Leonardo DRS, Inc. financial data

Symbol
DRS on Nasdaq
Industry
Search, Detection, Navigation, Guidance, Aeronautical Sys
Location
2345 Crystal Drive, Suite 1000, Arlington, Virginia
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 184 % +11.9%
Quick Ratio 37 % +21.9%
Return On Equity 8.12 % -60.2%
Return On Assets 4.91 % -57%
Operating Margin 8.46 % -57.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 263M shares +1%
Common Stock, Shares, Outstanding 263M shares
Entity Public Float 886M USD
Common Stock, Value, Issued 3M USD 0%
Weighted Average Number of Shares Outstanding, Basic 263M shares +1.15%
Weighted Average Number of Shares Outstanding, Diluted 266M shares +1.53%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.95B USD +11.1%
Cost of Revenue 2.28B USD +9.48%
Research and Development Expense 82M USD +41.4%
General and Administrative Expense 385M USD +1.05%
Operating Income (Loss) 249M USD -53%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 213M USD -56.8%
Income Tax Expense (Benefit) 28M USD -75%
Net Income (Loss) Attributable to Parent 185M USD -51.4%
Earnings Per Share, Basic 0.7 USD/shares -60.2%
Earnings Per Share, Diluted 0.7 USD/shares -60.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 160M USD -8.05%
Accounts Receivable, after Allowance for Credit Loss, Current 194M USD +22.8%
Inventory, Net 342M USD -6.04%
Other Assets, Current 47M USD +62.1%
Assets, Current 1.77B USD +3.51%
Deferred Income Tax Assets, Net 123M USD +70.8%
Operating Lease, Right-of-Use Asset 82M USD -1.21%
Goodwill 1.24B USD +0.16%
Other Assets, Noncurrent 95M USD +3.26%
Assets 3.78B USD +2.72%
Accounts Payable, Current 220M USD -14.7%
Contract with Customer, Liability, Current 361M USD +46.2%
Liabilities, Current 902M USD -11.5%
Long-term Debt and Lease Obligation 356M USD -1.11%
Deferred Income Tax Liabilities, Net 4M USD -33.3%
Operating Lease, Liability, Noncurrent 74M USD +8.82%
Other Liabilities, Noncurrent 129M USD +16.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -47M USD +4.08%
Retained Earnings (Accumulated Deficit) -2.78B USD +6.25%
Stockholders' Equity Attributable to Parent 2.36B USD +9.89%
Liabilities and Equity 3.78B USD +2.72%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -265M USD +20.7%
Net Cash Provided by (Used in) Financing Activities -32M USD -115%
Net Cash Provided by (Used in) Investing Activities -10M USD +28.6%
Common Stock, Shares Authorized 350M shares 0%
Common Stock, Shares, Issued 263M shares +0.93%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -307M USD -133%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 160M USD -8.05%
Deferred Tax Assets, Valuation Allowance 22M USD +29.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 259M USD +24.5%
Operating Lease, Liability 91M USD -2.15%
Depreciation 64M USD +10.3%
Payments to Acquire Property, Plant, and Equipment 10M USD -33.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 187M USD -51.3%
Lessee, Operating Lease, Liability, to be Paid 97M USD -14.2%
Operating Lease, Liability, Current 24M USD -11.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 20M USD -25.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 25M USD -16.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +21.3%
Deferred Income Tax Expense (Benefit) -52M USD -1833%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6M USD -70%
Lessee, Operating Lease, Liability, to be Paid, Year Three 15M USD -16.7%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -44M USD -980%
Current Income Tax Expense (Benefit) 76M USD -35%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 36M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 11M USD -8.33%
Operating Lease, Payments 28M USD +12%
Additional Paid in Capital 5.18B USD +0.49%
Current State and Local Tax Expense (Benefit) 14M USD -41.7%
Current Federal Tax Expense (Benefit) 61M USD -34.4%
Amortization of Intangible Assets 21M USD +50%
Depreciation, Depletion and Amortization 22M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 237M USD +24.1%
Share-based Payment Arrangement, Expense 17M USD +240%
Deferred State and Local Income Tax Expense (Benefit) -7M USD -16.7%
Interest Expense 33M USD -2.94%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%