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    Leonardo DRS, Inc. Common Stock (DRS)

    Official site

    INDUSTRIALS • AEROSPACE & DEFENSE • NASDAQ

    $35.47
    +0.53 (+1.52%)

    Market Cap: $9.45B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    88%(28/32)
    Avg Surprise
    +97.36%
    Streak
    16 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.35
    Range$0.33 - $0.37
    11 analysts
    EPS Revisions
    5
    0
    7d
    5
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.34+2.6%
    60d ago$0.35-0.6%
    30d ago$0.350.0%
    7d ago$0.350.0%
    Current$0.35
    Revenue Consensus
    $1.0B
    Range$1.0B - $1.0B
    10 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.55
    Range$0.47 - $0.57
    11 analysts
    Revenue Consensus
    $1.2B
    Range$1.2B - $1.2B
    11 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.55---
    Sep 26EST
    		-$0.35---
    Jun 26
    Reported Jul 30
    		$0.35$0.27+29.63%Beat+52.2%
    Mar 26
    Reported May 5
    		$0.26$0.20+30.00%Beat+30.0%
    Dec 25
    Reported Feb 24
    		$0.42$0.37+13.24%Beat+10.5%
    Sep 25
    Reported Oct 29
    		$0.29$0.28+3.57%Beat+20.8%
    Jun 25
    Reported Jul 30
    		$0.23$0.21+9.52%Beat+27.8%
    Mar 25
    Reported May 1
    		$0.20$0.17+17.65%Beat+42.9%
    Dec 24
    Reported Feb 20
    		$0.38$0.35+7.62%Beat+22.6%
    Sep 24
    Reported Oct 30
    		$0.24$0.19+26.32%Beat+20.0%
    Jun 24
    Reported Jul 30
    		$0.18$0.14+28.57%Beat+20.0%
    Mar 24
    Reported May 1
    		$0.14$0.12+16.67%Beat+100.0%
    Dec 23
    Reported Feb 27
    		$0.31$0.30+3.33%Beat-11.4%
    Sep 23
    Reported Nov 2
    		$0.20$0.16+25.00%Beat-89.6%
    Jun 23
    Reported Aug 2
    		$0.15$0.11+36.36%Beat+266.7%
    Mar 23
    Reported May 3
    		$0.07$0.06+16.67%Beat+800.0%
    Dec 22
    Reported Mar 28
    		$0.35$0.28+25.00%Beat+250.0%
    Sep 22
    Reported Nov 7
    		$1.92$0.09+2037.89%Beat+1503.4%
    Jun 22
    Reported Aug 17
    		$-0.09$0.06-250.00%Miss-145.0%
    Mar 22
    Reported May 10
    		$-0.01N/A-108.33%Miss-112.5%
    Dec 21
    Reported Feb 9
    		$0.10$0.12-16.67%Miss+66.7%
    Sep 21
    Reported Nov 3
    		$0.12$0.11+9.09%Beat+140.0%
    Jun 21
    Reported Aug 2
    		$0.20$0.09+122.22%Beat+900.0%
    Mar 21
    Reported May 11
    		$0.08$0.07+14.29%Beat+19.8%
    Dec 20
    Reported Feb 10
    		$0.06$0.06+0.00%Beat+700.0%
    Sep 20
    Reported Nov 10
    		$0.05$0.02+150.00%Beat+350.0%
    Jun 20
    Reported Aug 11
    		$0.02$0.01+100.00%Beat+300.0%
    Mar 20
    Reported May 19
    		$0.07$-0.01+768.00%Beat+768.0%
    Dec 19
    Reported Mar 10
    		$-0.01$-0.01+0.00%Beat-
    Sep 19
    Reported Nov 19
    		$-0.02$-0.02+0.00%Beat-
    Jun 19
    Reported Aug 21
    		$-0.01$-0.01+0.00%Beat-
    Mar 19
    Reported May 21
    		$-0.01$-0.01+0.00%Beat-200.0%
    Dec 18
    Reported Mar 20
    		$0.00N/A-100.00%Miss-
    Sep 18
    Reported Nov 14
    		$0.00N/A+100.00%Beat-100.0%
    Jun 18
    Reported Aug 15
    		$0.00$0.00N/ABeat-100.0%
    Mar 18
    Reported May 23
    		$0.01$0.00N/ABeat-50.0%
    Dec 17
    Reported Mar 7
    		$0.00$0.00N/ABeat-
    Sep 17
    Reported Nov 28
    		$0.03$0.00N/ABeat-
    Jun 17
    Reported Aug 10
    		$0.02$0.00N/ABeat-
    Mar 17
    Reported May 24
    		$0.02$0.00N/ABeat-

    Dividends

    Dividend Metrics

    Forward Yield1.01%
    Forward Annual Dividend$0.36
    Payout Ratio19.18%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Aug, Dec

    Key Metrics

    Valuation
    P/E Ratio26.87EV/EBITDA19.15x
    Price/FCF26.08xFCF Yield3.83%
    Profitability
    Profit Margin8.52%Operating Margin11.20%
    ROE11.90%ROIC10.99%
    Financial Health
    Debt/Equity0.05xInterest CoverageN/A
    Current Ratio1.92xQuick Ratio1.56x
    Trading Statistics
    Beta0.16Avg Volume1.04M
    52-Week High$50.4952-Week Low$32.24

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$35.93
    SMA 20$36.52
    SMA 50$38.62
    SMA 200$42.19
    EMA 10$35.81
    EMA 20$36.39
    EMA 50$38.36
    EMA 200$41.01

    MACD

    Line: -0.85Signal: -0.86Hist: 0.01

    ADX

    ADX: 33.5+DI: 12.6-DI: 27.9

    Aroon & PSAR

    Aroon Up28.0
    Aroon Down100.0
    PSAR$36.66

    Bollinger Bands

    Upper Band$38.17
    Lower Band$34.88
    %B Position900%(Upper)
    Band Width0.18

    RSI (14-Day)

    Neutral
    36.7

    Momentum Oscillators

    Stoch %K19.1
    Stoch %D17.7
    Williams %R-66.9
    ROC (10d)-3.5%
    Momentum-1.29
    CCI (20d)-135.1
    MFI (14d)30.2

    Volatility Measures

    ATR (14d)$0.97(2.7%)
    StdDev (20d)0.82
    Hist Vol19.3%(Low)

    Volume Flow

    VWAP$35.24
    OBV13.3M
    AD Line-148.9M
    CMF (20d)-0.021

    Volume Metrics

    Avg Vol (20d)1.0M
    Vol Ratio1.2x
    VWMA (20d)$36.55

    Pivot Points

    R3$36.56
    R2$36.18
    R1$35.56
    Pivot Point$35.17
    S1$34.55
    S2$34.17
    S3$33.55

    Advanced Oscillators

    TSI-30.11
    Ultimate Osc42.5
    KST-56.92

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$913.00M$846.00M$1.06B$960.00M$829.00M$799.00M$981.00M$812.00M$753.00M$688.00M$926.00M$703.00M
    Cost of Revenue$676.00M$634.00M$791.00M$738.00M$632.00M$618.00M$746.00M$633.00M$584.00M$535.00M$716.00M$541.00M
    Gross Profit$237.00M$212.00M$269.00M$222.00M$197.00M$181.00M$235.00M$179.00M$169.00M$153.00M$210.00M$162.00M
    Operating Expenses$135.00M$135.00M$143.00M$129.00M$127.00M$122.00M$115.00M$104.00M$114.00M$110.00M$105.00M$103.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$129.00M$130.00M$136.00M$123.00M$121.00M$117.00M$108.00M$98.00M$107.00M$101.00M$98.00M$96.00M
    Operating Income$102.00M$77.00M$126.00M$93.00M$70.00M$59.00M$120.00M$75.00M$55.00M$43.00M$105.00M$59.00M
    Interest Income$2.00M$0$0$-4,000,000$-2,000,000$-1,000,000$0$-5,000,000$-7,000,000$0$0$0
    Interest Expense$2.00M$0$2.00M$6.00M$3.00M$1.00M$9.00M$6.00M$8.00M$5.00M$10.00M$10.00M
    Income Before Tax$100.00M$77.00M$124.00M$87.00M$67.00M$58.00M$111.00M$69.00M$47.00M$37.00M$95.00M$48.00M
    Income Tax Expense$14.00M$15.00M$22.00M$15.00M$13.00M$8.00M$22.00M$12.00M$9.00M$8.00M$21.00M$1.00M
    Net Income$86.00M$62.00M$102.00M$72.00M$54.00M$50.00M$89.00M$57.00M$38.00M$29.00M$74.00M$47.00M
    EBITDA$124.00M$101.00M$149.00M$114.00M$92.00M$82.00M$138.00M$97.00M$77.00M$64.00M$126.00M$79.00M
    EBIT$98.00M$77.00M$125.00M$91.00M$69.00M$59.00M$115.00M$74.00M$54.00M$42.00M$104.00M$58.00M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $214886
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    1
    New Awards (TTM)
    1
    Avg Remaining Term
    14.6 mo

    Top agency: Federal Communications Commission at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    273FCC26P0067Federal Communications CommissionFederal Communications Commission$214886Sep 30, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Sep 30, 2026.

    News

    Leonardo DRS wins 10-year NASA SEWP VI procurement contract

    Leonardo DRS has secured a 10-year prime contract under NASA's Solutions for Enterprise-Wide Procurement (SEWP) VI program, allowing federal agencies to purchase its defense electronics, computing products...

    Military Aerospace•10/16/26•Bullish

    Morgan Stanley Adjusts Leonardo DRS Price Target to $44 From $47

    Morgan Stanley has revised its price target for Leonardo DRS (DRS) to $44, down from the previous $47. Despite this adjustment, Leonardo DRS maintains an average "buy" rating among analysts...

    Yahoo Finance•10/16/26•Neutral

    Leonardo DRS STAG-5 EO/IR Gimbal with Laser Target Designator supports precision fires demonstration during Iron Sting event

    Leonardo DRS announced that its STAG-5 EO/IR Gimbal with Laser Target Designator supported a precision fires demonstration during the Iron Sting Precision Mortar Validation Event. The demonstration highlighted...

    EDR Magazine - European Defence Review•10/15/26•Bullish

    Leonardo DRS Awarded JIATF-401 IDIQ Contract to Accelerate

    Leonardo DRS, Inc. announced it has been awarded a $500 million ceiling indefinite-delivery/indefinite-quantity (IDIQ) contract with a three-year performance period from the Joint Interagency Task Force 401 (JIATF-401)....

    GlobeNewswire•10/15/26•Neutral

    Leonardo DRS awarded USD500 million JIATF-401 counter-UAS contract

    Leonardo DRS has secured a USD500 million indefinite-delivery/indefinite-quantity (IDIQ) contract from the US Joint Interagency Task Force 401 (JIATF-401) to provide counter-unmanned aircraft systems (C-UAS)...

    Unmanned airspace•10/15/26•Bullish

    DRS Valuation and Fair Value

    P/E
    26.9x
    Forward P/E
    30.9x
    EV/EBITDA
    19.2x
    P/FCF
    26.1x
    P/B
    3.4x
    See GNG's fair value

    DRS Profitability: Margins, ROIC and FCF

    Gross margin
    24.9%
    Operating margin
    11.2%
    Net margin
    8.5%
    ROIC
    11.0%
    ROE
    11.9%
    FCF margin
    9.6%
    FCF yield
    3.8%

    DRS Competitors

    CompanyTicker
    Toro CoTTC
    TFI International IncTFII
    Advanced Drainage Systems IncWMS
    Ryder System IncR
    U-Haul Holding CompanyUHAL-B
    Saia IncSAIA
    Flowserve CorporationFLS
    Chart Industries IncGTLS

    Sector: Industrials

    DRS Analyst Ratings

    Consensus
    Buy
    Analysts
    11
    Strong Buy
    1
    Buy
    8
    Hold
    2
    Sell
    0
    Strong Sell
    0

    DRS Bull Case vs Bear Case

    Bull case

    • DRS beat EPS estimates in 100.0% of its last 8 reported quarters.
    • DRS grew quarterly revenue 10.1% year over year.
    • 81.8% of DRS's analyst ratings are Buy or Strong Buy.

    DRS Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    17.2%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.35
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    5 up, 1 down

    DRS Dividend

    Forward yield
    1.0%
    Payout ratio
    19.2%
    Pay months
    Mar, Jun, Aug, Dec

    Frequently Asked Questions About DRS

    What is DRS's current dividend yield?

    Leonardo DRS, Inc. Common Stock (DRS) has a forward dividend yield of 1.01%.

    Does DRS pay dividends?

    Yes, Leonardo DRS, Inc. Common Stock pays dividends with a forward dividend yield of 1.01%.

    What is DRS's P/E ratio?

    Leonardo DRS, Inc. Common Stock has a price-to-earnings (P/E) ratio of 26.87.

    What is DRS's market cap?

    Leonardo DRS, Inc. Common Stock (DRS) has a market capitalization of $9.45B with a current stock price of $35.47.

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