Skip to main content
logo
Leonardo DRS, Inc. (DRS)
NASDAQ: DRS · Real-Time Price · USD
37.68
-1.96 (-4.94%)
At close: Oct 30, 2026, 4:00 PM EDT
37.20
-0.48 (-1.27%)
After-hours: Oct 30, 2026, 7:55 PM EDT

Leonardo DRS Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
365278213168405154
Depreciation & Amortization
1019391856558
Loss (Gain) From Sale of Assets
-----354-
Stock-Based Compensation
303222175-
Other Operating Activities
242824-51-631
Change in Accounts Receivable
-61-140-66-21-135-125
Change in Inventory
306-29-10-3342
Change in Accounts Payable
-84-7915-59-141
Change in Unearned Revenue
1541866410272-3
Change in Other Net Operating Assets
-69-38-63-262820
Operating Cash Flow
49036627120533178
Operating Cash Flow Growth
27.60%35.05%32.20%521.21%-81.46%42.40%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-146-139-85-60-65-60
Sale of Property, Plant & Equipment
1-11--
Cash Acquisitions
----19-14
Divestitures
----482-
Investment in Securities
--15----2
Other Investing Activities
1----115
Investing Cash Flow
-144-154-84-5943639

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-1-20775930
Long-Term Debt Issued
--280715223-
Total Debt Issued
11280735998930
Short-Term Debt Repaid
---32--1,000-968
Long-Term Debt Repaid
--11-291-727--
Total Debt Repaid
-197-11-323-727-1,000-968
Net Debt Issued (Repaid)
-196-10-438-2-38
Issuance of Common Stock
891612--
Repurchase of Common Stock
-64-56-19-1--
Common Dividends Paid
-96-96----
Other Financing Activities
-13-10-10-4-5-
Financing Cash Flow
-361-163-5615-403-38

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
-154913116166179

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
344227186145-32118
Free Cash Flow Growth
29.81%22.04%28.28%--71.01%
Free Cash Flow Margin
8.86%6.22%5.75%5.13%-1.19%4.10%
Free Cash Flow Per Share
1.280.840.690.55-0.150.56
Levered Free Cash Flow
313.13198.75155130.75-56.13203.75
Unlevered Free Cash Flow
313.75203.75168.13153.25-34.88225.63

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
212127383435
Change in Working Capital
-30-65-79-14-82-65
SEC Filings: 10-K · 10-Q