Kyndryl Holdings Inc (KD) — Free Cash Flow Generation Index

Latest as of December 2025: 0.49x

Kyndryl Holdings Inc (KD) has a Free Cash Flow Generation Index of 0.49x as of December 2025. Free cash flow of $208.00 Million represents 0% of operating cash flow ($428.00 Million). Explore KD capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.49x
Free Cash Flow / Operating CF

Free Cash Flow

$208.00 Million
USD

Operating Cash Flow

$428.00 Million
USD

Capital Expenditures

$220.00 Million
USD

Kyndryl Holdings Inc Free Cash Flow Generation Index (2019–2025)

Historical FCF Generation Index trend for Kyndryl Holdings Inc across 6 annual periods. For the full cash flow conversion analysis, see KD cash flow metrics.

Annual Free Cash Flow Generation for Kyndryl Holdings Inc (2019–2025)

Year-by-year Free Cash Flow Generation Index for Kyndryl Holdings Inc. Check Kyndryl Holdings Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.36x $337.00 Million $942.00 Million $605.00 Million ▲ +182.4%
2024 -0.43x $-197.00 Million $454.00 Million $651.00 Million ▲ +0.0%
2023 -0.43x $-197.00 Million $454.00 Million $651.00 Million ▲ +33.2%
2021 -0.65x $-408.00 Million $628.00 Million $1.04 Billion ▼ -1215.6%
2020 -0.05x $-56.00 Million $1.13 Billion $1.19 Billion ▲ +96.3%
2019 -1.32x $-889.00 Million $674.00 Million $1.56 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).