Touchstone
Last syncNov 1, 2026, 6:55 PM ET

DRS

Leonardo Drs, Inc. Industrials Search, Detection, Navigation, Guidance, Aeronautical Sys Russell 3000
$37.68Close $10.0BMarket cap $32.36 – $49.5952-week range Late-januaryNext report · estimated

Highlights

Strengths

  • Earnings growing EPS +60% year on year, faster than the quarter before (+0 pts)

Cautions

  • Not in an uptrend 2 of 8 trend conditions
  • Lagging the market RS 27 · weaker than 73% of stocks over 12 months

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 29, 2026
Off 12-month high 24%
1wk up 9.2% price change
1mo up 2.9% price change
12-month return up 5% market up 11% · its own down 12%
F-score 7 / 9 Strong
Altman Z 4.06 Low risk
P/E 36.0× price / earnings
PEG 1.20 P/E / EPS growth
P/B 3.7× price / book
Earnings yield up 3.6% EBIT / enterprise value
Cheaper than 45% of the market · around average
Revenue growth up 13% year on year
EPS growth up 60% latest quarter · +0 pts
Sales growth up 11% latest quarter · +1 pts
ROE up 11% return on equity
Free cash margin up 6% $227.0M FCF
D/E 0.13 long-term debt / equity
Net debt / EBITDA -0.7× net cash
Interest cover —EBIT / interest
Piotroski tests
  • short-term liquidity weakened
  • issued more shares
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • reduced long-term debt
  • gross margin widened
  • assets working harder

Repair signals

  • Gross margin 22.8% → 23.8%

Trade setup

ATR% 3.8% $1.42 a day · 2×ATR $34.84
RS 27 / 99 vs the universe
Trend 2 / 8 trend template
Relative volume 2.9× vs 50-day average
Up/down volume 1.02 50 sessions
Implied move — no scheduled report
Trend template · 2 of 8
  • Price above the 50-day average: passes
  • Within 25% of the 52-week high: passes

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Oct 29, 2026
Results reaction Oct 29, 2026+8% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $3.6B +13% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $2.8B FY2021 · $2.9B FY2022 · $2.7B FY2023 · $2.8B FY2024 · $3.2B FY2025 · $3.6B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $278.0M +31% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $85.0M FY2021 · $154.0M FY2022 · $405.0M FY2023 · $168.0M FY2024 · $213.0M FY2025 · $278.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $227.0M +22% on FY2024
-$50M $0 $250M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $69.0M FY2021 · $118.0M FY2022 · -$32.0M FY2023 · $145.0M FY2024 · $186.0M FY2025 · $227.0M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 24%
  • Net 8%
  • Free cash 6%
0% 25% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 18% · Net 3% · Free cash 2% FY2021 · Gross 19% · Net 5% · Free cash 4% FY2022 · Gross 21% · Net 15% · Free cash -1% FY2023 · Gross 23% · Net 6% · Free cash 5% FY2024 · Gross 23% · Net 7% · Free cash 6% FY2025 · Gross 24% · Net 8% · Free cash 6%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $299.0M net cash
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $61.0M · Long-term debt $427.0M FY2021 · Cash $240.0M · Long-term debt $393.0M FY2022 · Cash $306.0M · Long-term debt $396.0M FY2023 · Cash $467.0M · Long-term debt $407.0M FY2024 · Cash $598.0M · Long-term debt $366.0M FY2025 · Cash $647.0M · Long-term debt $348.0M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 265.82m +26.3% since FY2020
265.82m 210.45m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 210.45m FY2021 · 260.23m FY2022 · 260.23m FY2023 · 262.53m FY2024 · 265.06m FY2025 · 265.82m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $2.8B $2.9B $2.7B $2.8B $3.2B $3.6B
Gross margin 18% 19% 21% 23% 23% 24%
Operating income $181.0M $236.0M $561.0M $231.0M $293.0M $348.0M
Net income $85.0M $154.0M $405.0M $168.0M $213.0M $278.0M
Net margin 3% 5% 15% 6% 7% 8%
Earnings per share $0.40 $0.73 $1.88 $0.64 $0.80 $1.03
Free cash flow $69.0M $118.0M -$32.0M $145.0M $186.0M $227.0M
Free cash margin 2% 4% -1% 5% 6% 6%
Cash $61.0M $240.0M $306.0M $467.0M $598.0M $647.0M
Long-term debt $427.0M $393.0M $396.0M $407.0M $366.0M $348.0M
Shareholders' equity $1.4B $1.6B $2.1B $2.3B $2.6B $2.7B
Shares outstanding 210.45m 260.23m 260.23m 262.53m 265.06m 265.82m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 29, 2026 Quarterly ↗ Sep 30, 2026 29d
Jul 30, 2026 Quarterly ↗ Jun 30, 2026 30d
May 5, 2026 Quarterly ↗ Mar 31, 2026 35d
Feb 27, 2026 Annual ↗ Dec 31, 2025 58d
Oct 29, 2025 Quarterly ↗ Sep 30, 2025 29d
Jul 30, 2025 Quarterly ↗ Jun 30, 2025 30d
May 1, 2025 Quarterly ↗ Mar 31, 2025 31d
Mar 3, 2025 Annual ↗ Dec 31, 2024 62d
Oct 30, 2024 Quarterly ↗ Sep 30, 2024 30d
Jul 30, 2024 Quarterly ↗ Jun 30, 2024 30d
May 1, 2024 Quarterly ↗ Mar 31, 2024 31d
Feb 28, 2024 Annual ↗ Dec 31, 2023 59d

Current reports

FiledDisclosed
Oct 29, 2026 Results · Regulation FD ↗
Jul 30, 2026 Results · Regulation FD ↗
Jul 28, 2026 Other events ↗
Jul 17, 2026 Item 5.05 ↗
May 14, 2026 Shareholder vote ↗
May 5, 2026 Results · Regulation FD ↗
Mar 10, 2026 Director or officer change · Other events ↗
Feb 24, 2026 Results · Regulation FD ↗
Jan 28, 2026 Material agreement · Agreement ended · New obligation ↗
Jan 6, 2026 Director or officer change · Regulation FD ↗
Oct 29, 2025 Director or officer change · Regulation FD ↗
Oct 29, 2025 Results · Regulation FD ↗