Kratos Defense & Security Solutions, Inc. (KTOS) is a Industrials stock trading at $56.17 (as of 2026-08-20), with a market capitalization of $10.53B and a trailing P/E of 358.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Kratos Defense & Security Solutions, Inc. operates as a government contractor of the U.S. Department of Defense. The company operates through two segments, Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment offers microwave electronic products, space and satellite communications, training and cybersecurity/ warfare, C5ISR/ modular systems, turbine technologies, and defense and rocket support services. The Unmanned Systems segment provides unmanned aerial systems, and unmanned ground and seaborne systems. It serves national security related agencies, the department of defense, intelligence agencies, and classified agencies, as well as international government agencies and domestic and international commercial customers. Kratos Defense & Security Solutions, Inc. was incorporated in 1994 and is headquartered in San Diego, California.
Kratos Defense & Security Solutions builds and delivers defense and security systems for U.S. national security customers, earning revenue from government contracting work across its two segments, Kratos Government Solutions and Unmanned Systems.
With a high Fixed Price Contract Mix (69 percent), the company’s profit depends on executing delivered work profitably while translating new orders into revenue (Book-to-Bill Ratio 1.6).
| Gov Solutions | $0.3B |
| Unmanned Systems | $0.1B |
Business quality (Mixed): Track record metrics (Book-to-Bill Ratio, pipeline record) suggest demand momentum, but the profit model is exposed to execution risk given the high fixed-price contract mix and thin operating margin reported for the latest period.
Valuation: At 319× earnings, KTOS trades 752% above the Defense average (37×). Note: one-time items can distort reported P/E.
| Price | $56.17 |
| Market Cap | $10.53B |
| P/E Ratio | 358.3 |
| EV / EBITDA | 121.6 |
| Price / Book | 3.09 |
| Price / Sales | 7.44 |
| FCF Yield | -1.6% |
| DCF Value (model) | $3.39 |
| DCF Upside vs Price | -94.0% |
| Revenue (TTM) | $1.35B |
| Net Margin | 1.6% |
| Revenue Growth (YoY) | 22.6% |
| EPS Growth (YoY) | 133.3% |
| FCF Growth (YoY) | -8.7% |
| Altman Z-Score | 12.87 (safe) |
| Piotroski F-Score | 4/9 (moderate) |
| Stock P/E | 358.3 |
| Sector P/E (Industrials) | 25.9 |
| Industry P/E (Defense) | 53.3 |
| vs Sector | 1283.9% |
| vs Industry | 572.5% |
| Top Institutional Holder | BlackRock, Inc. ($2.23B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 5 |
| Sector | Industrials |
| Industry | Defense |
| CEO | Eric DeMarco |
| Employees | 4,000 |
| Country | US |
| IPO Date | 1999-11-05 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.