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Leidos Holdings LDOS Debt-to-equity

Debt-to-equity at other companies

General Dynamics logo
General DynamicsGD
0.4×-0.1×
International Business Machines logo
International Business MachinesIBM
2.3×-0.4×
Raytheon Technologies logo
Raytheon TechnologiesRTX
0.6×-0.1×
Lockheed Martin logo
Lockheed MartinLMT
2.8×-0.3×
Northrop Grumman logo
Northrop GrummanNOC
-0.1×
Accenture logo
AccentureACN
0.3×0.0×

Other financials

Income statement

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Revenue$4.4B+3.7%
Gross profit$761.0M+0.5%
Operating income$508.0M-4.2%
Net income$328.0M-9.6%
EPS (diluted)$2.56-7.6%

Balance sheet

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Cash & equivalents$538.0M-41.8%
Total debt$6.7B+13.8%
Total equity$5.0B+17.8%
Total assets$15.4B+16.6%

Cash flow

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Operating cash flow$301.0M+419%
CapEx$31.0M+40.9%
Free cash flow$270.0M+650%

Valuation

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Market cap$13.67B+0.7%
Enterprise value$19.8B+5.6%
P/E9.7×-0.5×
P/S0.8×0.0×

Profitability

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Gross margin17.9%+0.7pp
Operating margin12%+0.6pp
Net margin8.2%+0.3pp

Returns & leverage

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Return on equity30.5%-0.8pp
Current ratio1.4×-0.1×

Where this comes from

Calculated from Leidos Holdings’s reported figures.

Based on the most recent quarter.

The official record: Leidos Holdings’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Leidos Holdings's debt-to-equity?
Leidos Holdings (LDOS) reported debt-to-equity of 1.3× in Q1 2026.
How has Leidos Holdings's debt-to-equity changed year-over-year?
Leidos Holdings's debt-to-equity decreased by 3.4% year-over-year, from 1.4× to 1.3×.
What is the long-term trend for Leidos Holdings's debt-to-equity?
Over 4 years (2021 to 2025), Leidos Holdings's debt-to-equity has grown at a -3.0% compound annual growth rate (CAGR), from 5.4× to 4.8×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.