Leonardo DRS is trading with a PEG ratio of 1.96, based on Jul 24, 2026 data. Dividing the 44.13 PE ratio by the 22.5% earnings growth rate yields this valuation metric. Relative to the 1.43 average from the previous four quarters, the PEG ratio has increased by 37%.
Historically, Leonardo DRS shows a PEG ratio averaging 1.08 across the past four years. At 1.96, today's PE to growth ratio sits 81% above its historical average. The four years high occurred in the Sep 2024 quarter at 1.98, reflecting maximum valuation relative to growth. The minimum was hit in the Dec 2022 quarter at 0.04, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.1 | 32.47 | 29.6% |
| 2024 | 1.5 | 39.89 | 26.6% |
| 2023 | N/A | 31.31 | -66% |
| 2022 | 0.04 | 6.8 | 157.5% |
| 2021 | N/A | N/A | 82.5% |
| 2020 | N/A | N/A | -23.1% |
| 2019 | N/A | N/A | 842.9% |
| 2018 | N/A | N/A | N/A |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 1.82 | 40.84 | 22.5% |
| Dec 2025 | 1.1 | 32.47 | 29.6% |
| Sep 2025 | 1.36 | 45.4 | 33.3% |
| Jun 2025 | 1.45 | 48.93 | 33.8% |
| Mar 2025 | 1.45 | 36.94 | 25.4% |
| Dec 2024 | 1.5 | 39.89 | 26.6% |
| Sep 2024 | 1.98 | 37.63 | 19% |
| Jun 2024 | N/A | 35.93 | -60.1% |
| Mar 2024 | N/A | 31.11 | -59.7% |
| Dec 2023 | N/A | 31.31 | -66% |
| Sep 2023 | N/A | 26.51 | -62.7% |
| Jun 2023 | 0.05 | 9.74 | 196.7% |
| Mar 2023 | 0.05 | 7.37 | 151.4% |
| Dec 2022 | 0.04 | 6.8 | 157.5% |
| Sep 2022 | N/A | N/A | 111.3% |
Measured against past performance, DRS's PEG ratio is higher than its 3-year average.
With a PEG of 1.96, DRS is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.21, Leonardo DRS's PEG is 62% higher.
Compared to its peers, DRS's PEG ratio is under GD's and TDG's but above RTX's and BA's. Leonardo DRS's PEG ratio of 1.96 is above the peer average of 1.88.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| LMT Lockheed Martin Corp | 0.41 | $134.46B |
| BA Boeing Co | 0.71 | $165.17B |
| TXT Textron Inc | 1.01 | $16.61B |
| NOC Northrop Grumman Corp | 1.08 | $77.03B |
| RTX Raytheon Technologies Corp | 1.48 | $286.79B |
| HII Huntington Ingalls Industries Inc | 1.73 | $11.33B |
| DRS Leonardo DRS Inc. | 1.96 | $12.83B |
| HEI Heico Corp | 2 | $48.83B |
| GD General Dynamics Corp | 2.26 | $104.59B |
| LHX L3Harris Technologies Inc | 3.45 | $55.93B |
| TDG TransDigm Group INC | 4.7 | $69.17B |
DRS shows a PEG ratio of 1.96, per Jul 24, 2026 data.
Historical data over a 3-year period places DRS's average PEG ratio at 1.52.
The Sep 2024 quarter marked the four years high at 1.98 for DRS's PEG ratio.
Compared to the 4-year average, DRS's PEG ratio is 81% higher.
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jul 24, 2026, Leonardo DRS has a P/E ratio of 44.13. Earnings grew at 22.5% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 1.96. PEG RATIO(1.96) = PE RATIO(44.13) / EPS GROWTH(22.5%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.