Question 1

What is Leidos Holdings's EV/EBITDA ratio?

Accepted Answer

Leidos Holdings (LDOS) EV/EBITDA ratio is 9.6× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Leidos Holdings?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Leidos Holdings specifically, the relevant sector benchmark is the current sector median of 19.5×.

Question 5

Is Leidos Holdings's EV/EBITDA ratio high or low?

Accepted Answer

Leidos Holdings's EV/EBITDA ratio of 9.6× is below its own 5-year average of 13.5× and below the sector median of 19.5×. That places the current reading at the 4th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Leidos Holdings's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Leidos Holdings (LDOS) EV/EBITDA ratio has ranged from a low of 3.4× in 2006 to a high of 24.5× in 2016. The 5-year average is 13.5× and the 5-year median is 12.3×.

Question 7

What was Leidos Holdings's EV/EBITDA ratio in 2026?

Accepted Answer

Leidos Holdings (LDOS) EV/EBITDA ratio at the end of 2026 was 12.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Leidos Holdings's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$24.29B	$2.41B	12.1×	+0.8×	Jan 2, 2026
2025	$19.57B	$2.12B	11.3×	—	Jan 3, 2025
2023	—	$946.00M	—	—	Dec 31, 2023
2022	—	$1.42B	—	—	Dec 31, 2022
2021	$12.45B	$1.48B	11.8×	—	Dec 31, 2021
2020	—	$1.25B	—	—	Dec 31, 2020
2019	—	$1.25B	—	—	Dec 31, 2019
2018	—	$1.01B	—	—	Dec 31, 2018
2017	—	$886.00M	—	—	Dec 31, 2017
2016	—	$533.00M	—	—	Dec 31, 2016
2015	$4.05B	$232.00M	19.3×	—	Dec 31, 2015
2014	$3.63B	$262.00M	17.4×	+13.0×	Jan 31, 2014
2013	$2.78B	$759.00M	4.4×	-2.9×	Jan 31, 2013
2012	$2.90B	$432.00M	7.3×	+3.2×	Jan 31, 2012
2011	$3.95B	$1.06B	4.2×	-1.0×	Jan 31, 2011
2010	$4.79B	$968.00M	5.2×	-1.2×	Jan 31, 2010
2009	$5.31B	$861.00M	6.4×	-0.8×	Jan 31, 2009
2008	$5.22B	$750.00M	7.1×	-1.0×	Jan 31, 2008
2007	$5.15B	$650.00M	8.1×	—	Jan 31, 2007


Zebra Technologies (ZBRA)	12.6×
Micron Technology (MU)	12.5×
NXP Semiconductors (NXPI)	12.3×
Block (XYZ)	11.9×
Qorvo (QRVO)	11.3×
Broadridge Financial Solutions (BR)	11.1×
Adobe (ADBE)	10.9×
Super Micro Computer (SMCI)	10.8×
CDW (CDW)	10.8×
QUALCOMM (QCOM)	10.6×
Accenture (ACN)	10.5×
NetApp (NTAP)	10.5×
Amkor Technology (AMKR)	10.3×
GoDaddy (GDDY)	10.2×
Block (SQ)	10.0×
EPAM Systems (EPAM)	9.6×
Science Applications International (SAIC)	9.4×
Skyworks Solutions (SWKS)	9.2×
Corpay (CPAY)	8.5×
Paycom Software (PAYC)	8.2×
Gen Digital (GEN)	7.4×
Cognizant (CTSH)	7.2×
Fidelity National Information Services (FIS)	7.0×
Fiserv (FISV)	6.9×
HP (HPQ)	6.4×

EV/EBITDA for Leidos Holdings (LDOS)

EV/EBITDA daily chart for Leidos Holdings (LDOS)

Historical EV/EBITDA for Leidos Holdings (LDOS) from 2007 to 2026

About EV/EBITDA at Leidos Holdings (LDOS)

Leidos Holdings EV/EBITDA by Year

Leidos Holdings EV/EBITDA 2026: 12.1×

Leidos Holdings EV/EBITDA 2025: 11.3×

Leidos Holdings EV/EBITDA 2021: 11.8×

Leidos Holdings EV/EBITDA 2015: 19.3×

Leidos Holdings EV/EBITDA 2014: 17.4×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Leidos Holdings (LDOS) Key Financials

EV/EBITDA daily chart for Leidos Holdings (LDOS)

Historical EV/EBITDA for Leidos Holdings (LDOS) from 2007 to 2026

About EV/EBITDA at Leidos Holdings (LDOS)

Leidos Holdings EV/EBITDA by Year

Leidos Holdings EV/EBITDA 2026: 12.1×

Leidos Holdings EV/EBITDA 2025: 11.3×

Leidos Holdings EV/EBITDA 2021: 11.8×

Leidos Holdings EV/EBITDA 2015: 19.3×

Leidos Holdings EV/EBITDA 2014: 17.4×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is Leidos Holdings's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for Leidos Holdings?

+Is Leidos Holdings's EV/EBITDA ratio high or low?

+What is Leidos Holdings's historical EV/EBITDA ratio range?

+What was Leidos Holdings's EV/EBITDA ratio in 2026?

+Why does Leidos Holdings's EV/EBITDA ratio change over time?

Leidos Holdings (LDOS) Key Financials