DRS (Leonardo DRS) EBIT: $362 Mil (TTM As of Mar. 2026)


DRS Leonardo DRS Inc DRS
79 GF Score
Price $44.36
GF Value $35.46
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Leonardo DRS EBIT?

Leonardo DRS DRS -0.74% 79 EBIT is $362 Mil as of Mar. 2026. GuruFocus rates DRS with a GF Score™ of 79/100 and a GF Value™ of $35.46 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Leonardo DRS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $77 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $362 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Leonardo DRS's annualized ROC % for the quarter that ended in Mar. 2026 was 7.08%. Leonardo DRS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 60.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Leonardo DRS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.07%.


Leonardo DRS  (NAS:DRS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Leonardo DRS's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=308 * ( 1 - 19.48% )/( (3393 + 3614)/ 2 )
=248.0016/3503.5
=7.08 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Leonardo DRS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=308/( ( (512 + max(-429, 0)) + (512 + max(-312, 0)) )/ 2 )
=308/( ( 512 + 512 )/ 2 )
=308/512
=60.16 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(334 + 352 + 62) - (446 + 585 + 146)
=-429

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(324 + 371 + 58) - (269 + 640 + 156)
=-312

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Leonardo DRS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=362/11776.570
=3.07 %

* 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.


Leonardo DRS EBIT Related Terms


Leonardo DRS EBIT Historical Data

* Premium members only.

The historical data trend for Leonardo DRS's EBIT 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.

Leonardo DRS EBIT Chart

Leonardo DRS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 235.00 559.00 228.00 285.00 344.00

Leonardo DRS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.00 69.00 91.00 125.00 77.00

DRS vs HII, KTOS, MOG.A: EBIT Comparison

For the Aerospace & Defense subindustry, Leonardo DRS's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Leonardo DRS EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Leonardo DRS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Leonardo DRS's EV-to-EBIT falls into.


DRS
79GF Score
Leonardo DRS Inc DRS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Leonardo DRS EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $362 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $362 Mil mean?
Leonardo DRS (DRS) has a EBIT of $362 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Leonardo DRS.
Is Leonardo DRS's EBIT too high?
Leonardo DRS's current EBIT is $362 Mil. Overall, Leonardo DRS has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo DRS's EBIT compare to HII and KTOS?
Leonardo DRS's EBIT of $362 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Leonardo DRS. Leonardo DRS's current EBIT is $362 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo DRS stock overvalued right now?
Based on GuruFocus' analysis, Leonardo DRS (DRS) is currently considered Modestly Overvalued. The stock's GF Value™ is $35.46, compared to a current price of $44.36 — trading 25.1% above its estimated fair value. The current EBIT is $362 Mil. Leonardo DRS's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Leonardo DRS (DRS), the current EBIT is $362 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Leonardo DRS (DRS) Overvalued in 2026?

Based on GuruFocus' analysis, Leonardo DRS stock appears to be overvalued. The current stock price of $44.36 is trading 25.1% above its estimated GF Value™ of $35.46. GuruFocus considers Leonardo DRS to be Modestly Overvalued.

Key valuation signals for DRS:

  • EBIT: $362 Mil
  • GF Value™: $35.46 vs. price of $44.36 (25.1% above fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the DRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leonardo DRS Business Description

Other Exchanges DRS:Mexico2VZ:Germany
Address 2345 Crystal Drive, Suite 1000, Arlington, VA, USA, 22202
Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space, and cyber domains. It is in the design, development, and manufacture of Advanced sensing, network computing, force protection, and electric power and propulsion technologies and solutions. The company has two segments: Advanced Sensing and Computing, which generates the majority of revenue, and the Integrated Mission Systems segment. The Advanced Sensing and Computing segment is engaged in designing, developing, and manufacturing sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision-making and execution by the customers.
79GF Score

Get the complete analysis for DRS

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$44.36
Price
$35.46
GF Value