undamentalytics Newsletter
Sign in

Leonardo DRS, Inc. cash flow statement

In fiscal 2025, Leonardo DRS, Inc.'s operations generated $366m of cash; it spent $139m on capital projects, leaving free cash flow of $227m. It returned $35.0m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash from operations15712517833205271366490
Depreciation and amortisation5153586585919390
Stock-based pay—0051722327
Capital spending555660656085139146
Free cash flow10269118−32145186227344
Free cash flow after stock pay—69118−37128164195337
Dividends paid—0039600——
Share buybacks——00003539
Shares issued——00121698

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: CW vs DRSBWXT vs DRSDRS vs WWDDRS vs MOG.A

More: Aerospace & Defense stocks compared, Industrials sector, rankings of US companies

Figures from Leonardo DRS, Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Leonardo DRS, Inc.