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Leonardo DRS, Inc. DRS ASC — Assets, excluding assets held-for-sale

Discontinued — last reported Q1 '22

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CARRCSA — Segment Assets
$1.47B+4.8%

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 drs:AssetsExcludingAssetsHeldForSale.

The official record: Leonardo DRS, Inc.’s 10-Q, filed May 16, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Leonardo DRS, Inc.'s ASC — assets, excluding assets held-for-sale?
Leonardo DRS, Inc. (DRS) reported ASC — assets, excluding assets held-for-sale of $1.46B in Q1 2022.
What does ASC — assets, excluding assets held-for-sale mean?
The total value of all assets currently used by the Advanced Sensing and Computing business segment, excluding assets intended for sale.
How do you interpret ASC — assets, excluding assets held-for-sale?
An increase may signal capital expansion or investment in new technology capabilities, while a decrease could indicate asset divestiture, improved asset turnover, or the winding down of specific programs.
How does ASC — assets, excluding assets held-for-sale compare across companies?
Similar to segment-specific net asset bases reported by other defense contractors, though comparability depends on the specific allocation methodologies for shared corporate assets.