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.

Compare

Total returnDRS vs KTOS

growth of $100 · dividends reinvested · last 10y
DRS +3114.9% (+41.5%/yr)KTOS +617.2% (+21.8%/yr)DRS compounded faster over this window
01k2k3k4kStart $10020182020202220242026$3,215$717
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

MetricDRSKTOS
P/E ratio30.98274.88
Forward P/E26.94N/A
P/S ratio2.635.77
P/B ratio3.542.56
EV / EBITDA20.8866.19
FCF yield3.66%N/A

Profitability

MetricDRSKTOS
Gross margin24.87%21.99%
Operating margin10.53%1.54%
Net margin8.52%2.03%
ROE11.49%0.90%
ROIC10.51%0.49%

Dividends

MetricDRSKTOS
Dividend yield1.00%N/A
Payout ratio30.00%N/A

Growth (annualized)

MetricDRSKTOS
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.

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.