Kratos Defense & Security Solutions

Kratos Defense & Security Solutions

KTOS · NASDAQ · Industrials / Aerospace & Defense

33.91USD-0.84 (-2.42%)

Price History

Full chart

Market Stats

Previous Close34.75
Open34.75
Day Range33.35 – 34.91
52-Week Range43.09 – 134.00
Volume5.00M
Market Cap8.27B
P/E (TTM)259.24
Forward P/E45.25
EPS0.17
Dividend Yield0.00%
Beta1.11
50-Day Avg51.56
200-Day Avg69.62

About

Kratos Defense & Security Solutions, Inc., a technology company, provides technology, hardware, products, system, and software for the defense, national security, and commercial markets in the United States, other North America, the Asia Pacific, the Middle East, Europe, and Internationally. The company operates through Kratos Government Solutions and Unmanned Systems segments. It offers virtualized ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet powered unmanned aerial drone systems and hypersonic vehicles and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft and launch systems, command, control, communication, computing, combat, and intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile defense, space, and satellite; and counter unmanned aircraft systems, directed energy, communication and other systems, and virtual and augmented reality training systems for the warfighter. The company primarily serves national security-related agencies, the U.S. Department of Defense, intelligence and classified agencies, international government agencies, and domestic and international commercial customers. Kratos Defense & Security Solutions, Inc. was formerly known as Wireless Facilities, Inc. and changed its name to Kratos Defense & Security Solutions, Inc. in August 1999. Kratos Defense & Security Solutions, Inc. was incorporated in 1994 and is headquartered in San Diego, California.

Company Details

  • SectorIndustrials
  • IndustryAerospace & Defense
  • CEOMr. Eric M. DeMarco
  • Employees4.30K
  • Headquarters10680 Treena Street, San Diego, CA, United States, 92131, USA
  • Websitehttps://www.kratosdefense.com

Leadership

  • Mr. Eric M. DeMarcoCEO, President & Director · b. 1964
  • Ms. Deanna Hom Lund CPAExecutive VP, CFO & Director · b. 1968
  • Mr. Phillip CarraiPresident of Space, Training & Cyber Solutions Division · b. 1962
  • Mr. Steven S. FendleyPresident of Unmanned Systems Division · b. 1969
  • Mr. Stacey G. RockPresident of Kratos Turbine Technologies Division · b. 1968
  • Ms. Maria Cervantes de BurgreenVP, Corporate Controller & Principal Accounting Officer · b. 1975
  • Mr. Brian ShepardChief Information Officer
  • Ms. Marie C. MendozaSenior VP, General Counsel & Secretary · b. 1973
  • Mr. David CarterPresident of Defense & Rocket Support Services Division · b. 1958
  • Mr. Thomas E. Mills IVPresident of C5ISR Systems Division · b. 1960

Financials

Income Statement

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue51.90M92.69M255.90M207.20M187.00M262.20M397.00M375.30M327.80M193.60M297.30M147.12M408.50M723.10M969.20M950.60M868.00M657.10M668.70M751.90M618.00M717.50M747.70M811.50M898.30M1.04B1.14B1.35B
Growth (%)-+78.59%+176.08%-19.03%-9.75%+40.21%+51.41%-5.47%-12.66%-40.94%+53.56%-50.51%+177.66%+77.01%+34.03%-1.92%-8.69%-24.30%+1.77%+12.44%-17.81%+16.10%+4.21%+8.53%+10.70%+15.45%+9.57%+18.53%
Cost of Revenue26.70M51.66M139.70M141.00M138.70M190.90M313.00M291.00M274.30M162.00M237.80M122.39M318.50M530.90M712.00M710.60M649.80M495.30M515.10M554.60M448.30M527.50M544.50M586.40M672.30M768.50M849.10M1.05B
Gross Profit25.20M41.03M116.20M66.20M48.30M71.30M84.00M84.30M53.50M31.60M59.50M24.73M90.00M192.20M257.20M240.00M218.20M161.80M153.60M197.30M169.70M190.00M203.20M225.10M226.00M268.60M287.20M298.30M
Gross Margin48.55%44.27%45.41%31.95%25.83%27.19%21.16%22.46%16.32%16.32%20.01%16.81%22.03%26.58%26.54%25.25%25.14%24.62%22.97%26.24%27.46%26.48%27.18%27.74%25.16%25.90%25.28%22.15%
Operating Expense14.50M23.40M64.20M137.70M103.00M49.10M76.90M67.20M84.90M56.20M154.30M12.59M66.90M164.00M306.90M208.20M198.30M166.30M172.20M203.10M139.20M152.00M173.90M197.20M228.90M237.50M258.20M270.60M
Operating Income10.70M17.63M52.00M-71.50M-54.70M22.20M7.10M17.10M-31.40M-24.60M-94.80M12.14M23.10M28.20M-49.70M31.80M19.90M-4.50M-18.60M-5.80M30.50M38.00M29.30M27.90M-2.90M31.10M29.00M27.70M
Operating Margin20.62%19.02%20.32%-34.51%-29.25%8.47%1.79%4.56%-9.58%-12.71%-31.89%8.25%5.65%3.90%-5.13%3.35%2.29%-0.68%-2.78%-0.77%4.94%5.30%3.92%3.44%-0.32%3.00%2.55%2.06%
EBITDA12.10M20.24M62.70M-49.00M-45.30M30.70M12.10M7.50M-24.40M-21.40M-88.80M-18.40M37.20M76.40M9.90M79.00M39.60M16.90M5.20M-5.80M48.10M74.30M64.40M62.80M26.20M77.50M93.60M103.80M
EBITDA Margin23.31%21.84%24.50%-23.65%-24.22%11.71%3.05%2.00%-7.44%-11.05%-29.87%-12.51%9.11%10.57%1.02%8.31%4.56%2.57%0.78%-0.77%7.78%10.36%8.61%7.74%2.92%7.47%8.24%7.71%
Net Income4.70M9.61M31.80M-60.10M-63.90M23.50M5.00M3.70M-57.90M-40.80M-111.10M7.17M14.50M-24.20M-114.40M-37.20M-78.00M19.80M-60.50M-42.70M-3.50M12.50M79.60M-2.00M-36.90M-8.90M16.30M22.00M
Net Income Margin9.06%10.36%12.43%-29.01%-34.17%8.96%1.26%0.99%-17.66%-21.07%-37.37%4.88%3.55%-3.35%-11.80%-3.91%-8.99%3.01%-9.05%-5.68%-0.57%1.74%10.65%-0.25%-4.11%-0.86%1.43%1.63%
R&D----------1.00M1.80M2.20M9.00M17.80M21.40M23.00M16.20M13.90M17.80M15.60M18.00M27.00M35.20M38.60M38.40M40.30M40.00M
R&D as % of Total Revenue----------0.34%1.22%0.54%1.24%1.84%2.25%2.65%2.47%2.08%2.37%2.52%2.51%3.61%4.34%4.30%3.70%3.55%2.97%
Interest Expense000000000010.00M1.56M22.40M51.20M66.40M46.40M39.40M36.00M34.70M29.10M21.60M23.50M23.60M23.70M18.30M21.70M15.20M10.50M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%3.36%1.06%5.48%7.08%6.85%4.88%4.54%5.48%5.19%3.87%3.50%3.28%3.16%2.92%2.04%2.09%1.34%0.78%

Balance Sheet

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets60.30M134.99M297.10M275.90M234.30M300.90M330.70M336.30M335.90M335.30M312.40M77.72M536.10M1.22B1.28B1.22B1.14B903.30M948.60M1.02B1.01B1.19B1.56B1.59B1.55B1.63B1.95B2.47B
Total Liabilities46.00M33.22M98.40M77.90M51.10M58.60M109.70M106.00M148.80M168.10M165.50M50.58M366.20M903.80M959.90M920.80M914.50M649.10M672.20M512.50M490.80M596.90M622.70M629.20M604.00M634.00M597.70M470.90M
Total Equity14.30M101.44M198.60M197.80M182.90M242.00M220.70M230.30M187.10M167.20M146.90M27.14M169.90M312.60M324.10M295.80M224.30M254.20M276.40M511.50M519.30M589.10M925.30M945.10M936.30M976.00M1.35B2.00B
Cash2.90M34.32M18.50M61.10M99.10M89.60M54.40M12.90M5.40M8.60M3.20M5.91M10.80M69.80M49.00M55.70M34.70M28.50M69.10M129.60M182.70M172.60M380.80M349.40M81.30M72.80M329.30M560.60M
Total Debt6.70M2.70M37.70M42.10M2.90M700.00K200.00K700.00K51.40M76.70M83.00M56.30M226.70M655.90M650.30M644.70M656.50M445.10M432.00M294.30M367.40M343.40M348.50M339.50M301.80M321.40M282.00M145.80M
Net Debt3.80M-31.62M19.20M-19.00M-96.20M-85.90M-54.20M-7.00M46.00M68.10M79.30M46.40M215.90M586.30M601.30M589.00M623.00M415.60M361.90M163.90M111.50M170.00M-32.30M-9.90M220.50M248.60M-47.30M-414.80M

Cash Flow

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-3.90M13.44M-38.30M5.20M33.00M8.20M8.50M7.30M4.00M-900.00K-5.80M6.21M28.30M2.70M53.60M21.30M6.10M-29.70M-12.40M-27.00M18.10M30.00M46.60M30.80M-25.70M65.20M49.70M-42.10M
Investing Cash Flow-4.60M-42.94M-14.70M-5.00M-3.70M-42.90M-43.50M-52.10M--17.00M-2.40M-1.51M-209.20M-395.60M-165.10M-12.70M-17.20M-5.70M-13.90M-25.80M40.50M-43.70M-87.30M-52.10M-177.40M-43.80M-69.70M-88.30M
Financing Cash Flow10.50M60.97M37.50M42.30M10.60M26.30M10.20M4.60M51.20M21.10M2.80M-1.46M181.90M452.40M90.90M-2.00M-9.70M-214.70M63.10M113.40M1.70M3.50M247.70M-9.30M-63.30M-30.70M277.60M360.70M
Capital Expenditure4.10M3.23M5.70M5.00M3.70M7.40M7.80M8.00M7.10M900.00K900.00K1.58M2.30M7.50M16.60M16.60M14.20M11.30M9.20M26.50M22.60M26.30M35.90M46.50M45.40M52.40M58.20M95.30M
Free Cash Flow-8.00M10.22M-44.00M200.00K29.30M800.00K700.00K-700.00K-3.10M-1.80M-6.70M4.63M26.00M-4.80M37.00M4.70M-8.10M-41.00M-21.60M-53.50M-4.50M3.70M10.70M-15.70M-71.10M12.80M-8.50M-137.40M
Dividends Paid-------------427.70M000000-3.10M1.40M3.20M6.30M---
FCF to OCF205.13%75.99%114.88%3.85%88.79%9.76%8.24%-9.59%-77.50%200.00%115.52%74.53%91.87%-177.78%69.03%22.07%-132.79%138.05%174.19%198.15%-24.86%12.33%22.96%-50.97%276.65%19.63%-17.10%326.37%
Dividend Paid to FCF--------------8910.42%0.00%0.00%0.00%0.00%0.00%0.00%-83.78%13.08%-20.38%-8.86%---

Earnings

Report DateFeb 3, 2000Apr 26, 2000Jul 26, 2000Oct 25, 2000Feb 14, 2001May 9, 2001Aug 8, 2001Nov 7, 2001Feb 13, 2002May 8, 2002Aug 7, 2002Nov 6, 2002Feb 12, 2003May 5, 2003Aug 4, 2003Oct 30, 2003Feb 19, 2004Apr 27, 2004Aug 4, 2004Nov 4, 2004Feb 17, 2005May 4, 2005Aug 4, 2005Nov 7, 2005Mar 14, 2006May 9, 2006Aug 8, 2006Nov 9, 2006Mar 13, 2007May 9, 2007Sep 11, 2007Nov 9, 2007Mar 28, 2008May 9, 2008Aug 7, 2008Nov 6, 2008Mar 9, 2009May 12, 2009Aug 6, 2009Nov 3, 2009Mar 10, 2010Apr 29, 2010Aug 5, 2010Nov 4, 2010Mar 1, 2011May 5, 2011Aug 4, 2011Nov 3, 2011Mar 7, 2012May 3, 2012Aug 2, 2012Nov 8, 2012Mar 12, 2013May 9, 2013Aug 8, 2013Nov 7, 2013Mar 11, 2014Apr 30, 2014Aug 7, 2014Nov 6, 2014Mar 12, 2015May 7, 2015Aug 6, 2015Nov 5, 2015Mar 10, 2016May 4, 2016Aug 4, 2016Nov 2, 2016Feb 27, 2017May 4, 2017Jul 27, 2017Nov 2, 2017Feb 28, 2018May 10, 2018Aug 2, 2018Nov 6, 2018Feb 28, 2019May 8, 2019Jul 31, 2019Nov 5, 2019Feb 24, 2020May 7, 2020Aug 4, 2020Oct 29, 2020Feb 25, 2021May 5, 2021Aug 3, 2021Nov 3, 2021Feb 22, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 23, 2023May 3, 2023Aug 3, 2023Nov 2, 2023Feb 13, 2024May 7, 2024Aug 7, 2024Nov 7, 2024Feb 11, 2025May 7, 2025Aug 7, 2025Nov 4, 2025Feb 19, 2026May 6, 2026Aug 4, 2026Nov 3, 2026
EPS Estimate0.671.081.181.902.20-0.15-0.200.480.18-0.36-0.200.370.450.350.600.731.100.731.000.880.770.480.600.770.530.200.080.08---0.500.15-----0.100.100.02-0.01-0.080.050.110.020.120.01-0.050.01-0.120.140.18-0.070.080.010.010.06-0.09-0.010.130.07-0.12-0.050.07-0.110.03-0.06-0.04-0.05-0.06-0.010.030.070.010.020.030.060.020.060.070.100.070.060.090.100.050.060.070.090.010.040.060.080.040.050.080.080.050.080.080.100.090.050.120.170.130.060.15
EPS Actual1.001.201.802.102.40-1.100.400.20-1.50-0.900.400.400.500.600.700.901.100.801.00-2.200.800.500.600.800.20-0.10-0.10-0.10-7.50-2.72-1.00-1.10-1.55-0.240.10-0.10-0.30-3.30-0.200.140.030.020.100.140.020.11-0.14-0.10-0.25-0.090.060.18-0.040.060.020.020.06-0.060.020.100.11-0.09-0.02-0.020.02-0.130.010.030.02-0.010.010.030.090.050.020.080.090.080.080.090.090.090.080.140.080.060.060.090.110.040.070.090.080.060.090.120.120.110.140.110.130.120.070.140.180.160.15-
Surprise49.25%11.11%52.54%10.53%9.09%-633.33%300.00%-58.33%-933.33%-150.00%300.00%8.11%11.11%71.43%16.67%23.29%0.00%9.59%0.00%-350.00%3.90%4.17%0.00%3.90%-62.26%-150.00%-225.00%-225.00%---100.00%-833.33%------3400.00%-300.00%600.00%400.00%125.00%100.00%27.27%0.00%-8.33%-1500.00%-100.00%-2600.00%25.00%-57.14%0.00%42.86%-25.00%100.00%100.00%0.00%33.33%300.00%-23.08%57.14%25.00%60.00%-128.57%118.18%-533.33%116.67%175.00%140.00%83.33%200.00%0.00%28.57%400.00%0.00%166.67%50.00%300.00%33.33%28.57%-10.00%28.57%33.33%55.56%-20.00%20.00%0.00%28.57%22.22%300.00%75.00%50.00%0.00%50.00%80.00%50.00%50.00%120.00%75.00%37.50%27.83%33.33%40.00%16.67%9.09%23.08%150.00%-
Timing----After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours---After-hours---After-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap8.27B
Enterprise Value7.42B
Trailing P/E259.24
Forward P/E45.25
PEG Ratio34.12
Price / Sales5.43
Price / Book2.53
EPS0.17
Book Value18.27
Revenue (TTM)1.52B
Gross Profit (TTM)350.20M
EBITDA87.00M
Profit Margin2.03%
Operating Margin-0.17%
Return on Equity1.15%
Return on Assets0.43%
Shares Outstanding187.72M
Shares Float185.27M
Beta1.11
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 19 analystsTarget 102.76
  • Strong Buy
    12
  • Buy
    3
  • Hold
    4

Ownership Breakdown

Institutions
85.38%
Insiders
1.28%
Retail / Other
13.34%

Top Institutional Holders

  • BlackRock Inc
    31.66M16.87%
  • State Street Corp
    8.91M4.75%
  • Vanguard Portfolio Management, LLC
    8.65M4.61%
  • Vanguard Capital Management, LLC
    8.27M4.41%
  • First Trust Advisors L.P.
    6.02M3.20%
  • Geode Capital Management, LLC
    5.26M2.80%
  • Amvescap Plc.
    5.14M2.74%
  • Franklin Templeton Inc
    3.98M2.12%
  • ARK Investment Management LLC
    3.49M1.86%
  • Van Eck Associates Corporation
    3.09M1.65%
  • Delaware Management Holdings Inc
    2.78M1.48%
  • Hood River Capital Management LLC
    2.71M1.45%
  • Dimensional Fund Advisors, Inc.
    2.64M1.41%
  • Morgan Stanley - Brokerage Accounts
    2.51M1.34%

Top Fund Holders

  • First Trust RBA Amer Indl RenaisTM ETF
    6.61M3.52%
  • iShares Core S&P Mid-Cap ETF
    6.57M3.50%
  • Vanguard MStar Total Stk Mkt Idx Invest
    5.97M3.18%
  • Vanguard Small Cap Index
    4.32M2.30%
  • Stt Strt® SPDR® S&P® Arspc & Dfnc ETF
    3.04M1.62%
  • VanEck Defense ETF A USD Acc
    2.86M1.52%

Stock Splits

  • Sep 11, 20091:10