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
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%