Leonardo S.p.A.

Leonardo S.p.A.

FINMY
Leonardo S.p.A.US flagOther OTC
29.56
USD
-0.84
- -
68.22BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
11.84
11.04
11.31
10.44
10.21
10.65
11.99
11.66
12.29
12.79
13.29
15.43
16.91
13.21
Basic EPS, GAAP
0.02
-0.03
0.42
0.44
0.24
0.44
0.71
0.21
0.51
0.81
0.57
0.93
1.06
0.73
Free Cash Flow per Basic Share
-0.43
-0.21
0.03
0.38
0.21
0.1
0.04
-0.03
0.11
0.34
0.35
0.56
0.64
1.66
Dividend per Share
0.02
0.02
- -
- -
0.07
0.07
0.07
0.07
- -
0.07
0.07
0.15
0.3
0.3
Book Value per Share
2.18
2.18
2.2
2.2
2.17
2.17
2.2
2.2
2.19
2.19
2.19
2.19
2.19
- -
Tangible Book Value per Share
-2.26
-2.53
-2.36
-2.04
-2.03
-1.81
-1.24
-1.19
-0.54
0.25
0.87
1.28
1.9
- -
Basic Weighted Avg Shares
1,156
1,156
1,149
1,149
1,149
1,149
1,150
1,150
1,150
1,151
1,150
1,152
1,154
1,155
Sales/Revenue/Turnover
13,690
12,764
12,995
12,002
11,734
12,240
13,784
13,410
14,135
14,713
15,291
17,763
19,503
15,267
Operating Margin (%)
-0.17
4.65
5.72
6.52
5.12
5.49
7.95
6.01
5.94
6.11
6.56
7.38
8.77
10.67
Depreciation Expense
723
727
784
778
679
656
619
795
485
551
569
663
657
482
Net Income, GAAP
28
-31
487
505
277
509
821
241
586
927
658
1,074
1,224
846
Effective Tax Rate (%)
- -
135.35
41.77
23.76
31.62
13.2
16.92
4.74
22.05
5.19
15.66
19.99
19.1
15.29
Profit Margin (%)
0.2
-0.24
3.75
4.21
2.36
4.16
5.96
1.8
4.15
6.3
4.3
6.05
6.28
5.54
Working Capital
-785
-323
-104
-427
-1,457
-1,305
-784
-729
-27
-539
-601
-600
-489
- -
LT Debt
4,632
4,992
4,569
3,975
3,234
3,401
3,932
3,713
3,940
3,531
2,885
2,373
1,896
496
Total Equity
3,679
3,854
4,302
4,373
4,213
4,510
5,334
5,278
6,455
7,699
8,561
10,200
10,740
- -
Return on Invested Capital (%)
- -
-2.42
4.87
6.79
4.97
7.45
10.79
8.34
6.5
7.52
6.72
7.51
9.26
269.25
Return on Capital (%)
- -
-2.41
8.01
9.68
6.6
10.51
14.97
5.76
9.57
13.85
9.39
13.24
14.33
46.89
Return on Common Equity (%)
1.11
-1.23
19.29
20
11.04
20.42
32.71
9.54
23.21
36.71
26.06
42.53
48.48
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
2,593
- -
LT Borrowings
- -
1,385
- -
LT Finance Leases
- -
511
496
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
577
577
Market Capitalization
31,277
28,101
33,933

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
19,091
- -
Cash, Cash Equivalents & STI
- -
3,238
1,493
Accounts Receivable, Net
- -
3,893
4,397
Inventories
- -
6,160
1,152
Total Current Liabilities
- -
19,580
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,593
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.95%
15.44%
5.29%
Free Cash Flow
90.48%
-33.72%
13.62%
Net Income, GAAP
28.25%
49.9%
13.97%
Sales/Revenue/Turnover
4.37%
7.88%
9.8%
Total Cash Common Dividend
- -
- -
93.79%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,664
4,321
4,091
5,687
17,763
2025
4,159
4,760
- -
6,059
19,503
2026
4,448
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.39
0.07
0.15
0.34
0.93
2025
0.33
0.11
- -
0.49
1.06
2026
0.14
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.15
2025
0.01
0.28
- -
0.01
0.3
2026
0.01
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Roberto Cingolani
Full Time Employees
60,288
Sector
Industrials
Industry
Aerospace & Defense
Address
Piazza Monte Grappa n. 4 Rome RM Italy 00195
IPO Date
Jan 5, 2010
Business
Leonardo S.p.A. (FINMY) is an Italian multinational aerospace, defence and security company that designs, develops and manufactures advanced technology solutions including helicopters such as those produced by Leonardo Helicopters and PZL Świdnik; regional turboprop aircraft through its 50% stake in ATR; aerostructures, airborne and space systems; defence electronics and sensors via subsidiaries like Leonardo DRS (71.37% owned) and Hensoldt (22.8% stake); missiles and missile systems through 25%-owned MBDA; unmanned aerial systems via 50%-owned LBA Systems; land defence vehicles through 50%-owned LRMV; satellite services and production through 67%-owned Telespazio and 33%-owned Thales Alenia Space; and cyber security, integrated logistics, space propulsion via 19%-owned Avio, and electronic warfare systems via 31.33%-owned Elettronica. Headquartered in Rome and founded in 1948 as Finmeccanica before rebranding to Leonardo S.p.A. in 2017, the company operates 129 sites worldwide across approximately 150 countries, serving governments, defence agencies and enterprises with 2024 revenues of €17.8 billion, orders of €20.9 billion and an order backlog of €44.2 billion supported by €2.5 billion in R&D investment and 60,468 employees. Recent developments include a November 2025 milestone with EDGE Group toward launching a 51/49 joint venture in Abu Dhabi in 2026 focused on sensors, system integration and platforms for UAE and select export markets; a June 2025 strategic partnership and €20 million share issue with SSH Communications Security; an October 2025 memorandum of understanding with Airbus and Thales; acquisition of Axiomatics to bolster cybersecurity expansion; strong nine-month 2025 results with €18.2 billion in new orders (up 23.4%); and upgraded full-year guidance amid robust European defence spending growth.

Company News

APIChatGPT
  • Leonardo, EDGE joint venture targets over €4 billion in orders in five years

  • Italy gives conditional approval to Leonardo-Baykar drones joint venture

  • Italy's Leonardo wins order for 15 helicopters from Avincis

  • Germany would be strong partner for GCAP fighter project, Leonardo CEO says

  • Former CIA chief Petraeus says drone swarms are the next danger — and growth opportunity

  • Italy's Leonardo outgoing CEO leaves new boss to revise guidance after strong results

  • Leonardo Posts Strong Growth in Orders, Revenue as Europe Rearms

  • U.S. Air Force To Fly B-1B Lancer And B-2 Spirit Well Into Late 2030s

  • Leonardo: This European Defense Giant Is Quietly Fixing Its Biggest Weakness

  • Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

  • Italy proposes Mariani as Leonardo CEO, confirms Eni's Descalzi

  • Italy close to appointing Mariani as Leonardo CEO, ousting Cingolani, sources say

  • Leonardo Shares Drop 8.5% As Italy Plans CEO Replacement

  • Italy likely to replace CEO of defence group Leonardo, sources say

  • Leonardo S.p.a. (FINMY) Discusses New Industrial Plan and Strategic Vision for Growth and Innovation Transcript

  • These charts show the size of Europe's defense boom, as companies take stock of the Iran war

  • Contrasting Leonardo (OTCMKTS:FINMY) & Gogoro (NASDAQ:GGR)

  • Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Given Average Recommendation of “Hold” by Brokerages

  • More money for defense spending likely will mean more political interference and bad news for margins, WSJ's @jmackin2 writes

  • Leonardo S.p.a. (FINMY) Q4 2025 Earnings Call Transcript