Leonardo DRS, Inc. (DRS) vs Kratos Defense & Security Solutions, Inc. (KTOS)
DRS leads on 12 of 14 compared metrics.
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 June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
DRS
Leonardo DRS, Inc.
$44.69Industrials
KTOS
Kratos Defense & Security Solutions, Inc.
$47.95Industrials
Total return — DRS vs KTOS
growth of $100 · last 27yDRS +129.8%KTOS -92.3%DRS compounded faster
Log scale — wide-divergence pair
DRS KTOS
DRS vs KTOS: by the numbers
- •DRS is the larger company ($11.92B vs $8.99B market cap).
- •DRS trades at the lower earnings multiple (41.38 vs 281.40 P/E).
- •DRS converts more revenue to profit (7.85% vs 2.08% net margin).
- •KTOS grew revenue faster over the past five years (12.85% vs 5.14% CAGR).
- •DRS pays a dividend (0.81% yield) while KTOS does not currently pay one.
Which is better, DRS or KTOS?
Metric tally: DRS 12 · KTOS 2It depends on what you're optimizing for:
ValueDRS(lower P/E)
GrowthKTOS(faster 5Y revenue CAGR)
QualityDRS(higher ROIC)
Metrics side by side
Valuation
| Metric | DRS | KTOS |
|---|---|---|
| P/E ratio | 41.38● | 281.40 |
| Forward P/E | 31.18 | — |
| P/S ratio | 3.25● | 6.08 |
| P/B ratio | 4.34 | 2.52● |
| PEG ratio | 1.10● | 32.78 |
| EV / EBITDA | 26.22● | 67.19 |
| FCF yield | 2.51% | — |
Profitability
| Metric | DRS | KTOS |
|---|---|---|
| Gross margin | 24.06%● | 21.80% |
| Operating margin | 9.91%● | 2.04% |
| Net margin | 7.85%● | 2.08% |
| ROE | 10.47%● | 0.86% |
| ROIC | 8.37%● | 0.83% |
Dividends
| Metric | DRS | KTOS |
|---|---|---|
| Dividend yield | 0.81% | — |
| Payout ratio | 34.29% | — |
Growth (annualized)
| Metric | DRS | KTOS |
|---|---|---|
| Revenue CAGR (5Y) | 5.14% | 12.85%● |
| EPS CAGR (5Y) | 13.00%● | 1.34% |
| FCF CAGR (5Y) | 21.01%● | -4.96% |
| Total return CAGR (5Y) | 29.91%● | 11.81% |
Frequently asked
- Which is better, DRS or KTOS?
- It depends on your goal. value: DRS (lower P/E); growth: KTOS (faster 5Y revenue CAGR); quality: DRS (higher ROIC). Across all compared metrics, DRS leads 12 to 2.
- Is DRS or KTOS cheaper?
- On trailing earnings, DRS is cheaper: DRS trades at a 41.38 P/E and KTOS at 281.40.
- Which has grown faster, DRS or KTOS?
- Over the past five years, KTOS grew revenue faster — DRS at a 5.14% CAGR versus KTOS at 12.85%.
- Does DRS or KTOS pay a bigger dividend?
- DRS pays a dividend (0.81% yield) while KTOS does not currently pay one.
- Is DRS or KTOS more profitable?
- DRS runs the higher net margin — DRS at 7.85% versus KTOS at 2.08%.
- Which has been the better investment, DRS or KTOS?
- Over the past 10-year, DRS delivered the higher annualized total return — DRS at 44.53% versus KTOS at 28.26%. 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 yieldKratos Defense & Security Solutions 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 June 24, 2026.