KBR targets 10%+ organic revenue CAGR for 2026-2029, excluding megaprojects
KBR•KBR targets organic revenue growth of at least 10% annually from 2026 to 2029, excluding megaprojects, with revenue projected to reach about $3.85 billion in 2029 from about $2.9 billion in 2026.
1. Growth targets
KBR set targets for at least 10% annual organic revenue growth from 2026 to 2029, excluding megaprojects, and projected revenue of about $3.85 billion in 2029, up from about $2.9 billion in 2026. For 2027-2029, it targets an adjusted EBITDA margin of at least 12% and free cash flow conversion of at least 85%. The framework excludes future capital deployment and projects with more than $1 billion in KBR scope; about 80% of its $4.2 billion backlog is expected to convert to revenue by 2029.
