Leonardo DRS, Inc. (NASDAQ:DRS – Get Free Report) declared a quarterly dividend on Thursday, October 29th. Shareholders of record on Thursday, November 12th will be given a dividend of $0.09 per share on Wednesday, November 25th. This represents a $0.36 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 12th.
Leonardo DRS has a payout ratio of 28.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Leonardo DRS to earn $1.46 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 24.7%.
Leonardo DRS Stock Performance
Shares of NASDAQ:DRS traded up $4.14 during trading on Thursday, hitting $39.64. 2,301,858 shares of the company were exchanged, compared to its average volume of 1,082,757. The stock has a 50 day moving average of $36.83 and a 200 day moving average of $42.20. The company has a market cap of $10.58 billion, a PE ratio of 33.31, a P/E/G ratio of 2.08 and a beta of 0.32. Leonardo DRS has a 52-week low of $32.43 and a 52-week high of $50.59. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.92 and a quick ratio of 1.56.
Leonardo DRS (NASDAQ:DRS – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.11. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.03 billion. Leonardo DRS had a return on equity of 12.97% and a net margin of 8.52%. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the company earned $0.29 earnings per share. As a group, equities research analysts predict that Leonardo DRS will post 1.39 EPS for the current year.
More Leonardo DRS News
Here are the key news stories impacting Leonardo DRS this week:
- Positive Sentiment: Q3 earnings and revenue beat estimates: Adjusted earnings per share rose 59% year over year to $0.46, above the $0.35-$0.36 consensus range. Revenue increased 11% to $1.066 billion, surpassing expectations of approximately $1.03 billion. Leonardo DRS Q3 adjusted EPS report
- Positive Sentiment: Profitability improved substantially: Net earnings climbed 60% to $115 million, while adjusted EBITDA increased 27% to $149 million. The adjusted EBITDA margin expanded to 14.0% from 12.2%, supported by favorable business mix, higher volume and execution gains. Leonardo DRS third-quarter results
- Positive Sentiment: Backlog and bookings reached records: Quarterly bookings totaled $1.639 billion, producing a 1.5x book-to-bill ratio. Funded backlog rose 21% year over year to $5.64 billion, improving visibility into future revenue from naval power and propulsion, tactical radar, force protection and space-sensing programs.
- Positive Sentiment: 2026 guidance was raised: Leonardo DRS now expects revenue of $3.95-$3.985 billion, adjusted EBITDA of $545-$555 million and adjusted diluted EPS of $1.50-$1.53, all above prior guidance. The company also declared a quarterly dividend of $0.09 per share.
- Neutral Sentiment: Investor considerations: The pending Raft acquisition is excluded from guidance, so its potential contribution and integration effects remain uncertain.
- Negative Sentiment: Cash generation was weaker in the quarter: Free cash flow declined to $61 million from $77 million a year earlier, and cash on hand fell to $294 million from $647 million at year-end 2025. Management attributed the quarterly pressure mainly to working-capital investment, although year-to-date operating cash flow remained ahead of the prior year.
About Leonardo DRS
Leonardo DRS, Inc is a defense technology company that develops and supplies advanced products and systems for the U.S. military and government customers, as well as allied nations. The company operates as a subsidiary of Leonardo S.p.A. and focuses on technologies used in land, sea, air and space-related defense applications.
Its offerings include sensing and surveillance systems, electro-optical and infrared technologies, radar and electronic warfare products, network computing and communications systems, counter-uncrewed aircraft systems, force protection equipment, and naval power and propulsion systems.
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