Kenon Holdings Ltd. (KEN)
Kenon Holdings Ltd. reported revenue of $871.9M in fiscal 2025, up 16.1% from a year earlier. Net income was $66.3M, a net margin of 7.6%. Operating cash flow minus capital spending left $167.4M of free cash flow in fiscal 2025. At December 31, 2025 it held $1.5B in cash against $1.8B of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 30, 2026.
Key facts about Kenon Holdings Ltd.
- Net worth
- Kenon Holdings Ltd. has a market value (market cap) of $3.2B at the latest share price, and shareholders' equity of $1.6B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $871.9M (+16.1% year on year), with net income of $66.3M.
- Cash flow
- In fiscal 2025 operations brought in $283.8M of cash; after $116.4M of capital spending, free cash flow was $167.4M.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on March 30, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Kenon Holdings Ltd. does
Kenon Holdings Ltd. is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker KEN.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $871.9M | $66.3M | $1.27 | $167.4M |
| 2024 | $751.3M | $597.7M | $11.34 | -$75.6M |
| 2023 | $691.8M | -$236M | -$4.42 | -$55.3M |
| 2022 | $574M | $312.7M | $5.80 | $490.1M |
| 2021 | $487.8M | $930.3M | $17.27 | $866K |
| 2020 | $386.5M | $507.1M | $9.41 | $17.7M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where KEN ranks in Utilities
Dividends
It paid out $267.9M in cash dividends, 404% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $267.9M | 404% |
| 2024 | n/a | $200.6M | 34% |
| 2023 | n/a | $150.4M | n/a |
| 2022 | n/a | $740.9M | 237% |
| 2021 | n/a | $100.2M | 11% |
| 2020 | n/a | $120.1M | 24% |
Latest SEC filings
What Kenon Holdings Ltd. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 28, 2026
- September 30, 2026
- September 29, 2026
- September 28, 2026
- September 10, 2026
- September 8, 2026
- August 19, 2026
- August 14, 2026
- August 12, 2026
- June 29, 2026
Insider trades
What the people running Kenon Holdings Ltd. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns KEN
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Clal Insurance Enterprises Holdings Ltd13G, passive | 7.8% | May 12, 2026 |
| Menora Mivtachim Holdings Ltd.13G, passive | 5.24% | May 19, 2026 |
| Yelin Lapidot Holdings Management Ltd.13G, passive with 2 related filers | 5.05% | February 11, 2025 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 80 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Vanguard Capital Management LLC | 558,166 | +3,539 |
| Assenagon Asset Management S.A. | 396,094 | new |
| Goldman Sachs Group Inc | 326,733 | +183,792 |
| Altshuler Shaham Ltd | 289,964 | +100,736 |
| UBS Group AG | 252,685 | +127,560 |
| Arrowstreet Capital, Limited Partnership | 195,500 | -52,775 |
| Vanguard Fiduciary Trust Co | 173,599 | +354 |
| BlackRock, Inc. | 153,605 | +28,199 |
| Jpmorgan Chase & Co | 140,632 | +109,507 |
| Y.D. More Investments Ltd | 80,706 | -130,647 |
| Canada Pension Plan Investment Board | 62,515 | -1,005 |
| LPL Financial LLC | 61,167 | +10,662 |
| VANGUARD ASSET MANAGEMENT, Ltd | 48,213 | -1,739 |
| Invesco Ltd. | 34,966 | -6,623 |
| Swiss National Bank | 34,149 | -7,144 |
| Citigroup Inc | 32,429 | +3,062 |
| Renaissance Technologies LLC | 29,500 | +1,500 |
| Stifel Financial Corp | 29,196 | +78 |
| Deutsche Bank AG\ | 27,632 | +26,800 |
| Marshall Wace, Llp | 26,406 | new |
Insiders
Questions about KEN
What does Kenon Holdings Ltd. do?
Kenon Holdings Ltd. is a company in the Utilities sector, listed on NYSE as KEN. Its shares trade on NYSE under the ticker KEN.
What is Kenon Holdings Ltd.'s net worth?
Kenon Holdings Ltd. has a market value (market cap) of $3.2B at the latest share price, and shareholders' equity of $1.6B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Kenon Holdings Ltd. profitable?
Yes. In fiscal 2025 it reported net income of $66.3M on revenue of $871.9M, a net margin of 7.6%.
How much revenue does Kenon Holdings Ltd. make?
In fiscal 2025 Kenon Holdings Ltd. reported revenue of $871.9M. That is 16.1% more than a year earlier.
When did Kenon Holdings Ltd. last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 30, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from October 28, 2026.
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Where the numbers come from
Financial figures are the values Kenon Holdings Ltd. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.