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Gross margin at other companies

L3Harris Technologies logo
L3Harris TechnologiesLHX
25.5%-0.6pp
Lockheed Martin logo
Lockheed MartinLMT
9.8%-0.3pp
HEICO logo
HEICOHEI
40.1%+0.7pp
Curtiss-Wright logo
Curtiss-WrightCW
37.2%+0.1pp
TTM Technologies logo
TTM TechnologiesTTMI
21%+1.0pp
Acuity Brands logo
Acuity BrandsAYI
48.7%+1.8pp

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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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

Calculated from Leonardo DRS, Inc.’s reported figures.

Based on trailing twelve months.

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 gross margin?
Leonardo DRS, Inc. (DRS) reported gross margin of 24.4% in Q1 2026.
How has Leonardo DRS, Inc.'s gross margin changed year-over-year?
Leonardo DRS, Inc.'s gross margin increased by 6.6% year-over-year, from 22.8% to 24.4%.
What is the long-term trend for Leonardo DRS, Inc.'s gross margin?
Over 5 years (2020 to 2025), Leonardo DRS, Inc.'s gross margin has grown at a 6.0% compound annual growth rate (CAGR), from 17.8% to 23.8%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.