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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 18/3012% below fair value
$35.18−0.48 (-1.35%)

Close on Nov 13, 2026Market cap $9.38BP/E 25.9Yield 1.02%

Leonardo DRS operating margin

Operating margin is operating income as a percentage of revenue.

Leonardo DRS's operating margin for the twelve months ending Sep 30, 2026 was 10.8%. For fiscal 2025 it was 9.5%, against 9.1% the year before. The highest annual figure on record is 20.8% in fiscal 2022.

Annual operating margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 20259.5%+0.5
FY2024Dec 31, 20249.1%+0.9
FY2023Dec 31, 20238.2%−12.7
FY2022Dec 31, 202220.8%+12.6
FY2021Dec 31, 20218.2%+1.7
FY2020Dec 31, 20206.5%+0.5
FY2019Dec 31, 20196.0%–

Quarterly operating margin

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange (pts)
Q3 FY2026Sep 30, 202610.9%+1.2
Q2 FY2026Jun 30, 202611.2%+2.7
Q1 FY2026Mar 31, 20269.1%+1.7
Q4 FY2025Dec 31, 202511.9%−0.3
Q3 FY2025Sep 30, 20259.7%+0.5
Q2 FY2025Jun 30, 20258.4%+1.1
Q1 FY2025Mar 31, 20257.4%+1.1
Q4 FY2024Dec 31, 202412.2%+0.9
Q3 FY2024Sep 30, 20249.2%+0.8
Q2 FY2024Jun 30, 20247.3%+0.6
Q1 FY2024Mar 31, 20246.3%+1.9
Q4 FY2023Dec 31, 202311.3%+0.7
Q3 FY2023Sep 30, 20238.4%−50.9
Q2 FY2023Jun 30, 20236.7%−0.0
Q1 FY2023Mar 31, 20234.4%−4.8
Q4 FY2022Dec 31, 202210.6%+0.7
Q3 FY2022Sep 30, 202259.3%+51.9
Q2 FY2022Jun 30, 20226.7%−1.1
Q1 FY2022Mar 31, 20229.2%+1.7
Q4 FY2021Dec 31, 20219.9%+0.3
Q3 FY2021Sep 30, 20217.4%+2.2
Q2 FY2021Jun 30, 20217.8%+3.1
Q1 FY2021Mar 31, 20217.5%+1.5
Q4 FY2020Dec 31, 20209.6%–
Q3 FY2020Sep 30, 20205.1%–
Q2 FY2020Jun 30, 20204.6%–
Q1 FY2020Mar 31, 20206.0%–

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