LDOS vs. ULS: Leidos vs. UL Stock Comparison
How do Leidos (LDOS) and UL (ULS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Leidos (LDOS) and UL (ULS) are both classified in the Research & Consulting Services sub-industry within the broader Professional Services industry, placing them in the closest GICS peer bucket.
Leidos (LDOS) carries decades of public-market history since October 17, 2006, while UL (ULS) listed on April 12, 2024 — long-window comparisons have far more historical data on the LDOS side.
| Profile Item | LDOS | ULS |
|---|---|---|
| Name | Leidos Holdings, Inc. | UL Solutions Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Commercial & Professional Services | Commercial & Professional Services |
| GICS Industry | Professional Services | Professional Services |
| GICS Sub-Industry | Research & Consulting Services | Research & Consulting Services |
| Market Capitalization | 16.19 billion USD | 15.88 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 17, 2006 | April 12, 2024 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LDOS | ULS |
|---|---|---|
| Total Return (1Y) | -30.14% | -3.81% |
| Total Return (3Y, Annualized) | 11.13% | -- |
| Total Return (5Y, Annualized) | 8.97% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LDOS | ULS |
|---|---|---|
| Volatility (1Y, Annualized) | 35.87% | 42.88% |
| Beta (5Y) | 0.55 | 0.52 |
| Max Drawdown (5Y) | -49.47% | -38.75% |
| Avg. Volume (3M) | 1.21M | 879.46K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LDOS | ULS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.96 | -0.19 |
| Sortino Ratio (1Y) | -1.29 | -0.28 |
Profitability
ROE (TTM)
Both Leidos (LDOS) at 28.27% and UL (ULS) at 36.51% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
LDOS
Commercial & Professional Services industry group
28.27%
- Max
- 47.06%
- LDOS
- 28.27%
- Q3
- 25.43%
- Median
- 14.11%
- Q1
- 3.92%
- Min
- -20.15%
ULS
Commercial & Professional Services industry group
36.51%
- Max
- 47.06%
- ULS
- 36.51%
- Q3
- 25.43%
- Median
- 14.11%
- Q1
- 3.92%
- Min
- -20.15%
Net Margin (TTM)
UL (ULS) at 16.13% retains a top-quartile share of revenue as profit, ahead of Leidos (LDOS) at 7.97%, which keeps about the industry-typical share.
LDOS
Commercial & Professional Services industry group
7.97%
- Max
- 23.28%
- Q3
- 11.35%
- LDOS
- 7.97%
- Median
- 5.65%
- Q1
- 0.87%
- Min
- -8.60%
ULS
Commercial & Professional Services industry group
16.13%
- Max
- 23.28%
- ULS
- 16.13%
- Q3
- 11.35%
- Median
- 5.65%
- Q1
- 0.87%
- Min
- -8.60%
Operating Margin (TTM)
UL (ULS) at 19.81% operates in the top operating margin quartile, ahead of Leidos (LDOS) at 12.05%, which runs around its industry’s norm.
LDOS
Commercial & Professional Services industry group
12.05%
- Max
- 38.50%
- Q3
- 18.84%
- LDOS
- 12.05%
- Median
- 10.40%
- Q1
- 5.59%
- Min
- -12.00%
ULS
Commercial & Professional Services industry group
19.81%
- Max
- 38.50%
- ULS
- 19.81%
- Q3
- 18.84%
- Median
- 10.40%
- Q1
- 5.59%
- Min
- -12.00%
Profitability Metrics
| Metric | LDOS | ULS |
|---|---|---|
| ROE (TTM) | 28.27% | 36.51% |
| ROA (TTM) | 9.08% | 11.46% |
| Net Margin (TTM) | 7.97% | 16.13% |
| Operating Margin (TTM) | 12.05% | 19.81% |
| Gross Margin (TTM) | 17.63% | 50.69% |
Growth
Revenue Growth
Both Leidos (LDOS) at 3.07% and UL (ULS) at 6.38% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Leidos (LDOS) at 20.82% sits in the top EPS growth quartile, while UL (ULS) at -1.23% is closer to the peer norm — faster per-share earnings growth for LDOS.
Growth Metrics
| Metric | LDOS | ULS |
|---|---|---|
| Revenue Growth (YoY) | 3.07% | 6.38% |
| Revenue Growth (3Y CAGR) | 6.06% | 6.60% |
| EPS Growth (YoY) | 20.82% | -1.23% |
| EPS Growth (3Y CAGR) | 30.96% | 2.98% |
Financial Strength
Current Ratio (MRQ)
Both Leidos (LDOS) at 1.60 and UL (ULS) at 2.09 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
LDOS
Commercial & Professional Services industry group
1.60
- Max
- 3.63
- Q3
- 2.14
- LDOS
- 1.60
- Median
- 1.55
- Q1
- 1.09
- Min
- 0.45
ULS
Commercial & Professional Services industry group
2.09
- Max
- 3.63
- Q3
- 2.14
- ULS
- 2.09
- Median
- 1.55
- Q1
- 1.09
- Min
- 0.45
Debt / Equity (MRQ)
UL (ULS) at 0.54 carries an industry-typical debt-to-equity mix, while Leidos (LDOS) at 1.26 uses more debt funding than most peers.
LDOS
Commercial & Professional Services industry group
1.26
- Max
- 2.37
- LDOS
- 1.26
- Q3
- 1.25
- Median
- 0.88
- Q1
- 0.35
- Min
- 0.00
ULS
Commercial & Professional Services industry group
0.54
- Max
- 2.37
- Q3
- 1.25
- Median
- 0.88
- ULS
- 0.54
- Q1
- 0.35
- Min
- 0.00
Financial Strength Metrics
| Metric | LDOS | ULS |
|---|---|---|
| Current Ratio (MRQ) | 1.60 | 2.09 |
| Debt / Equity (MRQ) | 1.26 | 0.54 |
| Net Debt / EBITDA | 2.46 | -0.11 |
Dividends
Dividend Yield (TTM)
Both Leidos (LDOS) at 1.27% and UL (ULS) at 0.74% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
LDOS
Commercial & Professional Services industry group
1.27%
- Max
- 4.33%
- Q3
- 1.80%
- LDOS
- 1.27%
- Median
- 0.60%
- Q1
- 0.00%
- Min
- 0.00%
ULS
Commercial & Professional Services industry group
0.74%
- Max
- 4.33%
- Q3
- 1.80%
- ULS
- 0.74%
- Median
- 0.60%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Leidos (LDOS) at 15.37% and UL (ULS) at 22.42% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
LDOS
Commercial & Professional Services industry group
15.37%
- Max
- 99.58%
- Q3
- 41.99%
- Median
- 17.27%
- LDOS
- 15.37%
- Q1
- 0.00%
- Min
- -17.94%
ULS
Commercial & Professional Services industry group
22.42%
- Max
- 99.58%
- Q3
- 41.99%
- ULS
- 22.42%
- Median
- 17.27%
- Q1
- 0.00%
- Min
- -17.94%
Dividend Metrics
| Metric | LDOS | ULS |
|---|---|---|
| Dividend Yield (TTM) | 1.27% | 0.74% |
| Dividend Payout Ratio (TTM) | 15.37% | 22.42% |
Valuation
P/E Ratio (TTM)
Leidos (LDOS) at 11.86 sits in the cheaper P/E ratio quartile, while UL (ULS) at 31.21 is closer to its industry’s usual earnings multiple — a discount for LDOS, though growth and earnings durability still matter.
LDOS
Commercial & Professional Services industry group
11.86
- Max
- 49.47
- Q3
- 33.76
- Median
- 24.16
- Q1
- 16.01
- LDOS
- 11.86
- Min
- 1.89
ULS
Commercial & Professional Services industry group
31.21
- Max
- 49.47
- Q3
- 33.76
- ULS
- 31.21
- Median
- 24.16
- Q1
- 16.01
- Min
- 1.89
P/S Ratio (TTM)
Leidos (LDOS) at 0.91 is priced about in line with its industry on P/S ratio, while UL (ULS) at 4.98 sits in the pricier quartile — ULS costs more per dollar of sales.
LDOS
Commercial & Professional Services industry group
0.91
- Max
- 7.17
- Q3
- 3.35
- Median
- 1.33
- LDOS
- 0.91
- Q1
- 0.69
- Min
- 0.11
ULS
Commercial & Professional Services industry group
4.98
- Max
- 7.17
- ULS
- 4.98
- Q3
- 3.35
- Median
- 1.33
- Q1
- 0.69
- Min
- 0.11
P/B Ratio (MRQ)
Leidos (LDOS) at 3.13 is valued about in line with its industry on P/B ratio, while UL (ULS) at 9.32 carries an above-peer premium to book — ULS is pricier on assets.
LDOS
Commercial & Professional Services industry group
3.13
- Max
- 11.25
- Q3
- 6.08
- LDOS
- 3.13
- Median
- 2.92
- Q1
- 1.55
- Min
- -2.78
ULS
Commercial & Professional Services industry group
9.32
- Max
- 11.25
- ULS
- 9.32
- Q3
- 6.08
- Median
- 2.92
- Q1
- 1.55
- Min
- -2.78
Valuation Metrics
| Metric | LDOS | ULS |
|---|---|---|
| P/E Ratio (TTM) | 11.86 | 31.21 |
| P/S Ratio (TTM) | 0.91 | 4.98 |
| P/B Ratio (MRQ) | 3.13 | 9.32 |
| Free Cash Flow Yield (TTM) | 6.41% | 2.94% |