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Leonardo DRS, Inc. DRS Net debt / EBITDA

Net debt / EBITDA at other companies

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General DynamicsGD
-0.8×
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2.3×-1.2×
L3Harris Technologies logo
L3Harris TechnologiesLHX
2.1×-0.4×
Lockheed Martin logo
Lockheed MartinLMT
2.1×+0.4×
Northrop Grumman logo
Northrop GrummanNOC
2.3×-0.5×
HEICO logo
HEICOHEI
1.7×-0.1×

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 the most recent quarter.

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 net debt / EBITDA?
Leonardo DRS, Inc. (DRS) reported net debt / EBITDA of -0.3× in Q1 2026.
How has Leonardo DRS, Inc.'s net debt / EBITDA changed year-over-year?
Leonardo DRS, Inc.'s net debt / EBITDA decreased by 960.2% year-over-year, from -0× to -0.3×.
What is the long-term trend for Leonardo DRS, Inc.'s net debt / EBITDA?
Over 5 years (2020 to 2025), Leonardo DRS, Inc.'s net debt / EBITDA has grown at a -39.0% compound annual growth rate (CAGR), from 2.5× to -0.2×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.