Leonardo DRS, Inc.
DRS Nasdaq· Search, Detection, Navigation, Guidance, Aeronautical Sys
Last close · Oct 26, 2026
$35.84
KIRA · Stoqly’s AI analyst, in plain words
- Leonardo DRS, Inc. had $3.6B of revenue in fiscal 2025, up 12.8% on the year before. Over five years, revenue changed +5.6% a year on average.
- Its operating margin was 9.5%, up 0.5 pts: of every 100 in sales, about 10 is left after running the business.
- Leonardo DRS, Inc. made $278M of net profit in fiscal 2025. From fiscal 2019 to 2025, diluted EPS grew 12.1% a year.
- Free cash flow was $227M in fiscal 2025, 6.2% of revenue.
- Leonardo DRS, Inc. returned $35.0M to shareholders in fiscal 2025, 15% of free cash flow. The diluted share count rose 0.4%.
- Leonardo DRS, Inc. has $188M more cash than debt.
Market cap
$9.6B
P/E
30.1x
Revenue
$3.6B
Net income
$278M
Free cash flow
$227M
Operating margin
9.5%
Leonardo DRS, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+12.8%
Yes. Sales grew 12.8% last year.
Does it make a profit?
7.6%
A little. It keeps 7.6% of every sale as profit.
Does profit turn into cash?
6.2%
Partly. 6.2% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
7 / 9
Solid. It passes 7 of 9 health tests.
How is the share priced?
30.1x
One share costs 30.1 times its yearly profit per share.
What Leonardo DRS, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Legal name
- Leonardo DRS, Inc.
- CIK
- 0001833756
Leonardo DRS, Inc. · DRS
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $2.9B | $2.7B | $2.8B | $3.2B | $3.6B |
| Revenue growth | 3.6% | −6.5% | 4.9% | 14.4% | 12.8% |
| Gross margin | 19.0% | 21.4% | 22.9% | 22.8% | 23.8% |
| Operating margin | 8.2% | 20.8% | 8.2% | 9.1% | 9.5% |
| Net income | $154M | $405M | $168M | $213M | $278M |
| Net margin | 5.3% | 15.0% | 5.9% | 6.6% | 7.6% |
| Diluted EPS | $0.73 | $1.88 | $0.64 | $0.80 | $1.03 |
| Cash | |||||
| Cash from operations | $178M | $33.0M | $205M | $271M | $366M |
| Capital expenditure | $60.0M | $65.0M | $60.0M | $85.0M | $139M |
| Free cash flow | $118M | −$32.0M | $145M | $186M | $227M |
| FCF margin | 4.1% | −1.2% | 5.1% | 5.8% | 6.2% |
| Dividends paid | $0.0M | $396M | $0.0M | $0.0M | — |
| Share buybacks | — | — | $0.0M | $0.0M | $35.0M |
| Share count change | 0.0% | 2.4% | 22.8% | 1.3% | 0.4% |
| Debt and strength | |||||
| Cash and short-term investments | $240M | $306M | $467M | $598M | $647M |
| Debt incl. finance leases | $569M | $567M | $600M | $483M | $459M |
| Shareholders' equity | $1.6B | $2.1B | $2.3B | $2.6B | $2.7B |
| Net debt / EBITDA | 1.1x | 0.4x | 0.4x | −0.3x | −0.4x |
| Current ratio | 1.4x | 1.6x | 1.8x | 1.9x | 1.9x |
| Interest coverage | 6.7x | 16.5x | 6.4x | 14.0x | — |
| Returns and quality | |||||
| Return on capital | 10.3% | 19.4% | 8.8% | 10.2% | 11.8% |
| Return on equity | 10.2% | 21.8% | 7.5% | 8.7% | 10.5% |
| Return on tangible equity | 32.8% | 56.3% | 17.9% | 17.9% | 20.1% |
| Piotroski F-score | 8 | 6 | 5 | 7 | 7 |
| Altman Z'' | −0.7 | 1.0 | 1.0 | 1.7 | 2.1 |
Insiders bought, 12 months
$1.1M
1 insider
Insiders sold, 12 months
$9.2M
7 insiders
Of sales under plans
88%
$8.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Leonardo DRS, Inc. · DRS
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $35.84 a share, the company is worth $9.6B: 30.1 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001833756). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.