Leonardo DRS, Inc.

DRS Industrials Aerospace & Defense

Leonardo DRS, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.6 billion, up 12.8% from fiscal 2024.

Revenue
+11.0%
EPS
+59.6%
Free cash flow
−24.7%
Total debt
−50.0%

Quarter to September 2026, against a year earlier

35.43 3.43 −8.83%
Market cap
$10.4B
P/E
28.0×
Fwd P/E
26.7×
Dividend yield
—
F-score
7/9
Altman Z
3.74
Beneish M
−2.33
Dividend safety
70/100

Leonardo DRS, Inc. (DRS) Gross margin

Alert me on Gross margin

Leonardo DRS, Inc.'s gross margin over the twelve months to 30 September 2026 was 25.3%, up 1.4 percentage points from fiscal 2025 (23.8%). Over the past ten years it has ranged from 11.3% (fiscal 2016) to 37.2% (fiscal 2020); the current reading is higher than 64% of that period. That is in line with the Aerospace & Defense industry median of 26.0% and below the Industrials sector median of 30.7%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 23.8% 1.06
FY2024 22.8% (0.17)
FY2023 22.9% 1.58
FY2022 21.4% 2.35
FY2021 19.0% (18.18)
FY2020 37.2% 1.23
FY2019 36.0% (0.49)
FY2018 36.4% 4.88
FY2017 31.6% 20.31
FY2016 11.3% (5.87)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 24.7% (1.29)
Jun 2026 26.0% 0.90
Mar 2026 25.1% (0.32)
Dec 2025 25.4% 2.25
43 more quarters

Against its own ten years

Low 11.3% High 37.2%
Ten-year median 22.9%
Current reading's percentile 60

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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