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

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

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

Leonardo DRS has reported Tax Rate for 7 years, with the latest figure 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.
  • The five-year high for Tax Rate was 25.0% in Q1 2022, with the low at 6.06% in Q2 2023.
  • Historically, Tax Rate has averaged 17.43% across 5 years, with a median of 19.4% in 2025.
  • Annual changes were most pronounced in 2023 — Tax Rate tumbled 2794 bps — and 2024, when it soared 2521 bps.
  • Leonardo DRS's Tax Rate stood at 16.67% in 2022, then soared by 33 bps to 22.11% in 2023, then slipped by 10 bps to 19.82% in 2024, then slipped by 10 bps to 17.74% in 2025, then gained 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 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 11.46%
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 14.40%
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 126.92%
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 16.12%
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 18.08%
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 17.82%
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 15.05%
10 Leonardo DRS 12.41 Bn 12.08 Bn 212.00 Mn 19.48%

Historic Data

Download Data
DateValue
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%