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Leidos Holdings LDOS Net debt / EBITDA

Net debt / EBITDA at other companies

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General DynamicsGD
-0.8×
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3.8×-1.3×
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Raytheon TechnologiesRTX
2.3×-1.2×
Lockheed Martin logo
Lockheed MartinLMT
2.1×+0.4×
Northrop Grumman logo
Northrop GrummanNOC
2.3×-0.5×
Accenture logo
AccentureACN
-0.2×0.0×

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
Debt / equity1.3×0.0×
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 net debt / EBITDA?
Leidos Holdings (LDOS) reported net debt / EBITDA of 2.6× in Q1 2026.
How has Leidos Holdings's net debt / EBITDA changed year-over-year?
Leidos Holdings's net debt / EBITDA increased by 16.5% year-over-year, from 2.2× to 2.6×.
What is the long-term trend for Leidos Holdings's net debt / EBITDA?
Over 4 years (2021 to 2025), Leidos Holdings's net debt / EBITDA has grown at a -12.8% compound annual growth rate (CAGR), from 13.5× to 7.8×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.