Leonardo DRS, Inc.

DRS

DRSLeonardo DRS, Inc. US flag

NASDAQ Global Select

45.46

USD

+1.05

- -

12.13BMarket Cap

Profitability (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

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	5.19	2.91	5.11	12.01	4.42	5.26	6.41
Return on Capital (%)	- -	-10.53	-5.34	-7.1	-17.34	-8.33	-10.36	-14.32
Return on Invested Capital (%)	- -	14	7.24	9	18.32	7.34	8.01	9.22
Gross Margin (%)	17.75	16.91	17.78	19	21.35	22.93	22.76	23.82
EBITDA Margin (%)	7.42	7.89	8.42	10.21	23.25	11.18	11.87	12.09
Operating Margin (%)	1.93	6.01	6.52	8.2	20.83	8.17	9.06	9.54
Incremental Operating Margin (%)	- -	30.97	28.12	54.46	-174.73	-248.12	15.2	13.29
Pretax Margin (%)	-0.73	3.5	4.03	6.95	19.49	6.79	8.16	9.21
Profit Margin (%)	-0.43	2.76	3.06	5.35	15.04	5.94	6.59	7.62
Net Income to Common Margin (%)	-0.43	2.76	3.06	5.35	15.04	5.94	6.59	7.62
Effective Tax Rate (%)	- -	21.05	24.11	23	22.86	12.5	19.32	17.26
Dvd Payout Ratio (%)	- -	- -	- -	- -	97.78	- -	- -	34.53
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -

Credit (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 Debt	- -	821	530	490	487	497	458	470
ST Debt	- -	77	75	65	54	80	52	54
LT Debt	- -	744	455	425	433	417	406	416
Total Debt/EBITDA	- -	3.84	2.26	1.67	0.78	1.57	1.19	1.07
Net Debt/EBITDA	- -	2.93	1.56	0.52	0.14	-0.19	-0.61	-0.68
Total Debt/EBIT	- -	5.04	2.93	2.08	0.87	2.15	1.56	1.35
Net Debt/EBIT	- -	3.85	2.02	0.65	0.16	-0.26	-0.8	-0.86
EBITDA to Interest Expense	2.98	3.29	3.66	8.4	18.41	8.78	18.29	55.12
EBITDA-CapEx/Interest Expense	2.98	3.29	3.66	8.4	18.41	8.78	18.29	55.12
EBIT to Interest Expense	0.78	2.51	2.83	6.74	16.5	6.42	13.95	43.5
Interest Expense	58	65	64	35	34	36	21	8
Common Equity/Total Assets	- -	-111.53	-106.09	-97.13	-80.8	-71.49	-61.9	-51.54
Long-Term Debt/Equity (%)	- -	73.01	31.89	26.68	20.36	17.94	15.88	15.24
Long-Term Debt/Capital (%)	- -	-31	-17.46	-17.06	-17.43	-18.08	-19.04	-22.58
Long-Term Debt/Total Assets (%)	- -	25.76	15.39	13.85	11.78	10.64	9.7	9.27
Total Debt/Equity (%)	- -	80.57	37.14	30.76	22.9	21.38	17.91	17.22
Total Debt/Capital (%)	- -	-34.21	-20.34	-19.67	-19.61	-21.55	-21.48	-25.52
Total Debt/Total Assets (%)	- -	28.43	17.93	15.97	13.24	12.68	10.95	10.48
Net Debt to Equity	- -	61.53	25.65	9.6	4.14	-2.62	-9.11	-10.99
Net Debt/Capital (%)	- -	-25.23	-13.72	-5.6	-3.15	2.2	8.53	12.05
EBITDA	173	214	234	294	626	316	384	441
EBITDA-CapEx	173	214	234	294	626	316	384	441
Operating Income (Loss)	45	163	181	236	561	231	293	348

Liquidity (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

Cash Ratio	- -	0.08	0.06	0.24	0.29	0.43	0.54	0.53
Current Ratio	- -	1.25	1.3	1.4	1.64	1.78	1.94	1.89
Quick Ratio	- -	0.99	0.97	1.15	1.29	1.42	1.54	1.55
CFO/Avg Current Liab	- -	0.31	0.13	0.18	0.03	0.19	0.25	0.31
Common Equity/Total Assets	- -	-111.53	-106.09	-97.13	-80.8	-71.49	-61.9	-51.54
Long-Term Debt/Equity (%)	- -	73.01	31.89	26.68	20.36	17.94	15.88	15.24
Long-Term Debt/Capital (%)	- -	-31	-17.46	-17.06	-17.43	-18.08	-19.04	-22.58
Long-Term Debt/Total Assets (%)	- -	25.76	15.39	13.85	11.78	10.64	9.7	9.27
Total Debt/Equity (%)	- -	80.57	37.14	30.76	22.9	21.38	17.91	17.22
Total Debt/Capital (%)	- -	-34.21	-20.34	-19.67	-19.61	-21.55	-21.48	-25.52
Total Debt/Total Assets (%)	- -	28.43	17.93	15.97	13.24	12.68	10.95	10.48
CFO/Total Liabilities	- -	8.4	8.18	12.06	2.13	12.84	16.66	20.84
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	-0.3	0.19	0.54	1.58	2.24	3.78	4

Working Capital (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

Accounts Receivable Turnover	- -	82.24	33.07	22.32	16.73	17.83	16.01	12.43
Days Sales Outstanding	- -	4.44	11.04	16.35	21.82	20.47	22.8	29.37
Inventory Turnover	- -	21.58	10.02	10.32	8.08	6.72	7.27	7.83
Days Inventory Outstanding	- -	16.91	36.44	35.37	45.15	54.3	50.19	46.63
Accounts Payable Turnover	- -	9.19	4.58	4.79	4.77	5.12	6.13	7.14
Accounts Payable Turnover Days	- -	39.7	79.7	76.27	76.53	71.32	59.51	51.14
Cash Conversion Cycle	- -	-18.35	-32.22	-24.54	-9.56	3.45	13.48	24.86
Inventory to Cash Days	- -	-12.48	-25.4	-19.02	-23.33	-33.83	-27.39	-17.26
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
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (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

Market Capitalization	374	753	1,414	1,366	2,749	5,260	8,496	9,026
- Cash & Cash Equivalents	- -	85	61	240	306	467	598	647
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	821	530	490	487	497	458	470
Enterprise Value	374	1,489	1,883	1,616	2,930	5,290	8,356	8,849
Total Capital	- -	-2,400	-2,606	-2,491	-2,484	-2,306	-2,132	-1,842
Total Debt/Capital (%)	- -	-34.21	-20.34	-19.67	-19.61	-21.55	-21.48	-25.52
Total Debt / EV	- -	0.55	0.28	0.3	0.17	0.09	0.05	0.05
EV/Sales	0.16	0.55	0.68	0.56	1.09	1.87	2.58	2.43
EV/EBITDA	2.16	6.96	8.05	5.5	4.68	16.74	21.76	20.07
EV/EBIT	8.31	9.13	10.4	6.85	5.22	22.9	28.52	25.43
EV/Cash Flow to Firm	2.69	7.15	10.85	7.88	49.48	22.37	29.02	23.75
EV/Free Cash Flow to Firm	2.69	7.15	10.85	7.88	49.48	22.37	29.02	23.75
Diluted Market Cap	374	753	1,414	1,366	2,749	5,294	8,650	9,161
Diluted Enterprise Value	374	1,489	1,883	1,616	2,930	5,324	8,510	8,984
EV per Share	2.58	10.27	12.98	11.14	13.62	20.15	31.78	33.42
TTM Sales	2,333	2,714	2,778	2,879	2,693	2,826	3,234	3,648
TTM EBITDA	173	214	234	294	626	316	384	441
TTM Operating Income	45	163	181	236	561	231	293	348
TTM Cash Flow to Firm	139	208	174	205	59	236	288	373
TTM Free Cash Flow to Firm	139	208	174	205	59	236	288	373

Multiples (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

Price/Free Cash Flow	3.56	4.79	11.31	7.67	83.32	25.82	31.92	25.03
EV/EBIT	8.31	9.13	10.4	6.85	5.22	22.9	28.52	25.43
Enterprise Value	374	1,489	1,883	1,616	2,930	5,290	8,356	8,849
Low Price	1.77	2.51	2.05	8.2	7.51	10.8	18.6	28.17
EV/Sales	0.16	0.55	0.68	0.56	1.09	1.87	2.58	2.43
EV/EBITDA	2.16	6.96	8.05	5.5	4.68	16.74	21.76	20.07
Price/Earnings	- -	10.03	16.63	8.87	6.79	31.31	39.89	32.47
Price/Earnings Average	-38.57	7.56	10.4	10.71	6	25.08	32.07	36.65
Price/Earnings High	-46.4	11.21	18.25	13.94	8.87	32.73	46.9	46.96
Price/Earnings Low	-25.66	4.85	3.5	7.72	3.99	16.88	22.96	26.83
Price/Book Value	- -	-0.23	-0.45	-0.46	-0.93	-1.88	-3.28	-3.9
Price/Book Value Average	- -	-0.18	-0.28	-0.55	-0.82	-1.5	-2.64	-4.41
Price/Book Value High	- -	-0.26	-0.49	-0.72	-1.21	-1.96	-3.86	-5.65
Price/Book Value Low	- -	-0.11	-0.09	-0.4	-0.54	-1.01	-1.89	-3.23
Price/Tangible Book Value	- -	-7.03	4.56	2.91	3.82	5.62	7.16	6.54
Price/Tangible Book Value Average	- -	-5.3	2.85	3.51	3.38	4.5	5.75	7.38
Price/Tangible Book Value High	- -	-7.86	5	4.57	5	5.88	8.42	9.46
Price/Tangible Book Value Low	- -	-3.4	0.96	2.53	2.25	3.03	4.12	5.4
Price/Sales	0.16	0.28	0.51	0.47	1.02	1.86	2.63	2.47
Price/Sales Average	0.17	0.21	0.32	0.57	0.9	1.49	2.11	2.79
Price/Sales High	0.2	0.31	0.56	0.75	1.33	1.95	3.09	3.58
Price/Sales Low	0.11	0.13	0.11	0.41	0.6	1	1.51	2.04
Price/Cash Flow	3.56	4.79	11.31	7.67	83.32	25.66	31.35	24.66
Price/Cash Flow Average	3.67	3.61	7.07	9.27	73.63	20.55	25.21	27.84
Price/Cash Flow High	4.42	5.36	12.41	12.06	108.87	26.83	36.86	35.67
Price/Cash Flow Low	2.44	2.32	2.38	6.68	48.96	13.83	18.05	20.38
Price/Free Cash Flow Average	3.67	3.61	7.07	9.27	73.63	20.68	25.66	28.25
Price/Free Cash Flow High	4.42	5.36	12.41	12.06	108.87	27	37.53	36.2
Price/Free Cash Flow Low	2.44	2.32	2.38	6.68	48.96	13.92	18.38	20.68
EV/Sales Average	0.17	0.48	0.49	0.66	0.97	1.5	2.07	2.74
EV/Sales High	0.2	0.58	0.73	0.83	1.4	1.96	3.05	3.53
EV/Sales Low	0.11	0.41	0.28	0.5	0.67	1.01	1.47	2
EV/EBITDA Average	2.23	6.09	5.78	6.46	4.17	13.43	17.42	22.7
EV/EBITDA High	2.68	7.37	8.63	8.15	6.03	17.5	25.65	29.2
EV/EBITDA Low	1.48	5.14	3.27	4.89	2.87	9.07	12.37	16.51
EV/EBIT Average	8.57	8	7.47	8.05	4.65	18.37	22.83	28.77
EV/EBIT High	10.31	9.67	11.16	10.15	6.73	23.94	33.62	37.01
EV/EBIT Low	5.7	6.75	4.23	6.1	3.2	12.4	16.22	20.92
Last Price	2.58	5.19	9.75	9.42	12.78	20.04	32.31	34.09
High Price	3.2	5.8	10.7	14.8	16.7	20.95	37.99	49.31
Enterprise Value Average	386	1,303	1,353	1,900	2,611	4,243	6,691	10,012
Enterprise Value High	464	1,577	2,020	2,396	3,774	5,529	9,850	12,878
Enterprise Value Low	257	1,100	766	1,439	1,797	2,865	4,751	7,281

Profitability (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

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	5.19	2.91	5.11	12.01	4.42	5.26	6.41
Return on Capital (%)	- -	-10.53	-5.34	-7.1	-17.34	-8.33	-10.36	-14.32
Return on Invested Capital (%)	- -	14	7.24	9	18.32	7.34	8.01	9.22
Gross Margin (%)	17.75	16.91	17.78	19	21.35	22.93	22.76	23.82
EBITDA Margin (%)	7.42	7.89	8.42	10.21	23.25	11.18	11.87	12.09
Operating Margin (%)	1.93	6.01	6.52	8.2	20.83	8.17	9.06	9.54
Incremental Operating Margin (%)	- -	30.97	28.12	54.46	-174.73	-248.12	15.2	13.29
Pretax Margin (%)	-0.73	3.5	4.03	6.95	19.49	6.79	8.16	9.21
Profit Margin (%)	-0.43	2.76	3.06	5.35	15.04	5.94	6.59	7.62
Net Income to Common Margin (%)	-0.43	2.76	3.06	5.35	15.04	5.94	6.59	7.62
Effective Tax Rate (%)	- -	21.05	24.11	23	22.86	12.5	19.32	17.26
Dvd Payout Ratio (%)	- -	- -	- -	- -	97.78	- -	- -	34.53
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -

Credit (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 Debt	- -	821	530	490	487	497	458	470
ST Debt	- -	77	75	65	54	80	52	54
LT Debt	- -	744	455	425	433	417	406	416
Total Debt/EBITDA	- -	3.84	2.26	1.67	0.78	1.57	1.19	1.07
Net Debt/EBITDA	- -	2.93	1.56	0.52	0.14	-0.19	-0.61	-0.68
Total Debt/EBIT	- -	5.04	2.93	2.08	0.87	2.15	1.56	1.35
Net Debt/EBIT	- -	3.85	2.02	0.65	0.16	-0.26	-0.8	-0.86
EBITDA to Interest Expense	2.98	3.29	3.66	8.4	18.41	8.78	18.29	55.12
EBITDA-CapEx/Interest Expense	2.98	3.29	3.66	8.4	18.41	8.78	18.29	55.12
EBIT to Interest Expense	0.78	2.51	2.83	6.74	16.5	6.42	13.95	43.5
Interest Expense	58	65	64	35	34	36	21	8
Common Equity/Total Assets	- -	-111.53	-106.09	-97.13	-80.8	-71.49	-61.9	-51.54
Long-Term Debt/Equity (%)	- -	73.01	31.89	26.68	20.36	17.94	15.88	15.24
Long-Term Debt/Capital (%)	- -	-31	-17.46	-17.06	-17.43	-18.08	-19.04	-22.58
Long-Term Debt/Total Assets (%)	- -	25.76	15.39	13.85	11.78	10.64	9.7	9.27
Total Debt/Equity (%)	- -	80.57	37.14	30.76	22.9	21.38	17.91	17.22
Total Debt/Capital (%)	- -	-34.21	-20.34	-19.67	-19.61	-21.55	-21.48	-25.52
Total Debt/Total Assets (%)	- -	28.43	17.93	15.97	13.24	12.68	10.95	10.48
Net Debt to Equity	- -	61.53	25.65	9.6	4.14	-2.62	-9.11	-10.99
Net Debt/Capital (%)	- -	-25.23	-13.72	-5.6	-3.15	2.2	8.53	12.05
EBITDA	173	214	234	294	626	316	384	441
EBITDA-CapEx	173	214	234	294	626	316	384	441
Operating Income (Loss)	45	163	181	236	561	231	293	348

Liquidity (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

Cash Ratio	- -	0.08	0.06	0.24	0.29	0.43	0.54	0.53
Current Ratio	- -	1.25	1.3	1.4	1.64	1.78	1.94	1.89
Quick Ratio	- -	0.99	0.97	1.15	1.29	1.42	1.54	1.55
CFO/Avg Current Liab	- -	0.31	0.13	0.18	0.03	0.19	0.25	0.31
Common Equity/Total Assets	- -	-111.53	-106.09	-97.13	-80.8	-71.49	-61.9	-51.54
Long-Term Debt/Equity (%)	- -	73.01	31.89	26.68	20.36	17.94	15.88	15.24
Long-Term Debt/Capital (%)	- -	-31	-17.46	-17.06	-17.43	-18.08	-19.04	-22.58
Long-Term Debt/Total Assets (%)	- -	25.76	15.39	13.85	11.78	10.64	9.7	9.27
Total Debt/Equity (%)	- -	80.57	37.14	30.76	22.9	21.38	17.91	17.22
Total Debt/Capital (%)	- -	-34.21	-20.34	-19.67	-19.61	-21.55	-21.48	-25.52
Total Debt/Total Assets (%)	- -	28.43	17.93	15.97	13.24	12.68	10.95	10.48
CFO/Total Liabilities	- -	8.4	8.18	12.06	2.13	12.84	16.66	20.84
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	-0.3	0.19	0.54	1.58	2.24	3.78	4

Working Capital (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

Accounts Receivable Turnover	- -	82.24	33.07	22.32	16.73	17.83	16.01	12.43
Days Sales Outstanding	- -	4.44	11.04	16.35	21.82	20.47	22.8	29.37
Inventory Turnover	- -	21.58	10.02	10.32	8.08	6.72	7.27	7.83
Days Inventory Outstanding	- -	16.91	36.44	35.37	45.15	54.3	50.19	46.63
Accounts Payable Turnover	- -	9.19	4.58	4.79	4.77	5.12	6.13	7.14
Accounts Payable Turnover Days	- -	39.7	79.7	76.27	76.53	71.32	59.51	51.14
Cash Conversion Cycle	- -	-18.35	-32.22	-24.54	-9.56	3.45	13.48	24.86
Inventory to Cash Days	- -	-12.48	-25.4	-19.02	-23.33	-33.83	-27.39	-17.26
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
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (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

Market Capitalization	374	753	1,414	1,366	2,749	5,260	8,496	9,026
- Cash & Cash Equivalents	- -	85	61	240	306	467	598	647
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	821	530	490	487	497	458	470
Enterprise Value	374	1,489	1,883	1,616	2,930	5,290	8,356	8,849
Total Capital	- -	-2,400	-2,606	-2,491	-2,484	-2,306	-2,132	-1,842
Total Debt/Capital (%)	- -	-34.21	-20.34	-19.67	-19.61	-21.55	-21.48	-25.52
Total Debt / EV	- -	0.55	0.28	0.3	0.17	0.09	0.05	0.05
EV/Sales	0.16	0.55	0.68	0.56	1.09	1.87	2.58	2.43
EV/EBITDA	2.16	6.96	8.05	5.5	4.68	16.74	21.76	20.07
EV/EBIT	8.31	9.13	10.4	6.85	5.22	22.9	28.52	25.43
EV/Cash Flow to Firm	2.69	7.15	10.85	7.88	49.48	22.37	29.02	23.75
EV/Free Cash Flow to Firm	2.69	7.15	10.85	7.88	49.48	22.37	29.02	23.75
Diluted Market Cap	374	753	1,414	1,366	2,749	5,294	8,650	9,161
Diluted Enterprise Value	374	1,489	1,883	1,616	2,930	5,324	8,510	8,984
EV per Share	2.58	10.27	12.98	11.14	13.62	20.15	31.78	33.42
TTM Sales	2,333	2,714	2,778	2,879	2,693	2,826	3,234	3,648
TTM EBITDA	173	214	234	294	626	316	384	441
TTM Operating Income	45	163	181	236	561	231	293	348
TTM Cash Flow to Firm	139	208	174	205	59	236	288	373
TTM Free Cash Flow to Firm	139	208	174	205	59	236	288	373

Multiples (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

Price/Free Cash Flow	3.56	4.79	11.31	7.67	83.32	25.82	31.92	25.03
EV/EBIT	8.31	9.13	10.4	6.85	5.22	22.9	28.52	25.43
Enterprise Value	374	1,489	1,883	1,616	2,930	5,290	8,356	8,849
Low Price	1.77	2.51	2.05	8.2	7.51	10.8	18.6	28.17
EV/Sales	0.16	0.55	0.68	0.56	1.09	1.87	2.58	2.43
EV/EBITDA	2.16	6.96	8.05	5.5	4.68	16.74	21.76	20.07
Price/Earnings	- -	10.03	16.63	8.87	6.79	31.31	39.89	32.47
Price/Earnings Average	-38.57	7.56	10.4	10.71	6	25.08	32.07	36.65
Price/Earnings High	-46.4	11.21	18.25	13.94	8.87	32.73	46.9	46.96
Price/Earnings Low	-25.66	4.85	3.5	7.72	3.99	16.88	22.96	26.83
Price/Book Value	- -	-0.23	-0.45	-0.46	-0.93	-1.88	-3.28	-3.9
Price/Book Value Average	- -	-0.18	-0.28	-0.55	-0.82	-1.5	-2.64	-4.41
Price/Book Value High	- -	-0.26	-0.49	-0.72	-1.21	-1.96	-3.86	-5.65
Price/Book Value Low	- -	-0.11	-0.09	-0.4	-0.54	-1.01	-1.89	-3.23
Price/Tangible Book Value	- -	-7.03	4.56	2.91	3.82	5.62	7.16	6.54
Price/Tangible Book Value Average	- -	-5.3	2.85	3.51	3.38	4.5	5.75	7.38
Price/Tangible Book Value High	- -	-7.86	5	4.57	5	5.88	8.42	9.46
Price/Tangible Book Value Low	- -	-3.4	0.96	2.53	2.25	3.03	4.12	5.4
Price/Sales	0.16	0.28	0.51	0.47	1.02	1.86	2.63	2.47
Price/Sales Average	0.17	0.21	0.32	0.57	0.9	1.49	2.11	2.79
Price/Sales High	0.2	0.31	0.56	0.75	1.33	1.95	3.09	3.58
Price/Sales Low	0.11	0.13	0.11	0.41	0.6	1	1.51	2.04
Price/Cash Flow	3.56	4.79	11.31	7.67	83.32	25.66	31.35	24.66
Price/Cash Flow Average	3.67	3.61	7.07	9.27	73.63	20.55	25.21	27.84
Price/Cash Flow High	4.42	5.36	12.41	12.06	108.87	26.83	36.86	35.67
Price/Cash Flow Low	2.44	2.32	2.38	6.68	48.96	13.83	18.05	20.38
Price/Free Cash Flow Average	3.67	3.61	7.07	9.27	73.63	20.68	25.66	28.25
Price/Free Cash Flow High	4.42	5.36	12.41	12.06	108.87	27	37.53	36.2
Price/Free Cash Flow Low	2.44	2.32	2.38	6.68	48.96	13.92	18.38	20.68
EV/Sales Average	0.17	0.48	0.49	0.66	0.97	1.5	2.07	2.74
EV/Sales High	0.2	0.58	0.73	0.83	1.4	1.96	3.05	3.53
EV/Sales Low	0.11	0.41	0.28	0.5	0.67	1.01	1.47	2
EV/EBITDA Average	2.23	6.09	5.78	6.46	4.17	13.43	17.42	22.7
EV/EBITDA High	2.68	7.37	8.63	8.15	6.03	17.5	25.65	29.2
EV/EBITDA Low	1.48	5.14	3.27	4.89	2.87	9.07	12.37	16.51
EV/EBIT Average	8.57	8	7.47	8.05	4.65	18.37	22.83	28.77
EV/EBIT High	10.31	9.67	11.16	10.15	6.73	23.94	33.62	37.01
EV/EBIT Low	5.7	6.75	4.23	6.1	3.2	12.4	16.22	20.92
Last Price	2.58	5.19	9.75	9.42	12.78	20.04	32.31	34.09
High Price	3.2	5.8	10.7	14.8	16.7	20.95	37.99	49.31
Enterprise Value Average	386	1,303	1,353	1,900	2,611	4,243	6,691	10,012
Enterprise Value High	464	1,577	2,020	2,396	3,774	5,529	9,850	12,878
Enterprise Value Low	257	1,100	766	1,439	1,797	2,865	4,751	7,281

Shares Outstanding	- -	145	145	145	260	263	265	266
Diluted Weighted Avg Shares	145	145	145	145	215	264	268	269
Basic Weighted Avg Shares	145	145	145	145	215	262	263	265
Revenue per Share	16.09	18.72	19.16	19.86	12.52	10.77	12.3	13.78
EBITDA per Share	1.19	1.48	1.61	2.03	2.91	1.2	1.46	1.67
Operating Income per Share	0.31	1.12	1.25	1.63	2.61	0.88	1.11	1.31
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 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
Dividend per Share	- -	- -	- -	- -	1.84	- -	- -	0.36
Cash Flow per Share	0.72	1.08	0.86	1.23	0.15	0.78	1.03	1.38
Free Cash Flow per Basic Share	0.72	1.08	0.86	1.23	0.15	0.78	1.03	1.38
Cash & Equivalents per Share	- -	0.59	0.42	1.66	1.42	1.78	2.27	2.44
Book Value per Share	- -	-22.21	-21.63	-20.56	-13.81	-10.68	-9.85	-8.73
Tangible Book Value per Share	- -	-0.74	2.14	3.24	3.34	3.57	4.51	5.21

Leonardo DRS, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)