Stocks · Industrials · Aerospace & Defense
Leonardo DRS, Inc. DRS
$36.80 +0.11% Close, Oct 2, 2026 · NASDAQ · Market cap $9.82B
High qualityLow risk
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 15 quarters (average surprise over the last four: +17.3%).
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- Diluted EPS over the last four quarters was $1.20, up 29.0% year over year.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth74Positive
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 40%
- EPS growth (TTM, YoY)Top 30%
- FCF growth (TTM, YoY)Top 24%
- Revenue growth, 3-year CAGRTop 28%
- Revenue growth accelerationBottom 33%
Quality84Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 24%
- Gross marginBottom 41%
- Operating marginTop 36%
- Cash conversion (OCF / net income)Top 46%
- Accruals (lower is better)Top 49%
- Net debt / EBITDA (lower is better)Top 20%
- Interest coverTop 5%
Value53Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 40%
- Free-cash-flow yieldTop 45%
- EBITDA / enterprise valueBottom 41%
- Sales / enterprise valueBottom 42%
- P/E vs own 5-year history (lower is better)Top 41%
Momentum21Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 23%
- 6-month returnBottom 19%
- 1-year return vs S&P 500Bottom 28%
- Distance from 52-week highBottom 45%
- Trend checklist (0–4)Bottom 15%
Revisions97Exceptional
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 24%
- Consecutive EPS beatsTop 1%
- Share of analysts rating BuyTop 18%
- Upside to consensus price targetTop 35%
Stability89Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 18%
- Maximum drawdown, 3 yearsTop 17%
- Beta vs S&P 500 (lower is better)Top 46%
- Net debt / EBITDA (lower is better)Top 20%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 10.5% | 10.5% | ↑ |
| EPS growth (YoY) | 24.1% | 29.0% | ↑ |
| Gross margin | 23.2% | 24.9% | ↑ |
| Operating margin | 9.5% | 10.5% | ↑ |
| FCF margin | 6.9% | 9.6% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 10.5% | 10.5% | ↑ | Top 40% |
| EPS growth (TTM, YoY) | 29.0% | 24.1% | ↑ | Top 30% |
| Gross margin | 24.9% | 23.2% | ↑ | Bottom 41% |
| Operating margin | 10.5% | 9.5% | ↑ | Top 36% |
| Net margin | 8.5% | 7.3% | ↑ | — |
| Free-cash-flow margin | 9.6% | 6.9% | ↑ | — |
| Return on invested capital | 10.4% | — | Top 24% | |
| Revenue growth, 3-year CAGR | 10.6% | — | Top 28% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.56×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.7%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -85.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -0.01×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 79.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.15%
- Net buyback yield (TTM)
- 0.26%
- Shareholder yield
- 1.42%
- Share count change, 1 year
- +0.0%
- Share count change, 3-year CAGR
- +0.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 15
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +17.3%
- Average 2-day reaction, last 8
- +2.9%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $52.50
- Target vs current price
- +42.7%
- Analysts with a rating
- 9
- Share rating Buy or Strong Buy
- 78%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +28.3% | -2.0% | -4.1% | -17.1% | — |
| May 5, 2026 | +23.8% | -0.7% | +3.7% | +18.5% | +14.0% |
| Feb 24, 2026 | +13.5% | +14.9% | +19.3% | +16.4% | +12.2% |
| Oct 29, 2025 | +3.6% | -4.4% | -10.0% | -15.9% | +1.1% |
| Jul 30, 2025 | +4.5% | -10.3% | -13.9% | -13.0% | -17.1% |
| May 1, 2025 | +21.1% | +8.8% | +12.4% | +13.0% | +30.1% |
| Feb 20, 2025 | +5.6% | +5.6% | +1.2% | +18.3% | +38.7% |
| Oct 30, 2024 | +20.0% | +11.4% | +16.3% | +22.8% | +26.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $0.35 | $0.27 | +28.3% | $913.0M |
| May 5, 2026 | $0.26 | $0.21 | +23.8% | $846.0M |
| Feb 24, 2026 | $0.42 | $0.37 | +13.5% | $1.06B |
| Oct 29, 2025 | $0.29 | $0.28 | +3.6% | $960.0M |
| Jul 30, 2025 | $0.23 | $0.22 | +4.5% | $829.0M |
| May 1, 2025 | $0.20 | $0.17 | +21.1% | $799.0M |
| Feb 20, 2025 | $0.38 | $0.36 | +5.6% | $981.0M |
| Oct 30, 2024 | $0.24 | $0.20 | +20.0% | $812.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 30.7× | 31.3× | 48th | Top 40% |
| P/E (forward) | 26.7× | — | — | — |
| EV / EBITDA | 20.6× | — | — | Bottom 41% |
| EV / Sales | 2.60× | — | — | Bottom 42% |
| Free-cash-flow yield | 3.70% | — | — | Top 45% |
| Earnings yield | 3.26% | — | — | Top 40% |
P/E over the past five years
Range 3.9× – 46.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -17.5%
- Earnings per share growth (TTM)
- +29.0%
- Change in P/E multiple
- -18.2%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -6.8%
- 200-day average slope (20 days)
- +0.7%
- Distance from 50-day average
- -9.3%
- Distance from 200-day average
- -12.8%
- RSI (14)
- 38.8
- Relative volume
- 0.66×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 28.7%
- Volatility vs own 5-year history
- 7th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.01
- Correlation with S&P 500
- 0.36
- Current drawdown from 1-year high
- -25.9%
- Maximum drawdown, 3 years
- -32.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 25, 2022 | Jul 6, 2022 | -52.8% | 69 days | 233 days (Jun 8, 2023) |
| Feb 22, 2021 | Dec 16, 2021 | -41.2% | 208 days | 68 days (Mar 25, 2022) |
| Jul 25, 2025 | Dec 17, 2025 | -32.8% | 101 days | 111 days (May 29, 2026) |
| Jun 11, 2026 | Sep 14, 2026 | -27.7% | 64 days | Not yet recovered |
| Jan 23, 2025 | Feb 21, 2025 | -22.9% | 20 days | 48 days (May 1, 2025) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $9.82B
- P/E (TTM)
- 30.7
- EPS, diluted (TTM)
- $1.20
- Revenue (TTM)
- $3.78B
- Dividend yield
- 0.98%
- 52-week range
- $32.43 – $50.59
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.88B | $2.69B | $2.83B | $3.23B | $3.65B |
| Gross profit | $547.0M | $575.0M | $648.0M | $736.0M | $869.0M |
| Operating income | $236.0M | $561.0M | $231.0M | $293.0M | $348.0M |
| Net income | $154.0M | $405.0M | $168.0M | $213.0M | $278.0M |
| EPS (diluted) | $1.06 | $1.88 | $0.64 | $0.80 | $1.03 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $812.0M | $981.0M | $799.0M | $829.0M | $960.0M | $1.06B | $846.0M | $913.0M |
| Net income | $57.0M | $89.0M | $50.0M | $54.0M | $72.0M | $102.0M | $62.0M | $86.0M |
| EPS (diluted) | $0.21 | $0.33 | $0.19 | $0.20 | $0.27 | $0.38 | $0.23 | $0.32 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $178.0M | $33.0M | $205.0M | $271.0M | $366.0M |
| Capital expenditure | -$60.0M | -$65.0M | -$60.0M | -$85.0M | -$139.0M |
| Free cash flow | $118.0M | -$32.0M | $145.0M | $186.0M | $227.0M |
| Dividends paid | $0 | -$396.0M | $0 | $0 | -$96.0M |
| Net share buybacks | $0 | $0 | $11.0M | -$3.0M | -$26.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $270.0M
- Total assets
- $4.20B
- Total liabilities
- $1.39B
- Total debt
- $267.0M
- Net debt
- -$3.0M
- Shareholders’ equity
- $2.80B
As of Jun 30, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 13, 2026 | $0.09 | Aug 27, 2026 |
| May 19, 2026 | $0.09 | Jun 2, 2026 |
| Mar 10, 2026 | $0.09 | Mar 24, 2026 |
| Nov 18, 2025 | $0.09 | Dec 2, 2025 |
| Aug 20, 2025 | $0.09 | Sep 3, 2025 |
| May 22, 2025 | $0.09 | Jun 5, 2025 |
| Mar 13, 2025 | $0.09 | Mar 27, 2025 |
Short interest
- Shares sold short
- 3,398,529
- Days to cover
- 4.44
- Change vs previous report
- +8.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Sep 14, 2016
- 1-for-2
- Feb 14, 2007
- 1-for-3
- Apr 4, 2001
- 2-for-5
- Oct 23, 1990
- 2-for-5