Leonardo Gross Profit from 2010 to 2024

DRS Stock

26.11 1.31 5.28%

Leonardo DRS Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 429.7 M in 2024. Gross Profit is the profit Leonardo DRS Common makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2018-03-31

Previous Quarter

204 M

Current Value

148 M

Quarterly Volatility

26.1 M

Covid

Check Leonardo DRS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Leonardo DRS's main balance sheet or income statement drivers, such as Interest Income of 41.1 M, Selling General Administrative of 257.2 M or Total Revenue of 2.2 B, as well as many indicators such as Price To Sales Ratio of 1.94, Dividend Yield of 0.11 or PTB Ratio of 2.36. Leonardo financial statements analysis is a perfect complement when working with Leonardo DRS Valuation or Volatility modules.

Check out the analysis of Leonardo DRS Correlation against competitors.

Latest Leonardo DRS's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Leonardo DRS Common over the last few years. Gross profit is a required income statement account that reflects total revenue of Leonardo DRS Common minus its cost of goods sold. It is profit before Leonardo DRS operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Leonardo DRS's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Leonardo DRS's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 575 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Leonardo Gross Profit Regression Statistics

	Arithmetic Mean	237,539,511
	Geometric Mean	24,865,153
	Coefficient Of Variation	111.73
	Mean Deviation	250,917,478
	Median	8,341,000
	Standard Deviation	265,402,329
	Sample Variance	70438.4T
	Range	624.6M
	R-Value	0.88
	Mean Square Error	17294.5T
	R-Squared	0.77
	Significance	0.000016
	Slope	52,143,670
	Total Sum of Squares	986137.5T

Leonardo Gross Profit History

	2024	429.7 M
	2023	626 M
	2022	575 M
	2021	547 M
	2020	494 M
	2019	459 M
	2018	414 M

Other Fundumenentals of Leonardo DRS Common

Gross Profit Margin

Leonardo DRS Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Long Term Debt	Net Receivables	Long Term Debt Total	Capital Surpluse	Total Liab	Total Current Assets	Cash And Equivalents	Short Term Debt	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Current Deferred Revenue	Net Debt	Accounts Payable	Good Will	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Intangible Assets
Total Assets		0.98	-0.97	0.48	1.0	0.64	0.65	0.98	1.0	0.72	0.91	0.84	0.99	0.58	0.83	0.64	-0.83	-0.75	0.67	0.78	-0.57	0.69	0.77	0.6
Total Stockholder Equity	0.98		-0.92	0.42	0.97	0.71	0.72	0.93	0.99	0.78	0.85	0.88	0.96	0.67	0.89	0.72	-0.89	-0.8	0.74	0.86	-0.61	0.78	0.85	0.69
Retained Earnings	-0.97	-0.92		-0.52	-0.98	-0.57	-0.58	-0.98	-0.95	-0.65	-0.93	-0.8	-0.97	-0.51	-0.78	-0.5	0.78	0.73	-0.59	-0.67	0.6	-0.53	-0.63	-0.46
Long Term Debt	0.48	0.42	-0.52		0.5	0.21	0.22	0.53	0.47	0.28	0.5	0.36	0.47	0.05	0.29	0.18	-0.29	-0.27	0.22	0.24	-0.22	0.19	0.23	0.17
Net Receivables	1.0	0.97	-0.98	0.5		0.6	0.61	0.99	0.99	0.68	0.93	0.81	0.99	0.54	0.8	0.58	-0.8	-0.72	0.63	0.73	-0.58	0.64	0.72	0.55
Long Term Debt Total	0.64	0.71	-0.57	0.21	0.6		1.0	0.54	0.66	0.99	0.41	0.92	0.53	0.84	0.89	0.89	-0.88	-0.9	1.0	0.95	-0.6	0.92	0.92	0.9
Capital Surpluse	0.65	0.72	-0.58	0.22	0.61	1.0		0.55	0.67	0.99	0.43	0.93	0.55	0.84	0.9	0.89	-0.89	-0.91	1.0	0.95	-0.61	0.92	0.92	0.9
Total Liab	0.98	0.93	-0.98	0.53	0.99	0.54	0.55		0.97	0.62	0.95	0.76	0.98	0.47	0.73	0.53	-0.73	-0.67	0.56	0.66	-0.51	0.56	0.65	0.48
Total Current Assets	1.0	0.99	-0.95	0.47	0.99	0.66	0.67	0.97		0.74	0.9	0.85	0.98	0.61	0.84	0.67	-0.85	-0.77	0.69	0.8	-0.58	0.72	0.8	0.63
Cash And Equivalents	0.72	0.78	-0.65	0.28	0.68	0.99	0.99	0.62	0.74		0.5	0.97	0.63	0.87	0.94	0.88	-0.94	-0.94	0.99	0.97	-0.66	0.91	0.94	0.87
Short Term Debt	0.91	0.85	-0.93	0.5	0.93	0.41	0.43	0.95	0.9	0.5		0.67	0.94	0.37	0.65	0.5	-0.64	-0.64	0.42	0.55	-0.29	0.43	0.55	0.29
Common Stock	0.84	0.88	-0.8	0.36	0.81	0.92	0.93	0.76	0.85	0.97	0.67		0.78	0.88	0.98	0.82	-0.98	-0.96	0.94	0.95	-0.71	0.84	0.92	0.78
Property Plant Equipment	0.99	0.96	-0.97	0.47	0.99	0.53	0.55	0.98	0.98	0.63	0.94	0.78		0.52	0.79	0.55	-0.79	-0.71	0.57	0.7	-0.54	0.58	0.69	0.47
Short Term Investments	0.58	0.67	-0.51	0.05	0.54	0.84	0.84	0.47	0.61	0.87	0.37	0.88	0.52		0.87	0.74	-0.89	-0.84	0.85	0.86	-0.69	0.76	0.85	0.69
Net Tangible Assets	0.83	0.89	-0.78	0.29	0.8	0.89	0.9	0.73	0.84	0.94	0.65	0.98	0.79	0.87		0.79	-1.0	-0.97	0.91	0.94	-0.72	0.82	0.91	0.74
Current Deferred Revenue	0.64	0.72	-0.5	0.18	0.58	0.89	0.89	0.53	0.67	0.88	0.5	0.82	0.55	0.74	0.79		-0.79	-0.82	0.87	0.92	-0.26	0.94	0.94	0.83
Net Debt	-0.83	-0.89	0.78	-0.29	-0.8	-0.88	-0.89	-0.73	-0.85	-0.94	-0.64	-0.98	-0.79	-0.89	-1.0	-0.79		0.96	-0.9	-0.94	0.74	-0.82	-0.91	-0.75
Accounts Payable	-0.75	-0.8	0.73	-0.27	-0.72	-0.9	-0.91	-0.67	-0.77	-0.94	-0.64	-0.96	-0.71	-0.84	-0.97	-0.82	0.96		-0.9	-0.91	0.6	-0.78	-0.87	-0.69
Good Will	0.67	0.74	-0.59	0.22	0.63	1.0	1.0	0.56	0.69	0.99	0.42	0.94	0.57	0.85	0.91	0.87	-0.9	-0.9		0.96	-0.66	0.93	0.93	0.92
Net Invested Capital	0.78	0.86	-0.67	0.24	0.73	0.95	0.95	0.66	0.8	0.97	0.55	0.95	0.7	0.86	0.94	0.92	-0.94	-0.91	0.96		-0.61	0.96	0.99	0.9
Short Long Term Debt	-0.57	-0.61	0.6	-0.22	-0.58	-0.6	-0.61	-0.51	-0.58	-0.66	-0.29	-0.71	-0.54	-0.69	-0.72	-0.26	0.74	0.6	-0.66	-0.61		-0.49	-0.54	-0.56
Capital Stock	0.69	0.78	-0.53	0.19	0.64	0.92	0.92	0.56	0.72	0.91	0.43	0.84	0.58	0.76	0.82	0.94	-0.82	-0.78	0.93	0.96	-0.49		0.97	0.97
Net Working Capital	0.77	0.85	-0.63	0.23	0.72	0.92	0.92	0.65	0.8	0.94	0.55	0.92	0.69	0.85	0.91	0.94	-0.91	-0.87	0.93	0.99	-0.54	0.97		0.9
Intangible Assets	0.6	0.69	-0.46	0.17	0.55	0.9	0.9	0.48	0.63	0.87	0.29	0.78	0.47	0.69	0.74	0.83	-0.75	-0.69	0.92	0.9	-0.56	0.97	0.9

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About Leonardo DRS Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Leonardo DRS income statement, its balance sheet, and the statement of cash flows. Leonardo DRS investors use historical funamental indicators, such as Leonardo DRS's Gross Profit, to determine how well the company is positioned to perform in the future. Although Leonardo DRS investors may use each financial statement separately, they are all related. The changes in Leonardo DRS's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Leonardo DRS's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Leonardo DRS Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Leonardo DRS. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	626 M	429.7 M
Gross Profit Margin	0.22	0.15

Pair Trading with Leonardo DRS

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Leonardo DRS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Leonardo DRS will appreciate offsetting losses from the drop in the long position's value.

Moving together with Leonardo Stock

0.72

Curtiss Wright

Pair Corr

Moving against Leonardo Stock

0.77	ESLT	Elbit Systems	Pair Corr
0.68	EH	Ehang Holdings	Pair Corr
0.65	VTSI	VirTra Inc	Pair Corr
0.52	EVTL	Vertical Aerospace	Pair Corr
0.52	CVU	CPI Aerostructures	Pair Corr

The ability to find closely correlated positions to Leonardo DRS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Leonardo DRS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Leonardo DRS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Leonardo DRS Common to buy it.

The correlation of Leonardo DRS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Leonardo DRS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Leonardo DRS Common moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Leonardo DRS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Leonardo Stock Analysis

When running Leonardo DRS's price analysis, check to measure Leonardo DRS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Leonardo DRS is operating at the current time. Most of Leonardo DRS's value examination focuses on studying past and present price action to predict the probability of Leonardo DRS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leonardo DRS's price. Additionally, you may evaluate how the addition of Leonardo DRS to your portfolios can decrease your overall portfolio volatility.

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