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Side-by-side financial comparison of Leonardo DRS, Inc. (DRS) and Evercore Inc. (EVR). Click either name above to swap in a different company.
Evercore Inc. is the larger business by last-quarter revenue ($1.4B vs $1.1B, roughly 1.3× Leonardo DRS, Inc.). Evercore Inc. runs the higher net margin — 23.0% vs 9.6%, a 13.4% gap on every dollar of revenue. On growth, Evercore Inc. posted the faster year-over-year revenue change (100.3% vs 8.1%). Over the past eight quarters, Evercore Inc.'s revenue compounded faster (42.2% CAGR vs 24.1%).
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.
Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions since its founding.
DRS vs EVR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.4B |
| Net Profit | $102.0M | $322.7M |
| Gross Margin | 25.4% | — |
| Operating Margin | 11.9% | — |
| Net Margin | 9.6% | 23.0% |
| Revenue YoY | 8.1% | 100.3% |
| Net Profit YoY | 14.6% | 106.1% |
| EPS (diluted) | $0.38 | $7.20 |
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.
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $960.0M | $1.0B | ||
| Q2 25 | $829.0M | $838.0M | ||
| Q1 25 | $799.0M | $699.0M | ||
| Q4 24 | $981.0M | $979.5M | ||
| Q3 24 | $812.0M | $738.4M | ||
| Q2 24 | $753.0M | $693.4M |
| Q1 26 | — | $322.7M | ||
| Q4 25 | $102.0M | $204.0M | ||
| Q3 25 | $72.0M | $144.6M | ||
| Q2 25 | $54.0M | $97.2M | ||
| Q1 25 | $50.0M | $146.2M | ||
| Q4 24 | $89.0M | $140.4M | ||
| Q3 24 | $57.0M | $78.4M | ||
| Q2 24 | $38.0M | $73.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 11.9% | 24.2% | ||
| Q3 25 | 9.7% | 20.8% | ||
| Q2 25 | 8.4% | 18.0% | ||
| Q1 25 | 7.4% | 16.0% | ||
| Q4 24 | 12.2% | 21.8% | ||
| Q3 24 | 9.2% | 16.7% | ||
| Q2 24 | 7.3% | 15.9% |
| Q1 26 | — | 23.0% | ||
| Q4 25 | 9.6% | 15.7% | ||
| Q3 25 | 7.5% | 13.8% | ||
| Q2 25 | 6.5% | 11.6% | ||
| Q1 25 | 6.3% | 20.9% | ||
| Q4 24 | 9.1% | 14.3% | ||
| Q3 24 | 7.0% | 10.6% | ||
| Q2 24 | 5.0% | 10.6% |
| Q1 26 | — | $7.20 | ||
| Q4 25 | $0.38 | $4.80 | ||
| Q3 25 | $0.26 | $3.41 | ||
| Q2 25 | $0.20 | $2.36 | ||
| Q1 25 | $0.19 | $3.48 | ||
| Q4 24 | $0.34 | $3.32 | ||
| Q3 24 | $0.21 | $1.86 | ||
| Q2 24 | $0.14 | $1.81 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $647.0M | — |
| Total DebtLower is stronger | $321.0M | — |
| Stockholders' EquityBook value | $2.7B | — |
| Total Assets | $4.5B | — |
| Debt / EquityLower = less leverage | 0.12× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $647.0M | $3.0B | ||
| Q3 25 | $309.0M | $2.4B | ||
| Q2 25 | $278.0M | $1.7B | ||
| Q1 25 | $380.0M | $1.4B | ||
| Q4 24 | $598.0M | $2.4B | ||
| Q3 24 | $198.0M | $1.8B | ||
| Q2 24 | $149.0M | $1.7B |
| Q1 26 | — | — | ||
| Q4 25 | $321.0M | — | ||
| Q3 25 | $326.0M | — | ||
| Q2 25 | $331.0M | — | ||
| Q1 25 | $335.0M | — | ||
| Q4 24 | $340.0M | — | ||
| Q3 24 | $345.0M | — | ||
| Q2 24 | $351.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | $2.0B | ||
| Q3 25 | $2.6B | $1.8B | ||
| Q2 25 | $2.6B | $1.7B | ||
| Q1 25 | $2.6B | $1.5B | ||
| Q4 24 | $2.6B | $1.7B | ||
| Q3 24 | $2.5B | $1.6B | ||
| Q2 24 | $2.4B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | $4.5B | $5.4B | ||
| Q3 25 | $4.2B | $4.4B | ||
| Q2 25 | $4.1B | $3.7B | ||
| Q1 25 | $4.1B | $3.3B | ||
| Q4 24 | $4.2B | $4.2B | ||
| Q3 24 | $3.9B | $3.6B | ||
| Q2 24 | $3.8B | $3.3B |
| Q1 26 | — | — | ||
| Q4 25 | 0.12× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | 0.13× | — | ||
| Q3 24 | 0.14× | — | ||
| Q2 24 | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $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.
| Q1 26 | — | — | ||
| Q4 25 | $425.0M | $807.5M | ||
| Q3 25 | $107.0M | $560.9M | ||
| Q2 25 | $-28.0M | $437.7M | ||
| Q1 25 | $-138.0M | $-549.7M | ||
| Q4 24 | $443.0M | $686.4M | ||
| Q3 24 | $59.0M | $234.5M | ||
| Q2 24 | $34.0M | $348.5M |
| Q1 26 | — | — | ||
| Q4 25 | $376.0M | $798.6M | ||
| Q3 25 | $77.0M | $541.5M | ||
| Q2 25 | $-56.0M | $411.7M | ||
| Q1 25 | $-170.0M | $-569.3M | ||
| Q4 24 | $414.0M | $673.1M | ||
| Q3 24 | $47.0M | $226.6M | ||
| Q2 24 | $0 | $340.7M |
| Q1 26 | — | — | ||
| Q4 25 | 35.5% | 61.6% | ||
| Q3 25 | 8.0% | 51.8% | ||
| Q2 25 | -6.8% | 49.1% | ||
| Q1 25 | -21.3% | -81.4% | ||
| Q4 24 | 42.2% | 68.7% | ||
| Q3 24 | 5.8% | 30.7% | ||
| Q2 24 | 0.0% | 49.1% |
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | 0.7% | ||
| Q3 25 | 3.1% | 1.9% | ||
| Q2 25 | 3.4% | 3.1% | ||
| Q1 25 | 4.0% | 2.8% | ||
| Q4 24 | 3.0% | 1.4% | ||
| Q3 24 | 1.5% | 1.1% | ||
| Q2 24 | 4.5% | 1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 4.17× | 3.96× | ||
| Q3 25 | 1.49× | 3.88× | ||
| Q2 25 | -0.52× | 4.50× | ||
| Q1 25 | -2.76× | -3.76× | ||
| Q4 24 | 4.98× | 4.89× | ||
| Q3 24 | 1.04× | 2.99× | ||
| Q2 24 | 0.89× | 4.72× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DRS
Segment breakdown not available.
EVR
| Advisory Fees (1) | $1.2B | 89% |
| Commissions and Related Revenue | $62.7M | 4% |
| Underwriting Fees | $55.1M | 4% |
| Asset Management and Administration Fees (2) | $23.7M | 2% |
| Other Revenue, net | $15.4M | 1% |
