Leonardo DRS (DRS) Interest Coverage Ratio (2020 - 2025)
Leonardo DRS's (DRS) Interest Coverage Ratio stood at 59.00 in Q1 2025, up 586.0% from 8.60 a year earlier and up 96.7% from the prior quarter.
Leonardo DRS (DRS) Interest Coverage Ratio (2020 - 2025) Analysis & Trends
On a TTM basis, Leonardo DRS's Interest Coverage Ratio came in at 18.18 as of Mar 31, 2025, up 140.9% year-over-year; for FY2024, it was 13.95, up 117.4% from FY2023.
- Across earlier years, Interest Coverage Ratio came in at 6.42 in FY2023 (-61.1%), 16.50 in FY2022 (+144.7%), 6.74 in FY2021 (+138.4%) and 2.83 in FY2020 (+12.8%).
- The Q1 2025 figure is the highest quarterly Interest Coverage Ratio in data going back to Q1 2020.
- On a year-over-year basis, Interest Coverage Ratio has increased for five consecutive quarters, with growth averaging 132.5% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 609.4% in Q3 2022, against a decline of 85.9% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 30.00 (Q4 2024), 15.00 (Q3 2024) and 7.86 (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.06 Bn | 284.06 Bn | 4.68 Bn | -28.76 |
| 2 | Rtx | 252.10 Bn | 225.31 Bn | 5.13 Bn | - |
| 3 | Boeing | 148.40 Bn | 55.10 Bn | 2.41 Bn | 0.26 |
| 4 | Lockheed Martin | 118.20 Bn | 104.92 Bn | 2.45 Bn | 9.32 |
| 5 | Howmet Aerospace | 92.39 Bn | 87.99 Bn | 951.00 Mn | - |
| 6 | General Dynamics | 89.92 Bn | 77.03 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 73.84 Bn | 70.20 Bn | 1.68 Bn | 7.42 |
| 8 | Northrop Grumman | 71.73 Bn | 60.97 Bn | 2.12 Bn | 6.81 |
| 9 | Honeywell International | 66.60 Bn | 19.04 Bn | 3.65 Bn | 4.92 |
| 10 | Leonardo DRS | 9.80 Bn | 8.25 Bn | 237.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 59.00 |
| Dec 31, 2024 | 30.00 |
| Sep 30, 2024 | 15.00 |
| Jun 30, 2024 | 7.86 |
| Mar 31, 2024 | 8.60 |
| Dec 31, 2023 | 11.67 |
| Sep 30, 2023 | 5.90 |
| Jun 30, 2023 | 4.67 |
| Mar 31, 2023 | 3.13 |
| Dec 31, 2022 | 12.43 |
| Sep 30, 2022 | 41.78 |
| Jun 30, 2022 | 4.20 |
| Mar 31, 2022 | 7.00 |
| Dec 31, 2021 | 10.13 |
| Sep 30, 2021 | 5.89 |
| Jun 30, 2021 | 5.67 |
| Mar 31, 2021 | 5.67 |
| Dec 31, 2020 | 5.27 |
| Sep 30, 2020 | 2.18 |
| Jun 30, 2020 | 1.76 |
Leonardo DRS Interest Coverage Ratio 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=interest-coverage-ratio&ticker=DRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=DRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();