profit from every $100 of sales.
$0$100
Karman Holdings
$40.66+0.40% today
-31.0% in 1 year
1-year low $30.141-year high $115.29
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $310.31 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Karman Holdings sold, what it kept, and what it did with the cash.
Sales went from $226 million in 2022 to $472 million in 2025, with $17.4 million of profit last year.
SalesProfit
Karman Holdings vs. similar companies
Karman Holdings grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Karman Holdings | 310.3× · Very expensive | ||
 SpaceX | No profit yet | ||
 GE Aerospace | 39.4× · Expensive | ||
 RTX | 39.8× · Expensive | ||
 Airbus | 31.2× · Expensive |
AI analysis
An AI analyst reads Karman Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 226 | 281 | 345 | 472 | |
| 81 | 106 | 132 | 190 | |
| 20 | 48 | 64 | 73 | |
| 55 | 76 | 98 | 120 | |
| -14 | 4 | 13 | 17 | |
| -0.11 | 0.04 | 0.10 | 0.13 | |
| 35.8% | 37.6% | 38.3% | 40.3% | |
| 9.0% | 17.3% | 18.4% | 15.5% | |
| -6.2% | 1.6% | 3.7% | 3.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 683 | 711 | 774 | 1,104 |
| Cash | 7 | 5 | 12 | 34 |
| Total debt | 404 | 409 | 448 | 587 |
| Total liabilities | 505 | 528 | 578 | 721 |
| 0 | 0 | 196 | 383 | |
| 124 | 124 | 132 | 132 | |
| 4.0% | 9.5% | 8.0% | 6.3% | |
| – | – | 6.5% | 4.5% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -6 | 20 | 27 | -22 | |
| 21 | 17 | 15 | 20 | |
| -27 | 4 | 11 | -42 | |
| Dividends paid | 0 | 1 | 0 | – |
| 0 | 1 | 0 | – | |
| 2 | 1 | 1 | 1 |
Valuation
- 310.3×
- 61.8×
- –
- 15.5×
- 11.4×
- –
- 49.6×
- -0.8%
- 0.3%
- 0.0%
Profitability
- 40.3%
- 15.5%
- 3.7%
- 26.4%
- 6.4%
- 7.1%
- 7.4%
- 2.1%
- 6.4%
- –
Growth
- +27.7%
- –
- −472.6%
- –
- +2.2%
Financial health
- 4.6×
- 1.53
- 61.2%
- 1.7×
- 3.29
- 3.38
- 0.37
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 36%of 982
Top 20%of 991
Bottom 1%of 876
Top 8%of 989
Bottom 15%of 988
What analysts expect
- Average price target
- $119.67
- Range
- $98.00 – $130.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 12, 2026 | 0.11 | 0.08 | +37.5% |
| Mar 25, 2026 | 0.11 | 0.11 | +0.0% |
| Nov 6, 2025 | 0.10 | 0.11 | −10.5% |
| Aug 7, 2025 | 0.10 | 0.11 | −9.1% |
| May 13, 2025 | 0.05 | 0.02 | +123.6% |
| Apr 8, 2025 | 0.01 | – | – |
News
Karman Line Acquisition prices $200M SPAC IPOSeeking Alpha · Aug 18, 2026The newest story we have is from Aug 18, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
21No pass
Benjamin Graham
30No pass
Philip Fisher
40No pass
Peter Lynch
67Pass
Joel Greenblatt
2No pass
Charlie Munger
20No pass
Terry Smith
21No pass
Questions about Karman Holdings
Is Karman Holdings a good stock to buy?
A business with weak numbers, priced as if everything goes right. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Karman Holdings AI analysis
What does Karman Holdings do?
Karman Holdings Inc., through its subsidiary, engages in designing, testing, manufacturing, and sale of mission-critical systems in the United States. The company offers payload protection and deployment systems, aerodynamic interstage systems, and propulsion systems. It is in Aerospace & Defense, based in Huntington Beach, CA, United States, with 1,400 employees.
Does Karman Holdings pay a dividend?
No. Karman Holdings does not pay a dividend at the moment.
Is Karman Holdings stock halal?
Questionable. Karman Holdings sits in a grey zone: scholars disagree about its industry. How we check
How has Karman Holdings stock done over the past year?
Down 31.0% over the past twelve months, to $40.66. It traded between $30.14 and $115.29 and is 64.7% below its high.
Who are Karman Holdings's competitors?
The largest listed companies in the same industry are SpaceX, GE Aerospace, RTX and Airbus. The peers table on this page compares their profit, growth and price with Karman Holdings's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.