Leonardo DRS, Inc. (DRS) Tax Rate: 17.26%
Is Leonardo DRS, Inc.’s tax rate high or low?
Leonardo DRS, Inc.'s tax rate of 17.26% is 13% below its 5-year average of 19.84%, around the middle of its 5-year range (12.50%–24.11%).
5.63% below its 12-month average of 18.29%.
DRS Tax Rate Chart
Reported annual fiscal-period values; no daily interpolation.
DRS Average Tax Rate Chart
DRS Current vs Average Tax Rate Chart
DRS Tax Rate Metrics
TAX RATE
17.26%
TAX RATE AVG TTM
18.29%
TAX RATE AVG 3Y
17.98%
TAX RATE AVG 5Y
19.84%
TAX RATE AVG 10Y
22.66%
TAX RATE AVG 15Y
22.66%
TAX RATE AVG 20Y
25.91%
CURRENT VS TTM AVG
-5.63%
CURRENT VS 3Y AVG
-4.03%
CURRENT VS 5Y AVG
-13.01%
CURRENT VS 10Y AVG
-23.83%
CURRENT VS 15Y AVG
-23.83%
CURRENT VS 20Y AVG
-33.38%
Leonardo DRS, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Leonardo DRS, Inc. Tax Rate FAQ
- What is the tax rate for Leonardo DRS, Inc. (DRS)?
- The tax rate for DRS stock is 17.26%.
- Is Leonardo DRS, Inc.'s tax rate high or low?
- Leonardo DRS, Inc.'s tax rate of 17.26% is 13% below its 5-year average of 19.84%, around the middle of its 5-year range (12.50%–24.11%).
- What is the TTM average tax rate for Leonardo DRS, Inc. (DRS)?
- The TTM average tax rate for DRS stock is 18.29%.
- What is the 3Y average tax rate for Leonardo DRS, Inc. (DRS)?
- The 3Y average tax rate for DRS stock is 17.98%.
- What is the 5Y average tax rate for Leonardo DRS, Inc. (DRS)?
- The 5Y average tax rate for DRS stock is 19.84%.
- What is the 10Y average tax rate for Leonardo DRS, Inc. (DRS)?
- The 10Y average tax rate for DRS stock is 22.66%.
- What is the 15Y average tax rate for Leonardo DRS, Inc. (DRS)?
- The 15Y average tax rate for DRS stock is 22.66%.
- What is the 20Y average tax rate for Leonardo DRS, Inc. (DRS)?
- The 20Y average tax rate for DRS stock is 25.91%.
Leonardo DRS, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 17.26% |
| 2024-12-31 | 19.32% |
| 2023-12-31 | 12.50% |
| 2022-12-31 | 22.86% |
| 2021-12-31 | 23.00% |
| 2020-12-31 | 24.11% |
| 2019-12-31 | 21.05% |
| 2018-12-31 | 41.18% |
| 2008-03-31 | 33.33% |
| 2007-03-31 | 31.87% |
| 2006-03-31 | 38.50% |
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