Leonardo DRS, Inc.

Leonardo DRS, Inc.

DRSยทNASDAQ

$45.61

-3.8%
IndustrialsAerospace & Defense

Leonardo DRS, Inc., together with its subsidiaries, provides defense products and technologies in the land, air, sea, space, cyber and security, and commercial domains for military applications. It operates in two segments, Advanced Sensing and Computing, and Integrated Mission Systems. The company offers advanced sensor technologies, including infrared systems and sensors for threat detection and situational awareness; uncooled infrared systems and brownout solutions; airborne, ground vehicle mounted, and dismounted soldier electronic warfare (EW) systems; and EW software and training systems, and intelligence solutions. It also provides computing systems for ground vehicles, ships, and submarines; network and data distribution applications; sensor systems; and networked computing infrastructure on military platform. In addition, the company offers force protection systems, such as solutions for counter-unmanned aerial systems, short-range air defense systems, and active protection systems; and power control, distribution, conversion, and propulsion systems, as well as hybrid electric drive propulsion systems, energy storage, gas turbine packages, nuclear instrumentation and controls, and thermal management and refrigeration equipment. It serves the U.S. military, aerospace and defense prime contractors, government intelligence agencies, and international military customers. The company was founded in 1969 and is based in Arlington, Virginia.

At a Glance

Live Snapshot
Market Cap$12.17B
EPS1.0500
P/E Ratio43.44
Earnings Date07/29/2026
Leonardo DRS, Inc.

Leonardo DRS, Inc. Fair Value Envelope

DRS ยท NASDAQ

Our analysis suggests that DRS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $45.61, this represents a potential HIDDEN relative to our calculated worth for Leonardo DRS, Inc..

Intrinsic Value
Current Price: $45.61

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$26.6B
+ Cash & Equivalents$647.0M
Firm Value$27.2B
- Debt$470.0M
Equity Value$26.7B
/ Shares Outstanding266,026,725B
DCF Value$101
UNDERVALUED BY 120%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$446.7M
$545.1M
$665.3M
$812.0M
$990.9M
$1.2B
$1.5B
$1.8B
$2.2B
$2.7B
Maintenance CapEx
-$33.9M
-$41.4M
-$50.5M
-$61.7M
-$75.3M
-$91.9M
-$112.1M
-$136.8M
-$167.0M
-$203.8M
Owner Earnings
$412.7M
$503.7M
$614.8M
$750.3M
$915.7M
$1.1B
$1.4B
$1.7B
$2.0B
$2.5B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$382.2M
$431.9M
$488.0M
$551.5M
$623.2M
$704.2M
$795.8M
$899.3M
$1.0B
$1.1B
Terminal Value represents 73.5% of Enterprise Value