Leonardo DRS, Inc. Financials

DRS

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

Financial Health Signals

Financial Profile 56/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Leonardo DRS, Inc. has an operating margin of 9.1%, meaning the company retains $9 of operating profit per $100 of revenue. This results in a moderate score of 45/100, indicating healthy but not exceptional operating efficiency. This is up from 8.2% the prior year.

Growth

Leonardo DRS, Inc.'s revenue grew 14.4% year-over-year to $3.2B, a solid pace of expansion. This earns a growth score of 70/100.

Leverage

100

Leonardo DRS, Inc. carries a low D/E ratio of 0.14, meaning only $0.14 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Leonardo DRS, Inc.'s current ratio of 1.94 indicates adequate short-term liquidity, earning a score of 58/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Leonardo DRS, Inc.'s free cash flow margin of 5.8% results in a low score of 29/100. Capital expenditures of $85.0M absorb a large share of operating cash flow.

Returns

Leonardo DRS, Inc.'s ROE of 8.3% shows moderate profitability relative to equity, earning a score of 33/100. This is up from 7.2% the prior year.

Altman Z-Score Safe

4.18

Leonardo DRS, Inc. scores 4.18, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($10.1B) relative to total liabilities ($1.6B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Strong

7/9

Leonardo DRS, Inc. passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.27x

For every $1 of reported earnings, Leonardo DRS, Inc. generates $1.27 in operating cash flow ($271.0M OCF vs $213.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

14.0x

Leonardo DRS, Inc. earns $14.0 in operating income for every $1 of interest expense ($293.0M vs $21.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

This page shows Leonardo DRS, Inc. (DRS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

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Key Financial Metrics

Revenue

$3.2B

YoY+14.4%

5Y CAGR+3.6%

Leonardo DRS, Inc. generated $3.2B in revenue in fiscal year 2024. This represents an increase of 14.4% from the prior year.

EBITDA

$384.0M

YoY+21.5%

5Y CAGR+12.4%

Leonardo DRS, Inc.'s EBITDA was $384.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 21.5% from the prior year.

Free Cash Flow

$186.0M

YoY+28.3%

5Y CAGR+12.8%

Leonardo DRS, Inc. generated $186.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 28.3% from the prior year.

Net Income

$213.0M

YoY+26.8%

5Y CAGR+23.2%

Leonardo DRS, Inc. reported $213.0M in net income in fiscal year 2024. This represents an increase of 26.8% from the prior year.

EPS (Diluted)

$0.80

YoY+25.0%

5Y CAGR+17.3%

Leonardo DRS, Inc. earned $0.80 per diluted share (EPS) in fiscal year 2024. This represents an increase of 25.0% from the prior year.

Cash & Debt

$598.0M

YoY+28.1%

5Y CAGR+47.7%

Leonardo DRS, Inc. held $598.0M in cash against $366.0M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

265M

YoY+1.0%

Leonardo DRS, Inc. had 265M shares outstanding in fiscal year 2024. This represents an increase of 1.0% from the prior year.

Gross Margin

22.8%

YoY-0.2pp

5Y CAGR+5.8pp

Leonardo DRS, Inc.'s gross margin was 22.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the prior year.

Operating Margin

9.1%

YoY+0.9pp

5Y CAGR+3.0pp

Leonardo DRS, Inc.'s operating margin was 9.1% in fiscal year 2024, reflecting core business profitability. This is up 0.9 percentage points from the prior year.

Net Margin

6.6%

YoY+0.6pp

5Y CAGR+3.8pp

Leonardo DRS, Inc.'s net profit margin was 6.6% in fiscal year 2024, showing the share of revenue converted to profit. This is up 0.6 percentage points from the prior year.

Return on Equity

8.3%

YoY+1.1pp

5Y CAGR+1.0pp

Leonardo DRS, Inc.'s ROE was 8.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 1.1 percentage points from the prior year.

R&D Spending

$92.0M

YoY+12.2%

5Y CAGR+24.3%

Leonardo DRS, Inc. invested $92.0M in research and development in fiscal year 2024. This represents an increase of 12.2% from the prior year.

Share Buybacks

$19.0M

YoY+1800.0%

Leonardo DRS, Inc. spent $19.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 1800.0% from the prior year.

Capital Expenditures

$85.0M

YoY+41.7%

5Y CAGR+9.1%

Leonardo DRS, Inc. invested $85.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 41.7% from the prior year.

DRS Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$3.2B+14.4%	$2.8B+4.9%	$2.7B-6.5%	$2.9B+3.6%	$2.8B+2.4%	$2.7B
Cost of Revenue	$2.5B+14.7%	$2.2B+2.8%	$2.1B-9.2%	$2.3B+2.1%	$2.3B+1.3%	$2.3B
Gross Profit	$736.0M+13.6%	$648.0M+12.7%	$575.0M+5.1%	$547.0M+10.7%	$494.0M+7.6%	$459.0M
R&D Expenses	$92.0M+12.2%	$82.0M+41.4%	$58.0M+20.8%	$48.0M+17.1%	$41.0M+32.3%	$31.0M
SG&A Expenses	$414.0M+7.8%	$384.0M+7.6%	$357.0M+21.8%	$293.0M+3.5%	$283.0M+2.2%	$277.0M
Operating Income	$293.0M+26.8%	$231.0M-58.8%	$561.0M+137.7%	$236.0M+30.4%	$181.0M+11.0%	$163.0M
Interest Expense	$21.0M-41.7%	$36.0M+5.9%	$34.0M-2.9%	$35.0M-45.3%	$64.0M-1.5%	$65.0M
Income Tax	$51.0M+112.5%	$24.0M-80.0%	$120.0M+160.9%	$46.0M+70.4%	$27.0M+35.0%	$20.0M
Net Income	$213.0M+26.8%	$168.0M-58.5%	$405.0M+163.0%	$154.0M+81.2%	$85.0M+13.3%	$75.0M
EPS (Diluted)	$0.80+25.0%	$0.64-66.0%	$1.88+157.5%	$0.73+82.5%	$0.40+11.1%	$0.36

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$960.0M+15.8%	$829.0M+3.8%	$799.0M-18.6%	$981.0M+30.3%	$753.0M+9.4%	$688.0M-25.7%	$926.0M+31.7%	$703.0M
Cost of Revenue	$738.0M+16.8%	$632.0M+2.3%	$618.0M-17.2%	$746.0M+27.7%	$584.0M+9.2%	$535.0M-25.3%	$716.0M+32.3%	$541.0M
Gross Profit	$222.0M+12.7%	$197.0M+8.8%	$181.0M-23.0%	$235.0M+39.1%	$169.0M+10.5%	$153.0M-27.1%	$210.0M+29.6%	$162.0M
R&D Expenses	$36.0M+20.0%	$30.0M+7.1%	$28.0M0.0%	$28.0M+33.3%	$21.0M+5.0%	$20.0M	N/A	N/A
SG&A Expenses	$123.0M+1.7%	$121.0M+3.4%	$117.0M+8.3%	$108.0M+0.9%	$107.0M+5.9%	$101.0M+3.1%	$98.0M+2.1%	$96.0M
Operating Income	$93.0M+32.9%	$70.0M+18.6%	$59.0M-50.8%	$120.0M+118.2%	$55.0M+27.9%	$43.0M-59.0%	$105.0M+78.0%	$59.0M
Interest Expense	N/A	N/A	$1.0M-75.0%	$4.0M-42.9%	$7.0M+40.0%	$5.0M-44.4%	$9.0M-10.0%	$10.0M
Income Tax	$15.0M+15.4%	$13.0M+62.5%	$8.0M-63.6%	$22.0M+144.4%	$9.0M+12.5%	$8.0M-61.9%	$21.0M+2000.0%	$1.0M
Net Income	$72.0M+33.3%	$54.0M+8.0%	$50.0M-43.8%	$89.0M+134.2%	$38.0M+31.0%	$29.0M-60.8%	$74.0M+57.4%	$47.0M
EPS (Diluted)	$0.26+30.0%	$0.20+5.3%	$0.19-44.1%	$0.34+142.9%	$0.14+27.3%	$0.11-60.7%	$0.28+55.6%	$0.18

DRS Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$4.2B+6.7%	$3.9B+6.6%	$3.7B+19.8%	$3.1B+3.8%	$3.0B	N/A
Current Assets	$2.2B+12.8%	$1.9B+12.4%	$1.7B+22.9%	$1.4B+10.0%	$1.3B	N/A
Cash & Equivalents	$598.0M+28.1%	$467.0M+52.6%	$306.0M+27.5%	$240.0M+293.4%	$61.0M-28.2%	$85.0M
Inventory	$358.0M+8.8%	$329.0M+3.1%	$319.0M+55.6%	$205.0M-17.0%	$247.0M	N/A
Accounts Receivable	$253.0M+67.5%	$151.0M-9.0%	$166.0M+6.4%	$156.0M+52.9%	$102.0M	N/A
Goodwill	$1.2B0.0%	$1.2B+0.2%	$1.2B+15.4%	$1.1B+1.3%	$1.1B0.0%	$1.1B
Total Liabilities	$1.6B+1.9%	$1.6B+3.0%	$1.6B+5.0%	$1.5B-3.5%	$1.5B	N/A
Current Liabilities	$1.1B+3.5%	$1.1B+3.5%	$1.0B+5.4%	$989.0M+1.4%	$975.0M	N/A
Long-Term Debt	$366.0M-10.1%	$407.0M+2.8%	$396.0M+0.8%	$393.0M+5.1%	$374.0M	N/A
Total Equity	$2.6B+10.0%	$2.3B+9.3%	$2.1B+33.5%	$1.6B+11.6%	$1.4B+40.0%	$1.0B
Retained Earnings	-$2.6B+7.6%	-$2.8B+5.6%	-$3.0B+0.3%	-$3.0B+4.9%	-$3.1B	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$4.2B+4.1%	$4.1B-0.4%	$4.1B-2.1%	$4.2B+9.6%	$3.8B+1.0%	$3.8B-3.6%	$3.9B+5.6%	$3.7B
Current Assets	$2.2B+7.0%	$2.0B-2.2%	$2.1B-4.3%	$2.2B+19.8%	$1.8B+1.9%	$1.8B-7.6%	$1.9B+10.2%	$1.7B
Cash & Equivalents	$309.0M+11.2%	$278.0M-26.8%	$380.0M-36.5%	$598.0M+301.3%	$149.0M-6.9%	$160.0M-65.7%	$467.0M+893.6%	$47.0M
Inventory	$404.0M+1.0%	$400.0M+3.9%	$385.0M+7.5%	$358.0M-2.5%	$367.0M+7.3%	$342.0M+4.0%	$329.0M-14.1%	$383.0M
Accounts Receivable	$327.0M+23.4%	$265.0M+4.3%	$254.0M+0.4%	$253.0M+34.6%	$188.0M-3.1%	$194.0M+28.5%	$151.0M-24.5%	$200.0M
Goodwill	$1.2B0.0%	$1.2B0.0%	$1.2B0.0%	$1.2B0.0%	$1.2B0.0%	$1.2B0.0%	$1.2B+0.2%	$1.2B
Total Liabilities	$1.6B+8.0%	$1.5B-3.0%	$1.5B-6.3%	$1.6B+15.1%	$1.4B-0.9%	$1.4B-10.7%	$1.6B+8.5%	$1.5B
Current Liabilities	$1.1B+12.9%	$958.0M-6.7%	$1.0B-8.0%	$1.1B+24.6%	$896.0M-0.7%	$902.0M-16.3%	$1.1B+13.4%	$951.0M
Long-Term Debt	$326.0M-1.5%	$331.0M-1.2%	$335.0M-8.5%	$366.0M+4.3%	$351.0M-1.4%	$356.0M-12.5%	$407.0M+16.0%	$351.0M
Total Equity	$2.6B+1.8%	$2.6B+1.1%	$2.6B+0.5%	$2.6B+6.3%	$2.4B+2.2%	$2.4B+1.3%	$2.3B+3.7%	$2.2B
Retained Earnings	-$2.4B+2.9%	-$2.5B+2.1%	-$2.5B+1.9%	-$2.6B+5.3%	-$2.7B+1.4%	-$2.8B+1.0%	-$2.8B+2.6%	-$2.9B

DRS Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$271.0M+32.2%	$205.0M+521.2%	$33.0M-81.5%	$178.0M+42.4%	$125.0M-20.4%	$157.0M
Capital Expenditures	$85.0M+41.7%	$60.0M-7.7%	$65.0M+8.3%	$60.0M+7.1%	$56.0M+1.8%	$55.0M
Free Cash Flow	$186.0M+28.3%	$145.0M+553.1%	-$32.0M-127.1%	$118.0M+71.0%	$69.0M-32.4%	$102.0M
Investing Cash Flow	-$84.0M-42.4%	-$59.0M-113.5%	$436.0M+1017.9%	$39.0M+155.7%	-$70.0M+53.6%	-$151.0M
Financing Cash Flow	-$56.0M-473.3%	$15.0M+103.7%	-$403.0M-960.5%	-$38.0M+52.5%	-$80.0M-7900.0%	-$1.0M
Dividends Paid	$0	$0-100.0%	$396.0M	$0	$0	N/A
Share Buybacks	$19.0M+1800.0%	$1.0M	$0	$0	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$107.0M+482.1%	-$28.0M+79.7%	-$138.0M-131.2%	$443.0M+1202.9%	$34.0M+112.8%	-$265.0M-151.5%	$515.0M+1330.6%	$36.0M
Capital Expenditures	$30.0M+7.1%	$28.0M-12.5%	$32.0M+10.3%	$29.0M-14.7%	$34.0M+240.0%	$10.0M-44.4%	$18.0M+20.0%	$15.0M
Free Cash Flow	$77.0M+237.5%	-$56.0M+67.1%	-$170.0M-141.1%	$414.0M	$0+100.0%	-$275.0M-155.3%	$497.0M+2266.7%	$21.0M
Investing Cash Flow	-$45.0M-60.7%	-$28.0M+12.5%	-$32.0M-10.3%	-$29.0M+14.7%	-$34.0M-240.0%	-$10.0M+41.2%	-$17.0M-6.3%	-$16.0M
Financing Cash Flow	-$31.0M+32.6%	-$46.0M+4.2%	-$48.0M-242.9%	-$14.0M-27.3%	-$11.0M+65.6%	-$32.0M+59.0%	-$78.0M-875.0%	-$8.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	$0	N/A
Share Buybacks	$10.0M-9.1%	$11.0M+266.7%	$3.0M-84.2%	$19.0M	$0	$0	$0	$0

DRS Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	22.8%-0.2pp	22.9%+1.6pp	21.3%+2.3pp	19.0%+1.2pp	17.8%+0.9pp	16.9%
Operating Margin	9.1%+0.9pp	8.2%-12.7pp	20.8%+12.6pp	8.2%+1.7pp	6.5%+0.5pp	6.0%
Net Margin	6.6%+0.6pp	5.9%-9.1pp	15.0%+9.7pp	5.3%+2.3pp	3.1%+0.3pp	2.8%
Return on Equity	8.3%+1.1pp	7.2%-11.8pp	19.0%+9.4pp	9.7%+3.7pp	6.0%-1.4pp	7.4%
Return on Assets	5.1%+0.8pp	4.3%-6.7pp	11.0%+6.0pp	5.0%+2.1pp	2.9%	N/A
Current Ratio	1.94+0.2	1.78+0.1	1.64+0.2	1.40+0.1	1.30	N/A
Debt-to-Equity	0.14-0.0	0.18-0.0	0.19-0.1	0.25-0.0	0.26	N/A
FCF Margin	5.8%+0.6pp	5.1%+6.3pp	-1.2%-5.3pp	4.1%+1.6pp	2.5%-1.3pp	3.8%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	23.1%-0.6pp	23.8%+1.1pp	22.7%-1.3pp	24.0%+1.5pp	22.4%+0.2pp	22.2%-0.4pp	22.7%-0.4pp	23.0%
Operating Margin	9.7%+1.2pp	8.4%+1.1pp	7.4%-4.9pp	12.2%+4.9pp	7.3%+1.0pp	6.3%-5.1pp	11.3%+2.9pp	8.4%
Net Margin	7.5%+1.0pp	6.5%+0.3pp	6.3%-2.8pp	9.1%+4.0pp	5.1%+0.8pp	4.2%-3.8pp	8.0%+1.3pp	6.7%
Return on Equity	2.7%+0.6pp	2.1%+0.1pp	1.9%-1.5pp	3.5%+1.9pp	1.6%+0.4pp	1.2%-2.0pp	3.2%+1.1pp	2.1%
Return on Assets	1.7%+0.4pp	1.3%+0.1pp	1.2%-0.9pp	2.1%+1.1pp	1.0%+0.2pp	0.8%-1.1pp	1.9%+0.6pp	1.3%
Current Ratio	2.00-0.1	2.11+0.1	2.02+0.1	1.94-0.1	2.01+0.1	1.96+0.2	1.78-0.1	1.83
Debt-to-Equity	0.120.0	0.130.0	0.13-0.0	0.140.0	0.150.0	0.15-0.0	0.18+0.0	0.16
FCF Margin	8.0%+14.8pp	-6.8%+14.5pp	-21.3%-63.5pp	42.2%+42.2pp	0.0%+40.0pp	-40.0%-93.6pp	53.7%+50.7pp	3.0%

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Frequently Asked Questions

What is Leonardo DRS, Inc.'s annual revenue?

Leonardo DRS, Inc. (DRS) reported $3.2B in total revenue for fiscal year 2024. This represents a 14.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Leonardo DRS, Inc.'s revenue growing?

Leonardo DRS, Inc. (DRS) revenue grew by 14.4% year-over-year, from $2.8B to $3.2B in fiscal year 2024.

Is Leonardo DRS, Inc. profitable?

Yes, Leonardo DRS, Inc. (DRS) reported a net income of $213.0M in fiscal year 2024, with a net profit margin of 6.6%.

What is Leonardo DRS, Inc.'s earnings per share (EPS)?

Leonardo DRS, Inc. (DRS) reported diluted earnings per share of $0.80 for fiscal year 2024. This represents a 25.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Leonardo DRS, Inc.'s EBITDA?

Leonardo DRS, Inc. (DRS) had EBITDA of $384.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Leonardo DRS, Inc. have?

As of fiscal year 2024, Leonardo DRS, Inc. (DRS) had $598.0M in cash and equivalents against $366.0M in long-term debt.

What is Leonardo DRS, Inc.'s gross margin?

Leonardo DRS, Inc. (DRS) had a gross margin of 22.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Leonardo DRS, Inc.'s operating margin?

Leonardo DRS, Inc. (DRS) had an operating margin of 9.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Leonardo DRS, Inc.'s net profit margin?

Leonardo DRS, Inc. (DRS) had a net profit margin of 6.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Leonardo DRS, Inc.'s return on equity (ROE)?

Leonardo DRS, Inc. (DRS) has a return on equity of 8.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Leonardo DRS, Inc.'s free cash flow?

Leonardo DRS, Inc. (DRS) generated $186.0M in free cash flow during fiscal year 2024. This represents a 28.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Leonardo DRS, Inc.'s operating cash flow?

Leonardo DRS, Inc. (DRS) generated $271.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Leonardo DRS, Inc.'s total assets?

Leonardo DRS, Inc. (DRS) had $4.2B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Leonardo DRS, Inc.'s capital expenditures?

Leonardo DRS, Inc. (DRS) invested $85.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Leonardo DRS, Inc. spend on research and development?

Leonardo DRS, Inc. (DRS) invested $92.0M in research and development during fiscal year 2024.

Does Leonardo DRS, Inc. buy back shares?

Yes, Leonardo DRS, Inc. (DRS) spent $19.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Leonardo DRS, Inc. have outstanding?

Leonardo DRS, Inc. (DRS) had 265M shares outstanding as of fiscal year 2024.

What is Leonardo DRS, Inc.'s current ratio?

Leonardo DRS, Inc. (DRS) had a current ratio of 1.94 as of fiscal year 2024, which is generally considered healthy.

What is Leonardo DRS, Inc.'s debt-to-equity ratio?

Leonardo DRS, Inc. (DRS) had a debt-to-equity ratio of 0.14 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Leonardo DRS, Inc.'s return on assets (ROA)?

Leonardo DRS, Inc. (DRS) had a return on assets of 5.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Leonardo DRS, Inc.'s Altman Z-Score?

Leonardo DRS, Inc. (DRS) has an Altman Z-Score of 4.18, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Leonardo DRS, Inc.'s Piotroski F-Score?

Leonardo DRS, Inc. (DRS) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Leonardo DRS, Inc.'s earnings high quality?

Leonardo DRS, Inc. (DRS) has an earnings quality ratio of 1.27x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Leonardo DRS, Inc. cover its interest payments?

Leonardo DRS, Inc. (DRS) has an interest coverage ratio of 14.0x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Leonardo DRS, Inc.?

Leonardo DRS, Inc. (DRS) scores 56 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.