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) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, Kratos Defense & Security Solutions, Inc. (KTOS) trades at a P/B ratio of 2.3×. Over the past ten years it has ranged from 0.7× (January 2016) to 10.7× (January 2026); the current reading is higher than 41% of that period. That is below the Aerospace & Defense industry median of 3.0× and in line with the Industrials sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 6.2× 112.99%
FY2024 2.9× 10.02%
FY2023 2.6× 94.51%
FY2022 1.4× (46.93%)
FY2021 2.6× (25.30%)
FY2020 3.4× 2.97%
FY2019 3.3× 18.07%
FY2018 2.8× 46.86%
FY2017 1.9× 17.48%
FY2016 1.6× 72.40%

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.7× (24.94%)
Mar 2026 3.7× (40.91%)
Dec 2025 6.2× (21.31%)
Sep 2025 7.9× 113.07%
42 more quarters

Against its own ten years

Low 0.7× High 10.7×
Ten-year median 2.5×
Current reading's percentile 36

P/B ratio against peers

Company P/B ratio
AVAV AeroVironment, Inc. compare 1.4×
KTOS Kratos Defense & Security Solutions, Inc. 2.3×
SARO StandardAero, Inc. compare 3.0×
DRS Leonardo DRS, Inc. compare 3.6×
HXL Hexcel Corporation compare 4.7×
MOG.A Moog Inc. compare 5.2×
LOAR Loar Holdings Inc. compare 5.3×
BWXT BWX Technologies, Inc. compare 8.5×
KRMN Karman Holdings Inc. compare 12.4×
Aerospace & Defense industry median 3.0×
Industrials sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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