Last 48 quarters of trend data · Industrials · Aerospace & Defense
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Kratos Defense & Security Solutions, Inc.'s quarterly P/E stands at 256.9x, up 0.5% year-over-year. EV/EBITDA has expanded 928.3% YoY to 618.5x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 438.46 | 256.93 | 569.65 | 431.40 | 573.00 | 255.67 | 219.83 | 291.13 | 100.05 | 459.50 | 253.62 | — | — |
| — | +0.5% | +159.1% | +48.2% | +472.7% | -44.4% | -13.3% | — | — | — | — | — | — | |
| P/S Ratio | 7.93 | 8.70 | 9.75 | 10.73 | 5.13 | 3.96 | 3.60 | 3.25 | 2.56 | 2.35 | 2.49 | 1.77 | 1.74 |
| — | +119.7% | +170.5% | +229.9% | +100.6% | +68.8% | +44.7% | +83.5% | +46.8% | +27.7% | +89.0% | +13.2% | -13.0% | |
| P/B Ratio | 4.94 | 3.78 | 6.74 | 7.53 | 3.68 | 3.45 | 3.02 | 2.67 | 2.31 | 1.96 | 2.73 | 2.00 | 1.86 |
| — | +9.6% | +123.5% | +181.7% | +59.3% | +76.4% | +10.4% | +33.5% | +23.9% | +8.5% | +97.0% | +31.9% | -1.8% | |
| P/FCF | — | — | — | — | — | — | 31.88 | — | — | — | 14.17 | — | 36.10 |
| — | — | — | — | — | — | +124.9% | — | — | — | — | — | — | |
| EV / EBITDA | 118.42 | 618.46 | 110.82 | 190.61 | 90.69 | 60.15 | 62.63 | 44.75 | 28.85 | 32.23 | 31.13 | 23.44 | 29.13 |
| — | +928.3% | +76.9% | +326.0% | +214.4% | +86.6% | +101.2% | +90.9% | -1.0% | -26.9% | +16.9% | -55.5% | -54.9% | |
| EV / EBIT | 371.92 | — | 270.18 | 304.33 | 453.44 | 190.94 | 61.12 | 151.22 | 59.77 | 91.48 | 53.91 | 46.09 | 75.64 |
| — | — | +342.1% | +101.3% | +658.6% | +108.7% | +13.4% | +228.1% | -21.0% | -96.3% | -11.5% | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Kratos Defense & Security Solutions, Inc.'s operating margin was 1.3% in Q1 2026, down 1.7 pp QoQ and down 0.9 pp YoY. Gross margin contracted 61.5% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.1% | 9.4% | 21.4% | 22.2% | 21.0% | 24.3% | 24.7% | 25.1% | 25.7% | 25.6% | 26.3% | 26.7% | 24.9% |
| — | -61.5% | -13.3% | -11.6% | -18.4% | -5.0% | -6.1% | -6.2% | +3.4% | -0.0% | +6.6% | +11.3% | -3.5% | |
| Operating Margin | 2.1% | 1.3% | 3.0% | 2.0% | 1.1% | 2.2% | 1.1% | 2.4% | 4.2% | 2.5% | 4.3% | 4.4% | 2.6% |
| — | -41.9% | +181.6% | -13.3% | -74.7% | -13.6% | -75.2% | -47.0% | +59.7% | +1070.7% | +159.8% | +382.1% | +407.7% | |
| Net Margin | 1.6% | 3.2% | 1.7% | 2.5% | 0.8% | 1.5% | 1.4% | 1.2% | 2.6% | 0.5% | 0.9% | -0.6% | -1.1% |
| — | +115.7% | +24.1% | +115.8% | -68.7% | +217.1% | +57.2% | +299.0% | +350.5% | +115.5% | +126.3% | +83.3% | +49.9% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.3% | 0.4% | 0.3% | 0.4% | 0.2% | 0.3% | 0.3% | 0.2% | 0.6% | 0.1% | 0.2% | -0.2% | -0.3% |
| — | +34.0% | +2.5% | +84.3% | -70.8% | +194.0% | +18.8% | +244.7% | +309.6% | +115.1% | +127.7% | +80.5% | +42.9% | |
| ROA | 1.0% | 0.4% | 0.2% | 0.3% | 0.1% | 0.2% | 0.2% | 0.2% | 0.4% | 0.1% | 0.1% | -0.1% | -0.2% |
| — | +60.7% | +19.5% | +107.7% | -69.4% | +210.4% | +35.6% | +264.8% | +338.4% | +116.3% | +128.0% | +80.0% | +42.0% | |
| ROIC | 1.4% | 0.2% | 0.5% | 0.4% | 0.2% | 0.4% | 0.2% | 0.4% | 0.8% | 0.4% | 0.7% | 0.8% | 0.4% |
| — | -48.4% | +178.6% | -8.9% | -74.5% | -14.4% | -75.4% | -48.7% | +81.5% | +1244.8% | +168.9% | +422.0% | +419.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Kratos Defense & Security Solutions, Inc.'s Debt/EBITDA ratio is 39.4x, up from 6.1x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 98.4% YoY to 5.63x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.09 | 0.05 | 0.09 | 0.07 | 0.14 | 0.20 | 0.21 | 0.16 | 0.17 | 0.17 | 0.32 | 0.30 | 0.30 |
| — | -73.4% | -56.8% | -58.8% | -15.9% | +19.8% | -35.3% | -44.7% | -42.8% | -46.7% | +1.1% | -17.2% | -16.5% | |
| Debt / EBITDA | 2.06 | 39.45 | 6.09 | 7.07 | 15.10 | 14.16 | 17.52 | 11.27 | 8.70 | 11.73 | 13.45 | 12.36 | 16.36 |
| — | +178.6% | -65.2% | -37.3% | +73.6% | +20.8% | +30.2% | -8.9% | -46.8% | -56.8% | -35.8% | -71.5% | -62.5% | |
| Current Ratio | 4.06 | 5.63 | 4.06 | 4.30 | 4.43 | 2.84 | 2.94 | 3.22 | 3.13 | 3.02 | 2.03 | 2.30 | 2.34 |
| — | +98.4% | +38.2% | +33.7% | +41.8% | -6.3% | +44.7% | +40.0% | +33.4% | +26.0% | -18.3% | -18.4% | -14.5% | |
| Quick Ratio | 3.46 | 5.63 | 3.46 | 3.68 | 3.88 | 2.26 | 2.39 | 2.61 | 2.56 | 2.47 | 1.50 | 1.73 | 1.76 |
| — | +149.2% | +44.4% | +41.0% | +51.7% | -8.6% | +59.8% | +51.0% | +45.2% | +33.3% | -23.3% | -23.3% | -20.7% | |
| Interest Coverage | 4.24 | 1.04 | — | — | — | 7.00 | 1.32 | — | — | 2.43 | 2.38 | 2.33 | 1.31 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Kratos Defense & Security Solutions, Inc.'s current P/E is 438.5x. The average P/E over the last 4 quarters is 457.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Kratos Defense & Security Solutions, Inc.'s current operating margin is 2.1%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Kratos Defense & Security Solutions, Inc.'s business trajectory between earnings reports.