Leonardo DRS (DRS) FCF Margin (2020 - 2026)

Leonardo DRS (DRS) posted FCF Margin of 11.35% for Q1 2026, down 131.99% quarter-over-quarter from 35.47% in Q4 2025, and up 993.0% year-on-year from 1.04% in Q1 2025.

Leonardo DRS (DRS) FCF Margin (2020 - 2026) Analysis & Trends

Leonardo DRS (DRS) has reported FCF Margin for 7 consecutive years, with 11.35% the latest figure, recorded in Q1 2026.

  • FCF Margin for Q1 2026 came in at 11.35%, up 993.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.15% (down 55.0% YoY), and the FY2025 annual result was 6.22%, up 47.0% from the prior year.
  • FCF Margin was 11.35% for Q1 2026 at Leonardo DRS, down from 35.47% in the prior quarter.
  • Over five years, FCF Margin peaked at 53.67% in Q4 2023 and troughed at 61.34% in Q1 2023.
  • Average FCF Margin over 5 years is 0.74%, with a median of 1.02% recorded in 2022.
  • The widest YoY moves for FCF Margin: up 2331 bps in 2023, down 1754 bps in 2023.
  • Over 5 years, FCF Margin stood at 30.37% in 2022, then surged by 77 bps to 53.67% in 2023, then declined by 21 bps to 42.2% in 2024, then retreated by 16 bps to 35.47% in 2025, then plunged by 132 bps to 11.35% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 11.35% in Q1 2026, 35.47% in Q4 2025, and 8.02% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn -6.54%
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 5.93%
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 14.48%
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -1.61%
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 15.52%
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 2.52%
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn -18.45%
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -35.67%
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn -3.38%
10 Leonardo DRS 128.07 Mn -199.93 Mn 212.00 Mn -11.35%

Historic Data

Download Data
DateValue
Mar 31, 2026 -11.35%
Dec 31, 2025 35.47%
Sep 30, 2025 8.02%
Jun 30, 2025 -6.76%
Mar 31, 2025 -21.28%
Dec 31, 2024 42.20%
Sep 30, 2024 5.79%
Mar 31, 2024 -39.97%
Dec 31, 2023 53.67%
Sep 30, 2023 2.99%
Jun 30, 2023 -3.82%
Mar 31, 2023 -61.34%
Dec 31, 2022 30.37%
Sep 30, 2022 -2.68%
Jun 30, 2022 0.64%
Mar 31, 2022 -43.79%
Dec 31, 2021 33.05%
Sep 30, 2021 8.47%
Dec 31, 2020 40.68%
Sep 30, 2020 -1.11%