BYRN vs. KTOS
BYRN (Byrna Technologies Inc.) and KTOS (Kratos Defense & Security Solutions, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, BYRN returned 4.88%/yr vs 26.37%/yr for KTOS. At a 0.11 correlation, their price movements are largely independent.
Performance
BYRN vs. KTOS - Performance Comparison
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Returns By Period
In the year-to-date period, BYRN achieves a -76.98% return, which is significantly lower than KTOS's -36.52% return. Over the past 10 years, BYRN has underperformed KTOS with an annualized return of 4.88%, while KTOS has yielded a comparatively higher 26.37% annualized return.
BYRN
- 1D
- -1.90%
- 1M
- -39.13%
- 6M
- -77.79%
- YTD
- -76.98%
- 1Y
- -83.17%
- 3Y*
- -1.63%
- 5Y*
- -28.95%
- 10Y*
- 4.88%
KTOS
- 1D
- -1.35%
- 1M
- -16.55%
- 6M
- -57.62%
- YTD
- -36.52%
- 1Y
- -6.81%
- 3Y*
- 52.45%
- 5Y*
- 11.31%
- 10Y*
- 26.37%
BYRN vs. KTOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BYRN Byrna Technologies Inc. | -76.98% | -41.72% | 350.86% | -18.49% | -41.27% | -7.93% | 663.16% | 26.67% | 7.14% | -30.00% |
KTOS Kratos Defense & Security Solutions, Inc. | -36.52% | 187.76% | 30.01% | 96.61% | -46.80% | -29.27% | 52.30% | 27.82% | 33.05% | 43.11% |
Correlation
The correlation between BYRN and KTOS is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2011 | 0.11 |
Over the past year, BYRN and KTOS have become more correlated (0.36) than their long-term average of 0.11, meaning their price movements have been converging.
Fundamentals
BYRN:
$87.68M
KTOS:
$9.04B
BYRN:
-$0.16
KTOS:
$0.17
BYRN:
0.84
KTOS:
5.96
BYRN:
1.54
KTOS:
2.54
BYRN:
$108.86M
KTOS:
$1.42B
BYRN:
$57.17M
KTOS:
$259.40M
BYRN:
-$3.55M
KTOS:
$78.30M
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Return for Risk
BYRN vs. KTOS — Risk / Return Rank
BYRN
KTOS
BYRN vs. KTOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Byrna Technologies Inc. (BYRN) and Kratos Defense & Security Solutions, Inc. (KTOS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BYRN | KTOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.12 | ||
| Sortino ratioReturn per unit of downside risk | -2.97 | ||
| Omega ratioGain probability vs. loss probability | 0.69 | 1.07 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | 0.06 | -1.05 |
| Martin ratioReturn relative to average drawdown | -1.65 | 0.12 | -1.78 |
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Drawdowns
BYRN vs. KTOS - Drawdown Comparison
The maximum BYRN drawdown since its inception was -92.51%, smaller than the maximum KTOS drawdown of -99.81%. Use the drawdown chart below to compare losses from any high point for BYRN and KTOS.
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Drawdown Indicators
| BYRN | KTOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.51% | -99.81% | +7.30% |
Max Drawdown (1Y)Largest decline over 1 year | -86.01% | -64.57% | -21.44% |
Max Drawdown (3Y)Largest decline over 3 years | -88.70% | -64.57% | -24.13% |
Max Drawdown (5Y)Largest decline over 5 years | -92.51% | -66.97% | -25.54% |
Max Drawdown (10Y)Largest decline over 10 years | -92.51% | -72.74% | -19.77% |
Current DrawdownCurrent decline from peak | -88.70% | -96.95% | +8.25% |
Average DrawdownAverage peak-to-trough decline | -52.50% | -95.93% | +43.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.63% | 34.02% | +17.61% |
Volatility
BYRN vs. KTOS - Volatility Comparison
Byrna Technologies Inc. (BYRN) has a higher volatility of 46.46% compared to Kratos Defense & Security Solutions, Inc. (KTOS) at 17.75%. This indicates that BYRN's price experiences larger fluctuations and is considered to be riskier than KTOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BYRN | KTOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 46.46% | 17.75% | +28.71% |
Volatility (6M)Calculated over the trailing 6-month period | 74.13% | 55.94% | +18.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.31% | 71.86% | +10.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.22% | 52.63% | +22.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.16% | 50.89% | +45.27% |
Dividends
BYRN vs. KTOS - Dividend Comparison
Neither BYRN nor KTOS has paid dividends to shareholders.
Financials
BYRN vs. KTOS - Financials Comparison
This section allows you to compare key financial metrics between Byrna Technologies Inc. and Kratos Defense & Security Solutions, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BYRN vs. KTOS - Profitability Comparison
BYRN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Byrna Technologies Inc. reported a gross profit of 1.78M and revenue of 16.39M. Therefore, the gross margin over that period was 10.9%.
KTOS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Kratos Defense & Security Solutions, Inc. reported a gross profit of 34.70M and revenue of 371.00M. Therefore, the gross margin over that period was 9.4%.
BYRN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Byrna Technologies Inc. reported an operating income of -12.85M and revenue of 16.39M, resulting in an operating margin of -78.4%.
KTOS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Kratos Defense & Security Solutions, Inc. reported an operating income of 4.70M and revenue of 371.00M, resulting in an operating margin of 1.3%.
BYRN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Byrna Technologies Inc. reported a net income of -10.09M and revenue of 16.39M, resulting in a net margin of -61.6%.
KTOS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Kratos Defense & Security Solutions, Inc. reported a net income of 11.90M and revenue of 371.00M, resulting in a net margin of 3.2%.
Frequently Asked Questions
BYRN and KTOS have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BYRN has higher volatility (46.46%) compared to KTOS (17.75%). In terms of maximum drawdown, BYRN dropped -92.51% vs KTOS's -99.81%.
KTOS currently has the higher Sharpe Ratio (0.06 vs -1.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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