Leonardo DRS (DRS) Tax Rate (2020 - 2026)

Leonardo DRS (DRS) posted Tax Rate of 19.48% for Q1 2026, up 9.8% on a QoQ basis from 17.74% in Q4 2025, and up 569.0% year-over-year from 2.91% in Q1 2025.

Leonardo DRS (DRS) Tax Rate (2020 - 2026) Analysis & Trends

Leonardo DRS's Tax Rate history runs 7 years deep, the most recent figure standing at 19.48% for Q1 2026.

  • Quarterly Tax Rate rose 569.0% year-over-year to 19.48% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.31% (up 42.0% YoY) and the FY2025 annual result came in at 17.26%, down 206.0% from the prior year.
  • Tax Rate was 19.48% for Q1 2026 at Leonardo DRS, 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.
  • A 5-year average of 17.43% and a median of 19.4% in 2025 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2023 — Tax Rate slumped 2794 bps — and 2024, when it soared 2521 bps.
  • Leonardo DRS's Tax Rate stood at 16.67% in 2022, then surged by 33 bps to 22.11% in 2023, then declined by 10 bps to 19.82% in 2024, then declined by 10 bps to 17.74% in 2025, then climbed by 10 bps to 19.48% in 2026.
  • Business Quant data shows DRS's Tax Rate at 19.48% in Q1 2026, 17.74% in Q4 2025, and 17.24% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 General Electric 369.74 Bn 360.40 Bn -3.10 Bn 14.53%
2 Rtx 286.79 Bn 278.48 Bn 9.91 Bn 17.98%
3 Boeing 168.91 Bn 148.89 Bn 2.41 Bn -17.26%
4 Lockheed Martin 132.03 Bn 128.24 Bn 2.45 Bn 15.70%
5 Howmet Aerospace 111.81 Bn 109.37 Bn 854.00 Mn 18.08%
6 General Dynamics 101.89 Bn 97.56 Bn 6.76 Bn 17.56%
7 Northrop Grumman 75.58 Bn 73.27 Bn 3.72 Bn 6.34%
8 TransDigm 72.49 Bn 68.61 Bn 1.51 Bn 23.43%
9 L3Harris Technologies 50.52 Bn 49.93 Bn 1.40 Bn 13.07%
10 Leonardo DRS 11.80 Bn 11.47 Bn 212.00 Mn 19.48%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.48%
Mar 31, 2026 19.48%
Mar 31, 2026 19.48%
Dec 31, 2025 17.74%
Dec 31, 2025 17.74%
Dec 31, 2025 17.74%
Sep 30, 2025 17.24%
Sep 30, 2025 17.24%
Sep 30, 2025 17.24%
Jun 30, 2025 19.40%
Jun 30, 2025 19.40%
Jun 30, 2025 19.40%
Mar 31, 2025 13.79%
Mar 31, 2025 13.79%
Mar 31, 2025 13.79%
Dec 31, 2024 19.82%
Dec 31, 2024 19.82%
Dec 31, 2024 19.82%
Sep 30, 2024 17.39%
Sep 30, 2024 17.39%