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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Leonardo DRS's Goodwill for the quarter that ended in Jun. 2026 was $1,238 Mil. Leonardo DRS's Total Assets for the quarter that ended in Jun. 2026 was $4,197 Mil.
Therefore, Leonardo DRS's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.30.
If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.
Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.
Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.
Leonardo DRS Goodwill-to-Asset Related Terms
Leonardo DRS Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Leonardo DRS's Goodwill-to-Asset 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.
DRS vs KTOS, HII, MOG.A: Goodwill-to-Asset Comparison
For the Aerospace & Defense subindustry, Leonardo DRS's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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 Goodwill-to-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Leonardo DRS's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Leonardo DRS's Goodwill-to-Asset falls into.
* 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 (DRS) has a Goodwill-to-Asset of 0.30 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Leonardo DRS and its competitors.
Is Leonardo DRS's Goodwill-to-Asset too high?
Leonardo DRS's current Goodwill-to-Asset is 0.30. Overall, Leonardo DRS has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leonardo DRS's Goodwill-to-Asset compare to KTOS and HII?
Leonardo DRS's Goodwill-to-Asset of 0.30 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 Goodwill-to-Asset for an Aerospace & Defense company?
A good Goodwill-to-Asset depends on the Aerospace & Defense industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Leonardo DRS and its competitors. Leonardo DRS's current Goodwill-to-Asset is 0.30. 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 Fairly Valued. The stock's GF Value™ is $38.85, compared to a current price of $36.56 — trading 5.9% below its estimated fair value. The current Goodwill-to-Asset is 0.30. Leonardo DRS's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Leonardo DRS (DRS), the current Goodwill-to-Asset is 0.30 as of Jun. 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 undervalued.
The current stock price of $36.56 is trading 5.9% below its estimated GF Value™ of $38.85.
GuruFocus considers Leonardo DRS to be Fairly Valued.
Key valuation signals for DRS:
Goodwill-to-Asset: 0.30
GF Value™: $38.85 vs. price of $36.56 (5.9% below fair value)
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 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.
81GF Score
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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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