Company logo

KTOS - Kratos Defense & Security Solutions, Inc.

NASDAQ -> Industrials -> Aerospace & Defense
San Diego, United States

KTOS price evolution
KTOS
(in millions $) 30 Sep 2021 30 Jun 2021 31 Mar 2021 31 Dec 2020
Current assets
Cash $369.9 $369.3 $383.6 $381.5
Short term investments
Net receivables $274.7 $265 $264.6 $272.3
Inventory $90.9 $90.7 $85.7 $81.2
Total current assets $772.6 $768.7 $768.6 $764.8
Long term investments
Property, plant & equipment $197.6 $185.6 $187.7 $186.7
Goodwill & intangible assets $523 $524.1 $525.3 $526.9
Total noncurrent assets $805.2 $793.6 $796.6 $798
Total investments
Total assets $1577.8 $1562.3 $1565.2 $1562.8
Current liabilities
Accounts payable $43.6 $59.9 $51.9 $55.4
Deferred revenue $57.7 $43.5 $41.1 $34
Short long term debt $9.2 $9.3 $8.9 $8.9
Total current liabilities $210.6 $202.1 $210.2 $197.6
Long term debt $330.5 $335.6 $336.7 $339.6
Total noncurrent liabilities $410.3 $409.7 $411.2 $425.1
Total debt $339.7 $344.9 $345.6 $348.5
Total liabilities $620.9 $611.8 $621.4 $622.7
Shareholders' equity
Retained earnings -$631.8 -$629.4 -$630.5 -$632.4
Other shareholder equity $1.3 $2.2 $1.6 $1.4
Total shareholder equity $941.8 $935.9 $929 $925.3
(in millions $) 31 Dec 2020 31 Dec 2019 31 Dec 2018 31 Dec 2017
Current assets
Cash $381.5 $172.6 $183 $130
Short term investments
Net receivables $272.3 $264.4 $237.4 $268.4
Inventory $81.2 $61.1 $46.8 $50.4
Total current assets $764.8 $522.2 $494.7 $471.3
Long term investments
Property, plant & equipment $186.7 $159 $67.1 $61.2
Goodwill & intangible assets $526.9 $495.1 $441.8 $483.2
Total noncurrent assets $798 $663.8 $515.4 $552.7
Total investments
Total assets $1562.8 $1186 $1010.1 $1024
Current liabilities
Accounts payable $55.4 $53.8 $46.6 $48.8
Deferred revenue $34 $34.3 $34.9 $47.2
Short long term debt $8.9 $9.9 $0.8
Total current liabilities $197.6 $182.7 $164.7 $188.9
Long term debt $339.6 $332.7 $294.2 $293.5
Total noncurrent liabilities $425.1 $414.2 $326.1 $323.6
Total debt $348.5 $342.6 $294.2 $294.3
Total liabilities $622.7 $596.9 $490.8 $512.5
Shareholders' equity
Retained earnings -$632.4 -$712 -$724.5 -$720.8
Other shareholder equity $1.4 -$0.4 -$0.7 -$1.4
Total shareholder equity $925.3 $574.1 $519.3 $511.5
(in millions $) 30 Sep 2021 30 Jun 2021 31 Mar 2021 31 Dec 2020
Revenue
Total revenue $200.6 $205.1 $194.2 $206.4
Cost of revenue $140 $153.1 $143.2 $152.1
Gross Profit $60.6 $52 $51 $54.3
Operating activities
Research & development $8 $10.2 $8 $7.6
Selling, general & administrative $41.8 $38.2 $37.9 $37.3
Total operating expenses $50.1 $48.7 $46.1 $45.3
Operating income $10.5 $3.3 $4.9 $9
Income from continuing operations
EBIT $9.2 $3.2 $5.1 $8.7
Income tax expense $5.7 -$3.6 -$2.7 -$75.3
Interest expense $5.9 $5.7 $5.9 $5.9
Net income
Net income -$2.4 $1.1 $1.9 $78.1
Income (for common shares) -$2.4 $1.1 $1.9 $78.1
(in millions $) 31 Dec 2020 31 Dec 2019 31 Dec 2018 31 Dec 2017
Revenue
Total revenue $747.7 $717.5 $618 $751.9
Cost of revenue $544.5 $527.5 $448.3 $554.6
Gross Profit $203.2 $190 $169.7 $197.3
Operating activities
Research & development $27 $18 $15.6 $17.8
Selling, general & administrative $144.5 $130.8 $119.8 $160.6
Total operating expenses $173.9 $152 $139.2 $203.1
Operating income $29.3 $38 $30.5 -$5.8
Income from continuing operations
EBIT $28.9 $38.9 $21.9 -$22.3
Income tax expense -$73.5 $4.8 $4.6 -$8.2
Interest expense $22.8 $21.6 $20.8 $28.6
Net income
Net income $79.6 $12.5 -$3.5 -$42.7
Income (for common shares) $79.6 $12.5 -$3.5 -$42.7
(in millions $) 30 Sep 2021 30 Jun 2021 31 Mar 2021 31 Dec 2020
Net income -$2.4 $1.1 $1.9 $78.1
Operating activities
Depreciation $8.3 $9.3 $8.5 $8.2
Business acquisitions & disposals -$1.1 -$5.1 -$7.6
Stock-based compensation $6.4 $6.6 $6.2 $6.5
Total cash flows from operations $12.3 -$1 $22.2 $25.4
Investing activities
Capital expenditures -$12.9 -$10.9 -$9.6 -$12.9
Investments
Total cash flows from investing -$8.4 -$12 -$14.7 -$20.5
Financing activities
Dividends paid
Sale and purchase of stock $3.4 $2.5 -$0.6
Net borrowings -$5.4 -$0.2 -$0.2 $0.3
Total cash flows from financing -$2.6 -$1.6 -$4.8 -$0.3
Effect of exchange rate -$0.7 $0.3 -$0.6 $1.5
Change in cash and equivalents $0.6 -$14.3 $2.1 $6.1
(in millions $) 31 Dec 2020 31 Dec 2019 31 Dec 2018 31 Dec 2017
Net income $79.6 $12.5 -$3.5 -$42.7
Operating activities
Depreciation $34 $35.1 $17.9 $22.5
Business acquisitions & disposals -$51.5 -$17.7 -$2.9
Stock-based compensation $21 $11 $7.2 $7.8
Total cash flows from operations $46.6 $30 $10.4 -$27
Investing activities
Capital expenditures -$35.9 -$26.3 -$22.6 -$26.5
Investments
Total cash flows from investing -$87.3 -$43.7 $40.5 -$26.4
Financing activities
Dividends paid
Sale and purchase of stock $243.8 $4 $2.6 $270.6
Net borrowings $3.9 -$0.5 -$0.9 -$156.4
Total cash flows from financing $247.7 $3.5 $1.7 $113.4
Effect of exchange rate $1.9 -$0.2 -$0.5 $0.5
Change in cash and equivalents $208.9 -$10.4 $52.1 $60.5
Fundamentals
Market cap $2.52B
Enterprise value $2.49B
Shares outstanding 123.99M
Revenue $806.30M
EBITDA $60.50M
EBIT $26.20M
Net Income $78.70M
Revenue Q/Q -0.69%
Revenue Y/Y 11.00%
P/E ratio 31.97
EV/Sales 3.08
EV/EBITDA 41.08
EV/EBIT 94.87
P/S ratio 3.12
P/B ratio 2.67
Book/Share 7.59
Cash/Share 2.98
EPS $0.63
ROA 5.02%
ROE 8.44%
Debt/Equity 0.67
Net debt/EBITDA 4.15
Current ratio 3.67
Quick ratio 3.24