Leonardo DRS, Inc. financial data

Symbol
DRS on Nasdaq
Location
Arlington, VA
Fiscal year end
31 December
Latest financial report
27 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 200% % -0.26%
Quick Ratio 36% % -4.9%
Return On Equity 11% % 21%
Return On Assets 6.6% % 21%
Operating Margin 9.5% % 5.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 265,846,193 shares -0.08%
Common Stock, Shares, Outstanding 265,822,404 shares 0.29%
Entity Public Float $3,508,000,000 USD 87%
Common Stock, Value, Issued $3,000,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 265,900,000 shares 0.83%
Weighted Average Number of Shares Outstanding, Diluted 268,700,000 shares 0.37%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $3,648,000,000 USD 13%
Cost of Revenue $2,779,000,000 USD 11%
Research and Development Expense $129,000,000 USD 40%
General and Administrative Expense $497,000,000 USD 20%
Operating Income (Loss) $348,000,000 USD 19%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $336,000,000 USD 27%
Income Tax Expense (Benefit) $58,000,000 USD 14%
Net Income (Loss) Attributable to Parent $278,000,000 USD 31%
Earnings Per Share, Basic 1.05 USD/shares 30%
Earnings Per Share, Diluted 1.03 USD/shares 29%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $647,000,000 USD 8.2%
Accounts Receivable, after Allowance for Credit Loss, Current $334,000,000 USD 32%
Inventory, Net $352,000,000 USD -1.7%
Other Assets, Current $36,000,000 USD -35%
Assets, Current $2,326,000,000 USD 7.5%
Deferred Income Tax Assets, Net $88,000,000 USD -27%
Operating Lease, Right-of-Use Asset $107,000,000 USD 35%
Goodwill $1,238,000,000 USD 0%
Other Assets, Noncurrent $210,000,000 USD 131%
Assets $4,486,000,000 USD 7.2%
Accounts Payable, Current $351,000,000 USD -18%
Contract with Customer, Liability, Current $585,000,000 USD 47%
Liabilities, Current $1,231,000,000 USD 10%
Long-term Debt and Lease Obligation $321,000,000 USD -5.6%
Deferred Income Tax Liabilities, Net $3,000,000 USD -57%
Operating Lease, Liability, Noncurrent $95,000,000 USD 44%
Other Liabilities, Noncurrent $166,000,000 USD 28%
Accumulated Other Comprehensive Income (Loss), Net of Tax $41,000,000 USD 13%
Retained Earnings (Accumulated Deficit) $2,315,000,000 USD 11%
Stockholders' Equity Attributable to Parent $2,730,000,000 USD 6.8%
Liabilities and Equity $4,486,000,000 USD 7.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $138,000,000 USD 48%
Net Cash Provided by (Used in) Financing Activities $48,000,000 USD -50%
Net Cash Provided by (Used in) Investing Activities $32,000,000 USD -220%
Common Stock, Shares Authorized 350,000,000 shares 0%
Common Stock, Shares, Issued 265,822,404 shares 0.29%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $218,000,000 USD 29%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $647,000,000 USD 8.2%
Deferred Tax Assets, Valuation Allowance $36,000,000 USD 44%
Deferred Tax Assets, Gross $252,000,000 USD -15%
Operating Lease, Liability $123,000,000 USD 32%
Depreciation $71,000,000 USD 2.9%
Payments to Acquire Property, Plant, and Equipment $32,000,000 USD 220%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $284,000,000 USD 33%
Lessee, Operating Lease, Liability, to be Paid $138,000,000 USD 37%
Operating Lease, Liability, Current $28,000,000 USD 3.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two $26,000,000 USD 30%
Lessee, Operating Lease, Liability, to be Paid, Year One $27,000,000 USD 8%
Operating Lease, Weighted Average Discount Rate, Percent 0.055 pure 20%
Deferred Income Tax Expense (Benefit) $1,000,000 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $15,000,000 USD 88%
Lessee, Operating Lease, Liability, to be Paid, Year Three $24,000,000 USD 50%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10,000,000 shares 0%
Unrecognized Tax Benefits $52,000,000 USD 8.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four $18,000,000 USD 29%
Additional Paid in Capital $5,083,000,000 USD -2.1%
Amortization of Intangible Assets $22,000,000 USD 0%
Depreciation, Depletion and Amortization $23,000,000 USD 4.5%
Deferred Tax Assets, Net of Valuation Allowance $216,000,000 USD -21%
Interest Expense $33,000,000 USD -2.9%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%