Leonardo DRS (DRS) Interest Coverage Ratio (2020 - 2026)
Leonardo DRS (DRS) posted Interest Coverage Ratio of 2.96 for Q1 2026, down 83.55% on a QoQ basis from 18.0 in Q4 2025, and up 25.49% year-over-year from 2.36 in Q1 2025.
Leonardo DRS (DRS) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Leonardo DRS's Interest Coverage Ratio history runs 7 years deep, the most recent figure standing at 2.96 for Q1 2026.
- Quarterly Interest Coverage Ratio rose 25.49% year-over-year to 2.96 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 14.08 (up 13.89% YoY) and the FY2025 annual result came in at 9.94, up 15.38% from the prior year.
- Interest Coverage Ratio was 2.96 for Q1 2026 at Leonardo DRS, down from 18.0 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 105.0 in Q4 2023 and bottomed at 1.47 in Q1 2023.
- A 5-year average of 12.9 and a median of 3.68 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio surged 744.83% — and 2024, when it tumbled 91.84%.
- Leonardo DRS's Interest Coverage Ratio stood at 12.43 in 2022, then jumped by 744.83% to 105.0 in 2023, then tumbled by 91.84% to 8.57 in 2024, then surged by 110.0% to 18.0 in 2025, then sank by 83.55% to 2.96 in 2026.
- Business Quant data shows DRS's Interest Coverage Ratio at 2.96 in Q1 2026, 18.0 in Q4 2025, and 4.43 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 373.11 Bn | 363.77 Bn | -3.10 Bn | -5.05 |
| 2 | Rtx | 288.23 Bn | 279.93 Bn | 9.91 Bn | 1.76 |
| 3 | Boeing | 167.89 Bn | 147.87 Bn | 2.41 Bn | 0.26 |
| 4 | Lockheed Martin | 132.16 Bn | 128.37 Bn | 2.45 Bn | 2.07 |
| 5 | Howmet Aerospace | 112.88 Bn | 110.45 Bn | 854.00 Mn | - |
| 6 | General Dynamics | 102.49 Bn | 98.16 Bn | 6.76 Bn | 26.07 |
| 7 | Northrop Grumman | 75.87 Bn | 73.56 Bn | 3.72 Bn | 6.81 |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 2.43 |
| 9 | L3Harris Technologies | 50.89 Bn | 50.30 Bn | 1.40 Bn | 1.69 |
| 10 | Leonardo DRS | 11.85 Bn | 11.52 Bn | 212.00 Mn | 2.96 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.96 |
| Dec 31, 2025 | 18.00 |
| Sep 30, 2025 | 4.43 |
| Jun 30, 2025 | 3.68 |
| Mar 31, 2025 | 2.36 |
| Dec 31, 2024 | 8.57 |
| Sep 30, 2024 | 3.26 |
| Jun 30, 2024 | 2.50 |
| Mar 31, 2024 | 1.95 |
| Dec 31, 2023 | 105.00 |
| Sep 30, 2023 | 3.11 |
| Jun 30, 2023 | 2.21 |
| Mar 31, 2023 | 1.47 |
| Dec 31, 2022 | 12.43 |
| Sep 30, 2022 | 37.60 |
| Jun 30, 2022 | 4.20 |
| Mar 31, 2022 | 5.60 |
| Dec 31, 2021 | 10.13 |
| Sep 30, 2021 | 5.89 |
| Jun 30, 2021 | 5.67 |