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DRSLeonardo DRS, Inc.

Is the current ratio high or low?

The current ratio of 1.86 is in line with its 5-year average of 1.77, around the middle of its 5-year range (1.35–2.11).

As of Wednesday, June 24, 2026. 5.85% below its 12-month average of 1.98.

Current Ratio

DRS Current Ratio

1.86

Reported quarterly current ratio; no daily interpolation.

+33.19% 5Y
DRS Current Ratio

DRS Average Current Ratio Chart

DRS Current Ratio

DRS Current vs Average Current Ratio Chart

DRS Current Ratio Metrics

CURRENT RATIO

1.86

CURRENT RATIO AVG TTM

1.98

CURRENT RATIO AVG 3Y

1.92

CURRENT RATIO AVG 5Y

1.77

CURRENT RATIO AVG 10Y

N/A

CURRENT RATIO AVG 15Y

N/A

CURRENT RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-5.85%

CURRENT VS 3Y AVG

-3.25%

CURRENT VS 5Y AVG

+5.14%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

DRS Competitors' Current Ratio

NAMEMARKET CAPCURRENT RATIOTTM3Y5Y
Leonardo DRS, Inc. (DRS)$11.92B1.861.981.921.77
Pentair plc (PNR)vs ›$12.09B1.611.601.581.47
CNH Industrial N.V. (CNH)vs ›$12.78B7.754.964.303.83
Huntington Ingalls Industries, Inc. (HII)vs ›$11.02B1.131.101.031.06
Powell Industries, Inc. (POWL)vs ›$10.73B2.091.951.862.02
Advanced Energy Industries, Inc. (AEIS)vs ›$13.68B1.593.003.533.43
Stanley Black & Decker, Inc. (SWK)vs ›$13.94B1.141.141.211.16
Jacobs Solutions Inc. (J)vs ›$14.41B1.301.251.331.37
Builders FirstSource, Inc. (BLDR)vs ›$9.05B1.861.811.821.87
Kratos Defense & Security Solutions, Inc. (KTOS)vs ›$8.99B4.063.502.883.14

Liquidity Analysis

Current Ratio

1.86

Quick Ratio

1.60

Current Ratio Formula & Definition

Current Ratio = Current Assets / Current Liabilities

The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Current Ratio FAQ

What is the current ratio for Leonardo DRS, Inc. (DRS)?
The current ratio for DRS stock is 1.86.
Is Leonardo DRS, Inc.'s current ratio high or low?
The current ratio of 1.86 is in line with its 5-year average of 1.77, around the middle of its 5-year range (1.35–2.11).
What is the TTM average current ratio for Leonardo DRS, Inc. (DRS)?
The TTM average current ratio for DRS stock is 1.98.
What is the 3Y average current ratio for Leonardo DRS, Inc. (DRS)?
The 3Y average current ratio for DRS stock is 1.92.
What is the 5Y average current ratio for Leonardo DRS, Inc. (DRS)?
The 5Y average current ratio for DRS stock is 1.77.

DRS Current Ratio History

DATECURRENT RATIO
2026-03-311.86
2025-12-311.89
2025-09-302.00
2025-06-302.11
2025-03-312.02
2024-12-311.94
2024-09-302.11
2024-06-302.01
2024-03-311.96
2023-12-311.78
2023-09-301.83
2023-06-301.80
2023-03-311.68
2022-12-311.64
2022-09-301.57
2022-06-301.69
2022-03-311.64
2021-12-311.40
2021-09-301.47
2021-06-301.40
2021-03-311.35
2020-12-311.30
2020-09-300.00
2020-06-300.00
2020-03-310.00
2019-09-301.25
2019-06-301.25
2019-03-311.25
2018-09-300.00
2018-06-300.00
2018-03-310.00

About Leonardo DRS, Inc.

Established in Arlington, Virginia, in 1969, Leonardo DRS, Inc. is a leading supplier of advanced defense products and technologies. The company's diverse portfolio addresses military requirements across various environments, including land, air, sea, space, and cybersecurity, with additional applications in the commercial sector. Its operations are organized into two primary divisions: Advanced Sensing and Computing, and Integrated Mission Systems. DRS provides sophisticated sensing solutions, such as infrared systems for threat identification and improving situational awareness, alongside uncooled infrared technologies and systems designed to mitigate brownout conditions. Their electronic warfare (EW) capabilities encompass airborne, vehicle-mounted, and soldier-borne systems, supported by specialized EW software, training tools, and intelligence services. Furthermore, Leonardo DRS develops essential computing systems for military platforms like ground vehicles, ships, and submarines. These offerings include robust network and data distribution applications, integrated sensor systems, and resilient networked computing infrastructure. The company also specializes in force protection, delivering solutions for counter-unmanned aerial systems (C-UAS), short-range air defense, and active protection systems. Additionally, DRS is a key provider of power management and propulsion technologies, offering systems for power control, distribution, conversion, and propulsion—including hybrid electric drive systems, energy storage solutions, gas turbine packages, nuclear instrumentation and controls, and thermal management and refrigeration equipment. Leonardo DRS serves a broad client base, which includes the U.S. military, major aerospace and defense contractors, government intelligence agencies, and international armed forces.

Arlington, VA
7,000 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
John A. Baylouny