# Keel Infrastructure share price today (Keel Infrastructure Corp., KEEL)

> Keel Infrastructure Corp.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. KEEL · Technology · Information Technology Services · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/keel

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## Key numbers

- Price: $2.19 (−44.8% in a year)
- Revenue (Jun 2026): $30.4 M (−50.0% on a year ago)
- Profit (Jun 2026), incl. one-off: −$65.0 M (one-off item, see below)
- Operating margin: −181.0% (−142.8 points on a year ago)
- ROE: −51%, FY25
- ROIC: −24.6%, against a 15.6% cost of capital: −40.2 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Keel Infrastructure share price today? Keel Infrastructure Corp.'s share price was $2.19 at the close on 3 November 2026. It has been moving sideways for 5 weeks. That is 36.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between $2 and $6, and at that close it sat 6% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 14 weeks running. Over the last 7.2 years the share price moved +99% while the S&P 500 moved +165%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 31 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Keel Infrastructure pay? Keel Infrastructure Corp. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Keel Infrastructure on? Keel Infrastructure is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Keel Infrastructure profitable? Keel Infrastructure Corp. posted a net loss of $65.0 M in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY25 year was a loss of $285 M. That loss is 213.6% of the quarter's revenue. The same quarter a year earlier lost $5.5 M. 8 of the last 9 reported quarters were loss-making. Read this profit with care: at −$65.0 M it is bigger than the quarter's whole revenue of $30.4 M. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −181.0% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does Keel Infrastructure make, and is it growing? Keel Infrastructure Corp. reported $30.4 M of revenue in the Jun 2026 quarter, −50.0% on the same quarter a year earlier. Over 4 years it has grown 7.8% a year on average. The last full year, FY25, came in at $229 M. The last four reported quarters add to $188 M. The quarterly figures for FY23 do not add up to the full-year total on file, so those quarters are left out of the charts and sums. FY25 revenue was $229 M, +72.0% on the year before. Recent pace: the last four quarters grew +29.6% on average, against 7.8% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every $100 of sales does Keel Infrastructure keep? Keel Infrastructure Corp.'s operating margin was −181.0% in the Jun 2026 quarter, 142.8 percentage points lower than the same quarter a year ago. Across 5 years it has been between −58.4% and 40.1%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −142.8 percentage points on the year while gross margin changed −71.7 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Keel Infrastructure's profit turning into cash? Keel Infrastructure Corp.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 its operations used $227 M of cash, against −$285 M of profit. After $126 M of spending on assets, free cash was −$353 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Keel Infrastructure's cash go? Keel Infrastructure Corp. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $540 M on assets over the last 3 years. Averaged over those years that is 78.5% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $540 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Keel Infrastructure's P/E ratio, and how does it compare with its own history? Keel Infrastructure Corp. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Keel Infrastructure Corp. at 5.9× its FY25 revenue of $229 M. The P/E comes back here once profit turns positive. ## Is the Keel Infrastructure business getting better or worse? Keel Infrastructure Corp.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 5 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Keel Infrastructure earn on its capital? Keel Infrastructure Corp. earned a ROE of −51% in FY25. That is up from a low of −69% in FY22. Its return on capital used (ROIC) is 40.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −124.1% net margin and 0.18× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −124.1% net margin × 0.18× asset turnover × 2.31× leverage (assets divided by equity) ≈ −51.6% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −24.6% − 15.6% = −40.2 percentage points. The 15.6% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The −24.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at −15.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Keel Infrastructure have too much debt? Keel Infrastructure Corp. has total debt of $1.0 B against shareholder equity of $329 M as of Jun 2026, so its debt is 3.16× its equity. Year by year, that ratio went from 0.20 in FY21 to 1.22 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Keel Infrastructure shareholding pattern? 19.6% of Keel Infrastructure Corp.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 3.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Keel Infrastructure from balance-sheet trouble? For Keel Infrastructure Corp., the Z-score is 0.60. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 0.60 is inside the danger zone, so the balance sheet is a real risk. ## How does Keel Infrastructure rank in its industry? There is no score against its industry: Keel Infrastructure Corp. is not among the largest members shown in this industry comparison for Information Technology Services. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Keel Infrastructure compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Keel Infrastructure in size? Keel Infrastructure is the 36th largest of 52 Information Technology Services companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Mega Fortune Company, Innodata Inc. and Everforth, Inc. Just below it: Clarivate Plc, BigBear.ai Holdings, Inc. and NCR Voyix Corporation. ### Information Technology Services companies close in size

1. [Mega Fortune Company Limited](https://www.sectoralpha.in/us/stocks/mgrt) $1.6 billion
2. [Innodata Inc.](https://www.sectoralpha.in/us/stocks/inod) $1.4 billion
3. [Everforth, Inc.](https://www.sectoralpha.in/us/stocks/efor) $1.4 billion
4. Keel Infrastructure Corp. $1.4 billion
5. [Clarivate Plc](https://www.sectoralpha.in/us/stocks/clvt) $1.3 billion
6. [BigBear.ai Holdings, Inc.](https://www.sectoralpha.in/us/stocks/bbai) $1.2 billion
7. [NCR Voyix Corporation](https://www.sectoralpha.in/us/stocks/vyx) $1.2 billion

[All 52 Information Technology Services companies, largest first](https://www.sectoralpha.in/us/sectors/information-technology-services#all-companies)

### Companies close in size in other industries

1. [Syndax Pharmaceuticals, Inc.](https://www.sectoralpha.in/us/stocks/sndx) $1.2 billion · Biotechnology
2. [Ladder Capital Corp](https://www.sectoralpha.in/us/stocks/ladr) $1.2 billion · REIT - Mortgage
3. Keel Infrastructure Corp. $1.2 billion
4. [Verastem, Inc.](https://www.sectoralpha.in/us/stocks/vstm) $1.2 billion · Biotechnology
5. [Ategrity Specialty Insurance Company Holdings](https://www.sectoralpha.in/us/stocks/asic) $1.2 billion · Insurance - Property & Casualty

## What else do people ask about Keel Infrastructure? ### What were Keel Infrastructure's latest quarterly results? Keel Infrastructure Corp. reported revenue of $30.4 M and a net loss of $65.0 M for the Jun 2026 quarter. Earnings per share were −$0.11. The operating margin was −181.0%, 142.8 percentage points lower than a year earlier (as of 3 November 2026). ### What is Keel Infrastructure's market cap? Keel Infrastructure Corp.'s market capitalisation is $1.4 B at a stock price of $2.19. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Keel Infrastructure performing? Keel Infrastructure Corp.'s share price has been moving sideways for 5 weeks. Over the past 13 weeks it has done worse than the S&P 500, for 14 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Keel Infrastructure's stock price go up? This page does not forecast Keel Infrastructure Corp.'s stock price. What it shows instead: the stock price is $2.19, and it has been moving sideways for 5 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Keel Infrastructure in its business cycle? Keel Infrastructure Corp.'s FY25 operating margin was −42.4%, against a 5-year range of −58.4% to 40.1%: the low end of its own range, which is often where recoveries start. The latest quarter was −181.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Keel Infrastructure story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Keel Infrastructure a stock worth studying right now? What the numbers show: Keel Infrastructure Corp.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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