Kratos Defense & Security Solutions (KTOS)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 287,200 | 268,600 | 226,000 | 225,100 | 203,200 |
| Revenue | US$ in thousands | 1,136,300 | 1,037,100 | 898,300 | 811,500 | 747,700 |
| Gross profit margin | 25.28% | 25.90% | 25.16% | 27.74% | 27.18% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $287,200K ÷ $1,136,300K
= 25.28%
The gross profit margin of Kratos Defense & Security Solutions has exhibited moderate fluctuations over the specified period. At the end of December 2020, the gross profit margin stood at 27.18%. This margin experienced a slight increase in 2021, reaching 27.74%, indicating a marginal improvement in the company's ability to retain gross profit per dollar of revenue generated. However, in 2022, the gross profit margin declined notably to 25.16%, reflecting a decrease of approximately 2.58 percentage points from the prior year, which may suggest increased cost pressures, pricing challenges, or changes in sales mix.
In 2023, the gross profit margin showed some recovery, rising to 25.90%, signifying a partial rebound and slight enhancement in gross profitability. Nonetheless, in 2024, the margin slightly contracted again to 25.28%, indicating a small reduction in gross profitability compared to 2023. Overall, the gross profit margin has remained within a relatively narrow range, generally oscillating between roughly 25% and 28%, with the most significant dip occurring in 2022. This pattern may suggest a period of stability interrupted by a temporary decline, possibly attributable to external factors such as market conditions, cost increases, or strategic shifts in product or service offerings.
Peer comparison
Dec 31, 2024