KBR (KBR) Financials

$30.91 +0.41 (+1.35%)

Closing price 03:59 PM Eastern

Extended Trading

$31.12 +0.21 (+0.68%)

As of 07:59 PM Eastern

Annual Income Statements for KBR

This table shows KBR's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/29/2023	1/3/2025	1/2/2026
Net Income / (Loss) Attributable to Common Shareholders	203	-61	432	281	202	-63	27	190	-265	375	415
Consolidated Net Income / (Loss)	226	-51	440	310	209	-42	35	192	-261	381	403
Net Income / (Loss) Continuing Operations	226	-51	440	310	209	-42	35	192	-260	379	458
Total Pre-Tax Income	312	33	247	396	268	-14	146	284	-165	508	614
Total Operating Income	161	-63	194	281	362	27	401	423	335	552	568
Total Gross Profit	325	112	439	584	653	666	806	828	977	1,099	1,150
Total Revenue	5,096	4,268	4,171	4,913	5,639	5,767	7,339	6,564	6,956	7,710	7,786
Operating Revenue	5,096	4,268	4,171	4,913	5,639	5,767	7,339	6,564	6,956	7,710	7,786
Total Cost of Revenue	4,771	4,156	3,732	4,329	4,986	5,101	6,533	5,736	5,979	6,611	6,636
Operating Cost of Revenue	4,771	4,156	3,732	4,329	4,986	5,101	6,533	5,736	5,979	6,611	6,636
Total Operating Expenses	164	175	245	303	326	639	405	405	642	547	582
Selling, General & Admin Expense	155	133	244	294	341	335	407	420	487	543	578
Other Operating Expenses / (Income)	-	-	-	-	-	-	-	4.00	11	4.00	4.00
Other Special Charges / (Income)	-61	-7.00	-5.00	2.00	-17	-18	-2.00	-19	144	0.00	0.00
Total Other Income / (Expense), net	151	96	53	115	-59	-41	-255	-139	-500	-44	46
Interest Expense	11	13	21	66	99	72	80	87	609	144	158
Interest & Investment Income	149	91	70	187	35	30	-166	-64	114	107	210
Other Income / (Expense), net	13	18	4.00	-6.00	5.00	1.00	-9.00	12	-5.00	-7.00	-6.00
Income Tax Expense	86	84	-193	86	59	28	111	92	95	129	156
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-	-	-	-1.00	2.00	-55
Net Income / (Loss) Attributable to Noncontrolling Interest	23	10	8.00	29	7.00	21	8.00	2.00	4.00	6.00	-12
Basic Earnings per Share	$1.40	($0.43)	$3.05	$1.99	$1.42	($0.44)	$0.19	$1.36	($1.96)	$2.79	$3.21
Weighted Average Basic Shares Outstanding	144M	142M	141M	140M	141M	142M	140M	139M	135M	134M	129M
Diluted Earnings per Share	$1.40	($0.43)	$3.05	$1.99	$1.41	($0.44)	$0.19	$1.26	($1.96)	$2.79	$3.21
Weighted Average Diluted Shares Outstanding	144M	142M	141M	141M	142M	142M	141M	156M	135M	134M	129M
Weighted Average Basic & Diluted Shares Outstanding	145M	141.90M	141.80M	141.20M	141.94M	140.84M	139.50M	136.57M	135.07M	132.44M	126.47M
Cash Dividends to Common per Share	$0.32	$0.32	$0.32	$0.32	$0.32	$0.40	$0.44	$0.48	$0.54	$0.60	$0.66

This table shows KBR's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	1/3/2025	4/4/2025	7/4/2025	10/3/2025	1/2/2026	4/3/2026
Net Income / (Loss) Attributable to Common Shareholders	-21	21	93	106	100	76	116	73	115	111	102
Consolidated Net Income / (Loss)	-18	21	94	107	102	78	115	58	117	113	101
Net Income / (Loss) Continuing Operations	-18	21	94	106	102	78	121	106	118	119	103
Total Pre-Tax Income	5.00	47	129	146	134	101	164	145	152	160	143
Total Operating Income	115	111	136	140	146	132	160	143	121	151	129
Total Gross Profit	244	237	248	270	290	293	300	290	270	292	265
Total Revenue	1,770	1,730	1,818	1,847	1,937	2,122	2,018	1,952	1,931	1,848	1,923
Operating Revenue	1,770	1,730	1,818	1,847	1,937	2,122	2,018	1,952	1,931	1,848	1,923
Total Cost of Revenue	1,526	1,493	1,570	1,577	1,647	1,829	1,718	1,662	1,661	1,556	1,658
Operating Cost of Revenue	1,526	1,493	1,570	1,577	1,647	1,829	1,718	1,662	1,661	1,556	1,658
Total Operating Expenses	129	126	112	130	144	161	140	147	149	141	136
Selling, General & Admin Expense	127	118	121	129	140	154	140	146	149	138	133
Other Operating Expenses / (Income)	2.00	1.00	-9.00	1.00	4.00	8.00	0.00	1.00	0.00	3.00	3.00
Total Other Income / (Expense), net	-110	-64	-7.00	6.00	-12	-31	4.00	2.00	31	9.00	14
Interest Expense	144	-398	31	32	37	44	41	41	39	37	37
Interest & Investment Income	32	36	30	40	27	10	42	51	70	47	51
Other Income / (Expense), net	2.00	-498	-6.00	-2.00	-2.00	3.00	3.00	-8.00	0.00	-1.00	0.00
Income Tax Expense	23	26	35	40	32	23	43	39	34	41	40
Net Income / (Loss) Discontinued Operations	-	-	-	1.00	0.00	-	-6.00	-48	-1.00	-	-2.00
Net Income / (Loss) Attributable to Noncontrolling Interest	3.00	-	1.00	1.00	2.00	2.00	-1.00	-15	2.00	2.00	-1.00
Basic Earnings per Share	($0.16)	$0.18	$0.69	$0.79	$0.75	$0.56	$0.88	$0.56	$0.90	$0.87	$0.80
Weighted Average Basic Shares Outstanding	135M	135M	135M	134M	133M	134M	132M	129M	128M	129M	127M
Diluted Earnings per Share	($0.16)	$0.24	$0.69	$0.79	$0.75	$0.56	$0.88	$0.56	$0.90	$0.87	$0.80
Weighted Average Diluted Shares Outstanding	135M	135M	135M	134M	133M	134M	132M	129M	128M	129M	127M
Weighted Average Basic & Diluted Shares Outstanding	135.00M	135.07M	134.28M	133.05M	133.24M	132.44M	129.74M	128.84M	126.99M	126.47M	126.79M
Cash Dividends to Common per Share	$0.14	$0.14	$0.15	$0.15	$0.15	$0.15	$0.17	$0.17	$0.17	$0.16	$0.17

This table details how cash moves in and out of KBR's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/29/2023	1/3/2025	1/2/2026
Net Change in Cash & Equivalents	-87	-347	-97	300	-27	-276	-66	19	-85	46	155
Net Cash From Operating Activities	47	61	193	165	256	367	278	396	301	450	557
Net Cash From Continuing Operating Activities	47	61	193	165	256	367	278	396	301	450	557
Net Income / (Loss) Continuing Operations	226	-51	440	310	209	-42	35	192	-260	379	458
Consolidated Net Income / (Loss)	226	-51	440	310	209	-42	35	192	-261	381	403
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-	-	-	-1.00	2.00	-55
Depreciation Expense	39	45	48	63	104	115	146	137	141	156	169
Non-Cash Adjustments To Reconcile Net Income	-150	-21	67	-49	-26	212	154	40	533	-139	-132
Changes in Operating Assets and Liabilities, net	-68	88	-362	-159	-31	82	-57	27	-113	54	62
Net Cash From Investing Activities	101	-981	-12	-491	-158	-877	-428	37	-52	-751	16
Net Cash From Continuing Investing Activities	101	-981	-12	-491	-158	-877	-428	37	-52	-751	16
Purchase of Property, Plant & Equipment	-10	-11	-8.00	-17	-20	-20	-30	-71	-62	-52	-42
Acquisitions	-19	-972	-4.00	-698	-146	-858	-428	-73	0.00	-738	-14
Purchase of Investments	-	-	-	-	-	0.00	-7.00	-61	-39	-5.00	-10
Sale of Property, Plant & Equipment	130	2.00	2.00	25	9.00	1.00	44	47	0.00	7.00	3.00
Sale and/or Maturity of Investments	-	-	-	-	-	0.00	0.00	198	60	36	82
Other Investing Activities, net	0.00	0.00	-2.00	199	-1.00	0.00	-7.00	-3.00	-11	1.00	-3.00
Net Cash From Financing Activities	-192	584	-290	654	-133	225	87	-399	-359	374	-403
Net Cash From Continuing Financing Activities	-192	584	-290	654	-133	225	87	-399	-359	374	-403
Repayment of Debt	-16	-58	-189	-878	-74	-289	-49	-188	-1,210	-253	-545
Repurchase of Common Equity	-62	-4.00	-53	-3.00	-4.00	-51	-82	-203	-355	-251	-329
Payment of Dividends	-115	-55	-49	-103	-60	-58	-84	-66	-72	-89	-84
Issuance of Debt	0.00	700	0.00	1,675	0.00	619	290	58	785	967	555
Other Financing Activities, net	0.00	1.00	0.00	-61	-	-	0.00	0.00	493	0.00	0.00
Effect of Exchange Rate Changes	-43	-11	12	-28	8.00	9.00	-3.00	-15	13	-14	18
Other Net Changes in Cash	-	-	-	-	-	-	-	-	12	-13	-33
Cash Interest Paid	10	12	21	52	80	53	63	66	102	124	141
Cash Income Taxes Paid	66	49	144	21	54	49	49	47	52	82	83

This table details how cash moves in and out of KBR's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	1/3/2025	4/4/2025	7/4/2025	10/3/2025	1/2/2026	4/3/2026
Net Change in Cash & Equivalents	-191	-44	10	100	48	-112	92	-58	155	-34	-121
Net Cash From Operating Activities	-40	83	91	170	161	40	91	210	198	51	110
Net Cash From Continuing Operating Activities	-40	83	91	170	161	40	91	210	198	51	110
Net Income / (Loss) Continuing Operations	-18	21	94	107	102	78	121	112	118	113	103
Consolidated Net Income / (Loss)	-18	21	94	107	102	78	115	58	117	113	101
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-	-6.00	-	-1.00	-	-2.00
Depreciation Expense	34	37	36	35	41	44	41	45	43	40	41
Non-Cash Adjustments To Reconcile Net Income	1.00	83	-52	-4.00	-4.00	-46	16	-29	-18	-104	-50
Changes in Operating Assets and Liabilities, net	-57	-58	13	32	22	-36	-87	82	55	2.00	16
Net Cash From Investing Activities	-22	-27	11	-3.00	-759	-25	-3.00	-15	71	-31	-188
Net Cash From Continuing Investing Activities	-22	-27	11	-3.00	-759	-25	-3.00	-15	71	-31	-188
Purchase of Property, Plant & Equipment	-22	-20	-25	-10	-19	-23	-2.00	-7.00	-8.00	-18	-12
Acquisitions	-	-	-	-	-	1.00	0.00	-	-2.00	-1.00	-115
Purchase of Investments	-	-	-	-	-5.00	-	0.00	-	-	-10	-62
Other Investing Activities, net	-	-6.00	1.00	-	4.00	-4.00	-1.00	-	-	-3.00	1.00
Net Cash From Financing Activities	-124	-109	-91	-67	633	-101	-6.00	-213	-131	-53	-43
Net Cash From Continuing Financing Activities	-124	-109	-91	-67	633	-101	-6.00	-213	-131	-53	-43
Repayment of Debt	-206	-671	-96	-24	-53	-80	-105	-242	-191	-7.00	-159
Repurchase of Common Equity	-	-117	-94	-97	-9.00	-51	-156	-48	-100	-25	-4.00
Payment of Dividends	-18	-19	-18	-21	-30	-20	-20	-21	-22	-21	-21
Issuance of Debt	100	355	117	75	725	50	275	98	182	-	141
Effect of Exchange Rate Changes	-5.00	9.00	-1.00	-	13	-26	9.00	-	-	-1.00	2.00
Other Net Changes in Cash	-	-	-	-	-	-	1.00	-	-2.00	-	-2.00

This table presents KBR's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/29/2023	1/3/2025	1/2/2026
Total Assets	3,412	4,144	3,674	5,052	5,360	5,705	6,204	5,566	5,565	6,663	6,584
Total Current Assets	1,844	2,047	1,425	1,959	2,011	1,634	2,152	1,747	1,651	1,873	2,051
Cash & Equivalents	883	536	439	739	712	436	370	389	304	342	500
Note & Lease Receivable	628	592	510	927	938	899	1,411	942	981	1,066	1,086
Other Current Assets	109	503	476	293	361	299	371	416	366	444	446
Other Current Nonoperating Assets	-	-	-	-	-	-	-	-	-	21	19
Plant, Property, & Equipment, net	169	145	130	121	130	130	0.00	182	239	237	232
Total Noncurrent Assets	1,399	1,952	2,119	2,972	3,219	3,941	4,052	3,637	3,675	4,553	4,301
Long-Term Investments	281	369	387	724	846	881	576	188	206	192	107
Goodwill	324	959	968	1,265	1,265	1,761	2,060	2,087	2,109	2,630	2,677
Intangible Assets	35	248	239	516	495	683	708	645	618	763	727
Noncurrent Deferred & Refundable Income Taxes	99	118	300	222	236	297	231	213	239	209	162
Employee Benefit Assets	-	-	-	-	-	-	1.00	46	0.00	82	89
Other Noncurrent Operating Assets	660	258	225	147	377	319	476	458	503	599	539
Total Liabilities & Shareholders' Equity	3,412	4,144	3,674	5,052	5,360	5,705	6,204	5,566	5,565	6,663	6,584
Total Liabilities	2,360	3,399	2,453	3,334	3,507	4,096	4,521	3,934	4,171	5,196	5,072
Total Current Liabilities	1,393	1,559	1,071	1,419	1,501	1,455	1,875	1,821	1,572	1,782	1,688
Short-Term Debt	10	9.00	10	10	11	5.00	16	364	31	36	49
Accounts Payable	438	535	350	546	572	574	1,026	637	593	772	712
Current Employee Benefit Liabilities	173	171	186	221	209	283	317	325	340	351	342
Other Current Liabilities	263	292	525	642	709	593	516	495	608	608	566
Other Current Nonoperating Liabilities	-	-	-	-	-	-	-	-	-	15	19
Total Noncurrent Liabilities	967	1,840	1,382	1,915	2,006	2,641	2,646	2,113	2,599	3,414	3,384
Long-Term Debt	51	684	498	1,243	1,190	1,586	1,875	1,376	1,801	2,533	2,547
Noncurrent Deferred Revenue	178	168	85	84	92	96	95	117	106	122	83
Noncurrent Deferred & Payable Income Tax Liabilities	94	149	18	27	16	26	70	92	106	83	95
Noncurrent Employee Benefit Liabilities	438	639	509	359	392	491	199	105	120	135	144
Other Noncurrent Operating Liabilities	206	200	272	202	316	442	407	423	466	472	515
Commitments & Contingencies	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,052	745	1,221	1,718	1,853	1,609	1,683	1,632	1,394	1,467	1,512
Total Preferred & Common Equity	1,065	757	1,229	1,698	1,839	1,580	1,669	1,620	1,383	1,453	1,503
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,065	757	1,229	1,698	1,839	1,580	1,669	1,620	1,383	1,453	1,503
Common Stock	2,070	2,088	2,091	2,190	2,206	2,222	2,206	2,235	2,505	2,526	2,552
Retained Earnings	595	488	877	1,235	1,437	1,305	1,287	1,410	1,072	1,367	1,697
Treasury Stock	-769	-769	-818	-817	-817	-864	-943	-1,143	-1,279	-1,494	-1,818
Accumulated Other Comprehensive Income / (Loss)	-831	-1,050	-921	-910	-987	-1,083	-881	-882	-915	-946	-928
Noncontrolling Interest	-13	-12	-8.00	20	14	29	14	12	11	14	9.00

This table presents KBR's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/29/2023	3/29/2024	6/28/2024	9/27/2024	4/4/2025	7/4/2025	10/3/2025	4/3/2026
Total Assets	5,354	5,736	6,287	5,973	5,623	5,764	6,781	6,847	6,793	6,649	6,625
Total Current Assets	1,719	1,912	2,374	2,092	1,734	1,825	1,961	2,057	2,092	2,085	1,947
Cash & Equivalents	461	416	539	348	314	414	462	442	403	539	380
Note & Lease Receivable	909	1,076	1,022	1,014	1,007	992	1,095	1,150	1,213	1,122	1,039
Other Current Assets	349	420	813	730	413	419	404	465	446	407	512
Other Current Nonoperating Assets	-	-	-	-	-	-	-	-	30	17	16
Plant, Property, & Equipment, net	146	206	218	224	247	252	277	294	233	225	227
Total Noncurrent Assets	3,489	3,618	3,695	3,657	3,642	3,687	4,543	4,496	4,468	4,339	4,451
Long-Term Investments	177	172	188	193	178	185	188	178	181	104	216
Goodwill	2,056	2,095	2,107	2,090	2,110	2,111	2,553	2,643	2,693	2,674	2,671
Intangible Assets	633	642	639	618	605	595	885	753	761	740	709
Noncurrent Deferred & Refundable Income Taxes	184	205	196	190	205	197	200	196	179	150	151
Employee Benefit Assets	-	62	75	83	-	-	-	96	115	126	101
Other Noncurrent Operating Assets	439	442	490	483	544	599	717	630	539	545	603
Total Liabilities & Shareholders' Equity	5,354	5,736	6,287	5,973	5,623	5,764	6,781	6,847	6,793	6,649	6,625
Total Liabilities	3,785	4,079	4,658	4,408	4,204	4,353	5,267	5,417	5,304	5,180	5,036
Total Current Liabilities	1,389	1,928	2,252	2,127	1,579	1,653	1,827	1,857	1,857	1,771	1,684
Short-Term Debt	-	367	117	239	22	22	46	39	43	46	49
Accounts Payable	557	755	726	687	669	676	737	792	813	733	706
Current Employee Benefit Liabilities	322	285	327	308	301	359	397	369	341	385	349
Other Current Liabilities	510	521	1,082	893	587	596	647	657	622	583	562
Other Current Nonoperating Liabilities	-	-	-	-	-	-	-	-	38	24	18
Total Noncurrent Liabilities	2,396	2,151	2,406	2,281	2,625	2,700	3,440	3,560	3,447	3,409	3,352
Long-Term Debt	1,722	1,374	1,628	1,516	1,842	1,900	2,560	2,705	2,571	2,558	2,534
Noncurrent Deferred Revenue	90	118	117	101	106	107	111	124	128	85	94
Noncurrent Deferred & Payable Income Tax Liabilities	68	94	95	92	81	79	84	83	88	86	94
Noncurrent Employee Benefit Liabilities	115	94	106	113	111	119	128	118	135	139	134
Other Noncurrent Operating Liabilities	401	471	460	459	485	495	557	530	525	541	496
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,569	1,657	1,629	1,565	1,419	1,411	1,514	1,430	1,489	1,469	1,589
Total Preferred & Common Equity	1,563	1,644	1,615	1,554	1,408	1,402	1,503	1,417	1,487	1,464	1,584
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,563	1,644	1,615	1,554	1,408	1,402	1,503	1,417	1,487	1,464	1,584
Common Stock	2,228	2,244	2,616	2,624	2,514	2,519	2,520	2,534	2,539	2,546	2,561
Retained Earnings	1,334	1,478	1,109	1,069	1,145	1,231	1,311	1,461	1,513	1,607	1,778
Treasury Stock	-1,065	-1,203	-1,280	-1,278	-1,339	-1,437	-1,443	-1,648	-1,697	-1,793	-1,817
Accumulated Other Comprehensive Income / (Loss)	-934	-875	-830	-861	-912	-911	-885	-930	-868	-896	-938
Noncontrolling Interest	6.00	13	14	11	11	9.00	11	13	2.00	5.00	5.00

This table displays calculated financial ratios and metrics derived from KBR's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/29/2023	1/3/2025	1/2/2026
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-19.95%	-16.25%	-2.27%	17.79%	14.78%	2.27%	27.26%	-10.56%	5.97%	11.30%	0.99%
EBITDA Growth	124.54%	-100.00%	0.00%	37.40%	39.35%	-69.64%	276.22%	6.32%	-104.20%	3,033.33%	4.28%
EBIT Growth	118.51%	-125.86%	540.00%	38.89%	33.45%	-92.37%	1,300.00%	10.97%	-137.93%	432.12%	3.12%
NOPAT Growth	117.41%	-16.51%	254.94%	-36.35%	28.34%	-93.31%	408.63%	197.48%	-18.24%	76.99%	2.88%
Net Income Growth	118.86%	-122.57%	962.75%	-29.55%	-32.58%	-120.10%	183.33%	448.57%	-235.94%	245.98%	5.77%
EPS Growth	116.17%	-130.71%	809.30%	-34.75%	-29.15%	-131.21%	143.18%	563.16%	-255.56%	242.35%	15.05%
Operating Cash Flow Growth	-72.35%	29.79%	216.39%	-14.51%	55.15%	43.36%	-24.25%	42.45%	-16.41%	39.58%	23.78%
Free Cash Flow Firm Growth	-92.29%	-990.92%	94.98%	-1,477.13%	176.44%	-225.07%	-76.28%	118.34%	162.92%	-216.43%	214.06%
Invested Capital Growth	54.87%	1,145.10%	69.42%	67.00%	-0.80%	25.87%	39.56%	6.35%	-2.83%	28.65%	0.40%
Revenue Q/Q Growth	-6.20%	2.65%	-5.72%	41.10%	-13.97%	0.24%	16.38%	-11.95%	1.79%	5.33%	-3.61%
EBITDA Q/Q Growth	129.46%	-100.00%	31.55%	24.72%	3.74%	-22.28%	86.81%	-27.78%	-105.44%	5.23%	1.39%
EBIT Q/Q Growth	122.63%	-202.27%	46.67%	28.50%	1.38%	-65.85%	194.74%	-34.19%	-155.18%	5.38%	2.55%
NOPAT Q/Q Growth	121.58%	446.08%	520.96%	-30.43%	28.10%	123.81%	852.77%	-26.30%	8.79%	9.30%	2.47%
Net Income Q/Q Growth	121.46%	-161.45%	464.10%	-41.84%	2.96%	-250.00%	600.00%	14.29%	-39.57%	17.59%	9.51%
EPS Q/Q Growth	118.89%	-191.49%	498.04%	-44.41%	4.44%	-76.00%	235.71%	11.50%	-28.10%	12.96%	10.69%
Operating Cash Flow Q/Q Growth	150.54%	-56.43%	-33.68%	1,933.33%	-21.95%	21.52%	-30.15%	17.16%	7.47%	-8.51%	-0.36%
Free Cash Flow Firm Q/Q Growth	-91.58%	44.14%	-104.91%	47.67%	62.26%	-279.90%	5.66%	136.61%	251.86%	-16.58%	-8.24%
Invested Capital Q/Q Growth	-563.64%	-40.78%	97.16%	-0.13%	-3.42%	48.85%	35.46%	5.35%	-2.27%	0.69%	1.86%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	6.38%	2.62%	10.53%	11.89%	11.58%	11.55%	10.98%	12.61%	14.05%	14.25%	14.77%
EBITDA Margin	4.18%	0.00%	5.90%	6.88%	8.35%	2.48%	7.33%	8.71%	-0.35%	9.09%	9.39%
Operating Margin	3.16%	-1.48%	4.65%	5.72%	6.42%	0.47%	5.46%	6.44%	4.80%	7.17%	7.30%
EBIT Margin	3.41%	-1.05%	4.75%	5.60%	6.51%	0.49%	5.34%	6.63%	-2.37%	7.08%	7.22%
Profit (Net Income) Margin	4.43%	-1.19%	10.55%	6.31%	3.71%	-0.73%	0.48%	2.93%	-3.75%	4.92%	5.18%
Tax Burden Percent	72.44%	-154.55%	178.14%	78.28%	77.99%	300.00%	23.97%	67.61%	157.23%	74.56%	65.64%
Interest Burden Percent	179.31%	-73.33%	124.75%	144.00%	73.02%	-50.00%	37.24%	65.29%	100.61%	93.25%	109.25%
Effective Tax Rate	27.56%	254.55%	-78.14%	21.72%	22.01%	0.00%	76.03%	32.39%	0.00%	25.44%	25.41%
Return on Invested Capital (ROIC)	0.00%	40.40%	48.13%	18.25%	18.80%	1.12%	4.26%	10.55%	8.48%	13.33%	12.13%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	62.96%	12.50%	-15.85%	44.65%	147.87%	-5.77%	1.63%	-31.34%	11.37%	11.09%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-46.08%	-3.37%	2.85%	-7.09%	-3.55%	-2.14%	1.04%	-25.74%	13.31%	14.93%
Return on Equity (ROE)	22.75%	-5.68%	44.76%	21.10%	11.71%	-2.43%	2.13%	11.58%	-17.25%	26.63%	27.06%
Cash Return on Invested Capital (CROIC)	0.00%	-91.30%	-3.40%	-31.94%	19.59%	-21.79%	-28.77%	4.39%	11.35%	-11.73%	11.73%
Operating Return on Assets (OROA)	4.65%	-1.19%	5.07%	6.30%	7.05%	0.51%	6.58%	7.39%	-2.96%	8.96%	8.48%
Return on Assets (ROA)	6.03%	-1.35%	11.26%	7.11%	4.01%	-0.76%	0.59%	3.26%	-4.69%	6.23%	6.08%
Return on Common Equity (ROCE)	22.98%	-5.76%	45.22%	21.01%	11.59%	-2.40%	2.10%	11.49%	-17.12%	26.40%	26.85%
Return on Equity Simple (ROE_SIMPLE)	21.22%	-6.74%	35.80%	18.26%	11.36%	-2.66%	2.10%	11.85%	-18.87%	26.22%	0.00%
Net Operating Profit after Tax (NOPAT)	117	97	346	220	282	19	96	286	234	414	424
NOPAT Margin	2.29%	2.28%	8.29%	4.48%	5.01%	0.33%	1.31%	4.36%	3.36%	5.35%	5.44%
Net Nonoperating Expense Percent (NNEP)	10.17%	-22.56%	35.63%	34.10%	-25.86%	-146.75%	10.03%	8.92%	39.82%	1.96%	1.03%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	8.48%	7.25%	10.25%	10.31%
Cost of Revenue to Revenue	93.62%	97.38%	89.47%	88.11%	88.42%	88.45%	89.02%	87.39%	85.95%	85.75%	85.23%
SG&A Expenses to Revenue	3.04%	3.12%	5.85%	5.98%	6.05%	5.81%	5.55%	6.40%	7.02%	7.03%	7.42%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	3.22%	4.10%	5.87%	6.17%	5.78%	11.08%	5.52%	6.17%	9.24%	7.08%	7.48%
Earnings before Interest and Taxes (EBIT)	174	-45	198	275	367	28	392	435	-165	548	562
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	213	0.00	246	338	471	143	538	572	-24	704	731
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.02	2.84	2.08	1.18	2.23	2.70	3.91	4.39	5.36	5.41	3.42
Price to Tangible Book Value (P/TBV)	3.05	0.00	116.13	0.00	51.92	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.42	0.50	0.61	0.41	0.73	0.74	0.89	1.08	1.06	1.02	0.66
Price to Earnings (P/E)	10.62	0.00	5.91	7.13	20.31	0.00	241.62	37.40	0.00	20.97	12.40
Dividend Yield	2.14%	2.13%	1.75%	2.25%	1.11%	1.34%	0.95%	0.93%	0.98%	1.02%	1.63%
Earnings Yield	9.42%	0.00%	16.91%	14.03%	4.92%	0.00%	0.41%	2.67%	0.00%	4.77%	8.07%
Enterprise Value to Invested Capital (EV/IC)	0.00	3.61	2.47	1.20	2.51	2.42	2.85	2.96	3.22	2.83	2.04
Enterprise Value to Revenue (EV/Rev)	0.20	0.45	0.53	0.37	0.67	0.79	1.02	1.26	1.26	1.28	0.92
Enterprise Value to EBITDA (EV/EBITDA)	4.88	0.00	9.06	5.36	7.98	31.90	13.91	14.48	0.00	14.07	9.77
Enterprise Value to EBIT (EV/EBIT)	5.98	0.00	11.26	6.59	10.24	162.92	19.09	19.04	0.00	18.07	12.71
Enterprise Value to NOPAT (EV/NOPAT)	8.92	19.76	6.45	8.24	13.32	241.36	77.84	28.96	37.39	23.93	16.86
Enterprise Value to Operating Cash Flow (EV/OCF)	22.12	31.53	11.55	10.99	14.68	12.43	26.92	20.91	26.41	21.44	12.82
Enterprise Value to Free Cash Flow (EV/FCFF)	19.04	0.00	0.00	0.00	12.77	0.00	0.00	69.61	27.94	0.00	17.43
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.06	0.93	0.42	0.73	0.65	0.99	1.12	1.07	1.31	1.75	1.72
Long-Term Debt to Equity	0.05	0.92	0.41	0.72	0.64	0.99	1.11	0.84	1.29	1.73	1.68
Financial Leverage	-1.08	-0.73	-0.27	-0.18	-0.16	-0.02	0.37	0.64	0.82	1.17	1.35
Leverage Ratio	3.77	4.20	3.98	2.97	2.92	3.20	3.62	3.55	3.68	4.27	4.45
Compound Leverage Factor	6.76	-3.08	4.96	4.28	2.13	-1.60	1.35	2.32	3.70	3.99	4.86
Debt to Total Capital	5.48%	48.19%	29.38%	42.17%	39.33%	49.72%	52.91%	51.60%	56.79%	63.65%	63.19%
Short-Term Debt to Total Capital	0.90%	0.63%	0.58%	0.34%	0.36%	0.16%	0.45%	10.79%	0.96%	0.89%	1.19%
Long-Term Debt to Total Capital	4.58%	47.57%	28.80%	41.84%	38.97%	49.56%	52.46%	40.81%	55.83%	62.76%	62.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-1.17%	-0.83%	-0.46%	0.67%	0.46%	0.91%	0.39%	0.36%	0.34%	0.35%	0.22%
Common Equity to Total Capital	95.69%	52.64%	71.08%	57.15%	60.22%	49.38%	46.70%	48.04%	42.87%	36.00%	36.59%
Debt to EBITDA	0.29	0.00	2.07	3.71	2.55	11.13	3.51	3.04	-76.33	3.65	3.55
Net Debt to EBITDA	-5.18	0.00	-1.29	-0.62	-0.76	1.92	1.76	2.03	-55.08	2.88	2.72
Long-Term Debt to EBITDA	0.24	0.00	2.02	3.68	2.53	11.09	3.49	2.41	-75.04	3.60	3.48
Debt to NOPAT	0.52	7.12	1.47	5.70	4.25	84.18	19.67	6.08	7.84	6.21	6.13
Net Debt to NOPAT	-9.46	-2.18	-0.92	-0.95	-1.26	14.50	9.83	4.07	5.65	4.90	4.69
Long-Term Debt to NOPAT	0.44	7.03	1.44	5.65	4.22	83.92	19.50	4.81	7.70	6.12	6.01
Altman Z-Score	2.61	1.68	2.39	1.98	2.47	2.01	2.60	2.86	2.50	2.64	2.50
Noncontrolling Interest Sharing Ratio	-1.01%	-1.39%	-1.02%	0.41%	0.95%	1.24%	1.31%	0.78%	0.76%	0.87%	0.77%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.32	1.31	1.33	1.38	1.34	1.12	1.15	0.96	1.05	1.05	1.22
Quick Ratio	1.25	0.99	0.89	1.17	1.10	0.92	0.95	0.73	0.82	0.80	0.94
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	55	-487	-24	-385	294	-368	-649	119	313	-364	410
Operating Cash Flow to CapEx	0.00%	677.78%	3,216.67%	0.00%	2,327.27%	1,931.58%	0.00%	1,650.00%	413.75%	660.00%	1,428.21%
Free Cash Flow to Firm to Interest Expense	4.97	-37.43	-1.16	-5.83	2.97	-5.11	-8.11	1.37	2.72	-2.53	2.59
Operating Cash Flow to Interest Expense	4.27	4.69	9.19	2.50	2.59	5.10	3.48	4.55	2.88	3.21	3.53
Operating Cash Flow Less CapEx to Interest Expense	15.18	4.00	8.90	2.62	2.47	4.83	3.65	4.28	2.18	2.72	3.28
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.36	1.13	1.07	1.13	1.08	1.04	1.23	1.12	1.25	1.27	1.18
Accounts Receivable Turnover	14.27	13.34	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	24.50	27.18	30.33	39.15	44.93	44.36	0.00	0.00	33.05	29.33	33.20
Accounts Payable Turnover	8.09	8.54	8.43	9.66	8.92	8.90	8.17	6.90	9.72	9.69	8.94
Days Sales Outstanding (DSO)	25.57	27.37	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	45.14	42.73	43.28	37.77	40.92	41.00	44.70	52.91	37.54	37.66	40.81
Cash Conversion Cycle (CCC)	-19.57	-15.36	-43.28	-37.77	-40.92	-41.00	-44.70	-52.91	-37.54	-37.66	-40.81
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-51	533	903	1,508	1,496	1,883	2,628	2,795	2,716	3,494	3,501
Invested Capital Turnover	-62.15	17.71	5.81	4.08	3.75	3.41	3.25	2.42	2.52	2.49	2.23
Increase / (Decrease) in Invested Capital	62	584	370	605	-12	387	745	167	-79	778	14
Enterprise Value (EV)	1,040	1,924	2,229	1,813	3,759	4,562	7,483	8,281	8,741	9,904	7,142
Market Capitalization	2,156	2,148	2,555	2,003	4,102	4,259	6,524	7,106	7,408	7,863	5,144
Book Value per Share	$7.38	$5.31	$8.77	$12.05	$12.98	$11.09	$11.90	$11.81	$10.24	$10.91	$11.84
Tangible Book Value per Share	$4.89	($3.15)	$0.16	($0.59)	$0.56	($6.06)	($7.83)	($8.11)	($9.96)	($14.56)	($14.97)
Total Capital	1,113	1,438	1,729	2,971	3,054	3,200	3,574	3,372	3,226	4,036	4,108
Total Debt	61	693	508	1,253	1,201	1,591	1,891	1,740	1,832	2,569	2,596
Total Long-Term Debt	51	684	498	1,243	1,190	1,586	1,875	1,376	1,801	2,533	2,547
Net Debt	-1,103	-212	-318	-210	-357	274	945	1,163	1,322	2,027	1,989
Capital Expenditures (CapEx)	-120	9.00	6.00	-8.00	11	19	-14	24	80	70	39
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-422	-39	-75	-189	-191	-252	-77	-99	-194	-223	-88
Debt-free Net Working Capital (DFNWC)	461	497	364	550	521	184	293	290	110	127	412
Net Working Capital (NWC)	451	488	354	540	510	179	277	-74	79	91	363
Net Nonoperating Expense (NNE)	-109	148	-94	-90	73	61	61	94	495	33	21
Net Nonoperating Obligations (NNO)	-1,103	-212	-318	-210	-357	274	945	1,163	1,322	2,027	1,989
Total Depreciation and Amortization (D&A)	39	45	48	63	104	115	146	137	141	156	169
Debt-free, Cash-free Net Working Capital to Revenue	-8.28%	-0.91%	-1.80%	-3.85%	-3.39%	-4.37%	-1.05%	-1.51%	-2.79%	-2.88%	-1.13%
Debt-free Net Working Capital to Revenue	9.05%	11.64%	8.73%	11.19%	9.24%	3.19%	3.99%	4.42%	1.58%	1.64%	5.29%
Net Working Capital to Revenue	8.85%	11.43%	8.49%	10.99%	9.04%	3.10%	3.77%	-1.13%	1.14%	1.18%	4.66%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$1.42	$0.00	$0.13	$1.36	($1.96)	$2.79	$3.21
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	0.00	141M	0.00	140M	139M	135M	134M	129M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$1.41	$0.00	$0.12	$1.26	($1.96)	$2.79	$3.21
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	0.00	142M	0.00	145M	156M	135M	134M	129M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	0.00	141.94M	0.00	139.50M	136.57M	135.07M	132.44M	126.47M
Normalized Net Operating Profit after Tax (NOPAT)	123	-15	137	227	271	232	279	273	340	409	424
Normalized NOPAT Margin	2.42%	-0.34%	3.27%	4.62%	4.80%	4.02%	3.81%	4.16%	4.88%	5.28%	5.44%
Pre Tax Income Margin	6.12%	0.77%	5.92%	8.06%	4.75%	-0.24%	1.99%	4.33%	-2.39%	6.60%	7.89%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	15.82	-3.46	9.43	4.17	3.71	0.39	4.90	5.00	-1.43	3.81	3.56
NOPAT to Interest Expense	10.60	7.49	16.46	3.33	2.85	0.26	1.20	3.29	2.03	2.87	2.68
EBIT Less CapEx to Interest Expense	26.73	-4.15	9.14	4.29	3.60	0.13	5.08	4.72	-2.13	3.32	3.31
NOPAT Less CapEx to Interest Expense	21.51	6.80	16.17	3.45	2.74	0.00	1.38	3.01	1.34	2.39	2.43
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	50.89%	-107.84%	11.14%	33.23%	28.71%	-138.10%	240.00%	34.38%	-27.59%	23.36%	20.84%
Augmented Payout Ratio	78.32%	-115.69%	23.18%	34.19%	30.62%	-259.52%	474.29%	140.10%	-163.60%	89.24%	102.48%

This table displays calculated financial ratios and metrics derived from KBR's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	1/3/2025	4/4/2025	7/4/2025	10/3/2025	1/2/2026	4/3/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	126,466,139.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	126,466,139.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.81
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	8.86%	7.59%	6.75%	5.82%	10.00%	22.66%	13.04%	5.68%	-0.31%	-12.33%	-4.71%
EBITDA Growth	-3.21%	-404.35%	7.10%	770.00%	22.52%	151.14%	18.67%	4.05%	-11.35%	7.34%	-16.67%
EBIT Growth	-4.88%	-602.60%	9.24%	1,092.86%	23.08%	134.88%	20.00%	-2.17%	-15.97%	12.78%	-20.86%
NOPAT Growth	-553.70%	-32.88%	10.47%	1,227.83%	126.84%	105.54%	13.09%	2.85%	-15.48%	11.07%	-21.29%
Net Income Growth	-124.66%	-77.89%	9.30%	130.57%	666.67%	271.43%	22.34%	-45.79%	14.71%	44.87%	-12.17%
EPS Growth	-132.65%	-64.18%	23.21%	130.38%	568.75%	133.33%	27.54%	-29.11%	20.00%	55.36%	-9.09%
Operating Cash Flow Growth	-132.79%	38.33%	160.00%	-32.81%	502.50%	-51.81%	7.69%	27.27%	29.41%	24.39%	20.88%
Free Cash Flow Firm Growth	13.15%	238.11%	205.17%	153.72%	-7.38%	-625.72%	-651.16%	-4,801.38%	121.89%	114.68%	110.69%
Invested Capital Growth	4.75%	-2.83%	-0.68%	3.29%	24.87%	28.65%	27.34%	29.01%	-0.95%	0.40%	0.68%
Revenue Q/Q Growth	0.97%	-2.26%	5.09%	2.04%	4.96%	8.99%	-3.16%	-5.01%	-1.08%	-4.30%	4.06%
EBITDA Q/Q Growth	655.00%	-331.79%	15.28%	4.82%	6.32%	-3.24%	10.06%	-8.63%	-8.89%	15.85%	-10.53%
EBIT Q/Q Growth	935.71%	-430.77%	21.50%	6.92%	3.60%	-6.25%	15.56%	-13.46%	-10.37%	23.97%	-14.00%
NOPAT Q/Q Growth	-4,449.45%	111.98%	99.82%	3.56%	8.28%	-8.27%	9.94%	-6.72%	-10.14%	19.56%	-17.27%
Net Income Q/Q Growth	94.86%	216.67%	347.62%	13.83%	-4.67%	-23.53%	47.44%	-49.57%	101.72%	-3.42%	-10.62%
EPS Q/Q Growth	93.85%	250.00%	187.50%	14.49%	-5.06%	-25.33%	57.14%	-36.36%	60.71%	-3.33%	-8.05%
Operating Cash Flow Q/Q Growth	-115.81%	307.50%	9.64%	86.81%	-5.29%	-75.16%	145.00%	114.29%	-5.71%	-74.24%	115.69%
Free Cash Flow Firm Q/Q Growth	-1,755.67%	123.81%	-8.16%	-86.76%	-3,809.32%	-16.59%	3.72%	-5.77%	118.44%	-22.55%	-29.90%
Invested Capital Q/Q Growth	4.99%	-2.27%	2.76%	-2.04%	26.92%	0.69%	1.72%	-0.76%	-2.55%	1.86%	2.20%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	13.79%	13.70%	13.64%	14.61%	14.95%	13.81%	14.50%	14.86%	13.98%	15.80%	13.78%
EBITDA Margin	8.53%	-20.23%	9.13%	9.38%	9.50%	8.44%	9.59%	9.22%	8.49%	10.28%	8.84%
Operating Margin	6.50%	6.42%	7.48%	7.60%	7.50%	6.22%	7.45%	7.33%	6.27%	8.17%	6.71%
EBIT Margin	6.61%	-22.37%	7.15%	7.49%	7.40%	6.36%	7.59%	6.92%	6.27%	8.12%	6.71%
Profit (Net Income) Margin	-1.02%	1.21%	5.17%	5.77%	5.24%	3.68%	5.60%	2.97%	6.06%	6.11%	5.25%
Tax Burden Percent	-360.00%	44.68%	72.87%	72.79%	76.12%	77.23%	73.25%	40.00%	76.97%	70.63%	70.63%
Interest Burden Percent	4.27%	-12.14%	99.23%	105.76%	93.06%	74.81%	100.64%	107.41%	125.62%	106.67%	110.85%
Effective Tax Rate	460.00%	55.32%	27.13%	27.21%	23.88%	22.77%	26.75%	26.90%	22.37%	25.63%	27.97%
Return on Invested Capital (ROIC)	-58.85%	7.24%	13.76%	14.75%	13.43%	11.98%	13.72%	13.83%	11.38%	13.54%	10.42%
ROIC Less NNEP Spread (ROIC-NNEP)	-24.39%	4.94%	13.36%	15.12%	12.85%	10.55%	13.88%	11.06%	12.55%	13.58%	10.81%
Return on Net Nonoperating Assets (RNNOA)	-17.88%	4.05%	10.97%	11.65%	13.23%	12.35%	17.04%	12.82%	16.51%	18.27%	14.73%
Return on Equity (ROE)	-76.74%	11.29%	24.73%	26.40%	26.66%	24.33%	30.75%	26.65%	27.89%	31.81%	25.15%
Cash Return on Invested Capital (CROIC)	3.27%	11.35%	9.40%	8.39%	-10.00%	-11.73%	-10.60%	-11.61%	12.93%	11.73%	10.50%
Operating Return on Assets (OROA)	7.98%	-27.96%	8.90%	8.92%	8.52%	8.06%	9.71%	8.90%	7.54%	9.54%	7.66%
Return on Assets (ROA)	-1.23%	1.52%	6.44%	6.87%	6.04%	4.65%	7.16%	3.83%	7.29%	7.19%	6.00%
Return on Common Equity (ROCE)	-76.32%	11.20%	24.54%	26.20%	26.47%	24.11%	30.49%	26.55%	27.74%	31.57%	25.00%
Return on Equity Simple (ROE_SIMPLE)	-12.03%	0.00%	-17.97%	14.55%	21.56%	0.00%	28.37%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-414	50	99	103	111	102	112	105	94	112	93
NOPAT Margin	-23.39%	2.87%	5.45%	5.53%	5.71%	4.80%	5.45%	5.36%	4.86%	6.08%	4.83%
Net Nonoperating Expense Percent (NNEP)	-34.46%	2.30%	0.40%	-0.37%	0.58%	1.43%	-0.17%	2.77%	-1.18%	-0.03%	-0.39%
Return On Investment Capital (ROIC_SIMPLE)	-	1.54%	-	-	-	2.53%	2.69%	2.55%	2.31%	2.73%	2.23%
Cost of Revenue to Revenue	86.21%	86.30%	86.36%	85.39%	85.05%	86.19%	85.50%	85.14%	86.02%	84.20%	86.22%
SG&A Expenses to Revenue	7.18%	6.82%	6.66%	6.95%	7.19%	7.26%	7.06%	7.48%	7.72%	7.47%	6.92%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	7.29%	7.28%	6.16%	7.01%	7.45%	7.59%	7.06%	7.53%	7.72%	7.63%	7.07%
Earnings before Interest and Taxes (EBIT)	117	-387	130	139	144	135	156	135	121	150	129
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	151	-350	166	174	185	179	197	180	164	190	170
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.07	5.36	6.09	6.14	5.68	5.41	4.44	4.15	4.17	3.42	3.04
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.15	1.06	1.21	1.20	1.16	1.02	0.79	0.76	0.76	0.66	0.63
Price to Earnings (P/E)	0.00	0.00	0.00	43.28	26.68	20.97	15.82	16.93	16.08	12.40	12.00
Dividend Yield	0.90%	0.98%	0.87%	0.89%	0.91%	1.02%	1.29%	1.32%	1.36%	1.63%	1.73%
Earnings Yield	0.00%	0.00%	0.00%	2.31%	3.75%	4.77%	6.32%	5.91%	6.22%	8.07%	8.33%
Enterprise Value to Invested Capital (EV/IC)	3.27	3.22	3.57	3.64	3.03	2.83	2.37	2.33	2.35	2.04	1.90
Enterprise Value to Revenue (EV/Rev)	1.33	1.26	1.41	1.39	1.43	1.28	1.06	1.02	1.00	0.92	0.88
Enterprise Value to EBITDA (EV/EBITDA)	20.63	0.00	20.70	15.66	15.70	14.07	11.47	11.06	11.20	9.77	9.76
Enterprise Value to EBIT (EV/EBIT)	30.43	0.00	29.29	20.17	20.20	18.07	14.69	14.38	14.74	12.71	12.89
Enterprise Value to NOPAT (EV/NOPAT)	42.35	37.39	40.76	31.79	27.75	23.93	19.77	19.11	19.53	16.86	17.08
Enterprise Value to Operating Cash Flow (EV/OCF)	29.55	26.41	25.73	32.71	20.80	21.44	17.98	15.97	14.45	12.82	11.81
Enterprise Value to Free Cash Flow (EV/FCFF)	102.36	27.94	37.82	44.03	0.00	0.00	0.00	0.00	18.09	17.43	18.17
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.12	1.31	1.31	1.36	1.72	1.75	1.92	1.76	1.77	1.72	1.63
Long-Term Debt to Equity	0.97	1.29	1.30	1.35	1.69	1.73	1.89	1.73	1.74	1.68	1.59
Financial Leverage	0.73	0.82	0.82	0.77	1.03	1.17	1.23	1.16	1.32	1.35	1.36
Leverage Ratio	3.61	3.68	3.69	3.96	4.14	4.27	4.38	4.33	4.50	4.45	4.46
Compound Leverage Factor	0.15	-0.45	3.66	4.19	3.85	3.20	4.41	4.65	5.66	4.74	4.95
Debt to Total Capital	52.86%	56.79%	56.78%	57.67%	63.25%	63.65%	65.74%	63.71%	63.93%	63.19%	61.91%
Short-Term Debt to Total Capital	7.20%	0.96%	0.67%	0.66%	1.12%	0.89%	0.93%	1.05%	1.13%	1.19%	1.17%
Long-Term Debt to Total Capital	45.66%	55.83%	56.11%	57.01%	62.14%	62.76%	64.81%	62.66%	62.80%	62.00%	60.74%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.33%	0.34%	0.34%	0.27%	0.27%	0.35%	0.31%	0.05%	0.12%	0.22%	0.12%
Common Equity to Total Capital	46.81%	42.87%	42.89%	42.06%	36.48%	36.00%	33.95%	36.24%	35.94%	36.59%	37.97%
Debt to EBITDA	3.98	-76.33	3.88	3.03	3.90	3.65	3.73	3.52	3.61	3.55	3.71
Net Debt to EBITDA	2.75	-55.08	2.85	2.08	2.92	2.88	2.89	2.74	2.72	2.72	2.85
Long-Term Debt to EBITDA	3.44	-75.04	3.83	2.99	3.83	3.60	3.68	3.47	3.55	3.48	3.64
Debt to NOPAT	8.17	7.84	7.63	6.14	6.88	6.21	6.43	6.08	6.30	6.13	6.48
Net Debt to NOPAT	5.65	5.65	5.62	4.23	5.17	4.90	4.98	4.72	4.74	4.69	4.99
Long-Term Debt to NOPAT	7.05	7.70	7.54	6.07	6.76	6.12	6.34	5.98	6.19	6.01	6.36
Altman Z-Score	2.52	2.37	2.88	2.85	2.42	2.44	2.27	2.31	2.38	2.29	2.22
Noncontrolling Interest Sharing Ratio	0.54%	0.76%	0.78%	0.76%	0.71%	0.87%	0.84%	0.38%	0.54%	0.77%	0.60%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.98	1.05	1.10	1.10	1.07	1.05	1.11	1.13	1.18	1.22	1.16
Quick Ratio	0.64	0.82	0.84	0.85	0.85	0.80	0.86	0.87	0.94	0.94	0.84
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-540	129	118	16	-580	-676	-651	-688	127	98	69
Operating Cash Flow to CapEx	-181.82%	415.00%	478.95%	1,700.00%	847.37%	181.82%	1,088.89%	3,000.00%	3,300.00%	300.00%	916.67%
Free Cash Flow to Firm to Interest Expense	-3.75	0.00	3.81	0.49	-15.67	-15.37	-15.88	-16.79	3.25	2.66	1.86
Operating Cash Flow to Interest Expense	-0.28	0.00	2.94	5.31	4.35	0.91	2.39	5.12	5.08	1.38	2.97
Operating Cash Flow Less CapEx to Interest Expense	-0.43	0.00	2.32	5.00	3.84	0.41	2.17	4.95	4.92	0.92	2.65
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.21	1.25	1.25	1.19	1.15	1.27	1.28	1.29	1.20	1.18	1.14
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	36.94	33.05	31.22	30.52	29.34	29.33	29.50	33.34	32.18	33.20	29.52
Accounts Payable Turnover	9.47	9.72	8.55	8.81	8.85	9.69	9.34	9.28	9.42	8.94	8.78
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	38.56	37.54	42.67	41.45	41.23	37.66	39.06	39.32	38.74	40.81	41.57
Cash Conversion Cycle (CCC)	-38.56	-37.54	-42.67	-41.45	-41.23	-37.66	-39.06	-39.32	-38.74	-40.81	-41.57
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,779	2,716	2,791	2,734	3,470	3,494	3,554	3,527	3,437	3,501	3,578
Invested Capital Turnover	2.52	2.52	2.52	2.67	2.35	2.49	2.52	2.58	2.34	2.23	2.16
Increase / (Decrease) in Invested Capital	126	-79	-19	87	691	778	763	793	-33	14	24
Enterprise Value (EV)	9,100	8,741	9,957	9,944	10,506	9,904	8,433	8,210	8,076	7,142	6,804
Market Capitalization	7,875	7,408	8,574	8,612	8,539	7,863	6,296	6,178	6,110	5,144	4,812
Book Value per Share	$11.52	$10.24	$10.43	$10.44	$11.30	$10.91	$10.70	$11.46	$11.36	$11.84	$12.53
Tangible Book Value per Share	($8.55)	($9.96)	($9.68)	($9.71)	($14.54)	($14.56)	($14.94)	($15.16)	($15.13)	($14.97)	($14.20)
Total Capital	3,320	3,226	3,283	3,333	4,120	4,036	4,174	4,103	4,073	4,108	4,172
Total Debt	1,755	1,832	1,864	1,922	2,606	2,569	2,744	2,614	2,604	2,596	2,583
Total Long-Term Debt	1,516	1,801	1,842	1,900	2,560	2,533	2,705	2,571	2,558	2,547	2,534
Net Debt	1,214	1,322	1,372	1,323	1,956	2,027	2,124	2,030	1,961	1,989	1,987
Capital Expenditures (CapEx)	22	20	19	10	19	22	9.00	7.00	6.00	17	12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-144	-194	-137	-220	-282	-223	-203	-125	-179	-88	-68
Debt-free Net Working Capital (DFNWC)	204	110	177	194	180	127	239	278	360	412	312
Net Working Capital (NWC)	-35	79	155	172	134	91	200	235	314	363	263
Net Nonoperating Expense (NNE)	-396	29	5.10	-4.37	9.13	24	-2.93	47	-23	-0.69	-8.08
Net Nonoperating Obligations (NNO)	1,214	1,322	1,372	1,323	1,956	2,027	2,124	2,038	1,968	1,989	1,989
Total Depreciation and Amortization (D&A)	34	37	36	35	41	44	41	45	43	40	41
Debt-free, Cash-free Net Working Capital to Revenue	-2.11%	-2.79%	-1.94%	-3.07%	-3.84%	-2.88%	-2.54%	-1.55%	-2.22%	-1.13%	-0.88%
Debt-free Net Working Capital to Revenue	2.99%	1.58%	2.50%	2.70%	2.45%	1.64%	3.00%	3.44%	4.46%	5.29%	4.06%
Net Working Capital to Revenue	-0.51%	1.14%	2.19%	2.40%	1.82%	1.18%	2.51%	2.91%	3.89%	4.66%	3.42%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.16)	$0.18	$0.69	$0.79	$0.75	$0.56	$0.88	$0.56	$0.90	$0.87	$0.80
Adjusted Weighted Average Basic Shares Outstanding	135M	135M	135M	134M	133M	134M	132M	129M	128M	129M	127M
Adjusted Diluted Earnings per Share	($0.16)	$0.24	$0.69	$0.79	$0.75	$0.56	$0.88	$0.56	$0.90	$0.87	$0.80
Adjusted Weighted Average Diluted Shares Outstanding	135M	135M	135M	134M	133M	134M	132M	129M	128M	129M	127M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	135.00M	135.07M	134.28M	133.05M	133.24M	132.44M	129.74M	128.84M	126.99M	126.47M	126.79M
Normalized Net Operating Profit after Tax (NOPAT)	81	83	95	103	111	101	112	105	94	112	93
Normalized NOPAT Margin	4.55%	4.77%	5.21%	5.53%	5.71%	4.77%	5.45%	5.36%	4.86%	6.08%	4.83%
Pre Tax Income Margin	0.28%	2.72%	7.10%	7.92%	6.88%	4.76%	7.64%	7.43%	7.87%	8.66%	7.44%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.81	0.00	4.19	4.34	3.89	3.07	3.80	3.29	3.10	4.05	3.49
NOPAT to Interest Expense	-2.88	0.00	3.20	3.21	3.00	2.32	2.73	2.55	2.41	3.04	2.51
EBIT Less CapEx to Interest Expense	0.66	0.00	3.58	4.03	3.38	2.57	3.59	3.12	2.95	3.59	3.16
NOPAT Less CapEx to Interest Expense	-3.03	0.00	2.58	2.89	2.49	1.82	2.51	2.38	2.25	2.58	2.19
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-39.57%	-27.59%	-31.62%	40.20%	29.01%	23.36%	22.64%	25.78%	22.55%	20.84%	21.85%
Augmented Payout Ratio	-209.09%	-163.60%	-184.98%	191.18%	126.85%	89.24%	100.50%	100.57%	119.02%	102.48%	67.35%

Financials Breakdown Chart

Key Financial Trends

Here are the key trends for KBR (NYSE:KBR) based on the quarterly financials provided for the last four years, focusing on what may matter to retail investors.

Gross margin expansion in 2025 vs. 2024. Q4 2025 gross margin was about 15.8% (gross profit of $292M on $1.848B revenue), up from roughly 13.9% in Q4 2024. This suggests improved profitability on core operations despite lower revenue.
Consistent, positive operating cash flow in 2025 quarters. Net cash from continuing operating activities was positive across 2025: Q1 around $113M, Q2 around $210M, Q3 around $198M, and Q4 around $51M. This indicates solid cash generation from operations despite revenue variability.
Improving earnings per share (EPS) in late 2025. Diluted EPS for Q4 2025 was $0.87, up from prior year levels (Q4 2024 diluted EPS was about $0.66). This points to stronger profitability per share despite top-line fluctuations.
Stable dividend per share policy in 2025. Cash dividends per share remained around $0.165 (Q1–Q3) and $0.16 (Q4), indicating a consistent payout strategy for shareholders.
Scale remains solid with quarterly revenue typically in the $1.8B–$2.0B range in 2025. The four 2025 quarters sit in the high-$1.8B to low-$2.0B range, showing the company maintains a sizable operating footprint even as annual revenue trends softened vs. 2024.
Shares outstanding remained broadly stable in 2025. Weighted average basic/diluted shares were typically in the 126–132 million range, suggesting limited near-term dilution for investors.
Liquidity levels show a reasonable cash buffer in 2025. Cash and cash equivalents hovered in the low-to-mid hundreds of millions (e.g., around $0.4B–$0.54B across 2025), providing liquidity to meet near-term obligations.
Top-line pressure vs. 2024 persists. Q4 2025 revenue of $1.848B is down from Q4 2024’s $2.112B (roughly 13% lower), indicating ongoing revenue headwinds despite margin gains.
Leverage remains elevated. Long-term debt remains substantial (around $2.56B–$2.58B in 2025 with total liabilities near $5.3B–$5.4B and equity around $1.4B), signaling a relatively high debt load versus equity.
Investing cash outflows continue to weigh on cash flow. Net cash from investing activities was negative in 2025 quarters (investing outflows for capex and other investing activities), contributing to negative net changes in cash in several periods and pressuring liquidity despite positive operating cash flow.

05/14/26 10:41 PM ETAI Generated. May Contain Errors.

KBR Financials - Frequently Asked Questions

According to the most recent income statement we have on file, KBR's fiscal year ends in January. Their fiscal year 2026 ended on January 2, 2026.

Over the last 10 years, KBR's net income changed from $226 million in 2015 to $403 million in 2025, a change of 78.3%. See where experts think KBR is headed by visiting KBR's forecast page.

KBR's total operating income in 2025 was $568 million, based on the following breakdown:

Total Gross Profit: $1.15 billion
Total Operating Expenses: $582 million

Over the last 10 years, KBR's total revenue changed from $5.10 billion in 2015 to $7.79 billion in 2025, a change of 52.8%.

KBR's total liabilities were at $5.07 billion at the end of 2025, a 2.4% decrease from 2024, and a 114.9% increase since 2015.

In the past 10 years, KBR's cash and equivalents has ranged from $304 million in 2023 to $883 million in 2015, and is currently $500 million as of their latest financial filing in 2025.

Over the last 10 years, KBR's book value per share changed from 7.38 in 2015 to 11.84 in 2025, a change of 60.3%.

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Financial statements for NYSE:KBR last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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KBR (KBR) Financials

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KBR (KBR) Financials

Annual Income Statements for KBR

Quarterly Income Statements for KBR

Annual Cash Flow Statements for KBR

Quarterly Cash Flow Statements for KBR

Annual Balance Sheets for KBR

Quarterly Balance Sheets for KBR

Annual Metrics And Ratios for KBR

Quarterly Metrics And Ratios for KBR

Financials Breakdown Chart

Key Financial Trends

KBR Financials - Frequently Asked Questions

When does KBR's financial year end?

How has KBR's net income changed over the last 10 years?

What is KBR's operating income?

How has KBR's revenue changed over the last 10 years?

How much debt does KBR have?

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How has KBR's book value per share changed over the last 10 years?

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