Leonardo DRS (DRS) Tax Rate (2020 - 2026)
Leonardo DRS posted quarterly Tax Rate of 19.48% for Q1 2026, up 569.0% year-on-year from 2.91% in Q1 2025, and up 9.8% on a QoQ basis from 17.74% in Q4 2025.
Leonardo DRS (DRS) has 7 years of Tax Rate data on file, last reported at 19.48% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 569.0% year-over-year to 19.48%; the trailing twelve-month figure through Mar 2026 stood at 18.31% (up 42.0% YoY), and the FY2025 full-year result was 17.26%, down 206.0% from the prior year.
- Tax Rate for Q1 2026 stood at 19.48%, up from 17.74% in the prior quarter.
- Across five years, Tax Rate topped out at 25.0% in Q1 2022 and bottomed at 6.06% in Q2 2023.
- The 5-year median for Tax Rate is 19.4% (2025), against an average of 17.43%.
- The widest annual swing landed in 2023, when Tax Rate sank 2794 bps; it then soared 2521 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 16.67% in 2022, then jumped by 33 bps to 22.11% in 2023, then dropped by 10 bps to 19.82% in 2024, then dropped by 10 bps to 17.74% in 2025, then advanced by 10 bps to 19.48% in 2026.
- The last three Tax Rate figures came in at 19.48% (Q1 2026), 17.74% (Q4 2025), and 17.24% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 11.46 |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 14.40 |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 126.92 |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 16.12 |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 18.08 |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 17.82 |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 3.83 |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 15.05 |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 23.43 |
| 10 | Leonardo DRS | 11.94 Bn | 11.62 Bn | 212.00 Mn | 19.48 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.48 |
| Mar 31, 2026 | 19.48 |
| Dec 31, 2025 | 17.74 |
| Dec 31, 2025 | 17.74 |
| Sep 30, 2025 | 17.24 |
| Sep 30, 2025 | 17.24 |
| Jun 30, 2025 | 19.40 |
| Jun 30, 2025 | 19.40 |
| Mar 31, 2025 | 13.79 |
| Mar 31, 2025 | 13.79 |
| Dec 31, 2024 | 19.82 |
| Dec 31, 2024 | 19.82 |
| Sep 30, 2024 | 17.39 |
| Sep 30, 2024 | 17.39 |
| Jun 30, 2024 | 19.15 |
| Jun 30, 2024 | 19.15 |
| Mar 31, 2024 | 21.62 |
| Mar 31, 2024 | 21.62 |
| Dec 31, 2023 | 22.11 |
| Dec 31, 2023 | 22.11 |
| Sep 30, 2023 | 2.08 |
| Sep 30, 2023 | 2.08 |
| Jun 30, 2023 | -6.06 |
| Jun 30, 2023 | -6.06 |
| Mar 31, 2023 | 25.00 |
| Mar 31, 2023 | 25.00 |
| Dec 31, 2022 | 16.67 |
| Dec 31, 2022 | 16.67 |
| Sep 30, 2022 | 23.98 |
| Sep 30, 2022 | 23.98 |
| Jun 30, 2022 | 21.88 |
| Jun 30, 2022 | 21.88 |
| Mar 31, 2022 | 25.00 |
| Mar 31, 2022 | 25.00 |
| Dec 31, 2021 | 20.55 |
| Dec 31, 2021 | 20.55 |
| Sep 30, 2021 | 18.60 |
| Sep 30, 2021 | 18.60 |
| Jun 30, 2021 | 25.58 |
| Jun 30, 2021 | 25.58 |
| Mar 31, 2021 | 29.27 |
| Mar 31, 2021 | 29.27 |
| Dec 31, 2020 | 25.40 |
| Dec 31, 2020 | 25.40 |
| Sep 30, 2020 | 21.05 |
| Sep 30, 2020 | 21.05 |
| Jun 30, 2020 | 23.53 |
| Jun 30, 2020 | 23.53 |
| Mar 31, 2020 | 23.08 |
| Mar 31, 2020 | 23.08 |