Leonardo DRS (DRS) Free Cash Flow (2020 - 2026)
Leonardo DRS (DRS) recorded Free Cash Flow of $6 million in Q2 2026, compared with -$56 million a year earlier.
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Analysis
Leonardo DRS (DRS) Free Cash Flow (2020 - 2026) Analysis & Trends
On a TTM basis, Leonardo DRS's Free Cash Flow came in at $363 million as of Jun 30, 2026, up 54.5% year-over-year; for FY2025, it was $227 million, up 22.0% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of 26.9% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $186 million in FY2024 (+28.3%), $145 million in FY2023, -$32 million in FY2022 and $118 million in FY2021 (+71.0%).
- Quarterly Free Cash Flow has ranged from -$349 million in Q1 2023 to $497 million in Q4 2023 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in two of the last four quarters, with growth averaging 40.4%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 123.8% in Q3 2024, against a decline of 91.7% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -$96 million (Q1 2026), $376 million (Q4 2025) and $77 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 2.92 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 2.88 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 631.00 Mn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 2.92 Bn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 479.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 1.65 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 414.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 978.00 Mn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 961.00 Mn |
| 10 | Leonardo DRS | 9.77 Bn | 8.22 Bn | 237.00 Mn | 6.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.00 Mn |
| Mar 31, 2026 | -96.00 Mn |
| Dec 31, 2025 | 376.00 Mn |
| Sep 30, 2025 | 77.00 Mn |
| Jun 30, 2025 | -56.00 Mn |
| Mar 31, 2025 | -170.00 Mn |
| Dec 31, 2024 | 414.00 Mn |
| Sep 30, 2024 | 47.00 Mn |
| Mar 31, 2024 | -275.00 Mn |
| Dec 31, 2023 | 497.00 Mn |
| Sep 30, 2023 | 21.00 Mn |
| Jun 30, 2023 | -24.00 Mn |
| Mar 31, 2023 | -349.00 Mn |
| Dec 31, 2022 | 249.00 Mn |
| Sep 30, 2022 | -17.00 Mn |
| Jun 30, 2022 | 4.00 Mn |
| Mar 31, 2022 | -268.00 Mn |
| Dec 31, 2021 | 271.00 Mn |
| Sep 30, 2021 | 61.00 Mn |
| Jun 30, 2021 | 48.00 Mn |
API Access
Leonardo DRS Free Cash Flow 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=free-cash-flow&ticker=DRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=DRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();