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

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

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

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

  • For the quarter ending Q1 2026, FCF Margin rose 993.0% year-over-year to 11.35%; the trailing twelve-month figure through Mar 2026 stood at 8.15% (down 55.0% YoY), and the FY2025 full-year result was 6.22%, up 47.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 11.35%, down from 35.47% in the prior quarter.
  • The five-year high for FCF Margin was 53.67% in Q4 2023, with the low at 61.34% in Q1 2023.
  • Historically, FCF Margin has averaged 0.74% across 5 years, with a median of 1.02% in 2022.
  • The largest YoY upside for FCF Margin was 2331 bps in 2023 against a maximum downside of 1754 bps in 2023.
  • Leonardo DRS's FCF Margin stood at 30.37% in 2022, then surged by 77 bps to 53.67% in 2023, then decreased by 21 bps to 42.2% in 2024, then dropped by 16 bps to 35.47% in 2025, then sank by 132 bps to 11.35% in 2026.
  • The last three FCF Margin figures came in at 11.35% (Q1 2026), 35.47% (Q4 2025), and 8.02% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -80.16%
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 12.04%
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 5.93%
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn -6.54%
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -1.61%
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 15.52%
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 14.48%
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn -18.45%
10 Leonardo DRS 12.41 Bn 12.08 Bn 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%
Jun 30, 2021 7.29%
Mar 31, 2021 -38.47%