Leonardo DRS (DRS) Long-Term Deferred Tax (2020 - 2026)
Leonardo DRS (DRS) recorded Long-Term Deferred Tax of $81 million in Q2 2026, down 31.4% from $118 million a year earlier and down 9.0% from the prior quarter.
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Analysis
Leonardo DRS (DRS) Long-Term Deferred Tax (2020 - 2026) Analysis & Trends
At the end of FY2025, Leonardo DRS reported Long-Term Deferred Tax of $88 million, down 26.7% from FY2024.
- Annual Long-Term Deferred Tax has a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- Across earlier years, Long-Term Deferred Tax came in at $120 million in FY2024 (-2.4%), $123 million in FY2023 (+86.4%), $66 million in FY2022 (+17.9%) and $56 million in FY2021 (-35.6%).
- The Q2 2026 figure is the lowest quarterly Long-Term Deferred Tax since Q2 2023.
- On a year-over-year basis, Long-Term Deferred Tax has declined for seven consecutive quarters, with an average decline of 6.8% over the last eight quarters.
- Peak year-over-year performance for Long-Term Deferred Tax in the last five years was growth of 86.4% in Q4 2023, against a decline of 36.0% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $89 million (Q1 2026), $88 million (Q4 2025) and $118 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn |
| 10 | Leonardo DRS | 9.77 Bn | 8.22 Bn | 237.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.00 Mn |
| Mar 31, 2026 | 89.00 Mn |
| Dec 31, 2025 | 88.00 Mn |
| Sep 30, 2025 | 118.00 Mn |
| Jun 30, 2025 | 118.00 Mn |
| Mar 31, 2025 | 119.00 Mn |
| Dec 31, 2024 | 120.00 Mn |
| Sep 30, 2024 | 124.00 Mn |
| Jun 30, 2024 | 122.00 Mn |
| Mar 31, 2024 | 123.00 Mn |
| Dec 31, 2023 | 123.00 Mn |
| Sep 30, 2023 | 87.00 Mn |
| Jun 30, 2023 | 68.00 Mn |
| Mar 31, 2023 | 72.00 Mn |
| Dec 31, 2022 | 66.00 Mn |
| Sep 30, 2022 | 49.00 Mn |
| Jun 30, 2022 | 46.00 Mn |
| Mar 31, 2022 | 48.00 Mn |
| Dec 31, 2021 | 56.00 Mn |
| Sep 30, 2021 | 54.00 Mn |
API Access
Leonardo DRS Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=DRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=DRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();