OakChart

Leidos Holdings Inc

LDOSTechnology·Information Technology Services·USA·Large·NYSE·Nov 13 • 7:00 AM ET

131.01-0.10 (-0.08%)
2026-11-13 13:58 CET
Market cap
$15.98B
Revenue, TTM
17,795.00 USD m
Net income, TTM
1,419.00 USD m
Free cash flow, TTM
1,959.00 USD m
EPS diluted, TTM
11.19
Price / earnings
11.71
Compare

Price

LDOS against its 20, 50 and 200-day averages
Terms2050200Beat
Patternshover a marker to name it
RS 21Sales 4,526Price4,5264,636100.00120.00140.00160.00180.003.4M6.9MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26LDOSclose 131.0120-day 135.4550-day 128.79200-day 138.39131.0152w low 98.8652-week range, not 6 months

36.1% under the 52-week high of 205.00 on 8 Jan 2026. 52-week low 98.86 on 30 Jun 2026. Last 15 sessions, 16.7% high to low

Volume 0.00× normal · the line is the 50-bar volume average

Setup. RS line 21
CANSLIM 2 of 6 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); 52-Week High/Low: 0-10% below High; Performance: Year +50%
VCP 2 of 6 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Average True Range: Under 2
Minervini 0 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 0 of 5 — fails: RSI (14): Not Oversold (>50); Performance: Week +10%; 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5; 200-Day Simple Moving Average: Price above SMA200
Leaders 2 of 5 — fails: 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%; 52-Week High/Low: 0-10% below High
Breakout 1 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2; 200-Day Simple Moving Average: Price above SMA200
Growth 1 of 4 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); EPS Growth Next Year: High (>25%)
Quality 3 of 5 — fails: Net Profit Margin: High (>20%); Debt/Equity: Low (<0.1)
Value 2 of 4 — fails: P/B: Under 2; Debt/Equity: Low (<0.1)
Income 3 of 4 — fails: Dividend Yield: Over 2%
Small Cap 1 of 4 — fails: Float: Under 100M; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%
Accumulation 1 of 4 — fails: Institutional Transactions: Over +10%; 200-Day Simple Moving Average: Price above SMA200; Performance: Year Up
Relative Strength 1 of 3 — fails: Performance: Year +100%; 200-Day Simple Moving Average: Price above SMA200

Profile

LDOS
52-week range, 30% of the way up
98.86205.00

Leidos Holdings, Inc. engages in providing services and solutions in the defense, intelligence, civil, and health markets. It operates through the following segments: Intelligence & Digital, Health, Homeland, and Defense. The Intelligence & Digital segment integrates intelligence tradecraft, full-spectrum cyber capabilities, and advanced technical solutions. The Health segment delivers services and solutions to federal and commercial customers in areas of public health, care coordination, and life and environmental sciences. The Homeland segment provides safety-critical software for the automation of air traffic both domestically and internationally. The Defense segment develops and produces advanced space, aerial, surface, and subsurface manned and unmanned defense systems. The company was founded by John Robert Beyster on February 3, 1969 and is headquartered in Reston, VA.

IndexS&P 500, RUI
Employees47000
IPOOct 13, 2006
Beta0.55
ATR, 14d4.64
Rel volume0.00
Short float3.23%
Insider own0.75%
Inst own83.16%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap$15.98B
Enterprise Value21.83B
Income1.42B
Sales17.80B
Book / share42.39
Cash / share6.34
Dividend Est.1.74 (1.33%)
Dividend TTM1.72 (1.31%)
Dividend Ex-DateDec 15, 2026
Dividend Gr. 3/5Y4.22% 3.69%
Payout14.63%
Employees47000
IPOOct 13, 2006

Ratios

Price / earnings11.71
Forward price / earnings11.07
Price / earnings / growth4.36
Price / sales0.90
Price / book3.09
Price / cash20.65
Price / free cash flow8.16
Value / cash profit9.07
Value / sales1.23
Quick Ratio1.57
Current Ratio1.60
Debt / equity1.27
Long-term debt / equity1.27
Options and shortYes / Yes

Earnings

Earnings / share11.19
Earnings next year11.83
Earnings next quarter2.72
Earnings this year5.19%
Earnings next year-6.20%
Earnings growth, 5 years2.54%
Past earnings growth30.92% 20.63%
Past sales growth6.06% 6.91%
Earnings vs last year4.32%
Sales vs last year2.67%
Earnings vs last quarter16.18%
Sales vs last quarter3.60%
EarningsNov 03 BMO
Surprise19.37% -1.79%

Ownership

Insiders own0.75%
Insider trades-1.19%
Institutions own83.16%
Institution trades4.60%
Return on assets9.78%
Return on equity28.15%
Return on capital12.11%
Gross Margin17.63%
Operating margin11.82%
Profit Margin7.97%
20-day average-3.27%
50-day average1.73%
200-day average-5.33%

Technical

Shares out122.00M
Shares floating121.08M
Short / float3.23%
Short ratio3.32
Short interest3.91M
52-week high205.00 -36.1%
52-week low98.86 +32.5%
Volatility3.45% 3.30%
Average range4.64
Strength index47.01
Market sensitivity0.55
Relative volume0.00
Avg Volume1.18M
Volume51

Performance

Perf Week-1.26%
Perf Month5.65%
Perf Quarter-7.90%
Perf Half Y5.92%
Perf YTD-27.38%
Perf Year-31.52%
Perf 3Y25.48%
Perf 5Y40.01%
Perf 10Y182.05%
Recommendation2.44
Target Price148.50
Prev Close131.11
Price131.01
Change %-0.08%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 08, 2026DowngradeJP MorganOverweight → Neutral$142+8.4%
Jun 17, 2026DowngradeBofA SecuritiesBuy → Neutral$125-4.6%
Jun 03, 2026DowngradeJefferiesBuy → Hold$140+6.9%
May 27, 2026InitiatedBNP Paribas ExaneOutperform$165+25.9%
Apr 01, 2026InitiatedWells FargoEqual Weight$165+25.9%
Jan 08, 2026DowngradeStifelBuy → Hold$220+67.9%
Dec 12, 2025InitiatedCitigroupBuy$218+66.4%
Sep 04, 2025UpgradeRBC Capital MktsSector Perform → Outperform$210+60.3%
Aug 06, 2025UpgradeJefferiesHold → Buy$205+56.5%
Jun 24, 2025ResumedStifelBuy$178+35.9%

Peers

Mkt cap
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CACICaci International Inc14.30B
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PSNParsons Corp5.26B
BAHBooz Allen Hamilton Holding Corp10.25B
AMTMAmentum Holdings Inc5.39B
GDGeneral Dynamics Corp98.77B
KBRKBR Inc4.45B
LHXL3Harris Technologies Inc50.72B
VVXV2X Inc2.50B
ICFIICF International Inc1.48B

Insider trading

latest 14 of 20
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
May Gary StephenDirectorSep 01 '26Sale140.851,000140,84510,204Sep 02 04:34 PM
May Gary StephenDirectorSep 01 '26Proposed Sale140.851,000140,845Sep 01 10:09 AM
Geer Noel BDirectorAug 11 '26Sale140.6610,0001,406,62034,274Aug 13 04:29 PM
Noel B. GeerDirectorAug 11 '26Proposed Sale139.0810,0001,390,800Aug 11 03:38 PM
May Gary StephenDirectorMay 07 '26Option Exercise75.023,345250,94213,482May 08 04:12 PM
May Gary StephenDirectorMay 07 '26Sale132.751,484197,00510,137May 08 04:12 PM
May Gary StephenDirectorMay 07 '26Proposed Sale132.751,484197,005May 07 11:00 AM
Porter Elizabeth ASector PresidentApr 07 '26Sale158.782,000317,55549,476Apr 08 04:44 PM
Porter Elizabeth ASector PresidentApr 07 '26Proposed Sale158.782,000317,555Apr 07 10:52 AM
Dahlberg Gregory RDirectorMar 16 '26Option Exercise75.023,345250,94224,413Mar 18 04:30 PM
Geer Noel BDirectorMar 04 '26Option Exercise94.876,188587,07943,207Mar 05 05:07 PM
Porter Elizabeth ASector PresidentFeb 23 '26Option Exercise62.433,240202,27351,263Feb 25 04:34 PM
O'Connor Jason M.Sector PresidentFeb 23 '26Option Exercise62.431,25278,16211,936Feb 25 04:31 PM
KRAEMER HARRY M JANSEN JRDirectorFeb 20 '26Option Exercise75.023,345250,94294,705Feb 24 04:38 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
VOOVanguard S&P 500 ETFAUM: 1070.75B
VBVanguard Morningstar Small-Cap ETFAUM: 80.23B
CIBRFirst Trust NASDAQ Cybersecurity ETFAUM: 16.70B
IVViShares Core S&P 500 ETFAUM: 882.14B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.88B
RSPInvesco S&P 500 Equal Weight ETFAUM: 105.70B
SPYSPDR S&P 500 ETF TrustAUM: 805.69B
VFLOVictoryShares Free Cash Flow ETFAUM: 12.71B
SHLDGlobal X Defense Tech ETFAUM: 6.13B

News

latest 14 of 200
  • Bringing Women's Preventive Care Closer to Home (ACCESSWIRE)
  • Leidos Launches Agentic AI Platform To Speed Response to Cyber Threats (ACCESSWIRE)
  • The Next 25 Years of Airport Security (ACCESSWIRE)
  • Leidos introduces HeadWay Dispatch for AI agent oversight (PR Newswire)
  • Leidos Beats On Tax And Buybacks And Raises EPS Guidance, But Stalling Organic Growth And A Flat 2027 Warning Cloud The Outlook (Earnings Whispers) -6.55%
  • Leidos Reports Stronger Q3 Profit and Raises Earnings Outlook Despite Revenue Shortfall (InvestorsHub)
  • Leidos: Q3 Earnings Snapshot (Associated Press)
  • Leidos Delivers Strong Third Quarter and Enhances Full-Year Guidance (PR Newswire)
  • Leidos mobilizes supply chain to scale production of thousands of U.S. cruise missiles (PR Newswire)
  • Leidos Holdings, Inc. Increases Quarterly Cash Dividend by 4.7% (PR Newswire)
  • U.S. Cyber Command selects Leidos to deploy unified cyber planning platform (PR Newswire)
  • Know, Control, Prove: Building Trust in Agentic AI (ACCESSWIRE)
  • Leidos Must Prove Defense Momentum Can Outrun A Shrinking Health Margin (Earnings Whispers)
  • Leidos bringing AI advances to Pentagon logistics system (PR Newswire)

Quarterly earnings

2026Q3 EPS 3.620 beat 3.033, from 3.050 a year earlier. Sales 4,630 missed 4,714, from 4,469 a year earlier
EPS
3.62002024Q4 EPS 2.370 against 2.26924Q42025Q1 EPS 2.970 against 2.50125Q12025Q2 EPS 3.210 against 2.66225Q22025Q3 EPS 3.050 against 2.71525Q32025Q4 EPS 2.760 against 2.60725Q42026Q1 EPS 3.130 against 2.89826Q12026Q2 EPS 3.260 against 2.90826Q22026Q3 EPS 3.620 against 3.03326Q3
Sales, USD millions
4,71402024Q4 sales 4,365 against 4,13324Q42025Q1 sales 4,245 against 4,09325Q12025Q2 sales 4,253 against 4,23425Q22025Q3 sales 4,469 against 4,27725Q32025Q4 sales 4,207 against 4,30325Q42026Q1 sales 4,400 against 4,27826Q12026Q2 sales 4,558 against 4,43726Q22026Q3 sales 4,630 against 4,71426Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-11-03 08:303.6203.0333.2804,6304,714EPS +19.4% · sales -1.8%vs 2025Q3, year-ago quarter · EPS +18.7% · sales +3.6%14Open -7.21% vs SPY +0.08%. Close -6.55% vs SPY +0.30%
2026Q2ended 2026-06-302026-08-04 08:303.2602.9082.8104,5584,437EPS +12.1% · sales +2.7%vs 2025Q2, year-ago quarter · EPS +1.6% · sales +7.2%15Open +5.26% vs SPY +0.39%. Close +10.01% vs SPY +1.80%
2026Q1ended 2026-03-312026-05-05 08:303.1302.8982.5634,4004,278EPS +8.0% · sales +2.8%vs 2025Q1, year-ago quarter · EPS +5.4% · sales +3.7%13Open +2.38% vs SPY +0.52%. Close -7.81% vs SPY +0.80%
2025Q4ended 2025-12-312026-02-17 08:302.7602.6072.5354,2074,303EPS +5.9% · sales -2.2%vs 2024Q4, year-ago quarter · EPS +16.5% · sales -3.6%13Open +1.12% vs SPY -0.24%. Close -8.38% vs SPY +0.16%
2025Q3ended 2025-09-302025-11-04 08:303.0502.7152.8234,4694,277EPS +12.4% · sales +4.5%vs 2024Q3, year-ago quarter · EPS +4.1% · sales +6.7%13Open -1.76% vs SPY -1.06%. Close +3.37% vs SPY -1.19%
2025Q2ended 2025-06-302025-08-05 08:303.2102.6623.0084,2534,234EPS +20.6% · sales +0.4%vs 2024Q2, year-ago quarter · EPS +22.1% · sales +2.9%14 EPS · 12 salesOpen +4.39% vs SPY +0.10%. Close +7.45% vs SPY -0.51%
2025Q1ended 2025-03-312025-05-06 08:302.9702.5012.7714,2454,093EPS +18.8% · sales +3.7%vs 2024Q1, year-ago quarter · EPS +29.7% · sales +6.8%15 EPS · 14 salesOpen -1.40% vs SPY -0.99%. Close +4.60% vs SPY -0.84%
2024Q4ended 2024-12-312025-02-11 08:302.3702.2692.1194,3654,133EPS +4.5% · sales +5.6%vs 2023Q4, year-ago quarter · EPS +19.1% · sales +9.7%15 EPS · 14 salesOpen +3.32% vs SPY -0.38%. Close -3.62% vs SPY +0.08%
2024Q3ended 2024-09-302024-10-29 08:302.9302.0132.6774,1904,060EPS +45.6% · sales +3.2%vs 2023Q3, year-ago quarter · EPS +44.3% · sales +6.9%13 EPS · 12 salesOpen +7.23% vs SPY -0.17%. Close +9.50% vs SPY +0.16%
2024Q2ended 2024-06-302024-07-30 08:302.6302.2702.3684,1324,063EPS +15.8% · sales +1.7%vs 2023Q2, year-ago quarter · EPS +46.1% · sales +7.7%14 EPS · 13 salesOpen +0.02% vs SPY +0.28%. Close -4.57% vs SPY -0.51%
2024Q1ended 2024-03-312024-04-30 08:302.2901.6992.0733,9753,818EPS +34.8% · sales +4.1%vs 2023Q1, year-ago quarter · EPS +55.8% · sales +7.5%13Open +5.68% vs SPY -0.29%. Close +6.53% vs SPY -1.58%
2023Q4ended 2023-12-312024-02-13 08:301.9901.7441.6593,9803,803EPS +14.1% · sales +4.6%vs 2022Q4, year-ago quarter · EPS +8.7% · sales +7.7%14 EPS · 13 salesOpen +4.44% vs SPY -1.29%. Close +5.87% vs SPY -1.38%
2023Q3ended 2023-09-302023-10-31 08:302.0301.666-2.9123,9213,775EPS +21.9% · sales +3.9%vs 2022Q3, year-ago quarter · EPS +27.7% · sales +8.7%12 EPS · 11 sales-
2023Q2ended 2023-06-302023-08-01 08:301.8001.5701.5003,8383,716EPS +14.6% · sales +3.3%vs 2022Q2, year-ago quarter · EPS +13.2% · sales +6.7%14 EPS · 12 sales-
2023Q1ended 2023-03-312023-05-02 08:301.4701.5861.1743,6993,653EPS -7.3% · sales +1.3%vs 2022Q1, year-ago quarter · EPS -7.0% · sales +5.9%15 EPS · 12 sales-
2022Q4ended 2022-12-312023-02-14 08:301.8301.6081.2833,6973,624EPS +13.8% · sales +2.0%vs 2021Q4, year-ago quarter · EPS +17.3% · sales +5.9%15 EPS · 12 sales-

Annual earnings

2025FY EPS 11.990 beat 11.841, from 10.210 a year earlier. Sales 17,174 missed 17,277, from 16,662 a year earlier
EPS
11.99002018FY EPS 4.380 against 4.36020182019FY EPS 5.170 against 4.99420192020FY EPS 5.830 against 5.82120202021FY EPS 6.620 against 6.64120212022FY EPS 6.600 against 6.35920222023FY EPS 7.300 against 7.05320232024FY EPS 10.210 against 10.11120242025FY EPS 11.990 against 11.8412025
Sales, USD millions
17,27702018FY sales 10,194 against 10,19520182019FY sales 11,094 against 10,97920192020FY sales 12,297 against 12,43520202021FY sales 13,737 against 13,76020212022FY sales 14,396 against 14,32120222023FY sales 15,438 against 15,26620232024FY sales 16,662 against 16,43020242025FY sales 17,174 against 17,2772025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2030FYestimate-14.750--20,7498.88
2029FYestimate-13.600--19,9479.63
2028FYestimate-12.928--19,39610.13
2027FYestimate-11.831--18,52211.07
2026FYestimate-12.612--18,11610.39
2025FY11.99011.84111.14017,17417,27715.05
2024FY10.21010.1119.22116,66216,43014.11
2023FY7.3007.0531.44215,43815,26614.83
2022FY6.6006.3594.96414,39614,32115.94
2021FY6.6206.6415.26613,73713,76013.43
2020FY5.8305.8214.36112,29712,43518.03
2019FY5.1704.9944.60011,09410,97918.93
2018FY4.3804.3603.79710,19410,19512.04
2017FY3.7203.7112.37710,17010,22717.36
2016FY3.5103.5572.3507,0437,03614.57
2015FY2.8902.7593.5675,0865,07445.33
2014FY2.5602.317-4.3605,0635,09651.18
2013FY0.9800.9261.9405,7725,733133.68
2012FY4.2254.1674.22511,17311,20131.01
2011FY3.6762.7660.49410,58710,77635.64
2010FY4.1433.9784.47211,11711,09631.63

Quarterly results

2026Q3 revenue 4,630, from 4,469 a year earlier. Operating margin 12.1%, from 12.0% a year earlier
Revenue, USD millions
4,63002024Q4 revenue 4,36524Q42025Q1 revenue 4,24525Q12025Q2 revenue 4,25325Q22025Q3 revenue 4,46925Q32025Q4 revenue 4,20725Q42026Q1 revenue 4,40026Q12026Q2 revenue 4,55826Q22026Q3 revenue 4,63026Q3
Operating margin
13.302024Q4 operating margin 9.5%24Q42025Q1 operating margin 12.4%25Q12025Q2 operating margin 13.3%25Q22025Q3 operating margin 12.0%25Q32025Q4 operating margin 11.2%25Q42026Q1 operating margin 12.2%26Q12026Q2 operating margin 11.7%26Q22026Q3 operating margin 12.1%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 12.61 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYEper share2026-11-0612.61+0.2%
2026Q4Eper share2026-11-062.72-0.5%
2026FYSUSD millions2026-11-0618,116-0.1%
2026Q4SUSD millions2026-11-064,526-0.2%
2026FYRper share2026-11-0511.03+0.0%
2026Q4Rper share2026-11-052.56-1.8%
2026Q3Eper share2026-10-273.03+0.0%
2026Q3Rper share2026-10-272.79+0.1%
2026Q3SUSD millions2026-10-274,7140.0%
2026Q2Eper share2026-07-272.91+0.6%
2026Q2Rper share2026-07-272.65+0.2%
2026Q2SUSD millions2026-07-274,437+0.0%
2026Q1SUSD millions2026-05-054,2780.0%
2026Q1Eper share2026-05-032.900.0%
2026Q1Rper share2026-05-032.730.0%
2025FYEper share2026-02-1711.83-0.1%
2025Q4Eper share2026-02-172.59-0.6%
2025FYRper share2026-02-1711.07+0.2%
2025Q4Rper share2026-02-172.46+0.7%
2025FYSUSD millions2026-02-1717,263-0.1%
2025Q4SUSD millions2026-02-174,288-0.4%
2025Q3SUSD millions2025-10-314,2770.0%
2025Q3Eper share2025-10-292.71+0.3%
2025Q3Rper share2025-10-292.57+0.6%
2025Q2Eper share2025-07-302.66+0.4%
2025Q2SUSD millions2025-07-304,2340.0%
2025Q2Rper share2025-07-292.50+0.2%
2025Q1Eper share2025-05-032.500.0%
2025Q1SUSD millions2025-05-034,0930.0%
2025Q1Rper share2025-05-022.34+0.1%
2024FYEper share2025-02-0710.11+0.0%
2024Q4Eper share2025-02-072.27+0.1%
2024FYRper share2025-02-079.19+0.1%
2024Q4Rper share2025-02-072.07+0.4%
2024FYSUSD millions2025-02-0716,430+0.0%
2024Q4SUSD millions2025-02-074,133+0.0%
2024Q3Eper share2024-10-212.010.0%
2024Q3Rper share2024-10-211.790.0%
2024Q3SUSD millions2024-10-154,060-0.1%
2024Q2Eper share2024-07-212.270.0%
2024Q2Rper share2024-07-212.080.0%
2024Q2SUSD millions2024-07-214,0630.0%
2024Q1Eper share2024-04-291.70+0.1%
2024Q1Rper share2024-04-291.440.0%
2024Q1SUSD millions2024-04-293,8180.0%
2023FYEper share2024-01-307.050.0%
2023FYSUSD millions2024-01-1715,2660.0%
2023FYRper share2024-01-161.320.0%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share2.3773.7974.64.3615.2664.9641.4429.22111.13911.1869-
Sales USD millions10,17010,19411,09412,29713,73714,39615,43816,66217,17417,795-
Shares million shares151146141142140137136131126-122
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share2.6772.1192.7713.0082.8232.5352.5632.813.28
Sales USD millions4,1904,3654,2454,2534,4694,2074,4004,5584,630
Shares million shares133131129128128126126125122

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue17,795.0017,174.00+3.1%16,662.00+7.9%15,438.00+7.2%14,396.00+4.8%13,737.00+11.7%12,297.00+10.8%11,094.00+8.8%10,194.00
Cost of Goods Sold Incl. D&A14,658.0014,075.00+1.5%13,864.00+5.1%13,194.00+7.2%12,312.00+5.0%11,723.00+11.0%10,560.00+10.6%9,546.00+9.9%8,690.00
Gross Profit3,137.003,099.00+10.8%2,798.00+24.7%2,244.00+7.7%2,084.00+3.5%2,014.00+15.9%1,737.00+12.2%1,548.00+2.9%1,504.00
Selling, General and Administrative Excl. Other1,034.00999.00+1.6%983.00+4.4%942.00-0.8%950.00+11.6%851.00+21.2%702.00+8.2%649.00-11.0%729.00
Research and Development-187.00+24.7%150.00+17.2%128.00+10.3%116.00+6.4%109.00+49.3%73.00+49.0%49.00+6.5%46.00
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income2,103.002,100.00+15.7%1,815.00+39.4%1,302.00+14.8%1,134.00-2.5%1,163.00+12.4%1,035.00+15.1%899.00+16.0%775.00
Interest Expense239.00199.00+9.3%182.00-7.6%197.00+4.8%188.00-7.8%204.00+4.1%196.00+40.0%140.00+0.7%139.00
Unusual Expense83.0023.00-14.8%27.00-96.2%711.00+1125.9%58.00+87.1%31.00-64.4%87.00+1640.0%5.00-88.6%44.00
Net Income Before Taxes1,791.001,909.00+16.5%1,639.00+306.7%403.00-54.5%886.00-8.4%967.00+23.8%781.00-9.8%866.00+42.0%610.00
Income Taxes352.00447.00+15.2%388.00+99.0%195.00+1.0%193.00-7.2%208.00+36.8%152.00-22.4%196.00+600.0%28.00
Consolidated Net Income1,439.001,462.00+16.9%1,251.00+501.4%208.00-70.0%693.00-8.7%759.00+20.7%629.00-6.1%670.00+15.1%582.00
Net Income From Continuing Operations1,419.001,448.00+15.5%1,254.00+530.2%199.00-70.9%685.00-9.0%753.00+19.9%628.00-5.8%667.00+14.8%581.00
Net Income1,419.001,448.00+15.5%1,254.00+530.2%199.00-70.9%685.00-9.0%753.00+19.9%628.00-5.8%667.00+14.8%581.00
EPS (Recurring) per share11.8211.26+20.3%9.36+85.3%5.05-4.0%5.26-3.0%5.42+13.4%4.78+3.5%4.62+15.5%4.00
EPS (Basic, Before Extraordinaries) per share11.2911.31+20.8%9.36+545.5%1.45-71.0%5.00-6.4%5.34+20.8%4.42-5.2%4.66+21.0%3.85
EPS (Diluted) per share11.1911.14+20.8%9.22+540.3%1.44-71.0%4.96-5.9%5.27+20.9%4.36-5.2%4.60+21.1%3.80
EBITDA2,407.002,390.00+13.5%2,105.00+28.9%1,633.00+11.3%1,467.00-1.4%1,488.00+13.0%1,317.00+16.2%1,133.00+9.8%1,032.00
Non-Operating Income (Expense)10.0031.00-6.1%33.00+266.7%9.00-2.00-105.1%39.00+34.5%29.00-74.1%112.00+522.2%18.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense82.5377.00+13.2%68.00+13.3%60.00+5.3%57.00+14.0%50.00+6.4%47.00+20.5%39.00+18.2%33.00
Price To Earnings Ratio ratio statement ratio, not the snapshot11.7211.7216.41103.6721.5216.8924.1021.3513.83
Price To Sales Ratio ratio0.831.391.200.971.010.931.231.300.79
Gross Margin %17.6318.0416.7914.5414.4814.6614.1313.9514.75
Operating Margin %11.8212.2310.898.437.888.478.428.107.60
Net Margin %7.978.437.531.294.765.485.116.015.70
Shares Outstanding million shares122.00126.38-3.6%131.16-3.4%135.77-0.9%137.00-2.1%140.00-1.4%142.00+0.7%141.00-3.4%146.00
Market Capitalization15,994.7615,994.76-16.8%19,222.36+29.2%14,883.65+3.5%14,378.42+15.2%12,476.14-16.6%14,960.78+8.0%13,857.70+75.5%7,895.35

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue4,630.00+3.6%4,558.00+7.2%4,400.00+3.7%4,207.00-3.6%4,469.00+6.7%4,253.00+2.9%4,245.00+6.8%4,365.00+9.7%
Cost of Goods Sold Incl. D&A3,810.00+4.4%3,741.00+7.8%3,639.00+4.3%3,468.00-5.6%3,648.00+6.4%3,471.00+1.3%3,488.00+4.5%3,672.00+8.5%
Gross Profit820.00-0.1%817.00+4.5%761.00+0.5%739.00+6.6%821.00+7.7%782.00+10.9%757.00+18.7%693.00+16.5%
Selling, General and Administrative Excl. Other262.00-8.4%283.00+30.4%223.00-3.0%266.00-4.7%286.00+15.8%217.00-6.1%230.00+1.8%279.00+19.7%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income558.00+4.3%534.00-5.5%538.00+2.1%473.00+14.3%535.00+3.9%565.00+19.2%527.00+27.9%414.00+14.4%
Interest Expense67.00+34.0%69.00+30.2%55.00+14.6%48.00+6.7%50.00+2.0%53.00+10.4%48.00+4.3%45.00-2.2%
Unusual Expense12.00+50.0%27.00+1250.0%35.00+775.0%9.00+28.6%8.00-11.1%2.00-71.4%4.000.0%7.00-30.0%
Net Income Before Taxes482.00-0.4%451.00-12.9%429.00-10.3%429.00+14.4%484.00+3.0%518.00+21.6%478.00+29.9%375.00+21.0%
Income Taxes69.00-40.0%95.00-24.0%94.00-16.8%94.00+1.1%115.00+6.5%125.00+22.5%113.00+32.9%93.00+16.3%
Consolidated Net Income413.00+11.9%356.00-9.4%335.00-8.2%335.00+18.8%369.00+1.9%393.00+21.3%365.00+29.0%282.00+22.6%
Net Income From Continuing Operations410.00+11.7%354.00-9.5%328.00-9.6%327.00+15.1%367.00+0.8%391.00+21.4%363.00+27.8%284.00+24.0%
Net Income410.00+11.7%354.00-9.5%328.00-9.6%327.00+15.1%367.00+0.8%391.00+21.4%363.00+27.8%284.00+24.0%
EPS (Recurring) per share3.35+16.7%2.96-2.0%2.75-1.4%2.58+19.4%2.87+5.5%3.02+25.8%2.79+33.5%2.16+26.3%
EPS (Basic, Before Extraordinaries) per share3.31+15.3%2.81-7.3%2.60-6.8%2.57+20.1%2.87+5.5%3.03+26.8%2.79+33.5%2.14+28.1%
EPS (Diluted) per share3.28+16.3%2.81-6.6%2.56-7.6%2.53+19.3%2.82+5.2%3.01+27.0%2.77+33.8%2.12+27.7%
EBITDA634.00+4.1%615.00-3.5%610.00+2.3%548.00+11.2%609.00+3.9%637.00+16.9%596.00+23.9%493.00+10.8%
Non-Operating Income (Expense)3.00-57.1%13.00+62.5%-19.00-733.3%13.000.0%7.00-46.2%8.00+14.3%3.00-50.0%13.00+225.0%
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense22.12+7.7%20.54+4.0%19.75+19.0%20.12-2.0%20.54+36.8%19.75+25.0%16.59+5.0%20.54+30.0%
Price To Earnings Ratio ratio statement ratio, not the snapshot11.729.4213.9616.8317.8715.8814.6116.41
Price To Sales Ratio ratio0.830.781.171.381.471.251.031.18
Gross Margin %17.7117.9217.3017.5718.3718.3917.8315.88
Operating Margin %12.0511.7212.2311.2411.9713.2812.419.48
Net Margin %8.867.777.457.778.219.198.556.51
Shares Outstanding million shares122.00-4.6%125.49-2.2%125.78-2.3%126.38-3.6%127.85-4.1%128.30-4.8%128.72-4.7%131.16-3.4%
Market Capitalization15,994.76-34.0%12,952.08-36.2%19,656.64+13.6%23,065.04+20.0%24,243.00+10.4%20,306.71+3.0%17,301.20-2.8%19,222.36+29.2%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments1,204.00+21.5%991.00+6.8%928.00+35.9%683.00-21.9%875.00+27.4%687.00-4.2%717.00+94.3%369.00-12.6%422.00
Short Term Receivables2,708.00+2.4%2,645.00+8.9%2,429.00+3.4%2,350.00+7.4%2,189.00+2.4%2,137.00+23.2%1,734.00-7.6%1,877.00+2.5%1,831.00
Inventories342.00+8.6%315.00+1.6%310.00+8.0%287.00+4.7%274.00-0.7%276.000.000.000.00
Other Current Assets560.00+46.2%383.00+61.6%237.00+24.1%191.00+15.1%166.00+29.7%128.00-50.2%257.00-36.9%407.00+50.7%270.00
Total Current Assets4,814.00+11.1%4,334.00+11.0%3,904.00+11.2%3,511.00+0.2%3,504.00+8.6%3,228.00+19.2%2,708.00+2.1%2,653.00+5.2%2,523.00
Net Property, Plant & Equipment1,487.00-4.1%1,551.00+5.3%1,473.00+5.8%1,392.00+8.6%1,282.00+8.2%1,185.00+72.5%687.00+189.9%237.00+2.2%232.00
Total Investments and Advances0.00-100.0%4.00-63.6%11.00-71.1%38.00+52.0%25.00+66.7%15.00-28.6%21.00-19.2%26.00-64.9%74.00
Long-Term Note Receivable--------23.00
Intangible Assets6,800.00+3.0%6,601.00-2.6%6,779.00-11.4%7,648.00-3.4%7,921.00+5.2%7,529.00+38.3%5,442.00-1.3%5,512.00-5.5%5,830.00
Deferred Tax Assets48.00-76.4%203.00----291.00+31.1%222.00+13.8%195.00
Other Assets344.00+8.5%317.00-40.0%528.00+9.5%482.00-8.9%529.00-4.5%554.00+8.8%509.00+48.8%342.00+3.3%331.00
Total Assets13,493.00+3.7%13,010.00+2.5%12,695.00-2.9%13,071.00-1.4%13,261.00+6.0%12,511.00+29.5%9,658.00+7.4%8,992.00-2.1%9,185.00
Short Term Debt Incl. Current Port. of LT Debt127.00-82.9%741.00+381.2%154.00-86.3%1,122.00+80.1%623.00+174.4%227.00+17.6%193.00+168.1%72.00+30.9%55.00
Accounts Payable627.00+2.6%611.00-17.0%736.00+0.4%733.00+5.9%692.00-5.3%731.00+23.5%592.00+8.2%547.00-1.8%557.00
Income Tax Payable-21.00+600.0%3.00-97.8%135.00+365.5%29.00+38.1%21.00+10.5%19.00+533.3%3.00-25.0%4.00
Other Current Liabilities2,073.00-6.1%2,208.00+5.3%2,097.00+7.2%1,957.00+3.8%1,885.00-2.2%1,928.00+26.1%1,529.00+6.4%1,437.00-9.4%1,586.00
Total Current Liabilities2,827.00-20.6%3,560.00+19.1%2,990.00-24.2%3,947.00+22.2%3,229.00+11.1%2,907.00+24.6%2,333.00+13.3%2,059.00-6.5%2,202.00
Long Term Debt5,215.00+11.6%4,673.00-9.8%5,180.00+15.2%4,498.00-13.2%5,182.00-0.5%5,208.00+60.2%3,251.00+6.5%3,052.00-0.1%3,056.00
Provision for Risks Charges25.000.00-100.0%114.00+23.9%92.00+4500.0%2.00-50.0%4.00-20.0%5.000.000.00
Deferred Tax Liabilities221.00+10950.0%2.00-33.3%3.00-92.5%40.00-83.3%239.00+2.1%234.00-50.8%476.00+20.5%395.00-6.8%424.00
Other Liabilities243.00-22.9%315.00+110.0%150.00+6.4%141.00-46.8%265.00-7.7%287.00+63.1%176.00+0.6%175.00+45.8%120.00
Total Liabilities8,531.00-0.2%8,550.00+1.3%8,437.00-3.2%8,718.00-2.2%8,917.00+3.2%8,640.00+38.4%6,241.00+9.9%5,681.00-2.1%5,802.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity4,916.00+11.4%4,412.00+5.0%4,201.00-2.3%4,299.00+0.2%4,291.00+11.1%3,862.00+13.2%3,413.00+3.2%3,308.00-1.8%3,370.00
Total Shareholders Equity4,916.00+11.4%4,412.00+5.0%4,201.00-2.3%4,299.00+0.2%4,291.00+11.1%3,862.00+13.2%3,413.00+3.2%3,308.00-1.8%3,370.00
Accumulated Minority Interest46.00-4.2%48.00-15.8%57.00+5.6%54.00+1.9%53.00+488.9%9.00+125.0%4.00+33.3%3.00-76.9%13.00
Total Equity4,962.00+11.3%4,460.00+4.7%4,258.00-2.2%4,353.00+0.2%4,344.00+12.2%3,871.00+13.3%3,417.00+3.2%3,311.00-2.1%3,383.00
Total Liabilities & Stockholders Equity13,493.00+3.7%13,010.00+2.5%12,695.00-2.9%13,071.00-1.4%13,261.00+6.0%12,511.00+29.5%9,658.00+7.4%8,992.00-2.1%9,185.00
Book Value Per Share per share38.90+15.6%33.64+8.7%30.94-1.4%31.38+2.4%30.65+12.7%27.20+12.4%24.21+6.8%22.66+1.5%22.32
Tangible Book Value Per Share per share-14.91-16.69-18.99-24.45-25.93-25.82-14.39-15.10-16.29
Full-Time Employees people47,000-2.1%48,000+2.1%47,000+4.4%45,000+4.7%43,000+10.3%39,000+14.7%34,000+6.3%32,000+3.2%31,000
Price to Book Ratio ratio3.094.163.593.532.903.874.042.332.96
Return on Assets %10.899.761.545.205.845.677.156.394.00
Return on Equity %31.0529.124.6815.9518.4717.2619.8517.4011.25
Return on Invested Capital %14.2913.802.127.797.956.9210.019.145.70
Quick Ratio ratio1.581.131.200.821.001.021.161.291.15
Current Ratio ratio1.701.221.310.891.091.111.161.291.15

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income1,439.001,462.00+16.9%1,251.00+501.4%208.00-70.0%693.00-8.7%759.00+20.7%629.00-6.1%670.00+15.1%582.00
Depreciation304.00290.000.0%290.00-12.4%331.00-0.6%333.00+2.5%325.00+15.2%282.00+20.5%234.00-8.9%257.00
Other Funds (Non Cash)156.00109.00-22.1%140.00-82.3%792.00+469.8%139.00+117.2%64.00-48.4%124.00-21.00-134.4%61.00
Funds from Operations1,993.002,230.00+40.9%1,583.00+29.5%1,222.00+28.1%954.00-15.0%1,122.00+8.8%1,031.00+14.4%901.00+0.1%900.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital119.00-480.00-148.00-57.00-278.1%32.00-91.00-130.0%303.00+233.0%91.00-140.00
Cash from Operating Activities2,112.001,750.00+22.0%1,435.00+23.2%1,165.00+18.2%986.00-4.4%1,031.00-22.7%1,334.00+34.5%992.00+30.5%760.00
Capital Expenditures-153.00-125.00-149.00-207.00-129.00-104.00-183.00-121.00-73.00
Net Assets From Acquisitions-2,355.00-309.00-6.00-15.00-199.00-622.00-2,655.00-94.00-89.00
Sale of Fixed Assets and Businesses17.009.000.00-100.0%2.00-90.5%21.00-48.8%41.00+241.7%12.00-95.6%274.000.00
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses-5.000.000.000.00-13.00-4.000.000.000.00
Other Sources2.004.00-42.9%7.000.000.000.00-100.0%11.00+83.3%6.00-85.0%40.00
Cash from Investing Activities-2,494.00-421.00-148.00-220.00-320.00-689.00-2,815.00-4430.8%65.00-122.00
Cash Dividends Paid-217.00-211.00-208.00-201.00-199.00-199.00-196.00-198.00-198.00
Change in Capital Stock-1,062.00-882.00-851.00-196.00-494.00-226.00-70.00-431.00-424.00
Repurchase of Common Pref Stock-1,124.00-944.00-906.00-246.00-542.00-270.00-105.00-458.00-438.00
Sale of Common Pref Stock62.0062.00+12.7%55.00+10.0%50.00+4.2%48.00+9.1%44.00+25.7%35.00+29.6%27.00+92.9%14.00
Proceedsfrom Stock Options62.0062.00+12.7%55.00+10.0%50.00+4.2%48.00+9.1%44.00+25.7%35.00+29.6%27.00+92.9%14.00
Issuance or Reduction of Debt, Net1,362.00-29.00-18.00-309.00-165.00-160.2%274.00-84.1%1,718.00-80.00-45.00
Change in Long Term Debt1,362.00-29.00-18.00-309.00-165.00-160.2%274.00-84.1%1,718.00-80.00-45.00
Issuance of Long Term Debt1,382.00990.000.00-100.0%1,736.00+356.8%380.000.0%380.00-94.7%7,174.000.00-100.0%14.00
Reduction of Long Term Debt-20.00-1,019.00-18.00-2,045.00-545.00-106.00-5,456.00-80.00-59.00
Net Financing Active Other Cash Flow-3.00-7.00-1.000.000.00-3.00-1.000.00-24.00
Other Financing Activities Uses-3.00-7.00-1.000.000.00-3.00-1.000.00-24.00
Cash from Financing Activities80.00-1,129.00-1,078.00-706.00-858.00-154.00-110.6%1,451.00-709.00-691.00
Exchange Rate Effect-21.0013.00-10.00-266.7%6.00-----
Net Change in Cash-323.00213.00+7.0%199.00-18.8%245.00-192.00-202.1%188.00-30.00-108.6%348.00-53.00
Free Cash Flow1,959.001,625.00+26.4%1,286.00+34.2%958.00+11.8%857.00-7.6%927.00-19.5%1,151.00+32.1%871.00+26.8%687.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio8.4516.8718.5619.7322.0617.4615.8521.4316.40
Deferred Taxes & Investment Tax Credit-369.00-98.00-109.00-211.00-26.00-4.00-122.2%18.000.00

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments774.00-29.4%830.00-18.6%538.00-41.8%1,204.00+11.1%1,097.00-17.3%1,020.00+8.4%924.00+23.7%1,084.00+16.8%
Short Term Receivables2,944.00-0.9%2,968.00+1.8%3,028.00+4.2%2,708.00+2.4%2,970.00+9.8%2,915.00+11.5%2,906.00+7.1%2,645.00+8.9%
Inventories90.00-75.0%94.00-74.2%336.00-3.2%342.00+8.6%360.00+11.5%364.00+9.3%347.00+9.1%315.00+1.6%
Other Current Assets1,272.00+201.4%1,354.00+180.9%501.00+34.7%560.00+92.4%422.00+36.1%482.00+41.8%372.000.0%291.00+22.8%
Total Current Assets5,080.00+4.8%5,246.00+9.7%4,403.00-3.2%4,814.00+11.0%4,849.00+3.9%4,781.00+13.1%4,549.00+9.6%4,335.00+11.0%
Net Property, Plant & Equipment1,388.00-5.9%1,391.00-7.8%1,519.00+0.1%1,487.00-4.1%1,475.00+1.7%1,508.00+3.0%1,518.00+3.6%1,551.00+5.3%
Total Investments and Advances0.000.000.000.00-100.0%0.000.00-100.0%0.00-100.0%4.00-63.6%
Intangible Assets8,604.00+25.8%8,606.00+25.2%9,087.00+38.0%6,800.00+3.0%6,838.00+2.3%6,874.00+2.7%6,587.00-2.1%6,601.00-2.6%
Deferred Tax Assets--35.0048.0032.00---
Other Assets394.00+13.2%389.00+0.8%343.00-36.8%344.00-43.9%348.00-35.7%386.00-24.5%543.00+17.8%613.00+16.1%
Total Assets15,466.00+14.2%15,632.00+15.4%15,387.00+16.6%13,493.00+3.0%13,542.00+1.5%13,549.00+5.0%13,197.00+3.0%13,104.00+3.2%
Short Term Debt Incl. Current Port. of LT Debt18.00-5.3%22.00-81.5%320.00+168.9%127.00-82.9%19.00-96.8%119.00-79.0%119.00+176.7%741.00+381.2%
Accounts Payable1,764.00+0.1%1,821.00+5.3%1,734.00-4.2%627.00-11.1%1,762.00-8.9%1,729.00-10.8%1,810.00-4.1%705.00-4.2%
Income Tax Payable-------21.00+600.0%
Other Current Liabilities1,395.00+15.8%1,377.00+25.2%1,098.00+6.4%2,073.00-5.2%1,205.00-4.1%1,100.00+10.1%1,032.00-10.6%2,187.00+4.3%
Total Current Liabilities3,177.00+6.4%3,220.00+9.2%3,152.00+6.5%2,827.00-22.6%2,986.00-21.0%2,948.00-15.9%2,961.00-4.0%3,654.00+22.2%
Long Term Debt6,546.00+25.6%6,556.00+17.4%6,624.00+17.9%5,215.00+11.6%5,210.00+14.6%5,583.00+21.5%5,617.00+9.5%4,673.00-9.8%
Provision for Risks Charges0.000.000.0025.00-84.6%0.000.000.00162.00+42.1%
Deferred Tax Liabilities--280.00221.00+10950.0%122.00--2.00-33.3%
Other Liabilities518.00+91.9%520.00+67.2%267.00-15.8%243.00+58.8%270.00-20.8%311.00+4.0%317.00+9.7%153.00+2.0%
Total Liabilities10,241.00+19.2%10,296.00+16.4%10,323.00+16.1%8,531.00-1.3%8,588.00-1.0%8,842.00+5.3%8,895.00+4.6%8,644.00+2.5%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity5,172.00+5.4%5,284.00+13.3%5,013.00+17.8%4,916.00+11.4%4,909.00+6.4%4,662.00+4.6%4,257.000.0%4,412.00+5.0%
Total Shareholders Equity5,172.00+5.4%5,284.00+13.3%5,013.00+17.8%4,916.00+11.4%4,909.00+6.4%4,662.00+4.6%4,257.000.0%4,412.00+5.0%
Accumulated Minority Interest53.00+17.8%52.00+15.6%51.00+13.3%46.00-4.2%45.00-15.1%45.00-18.2%45.00-18.2%48.00-15.8%
Total Equity5,225.00+5.5%5,336.00+13.4%5,064.00+17.7%4,962.00+11.3%4,954.00+6.1%4,707.00+4.4%4,302.00-0.3%4,460.00+4.7%
Total Liabilities & Stockholders Equity15,466.00+14.2%15,632.00+15.4%15,387.00+16.6%13,493.00+3.0%13,542.00+1.5%13,549.00+5.0%13,197.00+3.0%13,104.00+3.2%
Book Value Per Share per share42.39+10.4%42.11+15.9%39.85+20.5%38.90+15.6%38.40+11.0%36.34+9.9%33.07+4.9%33.64+8.7%
Tangible Book Value Per Share per share-28.13-26.47-32.39-14.91-15.09-17.24-18.10-16.69
Full-Time Employees people---47,000-2.1%---48,000+2.1%
Price to Book Ratio ratio3.092.584.004.705.204.774.014.16
Return on Assets %9.789.439.8910.8910.4510.6010.259.72
Return on Equity %28.1527.6730.4931.0529.5130.7631.3129.12
Return on Invested Capital %3.502.992.823.233.633.823.683.13
Quick Ratio ratio1.571.601.291.581.501.501.421.10
Current Ratio ratio1.601.631.401.701.621.621.541.19

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income413.00+11.9%356.00-9.4%335.00-8.2%335.00+18.8%369.00+1.9%393.00+21.3%365.00+29.0%282.00+22.6%
Depreciation76.00+2.7%81.00+12.5%72.00+4.3%75.00-5.1%74.00+4.2%72.00+1.4%69.000.0%79.00-4.8%
Other Funds (Non Cash)41.00+24.2%27.00+3.8%58.00+190.0%30.00-57.1%33.00+17.9%26.00-7.1%20.00+42.9%70.00+204.3%
Funds from Operations545.00-3.4%470.00-34.3%457.00+6.3%521.00+21.4%564.00+30.6%715.00+87.7%430.00+26.1%429.00+2.4%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital-22.00-115.0%323.00-156.00-26.00147.00-34.4%-229.00-372.00-130.00
Cash from Operating Activities523.00-26.4%793.00+63.2%301.00+419.0%495.00+65.6%711.00+8.4%486.00+29.9%58.00-7.9%299.00-1.6%
Capital Expenditures-47.00-32.00-31.00-43.00-31.00-29.00-22.00-86.00
Net Assets From Acquisitions0.000.00-2,338.00-17.00-7.00-285.000.00-6.00
Sale of Fixed Assets and Businesses0.004.004.009.000.000.00-100.0%0.000.00-100.0%
Purchase or Sale of Investments0.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.00
Other Uses-1.00-4.000.000.000.000.000.000.00
Other Sources0.00-100.0%-6.006.002.002.000.000.00-100.0%0.00
Cash from Investing Activities-48.00-38.00-2,359.00-49.00-36.00-314.00-22.00-92.00
Cash Dividends Paid-52.00-55.00-55.00-55.00-51.00-52.00-53.00-53.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock-490.00-55.00-885.7%-227.00-290.00-86.007.00-513.00-379.00
Repurchase of Common Pref Stock-504.00-72.00-243.00-305.00-102.00-9.00-528.00-406.00
Sale of Common Pref Stock14.00-12.5%17.00+6.3%16.00+6.7%15.00-44.4%16.00+700.0%16.00+23.1%15.00+15.4%27.00+107.7%
Proceedsfrom Stock Options14.00-12.5%17.00+6.3%16.00+6.7%15.00-44.4%16.00+700.0%16.00+23.1%15.00+15.4%27.00+107.7%
Issuance or Reduction of Debt, Net-5.00-305.001,677.00+263.8%-5.00-455.00-30.00461.00-4.00
Change in Long Term Debt-5.00-305.001,677.00+263.8%-5.00-455.00-30.00461.00-4.00
Issuance of Long Term Debt0.00-300.001,682.00+69.9%0.000.000.00990.000.00
Reduction of Long Term Debt-5.00-5.00-5.00-5.00-455.00-30.00-529.00-4.00
Net Financing Active Other Cash Flow-2.00-8.00-2.009.00+350.0%-3.00-8.00-5.002.00-75.0%
Other Financing Activities Uses-2.00-8.00-2.009.00+350.0%-3.00-8.00-5.002.00-75.0%
Cash from Financing Activities-549.00-423.001,393.00-341.00-595.00-83.00-110.00-434.00
Exchange Rate Effect18.00-40.00-671.4%-1.00-114.3%2.00-3.00-133.3%7.007.00-15.00-350.0%
Net Change in Cash-56.00-172.7%292.00+204.2%-666.00107.0077.00-80.0%96.00-50.5%-67.00-242.00
Free Cash Flow476.00-30.0%761.00+66.5%270.00+650.0%452.00+112.2%680.00+7.4%457.00+30.2%36.00-21.7%213.00-5.8%
Price to Free Cash Flow ratio8.457.0412.3516.7421.6018.9317.0219.05

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Region
Name20242025vs 20242025 share
Consolidation, Policy86.0067.00-22.1%0.4%
Non-US1,370.001,404.00+2.5%8.2%
United States15,206.0015,703.00+3.3%91.4%
Total16,662.0017,174.00+3.1%100.0%
Segment
Name20242025vs 20242025 share
Commercial and International2,248.002,312.00+2.8%13.5%
Consolidation, Policy86.0067.00-22.1%0.4%
Defense Systems2,030.002,179.00+7.3%12.7%
Health and Civil4,994.005,053.00+1.2%29.4%
National Security and Digital7,304.007,563.00+3.5%44.0%
Total16,662.0017,174.00+3.1%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-303.23%3.9M121.1M1.26M
2026-10-153.49%4.4M124.6M1.35M
2026-09-303.84%4.8M124.5M1.40M
2026-09-154.21%5.2M124.5M1.60M
2026-08-312.91%3.6M124.5M1.61M
2026-08-143.37%4.2M124.5M1.66M
2026-07-314.18%5.2M124.4M1.62M
2026-07-155.14%6.4M124.7M1.52M
2026-06-304.63%5.8M124.7M1.41M
2026-06-153.51%4.4M124.7M1.20M
2026-05-293.80%4.7M124.7M1.18M
2026-05-153.56%4.4M124.7M1.22M
2026-04-302.65%3.3M124.7M1.10M
2026-04-152.79%3.5M124.9M1.10M
2026-03-312.91%3.6M124.9M1.14M
2026-03-133.00%3.8M125.4M1.05M
2026-02-272.40%3.0M125.4M977.71K
2026-02-132.19%2.7M125.4M872.21K
2026-01-302.12%2.7M126.8M858.50K
2026-01-151.92%2.4M126.9M842.89K

Option chain

Expiry 2026-11-20 · underlying 131.01, quoted 13 Nov 07:00 ET · ATM 130

Option quotes 12 Nov 15:03 ET. A date on a row is older than the last session (12 Nov). 57 rows.

Implied move 4.77% into expiry (call 3.950 + put 2.300 = 6.250 on 131.01)

Put/call open interest 0.40 (1,028 puts / 2,574 calls) · Put/call volume 0.20 (13 puts / 65 calls)

IV change is points against the prior close.

TypeStrikeMoneyBidAskLastChgIVOpen intVolumeLast sizeDeltaThetaVega
call 1 Jan60.00ITM69.9073.000.000.00387.2% +105.70000.982-0.1520.008
put 1 JanOTM0.003.400.000.00281.3% 0.0100-0.018-0.1500.008
call 1 Jan65.00ITM64.9067.700.000.00338.7% +83.40000.980-0.1510.009
put 22 JulOTM0.003.400.750.00250.0% 0.01100-0.018-0.1340.008
call 1 Jan70.00ITM59.8063.100.000.00326.4% +95.10000.978-0.1490.010
put 9 JulOTM0.003.400.750.00231.2% 0.0300-0.022-0.1460.010
call 12 Jun75.00ITM54.8058.1048.500.00295.7% +86.91000.976-0.1470.011
put 13 AugOTM0.002.550.100.00208.7% 0.02400-0.024-0.1430.011
call 16 Jun80.00ITM49.8052.3038.160.00234.9% +47.30000.973-0.1450.012
put 8 SepOTM0.000.750.500.00187.7% 0.012600-0.026-0.1400.012
call 1 Jan85.00ITM44.8047.400.000.00215.1% +47.50000.970-0.1420.013
put 24 JulOTM0.002.001.650.00167.6% 0.0200-0.029-0.1370.013
call 1 Jan90.00ITM39.8042.500.000.00195.8% +47.20000.967-0.1390.014
put 21 OctOTM0.002.200.090.00148.7% 0.01400-0.033-0.1340.014
call 4 Aug95.00ITM35.0037.4034.900.00169.8% +39.30000.962-0.1350.016
put 22 OctOTM0.001.550.230.00130.5% 0.05100-0.037-0.1300.016
call 22 Oct100ITM30.0032.4031.750.00147.9% +34.87000.957-0.1310.017
put 26 OctOTM0.001.550.100.00113.0% 0.05100-0.043-0.1250.017
call 7 Aug105ITM25.0027.4031.500.00127.7% +31.79000.950-0.1260.020
put 30 OctOTM0.000.750.190.0096.0% 0.05000-0.049-0.1190.020
call 5 Nov110ITM20.8022.5026.800.00110.2% +30.663000.941-0.1210.022
putOTM0.000.400.95+0.9079.5% 0.05211-0.058-0.1130.022
call 3 Nov115ITM15.1017.9021.150.0098.7% +24.026000.895-0.1730.035
put 10 NovOTM0.000.750.380.0074.7% 0.07600-0.104-0.1650.035
call 30 Oct120ITM10.4012.9023.000.0077.2% +19.155000.861-0.1640.042
putOTM0.000.750.30+0.1256.6% -1.510085-0.138-0.1560.042
call125ITM6.608.107.31-1.8957.8% +8.743310.760-0.1940.060
put 11 NovOTM0.651.200.650.0046.1% -3.19400-0.240-0.1850.060
call130ATM3.504.403.20-4.0549.7% +4.2122210.566-0.2240.076
putATM1.952.652.45+0.8042.1% -3.48331-0.432-0.2150.076
call135OTM1.302.051.42-3.1846.9% -1.7111110.357-0.2250.072
putITM4.606.205.30+2.9751.4% +2.93311-0.644-0.2150.072
call140OTM0.450.850.60-2.0746.8% -2.25645210.192-0.1660.052
put 9 NovITM8.2010.407.900.0060.1% +11.26800-0.808-0.1550.052
call145OTM0.150.800.25-0.2560.7% 0.0432110.140-0.1670.043
put 4 NovITM12.4015.1012.700.0076.8% +16.017500-0.860-0.1560.043
call150OTM0.000.250.13-0.0756.7% 0.0579110.056-0.0780.022
put 3 NovITM17.9019.7011.000.0076.4% +20.21400-0.944-0.0660.022
call155OTM0.000.700.05-0.0566.7% 0.0279540.049-0.0830.019
put 30 JunITM22.6025.3053.850.00103.7% +37.0000-0.951-0.0700.019
call 11 Nov160OTM0.000.750.100.0076.6% 0.084000.043-0.0870.018
put 5 MayITM27.8030.3022.210.00116.6% +40.0000-0.956-0.0740.018
call 9 Nov165OTM0.002.600.340.0086.0% 0.080000.039-0.0900.016
put 10 AugITM32.5035.3026.750.00129.1% +43.2000-0.960-0.0760.016
call 5 Nov170OTM0.002.550.050.0094.9% 0.052000.036-0.0930.015
put 28 AprITM37.1040.3029.890.00140.1% +45.2000-0.963-0.0790.015
call 24 Aug175OTM0.002.551.290.00103.3% 0.017000.034-0.0950.014
put 7 MayITM42.1045.3042.300.00150.9% +47.6000-0.966-0.0810.014
call 21 Oct180OTM0.002.550.050.00111.5% 0.011000.032-0.0970.014
put 10 JulITM47.6050.3074.500.00161.8% +50.3000-0.968-0.0820.014
call 29 Jun185OTM0.002.550.230.00119.2% 0.06000.030-0.0990.013
put 1 JanITM52.8055.100.000.00165.3% +46.0000-0.970-0.0840.013
call 21 Sep190OTM0.000.750.600.00101.9% 0.08000.008-0.0280.004
put 14 AugITM57.6060.3046.000.00180.6% +78.6000-0.992-0.0110.004
call 28 Aug195OTM0.003.400.250.00108.1% 0.06000.008-0.0280.004
put 1 JanITM62.8065.300.000.00190.2% +82.1000-0.992-0.0110.004
call 27 Oct200OTM0.002.550.030.00114.0% 0.03000.007-0.0280.004
put 1 JanITM67.8070.300.000.00199.0% +84.9000-0.992-0.0110.004
call 27 Apr210OTM0.003.401.420.00125.4% 0.01000.007-0.0290.004
put 1 JanITM77.8080.100.000.00208.3% +83.0000-0.993-0.0100.004
call 16 Jun220OTM0.002.550.200.00136.0% 0.08000.006-0.0300.003
put 1 JanITM87.6090.300.000.00231.0% +95.1000-0.993-0.0100.003
call 9 Apr230OTM0.003.701.400.00146.0% 0.02000.006-0.0300.003
put 1 JanITM97.80100.30.000.00244.9% +98.9000-0.994-0.0090.003
call 18 Jun240OTM0.003.700.090.00155.6% 0.04000.006-0.0310.003
put 1 JanITM107.8110.30.000.00259.3% +103.8000-0.994-0.0090.003
call 1 Jan250OTM0.003.700.000.00164.6% 0.01000.005-0.0310.003
put 1 JanITM117.8120.30.000.00271.6% +107.0000-0.994-0.0080.003

Latest SEC filings

30 of 1,632
AllAll annual, quarterly, and current reportsInsider equity awards, transactions, and ownership (Section 16 Reports)Beneficial ownership reportsExempt offeringsRegistration statements and prospectusesFiling review correspondenceSEC orders and noticesProxy materialsTender offers and going private transactionsTrust indenture filings

10-Q filed 2026-11-03, period ended 2026-10-02. 10-K filed 2026-02-17, period ended 2026-01-02. LDOS on EDGAR

page 1 of 55Next →
FiledFormDescriptionPeriodDocument
2026-11-0310-QAll annual, quarterly, and current reports2026-10-020001336920-26-000293 index
2026-11-038-KAll annual, quarterly, and current reports2026-11-030001336920-26-000290 index
2026-10-094Insider equity awards, transactions, and ownership (Section 16 Reports)2026-10-07 · transaction0001336920-26-000287 index
2026-10-053Insider equity awards, transactions, and ownership (Section 16 Reports)2026-10-010001336920-26-000283 index
2026-10-058-KAll annual, quarterly, and current reports2026-10-050001193125-26-413208 index
2026-10-024Insider equity awards, transactions, and ownership (Section 16 Reports)2026-09-30 · transaction0001336920-26-000280 index
2026-10-024Insider equity awards, transactions, and ownership (Section 16 Reports)2026-09-30 · transaction0001336920-26-000279 index
2026-10-024Insider equity awards, transactions, and ownership (Section 16 Reports)2026-09-30 · transaction0001336920-26-000278 index
2026-10-024Insider equity awards, transactions, and ownership (Section 16 Reports)2026-09-30 · transaction0001336920-26-000277 index
2026-10-024Insider equity awards, transactions, and ownership (Section 16 Reports)2026-09-30 · transaction0001336920-26-000276 index
2026-10-018-KAll annual, quarterly, and current reports2026-10-010001336920-26-000265 index
2026-09-024Insider equity awards, transactions, and ownership (Section 16 Reports)2026-09-01 · transaction0001336920-26-000258 index
2026-09-01144no categoryno report period0001973379-26-000321 index
2026-08-134Insider equity awards, transactions, and ownership (Section 16 Reports)2026-08-11 · transaction0001336920-26-000255 index
2026-08-11144no categoryno report period0001193125-26-344447 index
2026-08-064Insider equity awards, transactions, and ownership (Section 16 Reports)2026-08-04 · transaction0001336920-26-000252 index
2026-08-064Insider equity awards, transactions, and ownership (Section 16 Reports)2026-08-04 · transaction0001336920-26-000251 index
2026-08-064Insider equity awards, transactions, and ownership (Section 16 Reports)2026-08-04 · transaction0001336920-26-000250 index
2026-08-0410-QAll annual, quarterly, and current reports2026-07-030001336920-26-000246 index
2026-08-048-KAll annual, quarterly, and current reports2026-08-040001336920-26-000243 index
2026-07-074Insider equity awards, transactions, and ownership (Section 16 Reports)2026-07-06 · transaction0001336920-26-000242 index
2026-07-024Insider equity awards, transactions, and ownership (Section 16 Reports)2026-06-30 · transaction0001336920-26-000239 index
2026-07-024Insider equity awards, transactions, and ownership (Section 16 Reports)2026-06-30 · transaction0001336920-26-000238 index
2026-07-024Insider equity awards, transactions, and ownership (Section 16 Reports)2026-06-30 · transaction0001336920-26-000237 index
2026-07-024Insider equity awards, transactions, and ownership (Section 16 Reports)2026-06-30 · transaction0001336920-26-000236 index
2026-07-024Insider equity awards, transactions, and ownership (Section 16 Reports)2026-06-30 · transaction0001336920-26-000235 index
2026-06-1811-KAll annual, quarterly, and current reports2025-12-310001336920-26-000224 index
2026-05-29SDAll annual, quarterly, and current reportsno report period0001336920-26-000219 index
2026-05-124Insider equity awards, transactions, and ownership (Section 16 Reports)2026-05-08 · transaction0001336920-26-000214 index
2026-05-124Insider equity awards, transactions, and ownership (Section 16 Reports)2026-05-08 · transaction0001336920-26-000213 index

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-0900140.85K1
2026-08001.41M1
2026-070000
2026-060000
2026-0500197.01K1
2026-0400317.56K1
2026-030000
2026-020000
2026-0100576.64K1
2025-1200543.13K1
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.7.91%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
STATE STREET CORP4.78%
VANGUARD PORTFOLIO MANAGEMENT LLC4.27%
JPMORGAN CHASE & CO3.07%
GEODE CAPITAL MANAGEMENT, LLC3.00%
FIRST TRUST ADVISORS LP2.46%
Invesco Ltd.2.28%
DIMENSIONAL FUND ADVISORS LP1.83%
VAN ECK ASSOCIATES CORP1.60%

Funds

Fund% owned
VANGUARD TOTAL STOCK MARKET INDEX FUND3.17%
Mairs & Power Balanced Fund3.07%
VANGUARD 500 INDEX FUND2.59%
VANGUARD SMALL-CAP INDEX FUND2.29%
First Trust Nasdaq Cybersecurity ETF1.71%
Empower Core Strategies: Flexible Bond Fund1.68%
Federated Hermes Total Return Bond Fund1.67%
Baird Core Plus Bond Fund1.59%
VANGUARD SMALL-CAP VALUE INDEX FUND1.45%
iShares Core S&P 500 ETF1.38%

OakChart. LDOS. Cached 15 minutes. Terms