FINMF (Leonardo SpA) Gross Profit: $2,682 Mil (TTM As of Mar. 2026)

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FINMF Leonardo SpA FINMF
68 GF Score
Price $64.16
GF Value $35.35
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Leonardo SpA Gross Profit?

Leonardo SpA FINMF +7.63% 68 Gross Profit is $2,682 Mil as of Mar. 2026. GuruFocus rates FINMF with a GF Score™ of 68/100 and a GF Value™ of $35.35 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Leonardo SpA's gross profit for the three months ended in Mar. 2026 was $504 Mil. Leonardo SpA's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $2,682 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Leonardo SpA's gross profit for the three months ended in Mar. 2026 was $504 Mil. Leonardo SpA's Revenue for the three months ended in Mar. 2026 was $5,142 Mil. Therefore, Leonardo SpA's Gross Margin % for the quarter that ended in Mar. 2026 was 9.80%.

Leonardo SpA had a gross margin of 9.80% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Leonardo SpA was 12.11%. The lowest was 8.72%. And the median was 10.86%.


Leonardo SpA  (OTCPK:FINMF) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Leonardo SpA had a gross margin of 9.80% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Leonardo SpA Gross Profit Related Terms


Leonardo SpA Gross Profit Historical Data

* Premium members only.

The historical data trend for Leonardo SpA's Gross Profit 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 SpA Gross Profit Chart

Leonardo SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,542.37 1,651.48 1,799.35 2,090.05 2,649.88

Leonardo SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit 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 396.76 545.56 582.16 1,050.35 504.05

FINMF vs SPCX, GE, RTX: Gross Profit Comparison

For the Aerospace & Defense subindustry, Leonardo SpA's Gross Profit, along with its competitors' market caps and Gross Profit 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 SpA Gross Profit vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Leonardo SpA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Leonardo SpA's Gross Profit falls into.


FINMF
68GF Score
Leonardo SpA FINMF
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Leonardo SpA Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Leonardo SpA's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=22837.237 - 20187.354
=2,650

Leonardo SpA's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=5142.197 - 4638.151
=504

Gross Profit 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 $2,682 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Leonardo SpA's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=504 / 5142.197
=9.80 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $2,682 Mil mean?
Leonardo SpA (FINMF) has a Gross Profit of $2,682 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Leonardo SpA and its competitors.
Is Leonardo SpA's Gross Profit too high?
Leonardo SpA's current Gross Profit is $2,682 Mil. Overall, Leonardo SpA has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo SpA's Gross Profit compare to SPCX and GE?
Leonardo SpA's Gross Profit of $2,682 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 Gross Profit for an Aerospace & Defense company?
A good Gross Profit depends on the Aerospace & Defense industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Leonardo SpA and its competitors. Leonardo SpA's current Gross Profit is $2,682 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo SpA stock overvalued right now?
Based on GuruFocus' analysis, Leonardo SpA (FINMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $35.35, compared to a current price of $64.16 — trading 81.5% above its estimated fair value. The current Gross Profit is $2,682 Mil. Leonardo SpA's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Leonardo SpA (FINMF), the current Gross Profit is $2,682 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 SpA (FINMF) Overvalued in 2026?

Based on GuruFocus' analysis, Leonardo SpA stock appears to be overvalued. The current stock price of $64.16 is trading 81.5% above its estimated GF Value™ of $35.35. GuruFocus considers Leonardo SpA to be Significantly Overvalued.

Key valuation signals for FINMF:

  • Gross Profit: $2,682 Mil
  • GF Value™: $35.35 vs. price of $64.16 (81.5% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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


Leonardo SpA Business Description

Address Piazza Monte Grappa 4, Rome, ITA, 00195
Leonardo is a leading European security firm, with 30.2% of shares owned by the Italian government. Divisions include helicopters, defence electronics & security, aeronautics, cyber & security solutions, and space.The helicopter division serves both military and civil markets. Defence electronics & security accesses the US market through the Leonardo DRS subsidiary. Aeronautics integrates aircraft and aerostructures, participating in major programs like Eurofighter, F-35, and the Global Combat Air Programme, or GCAP. It also supplies large structural components to major commercial aircraft programs. Leonardo is currently evolving from a defense firm into a data-driven global security company.
68GF Score

Get the complete analysis for FINMF

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

$64.16
Price
$35.35
GF Value