Leonardo

LDO · Borsa Italiana · EUR

€47.39Change from previous close: −0.86%Absolute change: −€0.41

Close · October 2, 2026

At a glance

Revenue growth
+9.80%
2025 vs 2024
Net income growth
+13.97%
2025 vs 2024
Net margin
6.3%
2024: 6.0%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

Cash flow · Annual
Item2025202420232022202120202019201820172016
Operating cash flow1,7421,5411,1861,152742275639687722825
Depreciation and amortization559550484448407439454445460525
Capital expenditure-1,016-895-782-762-615-311-594-577-483-391
Investing cash flow-362-753-262-791-541-438-466-350-341-129
Financing cash flow-611-678-12.0-1,40230.0460-262-187-601-276
Dividends paid-300-161-81.0-79.0—-80.0-80.0-80.0-80.0—
Share repurchases-30.00.0———————-35.0
Debt issued26213790.066.0800592300498652—
Debt repaid-500-638-19.0-1,388-770-51.0-481-604-1,172-237
Effect of exchange rates-87.039.0-16.073.035.0-46.02.06.0-54.0-24.0
Net change in cash682149896-968266251-87.0156-274396
Free cash flow726646404390127—————
Levered free cash flow1,09639337839627675.097.05838831,020