Leonardo DRS, Inc. (DRS)
Leonardo DRS was planning to go public, but the IPO has been postponed.
IPO Price Range
$20.00 - $22.00
Shares Offered
31,900,000
Deal Size
$669.90M
Income Statement (Annual)
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Year | 2020 | 2019 | 2018 |
|---|---|---|---|
| Revenue
|
2,778 | 2,714 | 2,333 |
| Revenue Growth (YoY)
|
2.36% | 16.33% | - |
| Cost of Revenue
|
2,284 | 2,255 | 1,919 |
| Gross Profit
|
494 | 459 | 414 |
| Selling, General & Admin
|
283 | 277 | 268 |
| Other Operating Expenses
|
30 | 19 | 101 |
| Operating Expenses
|
313 | 296 | 369 |
| Operating Income
|
181 | 163 | 45 |
| Interest Expense / Income
|
64 | 65 | 58 |
| Other Expense / Income
|
5 | 3 | 4 |
| Pretax Income
|
112 | 95 | -17 |
| Income Tax
|
27 | 20 | -7 |
| Net Income
|
85 | 75 | -10 |
| Net Income Common
|
85 | 75 | -10 |
| Net Income Growth
|
13.33% | - | - |
| Gross Margin
|
17.80% | 16.90% | 17.70% |
| Operating Margin
|
6.50% | 6.00% | 1.90% |
| Profit Margin
|
3.10% | 2.80% | -0.40% |
| Free Cash Flow Margin
|
2.50% | 3.80% | 2.80% |
| Effective Tax Rate
|
24.11% | 21.05% | 41.18% |
| EBITDA
|
229 | 211 | 169 |
| EBITDA Margin
|
8.20% | 7.80% | 7.20% |
| Depreciation & Amortization
|
53 | 51 | 128 |
| EBIT
|
176 | 160 | 41 |
| EBIT Margin
|
6.30% | 5.90% | 1.80% |
Source: IPO financials are sourced from
S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).