KTOS vs. ENLT

Last updated Jun 9, 2026

KTOS (Kratos Defense & Security Solutions, Inc.) and ENLT (Enlight Renewable Energy Ltd. Ordinary Shares) are both stocks. KTOS operates in Aerospace & Defense (Industrials), while ENLT operates in Utilities - Renewable (Utilities). Over the past 3 years, KTOS returned 59.41%/yr vs 69.79%/yr for ENLT. At a 0.16 correlation, their price movements are largely independent.

Performance

KTOS vs. ENLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kratos Defense & Security Solutions, Inc. (KTOS) and Enlight Renewable Energy Ltd. Ordinary Shares (ENLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KTOS achieves a -23.95% return, which is significantly lower than ENLT's 109.11% return.

KTOS

• 1D: -1.35%
• 1M: -0.28%
• YTD: -23.95%
• 6M: -25.06%
• 1Y: 42.65%
• 3Y*: 59.41%
• 5Y*: 16.85%
• 10Y*: 30.73%

ENLT

• 1D: 4.48%
• 1M: 5.03%
• YTD: 109.11%
• 6M: 137.83%
• 1Y: 382.54%
• 3Y*: 69.79%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KTOS vs. ENLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
KTOS Kratos Defense & Security Solutions, Inc.	-23.95%	187.76%	30.01%	81.97%
ENLT Enlight Renewable Energy Ltd. Ordinary Shares	109.11%	163.61%	-9.90%	7.83%

Correlation

The correlation between KTOS and ENLT is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (All Time) Calculated using the full available price history since Feb 13, 2023	0.16

Fundamentals

Market Cap KTOS : $10.36B ENLT : $13.94B
EPS KTOS : $0.17 ENLT : $0.68
PE Ratio KTOS : 335.24 ENLT : 140.28
PEG Ratio KTOS : 3.89 ENLT : 0.70
PS Ratio KTOS : 6.96 ENLT : 16.15
PB Ratio KTOS : 3.04 ENLT : 6.57
Total Revenue (TTM) KTOS : $1.42B ENLT : $813.08M
Gross Profit (TTM) KTOS : $259.40M ENLT : $446.15M
EBITDA (TTM) KTOS : $78.30M ENLT : $670.45M

Return for Risk

KTOS vs. ENLT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KTOS

KTOS Risk / Return Rank: 60
KTOS Sharpe Ratio Rank: 62
KTOS Sortino Ratio Rank: 62
KTOS Omega Ratio Rank: 59
KTOS Calmar Ratio Rank: 58
KTOS Martin Ratio Rank: 57

ENLT

ENLT Risk / Return Rank: 99
ENLT Sharpe Ratio Rank: 100
ENLT Sortino Ratio Rank: 98
ENLT Omega Ratio Rank: 98
ENLT Calmar Ratio Rank: 99
ENLT Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KTOS vs. ENLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kratos Defense & Security Solutions, Inc. (KTOS) and Enlight Renewable Energy Ltd. Ordinary Shares (ENLT). 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.

	KTOS	ENLT	Difference
Sharpe ratio: Return per unit of total volatility	0.60	7.22	-6.62
Sortino ratio: Return per unit of downside risk	1.28	5.43	-4.15
Omega ratio: Gain probability vs. loss probability	1.15	1.72	-0.57
Calmar ratio: Return relative to maximum drawdown	0.71	21.44	-20.73
Martin ratio: Return relative to average drawdown	1.47	73.16	-71.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KTOS vs. ENLT - Sharpe Ratio Comparison

The current KTOS Sharpe Ratio is 0.60, which is lower than the ENLT Sharpe Ratio of 7.22. The chart below compares the historical Sharpe Ratios of KTOS and ENLT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KTOS	ENLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.60	7.22	-6.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.14	1.49	-1.63

Drawdowns

KTOS vs. ENLT - Drawdown Comparison

The maximum KTOS drawdown since its inception was -99.81%, which is greater than ENLT's maximum drawdown of -39.32%. Use the drawdown chart below to compare losses from any high point for KTOS and ENLT.

Drawdown Indicators

	KTOS	ENLT	Difference
Max Drawdown Largest peak-to-trough decline	-99.81%	-39.32%	-60.49%
Max Drawdown (1Y) Largest decline over 1 year	-60.15%	-17.98%	-42.17%
Max Drawdown (3Y) Largest decline over 3 years	-60.15%	-39.32%	-20.83%
Max Drawdown (5Y) Largest decline over 5 years	-69.39%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-72.74%	—	—
Current Drawdown Current decline from peak	-96.34%	-11.51%	-84.83%
Average Drawdown Average peak-to-trough decline	-95.94%	-11.88%	-84.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.04%	5.26%	+23.78%

Volatility

KTOS vs. ENLT - Volatility Comparison

Kratos Defense & Security Solutions, Inc. (KTOS) has a higher volatility of 23.93% compared to Enlight Renewable Energy Ltd. Ordinary Shares (ENLT) at 21.08%. This indicates that KTOS's price experiences larger fluctuations and is considered to be riskier than ENLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KTOS	ENLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.93%	21.08%	+2.85%
Volatility (6M) Calculated over the trailing 6-month period	56.47%	43.80%	+12.67%
Volatility (1Y) Calculated over the trailing 1-year period	71.96%	53.52%	+18.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.22%	44.44%	+7.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.78%	44.44%	+6.34%

Dividends

KTOS vs. ENLT - Dividend Comparison

Neither KTOS nor ENLT has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

KTOS vs. ENLT - Profitability Comparison

The chart below illustrates the profitability comparison between Kratos Defense & Security Solutions, Inc. and Enlight Renewable Energy Ltd. Ordinary Shares over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KTOS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.

ENLT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported a gross profit of 112.21M and revenue of 156.49M. Therefore, the gross margin over that period was 71.7%.

KTOS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.

ENLT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported an operating income of 81.63M and revenue of 156.49M, resulting in an operating margin of 52.2%.

KTOS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.

ENLT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported a net income of 24.07M and revenue of 156.49M, resulting in a net margin of 15.4%.

Frequently Asked Questions

Can I hold both KTOS and ENLT in my portfolio?

KTOS and ENLT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KTOS or ENLT?

KTOS has higher volatility (23.93%) compared to ENLT (21.08%). In terms of maximum drawdown, KTOS dropped -99.81% vs ENLT's -39.32%.

Which has better risk-adjusted returns?

ENLT currently has the higher Sharpe Ratio (7.22 vs 0.60), 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.