DRS (Leonardo DRS) EV-to-EBITDA: 24.41 (As of Aug. 06, 2026) — 12% Above Median

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DRS Leonardo DRS Inc DRS
80 GF Score
Price $45.01
GF Value $37.85
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Leonardo DRS EV-to-EBITDA?

Leonardo DRS DRS +0.94% 80 EV-to-EBITDA is 24.41 as of Aug. 06, 2026, which is 12% above its 10-year median of 21.89. GuruFocus rates DRS with a GF Score™ of 80/100 and a GF Value™ of $37.85 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 265 Aerospace & Defense companies, Leonardo DRS ranks worse than 53.21% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Leonardo DRS's enterprise value is $12,010 Mil. Leonardo DRS's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $492 Mil. Therefore, Leonardo DRS's EV-to-EBITDA for today is 24.41.

The historical rank and industry rank for Leonardo DRS's EV-to-EBITDA or its related term are showing as below:

DRS' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.02   Med: 21.89   Max: 32.25
Current: 24.41

During the past 8 years, the highest EV-to-EBITDA of Leonardo DRS was 32.25. The lowest was 4.02. And the median was 21.89.

DRS's EV-to-EBITDA is ranked worse than
53.21% of 265 companies
in the Aerospace & Defense industry
Industry Median: 22.33 vs DRS: 24.41

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-06), Leonardo DRS's stock price is $45.01. Leonardo DRS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $1.190. Therefore, Leonardo DRS's PE Ratio (TTM) for today is 37.82.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Leonardo DRS  (NAS:DRS) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Leonardo DRS's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=45.01/1.190
=37.82

Leonardo DRS's share price for today is $45.01.
Leonardo DRS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.190.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Leonardo DRS EV-to-EBITDA Related Terms


Leonardo DRS EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Leonardo DRS's EV-to-EBITDA 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 EV-to-EBITDA Chart

Leonardo DRS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 5.62 16.90 22.40 20.33

Leonardo DRS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 30.65 28.67 20.33 25.79 23.14

DRS vs MOG.A, HII, BWXT: EV-to-EBITDA Comparison

For the Aerospace & Defense subindustry, Leonardo DRS's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Aerospace & Defense Industry

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

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


DRS
80GF Score
Leonardo DRS Inc DRS
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leonardo DRS EV-to-EBITDA Calculation

Leonardo DRS's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=12009.790/492
=24.41

Leonardo DRS's current Enterprise Value is $12,010 Mil.
Leonardo DRS's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $492 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 EV-to-EBITDA →
What does a EV-to-EBITDA of 24.41 mean?
Leonardo DRS (DRS) has a EV-to-EBITDA of 24.41 as of Aug. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Leonardo DRS. This is 12% above median its historical median of 21.89. Over the past decade, Leonardo DRS's EV-to-EBITDA has ranged from 4.02 to 32.25. According to the industry distribution chart, Leonardo DRS ranks #141 out of 265 companies in the Aerospace & Defense industry, placing it in the top 53.2%.
Is Leonardo DRS's EV-to-EBITDA too high?
Leonardo DRS's current EV-to-EBITDA of 24.41 is 12% above median its 10-year median of 21.89. Over the past 10 years, this metric has ranged from a low of 4.02 to a high of 32.25. The Aerospace & Defense industry median EV-to-EBITDA is 22.33. Leonardo DRS's value of 24.41 is 9.3% above this industry median. Based on the distribution chart, Leonardo DRS ranks #141 out of 265 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Leonardo DRS has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo DRS's EV-to-EBITDA compare to MOG.A and HII?
According to the Aerospace & Defense industry distribution chart, Leonardo DRS ranks #141 out of 265 companies for EV-to-EBITDA. This places Leonardo DRS in the lower half of its industry. The industry median EV-to-EBITDA is 22.33. Leonardo DRS's value of 24.41 is 9.3% above this benchmark. Historically, Leonardo DRS's own EV-to-EBITDA has ranged from 4.02 to 32.25 over the past decade. While the company's 10-year median is 21.89 vs. the industry median of 22.33, Leonardo DRS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Aerospace & Defense company?
The median EV-to-EBITDA among Aerospace & Defense companies is 22.33, based on 265 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leonardo DRS's current EV-to-EBITDA of 24.41 is 9.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Leonardo DRS. For the Aerospace & Defense industry, the median EV-to-EBITDA is 22.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leonardo DRS's current EV-to-EBITDA is 24.41, which is 12% above median its own 10-year median of 21.89. 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 $37.85, compared to a current price of $45.01 — trading 18.9% above its estimated fair value. The current EV-to-EBITDA is 24.41, which is 12% above median its 10-year median of 21.89 and 9.3% above the Aerospace & Defense industry median of 22.33. Leonardo DRS's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Leonardo DRS (DRS), the current EV-to-EBITDA is 24.41 as of Aug. 06, 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 $45.01 is trading 18.9% above its estimated GF Value™ of $37.85. GuruFocus considers Leonardo DRS to be Modestly Overvalued.

Key valuation signals for DRS:

  • EV-to-EBITDA: 24.41 (12% above median its 10-year median of 21.89)
  • GF Value™: $37.85 vs. price of $45.01 (18.9% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 9.3% above the Aerospace & Defense median (#141 of 265)

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.
80GF Score

Get the complete analysis for DRS

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

$45.01
Price
$37.85
GF Value