Leidos Holdings, Inc. (LDOS)
Industrials · Diversified Support Services · US stock · S&P 500 component
$124.85
▲ +0.85 (0.69%)
Fair valueData under review
$312
$156fair band $219–$406$469
Day's range
$123.49 – $126.25
52-week range
$98.54 – $203.41
About Leidos Holdings, Inc.
Leidos is a technology and engineering services company that serves mainly the United States government, including defense, intelligence, civilian agencies and health programs. It builds and runs information systems, provides cybersecurity and mission support, and delivers engineering and security screening solutions. Revenue comes from contracts with government customers, which may be priced on a cost-plus, time-and-materials or fixed-price basis and are often awarded through competitive bidding.
Leidos Holdings, Inc. generated $17.6 billion of revenue in the last twelve months, with sales that expanded at 6.1% a year across three years. Leverage, measured as net debt to EBITDA, is 2.3 times. The operating margin is 11.5% and the return on invested capital is 15%. The company pays a dividend with a yield of 1.4%. Its X-Ray Score is 67 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $98.54 – $203.41Volume 1,247,000Daily, split-adjusted
Vitals
Market cap$15.7B
52-week range$98.54 – $203.41
Volume (last day)1,247,000
P/E (TTM)11.7
EBIT / EV yield9.6%
Free-cash-flow yield13.7%
Dividend yield1.4%
Revenue (TTM)$17.6B
Net income (TTM)$1.4B
Operating margin11.5%
Return on capital14.9%
Debt incl. leases$6.0B
Cash & securities$748M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$312model spread $292 – $334
Data under review
+0.0% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $125
Undervalued < $219Fair $219 – $406Overvalued > $406
10-year DCF (market-scaled)
$284
Peer multiples
$309
Earnings power floor (not blended)
$71
Fundamentals-adjusted multiple
$345
Growth the price implies
6.0%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Read the lenses below
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Valuation
Strong
98/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield9.6%
Free-cash-flow yield13.7%
Fair value vs price2.5×
Growth
Fair
62/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)6.1%
EPS growth (3y)31.0%
Growth consistency90%
Profitability
Weak
45/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital14.9%
Operating margin11.5%
Gross profitability20.1%
Financial health
Fair
67/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score8 / 9
Net debt / EBITDA2.3×
Interest coverNo interest cost
Dividends
Fair
59/100
Dividend is typical for its sector.
See the numbers →
Dividend yield1.4%
Dividends vs free cash flow10%
Dividend growth2.0%
Quarterly results: last 6 quarters
+6.8%
Apr '25
+2.9%
Jul '25
+6.7%
Oct '25
-3.6%
Jan '26
+3.7%
Apr '26
+7.2%
Jul '26
Revenue against the same quarter a year earlier. Latest quarter revenue $4.6B, diluted EPS $2.81.
Compare with peers
CPRT Copart Inc65 CTAS Cintas Corp57Other Diversified Support Services companies by X-Ray Score.
Fundamentals checklist
● 9 Good · ● 6 Average · ● 1 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldGood
Risk models
Altman Z''Average
Piotroski F-ScoreGood
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Good
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioGood
Net debt / EBITDAAverage
Interest coverGood
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalAverage
Operating marginAverage
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 69/100.
Financials
| FY21 | FY22 | FY23 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $13.7B | $14.4B | $15.4B | $16.7B | $17.2B |
| Operating income | $1.2B | $1.1B | $621M | $1.8B | $2.1B |
| Net income | $753M | $685M | $199M | $1.3B | $1.4B |
| Operating cash flow | $1.0B | $992M | $1.2B | $1.4B | $1.8B |
| Operating margin | 8.4% | 7.6% | 4.0% | 11.0% | 12.3% |
| Free cash flow | $929M | $863M | $980M | $1.3B | $1.6B |
| Diluted EPS | $5.27 | $4.96 | $1.44 | $9.22 | $11.14 |
Fiscal years, from SEC filings.
Technical summary
Daily
Neutral
6 bullish · 2 neutral · 8 bearish
Weekly
Strongly bearish
2 bullish · 1 neutral · 9 bearish
Monthly
Strongly bearish
0 bullish · 1 neutral · 7 bearish
Moving averages (daily)
| SMA 10 | 120.1 | Bullish |
| EMA 10 | 121.7 | Bullish |
| SMA 20 | 121.6 | Bullish |
| EMA 20 | 122.7 | Bullish |
| SMA 50 | 130.3 | Bearish |
| EMA 50 | 125.0 | Bearish |
| SMA 100 | 122.0 | Bullish |
| EMA 100 | 128.5 | Bearish |
| SMA 200 | 143.2 | Bearish |
| EMA 200 | 137.9 | Bearish |
Oscillators (daily)
| RSI (14) | 52.43 | Neutral |
| MACD (12, 26) | -1.71 | Bearish |
| Momentum (12) | 2.48 | Bullish |
| Stochastic %K (14) | 90.13 | Bearish |
| Williams %R (14) | -9.87 | Bearish |
| CCI (20) | 80.03 | Neutral |
Pivot points (classic, last session)
S3 120.7 | S2 122.1 | S1 123.5 | Pivot 124.9 | R1 126.2 | R2 127.6 | R3 129.0 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.72 USD
Yield on today's price
1.38%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 15 Sep 2026 | 0.4300 |
| 15 Jun 2026 | 0.4300 |
| 16 Mar 2026 | 0.4300 |
| 15 Dec 2025 | 0.4300 |
| 15 Sep 2025 | 0.4000 |
| 16 Jun 2025 | 0.4000 |
| 14 Mar 2025 | 0.4000 |
| 16 Dec 2024 | 0.4000 |
| 13 Sep 2024 | 0.3800 |
| 14 Jun 2024 | 0.3800 |
| 14 Mar 2024 | 0.3800 |
| 14 Dec 2023 | 0.3800 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
LDOS SEC filings
5 Oct 2026
8-KSEC EDGAR
Entered a material agreement; Regulation FD disclosure
1 Oct 2026
8-KSEC EDGAR
Director or officer change
4 Aug 2026
10-QSEC EDGAR
Quarterly report
4 Aug 2026
8-KSEC EDGAR
Results of operations
6 May 2026
8-KSEC EDGAR
Director or officer change; Shareholder vote results
5 May 2026
10-QSEC EDGAR
Quarterly report
5 May 2026
8-KSEC EDGAR
Results of operations
15 Apr 2026
8-KSEC EDGAR
Entered a material agreement; Regulation FD disclosure
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.