Kratos Defense & Security Solutions (KTOS)
Net profit margin
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 19,500 | 16,300 | 14,800 | 10,000 | -600 | -7,700 | -18,400 | -24,800 | -26,800 | -36,700 | -31,000 | -25,400 | -19,600 | -2,000 | 78,700 | 83,500 | 81,700 | 79,600 | 4,500 | 4,600 |
| Revenue (ttm) | US$ in thousands | 1,161,700 | 1,136,300 | 1,127,000 | 1,125,700 | 1,082,500 | 1,037,100 | 1,012,600 | 966,600 | 933,900 | 898,300 | 860,600 | 832,600 | 813,500 | 811,500 | 806,300 | 807,700 | 773,000 | 747,700 | 726,400 | 708,500 |
| Net profit margin | 1.68% | 1.43% | 1.31% | 0.89% | -0.06% | -0.74% | -1.82% | -2.57% | -2.87% | -4.09% | -3.60% | -3.05% | -2.41% | -0.25% | 9.76% | 10.34% | 10.57% | 10.65% | 0.62% | 0.65% |
March 31, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $19,500K ÷ $1,161,700K
= 1.68%
The net profit margin of Kratos Defense & Security Solutions has undergone significant fluctuations over the analyzed period. Starting from a modest 0.65% on June 30, 2020, and slightly decreasing to 0.62% by September 30, 2020, the margin experienced a substantial increase, reaching 10.65% by December 31, 2020. This elevated level persisted through March 31 and June 30, 2021, at approximately 10.57% and 10.34%, respectively, indicating a period of strong profitability.
However, beginning from the end of 2021, the net profit margin deteriorated sharply, turning negative with a count of -0.25% at December 31, 2021, and further declining to -2.41% by March 31, 2022. The negative trend extended into 2022 and 2023, with margins reaching as low as -4.09% on December 31, 2022. During this period, the company experienced continuous losses, reflecting challenges in maintaining profitability.
In 2023, there was a discernible trend towards recovery, with the net profit margin improving from -2.87% in March 2023 to -0.74% at the end of December 2023. The upward trajectory continued into 2024, with margins turning positive at 0.89% on June 30, 2024, and further increasing to 1.31% on September 30, 2024, and 1.43% by December 31, 2024. The most recent data shows a continued positive outlook with a projected net profit margin of 1.68% at March 31, 2025.
Overall, the company's net profit margin exhibits a pattern characterized by initial stability, a substantial peak in late 2020, a pronounced downturn into consecutive losses in 2021 and 2022, followed by a gradual improvement and return to profitability beginning in mid-2024. This trajectory suggests recent recovery efforts and improved operational performance after period-wide losses.
Peer comparison
Mar 31, 2025