Leonardo DRS Debt-to-Equity Ratio Growth & History (DRS)
Leonardo DRS's debt-to-equity ratio was 0.17 for fiscal 2025.
View full Leonardo DRS company overviewLeonardo DRS annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.17 | −0.01 | −3.88% |
| 2024 | 2024-12-31 | 0.18 | −0.03 | −16.21% |
| 2023 | 2023-12-31 | 0.21 | −0.02 | −6.64% |
| 2022 | 2022-12-31 | 0.23 | −0.08 | −25.56% |
| 2021 | 2021-12-31 | 0.31 | −0.06 | −17.18% |
| 2020 | 2020-12-31 | 0.37 | — | — |
Leonardo DRS quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.10 | −0.09 | −47.53% |
| Q1 2026 | 2026-03-31 | 0.10 | −0.08 | −44.35% |
| Q4 2025 | 2025-12-31 | 0.17 | −0.01 | −3.88% |
| Q3 2025 | 2025-09-30 | 0.18 | −0.01 | −4.34% |
| Q2 2025 | 2025-06-30 | 0.18 | −0.01 | −6.87% |
| Q1 2025 | 2025-03-31 | 0.18 | −0.03 | −14.46% |
| Q4 2024 | 2024-12-31 | 0.18 | −0.03 | −16.21% |
| Q3 2024 | 2024-09-30 | 0.19 | −0.07 | −27.88% |
| Q2 2024 | 2024-06-30 | 0.19 | −0.08 | −27.80% |
| Q1 2024 | 2024-03-31 | 0.21 | −0.12 | −37.53% |
| Q4 2023 | 2023-12-31 | 0.21 | −0.02 | −6.64% |
| Q3 2023 | 2023-09-30 | 0.26 | −0.07 | −21.17% |
| Q2 2023 | 2023-06-30 | 0.27 | −0.08 | −22.82% |
| Q1 2023 | 2023-03-31 | 0.33 | −0.06 | −14.49% |
| Q4 2022 | 2022-12-31 | 0.23 | −0.08 | −25.56% |
| Q3 2022 | 2022-09-30 | 0.33 | −0.06 | −14.90% |
| Q2 2022 | 2022-06-30 | 0.35 | −0.09 | −20.38% |
| Q1 2022 | 2022-03-31 | 0.38 | −0.06 | −12.81% |
| Q4 2021 | 2021-12-31 | 0.31 | −0.06 | −17.18% |
| Q3 2021 | 2021-09-30 | 0.38 | — | — |
| Q2 2021 | 2021-06-30 | 0.44 | — | — |
| Q1 2021 | 2021-03-31 | 0.44 | — | — |
| Q4 2020 | 2020-12-31 | 0.37 | — | — |
Leonardo DRS debt-to-equity ratio trends
Over the last five fiscal years, Leonardo DRS's debt-to-equity ratio decreased from 0.37 to 0.17, a change of −0.20. The latest reported quarter, Q2 2026, shows 0.10.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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