Karman Holdings Inc.

KRMN Industrials Aerospace & Defense

Karman Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $471.5 million, up 36.6% from fiscal 2024.

Revenue
+58.2%
EPS
+120.0%
Free cash flow
+17.7%
Total debt
+80.0%

Quarter to June 2026, against a year earlier

33.98 5.53 −14.00%
Market cap
$5.2B
P/E
136×
Fwd P/E
80.9×
Dividend yield
—
F-score
6/9
Altman Z
8.93
Beneish M
−1.90
Dividend safety
n/a

Karman Holdings Inc. (KRMN) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Karman Holdings Inc. (KRMN) trades at a EV/EBITDA of 38.6×. Over the past ten years it has ranged from 30.7× (October 2026) to 135× (January 2026); the current reading is higher than 9% of that period. That is above the Aerospace & Defense industry median of 19.0× and above the Industrials sector median of 13.1×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 87.3× 58.74%
FY2024 55.0× 0.00%
FY2023 55.0× 0.00%
FY2022 55.0× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 47.5× (43.42%)
Mar 2026 84.0× (3.86%)
Dec 2025 87.3× (6.57%)
Sep 2025 93.5× 31.67%
6 more quarters

Against its own ten years

Low 30.7× High 135×
Ten-year median 68.0×
Current reading's percentile 9

EV/EBITDA against peers

Company EV/EBITDA
BETA BETA Technologies, Inc. compare n/m
PL Planet Labs PBC compare n/m
DPC DPC Holdings PLC compare n/m
AIR AAR Corp. compare 13.9×
HXL Hexcel Corporation compare 19.2×
AVAV AeroVironment, Inc. compare 28.5×
VSEC VSE Corporation compare 32.3×
KRMN Karman Holdings Inc. 38.6×
MRCY Mercury Systems Inc compare 68.7×
Aerospace & Defense industry median 19.0×
Industrials sector median 13.1×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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