earnings
confidence medium
sentiment positive
materiality 0.70
KBR reports fiscal 2023 backlog up 10% to $21.7B, dividend up 11%, issues 2024 guidance
KBR, INC.
2023-FY EPS reported
-$1.96
revenue$6,956,000,000
- Fiscal 2023 backlog and options $21.7B, up 10% YoY; TTM book-to-bill 1.1x (excl. UK PFIs).
- Settled remaining convertible notes and warrants for cash, avoiding dilution; extended debt maturities.
- Board approved 11% increase in annual dividend per share.
- Fiscal 2024 guidance issued; company expects continued operational performance.
- Fiscal 2023 bookings and options $10.5B, including Q4 awards of $1.7B.