Leonardo S.p.a. (BIT:LDO)

Leonardo S.p.a. Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,081	3,238	2,556	2,407	1,511	2,479
Cash & Short-Term Investments	1,081	3,238	2,556	2,407	1,511	2,479
Cash Growth	-32.14%	26.68%	6.19%	59.30%	-39.05%	12.02%
Accounts Receivable	4,488	7,592	7,724	7,321	6,990	6,951
Other Receivables	-	334	326	287	223	303
Receivables	4,515	8,170	8,402	7,813	7,318	7,254
Inventory	1,624	7,028	6,520	5,693	5,338	5,486
Prepaid Expenses	-	175	149	140	110	104
Other Current Assets	32	480	577	345	362	246
Total Current Assets	7,252	19,091	18,204	16,398	14,639	15,569
Property, Plant & Equipment	15,016	3,617	3,412	3,108	2,904	2,652
Long-Term Investments	-	1,864	1,899	2,101	2,122	1,345
Goodwill	-	4,312	4,537	3,899	3,925	3,836
Other Intangible Assets	-	1,086	1,117	742	768	634
Long-Term Deferred Tax Assets	-	1,001	1,104	1,213	1,133	1,035
Long-Term Deferred Charges	-	3,176	3,100	2,953	2,746	2,624
Other Long-Term Assets	2,544	362	300	262	332	670
Total Assets	24,812	34,509	33,673	30,693	28,582	28,379

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	4,121	3,504	3,763	3,268	3,054	3,372
Accrued Expenses	-	1,110	1,000	884	931	870
Short-Term Debt	-	-	-	1	1	1
Current Portion of Long-Term Debt	2,618	2,496	2,242	1,965	1,004	1,489
Current Portion of Leases	98	97	85	79	78	82
Current Income Taxes Payable	-	200	128	104	127	44
Current Unearned Revenue	-	10,335	9,702	8,939	8,199	8,076
Other Current Liabilities	2,523	1,838	1,884	1,759	1,784	1,662
Total Current Liabilities	9,360	19,580	18,804	16,999	15,178	15,596
Long-Term Debt	1,190	1,385	1,817	2,354	3,039	3,626
Long-Term Leases	546	511	556	531	492	486
Long-Term Unearned Revenue	-	80	82	84	79	80
Pension & Post-Retirement Benefits	-	306	315	301	315	362
Long-Term Deferred Tax Liabilities	-	402	375	268	246	340
Other Long-Term Liabilities	2,544	1,505	1,524	1,595	1,534	1,434
Total Liabilities	13,640	23,769	23,473	22,132	20,883	21,924

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	9,940	2,544	2,544	2,544	2,544	2,544
Retained Earnings	-	7,430	6,555	5,660	4,975	4,185
Treasury Stock	-	-35	-16	-26	-26	-26
Comprehensive Income & Other	-	-379	-93	-378	-310	-275
Total Common Equity	9,940	9,560	8,990	7,800	7,183	6,428
Minority Interest	1,232	1,180	1,210	761	516	27
Shareholders' Equity	11,172	10,740	10,200	8,561	7,699	6,455
Total Liabilities & Equity	24,812	34,509	33,673	30,693	28,582	28,379

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	4,452	4,489	4,700	4,930	4,614	5,684
Net Cash (Debt)	-3,371	-1,251	-2,144	-2,523	-3,103	-3,205
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.85	-2.17	-3.72	-4.39	-5.39	-5.57
Filing Date Shares Outstanding	576.47	576.94	576.44	575.31	575.31	575.31
Total Common Shares Outstanding	576.47	576.94	576.44	575.31	575.31	575.31
Working Capital	-2,108	-489	-600	-601	-539	-27
Book Value Per Share	17.24	16.57	15.60	13.56	12.49	11.17
Tangible Book Value	9,940	4,162	3,336	3,159	2,490	1,958
Tangible Book Value Per Share	17.24	7.21	5.79	5.49	4.33	3.40
Land	-	2,021	1,947	1,807	1,689	1,647
Machinery	-	5,230	5,084	4,517	4,314	4,212
Construction In Progress	-	553	475	399	391	250
Order Backlog	-	46,624	44,178	39,529	37,506	35,534

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

Data Sources Report a data error