Karman Holdings Inc./$KRMN
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Karman Holdings Inc.
Karman Holdings Inc specializes in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Its integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (DoD) and space sector initiatives. Its engineered solutions are organized into three key families: Payload Protection and Deployment Systems, Aerodynamic Interstage Systems, and Propulsion Systems. The company's solutions are deployed across three growing, core end markets: Hypersonics & Strategic Missile Defense, Missile & Integrated Defense Systems, and Space & Launch.
- Ticker
- $KRMN
- Sector
- Industrials
- Primary listing
- NYSE
- Employees
- 1,400
- Headquarters
- Huntington Beach, United States
- Website
- karman-sd.com
KRMN Metrics
BasicAdvanced
$4.9B
136.91
$0.27
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-
Price and volume
Market cap
$4.9B
52-week high
$118.38
52-week low
$29.34
Average daily volume
3.8M
Financial strength
Current ratio
3.555
Quick ratio
3.269
Long term debt to equity
2.047
Total debt to equity
2.079
Interest coverage (TTM)
2.00%
Profitability
EBITDA (TTM)
155.983
Gross margin (TTM)
41.67%
Net profit margin (TTM)
6.31%
Operating margin (TTM)
16.72%
Effective tax rate (TTM)
30.26%
Revenue per employee (TTM)
$420,000
Management effectiveness
Return on assets (TTM)
5.14%
Return on equity (TTM)
9.50%
Valuation
Price to earnings (TTM)
136.908
Price to revenue (TTM)
8.303
Price to book
11.64
Price to tangible book (TTM)
-12.13
Price to free cash flow (TTM)
-176.91
Free cash flow yield (TTM)
-0.57%
Free cash flow per share (TTM)
-0.209
Growth
Revenue change (TTM)
50.23%
Earnings per share change (TTM)
405.74%
What the Analysts think about KRMN
Analyst ratings (Buy, Hold, Sell) for Karman Holdings Inc. stock.
Analyst projections of the future price of Karman Holdings Inc. stock.
Bulls say / Bears say
Second-quarter revenue rose 58.2%, including 24.4% organic growth, and Karman raised its 2026 revenue and adjusted EBITDA outlook. That points to strong current execution, not just growth from acquisitions. (Karman Space & Defense)
Backlog reached a record $1.3 billion, up 65% from fiscal year-end 2025, after nearly $500 million of quarterly bookings. This gives Karman substantial near-term work to convert into sales. (Karman Space & Defense)
Four customers provided contingent written commitments for minimum order volumes with a potential value above $1 billion over four to seven years. If those customers secure their own funding and schedules, the commitments could support growth beyond the current backlog, though they are not firm contracts yet. (Karman Space & Defense)
Borrowings rose substantially to fund acquisitions, while operating cash flow was negative in the first half and interest expense was significant. If working capital continues to absorb cash, leverage could limit Karman’s room to invest or repay debt. (Last10K)
Two customers each accounted for more than 10% of first-half revenue, leaving Karman exposed if a major customer cuts or delays orders. That concentration matters in a business where programme schedules can shift. (Last10K, The Motley Fool)
A recent research note put Karman at about 28 times guided 2026 adjusted EBITDA and roughly 70 times forecast earnings. Such a premium leaves the shares vulnerable if growth, margins or backlog conversion disappoint. (J Capital Research)
Data summarised monthly by Lightyear AI. Last updated on 1 Oct 2026.
KRMN Financial Performance
Revenues and expenses
KRMN Earnings Performance
Company profitability
Upcoming events
No upcoming events
KRMN News
AllArticlesVideos
Karman Space & Defense Schedules Third Quarter Fiscal Year 2026 Earnings Release, Conference Call and Webcast
Business Wire5 days ago
Karman Space & Defense Awarded $218 Million Long-Term Agreement to Support THAAD Production
Business Wire1 week ago
Karman Space & Defense to Participate in Upcoming Investor Conferences
Business Wire2 months ago
Funds containing KRMN
AllUSDEURGBP
Fund name | Fund size | $KRMN weighting |
|---|---|---|
Invesco Defence Innovation$IDFN | $161M | 1.86% |
Invesco Defence Innovation£DFNX | $161M | 1.86% |
VanEck Defense€DFEN | $7.2B | 1.22% |
Vaneck Defense£DFNG | $7.2B | 1.22% |
Global X Defence Tech$ARMR | $537M | 0.41% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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