DRSLeonardo DRS, Inc.
Search, Detection, Navigation, Guidance, Aeronautical Sys
- Revenue
- $3.6B
- 13% YoY
- Operating margin
- 9.5%
- 5.3% YoY
- EBITDA
- $441M
- 15% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -0.3×
- −$129M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear132% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear10% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear28% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.9B | $2.7B | $2.8B | $3.2B | $3.6B | 13% |
| Operating income | $236M | $561M | $231M | $293M | $348M | 19% |
| Net income | $154M | $405M | $168M | $213M | $278M | 31% |
| Operating cash flow | $178M | $33M | $205M | $271M | $366M | 35% |
| Capex | $60M | $65M | $60M | $85M | $139M | 64% |
| Stock-based comp | $0 | $5M | $17M | $22M | $32M | 45% |
| Buybacks | — | — | $0 | $0 | $35M | |
| Dividends | $0 | $396M | $0 | $0 | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $1M · 2
- Net
- −$1M
Pay vs performance
No pay-versus-performance disclosure yet.