Kenon Holdings Ltd.

KEN Utilities Utilities Independent Power Producers

Kenon Holdings Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $871.9 million, up 16.1% from fiscal 2024.

Revenue
+93.4%
EPS
+750.0%
Free cash flow
−3,783.3%
Total debt
+112.0%

Quarter to June 2026, against a year earlier

57.91 5.14 −8.15%
Market cap
$3.0B
P/E
25.7×
Fwd P/E
5.7×
Dividend yield
6.65%
F-score
5/9
Altman Z
1.82
Beneish M
−1.98
Dividend safety
12/100

Kenon Holdings Ltd. (KEN) Operating margin

Alert me on Operating margin

Kenon Holdings Ltd.'s operating margin over the twelve months to 30 June 2026 was 8.20%, up 5.2 percentage points from fiscal 2025 (3.03%). Over the past ten years it has ranged from −22.7% (fiscal 2016) to 15.9% (fiscal 2015); the current reading is higher than 27% of that period. That is above the Utilities Independent Power Producers industry median of 4.83% and below the Utilities sector median of 18.7%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 3.03% (3.34)
FY2024 6.37% 1.35
FY2023 5.02% 5.04
FY2022 −0.02% (4.66)
FY2021 4.64% (0.87)
FY2020 5.51% (7.84)
FY2019 13.4% 2.18
FY2018 11.2% (0.02)
FY2017 11.2% 33.85
FY2016 −22.7% (38.56)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 15.0% 8.42
Mar 2026 6.62% 8.62
Dec 2025 −2.00% (11.06)
Sep 2025 9.06% 10.08
42 more quarters

Against its own ten years

Low −22.7% High 15.9%
Ten-year median 5.51%
Current reading's percentile 56

Operating margin against peers

Company Operating margin
VST Vistra Corp. compare 18.6%
CEG Constellation Energy Corporation compare 14.7%
KEN Kenon Holdings Ltd. 8.20%
NRG NRG Energy, Inc. compare 6.08%
HNRG Hallador Energy Company compare 3.58%
TLN Talen Energy Corporation compare 2.02%
OKLO Oklo Inc. compare 0.00%
DGXX Digi Power X Inc. compare −101.0%
ONEN ONE Nuclear Energy Inc. compare —
Utilities Independent Power Producers industry median 4.83%
Utilities sector median 18.7%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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