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Karman HoldingsKRMN -3.41%16 3-Year ROIIC % is 6.20 as of Dec. 2025, which is at its 10-year median of 6.20. GuruFocus rates KRMN with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 321 Aerospace & Defense companies, Karman Holdings ranks better than 54.21% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Karman Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 6.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Karman Holdings's 3-Year ROIIC % or its related term are showing as below:
KRMN's 3-Year ROIIC % is ranked better than 54.21% of 321
companies
in the Aerospace & Defense industry
Industry Median: 3.5
vs KRMN: 6.20
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Karman Holdings 3-Year ROIIC % Related Terms
Karman Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Karman Holdings's 3-Year ROIIC % 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.
KRMN vs VSEC, MRCY, AIR: 3-Year ROIIC % Comparison
For the Aerospace & Defense subindustry, Karman Holdings's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.
Karman Holdings 3-Year ROIIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Karman Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Karman Holdings's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Karman Holdings (KRMN) has a 3-Year ROIIC % of 6.20 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Karman Holdings and its competitors. This is near median its historical median of 6.20. Over the past decade, Karman Holdings' 3-Year ROIIC % has ranged from 6.20 to 6.20. According to the industry distribution chart, Karman Holdings ranks #147 out of 321 companies in the Aerospace & Defense industry, placing it in the top 45.8%.
Is Karman Holdings' 3-Year ROIIC % too high?
Karman Holdings' current 3-Year ROIIC % of 6.20 is near median its 10-year median of 6.20. Over the past 10 years, this metric has ranged from a low of 6.20 to a high of 6.20. The Aerospace & Defense industry median 3-Year ROIIC % is 3.50. Karman Holdings' value of 6.20 is 77.1% above this industry median. Based on the distribution chart, Karman Holdings ranks #147 out of 321 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Karman Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Karman Holdings' 3-Year ROIIC % compare to VSEC and MRCY?
According to the Aerospace & Defense industry distribution chart, Karman Holdings ranks #147 out of 321 companies for 3-Year ROIIC %. This puts Karman Holdings in the upper half of its industry. The industry median 3-Year ROIIC % is 3.50. Karman Holdings' value of 6.20 is 77.1% above this benchmark. Historically, Karman Holdings' own 3-Year ROIIC % has ranged from 6.20 to 6.20 over the past decade. While the company's 10-year median is 6.20 vs. the industry median of 3.50, Karman Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Aerospace & Defense company?
The median 3-Year ROIIC % among Aerospace & Defense companies is 3.50, based on 321 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Karman Holdings's current 3-Year ROIIC % of 6.20 is 77.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Karman Holdings and its competitors. For the Aerospace & Defense industry, the median 3-Year ROIIC % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karman Holdings's current 3-Year ROIIC % is 6.20, which is near median its own 10-year median of 6.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karman Holdings stock overvalued right now?
Karman Holdings (KRMN) has a current 3-Year ROIIC % of 6.20. The current 3-Year ROIIC % is 6.20, which is near median its 10-year median of 6.20 and 77.1% above the Aerospace & Defense industry median of 3.50. Karman Holdings' overall GF Score™ is 16/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Karman Holdings (KRMN), the current 3-Year ROIIC % is 6.20 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Karman Holdings Inc specializes in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Its integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (DoD) and space sector initiatives. Its engineered solutions are organized into three key families: Payload Protection and Deployment Systems, Aerodynamic Interstage Systems, and Propulsion Systems. The company's solutions are deployed across three growing, core end markets: Hypersonics & Strategic Missile Defense, Missile & Integrated Defense Systems, and Space & Launch.
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