DRS
Leonardo DRS
PE ratio, current and historical analysis
- Stocks
- Industrials
- NASDAQ: DRS
- PE Ratio
The current PE ratio for Leonardo DRS stock as of Jul 2, 2026 is 40.11. This is calculated based on the TTM EPS of $1.09 and the stock price of $43.72 per share. The PE ratio marks a decrease of 4.3% from its last 4 quarters average of 41.9.
DRS PE ratio history
The average historical PE ratio of Leonardo DRS for the last four years is 30.78. The current P/E ratio of 40.11 is 30% higher than the historical average. Looking back at the last four years, DRS's PE ratio peaked in the Jun 2025 quarter at 48.93, when the price was $46.48 and the EPS was $0.95. The lowest point was in the Dec 2022 quarter, when it reached 6.8 with a price of $12.78 and an EPS of $1.88.
Leonardo DRS PE ratio by year
Maximum annual increase: 360.44% in 2023
Maximum annual decrease: -18.6% in 2025
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 32.47 | -18.6% | $34.09 | $1.05 |
| 2024 | 39.89 | 27.4% | $32.31 | $0.81 |
| 2023 | 31.31 | 360.44% | $20.04 | $0.64 |
| 2022 | 6.8 | N/A | $12.78 | $1.88 |
| 2021 | N/A | N/A | N/A | $0.73 |
| 2020 | N/A | N/A | N/A | $0.4 |
| 2019 | N/A | N/A | N/A | $0.52 |
| 2018 | N/A | N/A | N/A | -$0.07 |
Leonardo DRS PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 40.84 | 25.78% | $44.52 | $1.09 |
| Dec 2025 | 32.47 | -28.48% | $34.09 | $1.05 |
| Sep 2025 | 45.4 | -7.21% | $45.4 | $1 |
| Jun 2025 | 48.93 | 32.46% | $46.48 | $0.95 |
| Mar 2025 | 36.94 | -7.4% | $32.88 | $0.89 |
| Dec 2024 | 39.89 | 6.01% | $32.31 | $0.81 |
| Sep 2024 | 37.63 | 4.73% | $28.22 | $0.75 |
| Jun 2024 | 35.93 | 15.49% | $25.51 | $0.71 |
| Mar 2024 | 31.11 | -0.64% | $22.09 | $0.71 |
| Dec 2023 | 31.31 | 18.11% | $20.04 | $0.64 |
| Sep 2023 | 26.51 | 172.18% | $16.7 | $0.63 |
| Jun 2023 | 9.74 | 32.16% | $17.34 | $1.78 |
| Mar 2023 | 7.37 | 8.38% | $12.97 | $1.76 |
| Dec 2022 | 6.8 | N/A | $12.78 | $1.88 |
| Sep 2022 | N/A | N/A | N/A | $1.69 |
DRS Price vs fair value
DRS average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of DRS is higher than the 3-year average.
PE comparison
With a price to earnings (P/E) of 40.11, DRS ranks higher than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 29.79, Leonardo DRS's price to earnings (P/E) is 35% higher.
DRS PE vs peers
DRS's PE ratio stands lower than its peer stocks BA and TDG, but it is higher than RTX's and LMT's. Leonardo DRS's current PE ratio of 40.11 is higher than the average of its peers, which is 30.94.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOC Northrop Grumman Corp | 17.16 | $77.98B |
| TXT Textron Inc | 17.52 | $16.08B |
| HII Huntington Ingalls Industries Inc | 18.95 | $11.49B |
| GD General Dynamics Corp | 23.17 | $101.02B |
| LMT Lockheed Martin Corp | 26.33 | $125.87B |
| LHX L3Harris Technologies Inc | 32.59 | $56.27B |
| RTX Raytheon Technologies Corp | 36.83 | $268.33B |
| DRS Leonardo DRS Inc. | 40.11 | $11.66B |
| TDG TransDigm Group INC | 42.06 | $75.43B |
| HEI Heico Corp | 63.86 | $50.57B |
| BA Boeing Co | 88.13 | $178.54B |
Frequently asked questions
What is Leonardo DRS's PE ratio?
As of Jul 2, 2026, DRS stock has a price to earnings ratio of 40.11.
What is the 3-year average PE ratio for Leonardo DRS (DRS)?
As an average over the last 3 years, DRS stock has a PE ratio of 37.0.
What is the highest PE ratio for DRS?
Over the last four years, the quarterly PE ratio reached its highest level at 48.93 in the Jun 2025 quarter.
How does the current PE ratio for DRS compare to its historical average?
The current PE ratio of DRS is 30% higher than the 4-year historical average.
How is DRS's PE ratio calculated (Leonardo DRS PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 2, 2026), Leonardo DRS's share price is $43.72. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.09. Therefore, Leonardo DRS's PE ratio for today is 40.11. PE RATIO(40.11) = STOCK PRICE($43.72) / TTM EPS($1.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.