KBR · Kbr, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $7.79B | $7.74B | $6.96B | $6.56B | $7.34B | $5.77B |
| Cost of Revenue | $6.64B | $6.64B | $5.98B | $5.74B | $6.53B | $5.10B |
| Gross Profit | $1.15B | $1.10B | $977.00M | $828.00M | $806.00M | $666.00M |
| R&D | - | - | - | - | - | - |
| SG&A | $578.00M | $544.00M | $488.00M | $420.00M | $393.00M | $335.00M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $169.00M | $156.00M | $141.00M | $137.00M | $146.00M | $115.00M |
| Operating Income | $778.00M | $662.00M | $448.00M | $343.00M | $231.00M | $57.00M |
| Interest Expense | $158.00M | $144.00M | $115.00M | $87.00M | $92.00M | $83.00M |
| Income Tax | $156.00M | $130.00M | $95.00M | $92.00M | $108.00M | $26.00M |
| Net Income | $415.00M | $375.00M | ($265.00M) | $190.00M | $18.00M | ($72.00M) |
| EPS - Basic | $3.21 | $2.79 | ($1.96) | $1.36 | $0.13 | ($0.51) |
| EPS - Diluted | $3.21 | $2.79 | ($1.96) | $1.26 | $0.12 | ($0.51) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $500.00M | $350.00M | $304.00M | $389.00M | $370.00M | $436.00M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $712.00M | $777.00M | $593.00M | $637.00M | $1.03B | $574.00M |
| Current Assets | $2.05B | $1.87B | $1.65B | $1.75B | $2.15B | $1.63B |
| Total Assets | $6.58B | $6.66B | $5.57B | $5.57B | $6.20B | $5.71B |
| Current Liabilities | $1.69B | $1.78B | $1.57B | $1.82B | $1.88B | $1.46B |
| Long-term Debt | $2.55B | $2.53B | $1.80B | $1.38B | $1.85B | $1.58B |
| Total Liabilities | $5.07B | $5.20B | $4.17B | $3.93B | $4.50B | $4.10B |
| Stockholders' Equity | $1.50B | $1.45B | $1.38B | $1.62B | $1.69B | $1.58B |
| Retained Earnings | $1.70B | $1.37B | $1.07B | $1.41B | $1.26B | $1.30B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $450.00M | $462.00M | $331.00M | $396.00M | $278.00M | $367.00M |
| Investing Cash Flow | ($751.00M) | ($776.00M) | ($70.00M) | $37.00M | ($428.00M) | ($877.00M) |
| Financing Cash Flow | $374.00M | $374.00M | ($359.00M) | ($399.00M) | $87.00M | $225.00M |
| CapEx | $42.00M | $77.00M | $80.00M | $71.00M | $20.00M | $20.00M |
| Free Cash Flow | $408.00M | $385.00M | $251.00M | $325.00M | $258.00M | $347.00M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 14.8% | 14.2% | 14.0% | 12.6% | 11.0% | 11.5% |
| Operating margin | 10.0% | 8.6% | 6.4% | 5.2% | 3.1% | 1.0% |
| EBITDA margin | 12.2% | 10.6% | 8.5% | 7.3% | 5.1% | 3.0% |
| Net margin | 5.3% | 4.8% | -3.8% | 2.9% | 0.2% | -1.2% |
| Free cash flow margin | 5.2% | 5.0% | 3.6% | 5.0% | 3.5% | 6.0% |
| FCF / Net income | 0.98 | 1.03 | -0.95 | 1.71 | 14.33 | -4.82 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 7.4% | 7.0% | 7.0% | 6.4% | 5.4% | 5.8% |
| Effective tax rate | 27.3% | 25.7% | - | 32.6% | 85.7% | - |
| Return on assets | 6.3% | 5.6% | -4.8% | 3.4% | 0.3% | -1.3% |
| Return on equity | 27.6% | 25.8% | -19.2% | 11.7% | 1.1% | -4.6% |
| Return on invested capital | 14.0% | 12.3% | 11.1% | 7.7% | 3.3% | 1.4% |
| Liquidity | ||||||
| Current ratio | 1.22 | 1.05 | 1.05 | 0.96 | 1.15 | 1.12 |
| Quick ratio | 1.22 | 1.05 | 1.05 | 0.96 | 1.15 | 1.12 |
| Cash ratio | 0.30 | 0.20 | 0.19 | 0.21 | 0.20 | 0.30 |
| Leverage | ||||||
| Debt / Equity | 1.69 | 1.74 | 1.30 | 0.85 | 1.10 | 1.00 |
| Debt / Assets | 0.39 | 0.38 | 0.32 | 0.25 | 0.30 | 0.28 |
| Debt / EBITDA | 2.69 | 3.10 | 3.06 | 2.87 | 4.91 | 9.21 |
| Interest coverage | 4.9x | 4.6x | 3.9x | 3.9x | 2.5x | 0.7x |
| Equity multiplier | 4.38 | 4.59 | 4.02 | 3.44 | 3.67 | 3.61 |
| Liabilities / Assets | 0.77 | 0.78 | 0.75 | 0.71 | 0.73 | 0.72 |
| Efficiency | ||||||
| Asset turnover | 1.18 | 1.16 | 1.25 | 1.18 | 1.18 | 1.01 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 39d | 43d | 36d | 41d | 57d | 41d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 12.6x | 21.2x | - | 41.9x | 396.8x | - |
| P / B | 3.5x | 5.4x | 5.4x | 5.1x | 4.1x | 2.8x |
| P / S | 0.7x | 1.0x | 1.1x | 1.3x | 0.9x | 0.8x |
| EV / EBITDA | 7.7x | 12.3x | 15.2x | 19.2x | 22.2x | 32.2x |
| Growth | ||||||
| Revenue growth (YoY) | 0.6% | 11.3% | 6.0% | -10.6% | 27.3% | 2.3% |
| Revenue CAGR (3y) | 5.9% | 1.8% | 6.4% | 5.2% | 14.3% | 11.4% |
| Revenue CAGR (5y) | 6.2% | 6.5% | 7.2% | 9.5% | 11.5% | 2.5% |
| Gross profit growth (YoY) | 4.3% | 12.9% | 18.0% | 2.7% | 21.0% | 2.0% |
| Operating income growth (YoY) | 17.5% | 47.8% | 30.6% | 48.5% | 305.3% | -84.3% |
| Net income growth (YoY) | 10.7% | - | - | 955.6% | - | - |
| EPS growth (YoY) | 15.1% | - | - | 950.0% | - | - |
| EPS CAGR (3y) | 36.6% | 185.4% | - | -3.7% | -60.8% | - |
| EPS CAGR (5y) | - | 14.6% | - | -16.3% | - | - |
| FCF growth (YoY) | 6.0% | 53.4% | -22.8% | 26.0% | -25.6% | 47.0% |
| FCF CAGR (5y) | 3.3% | 10.3% | 11.1% | 11.9% | 38.8% | 56.5% |
| Book value growth (YoY) | 3.4% | 5.1% | -14.6% | -4.0% | 6.8% | -14.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-02.
Business segments
$7.79B totalMission Technology Solutions$5.58B · 71.7%
Sustainable Technology Solutions$2.21B · 28.3%
Product / service
$5.58B totalDefense And Intel$3.18B · 56.9%
Readiness And Sustainment$1.28B · 22.9%
Science And Space$1.13B · 20.2%
Geographic
$5.58B totalUS$3.77B · 67.6%
Europe$1.31B · 23.5%
AU$219.00M · 3.9%
Middle East$123.00M · 2.2%
Africa$77.00M · 1.4%
Other Countries$57.00M · 1.0%
Asia$20.00M · 0.4%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.93
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
8/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Heavy Construction Other Than Bldg Const - Contractors
Comparing KBR against the 5 most active filers in the same SIC group.
Dividends
$0.66/share trailing 12 months · +7.3% YoY
| Ex-date | Per share |
|---|---|
| Mar 13, 2026 | $0.1650 |
| Dec 15, 2025 | $0.1650 |
| Sep 15, 2025 | $0.1650 |
| Jun 13, 2025 | $0.1650 |
| Mar 14, 2025 | $0.1650 |
| Dec 13, 2024 | $0.1500 |
| Sep 16, 2024 | $0.1500 |
| Jun 17, 2024 | $0.1500 |
| Mar 14, 2024 | $0.1500 |
| Dec 14, 2023 | $0.1350 |
| Sep 14, 2023 | $0.1350 |
| Jun 14, 2023 | $0.1350 |
| Mar 14, 2023 | $0.1350 |
| Dec 14, 2022 | $0.1200 |
| Sep 14, 2022 | $0.1200 |
| Jun 14, 2022 | $0.1200 |
| Mar 14, 2022 | $0.1200 |
| Dec 14, 2021 | $0.1100 |
| Sep 14, 2021 | $0.1100 |
| Jun 14, 2021 | $0.1100 |
| Apr 1, 2021 | $0.1100 |
| Dec 14, 2020 | $0.1000 |
| Sep 14, 2020 | $0.1000 |
| Jun 12, 2020 | $0.1000 |