Leonardo DRS (DRS) Tax Rate (2020 - 2026)
Leonardo DRS (DRS) posted Tax Rate of 19.48% for Q1 2026, up 9.8% quarter-over-quarter from 17.74% in Q4 2025, and up 569.0% year-on-year from 2.91% in Q1 2025.
Leonardo DRS (DRS) Tax Rate (2020 - 2026) Analysis & Trends
Leonardo DRS (DRS) has reported Tax Rate for 7 consecutive years, with 19.48% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 19.48%, up 569.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.31% (up 42.0% YoY), and the FY2025 annual result was 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.
- Over five years, Tax Rate peaked at 25.0% in Q1 2022 and troughed at 6.06% in Q2 2023.
- Average Tax Rate over 5 years is 17.43%, with a median of 19.4% recorded in 2025.
- Year-over-year, Tax Rate sank 2794 bps in 2023 and surged 2521 bps in 2024.
- Over 5 years, Tax Rate stood at 16.67% in 2022, then soared by 33 bps to 22.11% in 2023, then fell by 10 bps to 19.82% in 2024, then fell by 10 bps to 17.74% in 2025, then grew by 10 bps to 19.48% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 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 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 126.92% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 14.40% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 17.82% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 16.12% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 18.08% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 23.43% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 15.05% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 3.83% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 13.07% |
| 10 | Leonardo DRS | 128.07 Mn | -199.93 Mn | 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% |