Leonardo DRS (DRS) Tax Rate (2020 - 2026)
Leonardo DRS (DRS) posted Tax Rate of 19.48% for Q1 2026, up 9.8% on a QoQ basis from 17.74% in Q4 2025, and up 569.0% year-over-year from 2.91% in Q1 2025.
Leonardo DRS (DRS) Tax Rate (2020 - 2026) Analysis & Trends
Leonardo DRS's Tax Rate history runs 7 years deep, the most recent figure standing at 19.48% for Q1 2026.
- Quarterly Tax Rate rose 569.0% year-over-year to 19.48% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.31% (up 42.0% YoY) and the FY2025 annual result came in at 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.
- Across five years, Tax Rate topped out at 25.0% in Q1 2022 and bottomed at 6.06% in Q2 2023.
- A 5-year average of 17.43% and a median of 19.4% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 2794 bps — and 2024, when it soared 2521 bps.
- Leonardo DRS's Tax Rate stood at 16.67% in 2022, then surged by 33 bps to 22.11% in 2023, then declined by 10 bps to 19.82% in 2024, then declined by 10 bps to 17.74% in 2025, then climbed by 10 bps to 19.48% in 2026.
- Business Quant data shows DRS's Tax Rate at 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 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | 14.53% |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 17.98% |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | -17.26% |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 18.08% |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 17.56% |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 6.34% |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 23.43% |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | 13.07% |
| 10 | Leonardo DRS | 11.80 Bn | 11.47 Bn | 212.00 Mn | 19.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | 19.82% |
| Sep 30, 2024 | 17.39% |
| Sep 30, 2024 | 17.39% |