KLC - KinderCare Learning Companies, Inc.
Price:
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--
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$4.60
DETAILS
HIGH:
$6.00
LOW:
$3.00
MEDIAN:
$5.00
CONSENSUS:
$4.60
UPSIDE:
28.49%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 2,733.3 | 2,663.0 | 2,510.2 | 2,165.8 | 1,807.8 | 1,366.6 | 1,875.7 | 1,675.0 |
| Cost of Revenue | 2,252.1 | 2,032.5 | 1,824.3 | 1,721.6 | 1,439.5 | 1,201.1 | 1,470.4 | 1,329.5 |
| Gross Profit | 481.2 | 630.5 | 685.9 | 444.2 | 368.3 | 165.5 | 405.2 | 345.6 |
| Operating Expenses | ||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 297.2 | 423.1 | 288.0 | 267.3 | 227.1 | 170.3 | 218.7 | 0 |
| Other Expenses | 0 | 128.1 | 122.6 | (212.6) | (71.2) | 65.7 | 122.2 | 283.3 |
| Operating Expenses | 297.2 | 551.2 | 410.6 | 54.7 | 155.9 | 236.0 | 340.9 | 283.3 |
| Operating Income | ||||||||
| Operating Income | 184.0 | 79.3 | 275.3 | 389.5 | 212.4 | (70.5) | 64.4 | 45.9 |
| Interest Expense | 84.0 | 170.5 | 152.9 | 101.5 | 96.6 | 99.4 | 102.6 | 94.1 |
| Interest Income | 4.8 | 7.4 | 6.1 | 3.0 | 0.0 | 0 | 0 | 0 |
| Profitability | ||||||||
| EBITDA | 308.0 | 209.9 | 391.9 | 176.9 | 141.2 | (6.6) | 184.8 | 141.9 |
| EBIT | 184.0 | 92.3 | 282.8 | 88.4 | 58.9 | (92.7) | 87.3 | 46.0 |
| Income Before Tax | (93.3) | (78.2) | 129.9 | 287.8 | 116.5 | (168.8) | (21.1) | (48.1) |
| Income Tax Expense | 19.5 | 14.6 | 27.4 | 68.6 | 28.1 | (39.3) | 8.1 | (11.6) |
| Net Income | (112.9) | (92.8) | 102.6 | 219.2 | 88.4 | (129.5) | (29.1) | (36.4) |
| Per Share Data | ||||||||
| EPS (Basic) | -0.95 | -0.96 | 0.90 | 1.92 | 0.77 | -1.13 | -0.25 | -0.32 |
| EPS (Diluted) | -0.95 | -0.96 | 0.90 | 1.92 | 0.77 | -1.13 | -0.25 | -0.32 |
| Shares Outstanding | 118.3 | 96.3 | 114.4 | 114.4 | 114.4 | 114.4 | 114.4 | 114.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 133.2 | 62.3 | 156.1 | 105.2 | 177.2 | 53.2 | 40.3 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 167.9 | 117.4 | 95.2 | 94.3 | 95.5 | 61.1 | 66.8 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 10.5 | 10.2 | 5.0 | 3.9 | 1.5 | 1.9 | 1.0 |
| Total Current Assets | 358.0 | 214.8 | 283.4 | 233.5 | 304.2 | 136.7 | 121.5 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 1,922.0 | 1,796.1 | 1,753.6 | 1,822.6 | 1,701.8 | 1,673.9 | 1,715.1 |
| Goodwill | 964.8 | 1,119.7 | 1,110.6 | 1,102.7 | 992.3 | 980.7 | 980.4 |
| Intangible Assets | 420.9 | 429.8 | 439.0 | 448.3 | 433.9 | 442.7 | 458.8 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 82.2 | 85.1 | 66.6 | 57.8 | 37.3 | 32.5 | 24.6 |
| Total Non-Current Assets | 3,389.9 | 3,430.7 | 3,369.8 | 3,431.4 | 3,165.3 | 3,129.8 | 3,178.8 |
| Total Assets | 3,747.9 | 3,645.5 | 3,653.3 | 3,664.9 | 3,469.6 | 3,266.5 | 3,300.3 |
| Current Liabilities | |||||||
| Account Payables | 48.9 | 45.3 | 50.6 | 56.7 | 47.9 | 39.7 | 30.7 |
| Short-Term Debt | 9.6 | 7.6 | 13.6 | 12.7 | 22.8 | 15.1 | 14.7 |
| Deferred Revenue | 58.0 | 33.8 | 43.9 | 52.6 | 46.7 | 39.6 | 24.1 |
| Other Current Liabilities | 191.6 | 137.9 | 150.6 | 109.5 | 108.1 | 90.1 | 103.4 |
| Total Current Liabilities | 484.9 | 412.8 | 426.5 | 410.2 | 380.2 | 330.4 | 341.7 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 917.9 | 919.1 | 1,237.7 | 1,349.1 | 1,375.4 | 1,378.4 | 1,344.4 |
| Deferred Tax Liabilities | 35.5 | 30.9 | 60.7 | 77.3 | 46.6 | 14.3 | 18.6 |
| Other Non-Current Liabilities | 104.1 | 98.8 | 114.6 | 65.0 | 52.1 | 49.1 | 30.9 |
| Total Non-Current Liabilities | 2,507.8 | 2,368.2 | 2,719.8 | 2,847.0 | 2,833.7 | 2,799.8 | 2,720.1 |
| Total Liabilities | 2,992.6 | 2,781.0 | 3,146.4 | 3,257.3 | 3,214.0 | 3,130.3 | 3,061.8 |
| Stockholders' Equity | |||||||
| Common Stock | 1.2 | 1.2 | 0.9 | 0.1 | 454.2 | 430.1 | 403.6 |
| Retained Earnings | (82.6) | 30.3 | 123.1 | 20.5 | (198.6) | (287.0) | (157.5) |
| Accumulated Other Comprehensive Income | (4.6) | 2.7 | (0.3) | (2.0) | 0 | (6.7) | (7.5) |
| Total Stockholders' Equity | 755.3 | 864.5 | 506.9 | 407.7 | 255.6 | 136.3 | 238.5 |
| Total Liabilities & Equity | 3,747.9 | 3,645.5 | 3,653.3 | 3,664.9 | 3,469.6 | 3,266.5 | 3,300.3 |
| Debt Metrics | |||||||
| Total Debt | 2,525.4 | 2,392.4 | 2,692.9 | 2,858.1 | 2,886.5 | 2,849.8 | 2,749.0 |
| Net Debt | 2,392.2 | 2,330.0 | 2,536.8 | 2,752.9 | 2,709.2 | 2,796.5 | 2,708.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | (112.9) | (92.8) | 102.6 | 219.2 | 88.4 | (129.5) | (29.1) | (36.4) |
| Depreciation & Amortization | 124.0 | 117.6 | 109.0 | 88.5 | 82.3 | 87.9 | 99.3 | 95.9 |
| Stock-Based Compensation | 11.8 | 144.1 | 12.6 | 9.9 | 0.9 | 1.5 | (0.1) | 2.2 |
| Change in Working Capital | 0 | (61.1) | 71.2 | (27.1) | (24.0) | 48.7 | 31.3 | 20.6 |
| Other Non-Cash Items | 208.3 | 37.9 | 25.6 | 24.8 | 15.2 | 45.0 | 24.6 | 20.7 |
| Operating Cash Flow | 238.5 | 115.9 | 303.5 | 341.6 | 183.3 | 13.6 | 117.3 | 91.0 |
| Investing Activities | ||||||||
| Capital Expenditure | (128.3) | (132.3) | (129.0) | (139.4) | (66.9) | (48.2) | (94.4) | (88.2) |
| Acquisitions | (23.1) | (10.9) | (10.2) | (157.6) | (14.2) | (1.7) | (3.7) | (207.8) |
| Purchases of Investments | 0 | (8.7) | (6.8) | (5.0) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 1.8 | 1.6 | 2.0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (3.0) | 2.9 | 26.8 | 0.3 | 0.9 | 1.4 | 3.6 | 0.5 |
| Investing Cash Flow | (154.4) | (147.2) | (117.7) | (299.7) | (80.2) | (48.5) | (94.5) | (295.5) |
| Financing Activities | ||||||||
| Net Debt Issuance | 0 | (357.6) | (117.4) | (44.2) | (2.4) | 23.1 | (8.2) | 195.8 |
| Stock Repurchased | 0 | 0 | 0 | (72.7) | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | (320) | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (13.2) | (11.0) | (17.5) | (0.8) | 0 | (0.3) | (0.4) | 3 |
| Financing Cash Flow | (13.2) | (62.6) | (134.9) | (117.7) | 20.9 | 47.8 | (8.7) | 198.8 |
| Cash Position | ||||||||
| Net Change in Cash | 70.9 | (94.0) | 50.9 | (75.8) | 124.0 | 12.9 | 14.2 | (5.7) |
| Cash at Beginning | 62.4 | 156.4 | 105.5 | 181.2 | 57.2 | 44.4 | 30.2 | 35.9 |
| Cash at End | 133.3 | 62.4 | 156.4 | 105.5 | 181.2 | 57.2 | 44.4 | 30.2 |
| Free Cash Flow | 110.3 | (16.4) | 174.5 | 202.2 | 116.4 | (34.6) | 23.0 | 2.8 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 2,733.3 | 2,663.0 | 2,510.2 | 2,165.8 | 1,807.8 | 1,366.6 | 1,875.7 | 1,675.0 |
| Gross Profit | 481.2 | 630.5 | 685.9 | 444.2 | 368.3 | 165.5 | 405.2 | 345.6 |
| Operating Income | 184.0 | 79.3 | 275.3 | 389.5 | 212.4 | (70.5) | 64.4 | 45.9 |
| Net Income | (112.9) | (92.8) | 102.6 | 219.2 | 88.4 | (129.5) | (29.1) | (36.4) |
| EPS (Diluted) | -0.95 | -0.96 | 0.90 | 1.92 | 0.77 | -1.13 | -0.25 | -0.32 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 133.2 | 62.3 | 156.1 | 105.2 | 177.2 | 53.2 | 40.3 | |
| Total Assets | 3,747.9 | 3,645.5 | 3,653.3 | 3,664.9 | 3,469.6 | 3,266.5 | 3,300.3 | |
| Total Debt | 2,525.4 | 2,392.4 | 2,692.9 | 2,858.1 | 2,886.5 | 2,849.8 | 2,749.0 | |
| Stockholders' Equity | 755.3 | 864.5 | 506.9 | 407.7 | 255.6 | 136.3 | 238.5 | |
| Cash Flow | ||||||||
| Operating Cash Flow | 238.5 | 115.9 | 303.5 | 341.6 | 183.3 | 13.6 | 117.3 | 91.0 |
| Capital Expenditure | (128.3) | (132.3) | (129.0) | (139.4) | (66.9) | (48.2) | (94.4) | (88.2) |
| Free Cash Flow | 110.3 | (16.4) | 174.5 | 202.2 | 116.4 | (34.6) | 23.0 | 2.8 |