Leonardo DRS, Inc. (DRS) is a publicly traded company in the Industrials — Aerospace & Defense industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Established in Arlington, Virginia, in 1969, Leonardo DRS, Inc. is a leading supplier of advanced defense products and technologies. The company's diverse portfolio addresses military requirements across various environments, including land, air, sea, space, and cybersecurity, with additional applications in the commercial sector. Its operations are organized into two primary divisions: Advanced Sensing and Computing, and Integrated Mission Systems.
Is Leonardo DRS, Inc. stock overvalued or undervalued in 2026?
Leonardo DRS, Inc. (DRS) trades at 29.6× earnings (P/E), above the median of the 297 industrials companies over $2bn in Kaplio's universe. At its sector median (25.8×) $31 (-13 %).
Kaplio overview: Leonardo DRS, Inc.
Market cap $9B · 52 weeks $33 – $50 (28 % below the high) · P/E 29.6× · 2027 expected P/E 24.1× · Dividend 1.0 % · Next earnings October 29, 2026 · expected EPS $0.35 · Closing price, Oct 28 · accounts published Jul 30.
- Valuation: P/E 29.6× (fairly priced).
- Business: ROIC 10 % (fair).
- Balance sheet: Net cash/EBITDA 0.4× (solid).
- Earnings: 8 of 8 (on track).
What would it be worth at its usual multiples?
At its sector median (25.8×) $31 (-13 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in industrials: 3 of 10 pass
- 5y revenue growth −5.8 %, fails.
- Operating margin 9.5 %, fails.
- ROIC 10.4 %, fails.
- P/E vs own 10y history 29.6×, fails.
- Cycle-adjusted EV/EBITDA 19.1×, fails.
- FCF conversion 81.7 %, borderline.
- Capex / Revenue 3.8 %, borderline.
- Net debt / EBITDA −0.4×, passes.
- Altman Z-Score 3.5, passes.
- Piotroski F-Score 7 de 9, passes.
Against its peers (reference peers) — Leonardo DRS, Inc.: P/E 29.6×; EV/EBITDA 19.1×; ROIC 10.4 %; $9.5B. Moog Inc. (P/E 29.0×; EV/EBITDA 19.5×; ROIC 12.3 %; $10.8B), Kratos Defense & Security Solutions, Inc. (P/E 242×; EV/EBITDA 54.6×; ROIC 0.5 %; $7.8B), Curtiss-Wright Corporation (P/E 32.6×; EV/EBITDA 21.5×; ROIC 12.7 %; $17.5B).
Dividend
tight · Yield 1.0 % ($0.36 per share in 2025) · Free cash flow coverage 1.1× · With $1,000 invested today you'd collect $10.10 a year ($0.84 a month).
Profitability
| Return on Equity | 11.76% |
| Return on Invested Capital | 10.41% |
| Return on Assets | 7.67% |
| Gross Margin | 24.87% |
| Operating Margin | 10.53% |
| Net Margin | 8.52% |
Financial Health
| Debt / Equity | 0.10 |
| Current Ratio | 1.92 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 3.50 |
Price Performance
| 1 month | -3.35% |
| 3 months | -22.91% |
| Year-to-date | +4.14% |
| 1 year | -7.62% |
| 3 years | +91.48% |
| 5 years | +247.02% |
| 10 years | +3127.27% |
Dividend History
Paid in the last 12 months: $0.3600 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-08-13 | $0.0900 |
| 2026-05-19 | $0.0900 |
| 2026-03-10 | $0.0900 |
| 2025-11-18 | $0.0900 |
| 2025-08-20 | $0.0900 |
| 2025-05-22 | $0.0900 |
| 2025-03-13 | $0.0900 |
Amounts adjusted for stock splits.
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Explore sector: Industrials · Aerospace & Defense
More sections of DRS: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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