Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Kyivstar Group Ltd. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2023
FY2025
FY2025
Revenue
915
919
1,157
Selling, general and administrative
284
305
393
Operating income
363
348
274
Interest expense
82
82
75
Interest income
35
40
12
Pre-tax income
346
347
198
Income tax
65
64
74
Net income
281
283
124
EPS, basic
1.36
1.37
0.57
EPS, diluted
1.36
1.37
0.57
Balance sheet
FY2023
FY2025
FY2025
Cash and equivalents
425
674
455
Receivables
40
37
Inventory
3
3
Total current assets
1,208
692
Goodwill
15
14
128
Intangible assets
257
283
363
Total assets
2,209
2,122
Accounts payable
103
141
Total current liabilities
887
498
Total liabilities
1,129
823
Shareholders' equity
887
1,080
1,299
Total equity
887
1,080
1,299
Total liabilities and equity
2,209
2,122
Cash flow statement
FY2023
FY2025
FY2025
Net income
281
283
124
Cash from operations
413
430
558
Capital expenditures
-96
-162
-247
Cash from investing
-327
-132
-150
Debt repaid
-60
0
-583
Cash from financing
-88
-37
-626
Exchange rate effect
-5
-12
-1
Free cash flow
317
268
311
Interest paid
75
78
77
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $13.05 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
23.7%
Operating income / revenue.
Pre-tax margin
17.1%
Pre-tax income / revenue.
Net margin
10.7%
Net income / revenue.
FCF margin
26.9%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
48.2%
Cash from operations / revenue.
Effective tax rate
37.4%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
10.4%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
5.7%
Net income / average total assets.
Return on invested capital (ROIC)
27.5%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue
34.0%
Selling, general and administrative expense / revenue.
Capex / revenue
21.3%
Capital expenditures / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
25.9%
Revenue vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
-21.3%
Operating income vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
-56.2%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-58.4%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
29.8%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
16.0%
Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
20.3%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-3.9%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.39x
Current assets / current liabilities.
Quick ratio
0.99x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.91x
(Cash + short-term investments) / current liabilities.
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
44.3%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.57
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
$0.57
Net income per basic share, as reported (split-adjusted).
Valuation
Metric
Value
How it is calculated
Market cap
$3.01B
Share price x shares outstanding.
Enterprise value
$2.56B
Market cap + total debt - cash - short-term investments.
P/E
24.3x
Market cap / net income. Only when net income is positive.
P/S
2.60x
Market cap / revenue.
P/B
2.32x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
3.73x
Market cap / tangible book value, when positive.
P/FCF
9.69x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
5.40x
Market cap / cash from operations, when positive.
EV/Sales
2.21x
Enterprise value / revenue.
EV/EBIT
9.33x
Enterprise value / operating income, when both are positive.
EV/FCF
8.22x
Enterprise value / free cash flow, when both are positive.
FCF yield
10.3%
Free cash flow / market cap.
Earnings yield
4.1%
Net income / market cap (the inverse of P/E).
What was Kyivstar Group Ltd.'s revenue in fiscal 2025?
Kyivstar Group Ltd. reported revenue of $1.16B for fiscal 2025, 25.9% higher than the year before.
Was Kyivstar Group Ltd. profitable in fiscal 2025?
Yes. Net income was $124.0M, a net margin of 10.7%.
How much free cash flow did Kyivstar Group Ltd. generate in fiscal 2025?
Cash from operations of $558.0M minus capital expenditures of $247.0M left free cash flow of $311.0M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.