Ticker League

TTM

10.7%

YoY change

+2.00pp

Trough year (FY2013)

2.5%

Peak year (FY2025)

9.5%

FCF Margin history chart for Leidos Holdings (LDOS) from 2016 to 2026

Latest: 9.5%

FCF Margin change chart for Leidos Holdings (LDOS) from 2016 to 2026

Latest: +2.00pp

FCF Margin history table for Leidos Holdings (LDOS) from 2006 to 2026

  • FY20259.5%+2.00pp
  • FY20247.5%+1.25pp
  • FY20236.2%+0.25pp
  • FY20226.0%-0.80pp
  • FY20216.7%-2.61pp
  • FY20209.4%+1.51pp
  • FY20197.9%+1.03pp
  • FY20186.8%+2.44pp
  • FY20174.4%-1.55pp
  • FY20165.9%-1.61pp
  • FY20157.5%+0.28pp
  • FY20147.2%+4.79pp
  • FY20132.5%-0.20pp
  • FY20122.7%-3.43pp
  • FY20116.1%+0.34pp
  • FY20105.8%+0.55pp
  • FY20095.2%+0.41pp
  • FY20084.8%+1.65pp
  • FY20073.1%-4.50pp
  • FY20067.6%+0.70pp
  • FY20056.9%

FCF Margin values are taken from Leidos Holdings's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at Leidos Holdings (LDOS)

According to Leidos Holdings's latest reported financial statements, the company's latest reported free cash flow margin is 10.7%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Leidos Holdings (LDOS) free cash flow margin totalled 9.46% – expanded 2.0 percentage points year-over-year.

The highest annual free cash flow margin of 9.46% was reported in 2025. The lowest in the available history was 2.46% in 2013.

Leidos Holdings FCF Margin by Year

Leidos Holdings FCF Margin 2025: 9.5%

2025's free cash flow margin for Leidos Holdings came in at 9.46%, expanded 2.0 percentage points from 2024. This figure represents the highest annual value in the available history.

Leidos Holdings FCF Margin 2024: 7.5%

Leidos Holdings posted free cash flow margin of 7.46% in 2024, expanded 1.3 percentage points from 2023.

Leidos Holdings FCF Margin 2023: 6.2%

In 2023, Leidos Holdings reported free cash flow margin of 6.21%, expanded 0.3 percentage points from 2022.

Leidos Holdings FCF Margin 2022: 6.0%

Leidos Holdings free cash flow margin in 2022 was 5.95%, contracted 0.8 percentage points from 2021.

Leidos Holdings FCF Margin 2021: 6.7%

Leidos Holdings free cash flow margin in 2021 was 6.75%.

See more financial history for Leidos Holdings (LDOS).

Sector peers by FCF Margin

Technology peers of Leidos Holdings (LDOS), ranked by their latest free cash flow margin

Frequently asked questions