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Wednesday 4 November 2026 Export DRS’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Leonardo DRS, Inc. (DRS) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, Leonardo DRS, Inc. (DRS) trades at a P/B ratio of 3.6×. Over the past ten years it has ranged from 0.4× (December 2015) to 21.6× (April 2022); the current reading is higher than 60% of that period. That is above the Aerospace & Defense industry median of 3.0× and above the Industrials sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 3.3× (0.35%)
FY2024 3.3× 50.23%
FY2023 2.2× 80.75%
FY2022 1.2× (1.18%)
FY2021 1.2× (78.82%)
FY2020 5.9× 22.67%
FY2019 4.8× 133.71%
FY2018 2.0× (22.60%)
FY2017 2.6× 68.89%
FY2016 1.6× 147.64%

Quarterly newest first

Period P/B ratio Change
Sep 2026 3.4× (16.74%)
Jun 2026 4.1× (4.96%)
Mar 2026 4.3× 28.71%
Dec 2025 3.3× (27.25%)
43 more quarters

Against its own ten years

Low 0.4× High 21.6×
Ten-year median 3.1×
Current reading's percentile 61

P/B ratio against peers

Company P/B ratio
TXT Textron Inc. compare 1.9×
KTOS Kratos Defense & Security Solutions, Inc. compare 2.3×
HII Huntington Ingalls Industries, Inc. compare 2.3×
SARO StandardAero, Inc. compare 3.0×
EMBJ Embraer-Empresa Brasileira de Aeronautica compare 3.5×
DRS Leonardo DRS, Inc. 3.6×
MOG.A Moog Inc. compare 5.2×
LOAR Loar Holdings Inc. compare 5.3×
BWXT BWX Technologies, Inc. compare 8.5×
Aerospace & Defense industry median 3.0×
Industrials sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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