KBR
KBR, Inc.
KBR has the edge over RDW overall, supported by lower modeled downside and stronger valuation.
RDW
Redwire Corporation
RDW offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
KBR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Under pressure | |
| Stable |
KBR's profitability is currently healthy, and its revenue and balance sheet are stable, but its cash flow is under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
KBR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9x | $35.32 | — |
| Current | 10x | $35.32 | — |
| Cheap | 13x | $44.16 | +25% |
| Fair | 23x | $80.26 | +127% |
| Expensive | 50x | $175 | +395% |
Historical ranges are pointers, not guarantees.
KBR's PE is in its cheap range at 10x. On analysts' estimates for next year's earnings, today's price would be 9.0x.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
KBR Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Growth | |
| Weakening | |
| Limited | |
| Moderate |
Analysts expect KBR's revenue to grow, but its profitability to weaken.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over KBR on the outlook, with more favorable earnings and profitability expectations.
KBR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.90 | +12% |
| Q3 2026 | $3.48 | +20% |
| Q2 2026 | $3.32 | +21% |
| Q1 2026 | $3.13 | +5% |
| Q4 2025 | $3.21 | +15% |
| Q3 2025 | $2.90 | +17% |
| Q2 2025 | $2.75 | +76% |
| Q1 2025 | $2.98 | +$4.81 |
| Q4 2024 | $2.79 | +$4.75 |
KBR has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
KBR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2B | +5% |
| Q2 2026 | $2B | +1.6% |
| Q1 2026 | $1.9B | -6.4% |
| Q4 2025 | $1.9B | -11% |
| Q3 2025 | $1.9B | -0.8% |
| Q2 2025 | $2B | +5.2% |
| Q1 2025 | $2.1B | +13% |
| Q4 2024 | $2.1B | +23% |
KBR's revenue is recovering but still below its 2021 peak: $2B last quarter, up 5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.2% | -0.7 points |
| Q2 2026 | 8.7% | -1.3 points |
| Q1 2026 | 9.4% | -0.1 points |
| Q4 2025 | 10% | +3.4 points |
| Q3 2025 | 9.9% | +1 points |
| Q2 2025 | 9.9% | +0.2 points |
| Q1 2025 | 9.5% | +0.4 points |
| Q4 2024 | 6.7% | -1.8 points |
KBR has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over KBR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
KBR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $163M | -14% |
| Q2 2026 | $34M | -83% |
| Q1 2026 | $98M | +10% |
| Q4 2025 | $33M | +94% |
| Q3 2025 | $190M | +34% |
| Q2 2025 | $203M | +27% |
| Q1 2025 | $89M | +35% |
| Q4 2024 | $17M | -73% |
KBR has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
KBR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -1M shares |
| 1 year | -1.6% | -2M shares |
| 3 years | -6.7% | -9M shares |
| 5 years | -13% | -19M shares |
| Available history | -11% | -16M shares |
KBR has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $25M |
| Q1 2026 | $4M |
| Q4 2025 | $25M |
| Q3 2025 | $100M |
| Q2 2025 | $48M |
| Q1 2025 | $156M |
| Q4 2024 | $51M |
KBR spent $54M buying back its own shares over the past year, down 85% from the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
KBR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.4x | Moderate |
| Q2 2026 | 2.5x | Moderate |
| Q1 2026 | 2.4x | Moderate |
| Q4 2025 | 2.2x | Moderate |
| Q3 2025 | 2.3x | Moderate |
| Q2 2025 | 2.5x | Moderate |
| Q1 2025 | 2.7x | Moderate |
| Q4 2024 | 2.7x | Moderate |
KBR's net debt is about 2.4 years of its operating earnings (EBITDA), about the same as a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
KBR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.1 | Neutral |
| Stochastic | 49.2 | Neutral |
KBR's weekly RSI is 45 (neutral) and its Stochastic is 49 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
KBR PE vs Industrials Sector
| Metric | KBR | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 24x | 58% below |
| PE % | 0 | 58 | 58 pts below |
KBR is trading at 10x earnings, a 58% discount to the Industrials sector's median of 24x.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
KBR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.4 | 2.9% below |
| 20 week MA | $36.7 | 3.7% below |
| 50 week MA | $37.8 | 6.6% below |
| 100 week MA | $43.9 | 20% below |
| 200 week MA | $52.0 | 32% below |
KBR is in a downtrend: it's below all five of its weekly moving averages, and 32% below its 200-week average.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
KBR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.6 | $29.7 | -2.8% |
| 2021 | $29.7 | $46.7 | +57% |
| 2022 | $46.7 | $52.3 | +12% |
| 2023 | $52.3 | $55.4 | +6% |
| 2024 | $55.4 | $57.1 | +3% |
| 2025 | $57.1 | $40.2 | -30% |
| 2026 YTD | $40.2 | $35.3 | -12% |
KBR has finished higher in four of the last six years. It's down 12% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over KBR on returns for 2026, with the stronger performance.