KBR reported strong Q4 and fiscal year 2022 results, driven by outstanding operational performance and enhanced margins. The company secured significant bookings and options, and is well-positioned in strategic end markets with favorable tailwinds. KBR also issued fiscal year 2023 guidance, reflecting confidence in continued growth and stakeholder value.
Revenue of $1.6 billion, up 23% on an ex-OAW year-over-year basis.
Net income attributable to KBR of $93 million with Adjusted EBITDA of $157 million (10% Adjusted EBITDA margin).
Diluted EPS of $0.62 and Adjusted EPS of $0.69, up 60% on an ex-OAW year-over-year basis.
Bookings and options of $1.5 billion during the quarter with 1.2x TTM book-to-bill.
KBR provided fiscal 2023 guidance, with revenue expected to be between $6.9B and $7.1B, Adjusted EBITDA between $715M and $745M, Adjusted EPS between $2.76 and $2.96, an effective tax rate between 24% and 25%, and operating cash flows between $425M and $460M.