Leonardo DRS (DRS) FCF Margin (2020 - 2026)
Leonardo DRS's FCF Margin was 0.66% in Q2 2026, up 7.41 percentage points from -6.76% a year earlier and up 12.00 percentage points from the prior quarter.
Leonardo DRS (DRS) FCF Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Leonardo DRS's FCF Margin was 9.61% through Jun 30, 2026, up 2.74 percentage points year-over-year; for FY2025, it was 6.22%, up 0.47 percentage points from FY2024.
- FCF Margin has now increased for three consecutive years, with a five-year change of +3.74 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 5.75% in FY2024 (+0.62 pp), 5.13% in FY2023 (+6.32 pp), -1.19% in FY2022 (-5.29 pp) and 4.10% in FY2021 (+1.61 pp).
- Quarterly FCF Margin has moved between -61.34% (Q1 2023) and 53.67% (Q4 2023) over five years.
- Compared with a year earlier, FCF Margin was higher in five of the last seven quarters, with an average year-over-year change of +3.27 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q4 2023 (a gain of 23.31 percentage points); the worst was Q1 2023 (a drop of 17.54 percentage points).
- Per Business Quant data, DRS's FCF Margin in the three quarters before Q2 2026 was -11.35% (Q1 2026), 35.47% (Q4 2025) and 8.02% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.06 Bn | 284.06 Bn | 4.68 Bn | 21.90% |
| 2 | Rtx | 252.10 Bn | 225.31 Bn | 5.13 Bn | 11.65% |
| 3 | Boeing | 148.40 Bn | 55.10 Bn | 2.41 Bn | 2.57% |
| 4 | Lockheed Martin | 118.20 Bn | 104.92 Bn | 2.45 Bn | 14.54% |
| 5 | Howmet Aerospace | 92.39 Bn | 87.99 Bn | 951.00 Mn | 18.81% |
| 6 | General Dynamics | 89.92 Bn | 77.03 Bn | 2.18 Bn | 11.68% |
| 7 | Motorola Solutions | 73.84 Bn | 70.20 Bn | 1.68 Bn | 13.21% |
| 8 | Northrop Grumman | 71.73 Bn | 60.97 Bn | 2.12 Bn | 8.99% |
| 9 | Honeywell International | 66.60 Bn | 19.04 Bn | 3.65 Bn | 9.89% |
| 10 | Leonardo DRS | 9.80 Bn | 8.25 Bn | 237.00 Mn | 0.66% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.66% |
| 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% |
Leonardo DRS FCF Margin 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=fcf-margin&ticker=DRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=DRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();