Leonardo DRS, Inc. (DRS)

Leonardo DRS Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	380	598	467	306	240	61
Cash & Short-Term Investments	380	598	467	306	240	61
Cash Growth	137.50%	28.05%	52.61%	27.50%	293.44%	-28.23%
Accounts Receivable	1,236	1,125	1,059	1,038	899	774
Receivables	1,236	1,125	1,059	1,038	899	889
Inventory	385	358	329	319	205	247
Prepaid Expenses	28	27	21	20	23	33
Other Current Assets	41	55	42	24	22	33
Total Current Assets	2,070	2,163	1,918	1,707	1,389	1,263
Property, Plant & Equipment	455	519	484	487	448	443
Long-Term Investments	-	-	-	-	27	25
Goodwill	1,238	1,238	1,238	1,236	1,071	1,057
Other Intangible Assets	126	132	151	172	52	60
Long-Term Deferred Tax Assets	119	120	123	66	56	87
Other Long-Term Assets	88	12	7	9	26	21
Total Assets	4,096	4,184	3,921	3,677	3,069	2,956
Accounts Payable	299	426	398	457	479	478
Accrued Expenses	123	138	136	139	144	132
Short-Term Debt	5	4	35	10	15	27
Current Portion of Long-Term Debt	22	11	12	11	20	21
Current Portion of Leases	27	37	33	33	30	27
Current Income Taxes Payable	10	24	46	31	-	-
Current Unearned Revenue	467	399	335	233	174	177
Other Current Liabilities	74	77	83	128	127	113
Total Current Liabilities	1,027	1,116	1,078	1,042	989	975
Long-Term Debt	177	237	248	260	245	265
Long-Term Leases	221	169	169	173	180	190
Long-Term Deferred Tax Liabilities	7	7	4	-	-	-
Other Long-Term Liabilities	64	64	61	30	1	11
Total Liabilities	1,525	1,627	1,596	1,550	1,476	1,529
Common Stock	3	3	3	3	2	1
Additional Paid-In Capital	5,158	5,194	5,175	5,147	4,632	4,633
Retained Earnings	-2,543	-2,593	-2,806	-2,974	-2,983	-3,137
Comprehensive Income & Other	-47	-47	-47	-49	-58	-70
Shareholders' Equity	2,571	2,557	2,325	2,127	1,593	1,427
Total Liabilities & Equity	4,096	4,184	3,921	3,677	3,069	2,956
Total Debt	452	458	497	487	490	530
Net Cash (Debt)	-72	140	-30	-181	-250	-469
Net Cash Per Share	-0.27	0.52	-0.11	-0.84	-1.19	-2.23
Filing Date Shares Outstanding	266.05	265.16	262.63	260.55	210.45	210.45
Total Common Shares Outstanding	265.85	265.06	262.53	260.23	210.45	210.45
Working Capital	1,043	1,047	840	665	400	288
Book Value Per Share	9.67	9.65	8.86	8.17	7.57	6.78
Tangible Book Value	1,207	1,187	936	719	470	310
Tangible Book Value Per Share	4.54	4.48	3.57	2.76	2.23	1.47
Land	383	380	342	321	312	294
Machinery	613	585	531	525	489	462
Order Backlog	-	8,509	7,751	4,269	2,861	3,291

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q