profit from every $100 of sales.
$0$100
Leonardo DRS
$35.66-2.67% today
+0.6% in 1 year
1-year low $32.551-year high $49.69
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $34.20 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Leonardo DRS sold, what it kept, and what it did with the cash.
Sales went from $2.69 billion in 2022 to $3.65 billion in 2025, with $278 million of profit last year.
SalesProfit
Leonardo DRS handed back 58% of the cash it generated last year.
$96M
Free cash flow 2025$227M
Bought back its own shares$35M
Paid as dividends$96M
Cash vs. debt$647M vs. $470M
Leonardo DRS vs. similar companies
Leonardo DRS grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Leonardo DRS | 34.2× · Expensive | ||
 SpaceX | No profit yet | ||
 GE Aerospace | 39.4× · Expensive | ||
 RTX | 39.8× · Expensive | ||
 Airbus | 31.5× · Expensive |
AI analysis
An AI analyst reads Leonardo DRS's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,778 | 2,879 | 2,693 | 2,826 | 3,234 | 3,648 | |
| 494 | 547 | 575 | 648 | 736 | 869 | |
| 181 | 236 | 561 | 231 | 293 | 348 | |
| 229 | 293 | 624 | 313 | 376 | 437 | |
| 85 | 154 | 405 | 168 | 213 | 278 | |
| 0.40 | 0.73 | 1.88 | 0.64 | 0.80 | 1.03 | |
| 17.8% | 19.0% | 21.4% | 22.9% | 22.8% | 23.8% | |
| 6.5% | 8.2% | 20.8% | 8.2% | 9.1% | 9.5% | |
| 3.1% | 5.3% | 15.0% | 5.9% | 6.6% | 7.6% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 2,956 | 3,069 | 3,677 | 3,921 | 4,184 | 4,486 |
| Cash | 61 | 240 | 306 | 467 | 598 | 647 |
| Total debt | 427 | 490 | 487 | 497 | 458 | 470 |
| Total liabilities | – | – | 1,550 | 1,596 | 1,627 | 1,756 |
| 1,427 | 1,593 | 2,127 | 2,325 | 2,557 | 2,730 | |
| 210 | 210 | 215 | 264 | 268 | 269 | |
| 7.5% | 8.9% | 16.9% | 6.4% | 7.5% | 8.5% | |
| 6.0% | 9.7% | 19.0% | 7.2% | 8.3% | 10.2% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 125 | 178 | 33 | 205 | 271 | 366 | |
| 56 | 60 | 65 | 60 | 85 | 139 | |
| 69 | 118 | -32 | 145 | 186 | 227 | |
| Dividends paid | 0 | 0 | 396 | 0 | 0 | 96 |
| – | 0 | 0 | 0 | 0 | 35 | |
| 0 | 0 | 5 | 17 | 22 | 32 |
Valuation
- 34.2×
- 28.4×
- 1.64
- 3.6×
- 2.6×
- 41.9×
- 21.4×
- 2.4%
- 2.9%
- 0.9%
Profitability
- 23.8%
- 9.5%
- 7.6%
- 12.4%
- 8.7%
- 10.1%
- 10.8%
- 6.9%
- 11.8%
- –
Growth
- +5.6%
- +20.8%
- +22.0%
- –
- +7.7%
Financial health
- -0.4×
- 0.17
- 6.4%
- 43.0×
- 1.89
- 1.52
- 0.88
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 45%of 980
Top 46%of 986
Bottom 24%of 866
Bottom 42%of 986
Bottom 35%of 988
What analysts expect
- Average price target
- $53.00
- Range
- $47.00 – $59.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 0.26 | 0.21 | +23.8% |
| Feb 24, 2026 | 0.42 | 0.37 | +13.5% |
| Oct 29, 2025 | 0.29 | 0.28 | +3.6% |
| Jul 30, 2025 | 0.23 | 0.22 | +4.5% |
| May 1, 2025 | 0.20 | 0.17 | +21.1% |
| Feb 20, 2025 | 0.38 | 0.36 | +5.6% |
| Oct 30, 2024 | 0.24 | 0.20 | +20.0% |
| Jul 30, 2024 | 0.18 | 0.14 | +28.6% |
0.9%of the share price, paid each year
On $1,000 invested$9a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
34.5% of its profit
Room to growStretchedMore than it earns: 42.3%
News
Leonardo DRS wins U.S. Army deal for next-gen thermal-imaging techSeeking Alpha · Oct 13, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
47No pass
Benjamin Graham
43No pass
Philip Fisher
44No pass
Peter Lynch
58No pass
Joel Greenblatt
12No pass
Charlie Munger
36No pass
Terry Smith
33No pass
Questions about Leonardo DRS
Is Leonardo DRS a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Leonardo DRS AI analysis
What does Leonardo DRS do?
Leonardo DRS, Inc., together with its subsidiaries, provides defense electronic products and systems, and military support services worldwide. It operates through Advanced Sensing and Computing and Integrated Mission Systems segments. It is in Aerospace & Defense, based in Arlington, VA, United States, with 7,300 employees.
Does Leonardo DRS pay a dividend?
Yes. At today's price the dividend is 0.9% a year, about 35% of its yearly profit. In 2025 it paid out $96.0 million in dividends.
Is Leonardo DRS stock halal?
Questionable. Leonardo DRS sits in a grey zone: scholars disagree about its industry. How we check
How has Leonardo DRS stock done over the past year?
Up 0.6% over the past twelve months, to $35.66. It traded between $32.55 and $49.69 and is 28.2% below its high.
Who are Leonardo DRS's competitors?
The largest listed companies in the same industry are SpaceX, GE Aerospace, RTX and Airbus. The peers table on this page compares their profit, growth and price with Leonardo DRS's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.