What is KBR's gross profit margin?

What is KBR's latest dividend and current dividend yield?

What guidance did KBR's management provide for the next earnings period?

What does KBR do and what are its main business segments?

What factors drove the changes in KBR's revenue and profit?

What is the market's earnings forecast for KBR next quarter?

Did KBR beat or miss consensus estimates last quarter?

What were the key takeaways from KBR's earnings call?

- **Resilient EBITDA Growth**: 10% rise to $240M with 12.4% margin, driven by STS operational excellence.
- **Cash Conversion Excellence**: 130% operating cash flow conversion, supporting $360M shareholder returns.
- **Spin-Off Momentum**: Mission Technologies spin targeting 2026, with international expansion and pipeline strength underpinning both segments.
- **LNG Leadership**: Plaquemines equity earnings sustained, Abadi FEED awarded, positioning for 2026+ growth.
- **Government Risk Mitigation**: 60% EBITDA insulated from U.S. budget volatility, stable funded backlog despite shutdown.

**【CEO Summary Section】**
- **Sustainability Achievements**: Industry-leading safety metrics, 38% of 2024 revenue allocated to sustainability, and top MSCI ESG rating.
- **Financial Performance**: Flat Q3 revenue ($1.9B) with 10% adjusted EBITDA growth to $240M, driven by STS resilience. Adjusted EPS rose 21% to $1.02.
- **Cash Flow Strength**: Operating cash flow of $506M (130% conversion), with $80M from joint venture turnover.
- **Spin-Off Progress**: Mission Technologies spin-off targeting mid-2026 completion, with recruitment and branding underway.
- **Market Resilience**: 60% of EBITDA不受U.S.政府预算影响，政府停摆未显著影响运营。

**【CFO Financial Commentary】**
- **Segment Performance**: MTS flat ($1.4B), STS down 1% ($525M) due to back-end weighted bookings. STS EBITDA margin improved to 23.5%.
- **Guidance Update**: 2025 revenue guidance lowered to $7.75-7.85B, but reaffirmed EBITDA ($960-980M) and EPS ($3.78-3.88) targets.
- **Liquidity Management**: Net leverage reduced to 2.2x, with $360M returned to shareholders via buybacks and dividends.
- **Shutdown Impact**: $3B in protested wins delayed, but U.S. government backlog stable at $2B.

**【Q&A Highlights】**
- **STS Growth**: 2026 visibility from $5B bid pipeline, excluding LNG. Plaquemines LNG equity earnings expected to sustain through 2027.
- **MTS Strategy**: Defense & Intel up 14%, offsetting R&S decline. SpinCo CEO/CFO recruitment progressing.
- **LNG Activity**: Abadi FEED awarded, Plaquemines Phase 2 approvals pending. Lake Charles FID expected Q1 2026.
- **International Expansion**: Australia growth >10%, U.K. pipeline improving post-defense review. Middle East wins in Iraq, Kuwait, UAE.
- **Spin-Off Interest**: No external acquisition interest disclosed; focus on standalone value creation.

KBR, Inc. (KBR) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

KBR

KBR fundamentals

You can ask Aime