Leonardo DRS (DRS) Financials: Revenue & Earnings
DRS$35.42-0.57 -1.58%
$9.45B
Market Cap
29.87
P/E
25.48
Forward P/E
54
Score
Leonardo DRS (DRS) Financials: Revenue & Earnings
DRS price $35.42 -0.57 -1.58%
- Ticker
- DRS
- Price
- $35.42
- Change
- -0.57 -1.58%
- Market cap ?
- $9.45B
- P/E ?
- 29.87
- Forward P/E ?
- 25.48
- Dividend yield ?
- 1.00%
- Beta ?
- 0.18
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Stocklytics score
- 54
- Value
- 44
- Quality
- 55
- Growth
- 62
Stocklytics score rationale: value 44, quality 55, growth 62.
Financials
| 2006 | 2007 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 2821113000 | 3295384000 | 2333000000 | 2714000000 | 2778000000 | 2879000000 | 2693000000 | 2826000000 | 3234000000 | 3648000000 |
Established in Arlington, Virginia, in 1969, Leonardo DRS, Inc. is a leading supplier of advanced defense products and technologies. The company's diverse portfolio addresses military requirements across various environments, including land, air, sea, space, and cybersecurity, with additional applications in the commercial sector. Its operations are organized into two primary divisions: Advanced Sensing and…
Fair value
DRS fair value $18.91. Price $35.42. Price is 87% above fair value.
Above fair value, around its usual premium.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 363.00M. Growth 7.90%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 266.89M. Net debt -177.00M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-10-29 | — | 0.35 | — | 1.03B |
| 2026-07-30 | 0.35 | 0.27 | 913.00M | 903.27M |
| 2026-05-05 | 0.26 | 0.21 | 846.00M | 825.05M |
| 2026-02-24 | 0.42 | 0.37 | 1.06B | 994.85M |
| 2025-10-29 | 0.29 | 0.28 | 960.00M | 996.46M |
| 2025-07-30 | 0.23 | 0.22 | 829.00M | 906.41M |
| 2025-05-01 | 0.20 | 0.17 | 799.00M | 736.72M |
| 2025-02-20 | 0.38 | 0.36 | 981.00M | 736.35M |
| 2024-10-30 | 0.24 | 0.20 | 812.00M | 939.45M |
| 2024-07-30 | 0.18 | 0.14 | 753.00M | 747.48M |
| 2024-05-01 | 0.14 | 0.11 | 688.00M | 680.16M |
| 2024-02-27 | 0.31 | 0.30 | 926.00M | 639.38M |
| 2023-11-02 | 0.20 | 0.16 | 703.00M | 890.79M |
| 2023-08-02 | 0.15 | 0.11 | 628.00M | 682.14M |
| 2023-05-03 | 0.07 | 0.05 | 569.00M | 630.51M |
| 2023-03-28 | 0.35 | 0.28 | 820.00M | 531.04M |
| 2022-11-07 | 0.17 | 0.09 | 634.00M | 30.61M |
| 2022-08-17 | -0.09 | 0.06 | 627.00M | 29.12M |
| 2022-05-10 | -0.01 | 0.12 | 612.00M | 30.79M |
| 2022-02-09 | 0.10 | 0.12 | 820.00M | 31.60M |
| 2021-11-03 | 0.12 | 0.11 | 720.00M | — |
| 2021-08-02 | 0.20 | 0.09 | 658.00M | — |
| 2021-05-11 | 0.08 | 0.07 | 681.00M | — |
| 2021-02-10 | 0.06 | 0.06 | 826.00M | — |
| 2020-11-10 | 0.05 | 0.02 | 719.00M | — |
| 2020-08-11 | 0.02 | 0.01 | 650.00M | — |
| 2020-05-19 | 0.07 | — | 583.00M | — |
| 2020-03-10 | — | — | — | — |
| 2019-11-19 | -0.02 | -0.02 | 678.50M | — |
| 2019-08-21 | 0.13 | — | 678.50M | — |
| 2019-05-21 | 0.13 | — | 678.50M | — |
| 2019-03-20 | — | — | — | — |
| 2018-11-14 | -0.02 | — | 583.25M | — |
| 2018-08-15 | -0.02 | — | 583.25M | — |
| 2018-05-23 | -0.02 | — | 583.25M | — |
| 2018-03-07 | — | — | — | — |
| 2017-11-28 | — | — | — | — |
| 2017-08-10 | — | — | — | — |
| 2017-05-24 | — | — | — | — |
| 2017-03-27 | — | — | — | — |
Dividends
Yield 1.02%. Payout ratio 29.81%. Frequency Quarterly.
Safety score 72/100 · Moderate. Payout ratio is 30% of earnings. Dividends use less than 40% of free cash flow. Dividend history is short. Yield is 1.0%, which is modest.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-08-13 | $0.09 | 2026-08-13 | 2026-08-27 | Quarterly |
| 2026-05-19 | $0.09 | 2026-05-19 | 2026-06-02 | Quarterly |
| 2026-03-10 | $0.09 | 2026-03-10 | 2026-03-24 | Quarterly |
| 2025-11-18 | $0.09 | 2025-11-18 | 2025-12-02 | Quarterly |
| 2025-08-20 | $0.09 | 2025-08-20 | 2025-09-03 | Quarterly |
| 2025-05-22 | $0.09 | 2025-05-22 | 2025-06-05 | Quarterly |
| 2025-03-13 | $0.09 | 2025-03-13 | 2025-03-27 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-09-30 | TOWNSEND FRANCES F | Buy | 1.01K | — | — |
| 2026-09-30 | TOWNSEND FRANCES F | Sell | 1.01K | — | — |
| 2026-09-09 | Krieg Kenneth J | Sell | 3.70K | — | — |
| 2026-09-04 | Dorfman Mark | Sell | 7.47K | $37.01 | 276.50K |
| 2026-09-02 | Dippold Michael | Sell | 20.32K | $37.18 | 755.39K |
| 2026-08-04 | Rinsky Jason | Sell | 3.86K | $45.81 | 177.01K |
| 2026-07-07 | Rinsky Jason | Sell | 3.87K | $45.37 | 175.36K |
| 2026-06-30 | TOWNSEND FRANCES F | Buy | 1.01K | — | — |
| 2026-06-30 | TOWNSEND FRANCES F | Sell | 1.01K | — | — |
| 2026-06-18 | Baylouny John | Sell | 36.47K | $45.67 | 1.67M |
| 2026-06-11 | Wallace Sally | Sell | 1.30K | $50.00 | 65.00K |
| 2026-06-08 | Dippold Michael | Sell | 8.32K | $46.48 | 386.62K |
| 2026-06-04 | Dorfman Mark | Sell | 5.54K | $45.75 | 253.27K |
| 2026-06-04 | TOWNSEND FRANCES F | Buy | 3.56K | — | — |
| 2026-06-04 | TOWNSEND FRANCES F | Sell | 3.56K | — | — |
| 2026-06-04 | SALZMAN ERIC | Buy | 3.56K | — | — |
| 2026-06-04 | SALZMAN ERIC | Sell | 3.56K | — | — |
| 2026-06-04 | Brothers Louis R Jr | Buy | 3.56K | — | — |
| 2026-06-04 | Brothers Louis R Jr | Sell | 3.56K | — | — |
| 2026-06-04 | Krieg Kenneth J | Buy | 3.56K | — | — |
| 2026-06-04 | Krieg Kenneth J | Sell | 3.56K | — | — |
| 2026-06-04 | Jeffery Reuben III | Buy | 649 | — | — |
| 2026-06-04 | Jeffery Reuben III | Sell | 649 | — | — |
| 2026-06-04 | GALLAGHER MARY E | Buy | 3.56K | — | — |
| 2026-06-04 | GALLAGHER MARY E | Sell | 3.56K | — | — |
| 2026-06-04 | Casey George | Buy | 3.56K | — | — |
| 2026-06-04 | Casey George | Sell | 3.56K | — | — |
| 2026-06-04 | Baker Gail | Buy | 3.56K | — | — |
| 2026-06-04 | Baker Gail | Sell | 3.56K | — | — |
| 2026-06-03 | Rinsky Jason | Sell | 3.87K | $46.87 | 181.15K |
| 2026-05-27 | Morrow Pamela | Sell | 11.54K | $45.13 | 521.03K |
| 2026-05-19 | Jeffery Reuben III | Buy | 25.00K | $42.77 | 1.07M |
| 2026-05-14 | TOWNSEND FRANCES F | Buy | 3.73K | — | — |
| 2026-05-14 | SALZMAN ERIC | Buy | 3.73K | — | — |
| 2026-05-14 | Brothers Louis R Jr | Buy | 3.73K | — | — |
| 2026-05-14 | Krieg Kenneth J | Buy | 3.73K | — | — |
| 2026-05-14 | GALLAGHER MARY E | Buy | 3.73K | — | — |
| 2026-05-14 | Casey George | Buy | 3.73K | — | — |
| 2026-05-14 | Baker Gail | Buy | 3.73K | — | — |
| 2026-05-14 | Jeffery Reuben III | Buy | 3.73K | — | — |
| 2026-04-09 | Dorfman Mark | Buy | 7.36K | — | — |
| 2026-04-09 | Morrow Pamela | Buy | 4.09K | — | — |
| 2026-04-09 | Rinsky Jason | Buy | 5.89K | — | — |
| 2026-04-09 | Wallace Sally | Buy | 7.36K | — | — |
| 2026-04-09 | Dippold Michael | Buy | 12.02K | — | — |
| 2026-04-09 | Baylouny John | Buy | 21.80K | — | — |
| 2026-04-02 | Dorfman Mark | Sell | 4.66K | $45.38 | 211.43K |
| 2026-04-02 | Dippold Michael | Sell | 7.07K | $45.38 | 320.88K |
| 2026-04-02 | Wallace Sally | Sell | 28.96K | $46.35 | 1.34M |
| 2026-04-01 | Rinsky Jason | Buy | 2.79K | — | — |
| 2026-04-01 | Rinsky Jason | Buy | 3.79K | — | — |
| 2026-04-01 | Rinsky Jason | Sell | 1.37K | $45.86 | 63.01K |
| 2026-04-01 | Rinsky Jason | Buy | 11.61K | — | — |
| 2026-04-01 | Rinsky Jason | Buy | 5.38K | — | — |
| 2026-04-01 | Rinsky Jason | Sell | 1.87K | $45.86 | 85.76K |
| 2026-04-01 | Rinsky Jason | Sell | 2.65K | $45.86 | 121.44K |
| 2026-04-01 | Rinsky Jason | Buy | 17.32K | — | — |
| 2026-04-01 | Rinsky Jason | Sell | 5.72K | $45.86 | 262.18K |
| 2026-04-01 | Rinsky Jason | Sell | 6.41K | $45.86 | 294.15K |
| 2026-04-01 | Rinsky Jason | Sell | 2.79K | — | — |
| 2026-04-01 | Rinsky Jason | Sell | 3.79K | — | — |
| 2026-04-01 | Rinsky Jason | Sell | 5.38K | — | — |
| 2026-04-01 | Morrow Pamela | Buy | 1.90K | — | — |
| 2026-04-01 | Morrow Pamela | Buy | 2.52K | — | — |
| 2026-04-01 | Morrow Pamela | Sell | 894 | $45.86 | 41.00K |
| 2026-04-01 | Morrow Pamela | Buy | 3.24K | — | — |
| 2026-04-01 | Morrow Pamela | Sell | 1.18K | $45.86 | 54.25K |
| 2026-04-01 | Morrow Pamela | Buy | 6.99K | — | — |
| 2026-04-01 | Morrow Pamela | Sell | 1.52K | $45.86 | 69.84K |
| 2026-04-01 | Morrow Pamela | Sell | 2.54K | $45.86 | 116.53K |
| 2026-04-01 | Morrow Pamela | Buy | 10.43K | — | — |
| 2026-04-01 | Morrow Pamela | Sell | 3.34K | $45.86 | 153.13K |
| 2026-04-01 | Morrow Pamela | Sell | 1.90K | — | — |
| 2026-04-01 | Morrow Pamela | Sell | 2.52K | — | — |
| 2026-04-01 | Morrow Pamela | Sell | 3.24K | — | — |
| 2026-04-01 | Dorfman Mark | Buy | 3.45K | — | — |
| 2026-04-01 | Dorfman Mark | Buy | 4.77K | — | — |
| 2026-04-01 | Dorfman Mark | Sell | 1.69K | $45.86 | 77.60K |
| 2026-04-01 | Dorfman Mark | Buy | 15.66K | — | — |
| 2026-04-01 | Dorfman Mark | Buy | 7.25K | — | — |
| 2026-04-01 | Dorfman Mark | Sell | 2.34K | $45.86 | 107.31K |
| 2026-04-01 | Dorfman Mark | Sell | 3.56K | $45.86 | 163.17K |
| 2026-04-01 | Dorfman Mark | Buy | 23.37K | — | — |
| 2026-04-01 | Dorfman Mark | Sell | 7.68K | $45.86 | 352.39K |
| 2026-04-01 | Dorfman Mark | Sell | 9.96K | $45.86 | 456.58K |
| 2026-04-01 | Dorfman Mark | Sell | 3.45K | — | — |
| 2026-04-01 | Dorfman Mark | Sell | 4.77K | — | — |
| 2026-04-01 | Dorfman Mark | Sell | 7.25K | — | — |
| 2026-04-01 | Dippold Michael | Buy | 5.45K | — | — |
| 2026-04-01 | Dippold Michael | Buy | 6.82K | — | — |
| 2026-04-01 | Dippold Michael | Sell | 2.46K | $45.86 | 112.77K |
| 2026-04-01 | Dippold Michael | Buy | 10.36K | — | — |
| 2026-04-01 | Dippold Michael | Buy | 22.38K | — | — |
| 2026-04-01 | Dippold Michael | Sell | 3.07K | $45.86 | 140.97K |
| 2026-04-01 | Dippold Michael | Sell | 4.67K | $45.86 | 214.30K |
| 2026-04-01 | Dippold Michael | Buy | 33.38K | — | — |
| 2026-04-01 | Dippold Michael | Sell | 10.09K | $45.86 | 462.86K |
| 2026-04-01 | Dippold Michael | Sell | 13.86K | $45.86 | 635.53K |
| 2026-04-01 | Dippold Michael | Sell | 5.45K | — | — |
| 2026-04-01 | Dippold Michael | Sell | 6.82K | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 392, holders +35 vs prior quarter. Ownership 26.60%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 4.99M | -141.76K | -2.76% | 212.88M |
| STATE STREET CORP | 4.51M | 141.51K | +3.24% | 192.62M |
| AQR CAPITAL MANAGEMENT LLC | 4.43M | 1.36M | +44.08% | 187.87M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.61M | -93.39K | -2.52% | 153.83M |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.57M | 19.95K | +0.56% | 152.32M |
| FMR LLC | 3.47M | -187.97K | -5.14% | 148.07M |
| FIRST TRUST ADVISORS LP | 2.68M | 453.73K | +20.36% | 114.43M |
| PRICE T ROWE ASSOCIATES INC /MD/ | 2.54M | -833.99K | -24.70% | 108.48M |
| VOYA INVESTMENT MANAGEMENT LLC | 2.52M | -636.32K | -20.16% | 107.50M |
| STEPHENS INVESTMENT MANAGEMENT GROUP LLC | 2.40M | 283.57K | +13.39% | 102.49M |
| BESSEMER GROUP INC | 2.22M | 2.22M | New | 94.52M |
| DIMENSIONAL FUND ADVISORS LP | 2.08M | 93.07K | +4.69% | 88.56M |
| INVESCO LTD. | 1.93M | -387.05K | -16.70% | 82.39M |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 1.67M | -57.66K | -3.34% | 71.20M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.55M | -43.65K | -2.73% | 66.36M |
| VAN ECK ASSOCIATES CORP | 1.54M | -201.49K | -11.60% | 65.54M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 1.13M | -118.80K | -9.54% | 50.61M |
| MILLENNIUM MANAGEMENT LLC | 1.18M | 933.60K | +373.05% | 50.52M |
| CAPITAL INTERNATIONAL INVESTORS | 1.13M | 30.94K | +2.82% | 48.05M |
| NORGES BANK | 992.32K | 992.32K | New | 42.34M |
| FEDERATED HERMES, INC. | 928.44K | 617.71K | +198.79% | 39.62M |
| GOLDMAN SACHS GROUP INC | 772.96K | 97.49K | +14.43% | 32.98M |
| MORGAN STANLEY | 745.17K | -252.88K | -25.34% | 31.80M |
| OBERWEIS ASSET MANAGEMENT INC/ | 628.49K | 178.99K | +39.82% | 26.82M |
| BANK OF AMERICA CORP /DE/ | 584.52K | 91.68K | +18.60% | 24.94M |
Earnings and financials
Leonardo DRS, Inc. (DRS) trades at $35.42, with a market cap of $9.45B and a trailing P/E of 29.87. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2006 | 2007 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 2821113000 | 3295384000 | 2333000000 | 2714000000 | 2778000000 | 2879000000 | 2693000000 | 2826000000 | 3234000000 | 3648000000 |
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