Karman KRMN
- Market cap
- $4.9B
- PE
- 126×
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 8.2×
- EV/EBIT
- 57.3×
- Revenue, 12 months
- $589.6M
- +50% on a year ago
- Net margin
- 6.3%
- Free cash flow yield
- −0.6%
Karman trades at 126× trailing earnings. Revenue was $589.6M over the last twelve months, up 50% on a year earlier with a 6% net margin.
Charts
Financials
| Income statement | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| $83M | $85M | $86M | $91.2M | $100.1M+21% | $115.1M+35% | $121.8M+42% | $134.5M+47% | $151.2M+51% | $182.1M+58% | |
| Cost of revenue | $54M | $50.4M | $52.2M | $56.5M | $60.7M+12% | $68.1M+35% | $71.8M+38% | $80.9M+43% | $87.3M+44% | $103.8M+53% |
| Gross profit | $29M | $34.6M | $33.8M | $34.7M | $39.5M+36% | $47M+36% | $49.9M+48% | $53.6M+54% | $63.9M+62% | $78.2M+66% |
| SG&A | $10.1M | $10M | $11.2M | $13.2M | $23.3M+131% | $19.4M+94% | $20M+79% | $22.9M+74% | $28.6M+23% | $31.3M+61% |
| $13.5M | $18.3M | $17.4M | $14.4M | $10M−26% | $20.1M+10% | $21.8M+25% | $21.1M+47% | $21.5M+115% | $34.8M+73% | |
| Interest expense | $12.1M | $13.4M | $12.5M | $12.7M | $11.4M−6% | $11.9M−11% | $10M−20% | $11.3M−11% | $12.6M+11% | $15.3M+29% |
| Pre-tax income | $2.2M | $4.9M | $5.2M | $2M | −$1.5M | $8.6M+75% | $11.9M+127% | $13.6M+586% | $8.6M | $19.3M+124% |
| $87K | $312K | $933K | $295K | $3.3M+3702% | $1.8M+472% | $4.2M+352% | $5.8M+1882% | $838K−75% | $5.2M+193% | |
| Net income | $2.1M | $4.6M | $4.3M | $1.7M | −$4.8M | $6.8M+48% | $7.6M+78% | $7.7M+358% | $7.8M | $14M+106% |
| $0.01 | $0.03 | $0.03 | $0.01 | −$0.04 | $0.05+67% | $0.06+100% | $0.06+500% | $0.06 | $0.11+120% | |
| 166.8M | 166.7M | 166.7M | 166.7M | 132.2M−21% | 132.3M−21% | 132.3M−21% | 132.3M−21% | 132.5M+0% | 132.5M+0% |
EPS, diluted: Q4 FY24 and Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: Q4 FY24 and Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Aerospace & Defense nearest Karman's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| KRMNKarman | $4.9B | 126× | 206× | 8.2× | +50% | 6.3% | |
| LOARLoar | $5.8B | 85.5× | 104× | 9.8× | +30% | 11.6% | |
| AIRAAR | $3.8B | 19.5× | 31.9× | 1.1× | +22% | 5.5% | |
| THOThor Industries | $3.6B | 20.7× | 19.0× | 0.4× | +0% | 1.8% | |
| SAROStandardAero | $7.2B | 22.5× | 33.3× | 1.1× | +13% | 5.1% | |
| KTOSKratos Defense & Security Solutions | $7.3B | 228× | 177× | 4.8× | +26% | 2.0% | |
| HOGHarley-Davidson | $3B | 17.8× | 11.9× | 0.7× | −5% | 4.8% | |
| DRSLeonardo DRS | $9.2B | 29.0× | 38.8× | 2.4× | +10% | 8.5% | |
| ATROAstronics | $2.5B | 30.2× | 19.8× | 2.6× | +14% | 8.4% | |
| HIIHuntington Ingalls Industries | $10.8B | 16.3× | 15.9× | 0.8× | +14% | 5.0% | |
| TXTTextron | $13.2B | 14.5× | 17.8× | 0.9× | +9% | 6.1% | |
| Peer median | $6.5B | 21.6× | 25.8× | 1.1× | +13% | 5.3% |
Investors who own it
Investors we follow who held Karman at the end of Jun 30, 2026, from their 13F filings.
- Ron BaronBaron Capital0.1% of portfolioadded
More on Karman
Each number over time
Where it ranks
Its groups
About
- Industry
- Aerospace & Defense
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .