StockData
Leonardo DRS, Inc. logo

Leonardo DRS, Inc. (DRS) stock

DRSNasdaqSearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 18/3010% below fair value
$36.64+0.11 (+0.30%)

Close on Nov 11, 2026Market cap $9.77BP/E 26.9Yield 0.98%

Leonardo DRS, Inc. grew revenue 8.9% to $3.89B over the twelve months to Sep 30, 2026. Operating income rose 23.1% to $421.00M, moving the operating margin from 9.6% to 10.8%. Free cash flow was $344.00M, up 29.8% from a year earlier. At the latest close the market valued the company at $9.77B, 26.9 times its earnings.

Revenue
$3.89B
+8.9% vs. a year earlier
Operating income
$421.00M
+23.1% vs. a year earlier
Free cash flow
$344.00M
+29.8% vs. a year earlier
EPS, diluted
$1.36
+38.8% vs. a year earlier

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026

Valuation

Market cap
$9.77B
P/E ratio
26.9
Price to sales
2.51
Price to book
3.38
Dividend yield
0.98%
Free cash flow yield
3.52%

Fundamentals

Revenue
$3.89B
Net income
$365.00M
EPS, diluted
$1.36
Free cash flow
$344.00M
Book value per share
$10.77
Diluted shares
268M

Trading

Next earnings
Feb 23, 2027 (estimated, before the open)
Previous close
$36.53
Open
$36.60
Day's range
$36.20 – $37.00
Volume
1,172,149
Average volume (20 days)
1,604,728
Index membership
Russell 1000 (since Jun 2025), Russell 3000 (since Aug 2023)
Beta (5 years)
0.81
52-week range
$32.39 – $50.59
RSI (14 days)
51.7
Volatility (1 year)
42.8%
Relative volume
1.12×
WACC
8.9%

On 1 of our idea list: Fallen quality

Index membership is inferred from the holdings of funds that track each index (IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.

Market cap history

Month-end market cap since 2021, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

PeriodDRSS&P 500DifferenceDRS per yearS&P 500 per year
1 month+1.1%-2.4%+3.5 pts
3 months-17.8%-1.2%−16.6 pts
Year to date+8.1%+12.3%−4.2 pts
1 year+3.8%+12.4%−8.6 pts
3 years+88.0%+78.8%+9.2 pts+23.4%+21.4%
5 years+250.2%+75.2%+175.1 pts+28.5%+11.9%
10 years+3014.6%+311.1%+2703.5 pts+41.0%+15.2%

Eight years at a glance

Fiscal years 2018 to 2025 and trailing twelve months, USD

Revenue

$3.89B+8.9% YoY

Gross profit

$981.00M+17.5% YoY

Operating income

$421.00M+23.1% YoY

Net income

$365.00M+37.7% YoY

EPS, diluted

$1.36+38.8% YoY

Free cash flow

$344.00M+29.8% YoY
Reported periodTrailing twelve months

Press releases

Releases Leonardo DRS filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Leonardo DRS

Search, Detection, Navigation, Guidance, Aeronautical Sys

Leonardo DRS, Inc. develops and manufactures defense technology systems, focusing on sensing, edge network computing, force protection, and naval electrical power and propulsion. The company operates through two main business segments: Advanced Sensing and Computing, and Integrated Mission Systems. Its offerings include electro-optical and infrared sensors, tactical radars, rugged combat and battle management computing platforms, vehicle integration for short-range air defense and counter-unmanned aircraft systems, and naval propulsion machinery. It primarily serves the United States government across the Navy, Army, and Air Force, as well as allied international defense forces and commercial customers.

Company profile, executives and history

Leonardo DRS stock: common questions

What is Leonardo DRS's stock price?

DRS closed at $36.64 on Nov 11, 2026, up 0.30% on the day. Over the past 52 weeks it traded between $32.39 and $50.59.

What is Leonardo DRS's market cap?

Leonardo DRS was worth $9.77B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.

What is DRS's P/E ratio?

DRS trades at 26.9 times earnings, based on diluted earnings per share of $1.36 over the twelve months to Sep 30, 2026.

How much revenue does Leonardo DRS make?

Leonardo DRS reported revenue of $3.89B for the twelve months to Sep 30, 2026, up 8.9% from a year earlier.

Does Leonardo DRS pay a dividend?

Yes. Leonardo DRS paid $0.36 per share over the last twelve months, a yield of 0.98% at the latest price.

When does Leonardo DRS report earnings next?

Leonardo DRS is expected to report Q4 FY2026 results on Feb 23, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.

How has DRS stock performed over the past year?

Including dividends, DRS returned +3.8% over the past year, against +12.4% for the S&P 500.

How many DRS shares are sold short?

4M shares were sold short at the latest FINRA report, 1.54% of the float, or 2.8 days of average trading volume.

Who are Leonardo DRS's competitors?

Companies most similar to Leonardo DRS by business, industry and size include TDY, LHX, GRMN, NOC, ST.

See a number that looks wrong?