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Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) EBIT : $33 Mil (TTM As of Dec. 2023)


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What is Kratos Defense & Security Solutions EBIT?

Kratos Defense & Security Solutions's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kratos Defense & Security Solutions's annualized ROC % for the quarter that ended in Dec. 2023 was 2.45%. Kratos Defense & Security Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kratos Defense & Security Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.18%.


Kratos Defense & Security Solutions EBIT Historical Data

The historical data trend for Kratos Defense & Security Solutions's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kratos Defense & Security Solutions EBIT Chart

Kratos Defense & Security Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.20 30.40 28.10 -14.40 32.80

Kratos Defense & Security Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.30 0.20 6.90 11.90 13.80

Competitive Comparison of Kratos Defense & Security Solutions's EBIT

For the Aerospace & Defense subindustry, Kratos Defense & Security Solutions's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kratos Defense & Security Solutions's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kratos Defense & Security Solutions's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kratos Defense & Security Solutions's EV-to-EBIT falls into.



Kratos Defense & Security Solutions EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $33 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kratos Defense & Security Solutions  (NAS:KTOS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Kratos Defense & Security Solutions's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=48.4 * ( 1 - 26.32% )/( (1449.1 + 1459.5)/ 2 )
=35.66112/1454.3
=2.45 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Kratos Defense & Security Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=55.2/( ( (277.9 + max(87.6, 0)) + (289.3 + max(40.6, 0)) )/ 2 )
=55.2/( ( 365.5 + 329.9 )/ 2 )
=55.2/347.7
=15.88 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(128.2 + 150.1 + 60.2) - (99.5 + 79.4 + 72)
=87.6

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(128.7 + 156.2 + 36.1) - (100.2 + 101.8 + 78.4)
=40.6

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Kratos Defense & Security Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=32.8/2787.399
=1.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kratos Defense & Security Solutions EBIT Related Terms

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Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Business Description

Traded in Other Exchanges
Address
1 Chisholm Trail, Suite 300, Round Rock, TX, USA, 78681
Kratos Defense & Security Solutions Inc develops and fields transformative, affordable technology, platforms, and systems. The company has two segments; The Kratos Government Solutions (KGS) segment is comprised of an aggregation of KGS operating segments, including its microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services operating segments and The Unmanned Systems segment consists of unmanned aerial, unmanned ground, unmanned seaborne and related command, control, and communications system businesses. The company derives a majority of its revenue from the Kratos Government Solutions segment.
Executives
Phillip D Carrai officer: President, TTS Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Deanna Hom Lund officer: Senior Vice President & CFO 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Steven S. Fendley officer: President, US Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Mills Thomas E Iv officer: Modular Systems Div. President 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Marie Mendoza officer: VP & General Counsel 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Stacey G Rock officer: President, KTT Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Bradley L Boyd director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Daniel J Hagen director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Benjamin M. Goodwin officer: President, PSS Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Jonah Adelman officer: Pres., Microwave Elec. Div. 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Jane Elizabeth Judd director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Cervantes De Burgreen Maria officer: VP & Corporate Controller 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Samuel N Liberatore director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Eric M Demarco director, officer: President & CEO 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Scott I Anderson director C/O KRATOS DEFENSE & SECURITY SOLUTIONS, 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131

Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Headlines