Leonardo DRS (DRS) Non Operating Interest Expenses (2020 - 2025)
Leonardo DRS's (DRS) quarterly Non Operating Interest Expenses came in at $1.0 million in Q1 2025, down 80.0% on a YoY basis from $5.0 million in Q1 2024, and down 75.0% quarter-over-quarter from $4.0 million in Q4 2024.
Analysis
Leonardo DRS (DRS) Non Operating Interest Expenses (2020 - 2025) Analysis & Trends
Leonardo DRS (DRS) has reported Non Operating Interest Expenses for 6 consecutive years, with $1.0 million the latest figure, recorded in Q1 2025.
- For the quarter ending Q1 2025, Non Operating Interest Expenses fell 80.0% year-over-year to $1.0 million; the trailing twelve-month figure through Mar 2025 stood at $17.0 million (down 48.48% YoY), and the FY2024 full-year result was $21.0 million, down 41.67% from the prior year.
- Non Operating Interest Expenses declined to $1.0 million in Q1 2025 per DRS's latest filing, from $4.0 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $10.0 million in Q2 2022 and bottomed at $1.0 million in Q1 2025.
- Historically, Non Operating Interest Expenses has averaged $7.5 million across 5 years, with a median of $8.0 million in 2021.
- The sharpest annual moves came in 2023 and 2025: Non Operating Interest Expenses increased 28.57% in 2023, then tumbled 80.0% in 2025.
- Over 5 years, Non Operating Interest Expenses stood at $8.0 million in 2021, then slipped by 12.5% to $7.0 million in 2022, then climbed by 28.57% to $9.0 million in 2023, then plunged by 55.56% to $4.0 million in 2024, then plunged by 75.0% to $1.0 million in 2025.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $1.0 million, $4.0 million, and $5.0 million for Q1 2025, Q4 2024, and Q3 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | 266.00 Mn |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | - |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 109.00 Mn |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | 161.00 Mn |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | - |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | - |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 13.60 Mn |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 9.93 Mn |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | - |
| 10 | Leonardo DRS | 9.63 Bn | 9.36 Bn | 237.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 1.00 Mn |
| Dec 31, 2024 | 4.00 Mn |
| Sep 30, 2024 | 5.00 Mn |
| Jun 30, 2024 | 7.00 Mn |
| Mar 31, 2024 | 5.00 Mn |
| Dec 31, 2023 | 9.00 Mn |
| Sep 30, 2023 | 10.00 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 8.00 Mn |
| Dec 31, 2022 | 7.00 Mn |
| Sep 30, 2022 | 9.00 Mn |
| Jun 30, 2022 | 10.00 Mn |
| Mar 31, 2022 | 8.00 Mn |
| Dec 31, 2021 | 8.00 Mn |
| Sep 30, 2021 | 9.00 Mn |
| Jun 30, 2021 | 9.00 Mn |
| Mar 31, 2021 | 9.00 Mn |
| Dec 31, 2020 | 15.00 Mn |
| Sep 30, 2020 | 17.00 Mn |
| Jun 30, 2020 | 17.00 Mn |