Leonardo DRS (DRS) Net Margin (2020 - 2026)
Leonardo DRS's (DRS) quarterly Net Margin came in at 9.42% in Q2 2026, up 291.0% on a YoY basis from 2.41% in Q2 2025, and up 28.53% quarter-over-quarter from 7.33% in Q1 2026.
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Leonardo DRS (DRS) Net Margin (2020 - 2026) Analysis & Trends
Leonardo DRS (DRS) has reported Net Margin for 7 consecutive years, with 9.42% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 291.0% year-over-year to 9.42%; the trailing twelve-month figure through Jun 2026 stood at 8.52% (up 121.0% YoY), and the FY2025 full-year result was 7.62%, up 103.0% from the prior year.
- Net Margin grew to 9.42% in Q2 2026 per DRS's latest filing, from 7.33% in the prior quarter.
- Across five years, Net Margin topped out at 44.01% in Q3 2022 and bottomed at 2.11% in Q1 2023.
- Historically, Net Margin has averaged 8.68% across 5 years, with a median of 6.85% in 2023.
- The sharpest annual moves came in 2022 and 2023: Net Margin soared 3915 bps in 2022, then sank 3732 bps in 2023.
- Over 5 years, Net Margin stood at 7.93% in 2022, then grew by 1 bps to 7.99% in 2023, then rose by 14 bps to 9.07% in 2024, then increased by 6 bps to 9.62% in 2025, then fell by 2 bps to 9.42% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 9.42%, 7.33%, and 9.62% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.35 Bn | 117.56 Bn | 2.45 Bn | 9.15% |
| 2 | General Dynamics | 95.48 Bn | 91.14 Bn | 6.76 Bn | 8.23% |
| 3 | Motorola Solutions | 77.17 Bn | 76.46 Bn | 1.68 Bn | 17.81% |
| 4 | Northrop Grumman | 73.84 Bn | 71.53 Bn | 3.72 Bn | 10.06% |
| 5 | L3Harris Technologies | 46.38 Bn | 44.86 Bn | 1.50 Bn | 9.96% |
| 6 | Elbit Systems | 33.34 Bn | 32.38 Bn | 579.01 Mn | 7.59% |
| 7 | Teledyne Technologies | 27.70 Bn | 27.36 Bn | 738.10 Mn | 15.14% |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 16.36% |
| 9 | Leidos Holdings | 16.35 Bn | 15.60 Bn | 817.00 Mn | 7.81% |
| 10 | Leonardo DRS | 9.73 Bn | 9.46 Bn | 237.00 Mn | 9.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.42% |
| Mar 31, 2026 | 7.33% |
| Dec 31, 2025 | 9.62% |
| Sep 30, 2025 | 7.50% |
| Jun 30, 2025 | 6.51% |
| Mar 31, 2025 | 6.26% |
| Dec 31, 2024 | 9.07% |
| Sep 30, 2024 | 7.02% |
| Jun 30, 2024 | 5.05% |
| Mar 31, 2024 | 4.22% |
| Dec 31, 2023 | 7.99% |
| Sep 30, 2023 | 6.69% |
| Jun 30, 2023 | 5.57% |
| Mar 31, 2023 | 2.11% |
| Dec 31, 2022 | 7.93% |
| Sep 30, 2022 | 44.01% |
| Jun 30, 2022 | 3.99% |
| Mar 31, 2022 | 5.88% |
| Dec 31, 2021 | 7.07% |
| Sep 30, 2021 | 4.86% |