Leonardo DRS (DRS) Debt Ratio (2020 - 2026)
Leonardo DRS's Debt Ratio was 0.04 in Q2 2026, down 59.0% from 0.09 a year earlier and down 1.0% from the prior quarter.
Analysis
Leonardo DRS (DRS) Debt Ratio (2020 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Leonardo DRS came in at 0.08, down 11.3% from FY2024.
- Debt Ratio has now declined for five consecutive years.
- In earlier years, Debt Ratio was 0.09 in FY2024 (-15.7%), 0.10 in FY2023 (-3.4%), 0.11 in FY2022 (-16.3%) and 0.13 in FY2021 (-11.4%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio in data going back to Q4 2020.
- Compared with a year earlier, Debt Ratio has declined for 19 straight quarters, with an average decline of 26.3% over the last eight quarters.
- The year-over-year decline in Debt Ratio has ranged between 3.4% (Q4 2023) and 59.4% (Q1 2026) over the last five years.
- Per Business Quant data, DRS's Debt Ratio in the three quarters before Q2 2026 was 0.04 (Q1 2026), 0.08 (Q4 2025) and 0.08 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.06 Bn | 284.06 Bn | 4.68 Bn | 0.15 |
| 2 | Rtx | 252.10 Bn | 225.31 Bn | 5.13 Bn | 0.21 |
| 3 | Boeing | 148.40 Bn | 55.10 Bn | 2.41 Bn | 0.28 |
| 4 | Lockheed Martin | 118.20 Bn | 104.92 Bn | 2.45 Bn | 0.33 |
| 5 | Howmet Aerospace | 92.39 Bn | 87.99 Bn | 951.00 Mn | 0.37 |
| 6 | General Dynamics | 89.92 Bn | 77.03 Bn | 2.18 Bn | 0.12 |
| 7 | Motorola Solutions | 73.84 Bn | 70.20 Bn | 1.68 Bn | 0.47 |
| 8 | Northrop Grumman | 71.73 Bn | 60.97 Bn | 2.12 Bn | 0.28 |
| 9 | Honeywell International | 66.60 Bn | 19.04 Bn | 3.65 Bn | 0.44 |
| 10 | Leonardo DRS | 9.80 Bn | 8.25 Bn | 237.00 Mn | 0.04 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.04 |
| Mar 31, 2026 | 0.04 |
| Dec 31, 2025 | 0.08 |
| Sep 30, 2025 | 0.08 |
| Jun 30, 2025 | 0.09 |
| Mar 31, 2025 | 0.09 |
| Dec 31, 2024 | 0.09 |
| Sep 30, 2024 | 0.10 |
| Jun 30, 2024 | 0.10 |
| Mar 31, 2024 | 0.10 |
| Dec 31, 2023 | 0.10 |
| Sep 30, 2023 | 0.13 |
| Jun 30, 2023 | 0.13 |
| Mar 31, 2023 | 0.17 |
| Dec 31, 2022 | 0.11 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.16 |
| Mar 31, 2022 | 0.18 |
| Dec 31, 2021 | 0.13 |
| Sep 30, 2021 | 0.17 |
API Access
Leonardo DRS Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=DRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "DRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=DRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();