# Karman Holdings share price today (Karman Holdings Inc., KRMN)

> Karman Holdings Inc.'s earnings have grown faster than its share price. Earnings per share grew +70.7% in a year while the price moved −53.1%. KRMN · Industrials · Aerospace & Defense · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/krmn

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## Key numbers

- Price: $39.51 (−53.1% in a year)
- P/E: 146.3× (lower than 89% of the last 1 year)
- Revenue (Jun 2026): $182 M (+58.2% on a year ago)
- Profit (Jun 2026): $14.0 M (+106.1% on a year ago)
- Operating margin: 20.2% (+0.5 points on a year ago)
- ROE: 5%, FY25
- ROIC: 5.6%
- Profit that came in as cash: 72%, last 3 years

The main question: yearly earnings per share moved +70.7% while the share price moved −53.1%. ## What is the Karman Holdings share price today? Karman Holdings Inc.'s share price was $39.51 at the close on 3 November 2026. It has been falling for 5 weeks. That is 37.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $33 and $109, and at that close it sat 9% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 31 weeks running. Over the last 1 year the share price moved +23% while the S&P 500 moved +24%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 2 April 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Karman Holdings pay? Karman Holdings Inc. pays no dividend. In the last 11 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Karman Holdings on? Karman Holdings is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Karman Holdings profitable? Karman Holdings Inc. earned $14.0 M of net profit in the Jun 2026 quarter, +106.1% on the same quarter a year earlier. Full-year FY25 profit was $17.4 M. That is 7.7% of the quarter's revenue. The same quarter a year earlier earned $6.8 M. 1 of the last 11 reported quarters were loss-making. For the full year, FY25 profit was $17.4 M (+36.7% on the year before). Why profit moved: revenue changed +58.2% on a year earlier and the margin moved +0.5 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +180.8% and revenue +49.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Karman Holdings make, and is it growing? Karman Holdings Inc. reported $182 M of revenue in the Jun 2026 quarter, +58.2% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 3 years it has grown 27.7% a year on average. The last full year, FY25, came in at $472 M. The last four reported quarters add to $590 M. FY25 revenue was $472 M, +36.6% on the year before. Recent pace: the last four quarters grew +49.6% on average, against 27.7% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every $100 of sales does Karman Holdings keep? Karman Holdings Inc.'s operating margin was 20.2% in the Jun 2026 quarter, 0.5 percentage points higher than the same quarter a year ago. Across 4 years it has been between 9.0% and 18.4%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +0.5 percentage points on the year while gross margin changed +2.1 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Karman Holdings' profit turning into cash? Over the last 3 years, 72% of Karman Holdings Inc.'s reported profit came in as cash from its operations, so most of the profit is real cash. In FY25 its operations used $22.1 M of cash, against $17.4 M of profit. After $20.3 M of spending on assets, free cash was −$42.5 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Karman Holdings' cash go? Karman Holdings Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $52.4 M on assets over the last 3 years. Averaged over those years that is 3.7% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $52.4 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Karman Holdings' P/E ratio, and how does it compare with its own history? Karman Holdings Inc.'s P/E is 146.3×, near the low end of its own history: it has been lower only 11% of the time. Its usual P/E (the middle reading) is 741.6×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +70.7% while the price moved −53.1%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Karman Holdings business getting better or worse? Karman Holdings Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 8 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Karman Holdings earn on its capital? Karman Holdings Inc. earned a ROE of 5% in FY25. That is up from a low of −8% in FY22. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 3.7% net margin and 0.43× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 3.7% net margin × 0.43× asset turnover × 2.89× leverage (assets divided by equity) ≈ 4.6% on equity. The margin does its share; borrowing is a big part of it. ## Does Karman Holdings have too much debt? Karman Holdings Inc. has total debt of $875 M against shareholder equity of $421 M as of Jun 2026, so its debt is 2.08× its equity. Year by year, that ratio went from 2.27 in FY22 to 1.53 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Karman Holdings shareholding pattern? 14.7% of Karman Holdings Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 3.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Karman Holdings from balance-sheet trouble? For Karman Holdings Inc., the Z-score is 6.47. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 6.47 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Karman Holdings rank in its industry? There is no score against its industry: Karman Holdings Inc. is not among the largest members shown in this industry comparison for Aerospace & Defense. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Karman Holdings compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Karman Holdings in size? Karman Holdings is the 30th largest of 61 Aerospace & Defense companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: AeroVironment, Inc., Hexcel Corporation and BETA Technologies, Inc. Just below it: VSE Corporation, Planet Labs PBC and Mercury Systems, Inc. ### Aerospace & Defense companies close in size

1. [AeroVironment, Inc.](https://www.sectoralpha.in/us/stocks/avav) $6.3 billion
2. [Hexcel Corporation](https://www.sectoralpha.in/us/stocks/hxl) $6.2 billion
3. [BETA Technologies, Inc.](https://www.sectoralpha.in/us/stocks/beta) $5.5 billion
4. Karman Holdings Inc. $5.2 billion
5. [VSE Corporation](https://www.sectoralpha.in/us/stocks/vsec) $5.1 billion
6. [Planet Labs PBC](https://www.sectoralpha.in/us/stocks/pl) $4.9 billion
7. [Mercury Systems, Inc.](https://www.sectoralpha.in/us/stocks/mrcy) $4.8 billion

[All 61 Aerospace & Defense companies, largest first](https://www.sectoralpha.in/us/sectors/aerospace-defense#all-companies)

### Companies close in size in other industries

1. [Rush Enterprises, Inc.](https://www.sectoralpha.in/us/stocks/rusha) $5.2 billion · Auto & Truck Dealerships
2. [Braze, Inc.](https://www.sectoralpha.in/us/stocks/brze) $5.2 billion · Software - Application
3. Karman Holdings Inc. $5.2 billion
4. [Schneider National, Inc.](https://www.sectoralpha.in/us/stocks/sndr) $5.2 billion · Trucking
5. [West Fraser Timber Co. Ltd.](https://www.sectoralpha.in/us/stocks/wfg) $5.2 billion · Lumber & Wood Production

## What else do people ask about Karman Holdings? ### What were Karman Holdings's latest quarterly results? Karman Holdings Inc. reported revenue of $182 M and net profit of $14.0 M for the Jun 2026 quarter. Revenue rose 58.2% and profit rose 106.1% compared with a year earlier. Earnings per share were $0.11. The operating margin was 20.2%, 0.5 percentage points higher than a year earlier (as of 3 November 2026). ### What is Karman Holdings's market cap? Karman Holdings Inc.'s market capitalisation is $5.2 B at a stock price of $39.51. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Karman Holdings performing? Karman Holdings Inc.'s share price has been falling for 5 weeks. In its latest quarter, revenue rose 58.2% and profit rose 106.1% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 31 weeks running (as of 3 November 2026). ### Will Karman Holdings's stock price go up? This page does not forecast Karman Holdings Inc.'s stock price. What it shows instead: the stock price is $39.51, and it has been falling for 5 weeks. Its P/E of 146.3× is higher than 11% of its own last 2 years (as of 3 November 2026). ### Where is Karman Holdings in its business cycle? Karman Holdings Inc.'s FY25 operating margin was 15.5%, against a 4-year range of 9.0% to 18.4%: the middle of its own range, neither a peak nor a low. The latest quarter was 20.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Karman Holdings story? The main question: yearly earnings per share moved +70.7% while the share price moved −53.1%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Karman Holdings a stock worth studying right now? What the numbers show: Karman Holdings Inc.'s earnings have grown faster than its share price. Earnings per share grew +70.7% in a year while the price moved −53.1%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.