DRSNasdaqSearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 31

Leonardo DRS, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026

$35.18−0.24 (-0.68%)

Close on Oct 19, 2026

Market cap: $9.46B
P/E (TTM): 29.6
Dividend yield: 1.02%

Leonardo DRS, Inc. cash flow statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31
Depreciation & Amortization	93	91	85	65	58	53	51
Stock-Based Compensation	32	22	17	5.00	0	0	–
Deferred Income Taxes	28	23	-52	3.00	46	22	17
Change in Accounts Receivable	-81	-102	15	-1.00	-54	-35	9.00
Change in Inventory	6.00	-29	-10	-33	42	-38	-36
Change in Accounts Payable	-79	15	-59	-14	1.00	-58	156
Change in Unearned Revenue	186	64	102	72	-3.00	2.00	61
Operating Cash Flow	366	271	205	33	178	125	157
Capital Expenditures	-139	-85	-60	-65	-60	-56	-55
Acquisitions	–	0	0	19	-14	0	-4.00
Sale of Property, Plant & Equipment	0	1.00	1.00	0	0	5.00	8.00
Divestitures	–	0	0	482	0	0	–
Investing Cash Flow	-154	-84	-59	436	39	-70	-151
Dividends Paid	–	0	0	-396	0	0	–
Share Repurchases	-35	0	0	0	0	–	–
Stock Issued	9.00	16	12	0	0	–	–
Taxes Paid on Share-Based Awards	-21	-19	-1.00	–	–	–	–
Other Financing Activities	-10	-10	-4.00	-8.00	0	-4.00	-2.00
Financing Cash Flow	-163	-56	15	-403	-38	-80	-1.00
Foreign Exchange Rate Adjustments	0	0	0	0	0	1.00	1.00
Net Change in Cash	49	131	161	66	179	-24	6.00
Free Cash Flow	227	186	145	-32	118	69	102
Income Taxes Paid	24	71	45	89	16	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 24.9%
Operating margin: 10.5%
Net margin: 8.5%
Return on equity, FY2025: 10.5%

Financial strength

Current ratio: 1.92
Debt to equity: 0.05
Debt to assets: 3.6%
Cash to current liabilities: 25.4%

Valuation

P/E ratio: 29.6
Price to sales: 2.50
Price to book: 3.37
Dividend yield: 1.02%