Leonardo DRS, Inc. (DRS) Quick Ratio (Acid-Test): 1.60
Is Leonardo DRS, Inc.’s quick ratio (acid-test) high or low?
Leonardo DRS, Inc.'s quick ratio (acid-test) of 1.60 is 16% above its 5-year average of 1.38, near the high end of its 5-year range (1.04–1.62).
As of Wednesday, June 24, 2026. 0.62% below its 12-month average of 1.61.
DRS Quick Ratio (Acid-Test) Chart
Reported annual fiscal-period values; no daily interpolation.
DRS Average Quick Ratio (Acid-Test) Chart
DRS Current vs Average Quick Ratio (Acid-Test) Chart
DRS Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.60
QUICK RATIO (ACID-TEST) AVG TTM
1.61
QUICK RATIO (ACID-TEST) AVG 3Y
1.50
QUICK RATIO (ACID-TEST) AVG 5Y
1.38
QUICK RATIO (ACID-TEST) AVG 10Y
1.33
QUICK RATIO (ACID-TEST) AVG 15Y
1.33
QUICK RATIO (ACID-TEST) AVG 20Y
1.20
CURRENT VS TTM AVG
-0.62%
CURRENT VS 3Y AVG
+6.31%
CURRENT VS 5Y AVG
+16.22%
CURRENT VS 10Y AVG
+20.43%
CURRENT VS 15Y AVG
+20.43%
CURRENT VS 20Y AVG
+33.44%
DRS Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Leonardo DRS, Inc. (DRS) | $11.92B | 1.60 | 1.61 | 1.50 | 1.38 |
| Pentair plc (PNR)vs › | $11.82B | 0.95 | 0.94 | 0.88 | 0.82 |
| Huntington Ingalls Industries, Inc. (HII)vs › | $11.17B | 1.06 | 1.04 | 0.96 | 1.00 |
| CNH Industrial N.V. (CNH)vs › | $12.82B | 6.60 | 4.22 | 3.64 | 3.24 |
| Powell Industries, Inc. (POWL)vs › | $10.73B | 1.90 | 1.75 | 1.66 | 1.82 |
| Advanced Energy Industries, Inc. (AEIS)vs › | $13.68B | 1.17 | 2.22 | 2.65 | 2.57 |
| Stanley Black & Decker, Inc. (SWK)vs › | $13.94B | 0.35 | 0.35 | 0.37 | 0.36 |
| Jacobs Solutions Inc. (J)vs › | $14.41B | 1.30 | 1.25 | 1.33 | 1.37 |
| Builders FirstSource, Inc. (BLDR)vs › | $9.05B | 1.16 | 1.13 | 1.12 | 1.15 |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $8.99B | 3.46 | 2.92 | 2.33 | 2.63 |
Liquidity Comparison
Quick Ratio
1.60
Excludes inventory
Current Ratio
1.89
Includes inventory
Leonardo DRS, Inc. Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Leonardo DRS, Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Leonardo DRS, Inc. (DRS)?
- The quick ratio (acid-test) for DRS stock is 1.60.
- Is Leonardo DRS, Inc.'s quick ratio (acid-test) high or low?
- Leonardo DRS, Inc.'s quick ratio (acid-test) of 1.60 is 16% above its 5-year average of 1.38, near the high end of its 5-year range (1.04–1.62).
- What is the TTM average quick ratio (acid-test) for Leonardo DRS, Inc. (DRS)?
- The TTM average quick ratio (acid-test) for DRS stock is 1.61.
- What is the 3Y average quick ratio (acid-test) for Leonardo DRS, Inc. (DRS)?
- The 3Y average quick ratio (acid-test) for DRS stock is 1.50.
- What is the 5Y average quick ratio (acid-test) for Leonardo DRS, Inc. (DRS)?
- The 5Y average quick ratio (acid-test) for DRS stock is 1.38.
- What is the 10Y average quick ratio (acid-test) for Leonardo DRS, Inc. (DRS)?
- The 10Y average quick ratio (acid-test) for DRS stock is 1.33.
- What is the 15Y average quick ratio (acid-test) for Leonardo DRS, Inc. (DRS)?
- The 15Y average quick ratio (acid-test) for DRS stock is 1.33.
- What is the 20Y average quick ratio (acid-test) for Leonardo DRS, Inc. (DRS)?
- The 20Y average quick ratio (acid-test) for DRS stock is 1.20.
Leonardo DRS, Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 1.60 |
| 2024-12-31 | 1.62 |
| 2023-12-31 | 1.47 |
| 2022-12-31 | 1.33 |
| 2021-12-31 | 1.20 |
| 2020-12-31 | 1.04 |
| 2019-12-31 | 1.04 |
| 2008-03-31 | 0.90 |
| 2007-03-31 | 0.98 |
| 2006-03-31 | 0.81 |
Related Metrics
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.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- John A. Baylouny