Kratos Defense & Security Solutions (KTOS)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 16,300 | -8,900 | -34,100 | 500 | 79,600 |
| Revenue | US$ in thousands | 1,136,300 | 1,037,100 | 898,300 | 811,500 | 747,700 |
| Net profit margin | 1.43% | -0.86% | -3.80% | 0.06% | 10.65% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $16,300K ÷ $1,136,300K
= 1.43%
The net profit margin of Kratos Defense & Security Solutions demonstrates notable fluctuations over the period from December 31, 2020, to December 31, 2024. In 2020, the company achieved a robust net profit margin of 10.65%, indicating effective cost control and profitable operations relative to revenue. However, by December 31, 2021, the net profit margin sharply declined to a minimal 0.06%, reflecting a substantial decrease in profitability, potentially due to increased expenses, lower revenues, or one-time charges impacting net income.
The downward trend continued into 2022, with the net profit margin turning negative at -3.80%, signaling that the company experienced operating losses or significant expenses surpassing revenues during that year. This negative margin persisted into 2023 at -0.86%, showing a slight improvement but still remaining in loss territory.
Interestingly, by December 31, 2024, Kratos reversed this negative trend, posting a positive net profit margin of 1.43%. This shift suggests a recovery in profitability, potentially attributable to improved operational efficiencies, revenue growth, or cost management strategies implemented during the intervening period. Overall, the data indicates that Kratos experienced a period of volatility with critical challenges in maintaining profit margins but demonstrated signs of financial improvement by late 2024.
Peer comparison
Dec 31, 2024