Karman

Karman

Aerospace & Defense
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.

$4.4B

Market Cap • 9/22/2026

2020

(6 years)

Founded

2025

(1 year ago)

IPO

NYSE

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

10,5

P/S

7,5

P/EBITDA

25,6

P/OCF

P/FCF

P/E

115,5

BVPS

3,2

EPS

0,3

Market Cap

Market Cap

4,4B

EV

5,3B

EV/Revenue

8,9

EV/EBITDA

30,3

EV/EBIT

53,1

Payout

Dividend Per Share

0

Dividend Yield

0%

Buyback Yield

0%

Total Yield

0%

Dividend Yield 5Y

0%

Payout

0%

Retained Earnings

30,9M

Profitability

Gross Margin

41,7%

EBITDA Margin

29,5%

EBIT Margin

16,8%

Net Margin

6,3%

D&A/EBITDA

25,1%

R&D/Revenue

0%

Capex/Revenue

7,2%

Capex/D&A

56,6%

Capex/OCF

-168,3%

SBC/OCF

% PPE

15,7%

% Goodwill

34,5%

ROE

9,5%

ROIC

6,3%

Leverage

N.D./EBITDA

4,7

Debt/Equity

0%

Current Ratio

5,3

Quick Ratio

2,3

Interest Coverage

201,4%

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