Saturday 17 October 2026
Export LDOS’s income statement to Excel — free account
Leidos Holdings, Inc.
LDOS Technology Information Technology Services
Leidos Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.2 billion, up 3.07% from fiscal 2024. In the quarter to June 2026, revenue grew 7.17%, EPS fell 7.26%, free cash flow grew 67.4% and total debt rose 18.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.
124.99
0.99
+0.80%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
4 | 7 | 8 | 7 | 5 | 7 | 6 | 7 | 8 | 7 |
P/E ratio |
20.88 | 26.45 | 13.66 | 21.10 | 23.73 | 16.68 | 21.03 | 74.48 | 15.42 | 16.02 |
P/S ratio |
0.74 | 0.96 | 0.78 | 1.26 | 1.21 | 0.91 | 1.00 | 0.96 | 1.16 | 1.34 |
Altman Z-Score |
1.47 | 2.45 | 2.49 | 3.11 | 2.47 | 2.40 | 2.59 | 2.79 | 3.54 | 4.07 |
P/FCF ratio |
12.29 | 21.47 | 11.45 | 14.48 | 12.83 | 13.49 | 16.51 | 15.10 | 15.01 | 14.21 |
Altman Z″-Score (non-manufacturers) |
1.06 | 1.39 | 1.93 | 1.90 | 1.58 | 1.75 | 1.52 | 1.99 | 2.74 | 3.75 |
P/Operating CF |
42.95 | 59.32 | 76.55 | 82.83 | (287.06) | 59.13 | 114.76 | 45.39 | 65.66 | 46.65 |
Beneish M-Score |
(1.81) | (2.53) | (2.58) | (2.61) | (2.52) | (2.57) | (2.53) | (2.88) | (2.40) | (2.59) |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 86 |
P/B ratio |
1.65 | 2.88 | 2.40 | 4.10 | 3.86 | 2.89 | 3.30 | 3.47 | 4.33 | 4.65 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
1.15 | 1.22 | 1.06 | 1.47 | 1.56 | 1.23 | 1.30 | 1.21 | 1.39 | 1.55 |
EV/EBITDA |
15.04 | 13.70 | 10.69 | 14.24 | 14.96 | 11.43 | 13.19 | 12.08 | 10.92 | 11.10 |
EV/Operating CF |
18.06 | 23.67 | 14.01 | 16.45 | 14.35 | 16.34 | 18.90 | 15.75 | 16.12 | 15.22 |
EV/FCF |
19.17 | 27.48 | 15.48 | 16.87 | 16.46 | 18.17 | 21.58 | 19.08 | 17.98 | 16.39 |
Quick Ratio |
1.01 | 1.01 | 1.07 | 1.03 | 0.92 | 0.90 | 0.73 | 1.07 | 0.98 | 1.35 |
Current Ratio |
1.18 | 1.21 | 1.38 | 1.21 | 1.15 | 1.12 | 0.92 | 1.34 | 1.22 | 1.70 |
Net Debt/EBITDA |
5.40 | 2.99 | 2.78 | 2.02 | 3.30 | 2.94 | 3.10 | 2.52 | 1.80 | 1.48 |
Debt/Assets |
35.99% | 34.61% | 35.62% | 31.88% | 37.92% | 38.28% | 37.64% | 36.88% | 35.90% | 34.45% |
Debt/Equity |
1.04 | 0.92 | 0.94 | 0.87 | 1.23 | 1.17 | 1.13 | 1.10 | 1.05 | 0.94 |
Asset Turnover |
1.13 | 1.12 | 1.15 | 1.22 | 1.12 | 1.07 | 1.09 | 1.20 | 1.30 | 1.30 |
Operating CF/Net income |
1.84 | 1.44 | 1.32 | 1.49 | 2.12 | 1.37 | 1.45 | 5.96 | 1.14 | 1.21 |
Capex/Depreciation |
(0.21) | (0.21) | (0.28) | (0.11) | (0.61) | (0.32) | (0.37) | (0.22) | (0.51) | (0.43) |
Interest Coverage |
4.85 | 3.99 | 5.43 | 6.86 | 5.58 | 6.26 | 5.47 | 2.93 | 9.47 | 10.39 |
| 11.58% | 11.21% | 17.36% | 19.83% | 17.23% | 18.33% | 15.75% | 4.62% | 28.77% | 30.74% | |
| 3.90% | 4.04% | 6.54% | 7.36% | 5.74% | 5.84% | 5.20% | 1.54% | 9.76% | 10.93% | |
ROIC |
4.30% | 5.72% | 7.66% | 9.94% | 7.71% | 8.28% | 7.77% | 4.75% | 13.79% | 15.50% |
Return on Tangible Assets |
39.10% | 51.99% | 57.13% | 87.08% | 60.62% | 71.04% | 126.15% | 10.07% | 71.05% | 49.12% |
Average Days of Receivables |
85.87 | 65.71 | 67.21 | 57.05 | 63.43 | 58.16 | 59.58 | 57.43 | 57.94 | 57.55 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
5.99% | 7.25% | 7.15% | 6.21% | 6.26% | 6.19% | 6.61% | 6.10% | 5.90% | 5.82% |
Intangible Assets out of Total Assets |
0.68 | 0.65 | 0.63 | 0.58 | 0.60 | 0.60 | 0.59 | 0.53 | 0.51 | 0.50 |
Share Based Compensation of Revenue |
0.50% | 0.42% | 0.43% | 0.47% | 0.50% | 0.49% | 0.51% | 0.50% | 0.51% | 0.55% |
Graham Net Nets |
(0.69) | (0.30) | (0.33) | (0.22) | (0.36) | (0.42) | (0.35) | (0.30) | (0.22) | (0.16) |
Graham Number |
41.16 | 34.81 | 43.64 | 49.95 | 52.13 | 60.78 | 59.67 | 31.84 | 83.63 | 99.10 |
Earnings Yield |
4.79% | 3.78% | 7.32% | 4.74% | 4.21% | 6.00% | 4.76% | 1.34% | 6.48% | 6.24% |
Free Cash Flow Yield |
8.14% | 4.66% | 8.73% | 6.91% | 7.79% | 7.41% | 6.06% | 6.62% | 6.66% | 7.04% |
Revenue per Share |
69.05 | 66.91 | 67.51 | 77.58 | 86.60 | 97.43 | 105.08 | 112.69 | 124.34 | 134.17 |
Operating CF per Share |
4.40 | 3.46 | 5.09 | 6.94 | 9.39 | 7.33 | 7.24 | 8.66 | 10.71 | 13.67 |
Capex per Share |
(0.25) | (0.48) | (0.48) | (0.17) | (1.20) | (0.74) | (0.90) | (1.51) | (1.11) | (0.98) |
Free Cash Flow per Share |
4.15 | 2.98 | 4.60 | 6.76 | 8.19 | 6.59 | 6.34 | 7.15 | 9.60 | 12.70 |
Cash per Share |
3.69 | 2.57 | 2.17 | 4.67 | 3.69 | 5.16 | 3.77 | 5.67 | 6.34 | 8.66 |
Shareholders Equity per Share |
30.85 | 22.26 | 21.93 | 23.90 | 27.26 | 30.81 | 31.77 | 31.08 | 33.28 | 38.77 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
30.85 | 22.26 | 21.93 | 23.90 | 27.26 | 30.81 | 31.77 | 31.08 | 33.28 | 38.77 |
Free Cash Flow |
423.00 | 453.00 | 695.00 | 967.00 | 1,163.00 | 929.00 | 869.00 | 980.00 | 1,286.00 | 1,625.00 |
Working Capital |
365.00 | 472.00 | 780.00 | 479.00 | 432.00 | 390.00 | (304.00) | 1,015.00 | 774.00 | 1,987.00 |
Capital Expenditures |
(26.00) | (73.00) | (73.00) | (25.00) | (171.00) | (104.00) | (123.00) | (207.00) | (149.00) | (125.00) |
Net Current Asset Value |
(3,604.00) | (2,933.00) | (2,620.00) | (3,138.00) | (5,301.00) | (5,298.00) | (5,075.00) | (4,432.00) | (4,216.00) | (3,717.00) |
EV/EBIT |
19.44 | 22.27 | 14.36 | 17.89 | 19.19 | 14.66 | 17.23 | 30.11 | 12.66 | 12.63 |
Capex to Sales |
0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Price to Operating Income |
12.46 | 17.40 | 10.63 | 15.35 | 14.96 | 10.88 | 13.19 | 23.83 | 10.57 | 10.95 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.47 | 1.51 | 1.08 | 0.82 | 0.47 | 0.49 | 0.39 | 0.96 | 0.29 | 0.30 |
Cash ROIC |
6.21% | 6.58% | 10.28% | 13.68% | 12.73% | 9.16% | 8.88% | 10.09% | 12.89% | 15.16% |
Accounts Receivable Turnover |
5.46 | 5.83 | 5.50 | 6.14 | 6.35 | 6.35 | 6.34 | 6.46 | 6.57 | 6.42 |
Accounts Payable Turnover |
5.58 | 5.70 | 5.55 | 5.74 | 5.26 | 5.43 | 5.60 | 5.82 | 6.29 | 6.83 |
Inventory Turnover |
21.64 | 0.00 | 0.00 | 45.46 | 60.69 | 42.63 | 43.89 | 44.20 | 44.36 | 42.85 |
Average Days of Payables |
85.34 | 68.46 | 62.63 | 70.24 | 75.18 | 66.66 | 66.82 | 62.99 | 56.10 | 51.55 |
Days of Inventory on Hand |
20.81 | 0.00 | 0.00 | 2.75 | 9.54 | 8.53 | 8.51 | 8.58 | 8.29 | 8.87 |
Average Receivables |
1,289.00 | 1,744.00 | 1,854.00 | 1,805.50 | 1,935.50 | 2,163.00 | 2,269.50 | 2,389.50 | 2,537.00 | 2,676.50 |
Average Payables |
1,094.00 | 1,533.00 | 1,565.00 | 1,664.00 | 2,006.00 | 2,158.00 | 2,197.50 | 2,265.50 | 2,204.00 | 2,059.50 |
Average Inventory |
282.00 | — | — | 210.00 | 174.00 | 275.00 | 280.50 | 298.50 | 312.50 | 328.50 |
Average Assets |
6,251.00 | 9,061.00 | 8,880.00 | 9,068.50 | 10,939.00 | 12,886.00 | 13,166.00 | 12,883.00 | 12,852.50 | 13,251.50 |
Average Common Equity |
2,107.50 | 3,265.00 | 3,347.00 | 3,364.00 | 3,644.00 | 4,107.50 | 4,348.50 | 4,305.50 | 4,359.00 | 4,711.00 |
Columns are period end dates