vs

Side-by-side financial comparison of Leonardo DRS, Inc. (DRS) and Occidental Petroleum (OXY). Click either name above to swap in a different company.

Occidental Petroleum is the larger business by last-quarter revenue ($1.7B vs $1.1B, roughly 1.6× Leonardo DRS, Inc.). Leonardo DRS, Inc. runs the higher net margin — 9.6% vs 6.9%, a 2.7% gap on every dollar of revenue. On growth, Leonardo DRS, Inc. posted the faster year-over-year revenue change (8.1% vs -75.8%). Occidental Petroleum produced more free cash flow last quarter ($1.9B vs $376.0M). Over the past eight quarters, Leonardo DRS, Inc.'s revenue compounded faster (24.1% CAGR vs -50.4%).

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.

Occidental Petroleum Corporation is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile. It is incorporated under the Delaware General Corporation Law and headquartered in Houston. The company ranked 183rd on the 2021 Fortune 500 based on its 2020 revenues and 670th on the 2021 Forbes Global 2000.

DRS vs OXY — Head-to-Head

Bigger by revenue
OXY
OXY
1.6× larger
OXY
$1.7B
$1.1B
DRS
Growing faster (revenue YoY)
DRS
DRS
+83.9% gap
DRS
8.1%
-75.8%
OXY
Higher net margin
DRS
DRS
2.7% more per $
DRS
9.6%
6.9%
OXY
More free cash flow
OXY
OXY
$1.5B more FCF
OXY
$1.9B
$376.0M
DRS
Faster 2-yr revenue CAGR
DRS
DRS
Annualised
DRS
24.1%
-50.4%
OXY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DRS
DRS
OXY
OXY
Revenue
$1.1B
$1.7B
Net Profit
$102.0M
$114.0M
Gross Margin
25.4%
Operating Margin
11.9%
-6.5%
Net Margin
9.6%
6.9%
Revenue YoY
8.1%
-75.8%
Net Profit YoY
14.6%
195.0%
EPS (diluted)
$0.38
$-0.07

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
DRS
DRS
OXY
OXY
Q4 25
$1.1B
$1.7B
Q3 25
$960.0M
$6.7B
Q2 25
$829.0M
$6.3B
Q1 25
$799.0M
$6.9B
Q4 24
$981.0M
$6.9B
Q3 24
$812.0M
$7.0B
Q2 24
$753.0M
$6.8B
Q1 24
$688.0M
$6.7B
Net Profit
DRS
DRS
OXY
OXY
Q4 25
$102.0M
$114.0M
Q3 25
$72.0M
$842.0M
Q2 25
$54.0M
$468.0M
Q1 25
$50.0M
$945.0M
Q4 24
$89.0M
$-120.0M
Q3 24
$57.0M
$1.1B
Q2 24
$38.0M
$1.2B
Q1 24
$29.0M
$888.0M
Gross Margin
DRS
DRS
OXY
OXY
Q4 25
25.4%
Q3 25
23.1%
87.8%
Q2 25
23.8%
86.6%
Q1 25
22.7%
88.4%
Q4 24
24.0%
89.0%
Q3 24
22.0%
88.5%
Q2 24
22.4%
87.9%
Q1 24
22.2%
89.0%
Operating Margin
DRS
DRS
OXY
OXY
Q4 25
11.9%
-6.5%
Q3 25
9.7%
17.4%
Q2 25
8.4%
11.7%
Q1 25
7.4%
19.3%
Q4 24
12.2%
-2.5%
Q3 24
9.2%
22.7%
Q2 24
7.3%
24.0%
Q1 24
6.3%
15.0%
Net Margin
DRS
DRS
OXY
OXY
Q4 25
9.6%
6.9%
Q3 25
7.5%
12.6%
Q2 25
6.5%
7.4%
Q1 25
6.3%
13.7%
Q4 24
9.1%
-1.7%
Q3 24
7.0%
16.2%
Q2 24
5.0%
17.2%
Q1 24
4.2%
13.2%
EPS (diluted)
DRS
DRS
OXY
OXY
Q4 25
$0.38
$-0.07
Q3 25
$0.26
$0.65
Q2 25
$0.20
$0.26
Q1 25
$0.19
$0.77
Q4 24
$0.34
$-0.32
Q3 24
$0.21
$0.98
Q2 24
$0.14
$1.03
Q1 24
$0.11
$0.75

Balance Sheet & Financial Strength

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

Metric
DRS
DRS
OXY
OXY
Cash + ST InvestmentsLiquidity on hand
$647.0M
$2.0B
Total DebtLower is stronger
$321.0M
$20.6B
Stockholders' EquityBook value
$2.7B
$36.0B
Total Assets
$4.5B
$84.2B
Debt / EquityLower = less leverage
0.12×
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DRS
DRS
OXY
OXY
Q4 25
$647.0M
$2.0B
Q3 25
$309.0M
$2.2B
Q2 25
$278.0M
$2.3B
Q1 25
$380.0M
$2.6B
Q4 24
$598.0M
$2.1B
Q3 24
$198.0M
$1.8B
Q2 24
$149.0M
$1.8B
Q1 24
$160.0M
$1.3B
Total Debt
DRS
DRS
OXY
OXY
Q4 25
$321.0M
$20.6B
Q3 25
$326.0M
$20.8B
Q2 25
$331.0M
$23.3B
Q1 25
$335.0M
$24.0B
Q4 24
$340.0M
$25.0B
Q3 24
$345.0M
$25.5B
Q2 24
$351.0M
$18.4B
Q1 24
$356.0M
$18.5B
Stockholders' Equity
DRS
DRS
OXY
OXY
Q4 25
$2.7B
$36.0B
Q3 25
$2.6B
$36.3B
Q2 25
$2.6B
$35.7B
Q1 25
$2.6B
$34.7B
Q4 24
$2.6B
$34.2B
Q3 24
$2.5B
$34.7B
Q2 24
$2.4B
$32.1B
Q1 24
$2.4B
$30.8B
Total Assets
DRS
DRS
OXY
OXY
Q4 25
$4.5B
$84.2B
Q3 25
$4.2B
$83.5B
Q2 25
$4.1B
$84.4B
Q1 25
$4.1B
$85.0B
Q4 24
$4.2B
$85.4B
Q3 24
$3.9B
$85.8B
Q2 24
$3.8B
$76.2B
Q1 24
$3.8B
$74.3B
Debt / Equity
DRS
DRS
OXY
OXY
Q4 25
0.12×
0.57×
Q3 25
0.12×
0.57×
Q2 25
0.13×
0.65×
Q1 25
0.13×
0.69×
Q4 24
0.13×
0.73×
Q3 24
0.14×
0.73×
Q2 24
0.15×
0.57×
Q1 24
0.15×
0.60×

Cash Flow & Capital Efficiency

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

Metric
DRS
DRS
OXY
OXY
Operating Cash FlowLast quarter
$425.0M
$2.6B
Free Cash FlowOCF − Capex
$376.0M
$1.9B
FCF MarginFCF / Revenue
35.5%
113.4%
Capex IntensityCapex / Revenue
4.6%
45.4%
Cash ConversionOCF / Net Profit
4.17×
23.11×
TTM Free Cash FlowTrailing 4 quarters
$227.0M
$4.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DRS
DRS
OXY
OXY
Q4 25
$425.0M
$2.6B
Q3 25
$107.0M
$2.8B
Q2 25
$-28.0M
$3.0B
Q1 25
$-138.0M
$2.1B
Q4 24
$443.0M
$3.4B
Q3 24
$59.0M
$3.7B
Q2 24
$34.0M
$2.4B
Q1 24
$-265.0M
$2.0B
Free Cash Flow
DRS
DRS
OXY
OXY
Q4 25
$376.0M
$1.9B
Q3 25
$77.0M
$1.0B
Q2 25
$-56.0M
$962.0M
Q1 25
$-170.0M
$240.0M
Q4 24
$414.0M
$1.6B
Q3 24
$47.0M
$2.0B
Q2 24
$0
$623.0M
Q1 24
$-275.0M
$224.0M
FCF Margin
DRS
DRS
OXY
OXY
Q4 25
35.5%
113.4%
Q3 25
8.0%
15.3%
Q2 25
-6.8%
15.2%
Q1 25
-21.3%
3.5%
Q4 24
42.2%
23.0%
Q3 24
5.8%
28.5%
Q2 24
0.0%
9.2%
Q1 24
-40.0%
3.3%
Capex Intensity
DRS
DRS
OXY
OXY
Q4 25
4.6%
45.4%
Q3 25
3.1%
26.5%
Q2 25
3.4%
31.6%
Q1 25
4.0%
27.6%
Q4 24
3.0%
26.0%
Q3 24
1.5%
24.0%
Q2 24
4.5%
26.0%
Q1 24
1.5%
26.5%
Cash Conversion
DRS
DRS
OXY
OXY
Q4 25
4.17×
23.11×
Q3 25
1.49×
3.31×
Q2 25
-0.52×
6.32×
Q1 25
-2.76×
2.27×
Q4 24
4.98×
Q3 24
1.04×
3.23×
Q2 24
0.89×
2.05×
Q1 24
-9.14×
2.26×

Financial Flow Comparison

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

Related Comparisons