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
3Y+1009.0%
5Y+193.0%
10Y+87.0%
3Y-135.0%
5Y+120.0%
10Y+120.0%
3Y-60.0%
5Y+104.0%
10Y+426.0%
DRS

Leonardo DRS, Inc. Cash Conversion Engine

DRS ยท NASDAQ
Net Income278.00M
Depreciation & Amortization93.00M
Stock-Based Compensation32.00M
Change in Working Capital-65.00M
Others0.00
Capital Expenditures-139.00M
Free Cash Flow227.00M

Cash Flow Quality Analysis

FCF Conversion Rate

81.7%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

38.0%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+22.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$65.00M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

Leonardo DRS, Inc. Cash Flow Statement

DRS โ€ข NASDAQ

Leonardo DRS, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Mar 2008Mar 2007Mar 2006
OPERATING ACTIVITIES
278M
213M
168M
405M
154M
85M
75M
-10M
165.8M
127.1M
81.5M
93M
91M
85M
65M
58M
53M
51M
128M
78.2M
76.7M
49M
28M
23M
-52M
-6M
31M
30M
12M
-3M
17.2M
10.6M
15.5M
32M
22M
17M
5M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1M
1M
-354M
0.0
3M
3M
8M
255M
255.9M
122.1M
-65M
-79M
-14M
-82M
-65M
-46M
16M
-18M
-60.5M
-37.7M
1.2M
366M
271M
205M
33M
178M
125M
157M
105M
211.5M
195.2M
157.1M
INVESTING ACTIVITIES
-139M
-85M
-60M
-65M
-60M
-56M
-55M
-40M
-71.3M
-55.9M
-43.2M
(0.0)
(0.0)
(0.0)
(501M)
-14M
(5M)
-4M
-6M
-6M
-16.7M
-1.4B
-15M
(0.0)
(0.0)
(0.0)
-2M
-4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
0.0
0.0
0.0
0.0
60M
-5M
0.0
0.0
0.0
0.0
0.0
0.0
1M
1M
0.0
55M
-10M
-92M
0.0
441K
2.7M
62K
-154M
-84M
-59M
(436M)
(39M)
-70M
-151M
-46M
-76.8M
-69.9M
-1.5B
FINANCING ACTIVITIES
-26M
-3M
11M
0.0
0.0
0.0
0.0
0.0
10.6M
12.9M
-15.8M
-10M
-43M
8M
-2M
-38M
-76M
1M
-17M
-155.5M
-44.3M
1B
-96M
(0.0)
(0.0)
-396M
(0.0)
(0.0)
(0.0)
(0.0)
-4.9M
-5M
-3.7M
-35M
-19M
-1M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-31M
-10M
-4M
-5M
0.0
-4M
-2M
-13M
5.5M
5.4M
0.0
-163M
-56M
15M
-403M
-38M
-80M
-1M
-30M
-144.3M
-31M
1B
CASH FLOW SUMMARY
0.0
0.0
0.0
0.0
0.0
1M
1M
-2M
0.0
0.0
0.0
49M
131M
161M
66M
179M
-24M
6M
27M
-9.6M
94.3M
-306.1M
598M
467M
306M
240M
61M
85M
79M
52M
95.8M
1.5M
307.4M
647M
598M
467M
306M
240M
61M
85M
79M
86.3M
95.8M
1.3M
227M
186M
145M
-32M
118M
69M
102M
65M
140.1M
139.3M
113.9M

SEC Filings

DRS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 14, 2026
May 14, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 03, 2026
May 14, 2026
2026
8-K

8-K 2026

N/A

March 10, 2026
March 05, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 24, 2026
February 24, 2026
2026
8-K

8-K 2026

N/A

January 28, 2026
January 28, 2026
2026
10-Q/A

10-Q/A 2025 Q3 (Amended)

Q3

January 07, 2026
September 30, 2025
2025
8-K

8-K 2026

N/A

January 06, 2026
January 06, 2026
2026
Showing 1 to 10 of 82 filings