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KE

Kenon Holdings Ltd.

KENUtilitiesNASDAQ

Utilities - Independent Power Producers · Last scanned May 30, 2026

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Financials · Annual
Revenue
$871.9M
+16.1% YoY
Net Income
$66.3M
-88.9% YoY
EBITDA
$318.9M
+17.1% YoY
Free Cash Flow
$32.0M

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About Kenon Holdings Ltd.

Part of the utilities sector, Kenon Holdings Ltd. (KEN) is listed under Utilities - Independent Power Producers. With a market capitalization of $4.73B, it sits in mid-cap territory. It engages in the generation and supply of electricity, and energy; development, construction, operation of power plants, and energy generation facilities using natural gas and renewable energy; and management of solar and wind energy, and conventional natural gas-fired power plants.

Key stats
Market Cap$4.73B
P/E (TTM)71.47
Fwd P/E-68.77
EPS$1.27
Beta0.38
52W Change+156.1%
Dividend Yield4.24%
ROE5.1%
Analysis

Kenon Holdings Ltd. carries $1.78B in total debt against $1.59B in cash reserves — debt is modestly above the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $32.0M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 5.1% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 0.8% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $574.0M (2022) to $871.9M (2025), reflecting a 52% increase over the period.

With a beta below 0.7, Kenon Holdings Ltd. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing KEN.

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