LDOS vs. VLTO: Leidos vs. Veralto Stock Comparison
How do Leidos (LDOS) and Veralto (VLTO) 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 Veralto (VLTO) both fall under the Commercial & Professional Services industry group, but LDOS is classified in Professional Services while VLTO is classified in Commercial Services & Supplies.
Leidos (LDOS) has more than two decades of public-market history since October 17, 2006, whereas Veralto (VLTO) listed on October 4, 2023 and has a much shorter record to draw on.
| Profile Item | LDOS | VLTO |
|---|---|---|
| Name | Leidos Holdings, Inc. | Veralto Corporation |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Commercial & Professional Services | Commercial & Professional Services |
| GICS Industry | Professional Services | Commercial Services & Supplies |
| GICS Sub-Industry | Research & Consulting Services | Environmental & Facilities Services |
| Market Capitalization | 16.19 billion USD | 28.47 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 17, 2006 | October 4, 2023 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LDOS | VLTO |
|---|---|---|
| Total Return (1Y) | -30.14% | 20.35% |
| Total Return (3Y, Annualized) | 11.13% | 19.78% |
| Total Return (5Y, Annualized) | 8.97% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LDOS | VLTO |
|---|---|---|
| Volatility (1Y, Annualized) | 35.87% | 24.45% |
| Beta (5Y) | 0.55 | 0.45 |
| Max Drawdown (5Y) | -49.47% | -27.09% |
| Avg. Volume (3M) | 1.21M | 1.77M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LDOS | VLTO |
|---|---|---|
| Sharpe Ratio (1Y) | -0.96 | 0.66 |
| Sortino Ratio (1Y) | -1.29 | 1.04 |
Profitability
ROE (TTM)
Both Leidos (LDOS) at 28.27% and Veralto (VLTO) at 32.96% 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%
VLTO
Commercial & Professional Services industry group
32.96%
- Max
- 47.06%
- VLTO
- 32.96%
- Q3
- 25.43%
- Median
- 14.11%
- Q1
- 3.92%
- Min
- -20.15%
Net Margin (TTM)
Veralto (VLTO) at 17.27% 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%
VLTO
Commercial & Professional Services industry group
17.27%
- Max
- 23.28%
- VLTO
- 17.27%
- Q3
- 11.35%
- Median
- 5.65%
- Q1
- 0.87%
- Min
- -8.60%
Operating Margin (TTM)
Veralto (VLTO) at 19.42% 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%
VLTO
Commercial & Professional Services industry group
19.42%
- Max
- 38.50%
- VLTO
- 19.42%
- Q3
- 18.84%
- Median
- 10.40%
- Q1
- 5.59%
- Min
- -12.00%
Profitability Metrics
| Metric | LDOS | VLTO |
|---|---|---|
| ROE (TTM) | 28.27% | 32.96% |
| ROA (TTM) | 9.08% | 9.96% |
| Net Margin (TTM) | 7.97% | 17.27% |
| Operating Margin (TTM) | 12.05% | 19.42% |
| Gross Margin (TTM) | 17.63% | 59.84% |
Growth
Revenue Growth
Both Leidos (LDOS) at 3.07% and Veralto (VLTO) at 5.97% 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 Veralto (VLTO) at 12.57% is closer to the peer norm — faster per-share earnings growth for LDOS.
Growth Metrics
| Metric | LDOS | VLTO |
|---|---|---|
| Revenue Growth (YoY) | 3.07% | 5.97% |
| Revenue Growth (3Y CAGR) | 6.06% | 4.16% |
| EPS Growth (YoY) | 20.82% | 12.57% |
| EPS Growth (3Y CAGR) | 30.96% | 3.16% |
Financial Strength
Current Ratio (MRQ)
Both Leidos (LDOS) at 1.60 and Veralto (VLTO) at 2.03 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
VLTO
Commercial & Professional Services industry group
2.03
- Max
- 3.63
- Q3
- 2.14
- VLTO
- 2.03
- Median
- 1.55
- Q1
- 1.09
- Min
- 0.45
Debt / Equity (MRQ)
Veralto (VLTO) at 0.97 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
VLTO
Commercial & Professional Services industry group
0.97
- Max
- 2.37
- Q3
- 1.25
- VLTO
- 0.97
- Median
- 0.88
- Q1
- 0.35
- Min
- 0.00
Financial Strength Metrics
| Metric | LDOS | VLTO |
|---|---|---|
| Current Ratio (MRQ) | 1.60 | 2.03 |
| Debt / Equity (MRQ) | 1.26 | 0.97 |
| Net Debt / EBITDA | 2.46 | 0.99 |
Dividends
Dividend Yield (TTM)
Both Leidos (LDOS) at 1.27% and Veralto (VLTO) at 0.45% 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%
VLTO
Commercial & Professional Services industry group
0.45%
- Max
- 4.33%
- Q3
- 1.80%
- Median
- 0.60%
- VLTO
- 0.45%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Leidos (LDOS) at 15.37% and Veralto (VLTO) at 12.84% 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%
VLTO
Commercial & Professional Services industry group
12.84%
- Max
- 99.58%
- Q3
- 41.99%
- Median
- 17.27%
- VLTO
- 12.84%
- Q1
- 0.00%
- Min
- -17.94%
Dividend Metrics
| Metric | LDOS | VLTO |
|---|---|---|
| Dividend Yield (TTM) | 1.27% | 0.45% |
| Dividend Payout Ratio (TTM) | 15.37% | 12.84% |
Valuation
P/E Ratio (TTM)
Leidos (LDOS) at 11.86 sits in the cheaper P/E ratio quartile, while Veralto (VLTO) at 28.91 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
VLTO
Commercial & Professional Services industry group
28.91
- Max
- 49.47
- Q3
- 33.76
- VLTO
- 28.91
- 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 Veralto (VLTO) at 4.91 sits in the pricier quartile — VLTO 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
VLTO
Commercial & Professional Services industry group
4.91
- Max
- 7.17
- VLTO
- 4.91
- 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 Veralto (VLTO) at 8.82 carries an above-peer premium to book — VLTO 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
VLTO
Commercial & Professional Services industry group
8.82
- Max
- 11.25
- VLTO
- 8.82
- Q3
- 6.08
- Median
- 2.92
- Q1
- 1.55
- Min
- -2.78
Valuation Metrics
| Metric | LDOS | VLTO |
|---|---|---|
| P/E Ratio (TTM) | 11.86 | 28.91 |
| P/S Ratio (TTM) | 0.91 | 4.91 |
| P/B Ratio (MRQ) | 3.13 | 8.82 |
| Free Cash Flow Yield (TTM) | 6.41% | 2.68% |