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KITTNauticus Robotics, Inc.
$1.09$777130
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Nauticus Robotics, Inc. (KITT) Financial Ratios

Latest Ratios: P/E Ratio -0.0x · EV/EBITDA N/A · ROE -581.7%. (2019–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

KITT Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Market Cap$777130$5M$6M$28M$2.6B$7.7B——
Enterprise Value$16M$20M$35M$59M$2.6B$7.7B——
P/E Ratio →-0.01———————
P/S Ratio0.150.973.154.20223.48899.80——
P/B Ratio0.130.73——91861.76———
P/FCF————————
P/OCF————————

P/E links to full P/E history page with 30-year chart

KITT EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
EV / Revenue—3.8419.178.99223.36900.71——
EV / EBITDA————————
EV / EBIT————————
EV / FCF————————

KITT Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Gross Margin-133.9%-133.9%-438.4%-80.6%-3.8%20.3%-1.6%-19.1%
Operating Margin-449.8%-449.8%-1278.9%-834.0%-160.7%-75.9%-218.7%-165.5%
Net Profit Margin-774.0%-774.0%-7463.8%-767.2%-247.1%-176.1%-180.1%-160.4%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
ROE-581.7%-581.7%——-101587.3%—-367.1%-174.6%
ROA-125.1%-125.1%-552.5%-128.7%-72.7%-99.2%-105.2%-111.9%
ROIC-115.9%-115.9%———-870.0%-387.3%—
ROCE-269.3%-269.3%-241.5%-191.7%-64.1%-165.4%-284.3%-140.7%

KITT Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Debt / Equity3.163.16——590.23——0.45
Debt / EBITDA————————
Net Debt / Equity—2.16——-49.16——-0.35
Net Debt / EBITDA————————
Debt / FCF————————
Interest Coverage-3.68-3.68-25.41-4.78-6.61-8.99-130.51—

KITT Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Current Ratio0.260.260.350.539.531.400.614.09
Quick Ratio0.260.260.280.407.811.400.574.09
Cash Ratio0.200.200.100.045.871.260.553.52
Asset Turnover—0.120.080.250.220.340.750.70
Inventory Turnover——11.055.431.78—16.15—
Days Sales Outstanding—26.2048.1750.1470.1171.6912.3037.83

KITT Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Dividend Yield————————
Payout Ratio————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Earnings Yield————————
FCF Yield————————
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%——
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%——
Shares Outstanding—$835231$51012$15794$263614$299449$299449$330

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Insufficient liquidity and dilution

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Disconnect Between Multiples and Reality

As reported in recent financial filings, KITT trades at a price-to-sales ratio of 0.16, a valuation that appears to reflect the market's skepticism regarding the company's ability to convert its high-growth pilot programs into a sustainable, profitable Robotics-as-a-Service business model in the near term.

The current P/S multiple suggests that investors are heavily discounting the company's revenue potential due to the lack of profitability and the high capital intensity of its subsea operations. This valuation gap warrants investigation, as it may imply that the market views the company's current revenue as non-recurring hardware sales rather than scalable, high-margin software-defined service revenue.

Negative Margins Obscure Earning Power

Based on the company's reported figures, KITT's gross margin of -11.5% in 2026Q1 highlights a structural inability to cover the direct costs of its subsea deployments, suggesting that the current pricing strategy is focused on market entry rather than generating immediate, positive earning power.

The persistent negative operating margins indicate that the company's fixed-cost base, particularly in R&D and engineering, remains far too high relative to its current revenue scale. Investors should monitor whether future margin improvements are driven by genuine operational efficiencies or merely by the accounting treatment of one-time project-based revenue.

Working Capital Volatility Hinders Efficiency

According to historical financial statements, KITT's cash conversion cycle has been highly erratic, with DPO levels reaching 97 days in 2026Q1, reflecting a reliance on supplier credit to manage the significant liquidity pressures inherent in its current subsea robotics business model.

The inconsistency in the cash conversion cycle suggests that the company's working capital management is currently dictated by the timing of lumpy government and commercial contracts rather than operational discipline. This lack of predictability in cash inflows makes it difficult to assess the company's true underlying efficiency in managing its subsea fleet.

Thin Liquidity Buffer Increases Risk

As indicated by recent balance sheet data, KITT's current ratio of 0.21 in 2026Q1 underscores a precarious liquidity position, suggesting that the company has very little room for operational error before requiring additional external capital to sustain its ongoing subsea robotics development and deployment activities.

The low quick ratio confirms that the company's ability to meet short-term obligations is heavily dependent on its ability to secure new financing or rapidly convert its project backlog into cash. This liquidity profile warrants close monitoring, as it significantly increases the risk of further shareholder dilution in the near term.

Misapplication of Price-to-Sales Multiples

Based on the company's unique business model, the price-to-sales ratio is the most commonly misapplied metric, as it fails to distinguish between low-margin, lumpy hardware sales and the high-margin, recurring software-defined service revenue that the company is attempting to build through its ToolKITT platform.

Using P/S to value KITT obscures the fundamental difference between a capital-intensive industrial service provider and a scalable software-as-a-service business. Analysts should instead focus on the 'Software-to-Hardware Revenue Mix' and 'Fleet Utilization Rates' to better gauge the company's long-term potential for margin expansion and operational sustainability.

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Includes 30+ ratios · 7 years · Updated daily

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KITT — Frequently Asked Questions

Quick answers to the most common questions about buying KITT stock.

What is Nauticus Robotics, Inc.'s P/E ratio?

Nauticus Robotics, Inc.'s current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.

What is Nauticus Robotics, Inc.'s ROE?

Nauticus Robotics, Inc.'s return on equity (ROE) is -581.7%. The historical average is -270.9%.

Is KITT stock overvalued?

Based on historical data, Nauticus Robotics, Inc. is trading at a P/E of -0.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Nauticus Robotics, Inc.'s profit margins?

Nauticus Robotics, Inc. has -133.9% gross margin and -449.8% operating margin.