 | 3.23 | 1.45 | +81.80% |
| Q3 2023 | 2022-12-31 | 2.30 | 0.60 | +34.95% |
| Q3 2022 | 2022-09-30 | 2.54 | 2.23 | +733.17% |
| Q2 2022 | 2022-06-30 | 2.01 | — | — |
| Q1 2022 | 2022-03-31 | 1.77 | — | — |
| Q4 2021 | 2021-12-31 | 1.71 | 1.41 | +469.61% |
| Q3 2021 | 2021-09-30 | 0.30 | — | — |
| Q4 2020 | 2020-12-31 | 0.30 | — | — |
Kyndryl Holdings debt-to-equity ratio trends
Between the periods ended 2020-12-31 and 2026-03-31, Kyndryl Holdings's debt-to-equity ratio increased from 0.33 to 5.75, a change of 5.43. The latest reported quarter, Q1 2027, shows 6.13.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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