Leonardo DRS price to free cash flow DRS

Market value divided by free cash flow over the last twelve months, since 2022.

Today, Oct 23, 2026: 25.4×
5-year median: 34.2×
Against its 5-year history: 19th; percentile: 0 is its lowest day, 100 its highest
5-year range: 11.7× to 54.6×
Peer median: 30.2×

Leonardo DRS' price to free cash flow is 25.4× as of Oct 23, 2026.

That is below its 5-year median of 34.2×, lower than on 81% of days in the last 5 years.

Over that time it ranged from 11.7× in Jul 2022 to 54.6× in Mar 2026.

The median for 10 aerospace and defense stocks of a similar size is 30.2×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	25.4×	25.4×	54.6×
2025	34.4×	28.4×	53.1×
2024	32.0×	25.5×	42.4×
2023	n/m a value too high to mean anything
2022	23.4×	11.7×	23.9×

Against its peers

Companies in Aerospace & Defense nearest Leonardo DRS' size, closest first, today.

Company	Price to free cash flow
DRSLeonardo DRS	25.4×
HIIHuntington Ingalls Industries	n/m
KTOSKratos Defense & Security Solutions	n/m
SAROStandardAero	32.9×
TXTTextron	17.4×
LOARLoar	54.4×
FTAIFTAI Aviation	n/m
CWCurtiss-Wright	27.5×
KRMNKarman	n/m
WWDWoodward	47.6×
AIRAAR	24.0×
Peer median	30.2×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Leonardo DRS

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.