(DRS) Leonardo DRS, Common Stock - Overview

Sector: Industrials | Industry: Aerospace & Defense | Exchange: NASDAQ (USA) | Market Cap: 12.317m USD | Total Return: 54.5% in 12m

Defense Electronics, Sensing, Computing, Propulsion, Radars
Total Rating 64
Safety 54
Buy Signal 0.44
Aerospace & Defense
Industry Rotation: -6.7
Market Cap: 12.3B
Avg Turnover: 48.9M USD
ATR: 4.04%
Peers RS (IBD): 55.7
Risk 5d forecast
Volatility41.0%
Rel. Tail Risk-8.85%
Reward TTM
Sharpe Ratio0.99
Alpha23.43
Character TTM
Beta0.822
Beta Downside0.222
Drawdowns 3y
Max DD32.48%
CAGR/Max DD1.50
EPS (Earnings per Share) EPS (Earnings per Share) of DRS over the last years for every Quarter: "2021-03": 0.08, "2021-06": 0.2, "2021-09": 0.12, "2021-12": 0.1, "2022-03": -0.01, "2022-06": -0.09, "2022-09": 1.9241, "2022-12": 0.35, "2023-03": 0.07, "2023-06": 0.15, "2023-09": 0.2, "2023-12": 0.31, "2024-03": 0.14, "2024-06": 0.18, "2024-09": 0.24, "2024-12": 0.38, "2025-03": 0.2, "2025-06": 0.23, "2025-09": 0.29, "2025-12": 0.42, "2026-03": 0,
EPS CAGR: 55.10%
EPS Trend: -20.9%
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of DRS over the last years for every Quarter: 2021-03: 681, 2021-06: 658, 2021-09: 720, 2021-12: 820, 2022-03: 612, 2022-06: 627, 2022-09: 634, 2022-12: 820, 2023-03: 569, 2023-06: 628, 2023-09: 703, 2023-12: 926, 2024-03: 688, 2024-06: 753, 2024-09: 812, 2024-12: 981, 2025-03: 799, 2025-06: 829, 2025-09: 960, 2025-12: 1060, 2026-03: null,
Rev. CAGR: 15.77%
Rev. Trend: 79.2%
Last SUE: 3.11
Qual. Beats: 2

Warnings

Altman Z'' -0.86 < 1.0 - financial distress zone

Tailwinds

No distinct edge detected

Description: DRS Leonardo DRS, Common Stock

Leonardo DRS, Inc. (DRS) is a U.S.-based defense electronics company operating globally. It offers defense products and military support services.

The company has two segments: Advanced Sensing and Computing (ASC) and Integrated Mission Systems. The ASC segment focuses on sensing and network computing technology for situational awareness. This includes advanced detection, targeting, surveillance, and intelligence systems like electronic warfare and tactical radars. Defense contractors often specialize in specific technological niches to serve diverse military needs.

ASC also provides electrical propulsion systems, encompassing power conversion, control, and distribution, along with energy storage and thermal management solutions. The defense sector frequently integrates advanced power and thermal management into modern military platforms.

Leonardo DRS, Inc. was founded in 1968 and is headquartered in Arlington, Virginia. It operates as a subsidiary of Leonardo US Holding, LLC. To further explore its financial health and market position, consider reviewing its detailed reports on ValueRay.

Headlines to Watch Out For
  • Defense spending budgets directly impact contract awards
  • Geopolitical stability influences demand for defense systems
  • Supply chain disruptions raise production costs
  • Technology innovation secures future defense contracts
Piotroski VR‑10 (Strict) 7.0
Net Income: 278.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA 0.47 > 1.0
NWC/Revenue: 30.02% < 20% (prev 32.37%; Δ -2.36% < -1%)
CFO/TA 0.08 > 3% & CFO 366.0m > Net Income 278.0m
Net Debt (-177.0m) to EBITDA (438.0m): -0.40 < 3
Current Ratio: 1.89 > 1.5 & < 3
Outstanding Shares: last quarter (268.8m) vs 12m ago 0.30% < -2%
Gross Margin: 23.66% > 18% (prev 0.23%; Δ 2.34k% > 0.5%)
Asset Turnover: 82.90% > 50% (prev 77.29%; Δ 5.61% > 0%)
Interest Coverage Ratio: 43.12 > 6 (EBITDA TTM 438.0m / Interest Expense TTM 8.00m)
Altman Z'' -0.86
A: 0.24 (Total Current Assets 2.33b - Total Current Liabilities 1.23b) / Total Assets 4.62b
B: -0.50 (Retained Earnings -2.31b / Total Assets 4.62b)
C: 0.08 (EBIT TTM 345.0m / Avg Total Assets 4.40b)
D: -1.25 (Book Value of Equity -2.35b / Total Liabilities 1.89b)
Altman-Z'' Score: -0.86 = CCC
Beneish M -3.02
DSRI: 1.00 (Receivables 1.26b/1.12b, Revenue 3.65b/3.23b)
GMI: 0.96 (GM 23.66% / 22.76%)
AQI: 0.96 (AQ_t 0.36 / AQ_t-1 0.38)
SGI: 1.13 (Revenue 3.65b / 3.23b)
TATA: -0.02 (NI 278.0m - CFO 366.0m) / TA 4.62b)
Beneish M-Score: -3.02 (Cap -4..+1) = AA
What is the price of DRS shares? As of April 07, 2026, the stock is trading at USD 46.73 with a total of 879,943 shares traded.
Over the past week, the price has changed by +8.05%, over one month by +0.51%, over three months by +24.98% and over the past year by +54.49%.
Is DRS a buy, sell or hold? Leonardo DRS, Common Stock has received a consensus analysts rating of 4.38. Therefore, it is recommended to buy DRS.
  • StrongBuy: 5
  • Buy: 1
  • Hold: 2
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the DRS price?
Analysts Target Price 51.4 10%
Leonardo DRS, Common Stock (DRS) - Fundamental Data Overview as of 04 April 2026
P/E Trailing = 44.9515
P/E Forward = 36.63
P/S = 3.3764
P/B = 4.4658
Revenue TTM = 3.65b USD
EBIT TTM = 345.0m USD
EBITDA TTM = 438.0m USD
Long Term Debt = 321.0m USD (from longTermDebt, last quarter)
Short Term Debt = 54.0m USD (from shortTermDebt, last quarter)
Debt = 470.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -177.0m USD (from netDebt column, last quarter)
Enterprise Value = 12.14b USD (12.32b + Debt 470.0m - CCE 647.0m)
Interest Coverage Ratio = 43.12 (Ebit TTM 345.0m / Interest Expense TTM 8.00m)
EV/FCF = 53.48x (Enterprise Value 12.14b / FCF TTM 227.0m)
FCF Yield = 1.87% (FCF TTM 227.0m / Enterprise Value 12.14b)
FCF Margin = 6.22% (FCF TTM 227.0m / Revenue TTM 3.65b)
Net Margin = 7.62% (Net Income TTM 278.0m / Revenue TTM 3.65b)
Gross Margin = 23.66% ((Revenue TTM 3.65b - Cost of Revenue TTM 2.79b) / Revenue TTM)
Gross Margin QoQ = 24.81% (prev 23.12%)
Tobins Q-Ratio = 2.63 (Enterprise Value 12.14b / Total Assets 4.62b)
Interest Expense / Debt = 0.21% (Interest Expense 1.00m / Debt 470.0m)
Taxrate = 17.74% (22.0m / 124.0m)
NOPAT = 283.8m (EBIT 345.0m * (1 - 17.74%))
Current Ratio = 1.89 (Total Current Assets 2.33b / Total Current Liabilities 1.23b)
Debt / Equity = 0.17 (Debt 470.0m / totalStockholderEquity, last quarter 2.73b)
Debt / EBITDA = -0.40 (Net Debt -177.0m / EBITDA 438.0m)
Debt / FCF = -0.78 (Net Debt -177.0m / FCF TTM 227.0m)
Total Stockholder Equity = 2.64b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.32% (Net Income 278.0m / Total Assets 4.62b)
RoE = 10.54% (Net Income TTM 278.0m / Total Stockholder Equity 2.64b)
RoCE = 11.66% (EBIT 345.0m / Capital Employed (Equity 2.64b + L.T.Debt 321.0m))
RoIC = 9.49% (NOPAT 283.8m / Invested Capital 2.99b)
WACC = 8.55% (E(12.32b)/V(12.79b) * Re(8.87%) + D(470.0m)/V(12.79b) * Rd(0.21%) * (1-Tc(0.18)))
Discount Rate = 8.87% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.58%
[DCF] Terminal Value 68.20% ; FCFF base≈210.6m ; Y1≈138.3m ; Y5≈63.2m
[DCF] Fair Price = 4.96 (EV 1.14b - Net Debt -177.0m = Equity 1.32b / Shares 265.8m; r=8.55% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -20.87 | EPS CAGR: 55.10% | SUE: 0.0 | # QB: 0
Revenue Correlation: 79.19 | Revenue CAGR: 15.77% | SUE: 3.11 | # QB: 2
EPS next Quarter (2026-06-30): EPS=0.27 | Chg7d=+0.002 | Chg30d=+0.007 | Revisions Net=+3 | Analysts=10
EPS current Year (2026-12-31): EPS=1.25 | Chg7d=+0.000 | Chg30d=+0.003 | Revisions Net=-2 | Growth EPS=+9.1% | Growth Revenue=+7.1%
EPS next Year (2027-12-31): EPS=1.41 | Chg7d=+0.005 | Chg30d=-0.002 | Revisions Net=+1 | Growth EPS=+12.2% | Growth Revenue=+6.5%
[Analyst] Revisions Ratio: +1.00 (3 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 6.6% (Discount Rate 8.9% - Earnings Yield 2.2%)
[Growth] Growth Spread = +2.9% (Analyst 9.6% - Implied 6.6%)
External Resources
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