Leonardo Spa (LDON) Stock Price & Analysis
LDON Stock Chart & Stats
- Day’s Range
- N/A
- 52-Week Range
- N/A
- Previous Close
- N/A
- Volume
- N/A
- Average Volume (3M)
- N/A
- Market Cap
- MXN 618.43B
- Enterprise Value
- MXN 31.80B
- Total Cash (Recent Filing)
- MXN 986.00M
- Total Debt (Recent Filing)
- MXN 4.51B
- Price to Earnings (P/E)
- 26.7
- Beta
- -0.14
- Next Earnings
- Nov 04, 2026 (Est.)
- EPS Estimate
- 10.28
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 1.29%
Bulls Say, Bears Say
Bulls Say
Revenue And Profit Growth
Strong revenue expansion alongside a rising net profit margin indicates improving scale and execution across Leonardo’s aerospace, defense, and security activities. If sustained, this combination can strengthen earnings power, support investment in capabilities, and reinforce the company’s position in long-cycle markets.
Deleveraging Balance Sheet
The substantial reduction in debt relative to equity shows meaningful balance-sheet strengthening over time. Lower leverage should provide greater financial flexibility for long-cycle programs and strategic investment, while reducing the company’s sensitivity to financing costs and periods of profitability volatility.
Improving Operating Cash Flow
Operating cash flow has improved materially over the latest two years, demonstrating that Leonardo’s operations are generating a larger pool of internal funding. Stronger cash production can support working-capital needs, ongoing development, debt service, and investment without relying solely on external financing.
Bears Say
Weak Cash Conversion
Although free cash flow was positive in 2025, converting only about half of net income into discretionary cash points to a continuing quality-of-earnings constraint. Volatile conversion can limit dependable funding for investment, debt reduction, and shareholder returns across contract and delivery cycles.
Material Absolute Debt
Deleveraging has improved relative leverage, but approximately €4.5 billion of remaining debt still represents a meaningful fixed financial obligation. This leaves Leonardo exposed to financing costs and makes sustained profitability and cash generation important for preserving flexibility through weaker operating periods.
Thin Gross Margin
A gross margin near 8% limits the amount of revenue retained before operating expenses and leaves less room for cost pressure or program execution variability. The absence of structural margin expansion also constrains operating leverage, even as Leonardo benefits from higher revenue scale.
Leonardo Spa News
LDON FAQ
What is Leonardo Spa’s market cap?
When is Leonardo Spa’s upcoming earnings report date?
How were Leonardo Spa’s earnings last quarter?
Is Leonardo Spa overvalued?
Does Leonardo Spa pay dividends?
What is Leonardo Spa’s EPS estimate?
How many shares outstanding does Leonardo Spa have?
What happened to Leonardo Spa’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Leonardo Spa?
What is the TipRanks Smart Score and how is it calculated?
Company Description
Leonardo Spa
Leonardo S.p.A. is a prominent industrial and technology firm with operations spanning Italy, the United Kingdom, the rest of Europe, the United States, and other international markets. The company's core activities are centered around helicopters, defense electronics and security systems, aeronautics, and space. Within its helicopter division, Leonardo designs and manufactures a diverse fleet for various applications, including military battlefield and combat roles, maritime operations, pilot training, executive and private transportation, medical and rescue missions, security, energy sector support, and general utility services. This is further enhanced by comprehensive support and training offerings. The aeronautics segment develops a range of aircraft, such as trainers, fighter jets, multi-mission transport planes, and multi-mission surveillance aircraft. In the realm of defense electronics and security, the company delivers sophisticated command and control systems, radar and sensor technologies, optronics, advanced communication systems, electronic warfare capabilities, avionics, air traffic management solutions, and integrated defense systems. It also specializes in cybersecurity and resilience, critical communication infrastructure, digitalization initiatives, and monitoring services. For the space industry, Leonardo provides geoinformation services, satellite communication technologies, ground support systems, navigation solutions, and satellite operational expertise. Its advanced offerings include interplanetary probes, orbiting modules, robotics and drilling equipment, electro-optics, laser transmitters, atomic clocks, photovoltaic panels, power distributors and amplifiers, attitude sensors, and orbital micropropulsion systems. Furthermore, Leonardo is involved in the manufacturing and assembly of crucial structural components, both composite and metallic, for commercial and military aircraft, helicopters, and unmanned aerial vehicles. The company also offers automation solutions for significant logistical operations, such as airport baggage handling systems, mail sorting centers, and courier logistics hubs. Established in 1948 and based in Rome, Italy, the company was previously known as Leonardo - Finmeccanica S.p.a. before officially changing its name to Leonardo S.p.a. in January 2017.
- Sector
- General
- Industry
- Aerospace & Defense
- CEO
- Roberto Cingolani
- Employees
- 66,510
- Website
- www.leonardo.com
- Address
- Piazza Monte Grappa n. 4, Rome, RM, 00195, IT
