LDOS vs PSN
Leidos Holdings, Inc. and Parsons Corp., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LDOS | PSN |
|---|---|---|
| Revenue | $17.2B | $6.4B |
| Net income | $1.4B | $241.1M |
| Gross margin | 18.0% | 22.5% |
| Net margin | 8.5% | 4.9% |
| Return on equity | 31.0% | 9.5% |
| Diluted EPS | $11.14 | $2.20 |
| Dividend / share | $1.63 | · |
| Payout ratio | · | · |
| Free cash flow | $1.6B | $410.4M |
| Equity | $4.9B | $2.6B |
| Net debt / equity | 0.72× | 0.29× |
| Current ratio | 1.70× | 1.75× |
| Revenue CAGR 5y | 6.9% | 10.2% |
| Profit CAGR 5y | 18.2% | 19.6% |
LDOS bills 2.7× the revenue of PSN, and keeps more of each dollar of revenue as profit (8.5% against 4.9%).
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.
9 years side by side
| Fiscal year | LDOS | PSN |
|---|---|---|
| FY2025 | $17.2B | $6.4B |
| FY2024 | $16.7B | $6.8B |
| FY2023 | $15.4B | $5.4B |
| FY2022 | $14.4B | $4.2B |
| FY2021 | $13.7B | $3.7B |
| FY2020 | $12.3B | $3.9B |
| FY2019 | $11.1B | $4.0B |
| FY2018 | $10.2B | $3.6B |
| FY2017 | $10.2B | $3.0B |
Bottom line
| Fiscal year | LDOS | PSN |
|---|---|---|
| FY2025 | $1.4B | $241.1M |
| FY2024 | $1.3B | $235.1M |
| FY2023 | $199.0M | $161.1M |
| FY2022 | $685.0M | $96.7M |
| FY2021 | $753.0M | $64.1M |
| FY2020 | $628.0M | $98.5M |
| FY2019 | $667.0M | $120.5M |
| FY2018 | $581.0M | $222.3M |
| FY2017 | $366.0M | $97.3M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$10,809,755,000 | LDOS |
| FY2024 | +$9,911,424,000 | LDOS |
| FY2023 | +$9,995,251,000 | LDOS |
| FY2022 | +$10,200,728,000 | LDOS |
| FY2021 | +$10,076,229,000 | LDOS |
| FY2020 | +$8,378,054,000 | LDOS |
| FY2019 | +$7,139,188,000 | LDOS |
| FY2018 | +$6,633,492,000 | LDOS |
| FY2017 | +$7,152,989,000 | LDOS |
LDOS has reported the higher revenue in every one of these 9 fiscal years. The gap has widened since the earliest year compared.
9 of 17 comparable fiscal years — a year missing data on either side is not counted.
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +3.7 pp | LDOS |
| FY2024 | +3.2 pp | LDOS |
| FY2023 | −2.5 pp | PSN |
| FY2022 | +1.8 pp | LDOS |
| FY2021 | +3.1 pp | LDOS |
| FY2020 | +2.1 pp | LDOS |
| FY2019 | +2.6 pp | LDOS |
| FY2018 | −1.0 pp | PSN |
| FY2017 | −0.1 pp | PSN |
The higher net margin has changed hands between LDOS and PSN over this period.
9 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LDOS's net margin has been more volatile than PSN's over the 9 comparable fiscal years — 2.0 percentage points of standard deviation against 1.2.
9 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LDOS and PSN over these 9 fiscal years — LDOS led in 6 and PSN in 3.
9 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LDOS's return on equity has been more volatile than PSN's over the 6 comparable fiscal years — 8.8 percentage points of standard deviation against 2.4.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between LDOS and PSN over these 6 fiscal years — LDOS led in 5 and PSN in 1.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.