Leonardo DRS, Inc. (DRS) vs Kratos Defense & Security Solutions, Inc. (KTOS)
A side-by-side comparison of Leonardo DRS, Inc. and Kratos Defense & Security Solutions, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
DRS
Leonardo DRS, Inc.
$37.18IndustrialsDelayed quote: Sep 23, 2026, 1:40 PM EDT
KTOS
Kratos Defense & Security Solutions, Inc.
$46.84IndustrialsDelayed quote: Sep 23, 2026, 1:40 PM EDT
Total return — DRS vs KTOS
growth of $100 · dividends reinvested · last 10yDRS +3114.9% (+41.5%/yr)KTOS +617.2% (+21.8%/yr)DRS compounded faster over this window
DRS KTOS
DRS vs KTOS: by the numbers
- •DRS is the larger company ($9.92B vs $8.78B market cap).
- •DRS trades at the lower trailing earnings multiple (30.98 vs 274.88 P/E), one valuation lens rather than an overall verdict.
- •DRS converts more revenue to profit (8.52% vs 2.03% net margin).
- •KTOS grew revenue faster over the past five years (13.51% vs 5.56% CAGR).
- •DRS pays a dividend (1.00% yield), while KTOS has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | DRS | KTOS |
|---|---|---|
| P/E ratio | 30.98 | 274.88 |
| Forward P/E | 26.94 | N/A |
| P/S ratio | 2.63 | 5.77 |
| P/B ratio | 3.54 | 2.56 |
| EV / EBITDA | 20.88 | 66.19 |
| FCF yield | 3.66% | N/A |
Profitability
| Metric | DRS | KTOS |
|---|---|---|
| Gross margin | 24.87% | 21.99% |
| Operating margin | 10.53% | 1.54% |
| Net margin | 8.52% | 2.03% |
| ROE | 11.49% | 0.90% |
| ROIC | 10.51% | 0.49% |
Dividends
| Metric | DRS | KTOS |
|---|---|---|
| Dividend yield | 1.00% | N/A |
| Payout ratio | 30.00% | N/A |
Growth (annualized)
| Metric | DRS | KTOS |
|---|---|---|
| Revenue CAGR (5Y) | 5.56% | 13.51% |
| EPS CAGR (5Y) | 13.00% | -28.43% |
| FCF CAGR (5Y) | 26.07% | -4.96% |
| Total return CAGR (5Y) | 27.69% | 15.51% |
Frequently asked
- Which has the lower trailing P/E, DRS or KTOS?
- DRS has the lower trailing P/E: DRS trades at 30.98 and KTOS at 274.88. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DRS or KTOS?
- Over the past five years, KTOS grew revenue faster — DRS at a 5.56% CAGR versus KTOS at 13.51%.
- Does DRS or KTOS pay a bigger dividend?
- DRS pays a dividend (1.00% yield), while KTOS has no payments in the available dividend history.
- Is DRS or KTOS more profitable?
- DRS runs the higher net margin — DRS at 8.52% versus KTOS at 2.03%.
- How have DRS and KTOS total returns compared?
- Over the past 10 years, DRS delivered 41.97% and KTOS delivered 21.73% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Leonardo DRS P/E ratioKratos Defense & Security Solutions P/E ratioLeonardo DRS dividend yieldLeonardo DRS ROEKratos Defense & Security Solutions ROELeonardo DRS operating marginKratos Defense & Security Solutions operating marginLeonardo DRS revenue growthKratos Defense & Security Solutions revenue growthLeonardo DRS free cash flowKratos Defense & Security Solutions free cash flow
Leonardo DRS & Kratos Defense & Security Solutions appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.