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Leonardo DRS, Inc. DRS Operating Lease Liabilities (Total)

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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$12.09B+10.0%
Enterprise value$11.93B+7.7%
P/E41.7×-2.3×
P/S3.3×+0.1×

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:OperatingLeaseLiability.

The source filing: Leonardo DRS, Inc.’s 10-K, filed February 27, 2026.

Filed
Feb 26, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001833756-26-000013
(Dollars in millions)Year Ending December 31,Operating LeasesFinance Leases
20291811
20301411
Thereafter2995
Total lease payments138158
Less: imputed interest1552
Present value of lease liabilities123106
Less: current maturities2810
Long-term lease obligations$95$96

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Leonardo DRS, Inc.'s operating lease liabilities (total)?
Leonardo DRS, Inc. (DRS) reported operating lease liabilities (total) of $123M in Q4 2025.
How has Leonardo DRS, Inc.'s operating lease liabilities (total) changed year-over-year?
Leonardo DRS, Inc.'s operating lease liabilities (total) increased by 32.3% year-over-year, from $93M to $123M.
What is the long-term trend for Leonardo DRS, Inc.'s operating lease liabilities (total)?
Over 4 years (2021 to 2025), Leonardo DRS, Inc.'s operating lease liabilities (total) has grown at a 6.1% compound annual growth rate (CAGR), from $97M to $123M.
What does operating lease liabilities (total) mean?
This represents the total present value of future lease payments for operating leases, recognized as a liability on the balance sheet. It reflects the company's long-term commitment to leased assets such as office space, warehouses, and equipment. Tracking this helps investors evaluate the company's off-balance-sheet financing obligations and overall debt-like commitments.

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