Sustainability Achievements
KBR published its 2024 sustainability report highlighting a 93% zero harm days and $2.9 billion allocated towards sustainability initiatives, up from $2.5 billion the previous year.
Strong Financial Metrics
KBR reported adjusted EBITDA margins up over 100 basis points to 12.4%, delivering an adjusted EBITDA of $240 million, up 10%. Adjusted EPS increased by 21% year-over-year.
Cash Flow Performance
Operating cash flow was $506 million year-to-date, a 24% increase from the prior year, with over 130% conversion against net income.
Significant Contract Wins
KBR secured a $2.5 billion contract to support astronaut health and human performance, and other strategic contracts with the Air Force Research Laboratory and the U.S. Space Force.
Resilient Book-to-Bill Ratio
KBR achieved a book-to-bill ratio of 1.4x for Q3, with a trailing 12-month ratio of 1.0x, and backlog and options increasing by 13% since the prior year-end.