Core Insights - KBR Inc. is identified as one of the 14 most undervalued stocks on the NYSE, with a notable 10% year-over-year increase in adjusted diluted earnings per share for Q4 2025, surpassing the consensus estimate of $0.99 [1] Financial Performance - The margin expansion, particularly from the mission tech segment, was a significant factor in the earnings beat, with strong project execution keeping costs controlled and ensuring new projects were margin accretive [2] - Operating cash flows increased by 24% year-over-year, enabling the company to reduce its net debt to EBITDA ratio below 2.5x, fund organic growth, and return $84 million in dividends and $329 million in share buybacks in FY 2025 [3] Future Outlook - For 2026, management anticipates revenue, EBITDA, earnings, and operating cash flows to grow by approximately 3% to 4%, supported by backlog coverage and margin discipline [4] - The company plans to fully execute the spin-off of its mission tech segment by the second half of 2026, a move initially announced on September 24 of the previous year [4] Company Overview - KBR Inc. provides science, technology, engineering, and logistics support solutions to government and enterprises, operating through two main segments: Sustainable Tech and Mission Tech [5]