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Leonardo DRS, Inc. DRS Q4 2024 Annual earnings

Reported February 20, 2025 · Before market open

Revenue$981.0MBeat by $244.7M
EPS$0.38Beat by $0.02
Revenue estimate$736.4M
EPS estimate$0.36

Next report

Jul 30, 2026 (Today)
Revenue estimate$902.2M
EPS estimate$0.27

Financials

Q4 2024

Income statement

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Revenue$981.0M+5.9%
Gross profit$235.0M+11.9%
Operating income$120.0M+14.3%
Net income$89.0M+20.3%
EPS (diluted)$0.34+21.4%

Balance sheet

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Cash & equivalents$598.0M+28.1%
Total debt$550.0M-13.1%
Total equity$2.6B+10.0%
Total assets$4.2B+6.7%

Cash flow

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Operating cash flow$443.0M-14.0%
CapEx$29.0M+61.1%
Free cash flow$414.0M-16.7%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$8.54B+60.4%
Enterprise value$8.49B+54.7%
P/E40.1×+8.4×
P/S2.6×+0.8×

Profitability

See full
Gross margin22.8%-0.2pp
Operating margin9.1%+0.9pp
Net margin6.6%+0.6pp

Returns & leverage

See full
Return on equity8.7%+1.2pp
Debt / equity0.2×-0.1×
Current ratio1.9×+0.2×

Segments

By segment

See full
ASC$660.0M+9.1%
IMS$326.0M-0.9%

By geography

See full
International$134.0M+22.9%

Versus estimates

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Questions, answered.

When did Leonardo DRS, Inc. report Q4 2024 earnings?
Leonardo DRS, Inc. (DRS) reported Q4 2024 earnings on February 20, 2025 before market open.
What were Leonardo DRS, Inc.'s Q4 2024 revenue and EPS?
Leonardo DRS, Inc. reported revenue of $981.0M and eps of $0.38 for Q4 2024.
Did Leonardo DRS, Inc. beat estimates in Q4 2024?
Revenue beat the consensus estimate of $736.4M by $244.7M. EPS beat the consensus estimate of $0.36 by $0.02.
Where can I find Leonardo DRS, Inc.'s Q4 2024 SEC filings?
You can read the 10-K periodic report (0001628280-25-009248) directly on SEC EDGAR. The filing index links above go to sec.gov.