Leonardo DRS (DRS) Financials

$41.54 -0.46 (-1.10%)

Closing price 05/20/2025 04:00 PM Eastern

Extended Trading

$41.44 -0.09 (-0.23%)

As of 08:52 AM Eastern

Annual Income Statements for Leonardo DRS

This table shows Leonardo DRS's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Income / (Loss) Attributable to Common Shareholders	213	168	405	154	85	75
Consolidated Net Income / (Loss)	213	168	405	154	85	75
Net Income / (Loss) Continuing Operations	213	168	405	154	85	75
Total Pre-Tax Income	264	192	525	200	112	95
Total Operating Income	293	231	561	236	181	163
Total Gross Profit	736	648	575	547	494	459
Total Revenue	3,234	2,826	2,693	2,879	2,778	2,714
Operating Revenue	3,234	2,826	2,693	2,879	2,778	2,714
Total Cost of Revenue	2,498	2,178	2,118	2,332	2,284	2,255
Operating Cost of Revenue	2,498	2,178	2,118	2,332	2,284	2,255
Total Operating Expenses	443	417	14	311	313	296
Selling, General & Admin Expense	414	384	357	293	283	277
Amortization Expense	22	22	10	9.00	9.00	9.00
Other Operating Expenses / (Income)	7.00	11	-353	9.00	21	10
Total Other Income / (Expense), net	-29	-39	-36	-36	-69	-68
Interest Expense	21	36	34	35	64	65
Other Income / (Expense), net	-8.00	-3.00	-2.00	-1.00	-5.00	-3.00
Income Tax Expense	51	24	120	46	27	20
Basic Earnings per Share	$0.81	$0.64	$1.88	$0.73	$0.40	$0.52
Weighted Average Basic Shares Outstanding	265.16M	262.63M	260.55M	145M	-	-
Diluted Earnings per Share	$0.80	$0.64	$1.88	$0.73	$0.40	$0.52
Weighted Average Diluted Shares Outstanding	265.16M	262.63M	260.55M	145M	-	-
Weighted Average Basic & Diluted Shares Outstanding	265.16M	262.63M	260.55M	145M	-	-

This table shows Leonardo DRS's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	50	89	57	38	29	74	47	35	12	65	279
Consolidated Net Income / (Loss)	50	89	57	38	29	74	47	35	12	65	279
Net Income / (Loss) Continuing Operations	50	89	57	38	29	74	47	35	12	65	279
Total Pre-Tax Income	58	111	69	47	37	95	48	33	16	78	367
Total Operating Income	59	120	75	55	43	105	59	42	25	87	376
Total Gross Profit	181	235	179	169	153	210	162	145	131	184	130
Total Revenue	799	981	812	753	688	926	703	628	569	820	634
Operating Revenue	799	981	812	753	688	926	703	628	569	820	634
Total Cost of Revenue	618	746	633	584	535	716	541	483	438	636	504
Operating Cost of Revenue	618	746	633	584	535	716	541	483	438	636	504
Total Operating Expenses	122	115	104	114	110	105	103	103	106	97	-246
Selling, General & Admin Expense	117	108	98	107	101	98	96	90	100	96	101
Amortization Expense	5.00	5.00	6.00	6.00	5.00	6.00	5.00	5.00	6.00	3.00	3.00
Other Operating Expenses / (Income)	0.00	2.00	0.00	1.00	4.00	1.00	2.00	8.00	0.00	-2.00	-350
Total Other Income / (Expense), net	-1.00	-9.00	-6.00	-8.00	-6.00	-10	-11	-9.00	-9.00	-9.00	-9.00
Interest Expense	1.00	4.00	5.00	7.00	5.00	9.00	10	9.00	8.00	7.00	9.00
Other Income / (Expense), net	0.00	-5.00	-1.00	-1.00	-1.00	-1.00	-1.00	0.00	-1.00	-2.00	0.00
Income Tax Expense	8.00	22	12	9.00	8.00	21	1.00	-2.00	4.00	13	88
Basic Earnings per Share	$0.19	$0.34	$0.22	$0.14	$0.11	$0.27	$0.18	$0.14	$0.05	$0.26	$1.33
Weighted Average Basic Shares Outstanding	266.05M	265.16M	264.40M	263.70M	263.14M	262.63M	262.37M	262M	261M	260.55M	145M
Diluted Earnings per Share	$0.19	$0.34	$0.21	$0.14	$0.11	$0.28	$0.18	$0.13	$0.05	$0.26	$1.33
Weighted Average Diluted Shares Outstanding	266.05M	265.16M	264.40M	263.70M	263.14M	262.63M	262.37M	262M	261M	260.55M	145M
Weighted Average Basic & Diluted Shares Outstanding	266.05M	265.16M	264.40M	263.70M	263.14M	262.63M	262.37M	262M	261M	260.55M	145M
Cash Dividends to Common per Share	$0.09	-	-	-	-	-	-	-	-	-	-

This table details how cash moves in and out of Leonardo DRS's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Change in Cash & Equivalents	131	161	66	179	-24	6.00
Net Cash From Operating Activities	271	205	33	178	125	157
Net Cash From Continuing Operating Activities	271	205	33	178	125	157
Net Income / (Loss) Continuing Operations	213	168	405	154	85	75
Consolidated Net Income / (Loss)	213	168	405	154	85	75
Depreciation Expense	91	85	65	58	53	51
Non-Cash Adjustments To Reconcile Net Income	122	-19	-411	-71	67	-166
Changes in Operating Assets and Liabilities, net	-155	-29	-26	37	-80	197
Net Cash From Investing Activities	-84	-59	436	39	-70	-151
Net Cash From Continuing Investing Activities	-84	-59	436	39	-70	-151
Purchase of Property, Plant & Equipment	-85	-60	-65	-60	-56	-55
Acquisitions	0.00	0.00	19	-14	0.00	-4.00
Sale of Property, Plant & Equipment	1.00	1.00	0.00	0.00	5.00	8.00
Divestitures	0.00	0.00	482	0.00	0.00	-
Net Cash From Financing Activities	-56	15	-403	-38	-80	-1.00
Net Cash From Continuing Financing Activities	-56	15	-403	-38	-80	-1.00
Repayment of Debt	-301	-731	-1,000	-950	-1,174	-881
Repurchase of Common Equity	-19	-1.00	0.00	0.00	-	-
Payment of Dividends	0.00	0.00	-396	0.00	0.00	-
Issuance of Debt	248	735	990	912	1,094	880
Issuance of Common Equity	16	12	0.00	0.00	-	-
Other Financing Activities, net	0.00	0.00	3.00	0.00	0.00	-
Effect of Exchange Rate Changes	0.00	0.00	0.00	0.00	1.00	-

This table details how cash moves in and out of Leonardo DRS's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-218	400	49	-11	-307	420	12	-139	-132	243	-6.00
Net Cash From Operating Activities	-138	443	59	34	-265	515	36	-12	-334	279	-4.00
Net Cash From Continuing Operating Activities	-138	443	59	34	-265	515	36	-12	-334	279	-4.00
Net Income / (Loss) Continuing Operations	50	89	57	38	29	74	47	35	12	65	279
Consolidated Net Income / (Loss)	50	89	57	38	29	74	47	35	12	65	279
Depreciation Expense	23	23	23	23	22	22	21	20	22	17	17
Non-Cash Adjustments To Reconcile Net Income	-102	195	45	-21	-97	158	-39	-46	-92	113	-393
Changes in Operating Assets and Liabilities, net	-109	136	-66	-6.00	-219	261	7.00	-21	-276	84	93
Net Cash From Investing Activities	-32	-29	-11	-34	-10	-17	-16	-12	-14	-12	470
Net Cash From Continuing Investing Activities	-32	-29	-11	-34	-10	-17	-16	-12	-14	-12	470
Purchase of Property, Plant & Equipment	-32	-29	-12	-34	-10	-18	-15	-12	-15	-30	-13
Net Cash From Financing Activities	-48	-14	1.00	-11	-32	-78	-8.00	-115	216	-24	-472
Net Cash From Continuing Financing Activities	-48	-14	1.00	-11	-32	-78	-8.00	-115	216	-24	-472
Repayment of Debt	-6.00	-20	-100	-114	-67	-262	-170	-175	-124	-342	-306
Repurchase of Common Equity	-3.00	-15	-	-2.00	-2.00	-	-	-	-1.00	-	-
Payment of Dividends	-24	-	-	-	-	-	-	-	-	-	-
Issuance of Debt	2.00	18	95	100	35	180	160	55	340	315	230
Issuance of Common Equity	0.00	3.00	6.00	5.00	2.00	4.00	2.00	5.00	1.00	-	-
Other Financing Activities, net	-17	-	-	-	-	-	-	-	-	-	-
Other Net Changes in Cash	0.00	-	-	-	-	-	-	-	-	-	-

This table presents Leonardo DRS's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Total Assets	4,184	3,921	3,677	3,069	2,956
Total Current Assets	2,163	1,918	1,707	1,389	1,263
Cash & Equivalents	598	467	306	240	61
Accounts Receivable	253	151	166	156	102
Inventories, net	358	329	319	205	247
Prepaid Expenses	27	21	20	23	33
Other Current Assets	927	950	896	765	705
Plant, Property, & Equipment, net	0.00	0.00	0.00	364	0.00
Total Noncurrent Assets	2,021	2,003	1,970	1,316	1,693
Goodwill	1,238	1,238	1,236	1,071	1,057
Intangible Assets	132	151	172	52	60
Noncurrent Deferred & Refundable Income Taxes	120	123	66	56	87
Other Noncurrent Operating Assets	531	491	496	137	489
Total Liabilities & Shareholders' Equity	4,184	3,921	3,677	3,069	2,956
Total Liabilities	1,627	1,596	1,550	1,476	1,529
Total Current Liabilities	1,116	1,078	1,042	989	975
Short-Term Debt	25	57	29	41	53
Accounts Payable	426	398	457	479	478
Current Deferred Revenue	399	335	233	-	-
Other Current Liabilities	266	288	323	469	444
Total Noncurrent Liabilities	511	518	508	487	554
Long-Term Debt	340	349	365	352	374
Noncurrent Deferred & Payable Income Tax Liabilities	7.00	4.00	0.00	-	-
Noncurrent Employee Benefit Liabilities	34	36	45	61	88
Other Noncurrent Operating Liabilities	130	129	98	74	92
Commitments & Contingencies	0.00	0.00	0.00	-	-
Total Equity & Noncontrolling Interests	2,557	2,325	2,127	1,593	1,427
Total Preferred & Common Equity	2,557	2,325	2,127	1,593	1,427
Preferred Stock	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,557	2,325	2,127	1,593	1,427
Common Stock	5,197	5,178	5,150	4,634	4,634
Retained Earnings	-2,593	-2,806	-2,974	-2,983	-3,137
Accumulated Other Comprehensive Income / (Loss)	-47	-47	-49	-58	-70

This table presents Leonardo DRS's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	4,096	3,861	3,819	3,781	3,713	3,662	3,681	2,931
Total Current Assets	2,070	1,860	1,805	1,772	1,740	1,697	1,712	1,431
Cash & Equivalents	380	198	149	160	47	35	174	63
Accounts Receivable	254	237	188	194	200	198	158	170
Inventories, net	385	363	367	342	383	378	364	246
Prepaid Expenses	28	29	31	23	17	17	19	-
Other Current Assets	1,023	1,033	1,070	1,053	1,093	1,069	997	952
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	402	362
Total Noncurrent Assets	2,026	2,001	2,014	2,009	1,973	1,965	1,567	1,138
Goodwill	1,238	1,238	1,238	1,238	1,236	1,236	1,236	952
Intangible Assets	126	138	144	146	156	161	167	45
Noncurrent Deferred & Refundable Income Taxes	119	124	122	123	87	68	72	49
Other Noncurrent Operating Assets	543	501	510	502	494	500	92	92
Total Liabilities & Shareholders' Equity	4,096	3,861	3,819	3,781	3,713	3,662	3,681	2,931
Total Liabilities	1,525	1,387	1,413	1,426	1,471	1,473	1,538	1,393
Total Current Liabilities	1,027	880	896	902	951	943	1,019	912
Short-Term Debt	27	22	22	30	132	136	250	67
Accounts Payable	299	292	263	220	328	290	258	285
Current Deferred Revenue	467	315	348	361	258	292	-	195
Other Current Liabilities	234	251	263	291	233	225	511	365
Total Noncurrent Liabilities	498	507	517	524	520	530	519	481
Long-Term Debt	335	345	351	356	351	357	360	350
Noncurrent Deferred & Payable Income Tax Liabilities	7.00	6.00	4.00	4.00	8.00	8.00	6.00	-
Noncurrent Employee Benefit Liabilities	29	34	36	35	35	41	42	56
Other Noncurrent Operating Liabilities	127	122	126	129	126	124	111	75
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	-	-
Total Equity & Noncontrolling Interests	2,571	2,474	2,406	2,355	2,242	2,189	2,143	1,538
Total Preferred & Common Equity	2,571	2,474	2,406	2,355	2,242	2,189	2,143	1,538
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,571	2,474	2,406	2,355	2,242	2,189	2,143	1,538
Common Stock	5,161	5,203	5,192	5,179	5,169	5,163	5,154	4,634
Retained Earnings	-2,543	-2,682	-2,739	-2,777	-2,880	-2,927	-2,962	-3,039
Accumulated Other Comprehensive Income / (Loss)	-47	-47	-47	-47	-47	-47	-49	-57

This table displays calculated financial ratios and metrics derived from Leonardo DRS's official financial filings.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Growth Metrics	-	-	-	-	-	-
Revenue Growth	14.44%	4.94%	-6.46%	3.64%	2.36%	0.00%
EBITDA Growth	20.13%	-49.84%	112.97%	27.95%	8.53%	0.00%
EBIT Growth	25.00%	-59.21%	137.87%	33.52%	10.00%	0.00%
NOPAT Growth	16.96%	-53.30%	138.15%	32.29%	6.75%	0.00%
Net Income Growth	26.79%	-58.52%	162.99%	81.18%	13.33%	0.00%
EPS Growth	25.00%	-65.96%	157.53%	82.50%	-23.08%	0.00%
Operating Cash Flow Growth	32.20%	521.21%	-81.46%	42.40%	-20.38%	0.00%
Free Cash Flow Firm Growth	15.20%	522.66%	-115.84%	113.81%	0.00%	0.00%
Invested Capital Growth	2.65%	2.21%	26.86%	-2.62%	0.00%	0.00%
Revenue Q/Q Growth	1.73%	3.90%	0.00%	-16.98%	0.00%	0.00%
EBITDA Q/Q Growth	3.30%	8.30%	1.13%	1.38%	0.00%	0.00%
EBIT Q/Q Growth	4.01%	9.09%	0.72%	1.29%	0.00%	0.00%
NOPAT Q/Q Growth	6.51%	4.44%	1.88%	3.18%	0.00%	0.00%
Net Income Q/Q Growth	7.58%	5.66%	1.76%	7.69%	0.00%	0.00%
EPS Q/Q Growth	8.11%	3.23%	11.24%	-8.75%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-20.99%	761.29%	-23.26%	-27.05%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-31.35%	125.85%	-107.54%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-12.07%	-15.46%	17.07%	-10.37%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	22.76%	22.93%	21.35%	19.00%	17.78%	16.91%
EBITDA Margin	11.63%	11.08%	23.17%	10.18%	8.24%	7.77%
Operating Margin	9.06%	8.17%	20.83%	8.20%	6.52%	6.01%
EBIT Margin	8.81%	8.07%	20.76%	8.16%	6.34%	5.90%
Profit (Net Income) Margin	6.59%	5.94%	15.04%	5.35%	3.06%	2.76%
Tax Burden Percent	80.68%	87.50%	77.14%	77.00%	75.89%	78.95%
Interest Burden Percent	92.63%	84.21%	93.92%	85.11%	63.64%	59.38%
Effective Tax Rate	19.32%	12.50%	22.86%	23.00%	24.11%	21.05%
Return on Invested Capital (ROIC)	10.31%	9.03%	21.85%	10.27%	15.32%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	26.22%	-243.75%	-1.20%	-0.41%	-13.29%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-1.58%	-1.48%	-0.08%	-0.07%	-3.41%	0.00%
Return on Equity (ROE)	8.73%	7.55%	21.77%	10.20%	11.91%	0.00%
Cash Return on Invested Capital (CROIC)	7.69%	6.84%	-1.83%	12.93%	-184.68%	0.00%
Operating Return on Assets (OROA)	7.03%	6.00%	16.57%	7.80%	5.95%	0.00%
Return on Assets (ROA)	5.26%	4.42%	12.01%	5.11%	2.88%	0.00%
Return on Common Equity (ROCE)	8.73%	7.55%	21.77%	10.20%	11.91%	0.00%
Return on Equity Simple (ROE_SIMPLE)	8.33%	7.23%	19.04%	9.67%	5.96%	0.00%
Net Operating Profit after Tax (NOPAT)	236	202	433	182	137	129
NOPAT Margin	7.31%	7.15%	16.07%	6.31%	4.94%	4.74%
Net Nonoperating Expense Percent (NNEP)	-15.92%	252.78%	23.05%	10.68%	28.62%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	8.09%	7.40%	17.17%	-	-	-
Cost of Revenue to Revenue	77.24%	77.07%	78.65%	81.00%	82.22%	83.09%
SG&A Expenses to Revenue	12.80%	13.59%	13.26%	10.18%	10.19%	10.21%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	13.70%	14.76%	0.52%	10.80%	11.27%	10.91%
Earnings before Interest and Taxes (EBIT)	285	228	559	235	176	160
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	376	313	624	293	229	211
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	3.34	2.26	0.87	0.00	0.47	0.00
Price to Tangible Book Value (P/TBV)	7.20	5.62	2.58	0.00	2.16	0.00
Price to Revenue (P/Rev)	2.64	1.86	0.69	0.00	0.24	0.25
Price to Earnings (P/E)	40.11	31.30	4.58	0.00	7.88	8.93
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.49%	3.20%	21.86%	0.00%	12.69%	11.20%
Enterprise Value to Invested Capital (EV/IC)	3.58	2.30	0.88	0.00	0.58	0.00
Enterprise Value to Revenue (EV/Rev)	2.57	1.84	0.72	0.00	0.37	0.00
Enterprise Value to EBITDA (EV/EBITDA)	22.10	16.60	3.11	0.00	4.52	0.00
Enterprise Value to EBIT (EV/EBIT)	29.16	22.79	3.47	0.00	5.89	0.00
Enterprise Value to NOPAT (EV/NOPAT)	35.15	25.71	4.49	0.00	7.54	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	30.66	25.35	58.82	0.00	8.29	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	47.11	33.94	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.14	0.17	0.19	0.25	0.30	0.00
Long-Term Debt to Equity	0.13	0.15	0.17	0.22	0.26	0.00
Financial Leverage	-0.06	0.01	0.06	0.17	0.26	0.00
Leverage Ratio	1.66	1.71	1.81	2.00	2.07	0.00
Compound Leverage Factor	1.54	1.44	1.70	1.70	1.32	0.00
Debt to Total Capital	12.49%	14.87%	15.63%	19.79%	23.03%	0.00%
Short-Term Debt to Total Capital	0.86%	2.09%	1.15%	2.06%	2.86%	0.00%
Long-Term Debt to Total Capital	11.64%	12.78%	14.48%	17.72%	20.17%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	87.51%	85.13%	84.37%	80.21%	76.97%	0.00%
Debt to EBITDA	0.97	1.30	0.63	1.34	1.86	0.00
Net Debt to EBITDA	-0.62	-0.19	0.14	0.52	1.60	0.00
Long-Term Debt to EBITDA	0.90	1.12	0.58	1.20	1.63	0.00
Debt to NOPAT	1.54	2.01	0.91	2.16	3.11	0.00
Net Debt to NOPAT	-0.99	-0.30	0.20	0.84	2.66	0.00
Long-Term Debt to NOPAT	1.44	1.73	0.84	1.94	2.72	0.00
Altman Z-Score	3.58	2.14	1.04	0.00	0.03	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	1.94	1.78	1.64	1.40	1.30	0.00
Quick Ratio	0.76	0.57	0.45	0.40	0.29	0.00
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	176	153	-36	229	-1,656	0.00
Operating Cash Flow to CapEx	322.62%	347.46%	50.77%	296.67%	245.10%	334.04%
Free Cash Flow to Firm to Interest Expense	8.40	4.25	-1.07	6.53	-25.87	0.00
Operating Cash Flow to Interest Expense	12.90	5.69	0.97	5.09	1.95	2.42
Operating Cash Flow Less CapEx to Interest Expense	8.90	4.06	-0.94	3.37	1.16	1.69
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.80	0.74	0.80	0.96	0.94	0.00
Accounts Receivable Turnover	16.01	17.83	16.73	22.32	27.24	0.00
Inventory Turnover	7.27	6.72	8.08	10.32	9.25	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	6.06	5.09	4.53	4.87	4.78	0.00
Days Sales Outstanding (DSO)	22.80	20.47	21.82	16.35	13.40	0.00
Days Inventory Outstanding (DIO)	50.19	54.30	45.15	35.37	39.47	0.00
Days Payable Outstanding (DPO)	60.20	71.64	80.65	74.89	76.39	0.00
Cash Conversion Cycle (CCC)	12.79	3.13	-13.68	-23.17	-23.51	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	2,324	2,264	2,215	1,746	1,793	0.00
Invested Capital Turnover	1.41	1.26	1.36	1.63	3.10	0.00
Increase / (Decrease) in Invested Capital	60	49	469	-47	1,793	0.00
Enterprise Value (EV)	8,310	5,197	1,941	0.00	1,036	0.00
Market Capitalization	8,543	5,258	1,853	0.00	670	670
Book Value per Share	$9.67	$8.86	$14.67	$10.99	$44.73	$0.00
Tangible Book Value per Share	$4.49	$3.57	$4.96	$3.24	$9.72	$0.00
Total Capital	2,922	2,731	2,521	1,986	1,854	0.00
Total Debt	365	406	394	393	427	0.00
Total Long-Term Debt	340	349	365	352	374	0.00
Net Debt	-233	-61	88	153	366	0.00
Capital Expenditures (CapEx)	84	59	65	60	51	47
Debt-free, Cash-free Net Working Capital (DFCFNWC)	474	430	388	201	280	0.00
Debt-free Net Working Capital (DFNWC)	1,072	897	694	441	341	0.00
Net Working Capital (NWC)	1,047	840	665	400	288	0.00
Net Nonoperating Expense (NNE)	23	34	28	28	52	54
Net Nonoperating Obligations (NNO)	-233	-61	88	153	366	0.00
Total Depreciation and Amortization (D&A)	91	85	65	58	53	51
Debt-free, Cash-free Net Working Capital to Revenue	14.66%	15.22%	14.41%	6.98%	10.08%	0.00%
Debt-free Net Working Capital to Revenue	33.15%	31.74%	25.77%	15.32%	12.28%	0.00%
Net Working Capital to Revenue	32.37%	29.72%	24.69%	13.89%	10.37%	0.00%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.81	$0.64	$1.88	$1.06	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	265.16M	262.63M	260.55M	145M	0.00	0.00
Adjusted Diluted Earnings per Share	$0.80	$0.64	$1.88	$1.06	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	265.16M	262.63M	260.55M	145M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	265.16M	262.63M	260.55M	145M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	236	202	433	182	137	129
Normalized NOPAT Margin	7.31%	7.15%	16.07%	6.31%	4.94%	4.74%
Pre Tax Income Margin	8.16%	6.79%	19.50%	6.95%	4.03%	3.50%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	13.57	6.33	16.44	6.71	2.75	2.46
NOPAT to Interest Expense	11.26	5.61	12.73	5.19	2.15	1.98
EBIT Less CapEx to Interest Expense	9.57	4.69	14.53	5.00	1.95	1.74
NOPAT Less CapEx to Interest Expense	7.26	3.98	10.82	3.48	1.35	1.26
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	97.78%	0.00%	0.00%	0.00%
Augmented Payout Ratio	8.92%	0.60%	97.78%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Leonardo DRS's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	16.13%	5.94%	15.51%	19.90%	20.91%	12.93%	10.88%	0.16%	-7.03%	0.00%	-11.94%
EBITDA Growth	28.13%	9.52%	22.78%	24.19%	39.13%	23.53%	-79.90%	6.90%	-35.21%	7.37%	477.94%
EBIT Growth	40.48%	10.58%	27.59%	28.57%	75.00%	22.35%	-84.57%	0.00%	-57.14%	4.94%	623.08%
NOPAT Growth	50.91%	17.64%	7.25%	-0.17%	79.75%	12.81%	-79.79%	35.76%	-55.36%	12.65%	562.60%
Net Income Growth	72.41%	20.27%	21.28%	8.57%	141.67%	13.85%	-83.15%	40.00%	-66.67%	12.07%	697.14%
EPS Growth	72.73%	21.43%	16.67%	7.69%	120.00%	7.69%	-86.47%	8.33%	-70.59%	271.43%	454.17%
Operating Cash Flow Growth	47.92%	-13.98%	63.89%	383.33%	20.66%	84.59%	1,000.00%	-192.31%	-30.98%	-3.46%	-105.41%
Free Cash Flow Firm Growth	148.76%	10.45%	113.31%	109.42%	105.01%	108.27%	-313.03%	-1,335.42%	-853.87%	-456.06%	117.95%
Invested Capital Growth	-1.08%	2.65%	-1.31%	-0.64%	0.08%	2.21%	41.54%	35.74%	33.84%	26.86%	-2.87%
Revenue Q/Q Growth	-18.55%	20.81%	7.84%	9.45%	-25.70%	31.72%	11.94%	10.37%	-30.61%	29.34%	1.12%
EBITDA Q/Q Growth	-40.58%	42.27%	25.97%	20.31%	-49.21%	59.49%	27.42%	34.78%	-54.90%	-74.05%	577.59%
EBIT Q/Q Growth	-48.70%	55.41%	37.04%	28.57%	-59.62%	79.31%	38.10%	75.00%	-71.76%	-77.39%	795.24%
NOPAT Q/Q Growth	-47.14%	55.30%	39.33%	31.94%	-58.79%	41.58%	29.69%	137.58%	-74.14%	-74.64%	771.14%
Net Income Q/Q Growth	-43.82%	56.14%	50.00%	31.03%	-60.81%	57.45%	34.29%	191.67%	-81.54%	-76.70%	1,016.00%
EPS Q/Q Growth	-44.12%	61.90%	50.00%	27.27%	-60.71%	55.56%	38.46%	160.00%	-80.77%	-80.45%	1,008.33%
Operating Cash Flow Q/Q Growth	-131.15%	650.85%	73.53%	112.83%	-151.46%	1,330.56%	400.00%	96.41%	-219.71%	7,075.00%	-130.77%
Free Cash Flow Firm Q/Q Growth	117.75%	-62.65%	57.73%	93.89%	-3.31%	104.50%	-11.61%	-3.03%	-59.71%	-215.99%	547.27%
Invested Capital Q/Q Growth	9.85%	-12.07%	0.49%	1.90%	14.00%	-15.46%	1.17%	2.64%	16.43%	17.07%	-2.97%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	22.65%	23.96%	22.04%	22.44%	22.24%	22.68%	23.04%	23.09%	23.02%	22.44%	20.50%
EBITDA Margin	10.26%	14.07%	11.95%	10.23%	9.30%	13.61%	11.24%	9.87%	8.08%	12.44%	61.99%
Operating Margin	7.38%	12.23%	9.24%	7.30%	6.25%	11.34%	8.39%	6.69%	4.39%	10.61%	59.31%
EBIT Margin	7.38%	11.72%	9.11%	7.17%	6.10%	11.23%	8.25%	6.69%	4.22%	10.37%	59.31%
Profit (Net Income) Margin	6.26%	9.07%	7.02%	5.05%	4.22%	7.99%	6.69%	5.57%	2.11%	7.93%	44.01%
Tax Burden Percent	86.21%	80.18%	82.61%	80.85%	78.38%	77.89%	97.92%	106.06%	75.00%	83.33%	76.02%
Interest Burden Percent	98.31%	96.52%	93.24%	87.04%	88.10%	91.35%	82.76%	78.57%	66.67%	91.76%	97.61%
Effective Tax Rate	13.79%	19.82%	17.39%	19.15%	21.62%	22.11%	2.08%	-6.06%	25.00%	16.67%	23.98%
Return on Invested Capital (ROIC)	8.30%	13.83%	9.12%	6.87%	5.59%	11.15%	9.78%	8.18%	3.88%	12.02%	63.24%
ROIC Less NNEP Spread (ROIC-NNEP)	7.47%	18.74%	7.48%	4.97%	4.17%	-46.55%	7.06%	5.64%	2.02%	5.80%	61.46%
Return on Net Nonoperating Assets (RNNOA)	0.32%	-1.13%	0.96%	0.74%	0.61%	-0.28%	1.47%	1.10%	0.39%	0.38%	15.47%
Return on Equity (ROE)	8.61%	12.70%	10.08%	7.61%	6.21%	10.86%	11.26%	9.28%	4.27%	12.40%	78.70%
Cash Return on Invested Capital (CROIC)	10.97%	7.69%	9.66%	8.87%	8.30%	6.84%	-25.93%	-12.07%	-10.76%	-1.83%	25.04%
Operating Return on Assets (OROA)	6.27%	9.36%	7.65%	5.89%	4.82%	8.35%	6.76%	5.29%	3.33%	8.28%	54.91%
Return on Assets (ROA)	5.31%	7.24%	5.89%	4.14%	3.33%	5.94%	5.47%	4.41%	1.66%	6.33%	40.75%
Return on Common Equity (ROCE)	8.61%	12.70%	10.08%	7.61%	6.21%	10.86%	11.26%	9.28%	4.27%	12.40%	78.70%
Return on Equity Simple (ROE_SIMPLE)	9.10%	0.00%	8.00%	7.81%	7.86%	0.00%	7.09%	17.86%	17.78%	0.00%	25.88%
Net Operating Profit after Tax (NOPAT)	51	96	62	44	34	82	58	45	19	73	286
NOPAT Margin	6.37%	9.81%	7.63%	5.91%	4.90%	8.83%	8.22%	7.09%	3.30%	8.84%	45.09%
Net Nonoperating Expense Percent (NNEP)	0.83%	-4.91%	1.64%	1.90%	1.42%	57.70%	2.73%	2.55%	1.85%	6.22%	1.77%
Return On Investment Capital (ROIC_SIMPLE)	1.73%	3.29%	-	-	-	2.99%	-	-	-	2.88%	-
Cost of Revenue to Revenue	77.35%	76.04%	77.96%	77.56%	77.76%	77.32%	76.96%	76.91%	76.98%	77.56%	79.50%
SG&A Expenses to Revenue	14.64%	11.01%	12.07%	14.21%	14.68%	10.58%	13.66%	14.33%	17.57%	11.71%	15.93%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	15.27%	11.72%	12.81%	15.14%	15.99%	11.34%	14.65%	16.40%	18.63%	11.83%	-38.80%
Earnings before Interest and Taxes (EBIT)	59	115	74	54	42	104	58	42	24	85	376
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	82	138	97	77	64	126	79	62	46	102	393
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.39	3.34	3.01	2.79	2.46	2.26	1.95	2.07	1.58	0.87	0.00
Price to Tangible Book Value (P/TBV)	7.22	7.20	6.78	6.56	5.97	5.62	5.15	5.71	4.57	2.58	0.00
Price to Revenue (P/Rev)	2.61	2.64	2.34	2.19	1.97	1.86	1.61	1.71	1.28	0.69	0.00
Price to Earnings (P/E)	37.26	40.11	37.58	35.71	31.33	31.30	27.52	11.57	8.87	4.58	0.00
Dividend Yield	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.68%	2.49%	2.66%	2.80%	3.19%	3.20%	3.63%	8.64%	11.27%	21.86%	0.00%
Enterprise Value to Invested Capital (EV/IC)	3.41	3.58	2.88	2.64	2.33	2.30	1.80	1.88	1.48	0.88	0.00
Enterprise Value to Revenue (EV/Rev)	2.60	2.57	2.39	2.26	2.04	1.84	1.77	1.88	1.44	0.72	0.00
Enterprise Value to EBITDA (EV/EBITDA)	22.08	22.10	20.91	20.05	18.19	16.60	16.65	8.26	6.37	3.11	0.00
Enterprise Value to EBIT (EV/EBIT)	28.81	29.16	27.78	26.89	24.48	22.79	23.02	9.46	7.24	3.47	0.00
Enterprise Value to NOPAT (EV/NOPAT)	34.29	35.15	34.29	31.97	27.84	25.71	24.86	11.88	9.31	4.49	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	21.86	30.66	22.19	21.68	21.98	25.35	0.00	0.00	0.00	58.82	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	30.88	47.11	29.62	29.65	28.10	33.94	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.14	0.14	0.15	0.16	0.16	0.17	0.22	0.23	0.28	0.19	0.27
Long-Term Debt to Equity	0.13	0.13	0.14	0.15	0.15	0.15	0.16	0.16	0.17	0.17	0.23
Financial Leverage	0.04	-0.06	0.13	0.15	0.15	0.01	0.21	0.20	0.19	0.06	0.25
Leverage Ratio	1.60	1.66	1.61	1.63	1.66	1.71	1.76	1.74	1.78	1.81	1.90
Compound Leverage Factor	1.57	1.60	1.50	1.42	1.46	1.56	1.45	1.37	1.18	1.66	1.85
Debt to Total Capital	12.34%	12.49%	12.92%	13.42%	14.08%	14.87%	17.72%	18.38%	22.16%	15.63%	21.33%
Short-Term Debt to Total Capital	0.92%	0.86%	0.77%	0.79%	1.09%	2.09%	4.84%	5.07%	9.08%	1.15%	3.43%
Long-Term Debt to Total Capital	11.42%	11.64%	12.14%	12.63%	12.99%	12.78%	12.88%	13.31%	13.08%	14.48%	17.90%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	87.66%	87.51%	87.08%	86.58%	85.92%	85.13%	82.28%	81.62%	77.84%	84.37%	78.67%
Debt to EBITDA	0.92	0.97	1.01	1.08	1.17	1.30	1.67	0.82	1.02	0.63	0.68
Net Debt to EBITDA	-0.05	-0.62	0.46	0.65	0.68	-0.19	1.51	0.76	0.73	0.14	0.57
Long-Term Debt to EBITDA	0.85	0.90	0.95	1.01	1.08	1.12	1.21	0.59	0.60	0.58	0.57
Debt to NOPAT	1.43	1.54	1.65	1.72	1.78	2.01	2.50	1.18	1.49	0.91	0.98
Net Debt to NOPAT	-0.07	-0.99	0.76	1.03	1.05	-0.30	2.25	1.09	1.06	0.20	0.83
Long-Term Debt to NOPAT	1.32	1.44	1.55	1.62	1.65	1.73	1.81	0.85	0.88	0.84	0.82
Altman Z-Score	3.73	3.45	3.44	2.98	2.50	2.04	1.74	1.73	1.16	0.61	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.02	1.94	2.11	2.01	1.96	1.78	1.83	1.80	1.68	1.64	1.57
Quick Ratio	0.62	0.76	0.49	0.38	0.39	0.57	0.26	0.25	0.33	0.45	0.26
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	79	36	97	61	32	33	-728	-652	-633	-397	342
Operating Cash Flow to CapEx	-431.25%	1,527.59%	536.36%	100.00%	-2,650.00%	3,029.41%	225.00%	-100.00%	-2,385.71%	930.00%	-30.77%
Free Cash Flow to Firm to Interest Expense	78.86	9.05	19.39	8.78	6.34	3.64	-72.82	-72.49	-79.16	-56.64	37.98
Operating Cash Flow to Interest Expense	-138.00	110.75	11.80	4.86	-53.00	57.22	3.60	-1.33	-41.75	39.86	-0.44
Operating Cash Flow Less CapEx to Interest Expense	-170.00	103.50	9.60	0.00	-55.00	55.33	2.00	-2.67	-43.50	35.57	-1.89
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.85	0.80	0.84	0.82	0.79	0.74	0.82	0.79	0.79	0.80	0.93
Accounts Receivable Turnover	14.93	16.01	14.55	15.91	16.73	17.83	14.70	16.41	18.40	16.73	20.25
Inventory Turnover	7.10	7.27	6.62	6.38	6.44	6.72	6.67	6.57	6.98	8.08	9.32
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	6.89	0.00	0.00
Accounts Payable Turnover	9.95	6.06	7.96	8.59	9.52	5.09	6.85	7.09	8.21	4.53	7.54
Days Sales Outstanding (DSO)	24.44	22.80	25.09	22.95	21.81	20.47	24.83	22.24	19.83	21.82	18.03
Days Inventory Outstanding (DIO)	51.41	50.19	55.16	57.22	56.64	54.30	54.72	55.52	52.26	45.15	39.15
Days Payable Outstanding (DPO)	36.70	60.20	45.85	42.48	38.35	71.64	53.32	51.45	44.44	80.65	48.41
Cash Conversion Cycle (CCC)	39.15	12.79	34.40	37.69	40.10	3.13	26.22	26.31	27.65	-13.68	8.77
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,553	2,324	2,643	2,630	2,581	2,264	2,678	2,647	2,579	2,215	1,892
Invested Capital Turnover	1.30	1.41	1.19	1.16	1.14	1.26	1.19	1.15	1.18	1.36	1.40
Increase / (Decrease) in Invested Capital	-28	60	-35	-17	2.00	49	786	697	652	469	-56
Enterprise Value (EV)	8,700	8,310	7,611	6,937	6,022	5,197	4,811	4,984	3,815	1,941	0.00
Market Capitalization	8,718	8,543	7,442	6,713	5,796	5,258	4,375	4,526	3,379	1,853	0.00
Book Value per Share	$9.70	$9.67	$9.38	$9.14	$8.95	$8.86	$8.56	$8.39	$8.23	$14.67	$10.61
Tangible Book Value per Share	$4.55	$4.49	$4.16	$3.89	$3.69	$3.57	$3.24	$3.03	$2.84	$4.96	$3.73
Total Capital	2,933	2,922	2,841	2,779	2,741	2,731	2,725	2,682	2,753	2,521	1,955
Total Debt	362	365	367	373	386	406	483	493	610	394	417
Total Long-Term Debt	335	340	345	351	356	349	351	357	360	365	350
Net Debt	-18	-233	169	224	226	-61	436	458	436	88	354
Capital Expenditures (CapEx)	32	29	11	34	10	17	16	12	14	30	13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	690	474	804	782	740	430	874	855	769	388	523
Debt-free Net Working Capital (DFNWC)	1,070	1,072	1,002	931	900	897	921	890	943	694	586
Net Working Capital (NWC)	1,043	1,047	980	909	870	840	789	754	693	665	519
Net Nonoperating Expense (NNE)	0.86	7.22	4.96	6.47	4.70	7.79	11	9.55	6.75	7.50	6.84
Net Nonoperating Obligations (NNO)	-18	-233	169	224	226	-61	436	458	436	88	354
Total Depreciation and Amortization (D&A)	23	23	23	23	22	22	21	20	22	17	17
Debt-free, Cash-free Net Working Capital to Revenue	20.63%	14.66%	25.29%	25.47%	25.13%	15.22%	32.13%	32.25%	29.02%	14.41%	19.42%
Debt-free Net Working Capital to Revenue	31.99%	33.15%	31.52%	30.33%	30.56%	31.74%	33.86%	33.57%	35.58%	25.77%	21.76%
Net Working Capital to Revenue	31.18%	32.37%	30.83%	29.61%	29.54%	29.72%	29.01%	28.44%	26.15%	24.69%	19.27%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.19	$0.34	$0.22	$0.14	$0.11	$0.27	$0.18	$0.14	$0.05	$0.26	$1.92
Adjusted Weighted Average Basic Shares Outstanding	266.05M	265.16M	264.40M	263.70M	263.14M	262.63M	262.37M	262M	261M	260.55M	145M
Adjusted Diluted Earnings per Share	$0.19	$0.34	$0.21	$0.14	$0.11	$0.28	$0.18	$0.13	$0.05	$0.26	$1.92
Adjusted Weighted Average Diluted Shares Outstanding	266.05M	265.16M	264.40M	263.70M	263.14M	262.63M	262.37M	262M	261M	260.55M	145M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	266.05M	265.16M	264.40M	263.70M	263.14M	262.63M	262.37M	262M	261M	260.55M	145M
Normalized Net Operating Profit after Tax (NOPAT)	51	96	62	44	34	82	58	29	19	73	286
Normalized NOPAT Margin	6.37%	9.81%	7.63%	5.91%	4.90%	8.83%	8.22%	4.68%	3.30%	8.84%	45.09%
Pre Tax Income Margin	7.26%	11.32%	8.50%	6.24%	5.38%	10.26%	6.83%	5.25%	2.81%	9.51%	57.89%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	59.00	28.75	14.80	7.71	8.40	11.56	5.80	4.67	3.00	12.14	41.78
NOPAT to Interest Expense	50.86	24.05	12.39	6.35	6.74	9.09	5.78	4.95	2.34	10.36	31.76
EBIT Less CapEx to Interest Expense	27.00	21.50	12.60	2.86	6.40	9.67	4.20	3.33	1.25	7.86	40.33
NOPAT Less CapEx to Interest Expense	18.86	16.80	10.19	1.50	4.74	7.20	4.18	3.62	0.59	6.07	30.32
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	10.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	97.78%	99.50%
Augmented Payout Ratio	19.66%	8.92%	2.02%	2.13%	1.08%	0.60%	0.63%	0.26%	0.26%	97.78%	99.50%

Frequently Asked Questions About Leonardo DRS's Financials

When does Leonardo DRS's fiscal year end?

According to the most recent income statement we have on file, Leonardo DRS's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Leonardo DRS's net income changed over the last 5 years?

Leonardo DRS's net income appears to be on an upward trend, with a most recent value of $213 million in 2024, rising from $75 million in 2019. The previous period was $168 million in 2023. View Leonardo DRS's forecast to see where analysts expect Leonardo DRS to go next.

What is Leonardo DRS's operating income?

Leonardo DRS's total operating income in 2024 was $293 million, based on the following breakdown:

Total Gross Profit: $736 million
Total Operating Expenses: $443 million

How has Leonardo DRS revenue changed over the last 5 years?

Over the last 5 years, Leonardo DRS's total revenue changed from $2.71 billion in 2019 to $3.23 billion in 2024, a change of 19.2%.

How much debt does Leonardo DRS have?

Leonardo DRS's total liabilities were at $1.63 billion at the end of 2024, a 1.9% increase from 2023, and a 6.4% increase since 2020.

How much cash does Leonardo DRS have?

In the past 4 years, Leonardo DRS's cash and equivalents has ranged from $61 million in 2020 to $598 million in 2024, and is currently $598 million as of their latest financial filing in 2024.

How has Leonardo DRS's book value per share changed over the last 5 years?

Over the last 5 years, Leonardo DRS's book value per share changed from 0.00 in 2019 to 9.67 in 2024, a change of 967.1%.

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This page (NASDAQ:DRS) was last updated on 5/21/2025 by MarketBeat.com Staff

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Leonardo DRS (DRS) Financials

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Leonardo DRS (DRS) Financials

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