KD vs LDOS
Kyndryl Holdings, Inc. and Leidos Holdings, Inc., side by side — 7 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | KD | LDOS |
|---|---|---|
| Revenue | $15.1B | $17.2B |
| Net income | $198.0M | $1.4B |
| Gross margin | 21.8% | 18.0% |
| Net margin | 1.3% | 8.5% |
| Return on equity | 16.5% | 31.0% |
| Diluted EPS | $0.85 | $11.14 |
| Dividend / share | $0.00 | $1.63 |
| Payout ratio | · | · |
| Free cash flow | $340.0M | $1.6B |
| Equity | $1.2B | $4.9B |
| Net debt / equity | 2.62× | 0.72× |
| Current ratio | 0.88× | 1.70× |
| Revenue CAGR 5y | −4.9% | 6.9% |
| Profit CAGR 5y | · | 18.2% |
KD and LDOS book revenue within 15% of each other, and LDOS keeps more of each dollar of revenue as profit (8.5% against 1.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
7 years side by side
| Fiscal year | KD | LDOS |
|---|---|---|
| FY2025 | $15.1B | $17.2B |
| FY2024 | $15.1B | $16.7B |
| FY2023 | $16.1B | $15.4B |
| FY2022 | $17.0B | $14.4B |
| FY2021 | $18.7B | $13.7B |
| FY2020 | $19.4B | $12.3B |
| FY2019 | $20.3B | $11.1B |
Bottom line
| Fiscal year | KD | LDOS |
|---|---|---|
| FY2025 | $198.0M | $1.4B |
| FY2024 | $252.0M | $1.3B |
| FY2023 | $-340.0M | $199.0M |
| FY2022 | $-1.4B | $685.0M |
| FY2021 | $-2.3B | $753.0M |
| FY2020 | $-2.0B | $628.0M |
| FY2019 | $-943.0M | $667.0M |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$2,082,000,000 | LDOS |
| FY2024 | −$1,605,000,000 | LDOS |
| FY2023 | +$614,000,000 | KD |
| FY2022 | +$2,630,000,000 | KD |
| FY2021 | +$4,920,000,000 | KD |
| FY2020 | +$7,055,000,000 | KD |
| FY2019 | +$9,185,000,000 | KD |
The higher-revenue side has changed between KD and LDOS over this period. The gap has narrowed since the earliest year compared.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −7.2 pp | LDOS |
| FY2024 | −5.8 pp | LDOS |
| FY2023 | −3.5 pp | LDOS |
| FY2022 | −12.9 pp | LDOS |
| FY2021 | −17.9 pp | LDOS |
| FY2020 | −15.5 pp | LDOS |
| FY2019 | −10.7 pp | LDOS |
LDOS has kept the higher net margin in every one of these 7 fiscal years.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
KD's net margin has been more volatile than LDOS's over the 7 comparable fiscal years — 5.1 percentage points of standard deviation against 2.1.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
LDOS led in net margin in every one of the 7 comparable fiscal years — a structural lead, not a recent swing.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
KD's return on equity has been more volatile than LDOS's over the 7 comparable fiscal years — 32.1 percentage points of standard deviation against 8.1.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
LDOS led in return on equity in every one of the 7 comparable fiscal years — a structural lead, not a recent swing.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.