Archer Aviation vs Kratos Defense & Security Solutions
Add, change or remove companies; up to four.
The short version
- Kratos Defense & Security Solutions is the larger business, with $1.3B of revenue in fiscal 2025 against $0.3M for Archer Aviation, about 1,347 times as much.
- Kratos Defense & Security Solutions kept more of each dollar of sales as operating profit (1.9% operating margin, against β243,100.0%).
- Kratos Defense & Security Solutions turned more of its sales into free cash flow (β10.2% FCF margin, against β170,566.7%).
| Latest fiscal year | ACHR Β· FY25 | KTOS Β· FY25 |
|---|---|---|
| Size | ||
| Market cap | $3.1B | $7.4B |
| Revenue | $0.3M | $1.3B |
| Free cash flow | β$512M | β$137M |
| Net income | β$618M | $22.0M |
| Growth | ||
| Revenue growth | β | 18.5% |
| 5-year growth | β | 12.5% |
| Share count change | 65.7% | 9.5% |
| Profitability | ||
| Gross margin | 33.3% | 22.9% |
| Operating margin | β243,100.0% | 1.9% |
| Net margin | β206,066.7% | 1.6% |
| FCF margin | β170,566.7% | β10.2% |
| Return on capital | β | 1.2% |
| Return on equity | β41.8% | 1.3% |
| Balance sheet | ||
| Net debt | β$1.9B | β$461M |
| Net debt / EBITDA | β | β6.4x |
| Dividends and buybacks | $0.0M | $0.0M |
| Valuation & quality | ||
| P/E | β | β |
| Piotroski F-score | 5 | 4 |
Revenue
FY16
ACHR β
KTOS $669M
FY17
ACHR β
KTOS $752M
FY18
ACHR β
KTOS $618M
FY19
ACHR β
KTOS $718M
FY20
ACHR β
KTOS $748M
FY21
ACHR β
KTOS $812M
FY22
ACHR β
KTOS $898M
FY23
ACHR $0.0M
KTOS $1.0B
FY24
ACHR $0.0M
KTOS $1.1B
FY25
ACHR $0.3M
KTOS $1.3B
ACHR
KTOS
Operating margin
FY16
ACHR β
KTOS β2.7%
FY17
ACHR β
KTOS β1.6%
FY18
ACHR β
KTOS 4.9%
FY19
ACHR β
KTOS 5.3%
FY20
ACHR β
KTOS 3.9%
FY21
ACHR β
KTOS 3.4%
FY22
ACHR β
KTOS β0.3%
FY23
ACHR β
KTOS 3.0%
FY24
ACHR β
KTOS 2.6%
FY25
ACHR β243,100.0%
KTOS 1.9%
ACHR
KTOS
Free cash flow
FY16
ACHR β
KTOS β
FY17
ACHR β
KTOS β
FY18
ACHR β
KTOS β
FY19
ACHR β
KTOS β
FY20
ACHR β$24.2M
KTOS $8.8M
FY21
ACHR β$112M
KTOS β$11.2M
FY22
ACHR β$207M
KTOS β$71.1M
FY23
ACHR β$316M
KTOS $12.8M
FY24
ACHR β$451M
KTOS β$8.5M
FY25
ACHR β$512M
KTOS β$137M
ACHR
KTOS
Return on capital
FY16
ACHR β
KTOS β2.2%
FY17
ACHR β
KTOS β1.4%
FY18
ACHR β
KTOS 2.3%
FY19
ACHR β
KTOS 3.9%
FY20
ACHR β
KTOS 3.6%
FY21
ACHR β
KTOS 1.5%
FY22
ACHR β
KTOS β0.2%
FY23
ACHR β
KTOS 1.3%
FY24
ACHR β
KTOS 1.5%
FY25
ACHR β
KTOS 1.2%
ACHR
KTOS
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.