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Leonardo DRS, Inc. (DRS)
NASDAQ: DRS · Real-Time Price · USD
37.70
-0.30 (-0.79%)
At close: Sep 1, 2026, 4:00 PM EDT
37.55
-0.15 (-0.40%)
After-hours: Sep 1, 2026, 6:31 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
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
322278213168405154
Depreciation & Amortization
979391856558
Loss (Gain) From Sale of Assets
-----354-
Stock-Based Compensation
293222175-
Other Operating Activities
272824-51-631
Change in Accounts Receivable
-41-140-66-21-135-125
Change in Inventory
176-29-10-3342
Change in Accounts Payable
-82-7915-59-141
Change in Unearned Revenue
1621866410272-3
Change in Other Net Operating Assets
-30-38-63-262820
Operating Cash Flow
50136627120533178
Operating Cash Flow Growth
49.11%35.05%32.20%521.21%-81.46%42.40%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-138-139-85-60-65-60
Sale of Property, Plant & Equipment
1-11--
Cash Acquisitions
----19-14
Divestitures
----482-
Investment in Securities
-15-15----2
Other Investing Activities
-----115
Investing Cash Flow
-152-154-84-5943639

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '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
-198-11-323-727-1,000-968
Net Debt Issued (Repaid)
-197-10-438-2-38
Issuance of Common Stock
1191612--
Repurchase of Common Stock
-62-56-19-1--
Common Dividends Paid
-96-96----
Other Financing Activities
-13-10-10-4-5-
Financing Cash Flow
-357-163-5615-403-38

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
-84913116166179

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
363227186145-32118
Free Cash Flow Growth
54.47%22.04%28.28%--71.01%
Free Cash Flow Margin
9.61%6.22%5.75%5.13%-1.19%4.10%
Free Cash Flow Per Share
1.350.840.690.55-0.150.56
Levered Free Cash Flow
327.88198.75155130.75-56.13203.75
Unlevered Free Cash Flow
331203.75168.13153.25-34.88225.63

Additional Metrics

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