Api Group vs KBR
Api Group and KBR are similar in size: $7.91bn and $7.79bn of revenue in their latest fiscal years. Api Group grew faster (12.7% against 1.0%). KBR kept more of each dollar of sales as profit: a net margin of 5.3% against 3.8%. Api Group carries less debt relative to equity (81.5% against 172.7%).
| Latest fiscal year | Api GroupAPG, 2025 | KBRKBR, 2025 |
|---|---|---|
| Revenue | $7.91bn | $7.79bn |
| Revenue growth | 12.7% | 1.0% |
| Net income | $302m | $415m |
| Operating margin | 7.0% | 10.0% |
| Net margin | 3.8% | 5.3% |
| Return on equity | 9.5% | 28.1% |
| Free cash flow | $663m | $515m |
| Cash | $912m | $500m |
| Total debt | $2.78bn | $2.60bn |
| Debt to equity | 81.5% | 172.7% |
| Dividend per share | — | $0.66 |
| Dividend yield | — | 1.7% |
| Share buybacks | $75.0m | $329m |
| Employees | — | 36,000 |
| Market value | $20.12bn | $5.08bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 33 (Weak) | 47 (Moderate) |
| Insider trades, 12 months | 3 buys, 47 sales | 4 buys, 0 sales |