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Leonardo DRS, Inc. DRS Interest coverage

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14×-4.1×

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

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

Based on trailing twelve months.

The official record: Leonardo DRS, Inc.’s 10-Q, filed July 30, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Leonardo DRS, Inc.'s interest coverage?
Leonardo DRS, Inc. (DRS) reported interest coverage of 40.5× in Q2 2025.
How has Leonardo DRS, Inc.'s interest coverage changed year-over-year?
Leonardo DRS, Inc.'s interest coverage increased by 379.2% year-over-year, from 8.5× to 40.5×.
What is the long-term trend for Leonardo DRS, Inc.'s interest coverage?
Over 4 years (2020 to 2024), Leonardo DRS, Inc.'s interest coverage has grown at a 49.0% compound annual growth rate (CAGR), from 2.8× to 14×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.