KBRNYSEHeavy Construction Other Than Bldg Const - ContractorsFiscal year ends January 1
KBR, INC.
Financials through Q2 FY2026, quarter ended Jul 3, 2026Last filing: 10-Q on Jul 30, 2026
$36.76+0.38 (+1.04%)
Close on Oct 19, 2026
- Market cap
- $4.67B
- P/E (TTM)
- 11.0
- Dividend yield
- 1.80%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
14.8%+3.2 pts over 5 years
Operating margin
10.0%+9.0 pts over 5 years
Net margin
5.3%+6.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.0% | +5.9% | +6.2% | +4.3% | |
| Gross profit | +4.6% | +11.6% | +11.5% | +13.5% | |
| Operating income | +18.1% | +31.4% | +68.7% | +9.6% | |
| Net income | +10.7% | +29.7% | – | +7.4% | |
| EPS, diluted | +15.1% | +36.6% | – | +8.7% | |
| Free cash flow | +29.4% | +16.6% | +8.2% | +30.1% | |
| Dividend per share | +10.0% | +11.2% | +10.5% | +7.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -7.7% | -3.7% | 28.1% | |
| Return on assets | -1.9% | -1.1% | 6.3% | |
| Current ratio | 1.31 | 1.12 | 1.22 | |
| Debt to equity | – | 1.01 | 1.73 | |
| Net debt to EBITDA | – | 6.74× | 2.21× | |
| Interest coverage | 1.5× | 0.8× | 4.9× | |
| Capex to revenue | 0.3% | 0.3% | 0.5% | |
| Diluted shares | 142M | 142M | 129M |
Where the cash went
Fiscal 2021 to 2025, five years combined
KBR generated $1.98B from operations and spent $1.59B on capital expenditure, dividends and share buybacks. 16% of that went back into the business.
Generated
$1.98B
Used
$1.59B
Capital expenditure$257.00M16%Dividends$362.00M23%Share buybacks$970.00M61%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.3%
×Asset turnover1.18×
×Equity multiplier4.48×
=Return on equity, FY202528.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.3% | 1.18× | 4.48× | 28.1% |
| FY2024 | 4.9% | 1.26× | 4.31× | 26.4% |
| FY2023 | -3.8% | 1.25× | 3.71× | -17.6% |
| FY2022 | 2.9% | 1.12× | 3.58× | 11.6% |
| FY2021 | 0.4% | 1.23× | 3.67× | 1.7% |
| FY2020 | -1.1% | 1.04× | 3.24× | -3.7% |
| FY2019 | 3.6% | 1.08× | 2.94× | 11.4% |
| FY2018 | 5.7% | 1.13× | 2.97× | 19.2% |
| FY2017 | 10.4% | 1.07× | 3.93× | 43.5% |
| FY2016 | -1.6% | 1.13× | 4.15× | -7.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$415.00M
- Cash generatingOperating cash flow above zero$557.00M
- Return on assets improvedROA up on the prior year6.7% → 6.2%
- Earnings backed by cashOperating cash flow above net income$557.00M vs $415.00M
- Less leverageLong-term debt to assets fell38.0% → 38.7%
- Better liquidityCurrent ratio rose1.05 → 1.22
- No dilutionShare count did not rise134M → 129M
- Gross margin improvedGross margin up on the prior year14.25% → 14.77%
- More efficientAsset turnover rose1.39 → 1.17