Karman Holdings Inc. (KRMN) Factsheet
Karman Holdings Inc. (KRMN) Stock Analysis
Analysis from 10-Q filed 2025-11-07. Data as of Q1 2026.
Overall Grade: F (Concerning)
Grade F (Concerning). ROIC 6.8%. FCF margin -5.9%. D/E 1.9x. Source: 10-Q filed 2025-11-07.
| Metric | Value | Context |
|---|---|---|
| ROIC | 6.8% | Below expectations |
| FCF Margin | -5.9% | Cash flow pressure |
| Debt/Equity | 1.9x | Elevated debt |
ROIC 6.8% — Bottom 50% of sector peers. FCF margin -5.9% — Bottom 10%.
Explore Karman Holdings Inc.: Earnings History | Filings | ROIC Analysis
Programmatic access: Available via MCP at mcp.metricduck.com. Tools for KRMN: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_changes, get_metric_history, compare_companies, screen_filing_signals.
Profitability: Karman Holdings Inc. earns 6.8% ROIC, Bottom 50% in Industrials
ROIC TTM 6.8%, sector median 7.3%, Bottom 50%. DuPont: NOPAT margin 11.4% × asset turnover 0.5x. Gross margin 41.0%. Operating margin 16.2%. Source: 10-Q filed 2025-11-07.
| Metric | KRMN | Rating | Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 6.8% | Warning | Below sector median of 7.3% |
| Return on Equity (ROE) | 8.0% | Adequate | Moderate equity returns |
| Gross Margin | 41.0% | Good | Strong pricing power |
| Operating Margin | 16.2% | Good | Efficient operations |
Cash Flow: Karman Holdings Inc. generates $-31.0M FCF at -5.9% margin, positive NaN/8 quarters
FCF TTM $-31.0M. FCF margin -5.9%. OCF/Net income -0.3x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2025-11-07.
| Metric | KRMN | Rating | Context |
|---|---|---|---|
| Free Cash Flow Margin | -5.9% | Red flag | Thin cash margins |
| Free Cash Flow (TTM) | $-31.0M | Red flag | Cash burn |
| OCF/Net Income | -0.3x | Warning | Potential accrual concerns |
| FCF Consistency (8Q) | N/A | Warning | Variable cash flow |
Balance Sheet: Karman Holdings Inc. at 1.9x leverage
Debt/Equity 1.9x. Total debt $757.8M, cash & investments $73.8M. Source: 10-Q filed 2025-11-07.
| Metric | KRMN | Rating | Context |
|---|---|---|---|
| Debt to Equity | 1.9x | Warning | Elevated leverage |
| Net Cash Position | $-684.0M | Adequate | Net debt position |
Valuation: Karman Holdings Inc. trades at 353.7x earnings
P/E 353.7x. EV/Sales 21.0x. FCF yield -0.3%. Source: 10-Q filed 2025-11-07.
| Metric | KRMN | Rating | Context |
|---|---|---|---|
| P/E Ratio | 353.7x | Warning | Premium valuation |
| EV/Sales | 21.0x | Warning | Growth premium priced in |
| FCF Yield | -0.3% | Warning | Lower cash yield |
Capital Allocation: Karman Holdings Inc. returns 0.0% shareholder yield
Total shareholder yield 0.0%. Capital returned $0 TTM. Source: 10-Q filed 2025-11-07.
| Metric | KRMN | Rating | Context |
|---|---|---|---|
| Total Shareholder Yield | 0.0% | Warning | Dividend + buyback yield combined |
| Total Capital Returned (TTM) | $0 | Adequate | Dividends + buybacks returned to shareholders |
Sector Rankings
| Metric | Value | Percentile | vs Median |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 6.8% | Bottom 50% | 0.9x below |
| Free Cash Flow Margin | -5.9% | Bottom 10% | -1.3x below |
| Gross Margin | 41.0% | Top 50% | 1.2x above |
| Operating Margin | 16.2% | Top 25% | 2.3x above |
| Return on Equity (ROE) | 8.0% | Bottom 50% | 0.9x below |
| P/E Ratio | 353.7x | N/A | - |
Financial Scorecard
| Metric | KRMN | Rating | Sector Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | 6.8% | Warning | Bottom 50% of sector (median: 7.3%) |
| Free Cash Flow Margin | -5.9% | Red flag | Thin cash margins |
| Gross Margin | 41.0% | Good | Top 50% of sector (median: 32.9%) |
| Debt to Equity Ratio | 186.8% | Warning | High financial leverage |
| P/E Ratio (Price-to-Earnings) | 353.7x | Warning | High expectations priced in |
| Free Cash Flow Yield | -0.3% | Red flag | Growth-focused valuation |
Frequently Asked Questions
Q: What is Karman Holdings Inc.'s Return on Invested Capital (ROIC)?
Karman Holdings Inc. (KRMN) has a trailing twelve-month Return on Invested Capital (ROIC) of 6.8%. Sector median 7.3%. Source: 10-Q filed 2025-11-07.
Q: What is Karman Holdings Inc.'s Free Cash Flow Margin?
Karman Holdings Inc. (KRMN) has a free cash flow margin of -5.9%, generating $-31.0 million in free cash flow over the trailing twelve months. Source: 10-Q filed 2025-11-07.
Q: What is Karman Holdings Inc.'s P/E ratio and how does it compare to peers?
Karman Holdings Inc. (KRMN) trades at a P/E ratio of 353.7x, which is above the sector median of N/A. EV/Sales 21.0x. Source: 10-Q filed 2025-11-07.
Q: How much debt does Karman Holdings Inc. have?
Karman Holdings Inc. (KRMN) has a debt-to-equity ratio of 1.9x with total debt of $757.8 million. Net debt $684.0 million. Source: 10-Q filed 2025-11-07.
Q: What is Karman Holdings Inc.'s revenue and earnings growth?
Karman Holdings Inc. (KRMN) grew revenue by 44.2% year-over-year. EPS +519.4% YoY. Source: 10-Q filed 2025-11-07.
Q: How does Karman Holdings Inc. compare to competitors in Industrials?
Compared to other companies in Industrials, Karman Holdings Inc. (KRMN) shows: ROIC 6.8%, sector median 7.3% (Bottom 50%). FCF margin -5.9%, sector median 4.7%. Gross margin 41.0%, 8.1pp above sector median. These rankings are based on MetricDuck's analysis of all Industrials companies with available SEC filings.
Q: What warning signs should I watch for with Karman Holdings Inc.?
Quantitative warning flags for Karman Holdings Inc. (KRMN): 1) FCF margin -5.9% (below 5%); 2) ROIC declining -28.7% over 8 quarters; 3) debt/equity 1.9x (above 1.5x threshold). Source: 10-Q filed 2025-11-07.
Data Source: Data sourced from 10-Q filed 2025-11-07. TTM metrics as of Q1 2026.
Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.
Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.
This analysis is for informational purposes only and does not constitute investment advice.