Leonardo DRS (XTAE:DRS) COGS-to-Revenue : 0.78 (As of Mar. 2024)

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What is Leonardo DRS COGS-to-Revenue?

Leonardo DRS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪1,983 Mil. Its Revenue for the three months ended in Mar. 2024 was ₪2,550 Mil.

Leonardo DRS's COGS to Revenue for the three months ended in Mar. 2024 was 0.78.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Leonardo DRS's Gross Margin % for the three months ended in Mar. 2024 was 22.24%.

Leonardo DRS COGS-to-Revenue Historical Data

The historical data trend for Leonardo DRS's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Leonardo DRS COGS-to-Revenue Chart

Leonardo DRS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.83

0.82

0.81

0.79

0.77

Leonardo DRS Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial														0.77	0.77	0.77	0.77	0.78

Leonardo DRS COGS-to-Revenue Calculation

Leonardo DRS's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8071.387	/	10472.791
	=	0.77

Leonardo DRS's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1982.641	/	2549.639
	=	0.78

Leonardo DRS (XTAE:DRS) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Leonardo DRS's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1982.641 / 2549.639
	=	22.24 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Leonardo DRS COGS-to-Revenue Related Terms

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Leonardo DRS (XTAE:DRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Leonardo DRS Inc (XTAE:DRS) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

DRS:USA 2VZ:Germany

Address

2345 Crystal Drive, Suite 1000, Arlington, VA, USA, 22202

Website

https://www.leonardodrs.com

Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space and cyber domains. The diverse array of defense systems and solutions is offered to all branches of the U.S. military, aerospace and defense prime contractors, government intelligence agencies and international military customers for deployment on a wide range of military platforms.