Leonardo DRS, Inc. logo DRS - Leonardo DRS, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 7
HOLD 2
SELL 0
STRONG
SELL 0
| PRICE TARGET: $53.33 DETAILS
HIGH: $59.00
LOW: $47.00
MEDIAN: $54.00
CONSENSUS: $53.33
UPSIDE: 18.72%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2007 2006 2005
Revenue
Revenue 3,648 3,234 2,826 2,693 2,879 2,778 2,714 2,333 3,295.4 2,821.1 1,735.5
Cost of Revenue 2,801 2,498 2,178 2,118 2,332 2,284 2,255 1,919 2,868.9 2,458.6 1,495.2
Gross Profit 847 736 648 575 547 494 459 414 426.5 362.5 240.3
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 66.1 50.9 47.6
SG&A Expenses 497 414 384 357 293 283 277 268 0 0 0
Other Expenses 2 29 33 (343) 18 30 19 101 0 0 0
Operating Expenses 499 443 417 14 311 313 296 369 66.1 50.9 47.6
Operating Income
Operating Income 348 293 231 561 236 181 163 45 360.4 311.6 192.7
Interest Expense 8 21 36 34 35 64 65 58 110.4 119.9 63.1
Interest Income 0 0 0 0 0 0 0 0 2.1 1.3 7.3
Profitability
EBITDA 441 376 313 624 293 229 211 169 438.6 385.2 241.7
EBIT 348 285 228 559 235 176 160 41 361.7 308.5 198.1
Income Before Tax 336 264 192 525 200 112 95 (17) 251.3 188.6 135.1
Income Tax Expense 58 51 24 120 46 27 20 (7) 83.8 60.1 52.0
Net Income 278 213 168 405 154 85 75 (10) 165.8 127.1 81.5
Per Share Data
EPS (Basic) 1.05 0.81 0.64 1.88 1.06 0.57 0.52 -0.07 2.01 6.38 16.51
EPS (Diluted) 1.03 0.80 0.64 1.88 1.06 0.57 0.52 -0.07 2.00 6.23 15.99
Shares Outstanding 265.3 264 262.5 215 145 149.8 145 145 82.5 19.9 4.9
Metric 2025 2024 2023 2022 2021 2020 2019 2007 2006 2005
Current Assets
Cash & Cash Equivalents 647 598 467 306 240 61 85 86.3 95.8 1.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,265 1,125 1,059 1,038 899 889 902 574.1 535.2 435.0
Inventory 352 358 329 319 205 247 209 437.7 367.6 331.6
Other Current Assets 36 55 42 24 22 33 36 58.1 71.5 59.6
Total Current Assets 2,326 2,163 1,918 1,707 1,389 1,263 1,251 1,225.6 1,125.7 903.6
Non-Current Assets
Property, Plant & Equipment 619 440 402 404 364 355 253 255.7 231.2 220.5
Goodwill 1,238 1,238 1,238 1,236 1,071 1,057 1,057 2,624.6 2,616.6 2,608.1
Intangible Assets 112 132 151 172 52 60 69 0 0 0
Long-Term Investments 21 0 0 0 27 25 0 167.8 197.0 231.1
Other Non-Current Assets 85 91 89 92 110 109 141 38.2 42.6 56.2
Total Non-Current Assets 2,291 2,021 2,003 1,970 1,680 1,693 1,637 3,090.5 3,089.0 3,118.3
Total Assets 4,617 4,184 3,921 3,677 3,069 2,956 2,888 4,316.0 4,214.7 4,021.9
Current Liabilities
Account Payables 351 426 398 457 479 478 536 357.9 297.4 224.7
Short-Term Debt 54 25 57 29 41 53 56 5.4 5.2 4.6
Deferred Revenue 585 399 335 233 174 177 175 37.0 51.5 34.6
Other Current Liabilities 86 140 146 204 201 184 136 370.6 332.0 346.4
Total Current Liabilities 1,231 1,116 1,078 1,042 989 975 1,001 870.8 770.5 703.1
Non-Current Liabilities
Long-Term Debt 226 340 349 365 352 374 656 1,627.5 1,783.0 1,828.8
Deferred Tax Liabilities 134 7 4 0 0 0 0 42.1 46.5 35.6
Other Non-Current Liabilities 106 98 97 75 62 99 124 92.1 112.2 102.8
Total Non-Current Liabilities 656 511 518 508 487 554 868 1,761.6 1,941.7 1,967.2
Total Liabilities 1,887 1,627 1,596 1,550 1,476 1,529 1,869 2,632.4 2,712.3 2,670.3
Stockholders' Equity
Common Stock 3 3 3 3 2 1 1 0.4 0.4 0.4
Retained Earnings (2,315) (2,593) (2,806) (2,974) (2,983) (3,137) (3,222) 537.1 399.8 277.7
Accumulated Other Comprehensive Income (41) (47) (47) (49) (58) (70) (93) 16.1 2.3 (3.3)
Total Stockholders' Equity 2,730 2,557 2,325 2,127 1,593 1,427 1,019 1,683.6 1,502.5 1,351.6
Total Liabilities & Equity 4,617 4,184 3,921 3,677 3,069 2,956 2,888 4,316.0 4,214.7 4,021.9
Debt Metrics
Total Debt 470 458 497 487 490 530 821 1,632.9 1,788.2 1,833.4
Net Debt (177) (140) 30 181 250 469 736 1,546.6 1,692.4 1,832.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2007 2006 2005
Operating Activities
Net Income 278 213 168 405 154 85 75 (10) 165.8 127.1 81.5
Depreciation & Amortization 93 91 85 65 58 53 51 128 78.2 76.7 49.0
Stock-Based Compensation 32 22 17 5 0 0 0 0 0 0 0
Change in Working Capital (65) (79) (14) (82) (65) (46) 16 (18) (60.5) (37.7) 1.2
Other Non-Cash Items 0 1 1 (354) 0 3 3 8 255.0 255.9 122.1
Operating Cash Flow 366 271 205 33 178 125 157 105 211.5 195.2 157.1
Investing Activities
Capital Expenditure (139) (85) (60) (65) (60) (56) (55) (40) (71.3) (55.9) (43.2)
Acquisitions 0 0 0 501 (14) 5 (4) (6) (6.0) (16.7) (1,424.3)
Purchases of Investments (15) 0 0 0 (2) (4) 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 60 (5) 0 0 0 0 0
Other Investing Activities 0 1 1 0 55 (10) (92) 0 0.4 2.7 0.1
Investing Cash Flow (154) (84) (59) 436 39 (70) (151) (46) (76.8) (69.9) (1,467.4)
Financing Activities
Net Debt Issuance (10) (43) 8 (2) (38) (76) 1 (17) (155.5) (44.3) 1,023.8
Stock Repurchased (35) (19) (1) 0 0 0 0 0 0 0 0
Dividends Paid (96) 0 0 (396) 0 0 0 0 (4.9) (5.0) (3.7)
Other Financing Activities (31) (10) (4) (5) 0 (4) (2) (13) 5.5 5.4 0
Financing Cash Flow (163) (56) 15 (403) (38) (80) (1) (30) (144.3) (31.0) 1,004.2
Cash Position
Net Change in Cash 49 131 161 66 179 (24) 6 27 (9.6) 94.3 (306.1)
Cash at Beginning 598 467 306 240 61 85 79 52 95.8 1.5 307.4
Cash at End 647 598 467 306 240 61 85 79 86.3 95.8 1.3
Free Cash Flow 227 186 145 (32) 118 69 102 65 140.1 139.3 113.9
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2007 2006 2005
Income Statement
Revenue 3,648 3,234 2,826 2,693 2,879 2,778 2,714 2,333 3,295.4 2,821.1 1,735.5
Gross Profit 847 736 648 575 547 494 459 414 426.5 362.5 240.3
Operating Income 348 293 231 561 236 181 163 45 360.4 311.6 192.7
Net Income 278 213 168 405 154 85 75 (10) 165.8 127.1 81.5
EPS (Diluted) 1.03 0.80 0.64 1.88 1.06 0.57 0.52 -0.07 2.00 6.23 15.99
Balance Sheet
Cash & Equivalents 647 598 467 306 240 61 85 86.3 95.8 1.3
Total Assets 4,617 4,184 3,921 3,677 3,069 2,956 2,888 4,316.0 4,214.7 4,021.9
Total Debt 470 458 497 487 490 530 821 1,632.9 1,788.2 1,833.4
Stockholders' Equity 2,730 2,557 2,325 2,127 1,593 1,427 1,019 1,683.6 1,502.5 1,351.6
Cash Flow
Operating Cash Flow 366 271 205 33 178 125 157 105 211.5 195.2 157.1
Capital Expenditure (139) (85) (60) (65) (60) (56) (55) (40) (71.3) (55.9) (43.2)
Free Cash Flow 227 186 145 (32) 118 69 102 65 140.1 139.3 113.9