Leonardo has a well-diversified portfolio across geographies and platforms, with 71% of its revenue from defense and 29% from civil. Escalating global security concerns are driving higher growth in the defense market, which is expected to be uninterrupted for at least several years as international tensions drive increased investment in global security solutions.
With a record-high EUR 57 billion backlog and unprecedented order momentum, Leonardo is exceptionally well positioned for a period of maintained, structurally higher revenue growth.
The leadership transition following Roberto Cingolani’s departure in May 2026 represents a notable risk to industrial continuity, as the exit of the visionary team that built and contracted the current strategy could disrupt execution.
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Metric
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LDO
|
RTX
|
HO
|
|---|---|---|---|
Price/Earnings (Normalized) | 22.21 | 26.73 | 26.03 |
Price/Book Value | 2.86 | 3.76 | 5.78 |
Price/Sales | 1.34 | 2.70 | 2.03 |
Price/Cash Flow | 12.34 | 19.05 | 19.09 |
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Metric
|
LDO
|
RTX
|
HO
|
|---|---|---|---|
Quick Ratio | 0.49 | 0.65 | 0.58 |
Current Ratio | 0.90 | 1.01 | 0.83 |
Interest Coverage | 271.29 | 6.88 | 6.69 |
|
Metric
|
LDO
|
RTX
|
HO
|
|---|---|---|---|
Return on Assets (Normalized) | 4.62% | 5.54% | 5.07% |
Return on Equity (Normalized) | 17.06% | 14.51% | 25.89% |
Return on Invested Capital (Normalized) | 17.92% | 10.02% | 15.12% |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
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United States