KBR, Inc.

KBR Industrials Engineering & Construction

KBR, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.8 billion, up 0.99% from fiscal 2024. In the quarter to June 2026, revenue grew 1.64%, EPS grew 33.9%, free cash flow fell 83.3% and total debt fell 2.37%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for three; insiders bought in the last twelve months.

36.38 0.06 −0.16%
Market cap
$4.6B
P/E
11.0×
Fwd P/E
9.6×
Dividend yield
1.81%
F-score
8/9
Altman Z
2.61
Beneish M
−2.58
Dividend safety
78/100

Insider Decisions trades per month

Total buys 0.95
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — 4 — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 1.49%

Capital & Financial Ratios $m

Market Cap 4,590.00
Revenue 7,723.00
Net Income 430.00
Free Cash Flow 358.00
Net Debt 2,240.00
Current Ratio 1.15
Debt/Equity 1.55
P/E ratio 10.96
Fwd P/E 9.63
P/S ratio 0.59
P/B ratio 2.79
Past 5Y EPS Growth —
This Y EPS Growth 1.84%
Next Y EPS Growth 1.83%
Next Y revenue growth 3.37%
Next 5Y EPS Growth (0.04%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 26.54%
10-year low 10-year high
P/S against its own 10 years 31.55%
10-year low 10-year high
P/B against its own 10 years 44.82%
10-year low 10-year high
EV/Sales against its own 10 years 49.58%
10-year low 10-year high
EV/FCF against its own 10 years 54.22%
10-year low 10-year high

Dividends

Payout Ratio 0.20
Annual Dividend Rate 0.66
Annual Dividend Yield 1.81%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.67
0.17
0.17
0.17
2025 0.66
0.17
0.17
0.17
0.17
2024 0.60
0.15
0.15
0.15
0.15
2023 0.54
0.14
0.14
0.14
0.14
2022 0.48
0.12
0.12
0.12
0.12
2021 0.44
0.11
0.11
0.11
0.11
2020 0.40
0.10
0.10
0.10
0.10
2019 0.32
0.08
0.08
0.08
0.08
2018 0.32
0.08
0.08
0.08
0.08
2017 0.32
0.08
0.08
0.08
0.08
2016 0.32
0.08
0.08
0.08
0.08
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 304 342 500 312
Receivables 981 1,066 1,086 1,109
Inventory — — — —
Other 366 444 446 542
1,651 1,873 2,051 1,978
2023 2024 2025 Q'26
Payables 593 772 712 749
ST’ Debt 31 36 49 49
Other 608 608 566 596
1,572 1,782 1,688 1,723

Compound Annual Growth %

10y 5y 3y
Sales 4.33% 6.19% 5.86%
Cash Flow 28.05% 8.70% 12.04%
Earnings 7.41% 0.00% 29.75%
Book Value 3.69% (1.24%) (2.51%)

Revenue $m

Mar Jun Sep Dec Year
’26 1,923 1,984 — — —
’25 2,018 1,952 1,931 1,885 7,786
’24 1,818 1,847 1,937 2,108 7,710
’23 1,703 1,753 1,770 1,730 6,956
’22 1,714 1,616 1,626 1,608 6,564
’21 1,461 1,536 1,843 2,499 7,339
’20 1,537 1,385 1,379 1,466 5,767
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 110 50 — — —
’25 91 217 198 51 557
’24 91 165 153 41 450
’23 35 253 (40) 53 301
’22 89 125 122 60 396
’21 50 104 122 2 278
’20 41 109 95 122 367
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 98 34 — — —
’25 89 203 192 34 518
’24 72 166 141 26 405
’23 16 234 (62) 51 239
’22 101 154 102 15 372
’21 37 94 160 (6) 292
’20 39 108 91 110 348
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.80 0.75 — — —
’25 0.88 0.56 0.90 0.87 3.21
’24 0.69 0.79 0.75 0.57 2.79
’23 0.56 (2.60) (0.16) 0.15 (1.96)
’22 (0.51) 0.61 0.49 0.62 1.26
’21 0.33 (1.08) 0.38 0.46 0.12
’20 (0.73) (0.28) 0.36 0.20 (0.51)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 11.61 13.36 13.90 14.82 12.00 28.43 41.77 47.70 51.60 39.52

Analyst estimates 2026–2028

Powerpack
High 17.95 21.25 22.22 30.85 31.92 47.81 56.94 65.87 72.60 60.98
People
People Employees 27,500 20,000 25,000 28,000 29,000 28,000 30,000 34,000 10,000 9,000
Revenue/emp, $m 0.16 0.21 0.20 0.20 0.20 0.26 0.22 0.20 0.77 0.87
Income, $m
Income, $m Revenue 4,268 4,171 4,913 5,639 5,767 7,339 6,564 6,956 7,710 7,786
Gross margin, % 2.62 10.53 11.89 11.58 11.55 10.98 12.61 14.05 14.25 14.77
EBT 33 247 396 268 (14) 146 284 (165) 508 614
EBT margin, % 0.77 5.92 8.06 4.75 (0.24) 1.99 4.33 (2.37) 6.59 7.89
Net income (51) 440 310 209 (42) 35 192 (261) 381 403
Depreciation 45 48 63 104 214 146 137 141 156 169
Per share, $
Per share, $ Revenue 30.06 29.58 35.09 39.99 40.61 52.42 47.22 51.53 57.54 60.36
Earnings (0.43) 3.06 1.99 1.41 (0.51) 0.12 1.26 (1.96) 2.79 3.21
Cash flow 0.43 1.37 1.18 1.82 2.58 1.99 2.85 2.23 3.36 4.32
Capex (0.08) (0.06) 0.06 (0.08) (0.13) 0.10 (0.17) (0.46) (0.34) (0.30)
Free cash flow 0.35 1.31 1.24 1.74 2.45 2.09 2.68 1.77 3.02 4.02
Book value 5.25 8.66 12.27 13.14 11.33 12.02 11.74 10.33 10.95 11.72
Shares, m 142 141 140 141 142 140 139 135 134 129
Valuation, ×
Valuation, × P/E 0.00 6.51 7.59 21.63 0.00 529.11 43.19 0.00 20.69 12.52
P/S 0.57 0.67 0.43 0.76 0.76 0.91 1.11 1.08 1.01 0.67
P/B 3.29 2.30 1.24 2.32 2.73 3.96 4.45 5.41 5.29 3.43
EV/Sales 0.61 0.69 0.54 0.85 0.96 1.12 1.31 1.30 1.30 0.94
EV/FCF 52.22 15.56 15.26 18.07 15.94 28.73 23.60 39.11 25.10 14.25
Cash, $m
Cash, $m Operating cash flow 61 193 165 256 367 278 396 301 450 557
Capex (11) (8) 8 (11) (19) 14 (24) (62) (45) (39)
Free cash flow 50 185 173 245 348 292 372 239 405 518
Balance, $m
Balance, $m Working capital 488 354 540 510 179 277 (74) 79 91 363
Total debt 693 508 1,253 1,201 1,591 1,891 1,740 1,832 2,569 2,596
Net debt 157 69 514 489 1,155 1,521 1,351 1,528 2,227 2,096
Shareholders’ equity 745 1,221 1,718 1,853 1,609 1,683 1,632 1,394 1,467 1,512
Returns, %
Returns, % ROA (1.61) 11.05 6.44 3.88 (1.14) 0.45 3.23 (4.76) 6.13 6.27
ROIC 1.94 12.79 13.10 9.66 1.29 4.51 7.19 9.60 11.15 13.48
ROE (6.79) 43.95 19.12 11.31 (3.64) 1.64 11.46 (17.51) 26.21 27.86
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

KBR, Inc. vs peers in Engineering & Construction (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ECG Everus Construction Group, Inc. $5.7B 22.0× — +33.65% (above 0%: growing) +57.69% (above 0%: growing) +140.72% (above 0%: growing) 14.85% 9.08% Compare
AGX Argan, Inc. $5.2B 26.9× 58.0× +61.51% (above 0%: growing) +47.86% (above 0%: growing) +178.70% (above 0%: growing) 19.33% 14.79% Compare
LGN Legence Corp. $4.9B — (loss-making) 13.0× +110.74% (above 0%: growing) n/m +106.83% (above 0%: growing) 17.45% (0.52%) Compare
GVA Granite Construction Incorporated $4.8B — (loss-making) 26.2× +29.30% (above 0%: growing) n/m +755.66% (above 0%: growing) 16.40% 8.71% Compare
ROAD Construction Partners, Inc. $4.7B 32.2× 38.5× +28.25% (above 0%: growing) +33.75% (above 0%: growing) −19.66% (below 0%: shrinking) 16.85% 10.94% Compare
KBR KBR, Inc. $4.6B 11.0× 9.6× +1.64% (above 0%: growing) +33.93% (above 0%: growing) −83.25% (below 0%: shrinking) 14.77% 8.67%
MYRG MYR Group, Inc. $4.5B 26.4× 39.8× +20.15% (above 0%: growing) +88.24% (above 0%: growing) −283.31% (below 0%: shrinking) 13.19% 6.28% Compare
TPC Tutor Perini Corporation $4.1B 32.9× 19.8× +19.17% (above 0%: growing) +228.95% (above 0%: growing) −35.14% (below 0%: shrinking) 12.91% 7.19% Compare
PRIM Primoris Services Corporation $4.0B 28.4× 30.5× −10.71% (below 0%: shrinking) n/m −149.14% (below 0%: shrinking) 4.88% (1.59%) Compare
Median of peers $4.7B 27.6× 30.5× +28.77% +57.69% +43.59% 15.63% 7.95%

All 51 Engineering & Construction stocks →

KBR, Inc. (KBR) key facts

  • Strength: KBR, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.8 billion, up 0.99% from fiscal 2024.
  • KBR, Inc. (KBR) is an Engineering & Construction company in the Industrials sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, KBR traded at $36.38, a market capitalization of $4.6 billion.
  • KBR, Inc. pays an annual dividend of $0.66 per share, a yield of 1.81%, with a payout ratio of 19.9%.
  • Return on equity was 27.9% and debt-to-equity 1.55.
  • Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 2.61 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

KBR, Inc. (KBR) Latest News

stockrow.com/KBR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com