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Leonardo DRS Inc. Common Stock

Industrials US DRS

28.54USD
0.25(0.88%)

Last update at 2024-08-30T20:00:00Z

Day Range

28.1628.57
LowHigh

52 Week Range

14.8324.84
LowHigh

Fundamentals

  • Previous Close 28.29
  • Market Cap6257.52M
  • Volume327727
  • P/E Ratio33.97
  • Dividend Yield-%
  • EBITDA345.00M
  • Revenue TTM2945.00M
  • Revenue Per Share TTM11.23
  • Gross Profit TTM 575.00M
  • Diluted EPS TTM0.70

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 525.00M 200.00M 112.00M 95.00M -17.00000M
Minority interest - - - - -
Net income 405.00M 154.00M 85.00M 75.00M -10.00000M
Selling general administrative 357.00M 293.00M 283.00M 277.00M 268.00M
Selling and marketing expenses - - - - -
Gross profit 575.00M 547.00M 494.00M 459.00M 414.00M
Reconciled depreciation 65.00M 58.00M 53.00M 51.00M 128.00M
Ebit 561.00M 236.00M 181.00M 163.00M 41.00M
Ebitda 624.00M 293.00M 229.00M 211.00M 169.00M
Depreciation and amortization 63.00M 57.00M 48.00M 48.00M 128.00M
Non operating income net other -2.00000M - - - -
Operating income 561.00M 236.00M 181.00M 163.00M 45.00M
Other operating expenses 2132.00M 2643.00M 2597.00M 2551.00M 2288.00M
Interest expense 34.00M 35.00M 64.00M 65.00M 58.00M
Tax provision 120.00M -4.87500M 27.00M 20.00M -7.00000M
Interest income 34.00M 0.06M 0.16M 0.13M 0.12M
Net interest income -34.00000M -35.00000M -64.00000M -65.00000M -58.00000M
Extraordinary items - 0.00000M 0.00000M -0.11500M -0.40400M
Non recurring - - - - -
Other items - - - - -
Income tax expense 120.00M 46.00M 27.00M 20.00M -7.00000M
Total revenue 2693.00M 2879.00M 2778.00M 2714.00M 2333.00M
Total operating expenses 14.00M 311.00M 313.00M 296.00M 369.00M
Cost of revenue 2118.00M 2332.00M 2284.00M 2255.00M 1919.00M
Total other income expense net -36.00000M -36.00000M -69.00000M -68.00000M -4.00000M
Discontinued operations - - - - -
Net income from continuing ops 405.00M 154.00M 85.00M 75.00M -10.00000M
Net income applicable to common shares 405.00M 154.00M 85.00M 75.00M -10.00000M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 4039.00M 3677.00M 3069.00M 2956.00M 2888.00M
Intangible assets 151.00M 172.00M 52.00M 60.00M 69.00M
Earning assets - - - - -
Other current assets 63.00M 24.00M 22.00M 33.00M 36.00M
Total liab 1714.00M 1550.00M 1476.00M 1529.00M 1869.00M
Total stockholder equity 2325.00M 2127.00M 1593.00M 1427.00M 1019.00M
Deferred long term liab - - - - -
Other current liab 265.00M 323.00M 271.00M 245.00M 213.00M
Common stock 3.00M 3.00M 2.00M 1.00M 1.00M
Capital stock 3.00M 3.00M 1.00M 1.00M 1.00M
Retained earnings -2806.00000M -2974.00000M -2983.00000M -3137.00000M -3222.00000M
Other liab - - 62.00M 99.00M 124.00M
Good will 1238.00M 1236.00M 1071.00M 1057.00M 1057.00M
Other assets - 158.00M 82.00M 108.00M 163.00M
Cash 467.00M 306.00M 240.00M 61.00M 85.00M
Cash and equivalents - 306.00M 78.75M 36.29M 13.75M
Total current liabilities 1078.00M 1042.00M 989.00M 975.00M 1001.00M
Current deferred revenue 335.00M 233.00M 174.00M 177.00M 175.00M
Net debt 30.00M 88.00M 250.00M 469.00M 736.00M
Short term debt 80.00M 29.00M 65.00M 75.00M 77.00M
Short long term debt 57.00M 29.00M 41.00M 53.00M 56.00M
Short long term debt total 497.00M 394.00M 490.00M 530.00M 821.00M
Other stockholder equity 5175.00M 5147.00M 4632.00M 4633.00M 4333.00M
Property plant equipment - 404.00M 448.00M 443.00M 348.00M
Total current assets 1918.00M 1707.00M 1389.00M 1263.00M 1251.00M
Long term investments - - - - -
Net tangible assets - 719.00M 470.00M 310.00M -107.00000M
Short term investments - - 0.08M 0.00700M 0.00900M
Net receivables 1059.00M 1038.00M 899.00M 889.00M 902.00M
Long term debt 349.00M 365.00M 352.00M 374.00M 656.00M
Inventory 329.00M 319.00M 205.00M 247.00M 209.00M
Accounts payable 398.00M 457.00M 479.00M 478.00M 536.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -47.00000M -49.00000M -58.00000M -70.00000M -93.00000M
Additional paid in capital - - - - -
Common stock total equity - 3.00M - - -
Preferred stock total equity - - - - -
Retained earnings total equity - -2974.00000M - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 11.00M 92.00M 137.00M 134.00M 141.00M
Deferred long term asset charges - - - - -
Non current assets total 2121.00M 1970.00M 1680.00M 1693.00M 1637.00M
Capital lease obligations 91.00M 93.00M 97.00M 103.00M 109.00M
Long term debt total - 365.00M 0.00000M 0.00000M 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 436.00M -2.00000M -4.00000M -4.00000M -4.00000M
Change to liabilities -12.00000M -2.00000M -56.00000M 217.00M 16.00M
Total cashflows from investing activities 436.00M 39.00M -70.00000M -151.00000M -46.00000M
Net borrowings -2.00000M -38.00000M -76.00000M 1.00M -17.00000M
Total cash from financing activities -403.00000M -38.00000M -80.00000M -1.00000M -30.00000M
Change to operating activities 28.00M 20.00M 18.00M -8.00000M 2.00M
Net income 405.00M 154.00M 85.00M 75.00M -10.00000M
Change in cash 66.00M 179.00M -24.00000M 6.00M 27.00M
Begin period cash flow 240.00M 61.00M 85.00M 79.00M 52.00M
End period cash flow 306.00M 240.00M 61.00M 85.00M 79.00M
Total cash from operating activities 33.00M 178.00M 125.00M 157.00M 105.00M
Issuance of capital stock - - - - -
Depreciation 65.00M 58.00M 53.00M 51.00M 128.00M
Other cashflows from investing activities 501.00M 115.00M -15.00000M -100.00000M -100.00000M
Dividends paid -396.00000M - - - -
Change to inventory -33.00000M 42.00M -38.00000M -36.00000M 42.00M
Change to account receivables -1.00000M -54.00000M -35.00000M 9.00M 44.00M
Sale purchase of stock - 55.94M 23.53M 1.50M 13.05M
Other cashflows from financing activities 985.00M 912.00M 1090.00M 894.00M 530.00M
Change to netincome -355.00000M 31.00M 33.00M 15.00M 5.00M
Capital expenditures 65.00M 60.00M 56.00M 55.00M 40.00M
Change receivables -1.00000M - - - -
Cash flows other operating -36.00000M - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes 66.00M - - - -
Change in working capital -82.00000M -65.00000M -46.00000M 16.00M -18.00000M
Stock based compensation - - - - -
Other non cash items -349.00000M - 3.00M 3.00M 8.00M
Free cash flow -32.00000M 118.00M 69.00M 102.00M 65.00M

Peer Comparison

Sector: Industrials Industry: Aerospace & Defense

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
DRS
Leonardo DRS Inc. Common Stock
0.25 0.88% 28.54 33.97 16.98 1.92 2.33 1.93 17.40
EADSY
Airbus Group NV
-0.49 1.26% 38.30 27.76 21.51 1.93 7.21 1.79 13.93
EADSF
Airbus Group SE
-2.8 1.79% 153.70 27.24 21.28 1.91 7.14 1.79 13.93
RTX
Raytheon Technologies Corp
1.05 0.86% 123.34 38.65 15.77 1.77 1.69 2.22 16.02
BA
The Boeing Company
1.48 0.86% 173.74 - 222.22 1.34 - 1.81 60.73

Reports Covered

Stock Research & News

Profile

Leonardo DRS, Inc., together with its subsidiaries, provides defense electronic products and systems, and military support services. It operates through Advanced Sensing and Computing (ASC) segment, and Integrated Mission Systems (IMS) segments. The ASC segment designs, develops, and manufacture sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution; and offers sensing capabilities span applications, such as missions requiring advanced detection, precision targeting and surveillance sensing, long range electro-optic/infrared, signals intelligence, and other intelligence systems including electronic warfare, ground vehicle sensing, active electronically scanned array tactical radars, dismounted soldier, and space sensing. This segment also provides network computing, which are utilized across a range of mission applications including platform computing on ground and shipboard for advanced battle management, combat systems, radar, command and control, tactical networks, tactical computing, and communications. The IMS segment designs, develops, manufacture, and integrates power conversion, control, and distribution systems, ship propulsion systems, motors and variable frequency drives, force protection systems, transportation, and logistics systems for the U.S. and allied defense customers. This segment also offers electrical propulsion systems, which includes power conversion, control, distribution, and propulsion systems, as well as power dense permanent magnet motors, energy storage systems and associated efficient, rugged, and compact power conversion, electrical actuation systems, as well as cooling technologies; and motor controllers, instrumentation and control equipment, electrical actuation systems, and thermal management systems. The company was incorporated in 1968 and is based in Arlington, Virginia. Leonardo DRS, Inc. operates as a subsidiary of Leonardo S.p.A.

Leonardo DRS Inc. Common Stock

2345 Crystal Drive, Arlington, VA, United States, 22202

Key Executives

Name Title Year Born
Mr. William J. Lynn III Chairman & CEO 1954
Mr. Michael Dippold Exec. VP & CFO 1981
Mr. John A. Baylouny Exec. VP & COO 1961
Mr. Mark A. Dorfman Exec. VP, Gen. Counsel & Sec. 1974
Ms. Sally A. Wallace Exec. VP of Operations 1967
Dr. Philip Perconti Chief Technology Officer NA
Mr. Michael Mount VP of Communications NA
Mr. Roger Nicholas Sexauer II Exec. VP of Corp. Bus. Devel. 1958
Mr. Michael Coulter Sr. VP of Corp. Bus. Devel. & Pres of International NA
Ms. Tami E. Gesiskie Sr. VP of HR NA

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