Kyndryl price to free cash flow KD

Market value divided by free cash flow over the last twelve months, since 2022.

Today, Oct 23, 2026: 21.7×
4-year median: 24.6×
Against its 4-year history: 42nd; percentile: 0 is its lowest day, 100 its highest
4-year range: 4.7× to 183×
Peer median: 17.0×

Kyndryl's price to free cash flow is 21.7× as of Oct 23, 2026.

That is below its 4-year median of 24.6×, close to the middle of its last 4 years.

Over that time it ranged from 4.7× in Nov 2022 to 183× in Jan 2025.

The median for 10 infrastructure software stocks of a similar size is 17.0×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	21.7×	7.1×	25.7×
2025	25.7×	23.2×	183×
2024	162×	129×	164×
2023	41.3×	5.7×	55.9×
2022	5.2×	4.7×	5.5×

Against its peers

Companies in Software - Infrastructure nearest Kyndryl's size, closest first, today.

Company	Price to free cash flow
KDKyndryl	21.7×
ALRMAlarm.com	16.8×
SPSCSPS Commerce	16.8×
AGYSAgilysys	42.3×
AVPTAvePoint	34.6×
NTCTNetscout Systems	11.0×
FRSHFreshworks	17.3×
BLKBBlackbaud	7.7×
NCNOnCino	18.5×
QTWOQ2	20.3×
CCCCCC Intelligent Solutions	14.7×
Peer median	17.0×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Kyndryl

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.