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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Market cap: $15.6B
P/E: 11.5×
Fwd P/E: 11.1×
Dividend yield: 1.38%
F-score: 7/9
Altman Z: 4.07
Beneish M: −2.59
Dividend safety: 86/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 3.18

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	1	1	—	—	1	1	—	—	1	1	—

Insider Ownership 1.15%

Capital & Financial Ratios $m

Market Cap 15,560.00

Revenue 17,634.00

Net Income 1,395.00

Free Cash Flow 2,167.00

Net Debt 5,283.00

Current Ratio 1.63

Debt/Equity 1.13

P/E ratio 11.52

Fwd P/E 11.10

P/S ratio 0.89

P/B ratio 2.95

Past 5Y EPS Growth 20.64%

This Y EPS Growth 3.29%

Next Y EPS Growth 0.18%

Next Y revenue growth 6.68%

Next 5Y EPS Growth 4.24%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 4.42%

10-year low 10-year high

P/S against its own 10 years 21.45%

10-year low 10-year high

P/B against its own 10 years 29.75%

10-year low 10-year high

EV/Sales against its own 10 years 21.89%

10-year low 10-year high

EV/FCF against its own 10 years 7.00%

10-year low 10-year high

Dividends

Payout Ratio 0.16

Annual Dividend Rate 1.72

Annual Dividend Yield 1.38%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.75	0.43 0.43 0.43
2025	1.63	0.40 0.40 0.40 0.43
2024	1.54	0.38 0.38 0.38 0.40
2023	1.46	0.36 0.36 0.36 0.38
2022	1.44	0.36 0.36 0.36 0.36
2021	1.40	0.34 0.34 0.36 0.36
2020	1.36	0.34 0.34 0.34 0.34
2019	1.32	0.32 0.32 0.34 0.34
2018	1.28	0.32 0.32 0.32 0.32
2017	1.28	0.32 0.32 0.32 0.32
2016	1.28	0.32 0.32 13.64 0.32 0.32

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	777	849	1,108	748
Receivables	2,429	2,645	2,708	2,968
Inventory	310	315	342	94
Other	489	525	656	1,436
	4,005	4,334	4,814	5,246

	2023	2024	2025	Q'26
Payables	2,277	2,131	1,988	2,180
ST’ Debt	18	618	20	22
Other	—	—	—	163
	2,990	3,560	2,827	3,220

Compound Annual Growth %

	10y	5y	3y
Sales	13.81%	6.91%	6.06%
Cash Flow	15.93%	5.58%	20.83%
Earnings	19.59%	18.18%	28.34%
Book Value	16.60%	5.09%	4.46%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4,400	4,558	—	—	—
’25	4,245	4,253	4,469	4,207	17,174
’24	3,975	4,132	4,190	4,365	16,662
’23	3,699	3,838	3,921	3,980	15,438
’22	3,494	3,597	3,608	3,697	14,396
’21	3,315	3,448	3,483	3,491	13,737
’20	2,889	2,914	3,242	3,252	12,297

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	301	793	—	—	—
’25	58	486	711	495	1,750
’24	113	381	647	294	1,435
’23	(98)	164	795	326	1,187
’22	93	45	729	125	992
’21	239	17	565	212	1,033
’20	372	422	592	(52)	1,334

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	270	765	—	—	—
’25	36	457	680	452	1,625
’24	96	360	622	208	1,286
’23	(137)	124	745	248	980
’22	65	30	702	72	869
’21	213	(4)	541	179	929
’20	328	376	572	(113)	1,163

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	2.56	2.81	—	—	—
’25	2.77	3.01	2.82	2.53	11.14
’24	2.07	2.37	2.68	2.12	9.22
’23	1.17	1.50	(2.91)	1.66	1.44
’22	1.25	1.24	1.17	1.28	4.96
’21	1.42	1.18	1.43	1.23	5.27
’20	0.80	1.06	1.13	1.37	4.36

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	37.79	47.81	50.33	50.66	68.00	82.75	81.07	76.58	106.38	123.62	Analyst estimates 2026–2028 Powerpack
	High	59.45	65.70	72.30	98.76	125.84	113.75	111.12	111.39	202.90	205.77
People
People	Employees	32,000	31,000	32,000	34,000	39,000	43,000	45,000	47,000	48,000	47,000
	Revenue/emp, $m	0.22	0.33	0.32	0.33	0.32	0.32	0.32	0.33	0.35	0.37
Income, $m
Income, $m	Revenue	7,043	10,170	10,194	11,094	12,297	13,737	14,396	15,438	16,662	17,174
	Gross margin, %	13.35	14.08	14.75	13.95	14.13	14.66	14.48	14.54	16.79	18.04
	EBT	318	393	610	866	781	967	886	403	1,639	1,909
	EBT margin, %	4.52	3.86	5.98	7.81	6.35	7.04	6.15	2.61	9.84	11.12
	Net income	246	364	582	670	629	759	693	208	1,251	1,462
	Depreciation	122	350	257	234	282	325	333	927	290	290
Per share, $
Per share, $	Revenue	69.05	66.91	67.51	77.58	86.60	97.43	105.08	112.69	124.34	134.17
	Earnings	2.39	2.41	3.85	4.66	4.42	5.34	5.00	1.45	9.36	11.31
	Cash flow	4.40	3.46	5.09	6.94	9.39	7.33	7.24	8.66	10.71	13.67
	Capex	(0.25)	(0.48)	(0.48)	(0.17)	(1.20)	(0.74)	(0.90)	(1.51)	(1.11)	(0.98)
	Free cash flow	4.15	2.98	4.60	6.76	8.19	6.59	6.34	7.15	9.60	12.70
	Book value	30.85	22.26	21.93	23.90	27.26	30.81	31.77	31.08	33.28	38.77
	Shares, m	102	152	151	143	142	141	137	137	134	128
Valuation, ×
Valuation, ×	P/E	20.88	26.45	13.66	21.10	23.73	16.68	21.03	74.48	15.42	16.02
	P/S	0.74	0.96	0.78	1.26	1.21	0.91	1.00	0.96	1.16	1.34
	P/B	1.65	2.88	2.40	4.10	3.86	2.89	3.30	3.47	4.33	4.65
	EV/Sales	1.15	1.22	1.06	1.47	1.56	1.23	1.30	1.21	1.39	1.55
	EV/FCF	19.17	27.48	15.48	16.87	16.46	18.17	21.58	19.08	17.98	16.39
Cash, $m
Cash, $m	Operating cash flow	449	526	768	992	1,334	1,033	992	1,187	1,435	1,750
	Capex	(26)	(73)	(73)	(25)	(171)	(104)	(123)	(207)	(149)	(125)
	Free cash flow	423	453	695	967	1,163	929	869	980	1,286	1,625
Balance, $m
Balance, $m	Working capital	365	472	780	479	432	390	(304)	1,015	774	1,987
	Total debt	3,287	3,111	3,124	2,986	4,744	5,076	4,920	4,682	4,670	4,648
	Net debt	2,911	2,721	2,797	2,318	4,220	4,349	4,404	3,905	3,821	3,540
	Shareholders’ equity	3,147	3,383	3,311	3,417	3,871	4,344	4,353	4,258	4,460	4,962
Returns, %
Returns, %	ROA	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
	ROE	11.58	11.21	17.36	19.83	17.23	18.33	15.75	4.62	28.77	30.74

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
FISV Fiserv, Inc.	$25.1B	9.1×	9.5×	−4.06% (below 0%: shrinking)	−37.10% (below 0%: shrinking)	−16.95% (below 0%: shrinking)	19.07%	19.18%	Compare
BR Broadridge Financial Solutions, Inc.	$19.7B	18.0×	16.9×	+7.49% (above 0%: growing)	+8.46% (above 0%: growing)	−3.21% (below 0%: shrinking)	38.43%	24.61%	Compare
CDW CDW Corporation	$19.3B	18.0×	14.9×	+9.97% (above 0%: growing)	+4.85% (above 0%: growing)	−161.92% (below 0%: shrinking)	20.08%	6.52%	Compare
FIS Fidelity National Information Services, Inc.	$18.6B	5.5×	6.1×	+29.09% (above 0%: growing)	n/m	+45.12% (above 0%: growing)	34.76%	15.01%	Compare
WIT Wipro Limited	$18.5B	16.3×	—	+0.15% (above 0%: growing)	−25.00% (below 0%: shrinking)	−30.13% (below 0%: shrinking)	28.54%	16.01%	Compare
LDOS Leidos Holdings, Inc.	$15.6B	11.5×	11.1×	+7.17% (above 0%: growing)	−7.26% (below 0%: shrinking)	+67.40% (above 0%: growing)	17.92%	11.28%
CACI CACI International, Inc.	$13.5B	25.3×	22.9×	+17.57% (above 0%: growing)	−1.25% (below 0%: shrinking)	+158.94% (above 0%: growing)	33.72%	10.05%	Compare
IT Gartner, Inc.	$13.1B	18.4×	12.8×	−0.62% (below 0%: shrinking)	+32.69% (above 0%: growing)	+8.94% (above 0%: growing)	70.95%	22.59%	Compare
JKHY Jack Henry & Associates, Inc.	$11.0B	22.0×	18.0×	+4.66% (above 0%: growing)	−10.29% (below 0%: shrinking)	−9.65% (below 0%: shrinking)	42.52%	21.24%	Compare
Median of peers	$18.6B	18.0×	14.9×	+6.08%	−1.25%	−6.43%	34.24%	17.60%

All 73 Information Technology Services stocks →

Leidos Holdings, Inc. (LDOS) key facts

Strength: Leidos Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.2 billion, up 3.07% from fiscal 2024.
Strength: Net income was $1.5 billion, or $11.31 per share (basic), a net margin of 8.43%.
Leidos Holdings, Inc. (LDOS) is an Information Technology Services company in the Technology sector, listed on the New York Stock Exchange.
As of October 16, 2026, LDOS traded at $124.99, a market capitalization of $15.6 billion.
At that price the stock trades at 11.5× trailing-twelve-month earnings and 0.9× sales; its P/E is higher than 4% of its own readings over the past ten years.
Leidos Holdings, Inc. pays an annual dividend of $1.72 per share, a yield of 1.38%, with a payout ratio of 16.0%.
Return on equity was 30.7% and debt-to-equity 1.13.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 4.07 (safe zone) for fiscal 2025.