Stocks · Industrials · Aerospace & Defense
Karman Holdings Inc. KRMN
$34.14 +7.06% Close, Oct 2, 2026 · NYSE · Market cap $4.52B
Strong growthWeak trendHigh risk
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $0.28, up 372.5% year over year.
- Revenue over the last four quarters was $589.6M, up 50.2% from a year earlier, accelerating from 44.2% a quarter earlier.
- At 119.8× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 8%
- EPS growth (TTM, YoY)Top 2%
- Revenue growth, 3-year CAGRTop 9%
- Revenue growth accelerationTop 17%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 46%
- Gross marginTop 22%
- Operating marginTop 19%
- Cash conversion (OCF / net income)Bottom 4%
- Accruals (lower is better)Bottom 7%
- Net debt / EBITDA (lower is better)Bottom 12%
- Interest coverBottom 39%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 37%
- Free-cash-flow yieldBottom 25%
- EBITDA / enterprise valueBottom 24%
- Sales / enterprise valueBottom 7%
- P/E vs own 5-year history (lower is better)Top 6%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 9%
- 6-month returnBottom 2%
- 1-year return vs S&P 500Bottom 8%
- Distance from 52-week highBottom 7%
- Trend checklist (0–4)Bottom 15%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 28%
- Consecutive EPS beatsBottom 39%
- Share of analysts rating BuyTop 10%
- Upside to consensus price targetTop 5%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 23%
- Maximum drawdown, 3 yearsBottom 18%
- Beta vs S&P 500 (lower is better)Bottom 15%
- Net debt / EBITDA (lower is better)Bottom 12%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 44.2% | 50.2% | ↑ |
| EPS growth (YoY) | 417.8% | 372.5% | ↓ |
| Gross margin | 39.5% | 41.7% | ↑ |
| Operating margin | 15.8% | 16.8% | ↑ |
| FCF margin | -7.9% | -4.7% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 50.2% | 44.2% | ↑ | Top 8% |
| EPS growth (TTM, YoY) | 372.5% | 417.8% | ↓ | Top 2% |
| Gross margin | 41.7% | 39.5% | ↑ | Top 22% |
| Operating margin | 16.8% | 15.8% | ↑ | Top 19% |
| Net margin | 6.3% | 2.0% | ↑ | — |
| Free-cash-flow margin | -4.7% | -7.9% | ↑ | — |
| Return on invested capital | 5.1% | — | Bottom 46% | |
| Revenue growth, 3-year CAGR | 27.7% | — | Top 9% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.16×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 2.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +7.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.77×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -0.02%
- Shareholder yield
- -0.02%
- Share count change, 1 year
- +0.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 11, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 2 of 6
- Average EPS surprise, last 4
- -3.3%
- Average 2-day reaction, last 8
- +0.5%
- Positive 20 days after report
- 3 of 7
Analysts
- Consensus price target
- $89.57
- Target vs current price
- +162.4%
- Analysts with a rating
- 9
- Share rating Buy or Strong Buy
- 89%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +6.8% | +0.0% | +12.3% | -26.7% | — |
| May 12, 2026 | -9.4% | +6.2% | +12.6% | -17.8% | -6.3% |
| Mar 25, 2026 | +0.0% | -2.2% | -21.4% | -19.4% | -50.5% |
| Nov 6, 2025 | -10.5% | -6.0% | -15.0% | -16.6% | +40.1% |
| Aug 7, 2025 | -9.1% | -0.8% | +6.6% | +9.8% | +76.1% |
| May 13, 2025 | +123.6% | +2.3% | +12.9% | +12.5% | +22.8% |
| Apr 8, 2025 | — | +3.8% | +21.4% | +43.2% | +68.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.14 | $0.13 | +6.8% | $182.1M |
| May 12, 2026 | $0.11 | $0.12 | -9.4% | $151.2M |
| Mar 25, 2026 | $0.11 | $0.11 | +0.0% | $134.5M |
| Nov 6, 2025 | $0.10 | $0.11 | -10.5% | $121.8M |
| Aug 7, 2025 | $0.10 | $0.11 | -9.1% | $115.1M |
| May 13, 2025 | $0.05 | $0.02 | +123.6% | $100.1M |
| Apr 8, 2025 | $0.01 | — | — | $91.2M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 119.8× | 483.5× | 0th | Bottom 37% |
| P/E (forward) | 58.2× | — | — | — |
| EV / EBITDA | 37.5× | — | — | Bottom 24% |
| EV / Sales | 9.07× | — | — | Bottom 7% |
| Free-cash-flow yield | -0.61% | — | — | Bottom 25% |
| Earnings yield | 0.83% | — | — | Bottom 37% |
P/E over the past five years
Range 217.4× – 310.7× since Sep 30, 2024. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -10.9%
- 200-day average slope (20 days)
- -4.1%
- Distance from 50-day average
- -24.6%
- Distance from 200-day average
- -50.4%
- RSI (14)
- 38.5
- Relative volume
- 0.79×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 68.8%
- Volatility vs own 5-year history
- 50th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.80
- Correlation with S&P 500
- 0.38
- Current drawdown from 1-year high
- -70.4%
- Maximum drawdown, 3 years
- -72.3%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 28, 2026 | Oct 1, 2026 | -72.3% | 170 days | Not yet recovered |
| Nov 3, 2025 | Nov 17, 2025 | -33.0% | 10 days | 33 days (Jan 6, 2026) |
| Mar 24, 2025 | Apr 7, 2025 | -28.6% | 10 days | 18 days (May 2, 2025) |
| Jul 17, 2025 | Aug 8, 2025 | -18.7% | 16 days | 19 days (Sep 5, 2025) |
| Mar 3, 2025 | Mar 6, 2025 | -15.8% | 3 days | 7 days (Mar 17, 2025) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $4.52B
- P/E (TTM)
- 119.8
- EPS, diluted (TTM)
- $0.28
- Revenue (TTM)
- $589.6M
- 52-week range
- $31.66 – $118.38
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $226.3M | $280.7M | $345.3M | $471.5M |
| Gross profit | $80.9M | $105.5M | $132.1M | $190.0M |
| Operating income | $20.4M | $48.5M | $63.6M | $72.9M |
| Net income | -$14.1M | $4.4M | $12.7M | $17.4M |
| EPS (diluted) | -$0.11 | $0.03 | $0.10 | $0.13 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $86.0M | $91.2M | $100.1M | $115.1M | $121.8M | $134.5M | $151.2M | $182.1M |
| Net income | $4.3M | $1.7M | -$4.8M | $6.8M | $7.6M | $7.7M | $7.8M | $14.0M |
| EPS (diluted) | $0.03 | $0.01 | -$0.04 | $0.05 | $0.06 | $0.06 | $0.06 | $0.11 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Operating cash flow | -$5.9M | $20.3M | $26.6M | -$22.1M |
| Capital expenditure | -$21.3M | -$16.8M | -$15.3M | -$20.3M |
| Free cash flow | -$27.2M | $3.6M | $11.4M | -$42.5M |
| Dividends paid | -$109,352 | -$788,592 | -$155,911 | $0 |
| Net share buybacks | $31.7M | -$788,592 | -$155,911 | $154.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $51.7M
- Total assets
- $1.44B
- Total liabilities
- $1.02B
- Total debt
- $875.3M
- Net debt
- $823.5M
- Shareholders’ equity
- $421.1M
As of Jun 30, 2026 (filed Aug 11, 2026).
Short interest
- Shares sold short
- 14,111,884
- Days to cover
- 3.96
- Change vs previous report
- -1.5%
FINRA short interest, settlement date Sep 15, 2026.