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

Leonardo DRS, Inc. is the larger business by last-quarter revenue ($1.1B vs $1.0B, roughly 1.0× TORO CO). Leonardo DRS, Inc. runs the higher net margin — 9.6% vs 6.6%, a 3.1% gap on every dollar of revenue. On growth, Leonardo DRS, Inc. posted the faster year-over-year revenue change (8.1% vs 4.2%). Leonardo DRS, Inc. produced more free cash flow last quarter ($376.0M vs $14.6M). Over the past eight quarters, Leonardo DRS, Inc.'s revenue compounded faster (24.1% CAGR vs -2.1%).

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.

The Toro Company is an American company based in the Minneapolis suburb of Bloomington, Minnesota, that designs, manufactures, and markets lawn mowers, snow blowers, and irrigation system supplies for commercial and residential, agricultural, and public sector uses.

DRS vs TTC — Head-to-Head

Bigger by revenue
DRS
DRS
1.0× larger
DRS
$1.1B
$1.0B
TTC
Growing faster (revenue YoY)
DRS
DRS
+3.9% gap
DRS
8.1%
4.2%
TTC
Higher net margin
DRS
DRS
3.1% more per $
DRS
9.6%
6.6%
TTC
More free cash flow
DRS
DRS
$361.4M more FCF
DRS
$376.0M
$14.6M
TTC
Faster 2-yr revenue CAGR
DRS
DRS
Annualised
DRS
24.1%
-2.1%
TTC

Income Statement — Q4 FY2025 vs Q1 FY2027

Metric
DRS
DRS
TTC
TTC
Revenue
$1.1B
$1.0B
Net Profit
$102.0M
$67.9M
Gross Margin
25.4%
32.5%
Operating Margin
11.9%
8.4%
Net Margin
9.6%
6.6%
Revenue YoY
8.1%
4.2%
Net Profit YoY
14.6%
3.0%
EPS (diluted)
$0.38
$0.69

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
TTC
TTC
Q4 26
$1.0B
Q4 25
$1.1B
Q3 25
$960.0M
$1.1B
Q2 25
$829.0M
$1.3B
Q1 25
$799.0M
$995.0M
Q4 24
$981.0M
Q3 24
$812.0M
$1.2B
Q2 24
$753.0M
$1.3B
Net Profit
DRS
DRS
TTC
TTC
Q4 26
$67.9M
Q4 25
$102.0M
Q3 25
$72.0M
$53.5M
Q2 25
$54.0M
$136.8M
Q1 25
$50.0M
$52.8M
Q4 24
$89.0M
Q3 24
$57.0M
$119.3M
Q2 24
$38.0M
$144.8M
Gross Margin
DRS
DRS
TTC
TTC
Q4 26
32.5%
Q4 25
25.4%
Q3 25
23.1%
33.7%
Q2 25
23.8%
33.1%
Q1 25
22.7%
33.7%
Q4 24
24.0%
Q3 24
22.0%
34.8%
Q2 24
22.4%
33.6%
Operating Margin
DRS
DRS
TTC
TTC
Q4 26
8.4%
Q4 25
11.9%
Q3 25
9.7%
5.7%
Q2 25
8.4%
13.3%
Q1 25
7.4%
7.8%
Q4 24
12.2%
Q3 24
9.2%
12.8%
Q2 24
7.3%
13.9%
Net Margin
DRS
DRS
TTC
TTC
Q4 26
6.6%
Q4 25
9.6%
Q3 25
7.5%
4.7%
Q2 25
6.5%
10.4%
Q1 25
6.3%
5.3%
Q4 24
9.1%
Q3 24
7.0%
10.3%
Q2 24
5.0%
10.7%
EPS (diluted)
DRS
DRS
TTC
TTC
Q4 26
$0.69
Q4 25
$0.38
Q3 25
$0.26
$0.54
Q2 25
$0.20
$1.37
Q1 25
$0.19
$0.52
Q4 24
$0.34
Q3 24
$0.21
$1.14
Q2 24
$0.14
$1.38

Balance Sheet & Financial Strength

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

Metric
DRS
DRS
TTC
TTC
Cash + ST InvestmentsLiquidity on hand
$647.0M
$189.0M
Total DebtLower is stronger
$321.0M
$1.1B
Stockholders' EquityBook value
$2.7B
$1.4B
Total Assets
$4.5B
$3.7B
Debt / EquityLower = less leverage
0.12×
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DRS
DRS
TTC
TTC
Q4 26
$189.0M
Q4 25
$647.0M
Q3 25
$309.0M
Q2 25
$278.0M
Q1 25
$380.0M
Q4 24
$598.0M
Q3 24
$198.0M
Q2 24
$149.0M
Total Debt
DRS
DRS
TTC
TTC
Q4 26
$1.1B
Q4 25
$321.0M
Q3 25
$326.0M
$1.0B
Q2 25
$331.0M
$1.1B
Q1 25
$335.0M
$1.1B
Q4 24
$340.0M
Q3 24
$345.0M
$991.9M
Q2 24
$351.0M
$1.0B
Stockholders' Equity
DRS
DRS
TTC
TTC
Q4 26
$1.4B
Q4 25
$2.7B
Q3 25
$2.6B
$1.4B
Q2 25
$2.6B
$1.5B
Q1 25
$2.6B
$1.5B
Q4 24
$2.6B
Q3 24
$2.5B
$1.6B
Q2 24
$2.4B
$1.7B
Total Assets
DRS
DRS
TTC
TTC
Q4 26
$3.7B
Q4 25
$4.5B
Q3 25
$4.2B
$3.5B
Q2 25
$4.1B
$3.8B
Q1 25
$4.1B
$3.7B
Q4 24
$4.2B
Q3 24
$3.9B
$3.7B
Q2 24
$3.8B
$3.9B
Debt / Equity
DRS
DRS
TTC
TTC
Q4 26
0.75×
Q4 25
0.12×
Q3 25
0.12×
0.73×
Q2 25
0.13×
0.74×
Q1 25
0.13×
0.75×
Q4 24
0.13×
Q3 24
0.14×
0.61×
Q2 24
0.15×
0.62×

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
TTC
TTC
Operating Cash FlowLast quarter
$425.0M
Free Cash FlowOCF − Capex
$376.0M
$14.6M
FCF MarginFCF / Revenue
35.5%
1.4%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
4.17×
TTM Free Cash FlowTrailing 4 quarters
$227.0M
$306.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DRS
DRS
TTC
TTC
Q4 26
Q4 25
$425.0M
Q3 25
$107.0M
$225.8M
Q2 25
$-28.0M
$171.7M
Q1 25
$-138.0M
$-48.6M
Q4 24
$443.0M
Q3 24
$59.0M
$194.7M
Q2 24
$34.0M
$227.3M
Free Cash Flow
DRS
DRS
TTC
TTC
Q4 26
$14.6M
Q4 25
$376.0M
Q3 25
$77.0M
$207.2M
Q2 25
$-56.0M
$152.4M
Q1 25
$-170.0M
$-67.7M
Q4 24
$414.0M
Q3 24
$47.0M
$170.6M
Q2 24
$0
$206.9M
FCF Margin
DRS
DRS
TTC
TTC
Q4 26
1.4%
Q4 25
35.5%
Q3 25
8.0%
18.3%
Q2 25
-6.8%
11.6%
Q1 25
-21.3%
-6.8%
Q4 24
42.2%
Q3 24
5.8%
14.7%
Q2 24
0.0%
15.3%
Capex Intensity
DRS
DRS
TTC
TTC
Q4 26
Q4 25
4.6%
Q3 25
3.1%
1.6%
Q2 25
3.4%
1.5%
Q1 25
4.0%
1.9%
Q4 24
3.0%
Q3 24
1.5%
2.1%
Q2 24
4.5%
1.5%
Cash Conversion
DRS
DRS
TTC
TTC
Q4 26
Q4 25
4.17×
Q3 25
1.49×
4.22×
Q2 25
-0.52×
1.26×
Q1 25
-2.76×
-0.92×
Q4 24
4.98×
Q3 24
1.04×
1.63×
Q2 24
0.89×
1.57×

Financial Flow Comparison

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

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