Leonardo DRS, Inc. Common Stock (DRS)
What the price implies
A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.
At a market value of $9.6B, Leonardo DRS, Inc. Common Stock's free cash flow of $227M (fiscal 2025) would need to grow about 15% a year for the stock to be worth today's price. That is close to what the company has delivered over the last 6 years.
Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Leonardo DRS, Inc. Common Stock's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.
Fundamental grade
Five factors scored 1 to 9 from DRS's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.
Key numbers
Results from SEC filings
Fiscal years, from Leonardo DRS, Inc. Common Stock's 10-K filings. The deep dive has 15+ years, quarters and every line.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.7B | $2.8B | $3.2B | $3.6B |
| Net income | $154M | $405M | $168M | $213M | $278M |
| Free cash flow | $118M | -$32M | $145M | $186M | $227M |
| EPS (diluted) | $0.73 | $1.88 | $0.64 | $0.80 | $1.03 |
| Operating margin | 8.2% | 20.8% | 8.2% | 9.1% | 9.5% |
Where the revenue comes from
Revenue by segments, fiscal 2025.
Superinvestors who own DRS
From each investor's latest 13F filing (what a 13F shows). 3 of the investors we track hold it.
| Investor | Last quarter | Value | % of portfolio | Quarter |
|---|---|---|---|---|
| Cliff Asness AQR Capital Management |
Added | $188M | 0.06% | Q2 2026 |
| Hersh Cohen ClearBridge Investments |
Added | $15M | 0.01% | Q2 2026 |
| Joel Greenblatt Gotham Asset Management |
Added | $7M | 0.02% | Q2 2026 |
Insider buying
Open-market purchases by Leonardo DRS, Inc. Common Stock's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.
| Date | Insider | Shares | Price | Value |
|---|---|---|---|---|
| Feb 2, 2026 | Julia Letlow |
0 | $40.45 | — |
| Feb 2, 2026 | Julia Letlow |
0 | $40.45 | — |
Get an alert at your buy price
Pick the price you'd be interested at. We'll email you when DRS trades at or below it.
Free accounts get 3 price alerts. No card needed.
In the full deep dive
Questions
What growth does Leonardo DRS, Inc. Common Stock's stock price imply?
At a market value of $9.6B, Leonardo DRS, Inc. Common Stock would need its free cash flow to grow about 15% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 6 years its free cash flow grew 14% a year.
Are Leonardo DRS, Inc. Common Stock insiders buying the stock?
2 open-market insider purchases of DRS in the last 12 months, from SEC Form 4 filings.
Which superinvestors own Leonardo DRS, Inc. Common Stock?
3 of the superinvestors Investingly tracks hold DRS in their latest 13F, including Cliff Asness, Hersh Cohen, Joel Greenblatt.
Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.