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NYSE · SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN · LARGE CAP

Leidos Holdings, Inc. LDOS

17 fiscal years on record · USD · FY2025 reported · SEC filings only
7 YEARS OF DIVIDEND GROWTH
$17.1B
▲ 3.2% YoY
$1.4B
▲ 15.5% YoY
$1.6B
▲ 26.4% YoY
In brief

What this company does

Leidos Holdings, Inc. provides scientific, engineering and technical services and solutions across its reportable segments. As of January 2, 2026, its business is aligned into four reportable segments: National Security & Digital, Health & Civil, Commercial & International and Defense Systems. National Security & Digital represented 44% of total revenues for both fiscal 2025 and fiscal 2024. Its Health & Civil business provides services and solutions to federal and commercial customers in the areas of public health, care coordination, life and environmental sciences and transportation. Commercial & International delivers a portfolio of products, services, and solutions aimed at securing national assets, modernizing energy and critical infrastructure, and enhancing mission outcomes. Defense Systems addresses threats facing the nation by prototyping and delivering hardware, software, and integrated systems solutions for the DoW, Army, Navy, Air Force, Space Force, Marine Corps, United States Special Operations Command, Defense Advanced Research Projects Agency and intelligence agencies. As of January 2, 2026, it employed approximately 47,000 full and part-time employees, of whom approximately 41,900 are located in the United States and the remainder in approximately 45 countries worldwide. Leidos was founded in 1969 by physicist Dr. Robert Beyster.

Written from the business description in Leidos Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.

Growth
USD 17.1B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 17.1 · Net income 1.4
8B16B200820102012201420172019202120232025
Compound annual growth
+6.2%
+7.0%
+3.1%
+28.3%
+18.2%
+5.8%
+31.0%
+20.6%
+4.2%
+3.7%
+43.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +7.0% a year over five years — but profit grew faster: net income at +18.2%, earnings per share at +20.6%.

The share count fell from 0.14B to 0.13B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
9 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 12.3% · Net 8.5%
5%10%-2%-4%-6%200820102012201420172019202120232025
ROE
FY2025 · ROE 31.0%
10%20%30%-10%-20%200820102012201420172019202120232025
Gross margin17.7%
Operating margin12.3%
Net margin8.5%
Return on assets11.0%
EBITDAUSD 2.4B

Each USD of equity produced 31 cents of profit this year.

Cash & shareholders
USD 400.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.6
0.8B1.6B200820102012201420172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 400.0
400M800M20112013201620182020202220242025
Dividends paid—
Net buybacksUSD 400.0M
Share of profit27.6%
Consecutive raises7 years

USD 400.0M in buybacks — 28% of the year's profit went back to shareholders.

Total assetsUSD 13.5B
EquityUSD 4.9B
CashUSD 1.1B
Gross debtUSD 4.6B
Net debtUSD 3.5B
Current ratio1.70×

Net debt stands at 72% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162014201320122011201020092008
Revenue $B17.116.615.314.313.612.211.010.210.27.05.15.86.45.810.810.610.1
Operating income $B2.11.80.61.11.21.00.90.70.60.4−0.20.20.4−0.10.90.80.8
EBITDA $B2.42.11.01.41.51.31.11.00.90.5−0.20.20.50.01.00.90.9
Income tax $B0.40.40.20.20.20.20.20.00.00.10.00.00.00.10.30.30.3
Net income $B1.41.30.20.70.80.60.70.60.40.2−0.30.20.50.10.60.50.5
Free cash flow $B1.61.31.00.90.91.20.90.70.40.40.40.1−0.00.30.60.50.5
EPS, diluted $11.149.221.444.965.274.364.603.802.382.35−4.361.946.190.681.641.231.09
Dividend / sh $1.631.541.461.441.401.361.321.281.281.281.281.601.92····
Payout %·······00407−0291310···
ROE %31.029.14.715.918.517.319.817.411.311.6−24.97.821.92.525.922.722.9
Shares out B0.130.130.140.140.140.140.140.150.150.150.070.080.090.340.360.39·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

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Provenance
Company facts, as filed
How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 8 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Computer Integrated Systems Design
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsJanuary 1
Data on record since2007

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