KBRKBR, INC.
Heavy Construction Other Than Bldg Const - Contractors
- Revenue
- $7.8B
- 1.0% YoY
- Operating margin
- 10.0%
- 17% YoY
- EBITDA
- $947M
- 16% YoY
- Market cap
- $4.9B
- Employees
- 36,000
- $216K revenue each
- Net debt / EBITDA
- 2.2×
- $2.1B net debt
- AI in 10-K
- 3.5
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo134% of net incomeCash flow under 80% of net income
- Dilutive SBCNo0% of revenueOver 10% of revenue
- Payouts exceed cash flowNo74% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo38% of assetsOver 40% of assets
- Shareholder dissentNo—Any vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeYes$216K · 13th pctBottom quartile of its SIC industry
- Quiet on AINo3.5 per 10K words · 74th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo2.2× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$4.9B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$945K netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|
| Revenue | $6.6B | $7.0B | $7.7B | $7.8B | 1.0% |
| Operating income | $343M | $449M | $659M | $778M | 18% |
| Net income | $190M | −$265M | $375M | $415M | 11% |
| Operating cash flow | $396M | $331M | $462M | $557M | 21% |
| Capex | $71M | $62M | $52M | $42M | 19% |
| Buybacks | $203M | $138M | $218M | $329M | 51% |
| Dividends | $66M | $72M | $79M | $84M | 6.3% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $945K · 4
- Open-market sells, 12 mo
- $0 · 0
- Net
- $945K
Pay vs performance
No pay-versus-performance disclosure yet.