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Change in AP at other companies

General Dynamics logo
General DynamicsGD
$165M+1,169%
Raytheon Technologies logo
Raytheon TechnologiesRTX
-$1.16B-391%
L3Harris Technologies logo
L3Harris TechnologiesLHX
-$527M-1,113%
Lockheed Martin logo
Lockheed MartinLMT
$1.22B-27.3%
Northrop Grumman logo
Northrop GrummanNOC
-$559M-501%
HEICO logo
HEICOHEI
$45.88M+144%

Other financials

Income statement

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Revenue$846.0M+5.9%
Gross profit$212.0M+17.1%
Operating income$77.0M+30.5%
Net income$62.0M+24.0%
EPS (diluted)$0.23+21.1%

Balance sheet

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Cash & equivalents$328.0M-13.7%
Total debt$170.0M-53.7%
Total equity$2.8B+7.7%
Total assets$4.2B+2.8%

Cash flow

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Operating cash flow-$66.0M+52.2%
CapEx$30.0M-6.3%
Free cash flow-$96.0M+43.5%

Valuation

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Market cap$12.29B+35.8%
Enterprise value$12.13B+34.1%
P/E42.4×+3.7×
P/S3.3×+0.6×

Profitability

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Gross margin24.4%+1.5pp
Operating margin9.9%+0.7pp
Net margin7.8%+0.9pp
FCF margin8.1%

Returns & leverage

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Return on equity10.9%+1.4pp
Debt / equity0.1×-0.1×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by Leonardo DRS, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayable.

The official record: Leonardo DRS, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Leonardo DRS, Inc.'s change in AP?
Leonardo DRS, Inc. (DRS) reported change in AP of -$152M in Q1 2026.
How has Leonardo DRS, Inc.'s change in AP changed year-over-year?
Leonardo DRS, Inc.'s change in AP decreased by 20.6% year-over-year, from -$126M to -$152M.
What does change in AP mean?
The net change in the amount of money owed to suppliers during the period.
How do you interpret change in AP?
An increase indicates the company is retaining cash longer by extending payment terms, while a decrease suggests faster settlement of obligations.
How does change in AP compare across companies?
Commonly analyzed alongside days payable outstanding (DPO) to benchmark supply chain financing efficiency.