Leonardo DRS, Inc. (DRS) Tax Rate (2020 - 2026)
Leonardo DRS's Tax Rate came in at 14.00% for Q2 2026, down 5.40 percentage points from 19.40% a year earlier and down 5.48 percentage points from the prior quarter.
Leonardo DRS, Inc. (DRS) Tax Rate (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Leonardo DRS reported Tax Rate of 17.01%, down 1.02 percentage points year-over-year; for FY2025, it was 17.26%, down 2.06 percentage points from FY2024.
- Tax Rate carries a five-year change of -6.85 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 19.32% in FY2024 (+6.82 pp), 12.50% in FY2023 (-10.36 pp), 22.86% in FY2022 (-0.14 pp) and 23.00% in FY2021 (-1.11 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q1 2025.
- Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of +0.44 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2024 (a gain of 25.21 percentage points), and the weakest in Q2 2023 (a drop of 27.94 percentage points).
- Business Quant data shows DRS's Tax Rate at 19.48% (Q1 2026), 17.74% (Q4 2025) and 17.24% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.00% |
| Mar 31, 2026 | 19.48% |
| Dec 31, 2025 | 17.74% |
| Sep 30, 2025 | 17.24% |
| Jun 30, 2025 | 19.40% |
| Mar 31, 2025 | 13.79% |
| Dec 31, 2024 | 19.82% |
| Sep 30, 2024 | 17.39% |
| Jun 30, 2024 | 19.15% |
| Mar 31, 2024 | 21.62% |
| Dec 31, 2023 | 22.11% |
| Sep 30, 2023 | 2.08% |
| Mar 31, 2023 | 25.00% |
| Dec 31, 2022 | 16.67% |
| Sep 30, 2022 | 23.98% |
| Jun 30, 2022 | 21.88% |
| Mar 31, 2022 | 25.00% |
| Dec 31, 2021 | 20.55% |
| Sep 30, 2021 | 18.60% |
| Jun 30, 2021 | 25.58% |
Leonardo DRS, Inc. Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=DRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "DRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=DRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();