Karman (KRMN)

Industrials · Aerospace & Defense
$32.59 +2.84% on the day Market cap $4.3B 52-week range $30.87 to $118.38 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Karman's free cash flow was negative in fiscal 2025, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

D

Five factors scored 1 to 9 from KRMN's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation1
Profitability5
Growth9
Financial health5
Cash efficiency0

Results from SEC filings

Fiscal years, from Karman's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year2022202320242025
Revenue$226M$281M$345M$472M
Net income-$14M$4M$13M$17M
Free cash flow-$27M$4M$11M-$42M
EPS (diluted)-$0.09$0.03$0.08$0.13
Operating margin9.0%17.3%18.4%15.5%

Where the revenue comes from

Revenue by segments, fiscal 2025. Every breakdown, year by year.

Tactical Missiles & Integrated Defense Systems$172M36%
Hypersonic & Strategic Missile Defense$150M32%
Space & Launch$150M32%

Superinvestors who own KRMN

From each investor's latest 13F filing (what a 13F shows). 3 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Hersh Cohen
ClearBridge Investments
Added $73M0.06%Q2 2026
Ron Baron
Baron Capital (BAMCO)
Added $72M0.11%Q2 2026
Joel Greenblatt
Gotham Asset Management
Trimmed $518,8190.00%Q2 2026

Insider buying

Open-market purchases by Karman's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you. Every purchase since records began.

DateInsiderSharesPriceValue
Sep 16, 2026 Stephen Twitty
Director
275$36.79$10,117
Sep 16, 2026 Mary D Petryszyn
Director
500$37.44$18,720
Sep 16, 2026 David Stinnett
Director
27,000$37.32$1M

Get an alert at your buy price

Pick the price you'd be interested at. We'll email you when KRMN trades at or below it.

$

New accounts get 7 days of Pro, price alerts included. No card needed.

In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Karman insiders buying the stock?

3 open-market insider purchases of KRMN in the last 12 months, from SEC Form 4 filings.

Which superinvestors own Karman?

3 of the superinvestors Investingly tracks hold KRMN in their latest 13F, including Hersh Cohen, Ron Baron, Joel Greenblatt.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.