Leidos (LDOS) Stock Analysis

November 11, 2026

This is a peer-relative look at Leidos (LDOS): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Commercial & Professional Services peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Leidos (LDOS)
Profile Item	LDOS
Name	Leidos Holdings, Inc.
Country/Region	United States
GICS Sector	Industrials
GICS Industry Group	Commercial & Professional Services
GICS Industry	Professional Services
GICS Sub-Industry	Research & Consulting Services
Market Capitalization	16.19 billion USD
Currency	USD
Exchange	NYSE
Listing Date	October 17, 2006
Security Type	Common Stock

Price Performance

Cumulative Growth

LDOS

GSPC

Leidos (LDOS) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Leidos (LDOS) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Leidos (LDOS) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Leidos (LDOS) metric values compared with Commercial & Professional Services industry-group medians
Metric	Current stock: LDOS	Industry group median
Total Return (1Y)	-30.14%	10.68%
Total Return (3Y, Annualized)	11.13%	12.68%
Total Return (5Y, Annualized)	8.97%	3.62%

Risk Profile

Drawdown History

LDOS

GSPC

Leidos (LDOS) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Leidos (LDOS) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Leidos (LDOS) metric values compared with Commercial & Professional Services industry-group medians
Metric	Current stock: LDOS	Industry group median
Volatility (1Y, Annualized)	35.87%	42.02%
Beta (5Y)	0.55	0.79
Max Drawdown (5Y)	-49.47%	-54.59%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. LDOS is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Leidos (LDOS) metric values compared with Commercial & Professional Services industry-group medians
Metric	Current stock: LDOS	Industry group median
Sharpe Ratio (1Y)	-0.96	0.19
Sortino Ratio (1Y)	-1.29	0.27

Profitability

ROE (TTM)

Leidos (LDOS) posts ROE of 28.27%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

LDOS

Commercial & Professional Services industry group

28.27%

Group distribution

Max: 47.06%
LDOS: 28.27%
Q3: 25.43%
Median: 14.11%
Q1: 3.92%
Min: -20.15%

Largest peers

RELX: 131.86%
ADP: 78.94%
CTAS: 41.38%
WM: 31.68%
LDOS: 28.27%
RSG: 18.48%
TRI: 14.11%

Where Leidos (LDOS) stands on ROE within its Commercial & Professional Services peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Leidos (LDOS) keeps 7.97% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

LDOS

Commercial & Professional Services industry group

7.97%

Group distribution

Max: 23.28%
Q3: 11.35%
LDOS: 7.97%
Median: 5.65%
Q1: 0.87%
Min: -8.60%

Largest peers

RELX: 23.27%
ADP: 20.33%
TRI: 19.69%
CTAS: 17.82%
RSG: 12.92%
WM: 11.78%
LDOS: 7.97%

Where Leidos (LDOS) stands on net margin within its Commercial & Professional Services peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Leidos (LDOS) turns 12.05% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

LDOS

Commercial & Professional Services industry group

12.05%

Group distribution

Max: 38.50%
Q3: 18.84%
LDOS: 12.05%
Median: 10.40%
Q1: 5.59%
Min: -12.00%

Largest peers

RELX: 32.01%
ADP: 26.73%
CTAS: 24.10%
TRI: 21.93%
RSG: 20.29%
WM: 19.08%
LDOS: 12.05%

Where Leidos (LDOS) stands on operating margin within its Commercial & Professional Services peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Leidos (LDOS) metric values compared with Commercial & Professional Services industry-group medians
Metric	Current stock: LDOS	Industry group median
ROE (TTM)	28.27%	14.11%
ROA (TTM)	9.08%	5.83%
Net Margin (TTM)	7.97%	5.65%
Operating Margin (TTM)	12.05%	10.40%
Gross Margin (TTM)	17.63%	36.58%

Growth

Revenue Growth

Leidos (LDOS) grew revenue 3.07%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

Leidos (LDOS): Revenue Growth across different time periods, set against Commercial & Professional Services industry-group medians.

EPS Growth

Leidos (LDOS) grew earnings per share 20.82%, in the upper peer quartile. Per-share profits are compounding faster than at most industry peers.

Leidos (LDOS): EPS Growth across different time periods, set against Commercial & Professional Services industry-group medians.

Growth Metrics

Leidos (LDOS) metric values compared with Commercial & Professional Services industry-group medians
Metric	Current stock: LDOS	Industry group median
Revenue Growth (YoY)	3.07%	6.05%
Revenue Growth (3Y CAGR)	6.06%	6.33%
EPS Growth (YoY)	20.82%	5.05%
EPS Growth (3Y CAGR)	30.96%	9.63%

Financial Strength

Current Ratio (MRQ)

Leidos (LDOS) has current ratio of 1.60, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

LDOS

Commercial & Professional Services industry group

1.60

Group distribution

Max: 3.63
Q3: 2.14
LDOS: 1.60
Median: 1.55
Q1: 1.09
Min: 0.45

Largest peers

LDOS: 1.60
CTAS: 1.45
TRI: 1.08
ADP: 1.03
WM: 0.82
RSG: 0.75
RELX: 0.45

Where Leidos (LDOS) stands on current ratio within its Commercial & Professional Services peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Leidos (LDOS) has debt-to-equity ratio of 1.26, in the higher-leverage quartile for its industry. The heavier reliance on borrowing can make earnings, rates, or refinancing conditions matter more.

LDOS

Commercial & Professional Services industry group

1.26

Group distribution

Max: 2.37
LDOS: 1.26
Q3: 1.25
Median: 0.88
Q1: 0.35
Min: 0.00

Largest peers

RELX: 7.10
WM: 2.37
LDOS: 1.26
RSG: 1.17
ADP: 1.10
CTAS: 0.52
TRI: 0.36

Where Leidos (LDOS) stands on debt-to-equity ratio within its Commercial & Professional Services peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Leidos (LDOS) metric values compared with Commercial & Professional Services industry-group medians
Metric	Current stock: LDOS	Industry group median
Current Ratio (MRQ)	1.60	1.55
Debt / Equity (MRQ)	1.26	0.88
Net Debt / EBITDA	2.46	2.51

Dividends

Dividend Yield (TTM)

Leidos (LDOS) has dividend yield of 1.27%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

LDOS

Commercial & Professional Services industry group

1.27%

Group distribution

Max: 4.33%
Q3: 1.80%
LDOS: 1.27%
Median: 0.60%
Q1: 0.00%
Min: 0.00%

Largest peers

ADP: 2.21%
TRI: 2.18%
RELX: 1.66%
WM: 1.52%
LDOS: 1.27%
RSG: 1.02%
CTAS: 0.83%

Where Leidos (LDOS) stands on dividend yield within its Commercial & Professional Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Leidos (LDOS) has payout ratio of 15.37%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

LDOS

Commercial & Professional Services industry group

15.37%

Group distribution

Max: 99.58%
Q3: 41.99%
Median: 17.27%
LDOS: 15.37%
Q1: 0.00%
Min: -17.94%

Largest peers

TRI: 79.09%
ADP: 60.28%
RELX: 53.59%
WM: 48.03%
CTAS: 36.88%
RSG: 35.25%
LDOS: 15.37%

Where Leidos (LDOS) stands on payout ratio within its Commercial & Professional Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Leidos (LDOS) metric values compared with Commercial & Professional Services industry-group medians
Metric	Current stock: LDOS	Industry group median
Dividend Yield (TTM)	1.27%	0.60%
Dividend Payout Ratio (TTM)	15.37%	17.27%

Valuation

P/E Ratio (TTM)

Leidos (LDOS) trades at P/E ratio of 11.86, in the cheaper earnings-multiple quartile for its industry. Investors are paying less for each dollar of TTM earnings than they usually pay for comparable businesses.

LDOS

Commercial & Professional Services industry group

11.86

Group distribution

Max: 49.47
Q3: 33.76
Median: 24.16
Q1: 16.01
LDOS: 11.86
Min: 1.89

Largest peers

CTAS: 43.86
TRI: 34.53
RSG: 34.19
WM: 31.01
ADP: 26.89
RELX: 24.05
LDOS: 11.86

Where Leidos (LDOS) stands on P/E ratio within its Commercial & Professional Services peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Leidos (LDOS) trades at 0.91 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

LDOS

Commercial & Professional Services industry group

0.91

Group distribution

Max: 7.17
Q3: 3.35
Median: 1.33
LDOS: 0.91
Q1: 0.69
Min: 0.11

Largest peers

CTAS: 7.64
RELX: 7.17
TRI: 6.09
ADP: 5.38
RSG: 4.36
WM: 3.60
LDOS: 0.91

Where Leidos (LDOS) stands on P/S ratio within its Commercial & Professional Services peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Leidos (LDOS) trades at 3.13 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

LDOS

Commercial & Professional Services industry group

3.13

Group distribution

Max: 11.25
Q3: 6.08
LDOS: 3.13
Median: 2.92
Q1: 1.55
Min: -2.78

Largest peers

RELX: 169.44
ADP: 23.57
CTAS: 17.07
WM: 9.52
RSG: 6.15
TRI: 4.35
LDOS: 3.13

Where Leidos (LDOS) stands on P/B ratio within its Commercial & Professional Services peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Leidos (LDOS) metric values compared with Commercial & Professional Services industry-group medians
Metric	Current stock: LDOS	Industry group median
P/E Ratio (TTM)	11.86	24.16
P/S Ratio (TTM)	0.91	1.33
P/B Ratio (MRQ)	3.13	2.92
Free Cash Flow Yield (TTM)	6.41%	5.35%