Leonardo DRS (DRS) Tax Rate (2020 - 2026)
Leonardo DRS's (DRS) quarterly Tax Rate came in at 14.0% in Q2 2026, down 540.0% YoY from 3.18% in Q2 2025, and down 28.13% on a QoQ basis from 19.48% in Q1 2026.
Leonardo DRS (DRS) Tax Rate (2020 - 2026) Analysis & Trends
Leonardo DRS (DRS) has 7 years of Tax Rate data on file, last reported at 14.0% in Q2 2026.
- Quarterly Tax Rate fell 540.0% year-over-year to 14.0% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 17.01% (down 102.0% YoY) and the FY2025 annual result came in at 17.26%, down 206.0% from the prior year.
- Tax Rate eased to 14.0% in Q2 2026, from 19.48% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 25.0% in Q1 2022 to a low of 6.06% in Q2 2023.
- A 5-year average of 17.24% and a median of 19.28% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate tumbled 2794 bps — and 2024, when it soared 2521 bps.
- Tracing DRS's Tax Rate over 5 years: 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 decreased by 21 bps to 14.0% in 2026.
- The last three Tax Rate figures came in at 14.0% (Q2 2026), 19.48% (Q1 2026), and 17.74% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 364.37 Bn | 355.03 Bn | 6.95 Bn | 14.53% |
| 2 | Rtx | 284.61 Bn | 276.30 Bn | 9.91 Bn | 17.98% |
| 3 | Boeing | 169.01 Bn | 148.98 Bn | 2.41 Bn | -17.26% |
| 4 | Lockheed Martin | 130.42 Bn | 126.62 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 109.04 Bn | 108.48 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 103.55 Bn | 99.21 Bn | 6.76 Bn | 17.56% |
| 7 | Northrop Grumman | 78.43 Bn | 76.12 Bn | 3.72 Bn | 6.34% |
| 8 | TransDigm | 68.93 Bn | 66.16 Bn | 1.63 Bn | 24.26% |
| 9 | Axon Enterprise | 50.92 Bn | 50.24 Bn | 546.45 Mn | 9.97% |
| 10 | Leonardo DRS | 10.77 Bn | 10.50 Bn | 237.00 Mn | 14.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.00% |
| Jun 30, 2026 | 14.00% |
| Jun 30, 2026 | 14.00% |
| 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% |