Kratos Defense & Security Solutions, Inc.

KTOS Industrials Aerospace & Defense

Kratos Defense & Security Solutions, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 18.5% from fiscal 2024.

Revenue
+30.5%
EPS
0.00%
Free cash flow
+12.4%
Total debt
−42.2%

Quarter to June 2026, against a year earlier

35.93 5.06 −12.34%
Market cap
$7.7B
P/E
241×
Fwd P/E
209×
Dividend yield
—
F-score
4/9
Altman Z
16.42
Beneish M
−1.87
Dividend safety
n/a

Kratos Defense & Security Solutions, Inc. (KTOS) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Kratos Defense & Security Solutions, Inc. (KTOS) trades at a EV/EBITDA of 67.1×. Over the past ten years it has ranged from 16.3× (March 2020) to 244× (January 2026); the current reading is higher than 82% 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 139× 195.68%
FY2024 47.1× 29.77%
FY2023 36.3× (2.30%)
FY2022 37.1× (0.17%)
FY2021 37.2× (22.57%)
FY2020 48.0× 75.12%
FY2019 27.4× (13.95%)
FY2018 31.9× 1.38%
FY2017 31.4× (73.33%)
FY2016 118× 330.99%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 84.7× (31.42%)
Mar 2026 123× (11.31%)
Dec 2025 139× (28.84%)
Sep 2025 196× 119.22%
42 more quarters

Against its own ten years

Low 16.3× High 244×
Ten-year median 38.4×
Current reading's percentile 82

EV/EBITDA against peers

Company EV/EBITDA
SARO StandardAero, Inc. compare 13.0×
HXL Hexcel Corporation compare 19.2×
MOG.A Moog Inc. compare 19.5×
DRS Leonardo DRS, Inc. compare 19.5×
BWXT BWX Technologies, Inc. compare 20.6×
AVAV AeroVironment, Inc. compare 28.5×
LOAR Loar Holdings Inc. compare 37.0×
KRMN Karman Holdings Inc. compare 38.6×
KTOS Kratos Defense & Security Solutions, Inc. 67.1×
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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