Leonardo DRS, Inc.

DRS

DRSLeonardo DRS, Inc. US flag

NASDAQ Global Select

45.88

USD

+0.42

- -

12.24BMarket Cap

Income Statement (USD)

API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	2,333	2,714	2,778	2,879	2,693	2,826	3,234	3,648
+ Sales & Services Revenue	2,333	2,714	2,778	2,879	2,693	2,826	3,234	3,648
- Cost of Revenue	1,919	2,255	2,284	2,332	2,118	2,178	2,498	2,779
+ Cost of Goods & Services	1,919	2,255	2,284	2,332	2,118	2,178	2,498	2,779
Gross Profit	414	459	494	547	575	648	736	869
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	369	296	313	311	14	417	443	521
+ Selling, General & Admin	268	277	283	293	357	384	414	497
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	101	19	30	18	-343	33	29	24
Operating Income (Loss)	45	163	181	236	561	231	293	348
- Non-Operating (Income) Loss	62	68	69	36	36	39	29	12
+ Interest Expense, Net	58	65	64	35	34	36	21	8
+ Interest Expense	58	65	64	35	34	36	21	8
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	4	3	5	1	2	3	8	4
Pretax Income	-17	95	112	200	525	192	264	336
- Income Tax Expense (Benefit)	-7	20	27	46	120	24	51	58
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-10	75	85	154	405	168	213	278
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-10	75	85	154	405	168	213	278
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-10	75	85	154	405	168	213	278
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-10	75	85	154	405	168	213	278
EBIT	45	163	181	236	561	231	293	348
EBITDA	173	214	234	294	626	316	384	441
EBITDA Margin (%)	7.42	7.89	8.42	10.21	23.25	11.18	11.87	12.09
EBITA	45	163	181	236	561	231	293	348
Gross Margin (%)	17.75	16.91	17.78	19	21.35	22.93	22.76	23.82
Operating Margin (%)	1.93	6.01	6.52	8.2	20.83	8.17	9.06	9.54
Profit Margin (%)	-0.43	2.76	3.06	5.35	15.04	5.94	6.59	7.62
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	1.84	- -	- -	0.36
Depreciation Expense	128	51	53	58	65	85	91	93
Basic Weighted Avg Shares	145	145	145	145	215	262	263	265
Basic EPS, GAAP	-0.07	0.52	0.59	1.06	1.88	0.64	0.81	1.05
Basic EPS from Cont Ops	-0.07	0.52	0.59	1.06	1.88	0.64	0.81	1.05
Diluted Weighted Avg Shares	145	145	145	145	215	264	268	269
Diluted EPS, GAAP	-0.07	0.52	0.59	1.06	1.88	0.64	0.8	1.03
Diluted EPS from Cont Ops	-0.07	0.52	0.59	1.06	1.88	0.64	0.8	1.03

Balance Sheet (USD)

API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	- -	1,251	1,263	1,389	1,707	1,918	2,163	2,326
+ Cash, Cash Equivalents & STI	- -	85	61	240	306	467	598	647
+ Cash & Cash Equivalents	- -	85	61	240	306	467	598	647
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	902	889	899	1,038	1,059	1,125	1,265
+ Accounts Receivable, Net	- -	66	102	156	166	151	253	334
+ Notes Receivable, Net	- -	100	115	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	736	672	743	872	908	872	931
+ Inventories	- -	209	247	205	319	329	358	352
+ Raw Materials	- -	50	52	43	83	66	86	112
+ Work In Process	- -	157	193	161	224	254	264	225
+ Finished Goods	- -	2	2	1	12	9	8	15
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	55	66	45	44	63	82	62
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	1,637	1,693	1,680	1,970	2,003	2,021	2,160
+ Property, Plant & Equip, Net	- -	253	355	364	404	402	440	512
+ Property, Plant & Equip	- -	634	756	801	846	873	965	1,088
- Accumulated Depreciation	- -	381	401	437	442	471	525	576
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	1,384	1,338	1,316	1,566	1,601	1,581	1,648
+ Total Intangible Assets	- -	1,126	1,117	1,123	1,408	1,389	1,370	1,350
+ Goodwill	- -	1,057	1,057	1,071	1,236	1,238	1,238	1,238
+ Other Intangible Assets	- -	69	60	52	172	151	132	112
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	258	221	193	158	212	211	298
Total Assets	- -	2,888	2,956	3,069	3,677	3,921	4,184	4,486
+ Payables & Accruals	- -	613	539	549	551	517	525	446
+ Accounts Payable	- -	536	478	479	457	398	426	351
+ Accrued Taxes	- -	- -	- -	- -	31	46	24	10
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	77	61	70	63	73	75	85
+ ST Debt	- -	77	75	65	54	80	52	54
+ ST Borrowings	- -	56	53	41	29	57	25	26
+ ST Finance Leases	- -	21	22	24	25	23	27	28
+ Other ST Liabilities	- -	311	361	375	437	481	539	731
+ Deferred Revenue	- -	175	177	174	233	335	399	585
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	136	184	201	204	146	140	146
Total Current Liabilities	- -	1,001	975	989	1,042	1,078	1,116	1,231
+ LT Debt	- -	744	455	425	433	417	406	416
+ LT Borrowings	- -	656	374	352	365	349	340	321
+ LT Finance Leases	- -	88	81	73	68	68	66	95
+ Other LT Liabilities	- -	124	99	62	75	101	105	109
+ Accrued Liabilities	- -	- -	- -	- -	- -	4	7	3
+ Pension Liabilities	- -	119	88	61	45	36	34	35
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	5	11	1	30	61	64	71
Total Noncurrent Liabilities	- -	868	554	487	508	518	511	525
Total Liabilities	- -	1,869	1,529	1,476	1,550	1,596	1,627	1,756
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	4,334	4,634	4,634	5,150	5,178	5,197	5,086
+ Common Stock	- -	1	1	2	3	3	3	3
+ Additional Paid in Capital	- -	4,333	4,633	4,632	5,147	5,175	5,194	5,083
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	- -	-3,222	-3,137	-2,983	-2,974	-2,806	-2,593	-2,315
+ Other Equity	- -	-93	-70	-58	-49	-47	-47	-41
Equity Before Minority Interest	- -	1,019	1,427	1,593	2,127	2,325	2,557	2,730
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	- -	1,019	1,427	1,593	2,127	2,325	2,557	2,730
Total Liabilities & Equity	- -	2,888	2,956	3,069	3,677	3,921	4,184	4,486
Shares Outstanding	- -	145	145	145	260	263	265	266
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	109	103	97	93	91	93	123
Net Debt	- -	627	366	153	88	-61	-233	-300
Net Debt to Equity	- -	61.53	25.65	9.6	4.14	-2.62	-9.11	-10.99
Tangible Common Equity Ratio	- -	-6.07	16.86	24.15	31.69	36.97	42.18	44.01
Current Ratio	- -	1.25	1.3	1.4	1.64	1.78	1.94	1.89
Cash Conversion Cycle	- -	-18.35	-32.22	-24.54	-9.56	3.45	13.48	24.86

Cash Flow Statement (USD)

API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	-10	75	85	154	405	168	213	278
+ Depreciation & Amortization	128	51	53	58	65	85	91	93
+ Non-Cash Items	5	15	33	31	-355	-34	46	60
+ Stock-Based Compensation	- -	- -	- -	- -	5	17	22	32
+ Deferred Income Taxes	-3	12	30	31	-6	-52	23	28
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	8	3	3	- -	-354	1	1	- -
+ Chg in Non-Cash Work Cap	-18	16	-46	-65	-82	-14	-79	-65
+ (Inc) Dec in Accts Receiv	-78	-157	30	-125	-135	-21	-66	-140
+ (Inc) Dec in Inventories	42	-36	-38	42	-33	-10	-29	6
+ (Inc) Dec in Prepaid Assets	-4	-2	-14	10	-1	-1	-6	1
+ Inc (Dec) in Accts Payable	83	156	-58	1	-14	-59	15	-79
+ Inc (Dec) in Other	-61	55	34	7	101	77	7	147
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	105	157	125	178	33	205	271	366
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	12	16	-26
+ Increase in Capital Stock	- -	- -	- -	- -	- -	12	16	9
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	-35
+ Net Change in LT Investment	- -	- -	-4	-2	- -	- -	- -	-15
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	-4	-2	- -	- -	- -	-15
+ Net Cash From Acq & Div	-6	-4	- -	-14	501	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	501	- -	- -	- -
+ Cash for Acq of Subs	-6	-4	- -	-14	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-40	-147	-66	55	-65	-59	-84	-139
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-46	-151	-70	39	436	-59	-84	-154
+ Dividends Paid	- -	- -	- -	- -	-396	- -	- -	-96
+ Net Cash From Debt	-28	-15	-65	-20	6	-12	-11	-11
+ Cash From Debt	532	880	1,105	930	998	715	280	- -
+ Repayments of Debt	-560	-895	-1,170	-950	-992	-727	-291	-11
+ Other Financing Activities	-2	14	-15	-18	-13	15	-61	-30
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-30	-1	-80	-38	-403	15	-56	-163
Effect of Foreign Exchange Rates	-2	1	1	- -	- -	- -	- -	- -
Net Changes in Cash	29	5	-25	179	66	161	131	49
EBITDA	173	214	234	294	626	316	384	441
EBITDA Margin (%)	7.42	7.89	8.42	10.21	23.25	11.18	11.87	12.09
Free Cash Flow	105	157	125	178	33	205	271	366
Net Cash Paid for Acquisitions	6	4	- -	14	-501	- -	- -	- -
Free Cash Flow to Firm	- -	208	174	205	59	236	288	373
Free Cash Flow to Equity	- -	142	60	158	39	193	260	355
Free Cash Flow per Basic Share	0.72	1.08	0.86	1.23	0.15	0.78	1.03	1.38
Price/Free Cash Flow	3.56	4.79	11.31	7.67	83.32	25.82	31.92	25.03
Cash Flow to Net Income	-10.5	2.09	1.47	1.16	0.08	1.22	1.27	1.32
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -