LDOSLeidos

Industrials · IT Services · NYSE

Leidos Holdings, Inc. (“Leidos”), a Delaware corporation, is a holding company whose direct 100%-owned subsidiary and principal operating company is Leidos, Inc. 10-K, Item 1

Headquarters: Reston, VA
CEO: Thomas Arthur Bell
Next results: around Feb 16, 2027

Compare with peers → Embed

LDOS and 9 peers, year by year

The 9 Industrials companies closest to LDOS in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.

5 years 10 years Download CSV

Choose the peers

Each company's latest fiscal year
Company	Year	Revenue	Sales growth	Gross margin	Operating margin	Net margin	FCF margin	Return on equity	Debt / equity
LDOS Leidos	FY2025	$17.2B	+3.2%	-	12.3%	8.4%	9.5%	29.5%	0.95
URI United Rentals	FY2025	$16.1B	+3.0%	38.2%	24.7%	15.5%	-	27.8%	1.77
CHRW C.H. Robinson	FY2025	$16.2B	−8.4%	-	4.9%	3.6%	5.5%	31.8%	0.59
ITW Illinois Tool Works	FY2025	$16.0B	+0.9%	-	26.3%	19.1%	16.9%	95.0%	2.78
EMR Emerson Electric	FY2026	$19.0B	+5.4%	53.4%	-	14.2%	18.6%	13.0%	0.59
GWW W. W. Grainger	FY2025	$17.9B	+4.5%	39.1%	13.9%	9.5%	7.4%	45.7%	0.70
RSG Republic Services	FY2025	$19.0B	+3.5%	-	17.4%	11.2%	12.7%	17.9%	1.15
EME Emcor	FY2025	$17.0B	+16.6%	19.3%	10.1%	7.5%	7.0%	34.6%	-
TXT Textron	FY2025	$14.8B	+8.0%	-	-	6.2%	6.3%	11.7%	-
SWK Stanley Black & Decker	FY2025	$15.1B	−1.5%	-	-	2.7%	4.5%	4.4%	0.65

Revenuepeer median $16.2B

Sales growthpeer median +3.5%

Gross marginpeer median 38.6%

EMR 53.4%
GWW 39.1%
URI 38.2%
EME 19.3%
LDOS -
CHRW -
ITW -
RSG -
TXT -
SWK -

Operating marginpeer median 15.6%

ITW 26.3%
URI 24.7%
RSG 17.4%
GWW 13.9%
LDOS 12.3%
EME 10.1%
CHRW 4.9%
EMR -
TXT -
SWK -

Net marginpeer median 9.5%

FCF marginpeer median 7.2%

Return on equitypeer median 27.8%

Debt / equitypeer median 0.70

ITW 2.78
URI 1.77
RSG 1.15
LDOS 0.95
GWW 0.70
SWK 0.65
CHRW 0.59
EMR 0.59
EME -
TXT -

RevenueSales growthGross marginOperating marginNet marginFree cash flowFCF marginReturn on equityDebt / equityEPS (diluted)

Revenue, FY2016 to FY2025

Revenue as reported in the 10-K.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
LDOS Jan	$7.0B	$10.2B	$10.2B	$11.1B	$12.3B	$13.7B	$14.4B	$15.4B	$16.7B	$17.2B
URI Dec	$5.8B	$6.6B	$8.0B	$9.4B	$8.5B	$9.7B	$11.6B	$14.3B	$15.3B	$16.1B
CHRW Dec	$13.1B	$14.9B	$16.6B	$15.3B	$16.2B	$23.1B	$24.7B	$17.6B	$17.7B	$16.2B
ITW Dec	$13.6B	$14.3B	$14.8B	$14.1B	$12.6B	$14.5B	$15.9B	$16.1B	$15.9B	$16.0B
EMR Sep	$14.5B	$15.3B	$17.4B	$18.4B	$16.8B	$12.9B	$13.8B	$15.2B	$17.5B	$18.0B
GWW Dec	$10.1B	$10.4B	$11.2B	$11.5B	$11.8B	$13.0B	$15.2B	$16.5B	$17.2B	$17.9B
RSG Dec	-	$12.1B	$11.9B	$12.2B	$12.0B	$13.3B	$15.6B	$17.3B	$18.4B	$19.0B
EME Dec	$7.6B	$7.7B	$8.1B	$9.2B	$8.8B	$9.9B	$11.1B	$12.6B	$14.6B	$17.0B
TXT Jan	$13.8B	$14.2B	$14.0B	$13.6B	$11.7B	$12.4B	$12.9B	$13.7B	$13.7B	$14.8B
SWK Jan	$11.6B	$14.0B	-	$12.9B	$12.8B	$15.3B	$16.9B	$15.8B	$15.4B	$15.1B
Peer median	$12.4B	$14.0B	$12.9B	$12.9B	$12.0B	$13.0B	$15.2B	$15.8B	$15.9B	$16.2B

Sales growth, FY2016 to FY2025

Revenue against the fiscal year before.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
LDOS Jan	-	+44.4%	+0.2%	+7.7%	+11.1%	+11.6%	+4.9%	+7.4%	+8.1%	+3.2%
URI Dec	−0.9%	+15.3%	+21.2%	+16.2%	−3.3%	+13.1%	+10.9%	+35.7%	+5.7%	+3.0%
CHRW Dec	−2.5%	+13.1%	+11.8%	−7.9%	+5.9%	+42.5%	+6.9%	−28.7%	+0.7%	−8.4%
ITW Dec	+1.4%	+5.3%	+3.2%	−4.5%	−10.9%	+15.0%	+10.2%	+1.1%	−1.3%	+0.9%
EMR Sep	-	+5.1%	+14.0%	+5.5%	−8.6%	+8.6%	+6.7%	+9.9%	+15.3%	+3.0%
GWW Dec	+1.6%	+2.8%	+7.6%	+2.4%	+2.7%	+10.4%	+16.9%	+8.2%	+4.2%	+4.5%
RSG Dec	-	+7.0%	0.0%	+2.6%	−1.4%	+11.2%	+19.6%	+10.8%	+7.1%	+3.5%
EME Dec	+12.4%	+1.8%	+5.8%	+12.8%	−4.1%	+12.6%	+11.8%	+13.6%	+15.8%	+16.6%
TXT Jan	+2.7%	+3.0%	−1.6%	−2.4%	−14.5%	+6.3%	+3.9%	+6.3%	+0.1%	+8.0%
SWK Jan	+2.1%	+7.8%	-	+3.3%	+1.1%	+19.9%	+10.9%	−6.9%	−2.6%	−1.5%
Peer median	+1.6%	+5.3%	+6.7%	+2.6%	−3.3%	+12.6%	+10.9%	+8.2%	+4.2%	+3.0%

Gross margin, FY2016 to FY2025

Gross profit / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
LDOS Jan	-	-	-	-	-	-	-	-	-	-
URI Dec	41.7%	41.7%	41.8%	39.2%	37.3%	39.7%	42.9%	40.6%	40.1%	38.2%
CHRW Dec	-	-	-	-	-	-	-	-	-	-
ITW Dec	-	-	-	-	-	-	-	-	-	-
EMR Sep	43.1%	42.0%	42.7%	42.5%	41.8%	58.5%	45.7%	49.0%	50.8%	52.8%
GWW Dec	40.6%	39.3%	38.7%	38.3%	35.9%	36.2%	38.4%	39.4%	39.4%	39.1%
RSG Dec	-	-	-	-	-	-	-	-	-	-
EME Dec	13.7%	14.9%	14.8%	14.8%	15.9%	15.2%	14.5%	16.6%	19.0%	19.3%
TXT Jan	-	-	-	-	-	-	-	-	-	-
SWK Jan	36.8%	34.7%	-	37.2%	34.6%	33.3%	25.3%	-	-	-
Peer median	40.6%	39.3%	40.3%	38.3%	35.9%	36.2%	38.4%	40.0%	39.7%	38.6%

Operating margin, FY2016 to FY2025

Operating income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
LDOS Jan	5.9%	5.5%	7.3%	8.2%	8.1%	8.4%	7.6%	4.0%	11.0%	12.3%
URI Dec	24.6%	22.7%	24.2%	23.0%	21.1%	23.4%	27.8%	26.7%	26.5%	24.7%
CHRW Dec	6.4%	5.2%	5.5%	5.2%	4.2%	4.7%	5.1%	2.9%	3.8%	4.9%
ITW Dec	22.5%	24.3%	24.3%	24.1%	22.9%	24.1%	23.8%	25.1%	26.8%	26.3%
EMR Sep	-	-	-	-	-	-	-	-	-	-
GWW Dec	11.0%	9.9%	10.3%	11.0%	8.6%	11.9%	14.5%	15.6%	15.4%	13.9%
RSG Dec	-	13.8%	14.6%	14.7%	14.2%	15.6%	15.3%	16.1%	17.4%	17.4%
EME Dec	4.1%	4.3%	5.0%	5.0%	2.9%	5.4%	5.1%	7.0%	9.2%	10.1%
TXT Jan	-	-	-	-	-	-	-	-	-	-
SWK Jan	15.8%	13.5%	-	15.4%	17.1%	-	-	-	-	-
Peer median	13.4%	13.5%	12.5%	14.7%	14.2%	13.7%	14.9%	15.8%	16.4%	15.6%

Net margin, FY2016 to FY2025

Net income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
LDOS Jan	3.5%	3.6%	5.7%	6.0%	5.1%	5.5%	4.8%	1.3%	7.5%	8.4%
URI Dec	9.8%	20.3%	13.6%	12.6%	10.4%	14.3%	18.1%	16.9%	16.8%	15.5%
CHRW Dec	3.9%	3.4%	4.0%	3.8%	3.1%	3.7%	3.8%	1.8%	2.6%	3.6%
ITW Dec	15.0%	11.8%	17.4%	17.9%	16.8%	18.6%	19.0%	18.4%	21.9%	19.1%
EMR Sep	11.3%	9.9%	12.7%	12.6%	11.7%	17.8%	23.4%	87.2%	11.3%	12.6%
GWW Dec	6.0%	5.6%	7.0%	7.4%	5.9%	8.0%	10.2%	11.1%	11.1%	9.5%
RSG Dec	-	10.6%	8.7%	8.8%	8.0%	9.7%	9.5%	10.0%	11.1%	11.2%
EME Dec	2.4%	3.0%	3.5%	3.5%	1.5%	3.9%	3.7%	5.0%	6.9%	7.5%
TXT Jan	7.0%	2.2%	8.7%	6.0%	2.7%	6.0%	6.7%	6.7%	6.0%	6.2%
SWK Jan	8.3%	4.3%	-	7.4%	9.7%	11.1%	6.3%	−2.0%	1.9%	2.7%
Peer median	7.7%	5.6%	8.7%	7.4%	8.0%	9.7%	9.5%	10.0%	11.1%	9.5%

Free cash flow, FY2016 to FY2025

Cash from operations minus capital spending.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
LDOS Jan	$420.0M	$445.0M	$695.0M	$871.0M	$1.2B	$929.0M	$863.0M	$980.0M	$1.3B	$1.6B
URI Dec	$1.8B	$2.1B	$2.7B	$2.8B	$2.5B	$491.0M	$743.0M	$840.0M	$416.0M	-
CHRW Dec	$456.0M	$343.9M	$747.9M	$799.1M	$476.1M	$60.8M	$1.6B	$702.0M	$486.4M	$894.9M
ITW Dec	$2.0B	$2.1B	$2.4B	$2.7B	$2.6B	$2.3B	$1.9B	$3.1B	$2.8B	$2.7B
EMR Sep	$2.4B	$1.4B	$2.3B	$2.4B	$2.5B	$3.2B	$2.6B	$274.0M	$2.9B	$2.7B
GWW Dec	$740.0M	$820.0M	$818.0M	$821.0M	$926.0M	$682.0M	$1.1B	$1.6B	$1.6B	$1.3B
RSG Dec	-	$920.9M	$1.2B	$1.1B	$1.3B	$1.5B	$1.7B	$2.0B	$2.1B	$2.4B
EME Dec	$222.7M	$331.4M	$227.5M	$307.3M	$758.4M	$282.6M	$448.6M	$821.3M	$1.3B	$1.2B
TXT Jan	$479.0M	$513.0M	$738.0M	$675.0M	$451.0M	$1.2B	$1.1B	$864.0M	$650.0M	$929.0M
SWK Jan	$838.5M	$768.8M	-	$1.1B	$1.7B	$144.0M	−$2.0B	$852.6M	$753.0M	$687.9M
Peer median	$789.2M	$820.0M	$994.5M	$1.1B	$1.3B	$682.0M	$1.1B	$852.6M	$1.3B	$1.3B

FCF margin, FY2016 to FY2025

Free cash flow / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
LDOS Jan	6.0%	4.4%	6.8%	7.9%	9.4%	6.8%	6.0%	6.3%	7.7%	9.5%
URI Dec	32.1%	31.5%	33.2%	30.0%	28.9%	5.1%	6.4%	5.9%	2.7%	-
CHRW Dec	3.5%	2.3%	4.5%	5.2%	2.9%	0.3%	6.4%	4.0%	2.7%	5.5%
ITW Dec	14.9%	14.7%	16.6%	18.9%	20.4%	15.6%	12.2%	19.1%	17.9%	16.9%
EMR Sep	16.8%	9.4%	13.1%	13.1%	15.2%	24.5%	19.0%	1.8%	16.7%	14.8%
GWW Dec	7.3%	7.9%	7.3%	7.1%	7.8%	5.2%	7.1%	9.6%	9.1%	7.4%
RSG Dec	-	7.6%	9.8%	9.4%	10.6%	11.0%	11.1%	11.5%	11.3%	12.7%
EME Dec	2.9%	4.3%	2.8%	3.3%	8.6%	2.9%	4.1%	6.5%	9.2%	7.0%
TXT Jan	3.5%	3.6%	5.3%	5.0%	3.9%	9.9%	8.8%	6.3%	4.7%	6.3%
SWK Jan	7.2%	5.5%	-	8.4%	13.1%	0.9%	−11.7%	5.4%	4.9%	4.5%
Peer median	7.3%	7.6%	8.6%	8.4%	10.6%	5.2%	7.1%	6.3%	9.1%	7.2%

Return on equity, FY2016 to FY2025

Net income / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
LDOS Jan	7.8%	10.9%	17.6%	19.5%	16.3%	17.5%	15.9%	4.7%	28.4%	29.5%
URI Dec	34.3%	43.3%	32.2%	30.7%	19.6%	23.1%	29.8%	29.8%	29.9%	27.8%
CHRW Dec	40.8%	35.4%	41.7%	34.5%	26.9%	41.8%	69.5%	22.9%	27.0%	31.8%
ITW Dec	47.8%	36.8%	78.7%	83.2%	66.3%	74.3%	98.2%	98.1%	105.2%	95.0%
EMR Sep	21.6%	17.4%	24.6%	28.0%	23.4%	23.3%	31.2%	63.9%	9.1%	11.2%
GWW Dec	33.7%	34.7%	40.7%	45.8%	38.0%	55.7%	63.4%	58.7%	56.8%	45.7%
RSG Dec	-	16.1%	13.1%	13.2%	11.4%	14.4%	15.4%	16.4%	17.9%	17.9%
EME Dec	11.8%	13.6%	16.3%	15.8%	6.5%	17.0%	20.6%	25.6%	34.3%	34.6%
TXT Jan	17.3%	5.4%	23.5%	14.8%	5.3%	10.9%	12.1%	13.2%	11.4%	11.7%
SWK Jan	15.2%	7.7%	-	10.5%	11.2%	14.6%	10.9%	−3.4%	3.4%	4.4%
Peer median	27.7%	17.4%	28.4%	28.0%	19.6%	23.1%	29.8%	25.6%	27.0%	27.8%

Debt / equity, FY2016 to FY2025

Total debt / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
LDOS Jan	1.05	0.92	0.94	0.87	1.23	1.09	1.07	1.11	1.06	0.95
URI Dec	5.12	3.30	3.74	3.27	2.30	1.78	1.64	1.60	1.70	1.77
CHRW Dec	0.99	1.03	0.84	0.74	0.58	0.95	1.46	1.11	0.80	0.59
ITW Dec	1.84	1.81	2.26	2.56	2.55	2.12	2.51	2.71	2.37	2.78
EMR Sep	0.88	0.53	0.53	0.69	0.89	0.67	1.00	0.39	0.36	0.65
GWW Dec	1.26	1.39	1.16	1.19	1.31	1.26	0.95	0.74	0.83	0.70
RSG Dec	-	1.03	1.07	1.08	1.07	1.08	1.23	1.22	1.13	1.15
EME Dec	0.27	0.19	0.17	0.14	0.13	0.12	0.13	0.00	-	-
TXT Jan	-	-	-	-	-	-	-	-	-	-
SWK Jan	0.60	0.54	-	0.38	0.38	0.57	0.77	0.79	0.70	0.65
Peer median	0.99	1.03	1.07	0.91	0.98	1.01	1.11	0.95	0.83	0.70

EPS (diluted), FY2016 to FY2025

Diluted earnings per share, on today's share count after splits.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
LDOS Jan	$2.35	$2.38	$3.80	$4.60	$4.36	$5.27	$4.96	$1.44	$9.22	$11.14
URI Dec	$6.45	$15.73	$13.12	$15.11	$12.20	$19.04	$29.65	$35.28	$38.69	$38.61
CHRW Dec	$3.59	$3.57	$4.73	$4.19	$3.72	$6.31	$7.40	$2.72	$3.86	$4.83
ITW Dec	$5.70	$4.86	$7.60	$7.74	$6.63	$8.51	$9.77	$9.74	$11.71	$10.49
EMR Sep	$2.52	$2.35	$3.46	$3.71	$3.24	$3.82	$5.41	$22.88	$3.44	$4.00
GWW Dec	$9.87	$10.02	$13.73	$15.32	$12.82	$19.84	$30.06	$36.23	$38.71	$35.40
RSG Dec	-	$3.77	$3.16	$3.33	$3.02	$4.04	$4.69	$5.47	$6.49	$6.85
EME Dec	$2.97	$3.82	$4.85	$5.75	$2.40	$7.06	$8.10	$13.31	$21.52	$28.19
TXT Jan	$3.53	$1.14	$4.83	-	-	$3.30	$4.01	$4.56	$4.33	$5.11
SWK Jan	$6.53	$3.85	-	$6.11	$7.46	$10.16	$6.76	−$2.07	$1.95	$2.65
Peer median	$4.64	$3.82	$4.84	$5.93	$5.17	$7.06	$7.40	$9.74	$6.49	$6.85

Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out LDOS and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more →

Work on LDOS in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/LDOS/export.csv") into a cell.