LDOS vs SAIC
Leidos Holdings, Inc. and Science Applications International Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LDOS | SAIC |
|---|---|---|
| Revenue | $17.2B | $7.3B |
| Net income | $1.4B | $358.0M |
| Gross margin | 18.0% | 12.0% |
| Net margin | 8.5% | 4.9% |
| Return on equity | 31.0% | 23.3% |
| Diluted EPS | $11.14 | $7.70 |
| Dividend / share | $1.63 | $0.37 |
| Payout ratio | · | 19.6% |
| Free cash flow | $1.6B | $577.0M |
| Equity | $4.9B | $1.5B |
| Net debt / equity | 0.72× | 1.54× |
| Current ratio | 1.70× | 1.20× |
| Revenue CAGR 5y | 6.9% | 0.6% |
| Profit CAGR 5y | 18.2% | · |
LDOS bills 2.4× the revenue of SAIC, 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.
10 years side by side
| Fiscal year | LDOS | SAIC |
|---|---|---|
| FY2025 | $17.2B | $7.3B |
| FY2024 | $16.7B | $7.5B |
| FY2023 | $15.4B | $7.4B |
| FY2022 | $14.4B | $7.7B |
| FY2021 | $13.7B | $7.4B |
| FY2020 | $12.3B | $7.1B |
| FY2019 | $11.1B | $6.4B |
| FY2018 | $10.2B | $4.7B |
| FY2017 | $10.2B | $4.5B |
| FY2016 | $7.0B | $4.4B |
Bottom line
| Fiscal year | LDOS | SAIC |
|---|---|---|
| FY2025 | $1.4B | $358.0M |
| FY2024 | $1.3B | $362.0M |
| FY2023 | $199.0M | $477.0M |
| FY2022 | $685.0M | $300.0M |
| FY2021 | $753.0M | $277.0M |
| FY2020 | $628.0M | $209.0M |
| FY2019 | $667.0M | $226.0M |
| FY2018 | $581.0M | $137.0M |
| FY2017 | $366.0M | $179.0M |
| FY2016 | $244.0M | $143.0M |
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$9,912,000,000 | LDOS |
| FY2024 | +$9,183,000,000 | LDOS |
| FY2023 | +$7,994,000,000 | LDOS |
| FY2022 | +$6,692,000,000 | LDOS |
| FY2021 | +$6,343,000,000 | LDOS |
| FY2020 | +$5,241,000,000 | LDOS |
| FY2019 | +$4,715,000,000 | LDOS |
| FY2018 | +$5,535,000,000 | LDOS |
| FY2017 | +$5,716,000,000 | LDOS |
| FY2016 | +$2,601,000,000 | LDOS |
| FY2014 | +$1,178,000,000 | LDOS |
| FY2013 | +$1,634,000,000 | LDOS |
| FY2012 | +$1,668,000,000 | LDOS |
| FY2011 | +$1,103,000,000 | LDOS |
LDOS has reported the higher revenue in every one of these 14 fiscal years. The gap has widened since the earliest year compared.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +3.6 pp | LDOS |
| FY2024 | +2.7 pp | LDOS |
| FY2023 | −5.1 pp | SAIC |
| FY2022 | +0.9 pp | LDOS |
| FY2021 | +1.8 pp | LDOS |
| FY2020 | +2.1 pp | LDOS |
| FY2019 | +2.4 pp | LDOS |
| FY2018 | +2.8 pp | LDOS |
| FY2017 | −0.4 pp | SAIC |
| FY2016 | +0.3 pp | LDOS |
| FY2014 | −10.0 pp | SAIC |
| FY2013 | +0.1 pp | LDOS |
| FY2012 | +4.3 pp | LDOS |
| FY2011 | −2.8 pp | SAIC |
The higher net margin has changed hands between LDOS and SAIC over this period.
14 of 18 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 SAIC's over the 14 comparable fiscal years — 3.6 percentage points of standard deviation against 0.9.
14 of 18 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 SAIC over these 14 fiscal years — LDOS led in 10 and SAIC in 4.
14 of 18 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 SAIC's over the 14 comparable fiscal years — 13.2 percentage points of standard deviation against 10.8.
14 of 18 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 SAIC over these 14 fiscal years — LDOS led in 6 and SAIC in 8.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.