OakChart

Leonardo DRS Inc

DRSIndustrials·Aerospace & Defense·USA·Mid·NASD·Nov 11 • 3:59 PM ET

36.64+0.11 (0.30%)
2026-11-12 03:20 CET
Market cap
9,768.99 USD m
Revenue, TTM
3,885.00 USD m
Net income, TTM
365.00 USD m
Free cash flow, TTM
344.00 USD m
EPS diluted, TTM
1.36
P/E
26.96
Compare

Price

DRS against its 20, 50 and 200-day averages
2050200beat
35.0040.0045.0050.001.6M3.1MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26DRSclose 36.6420-day 35.7750-day 36.27200-day 41.9436.6452w high52w low

27.6% under the 52-week high of 50.59 on 12 Jun 2026. 52-week low 32.39 on 6 Nov 2026. Last 15 sessions, 24.8% high to low

Volume 1.04× normal · the line is the 50-bar volume average

Profile

DRS
52-week range, 23% of the way up
32.3950.59

Leonardo DRS, Inc. engages in the provision of defense products and technologies. It operates through the following segments: Advanced Sensors and Computing (ASC) and Integrated Mission Systems (IMS). The ASC segment designs, develops and manufactures sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution. The IMS segment designs, develops, manufactures and integrates power conversion, control and distribution systems, ship propulsion systems, motors and variable frequency drives, force protection systems, and transportation and logistics systems for the U.S. military and allied defense customers. The company was founded by Leonard Newman and David E. Gross in 1969 and is headquartered in Arlington, VA.

IndexRUI
Employees7300
IPOJun 24, 1985
Beta0.36
ATR, 14d1.71
Rel volume1.04
Short float5.37%
Insider own71.42%
Inst own26.66%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap9.77B
Enterprise Value9.76B
Income365.00M
Sales3.88B
Book/sh10.84
Cash/sh1.10
Dividend Est.0.36 (0.99%)
Dividend TTM0.36 (0.98%)
Dividend Ex-DateNov 12, 2026
Dividend Gr. 3/5Y- -
Payout34.80%
Employees7300
IPOJun 24, 1985

Ratios

P/E26.96
Forward P/E23.66
PEG1.68
P/S2.51
P/B3.38
P/C33.23
P/FCF28.40
EV/EBITDA18.66
EV/Sales2.51
Quick Ratio1.56
Current Ratio1.88
Debt/Eq0.10
LT Debt/Eq0.09
Option/ShortYes / Yes

Earnings

EPS (ttm)1.36
EPS next Y1.55
EPS next Q0.45
EPS this Y29.99%
EPS next Y3.62%
EPS next 5Y14.06%
EPS past 3/5Y-18.11% 12.76%
Sales past 3/5Y10.65% 5.60%
EPS Y/Y TTM37.35%
Sales Y/Y TTM8.85%
EPS Q/Q59.75%
Sales Q/Q11.04%
EarningsOct 29 BMO
EPS/Sales Surpr.30.02% 3.57%

Ownership

Insider Own71.42%
Insider Trans-0.05%
Inst Own26.66%
Inst Trans0.30%
ROA8.47%
ROE13.18%
ROIC11.62%
Gross Margin24.68%
Oper. Margin10.86%
Profit Margin9.40%
SMA202.44%
SMA501.03%
SMA200-12.63%
Trades-

Technical

Shs Outstand266.71M
Shs Float76.20M
Short Float5.37%
Short Ratio3.65
Short Interest4.09M
52W High50.59 -27.57%
52W Low32.39 13.12%
Volatility5.03% 4.84%
ATR (14)1.71
RSI (14)51.71
Beta0.36
Rel Volume1.04
Avg Volume1.12M
Volume1,168,331

Performance

Perf Week3.15%
Perf Month4.21%
Perf Quarter-18.07%
Perf Half Y-13.79%
Perf YTD7.48%
Perf Year2.95%
Perf 3Y85.05%
Perf 5Y244.68%
Perf 10Y2965.34%
Recom1.50
Target Price51.91
Prev Close36.53
Price36.64
Change %0.30%

Analyst ratings

latest 10 of 15
DateActionAnalystRating changeTargetImplied
Oct 22, 2026InitiatedOOppenheimerOutperform$45+22.8%
Sep 15, 2026InitiatedGGuggenheimBuy$51+39.2%
Aug 12, 2025ResumedCCanaccord GenuityBuy$50+36.5%
Aug 11, 2025InitiatedCCanaccord GenuityBuy$50+36.5%
Jun 30, 2025InitiatedGGoldmanBuy$49+33.7%
Mar 07, 2025UpgradeBBofA SecuritiesNeutral → Buy$40+9.2%
Sep 24, 2024DowngradeBBofA SecuritiesBuy → Neutral$26 → $30-18.1%
Jun 26, 2024InitiatedBBTIG ResearchBuy$30-18.1%
May 24, 2024InitiatedMMorgan StanleyEqual-Weight$26-29.0%
Feb 26, 2024InitiatedJJP MorganNeutral$23-37.2%

Peers

Mkt cap
TickerCompanyMkt cap
LHXL3Harris Technologies Inc51.50B
CWCurtiss-Wright Corp17.39B
MRCYMercury Systems Inc5.38B
ESLTElbit Systems Ltd34.01B
KTOSKratos Defense & Security Solutions Inc6.91B
NOCNorthrop Grumman Corp78.27B
HIIHuntington Ingalls Industries Inc12.37B
LYNXLyntris Inc1.73B
RTXRTX Corp271.63B
TDYTeledyne Technologies Inc29.98B

Insider trading

latest 14 of 64
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Dippold MichaelEVP and CFONov 02 '26Sale37.9114,317542,75720,826Nov 03 05:45 PM
Dippold MichaelOfficerNov 02 '26Proposed Sale37.9114,317542,757Nov 02 03:36 PM
TOWNSEND FRANCES FDirectorSep 30 '26Option Exercise0.001,006036,894Oct 01 04:40 PM
Dorfman MarkEVP, GC and SecretarySep 04 '26Sale37.017,471276,50229,271Sep 08 09:13 AM
Dorfman MarkOfficerSep 04 '26Proposed Sale37.017,471276,502Sep 04 11:26 AM
Dippold MichaelEVP and CFOSep 02 '26Sale37.1820,317755,38635,143Sep 04 08:16 AM
Dippold MichaelOfficerSep 02 '26Proposed Sale37.7020,317765,951Sep 02 12:19 PM
Rinsky JasonEVP Chief Tax and TreasuryAug 04 '26Sale45.813,864177,01023,581Aug 05 05:32 PM
Rinsky JasonOfficerAug 04 '26Proposed Sale45.813,864177,010Aug 04 11:31 AM
Rinsky JasonEVP Chief Tax and TreasuryJul 07 '26Sale45.373,865175,35527,445Jul 08 04:34 PM
Rinsky JasonOfficerJul 07 '26Proposed Sale45.373,865175,355Jul 07 09:56 AM
TOWNSEND FRANCES FDirectorJun 30 '26Option Exercise0.001,006035,888Jul 01 07:37 PM
Baylouny JohnPresident and CEOJun 18 '26Sale45.6736,4711,665,631122,435Jun 22 04:56 PM
Baylouny JohnOfficerJun 18 '26Proposed Sale45.6736,4711,665,555Jun 18 04:37 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
AIRRFirst Trust RBA American Industrial Renaissance ETFAUM: 8.15B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
XARState Street SPDR S&P Aerospace & Defense ETFAUM: 5.27B
PPAInvesco Aerospace & Defense ETFAUM: 7.56B
VBKVanguard Morningstar Small-Cap Growth ETFAUM: 22.34B
VXFVanguard Extended Market Index ETFAUM: 30.47B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.51B
ITAiShares U.S. Aerospace & Defense ETFAUM: 12.31B
DFACU.S. Core Equity 2 Portfolio-ETF Class SharesAUM: 49.14B

News

latest 14 of 100
  • Defense Contractors Detail Earnings, Army Orders and Rocket Output in New Releases (PR Newswire)
  • Leonardo DRS Awarded NAVAIR Contract to Produce DAIRCM Aircraft Survivability System (GlobeNewswire)
  • Defense Watch: Strong Q3 Earnings, New Military Contracts, But Democrats Sweep Poses Spending Hurdles (Stocktwits)
  • Leonardo DRS' THOR Named 2026 AUSA Best New Product (GlobeNewswire) -7.09%
  • Leonardo DRS Appoints Shaveta J. Kapoor as Chief Human Resources Officer (GlobeNewswire) -8.59%
  • UPDATE -- Leonardo DRS Selected by AV for U.S. Army's Enduring-High Energy Laser Production Program (GlobeNewswire) +5.25%
  • Leonardo DRS Selected by AV for U.S. Army's Enduring-High Energy Laser Production Program (GlobeNewswire)
  • Leonardo DRS Posts Record Bookings And A Third Straight Raise, But A Tax-Aided Beat Meets A Stock That Lost A Quarter Of Its Value (Earnings Whispers) +11.66%
  • Leonardo DRS Announces Financial Results for Third Quarter 2026 (GlobeNewswire)
  • Leonardo DRS Faces A Credibility Test After Two Guidance Raises And A 27% Slide (Earnings Whispers)
  • Leonardo DRS Expands Federal Access to Mission-Critical Technologies Through NASA SEWP VI (GlobeNewswire)
  • Leonardo DRS Awarded JIATF-401 IDIQ Contract to Accelerate Delivery of Tactical Expeditionary Sensing Capabilities for Critical Counter UAS Mission (GlobeNewswire)
  • Leonardo DRS Selected to Advance Next-Generation Uncooled Thermal Infrared Sensing for U.S. Army DUTCH Initiative (GlobeNewswire)
  • Leonardo DRS Strengthens Dismounted Soldier Modernization With $63 Million FWS-I Production Order (GlobeNewswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-290.4600.3540.4301,0661,02912
2026Q22026-07-300.3500.2730.320913903.279
2026Q12026-05-050.2600.2050.231846825.059
2025Q42026-02-240.4200.3710.3801,060994.8510
2025Q32025-10-290.2900.2780.268960924.7910
2025Q22025-07-300.2300.2140.201829827.468
2025Q12025-05-010.2000.1650.186799736.728
2024Q42025-02-200.3800.3530.331981942.178
2024Q32024-10-300.2400.1950.213812775.448
2024Q22024-07-300.1800.1380.142753680.387
2024Q12024-05-010.1400.1160.109688645.566
2023Q42024-02-270.3100.2970.279926880.036
2023Q32023-11-020.2000.1550.177703682.145
2023Q22023-08-020.1500.1100.133628630.514
2023Q12023-05-030.0700.0540.046569531.043
2022Q42023-03-280.3500.3190.284820886.522

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY-0.050-0.0550.51744.3343.40
2020FY0.1300.1360.56876.2275.77
2021FY0.5000.5301.062117.24117.09
2022FY0.8300.8941.8842,6932,716
2023FY0.7300.7180.6362,8262,778
2024FY0.9300.9090.7963,2343,193
2025FY1.1501.0931.0303,6483,582
2026FY-1.495--3,974
2027FY-1.549--4,328
2028FY-1.706--4,614
2029FY-1.930--4,793
2030FY-2.040--5,068

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-1010031,1531,1431,181
2026Q4S2026-11-089031,1531,1431,181
2026Q4S2026-11-0710031,1551,1431,181
2026Q4S2026-10-3011031,1561,1431,181
2026Q4S2026-10-2911021,1581,1431,181
2026Q4S2026-10-2111001,1631,1391,181
2026Q4S2026-10-1410001,1631,1391,181
2026Q4S2026-10-1310011,1631,1391,181
2026Q4S2026-09-1710031,1631,1391,181
2026Q4S2026-09-1110031,1631,1391,181
2026Q4S2026-08-039031,1621,1391,181
2026Q4S2026-07-319031,1621,1391,181
2026Q4S2026-07-308021,1601,1391,181
2026Q4S2026-07-278001,1641,1371,181

Estimate history

EPS, annual0.08-0.0690.5170.5681.0621.8840.6360.7961.0351.3592
Period201720182019202020212022202320242025TTM
EPS, quarterly0.2130.3310.1860.2010.2680.380.2310.320.429
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual26.182233327142778287926932826323436483885
Period201720182019202020212022202320242025TTM
Sales, quarterly81298179982996010608469131066
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual31.392145145149.785145260.234262.525265.065265.822266.712
Period201720182019202020212022202320242025MRQ
Shares, quarterly264.308265.065265.853266.185266.098265.822265.966266.832266.712
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue3,885.003,648.003,234.002,826.002,693.002,879.002,778.002,714.002,333.00
Cost of Goods Sold Incl. D&A2,926.002,801.002,520.002,200.002,128.002,341.002,293.002,264.002,012.00
Gross Profit959.00847.00714.00626.00565.00538.00485.00450.00321.00
Selling, General and Administrative Excl. Other537.00497.00414.00377.00314.00293.00283.00277.00268.00
Other Operating Expense0.000.00-1.000.00-2.009.0021.0010.008.00
Operating Income422.00350.00301.00249.00253.00236.00181.00163.0045.00
Interest Expense-8.0021.0036.0034.0035.0064.0065.0058.00
Unusual Expense1.002.008.0018.0046.000.000.000.000.00
Net Income Before Taxes417.00336.00264.00192.00525.00200.00112.0095.00-17.00
Income Taxes52.0058.0051.0024.00120.0046.0027.0020.00-7.00
Consolidated Net Income365.00278.00213.00168.00405.00154.0085.0075.00-10.00
Net Income From Continuing Operations365.00278.00213.00168.00405.00154.0085.0075.00-10.00
Net Income365.00278.00213.00168.00405.00154.0085.0075.00-10.00
EPS (Recurring)1.361.040.820.682.031.060.570.52-0.07
EPS (Basic, Before Extraordinaries)1.371.050.810.641.881.060.570.52-0.07
EPS (Diluted)1.361.030.800.641.881.060.570.52-0.07
EBITDA523.00443.00392.00334.00318.00294.00234.00214.00173.00
Non-Operating Income (Expense)-3.00-4.00-8.00-3.00352.00-1.00-5.00-3.00-4.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense-26.0016.0015.00-----
Price To Earnings Ratio26.9626.9643.5231.344.668.8817.1810.03496.15
Price To Sales Ratio2.532.512.671.871.020.470.530.280.16
Gross Margin24.6823.2222.0822.1520.9818.6917.4616.5813.76
Operating Margin10.869.599.318.819.398.206.526.011.93
Net Margin9.407.626.595.9415.045.353.062.76-0.43
Shares Outstanding266.71265.82265.06262.53260.23145.00149.78145.00145.00
Market Capitalization9,768.999,768.998,542.675,251.261,853.10465.02425.23199.3496.79

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue1,066.00913.00846.001,060.00960.00829.00799.00981.00
Cost of Goods Sold Incl. D&A808.00682.00639.00797.00743.00638.00623.00751.00
Gross Profit258.00231.00207.00263.00217.00191.00176.00230.00
Selling, General and Administrative Excl. Other142.00129.00130.00136.00123.00121.00117.00108.00
Other Operating Expense0.000.000.000.001.000.000.00-1.00
Operating Income116.00102.0077.00127.0093.0070.0059.00123.00
Interest Expense---1.004.002.001.004.00
Unusual Expense0.000.000.001.000.000.000.003.00
Net Income Before Taxes116.00100.0077.00124.0087.0067.0058.00111.00
Income Taxes1.0014.0015.0022.0015.0013.008.0022.00
Consolidated Net Income115.0086.0062.00102.0072.0054.0050.0089.00
Net Income From Continuing Operations115.0086.0062.00102.0072.0054.0050.0089.00
Net Income115.0086.0062.00102.0072.0054.0050.0089.00
EPS (Recurring)0.430.320.230.380.270.200.190.34
EPS (Basic, Before Extraordinaries)0.430.320.230.380.270.200.190.34
EPS (Diluted)0.430.320.230.380.270.200.190.33
EBITDA143.00128.00101.00151.00116.0093.0082.00146.00
Non-Operating Income (Expense)0.00-2.000.00-1.00-2.00-1.000.00-5.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense---24.424.743.957.11-
Price To Earnings Ratio26.9639.5243.0134.5848.8053.3141.3643.52
Price To Sales Ratio2.533.043.242.513.413.652.642.69
Gross Margin24.2025.3024.4724.8122.6023.0422.0323.45
Operating Margin10.8811.179.1011.989.698.447.3812.54
Net Margin10.799.427.339.627.506.516.269.07
Shares Outstanding266.71266.83265.97265.82266.10266.19265.85265.06
Market Capitalization9,768.9911,382.7311,835.469,068.8612,082.0312,365.968,718.408,542.67

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments647.00598.00467.00306.00240.0061.0085.00-12.74
Short Term Receivables1,265.001,125.001,059.001,038.00899.00889.00902.00-8.39
Inventories352.00358.00329.00319.00205.00247.00209.00-7.92
Other Current Assets62.0082.0063.0044.0045.0066.0055.00-2.67
Total Current Assets2,326.002,163.001,918.001,707.001,389.001,263.001,251.00-31.73
Net Property, Plant & Equipment619.00519.00484.00487.00364.00443.00348.00-3.92
Total Investments and Advances21.000.000.000.000.000.000.00-0.07
Intangible Assets1,350.001,370.001,389.001,408.001,123.001,117.001,126.00-0.00
Deferred Tax Assets216.00272.00237.00191.00110.00143.00164.00--
Other Assets85.0019.0011.009.00137.0046.0046.00-0.32
Total Assets4,617.004,343.004,039.003,802.003,123.003,012.002,935.00-36.03
Short Term Debt Incl. Current Port. of LT Debt54.0052.0080.0054.0065.0075.0077.00-0.00
Accounts Payable351.00426.00398.00457.00479.00478.00536.00-2.90
Income Tax Payable10.0024.0046.0031.00-----
Other Current Liabilities816.00614.00554.00500.00445.00422.00388.00-3.18
Total Current Liabilities1,231.001,116.001,078.001,042.00989.00975.001,001.00-6.09
Long Term Debt416.00406.00417.00433.00425.00455.00744.00-0.00
Provision for Risks Charges44.0034.0036.0045.0061.0088.00119.00--
Deferred Tax Liabilities134.00166.00122.00125.0054.0056.0047.00--
Other Liabilities62.0064.0061.0030.001.0011.005.00-0.76
Total Liabilities1,887.001,786.001,714.001,675.001,530.001,585.001,916.00-6.84
Non-Equity Reserves0.000.000.000.000.000.000.00-0.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.00-0.00
Common Equity2,730.002,557.002,325.002,127.001,593.001,427.001,019.00-28.53
Total Shareholders Equity2,730.002,557.002,325.002,127.001,593.001,427.001,019.00-28.53
Accumulated Minority Interest0.000.000.000.000.000.000.00-0.66
Total Equity2,730.002,557.002,325.002,127.001,593.001,427.001,019.00-29.18
Total Liabilities & Stockholders Equity4,617.004,343.004,039.003,802.003,123.003,012.002,935.00-36.03
Book Value Per Share10.279.658.868.1710.999.537.03-0.91
Tangible Book Value Per Share5.194.483.572.763.242.07-0.74-0.91
Full-Time Employees7,3007,0006,6006,4006,5756,5006,700-129
Price to Book Ratio3.383.452.341.200.861.020.74-3.42
Return on Assets6.215.084.2911.705.022.86--6.05
Return on Equity10.528.737.5521.7710.206.95--8.83
Return on Invested Capital8.847.196.1315.827.634.524.25-7.85
Quick Ratio1.601.621.471.331.201.041.04-3.91
Current Ratio1.891.941.781.641.401.301.25-5.21

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income365.00278.00213.00168.00405.00154.0085.0075.00-10.00
Depreciation101.0093.0091.0085.0065.0058.0053.0051.00128.00
Other Funds (Non Cash)30.0032.0023.0018.00-346.000.003.003.008.00
Funds from Operations520.00431.00350.00219.00118.00243.00171.00141.00123.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-30.00-65.00-79.00-14.00-82.00-65.00-46.0016.00-18.00
Cash from Operating Activities490.00366.00271.00205.0036.00178.00125.00157.00105.00
Capital Expenditures-146.00-139.00-85.00-60.00-65.00-60.00-56.00-55.00-40.00
Net Assets From Acquisitions0.000.000.000.0019.00-14.000.00-4.00-6.00
Sale of Fixed Assets and Businesses1.000.001.001.00482.000.005.008.000.00
Purchase or Sale of Investments0.00-15.000.000.000.00-2.00-4.000.000.00
Purchase of Investments0.00-15.000.000.000.00-2.00-4.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.00-15.00-100.000.00
Other Sources1.000.000.000.000.00115.000.000.000.00
Cash from Investing Activities-144.00-154.00-84.00-59.00436.0039.00-70.00-151.00-46.00
Cash Dividends Paid-96.00-96.000.000.00-396.000.000.000.000.00
Change in Capital Stock-31.00-26.0016.0012.000.000.000.000.000.00
Repurchase of Common Pref Stock-39.00-35.000.000.000.000.000.000.000.00
Sale of Common Pref Stock8.009.0016.0012.000.000.000.000.000.00
Proceedsfrom Stock Options8.009.0016.0012.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-196.00-10.00-43.008.00-2.00-38.00-76.001.00-17.00
Change in Long Term Debt-193.00-11.00-11.00-12.006.00-20.00-65.00-15.00-28.00
Issuance of Long Term Debt0.000.00280.00715.00998.00930.001,105.00880.00532.00
Reduction of Long Term Debt-193.00-11.00-291.00-727.00-992.00-950.00-1,170.00-895.00-560.00
Net Financing Active Other Cash Flow-38.00-31.00-29.00-5.00-8.000.00-4.00-2.00-13.00
Other Financing Activities Uses-38.00-31.00-29.00-5.00-8.000.00-4.00-2.00-13.00
Cash from Financing Activities-361.00-163.00-56.0015.00-406.00-38.00-80.00-1.00-30.00
Exchange Rate Effect-0.000.000.000.000.001.001.00-2.00
Net Change in Cash-15.0049.00131.00161.0066.00179.00-24.006.0027.00
Free Cash Flow344.00227.00186.00145.00-29.00118.0069.00102.0065.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow39.6369.9246.5036.49-11.5821.177.385.76
Deferred Taxes & Investment Tax Credit-28.0023.00-52.00-6.0031.0030.0012.00-3.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments294.00270.00328.00647.00309.00278.00
Short Term Receivables1,441.001,321.001,299.001,265.001,381.001,281.00
Inventories374.00383.00371.00352.00404.00400.00
Other Current Assets70.0066.0058.0062.0072.0066.00
Total Current Assets2,179.002,040.002,056.002,326.002,166.002,025.00
Net Property, Plant & Equipment572.00526.00512.00619.00477.00463.00
Total Investments and Advances21.0021.0021.0021.0021.000.00
Intangible Assets1,332.001,338.001,344.001,350.001,352.001,358.00
Deferred Tax Assets87.0081.0089.00216.00118.00118.00
Other Assets126.00136.00135.0085.00111.00115.00
Total Assets4,374.004,197.004,211.004,617.004,245.004,079.00
Short Term Debt Incl. Current Port. of LT Debt34.0040.0040.0054.0052.0049.00
Accounts Payable257.00182.00187.00351.00342.00265.00
Income Tax Payable17.0016.0018.0010.0031.0015.00
Other Current Liabilities849.00827.00860.00816.00657.00629.00
Total Current Liabilities1,157.001,065.001,105.001,231.001,082.00958.00
Long Term Debt252.00227.00231.00416.00419.00423.00
Provision for Risks Charges36.0039.0040.0044.0036.0029.00
Deferred Tax Liabilities3.003.004.00134.005.006.00
Other Liabilities36.0060.0061.0062.0055.0063.00
Total Liabilities1,484.001,394.001,441.001,887.001,597.001,479.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity2,890.002,803.002,770.002,730.002,648.002,600.00
Total Shareholders Equity2,890.002,803.002,770.002,730.002,648.002,600.00
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity2,890.002,803.002,770.002,730.002,648.002,600.00
Total Liabilities & Stockholders Equity4,374.004,197.004,211.004,617.004,245.004,079.00
Book Value Per Share10.8410.5010.4110.279.959.77
Tangible Book Value Per Share5.845.495.365.194.874.67
Full-Time Employees---7,300--
Price to Book Ratio3.384.104.333.434.654.81
Return on Assets8.477.786.986.216.546.33
Return on Equity13.1811.9210.8610.5210.359.99
Return on Invested Capital3.662.842.073.242.351.79
Quick Ratio1.561.561.521.601.631.70
Current Ratio1.881.921.861.892.002.11

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income115.0086.0062.00102.0072.0054.00
Depreciation27.0026.0024.0024.0023.0023.00
Other Funds (Non Cash)6.007.004.0013.005.006.00
Funds from Operations144.00119.0090.00167.0099.0083.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-48.00-84.00-156.00258.008.00-111.00
Cash from Operating Activities96.0035.00-66.00425.00107.00-28.00
Capital Expenditures-38.00-29.00-30.00-49.00-30.00-28.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.001.000.000.000.00
Purchase or Sale of Investments0.000.000.000.00-15.000.00
Purchase of Investments0.000.000.000.00-15.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.00
Other Sources1.000.000.000.000.000.00
Cash from Investing Activities-37.00-29.00-29.00-49.00-45.00-28.00
Cash Dividends Paid-24.00-24.00-24.00-24.00-24.00-24.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-9.00-10.00-1.00-11.00-4.00-8.00
Repurchase of Common Pref Stock-12.00-12.00-4.00-11.00-10.00-11.00
Sale of Common Pref Stock3.002.003.000.006.003.00
Proceedsfrom Stock Options3.002.003.000.006.003.00
Issuance or Reduction of Debt, Net0.00-1.00-195.000.00-1.00-8.00
Change in Long Term Debt0.000.00-191.00-2.00-3.00-3.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.00-191.00-2.00-3.00-3.00
Net Financing Active Other Cash Flow-2.00-29.00-4.00-3.00-2.00-6.00
Other Financing Activities Uses-2.00-29.00-4.00-3.00-2.00-6.00
Cash from Financing Activities-35.00-64.00-224.00-38.00-31.00-46.00
Exchange Rate Effect---0.000.000.00
Net Change in Cash24.00-58.00-319.00338.0031.00-102.00
Free Cash Flow58.006.00-96.00376.0077.00-56.00
Price to Free Cash Flow39.6342.9758.3569.8563.1466.86

Revenue breakdown

Total Search, Detection, Navigation, Guidance, Aeronautical Sys revenue2024: 3.23B 2025: 3.65B
Non-US2024: 432.00M 2025: 304.00M
United States2024: 2.80B 2025: 3.34B
Advanced Sensing And Computing2024: 2.10B 2025: 2.34B
Integrated Mission Systems2024: 1.14B 2025: 1.31B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-305.37%4.1M76.2M1.01M
2026-10-154.96%3.8M76.3M913.72K
2026-09-304.30%3.3M76.3M950.76K
2026-09-154.45%3.4M76.3M976.22K
2026-08-314.10%3.1M76.2M976.86K
2026-08-144.13%3.1M76.2M994.65K
2026-07-313.92%3.0M76.2M1.02M
2026-07-153.80%2.9M76.1M1.04M
2026-06-304.17%3.2M76.1M1.01M
2026-06-154.72%3.6M76.1M977.49K
2026-05-294.62%3.5M75.5M1.07M
2026-05-154.56%3.4M75.5M1.14M
2026-04-303.80%2.9M75.5M1.17M
2026-04-153.98%3.0M75.2M1.20M
2026-03-313.66%2.8M75.5M1.28M
2026-03-134.09%3.1M75.5M1.23M
2026-02-274.36%3.3M75.5M1.13M
2026-02-134.64%3.5M75.5M1.06M
2026-01-304.62%3.5M75.5M1.13M
2026-01-154.08%3.1M75.5M1.16M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call26.008.7012.4010.952.8870.001.000.933-0.0690.007
call27.008.1011.709.952.8800.002.000.927-0.0680.008
call28.007.0010.300.001.5810.000.000.920-0.0660.008
call29.006.109.407.922.1490.002.000.912-0.0640.009
call30.004.608.706.882.1405.005.000.902-0.0610.010
call31.004.207.800.002.1130.000.000.890-0.0590.011
call32.003.106.700.001.8590.000.000.875-0.0550.012
call33.002.805.503.671.5580.000.000.855-0.0520.013
call34.002.154.106.501.16610.000.000.795-0.0600.016
call35.000.803.602.011.21115.0015.000.650-0.1160.021
call36.000.203.401.651.35924.000.000.576-0.1540.022
call37.000.002.400.951.12410.006.000.508-0.1310.023
call38.000.001.251.201.30781.000.000.468-0.1650.023
call39.000.002.400.051.47062.000.000.431-0.1790.022
call40.000.002.300.051.5742260.000.406-0.1950.022
call41.000.002.300.051.71224.000.000.387-0.2120.022
call42.000.000.950.081.17518.000.000.257-0.1230.018
call43.000.000.750.251.00792.000.000.174-0.0840.015
call44.000.000.950.001.0980.000.000.163-0.0880.014
call45.000.000.200.050.92124.000.000.087-0.0470.009
call46.000.000.950.000.9940.000.000.082-0.0490.009
call47.000.000.950.001.0630.000.000.078-0.0500.008
put26.000.001.750.031.6111.000.00-0.067-0.0670.007
put27.000.000.950.001.4700.000.00-0.073-0.0660.008
put28.000.000.400.001.2700.000.00-0.072-0.0560.008
put29.000.002.150.001.1970.000.00-0.088-0.0610.009
put30.000.000.950.051.0655.000.00-0.098-0.0590.010
put31.000.000.950.350.9343.000.00-0.110-0.0560.011
put32.000.000.950.740.7604.000.00-0.113-0.0470.011
put33.000.001.151.320.6746.000.00-0.145-0.0490.013
put34.000.050.300.200.54121.002.00-0.205-0.0570.016
put35.000.001.202.350.86416.000.00-0.349-0.1130.021
put36.000.053.100.851.09714.000.00-0.424-0.1510.022
put37.000.352.151.000.8677.003.00-0.492-0.1280.023
put38.000.603.500.761.2052.000.00-0.570-0.1150.022
put39.001.253.900.951.0963.000.00-0.569-0.1750.022
put40.002.604.703.201.14533.000.00-0.666-0.1250.021
put41.003.105.908.091.3725.000.00-0.612-0.2090.022
put42.003.607.300.001.6870.000.00-0.742-0.1190.018
put43.005.307.900.001.6100.000.00-0.826-0.0800.015
put44.005.708.800.001.6680.000.00-0.837-0.0840.014
put45.006.709.900.001.8230.000.00-0.912-0.0430.009
put46.007.7011.300.002.1280.000.00-0.917-0.0450.009
put47.008.7011.900.002.0170.000.00-0.922-0.0460.008

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-034Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-298-KCurrent report2026-10-29SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-09-104Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-084Statement of changes in beneficial ownership of securities2026-09-04SEC
2026-09-04144Filing for proposed sale of securities under Rule 144.SEC
2026-09-044Statement of changes in beneficial ownership of securities2026-09-02SEC
2026-09-02144Filing for proposed sale of securities under Rule 144.SEC
2026-08-054Statement of changes in beneficial ownership of securities2026-08-04SEC
2026-08-04144Filing for proposed sale of securities under Rule 144.SEC
2026-07-3010-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-308-KCurrent report2026-07-30SEC
2026-07-288-KCurrent report2026-07-28SEC
2026-07-178-KCurrent report2026-07-15SEC
2026-07-084Statement of changes in beneficial ownership of securities2026-07-07SEC
2026-07-07144Filing for proposed sale of securities under Rule 144.SEC
2026-07-014Statement of changes in beneficial ownership of securities2026-06-30SEC
2026-06-224Statement of changes in beneficial ownership of securities2026-06-18SEC
2026-06-18144Filing for proposed sale of securities under Rule 144.SEC
2026-06-154Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-11144Filing for proposed sale of securities under Rule 144.SEC
2026-06-094Statement of changes in beneficial ownership of securities2026-06-08SEC
2026-06-08144Filing for proposed sale of securities under Rule 144.SEC
2026-06-054Statement of changes in beneficial ownership of securities2026-06-04SEC
2026-06-054Statement of changes in beneficial ownership of securities2026-06-04SEC
2026-06-054Statement of changes in beneficial ownership of securities2026-06-04SEC
2026-06-054Statement of changes in beneficial ownership of securities2026-06-04SEC
2026-06-054Statement of changes in beneficial ownership of securities2026-06-04SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100542.76K1
2026-100000
2026-09001.03M2
2026-0800177.01K1
2026-0700175.36K1
2026-06002.55M5
2026-051.07M1521.03K1
2026-04001.87M3
2026-03001.80M4
2026-020000
2026-0100721.64K3
2025-1200308.18K2
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.1.87%
STATE STREET CORP1.69%
AQR CAPITAL MANAGEMENT LLC1.66%
VANGUARD PORTFOLIO MANAGEMENT LLC1.35%
VANGUARD CAPITAL MANAGEMENT LLC1.34%
FIRST TRUST ADVISORS LP1.01%
PRICE T ROWE ASSOCIATES INC /MD/0.95%
FMR LLC0.91%
Stephens Investment Management Group LLC0.90%
DIMENSIONAL FUND ADVISORS LP0.88%

Funds

Fund% owned
State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF1.13%
VANGUARD TOTAL STOCK MARKET INDEX FUND0.95%
First Trust RBA American Industrial Renaissance ETF0.77%
VANGUARD SMALL-CAP INDEX FUND0.69%
Invesco Aerospace & Defense ETF0.67%
T. Rowe Price New Horizons Fund, Inc.0.41%
SMALLCAP World Fund Inc0.41%
VANGUARD EXPLORER FUND0.40%
VANGUARD SMALL-CAP GROWTH INDEX FUND0.40%
VANGUARD EXTENDED MARKET INDEX FUND0.33%

OakChart. DRS. Cached 15 minutes.