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| 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% |