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Side-by-side financial comparison of CIVITAS RESOURCES, INC. (CIVI) and Leonardo DRS, Inc. (DRS). Click either name above to swap in a different company.

CIVITAS RESOURCES, INC. is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.1× Leonardo DRS, Inc.). On growth, Leonardo DRS, Inc. posted the faster year-over-year revenue change (8.1% vs -8.2%). Over the past eight quarters, Leonardo DRS, Inc.'s revenue compounded faster (24.1% CAGR vs 1.8%).

Civitas Resources, Inc. is a U.S.-based sustainable energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It primarily operates across the Denver-Julesburg Basin in Colorado, prioritizing low-emission, responsible energy production to meet diverse North American energy demand.

Leonardo DRS, Inc. is a United States–based defense contractor. Originally founded as DRS Technologies, Inc. and traded on the NYSE, it was acquired by Leonardo’s predecessor Finmeccanica in 2008. Leonardo DRS provides advanced defense technologies and systems primarily to the U.S. military.

CIVI vs DRS — Head-to-Head

Bigger by revenue
CIVI
CIVI
1.1× larger
CIVI
$1.2B
$1.1B
DRS
Growing faster (revenue YoY)
DRS
DRS
+16.2% gap
DRS
8.1%
-8.2%
CIVI
Faster 2-yr revenue CAGR
DRS
DRS
Annualised
DRS
24.1%
1.8%
CIVI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CIVI
CIVI
DRS
DRS
Revenue
$1.2B
$1.1B
Net Profit
$102.0M
Gross Margin
25.4%
Operating Margin
20.0%
11.9%
Net Margin
9.6%
Revenue YoY
-8.2%
8.1%
Net Profit YoY
14.6%
EPS (diluted)
$1.99
$0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CIVI
CIVI
DRS
DRS
Q4 25
$1.1B
Q3 25
$1.2B
$960.0M
Q2 25
$1.1B
$829.0M
Q1 25
$1.2B
$799.0M
Q4 24
$1.3B
$981.0M
Q3 24
$1.3B
$812.0M
Q2 24
$1.3B
$753.0M
Q1 24
$1.3B
$688.0M
Net Profit
CIVI
CIVI
DRS
DRS
Q4 25
$102.0M
Q3 25
$72.0M
Q2 25
$54.0M
Q1 25
$50.0M
Q4 24
$89.0M
Q3 24
$57.0M
Q2 24
$38.0M
Q1 24
$29.0M
Gross Margin
CIVI
CIVI
DRS
DRS
Q4 25
25.4%
Q3 25
23.1%
Q2 25
23.8%
Q1 25
22.7%
Q4 24
24.0%
Q3 24
22.0%
Q2 24
22.4%
Q1 24
22.2%
Operating Margin
CIVI
CIVI
DRS
DRS
Q4 25
11.9%
Q3 25
20.0%
9.7%
Q2 25
15.3%
8.4%
Q1 25
20.7%
7.4%
Q4 24
15.4%
12.2%
Q3 24
30.6%
9.2%
Q2 24
21.6%
7.3%
Q1 24
15.9%
6.3%
Net Margin
CIVI
CIVI
DRS
DRS
Q4 25
9.6%
Q3 25
7.5%
Q2 25
6.5%
Q1 25
6.3%
Q4 24
9.1%
Q3 24
7.0%
Q2 24
5.0%
Q1 24
4.2%
EPS (diluted)
CIVI
CIVI
DRS
DRS
Q4 25
$0.38
Q3 25
$1.99
$0.26
Q2 25
$1.34
$0.20
Q1 25
$1.99
$0.19
Q4 24
$1.56
$0.34
Q3 24
$3.01
$0.21
Q2 24
$2.15
$0.14
Q1 24
$1.74
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CIVI
CIVI
DRS
DRS
Cash + ST InvestmentsLiquidity on hand
$56.0M
$647.0M
Total DebtLower is stronger
$5.1B
$321.0M
Stockholders' EquityBook value
$6.7B
$2.7B
Total Assets
$15.1B
$4.5B
Debt / EquityLower = less leverage
0.77×
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIVI
CIVI
DRS
DRS
Q4 25
$647.0M
Q3 25
$56.0M
$309.0M
Q2 25
$69.0M
$278.0M
Q1 25
$20.0M
$380.0M
Q4 24
$76.0M
$598.0M
Q3 24
$47.1M
$198.0M
Q2 24
$91.9M
$149.0M
Q1 24
$52.1M
$160.0M
Total Debt
CIVI
CIVI
DRS
DRS
Q4 25
$321.0M
Q3 25
$5.1B
$326.0M
Q2 25
$5.4B
$331.0M
Q1 25
$5.1B
$335.0M
Q4 24
$4.5B
$340.0M
Q3 24
$4.8B
$345.0M
Q2 24
$4.9B
$351.0M
Q1 24
$4.4B
$356.0M
Stockholders' Equity
CIVI
CIVI
DRS
DRS
Q4 25
$2.7B
Q3 25
$6.7B
$2.6B
Q2 25
$6.8B
$2.6B
Q1 25
$6.7B
$2.6B
Q4 24
$6.6B
$2.6B
Q3 24
$6.7B
$2.5B
Q2 24
$6.6B
$2.4B
Q1 24
$6.6B
$2.4B
Total Assets
CIVI
CIVI
DRS
DRS
Q4 25
$4.5B
Q3 25
$15.1B
$4.2B
Q2 25
$15.4B
$4.1B
Q1 25
$15.3B
$4.1B
Q4 24
$14.9B
$4.2B
Q3 24
$15.0B
$3.9B
Q2 24
$15.0B
$3.8B
Q1 24
$15.1B
$3.8B
Debt / Equity
CIVI
CIVI
DRS
DRS
Q4 25
0.12×
Q3 25
0.77×
0.12×
Q2 25
0.79×
0.13×
Q1 25
0.76×
0.13×
Q4 24
0.68×
0.13×
Q3 24
0.73×
0.14×
Q2 24
0.74×
0.15×
Q1 24
0.67×
0.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CIVI
CIVI
DRS
DRS
Operating Cash FlowLast quarter
$860.0M
$425.0M
Free Cash FlowOCF − Capex
$376.0M
FCF MarginFCF / Revenue
35.5%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
4.17×
TTM Free Cash FlowTrailing 4 quarters
$227.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIVI
CIVI
DRS
DRS
Q4 25
$425.0M
Q3 25
$860.0M
$107.0M
Q2 25
$298.0M
$-28.0M
Q1 25
$719.0M
$-138.0M
Q4 24
$858.2M
$443.0M
Q3 24
$835.0M
$59.0M
Q2 24
$359.0M
$34.0M
Q1 24
$813.0M
$-265.0M
Free Cash Flow
CIVI
CIVI
DRS
DRS
Q4 25
$376.0M
Q3 25
$77.0M
Q2 25
$-56.0M
Q1 25
$-170.0M
Q4 24
$414.0M
Q3 24
$47.0M
Q2 24
$0
Q1 24
$-275.0M
FCF Margin
CIVI
CIVI
DRS
DRS
Q4 25
35.5%
Q3 25
8.0%
Q2 25
-6.8%
Q1 25
-21.3%
Q4 24
42.2%
Q3 24
5.8%
Q2 24
0.0%
Q1 24
-40.0%
Capex Intensity
CIVI
CIVI
DRS
DRS
Q4 25
4.6%
Q3 25
3.1%
Q2 25
3.4%
Q1 25
4.0%
Q4 24
3.0%
Q3 24
1.5%
Q2 24
4.5%
Q1 24
1.5%
Cash Conversion
CIVI
CIVI
DRS
DRS
Q4 25
4.17×
Q3 25
1.49×
Q2 25
-0.52×
Q1 25
-2.76×
Q4 24
4.98×
Q3 24
1.04×
Q2 24
0.89×
Q1 24
-9.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CIVI
CIVI

Crude Oil Natural Gas And Natural Gas Liquids$1.2B99%
Oil And Gas Operation And Maintenance$8.0M1%
Natural Gas Reserves$2.0M0%

DRS
DRS

Segment breakdown not available.

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