KBR, Inc. (KBR)
NYSEIndustrialsEngineering & ConstructionSnapshot 2026-09-04
$36.82-1.26%
Close 2026-09-04 · 1-day change
NYSEIndustrialsEngineering & ConstructionSnapshot 2026-09-04
QuarterlyIQ Insights · KBR
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Advance the planned tax-free spin-off of the Mission Technology Solutions segment into a separate publicly traded company by early fiscal 2027.
Stated as a priority in 3 of last 3 quarters. Management has consistently emphasized advancing the planned spin-off of Mission Technology Solutions, targeting completion on January 4, 2027. Preparations include leadership appointments and business realignments. The trajectory is delivering as planned with ongoing progress toward separation.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 51% of the time over the next year (vs 60% for the rest of the cohort, n=9249).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“As we prepare for separation, we are taking actions to simplify our cost structure and position both companies to compete as standalone businesses.”
“We are continuing to execute on our planned spin transaction, which will sharpen strategic focus and create long-term value for shareholders.”
“We made meaningful progress on the planned spin-off, sharpening the strategic focus of each business and positioning both companies for long-term value creation.”
Simplify cost structure, improve efficiency, and manage margins with discipline across both segments ahead of spin-off.
Stated as a priority in 3 of last 3 quarters. Operating income margin declined from 9.9% in 2025-Q2 to 8.7% in 2026-Q2, partly due to one-time spin-off costs, while adjusted EBITDA margin improved from 12.3% to 13.0%. Management's focus on cost discipline and efficiency shows mixed results with adjusted EBITDA margin improving but operating income margin declining.
“We are taking actions to simplify our cost structure, improve efficiency and position both companies to compete more effectively.”
“We remain focused on managing costs and margins with discipline and generating strong cash flow.”
“We expanded margins and generated robust cash flow while continuing to advance our strategy.”
Drive bookings and backlog growth across Mission Technology Solutions and Sustainable Technology Solutions segments.
Stated as a priority in 3 of last 3 quarters. Backlog and options remained stable around $23 billion from 2025-Q4 to 2026-Q2, while bookings and options declined from $2.0 billion to $1.8 billion. Book-to-bill ratios stayed near 1.1x, indicating steady demand. The trajectory shows stable backlog with slight softness in bookings.
“Bookings and options of $1.8 billion with 1.1x book-to-bill; backlog and options totaled $23.0 billion.”
“Bookings and options of $1.9 billion with 1.1x book-to-bill; backlog and options totaled $23.2 billion.”
“Bookings and options of $2.0 billion with 0.9x book-to-bill; backlog and options totaled $23.2 billion.”
Continue paying regular dividends at $0.165 per share quarterly to shareholders.
Stated as a priority in 4 of last 4 quarters. Dividend per share has been consistently maintained at $0.165 each quarter from 2025-Q3 through 2026-Q2. This reflects management's commitment to consistent shareholder returns. The trajectory is delivering steady dividend payments.
“Dividend per share of $0.165 maintained.”
“Dividend per share of $0.165 maintained.”
“Dividend per share of $0.165 maintained.”
“Dividend per share of $0.165 maintained.”
Focus on generating strong operating and adjusted operating cash flows to support business and shareholder returns.
Stated as a priority in 3 of last 3 quarters. Operating cash flows from continuing operations declined from $110 million in 2026-Q1 to $50 million in 2026-Q2. Adjusted operating cash flows also declined. Despite management focus on strong cash flow generation, the trajectory shows a decline in cash flow in the most recent quarter.
“Operating cash flows from continuing operations were $50 million.”
“Operating cash flows from continuing operations were $110 million.”
“Operating cash flows from continuing operations were $51 million.”
Over the trailing year it converted 1.15x of net income into operating cash flow. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 53% for the rest of the cohort, n=6654).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
12 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated stable grew net income 55% of the time over the next year (vs 58% for the rest of the cohort, n=2546).
Not investment advice. As of 2026-09-04.