Leonardo DRS (STU:2VZ) Piotroski F-Score: 8 (As of Jun. 30, 2026) — 33% Above Median


STU:2VZ Leonardo DRS Inc STU:2VZ
68 GF Score
Price €35.60
GF Value €30.81
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Leonardo DRS Piotroski F-Score?

Leonardo DRS STU:2VZ -4.30% 68 Piotroski F-Score is 8 as of Jun. 30, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates STU:2VZ with a GF Score™ of 68/100 and a GF Value™ of €30.81 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 320 Aerospace & Defense companies, Leonardo DRS ranks better than 97.19% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Leonardo DRS has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Leonardo DRS's Piotroski F-Score or its related term are showing as below:

STU:2VZ' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 8

During the past 8 years, the highest Piotroski F-Score of Leonardo DRS was 9. The lowest was 4. And the median was 6.

Leonardo DRS  (STU:2VZ) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Leonardo DRS Piotroski F-Score Related Terms


Leonardo DRS Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Leonardo DRS's Piotroski F-Score 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 Piotroski F-Score Chart

Leonardo DRS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 9.00 6.00 6.00 7.00 7.00

Leonardo DRS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score 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 8.00 8.00 7.00 7.00 8.00

STU:2VZ vs HII, PL, SARO: Piotroski F-Score Comparison

For the Aerospace & Defense subindustry, Leonardo DRS's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Leonardo DRS's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Leonardo DRS's Piotroski F-Score falls into.


STU:2VZ
68GF Score
Leonardo DRS Inc STU:2VZ
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 46.818 + 61.344 + 87.108 + 53.63 = €249 Mil.
Cash Flow from Operations was -24.276 + 91.164 + 362.95 + -57.09 = €373 Mil.
Revenue was 718.743 + 817.92 + 905.24 + 731.79 = €3,174 Mil.
Gross Profit was 170.799 + 189.144 + 229.726 + 183.38 = €773 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3788.8 + 3536.493 + 3616.74 + 3831.044 + 3642.515) / 5 = €3683.1184 Mil.
Total Assets at the begining of this year (Mar25) was €3,789 Mil.
Long-Term Debt & Capital Lease Obligation was €200 Mil.
Total Current Assets was €1,778 Mil.
Total Current Liabilities was €956 Mil.
Net Income was 35.302 + 51.357 + 84.995 + 46.25 = €218 Mil.

Revenue was 699.537 + 731.612 + 936.855 + 739.075 = €3,107 Mil.
Gross Profit was 157.001 + 161.279 + 224.425 + 167.425 = €710 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3478.52 + 3547.851 + 3478.761 + 3995.72 + 3788.8) / 5 = €3657.9304 Mil.
Total Assets at the begining of last year (Mar24) was €3,479 Mil.
Long-Term Debt & Capital Lease Obligation was €368 Mil.
Total Current Assets was €1,915 Mil.
Total Current Liabilities was €950 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Leonardo DRS's current Net Income (TTM) was 249. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Leonardo DRS's current Cash Flow from Operations (TTM) was 373. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=248.9/3788.8
=0.06569362

ROA (Last Year)=Net Income/Total Assets (Mar24)
=217.904/3478.52
=0.06264273

Leonardo DRS's return on assets of this year was 0.06569362. Leonardo DRS's return on assets of last year was 0.06264273. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Leonardo DRS's current Net Income (TTM) was 249. Leonardo DRS's current Cash Flow from Operations (TTM) was 373. ==> 373 > 249 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=199.815/3683.1184
=0.05425158

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=368.15/3657.9304
=0.10064434

Leonardo DRS's gearing of this year was 0.05425158. Leonardo DRS's gearing of last year was 0.10064434. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=1778.44/955.825
=1.86063348

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1914.75/949.975
=2.01557936

Leonardo DRS's current ratio of this year was 1.86063348. Leonardo DRS's current ratio of last year was 2.01557936. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Leonardo DRS's number of shares in issue this year was 268.7. Leonardo DRS's number of shares in issue last year was 268.8. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=773.049/3173.693
=0.24358027

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=710.13/3107.079
=0.22855228

Leonardo DRS's gross margin of this year was 0.24358027. Leonardo DRS's gross margin of last year was 0.22855228. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=3173.693/3788.8
=0.83765124

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3107.079/3478.52
=0.89321867

Leonardo DRS's asset turnover of this year was 0.83765124. Leonardo DRS's asset turnover of last year was 0.89321867. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+1+1+0
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Leonardo DRS has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Leonardo DRS (STU:2VZ) has a Piotroski F-Score of 8 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Leonardo DRS and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Leonardo DRS's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Leonardo DRS ranks #9 out of 320 companies in the Aerospace & Defense industry, placing it in the top 2.8%.
Is Leonardo DRS's Piotroski F-Score too high?
Leonardo DRS's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Aerospace & Defense industry median Piotroski F-Score is 5.00. Leonardo DRS's value of 8 is 60% above this industry median. Based on the distribution chart, Leonardo DRS ranks #9 out of 320 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Leonardo DRS has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo DRS's Piotroski F-Score compare to HII and PL?
According to the Aerospace & Defense industry distribution chart, Leonardo DRS ranks #9 out of 320 companies for Piotroski F-Score. This places Leonardo DRS in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Leonardo DRS's value of 8 is 60% above this benchmark. Historically, Leonardo DRS's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, 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 Piotroski F-Score for an Aerospace & Defense company?
The median Piotroski F-Score among Aerospace & Defense companies is 5.00, based on 320 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leonardo DRS's current Piotroski F-Score of 8 is 60% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Leonardo DRS and its competitors. For the Aerospace & Defense industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leonardo DRS's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. 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 (STU:2VZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €30.81, compared to a current price of €35.60 — trading 15.5% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Aerospace & Defense industry median of 5.00. Leonardo DRS's overall GF Score™ is 68/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Leonardo DRS (STU:2VZ), the current Piotroski F-Score is 8 as of Jun. 30, 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 (STU:2VZ) Overvalued in 2026?

Based on GuruFocus' analysis, Leonardo DRS stock appears to be overvalued. The current stock price of €35.60 is trading 15.5% above its estimated GF Value™ of €30.81. GuruFocus considers Leonardo DRS to be Modestly Overvalued.

Key valuation signals for STU:2VZ:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: €30.81 vs. price of €35.60 (15.5% above fair value)
  • GF Score™: 68/100 with 1 warning sign
  • Industry Position: 60% above the Aerospace & Defense median (#9 of 320)

No single metric tells the full story. See the STU:2VZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leonardo DRS Business Description

Other Exchanges DRS:USADRS:Mexico
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.
68GF Score

Get the complete analysis for STU:2VZ

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

€35.60
Price
€30.81
GF Value