Question 1

What is Leidos Holdings's P/FCF ratio?

Accepted Answer

Leidos Holdings (LDOS) P/FCF ratio is 8.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. 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 P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Leidos Holdings?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Leidos Holdings specifically, the relevant sector benchmark is the current sector median of 21.6×.

Question 5

Is Leidos Holdings's P/FCF ratio high or low?

Accepted Answer

Leidos Holdings's P/FCF ratio of 8.6× is below its own 5-year average of 15.8× and below the sector median of 21.6×. That places the current reading at the 0th 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 P/FCF ratio range?

Accepted Answer

In the available daily series, Leidos Holdings (LDOS) P/FCF ratio has ranged from a low of 4.2× in 2011 to a high of 28.3× in 2014. The 5-year average is 15.8× and the 5-year median is 15.6×.

Question 7

What was Leidos Holdings's P/FCF ratio in 2026?

Accepted Answer

Leidos Holdings (LDOS) P/FCF ratio at the end of 2026 was 14.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Leidos Holdings's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). 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	$1.63B	14.9×	-0.0×	Jan 2, 2026
2025	$19.57B	$1.31B	15.0×	—	Jan 3, 2025
2023	—	$958.00M	—	—	Dec 31, 2023
2022	—	$857.00M	—	—	Dec 31, 2022
2021	$12.45B	$927.00M	13.4×	—	Dec 31, 2021
2020	—	$1.15B	—	—	Dec 31, 2020
2019	—	$871.00M	—	—	Dec 31, 2019
2018	—	$695.00M	—	—	Dec 31, 2018
2017	—	$440.00M	—	—	Dec 31, 2017
2016	—	$413.00M	—	—	Dec 31, 2016
2015	$4.05B	$383.00M	10.6×	—	Dec 31, 2015
2014	$3.63B	$128.00M	28.3×	+19.1×	Jan 31, 2014
2013	$2.78B	$302.00M	9.2×	+4.7×	Jan 31, 2013
2012	$2.90B	$645.00M	4.5×	-1.7×	Jan 31, 2012
2011	$3.95B	$640.00M	6.2×	-2.3×	Jan 31, 2011
2010	$4.79B	$565.00M	8.5×	-2.5×	Jan 31, 2010
2009	$5.31B	$483.00M	11.0×	-7.6×	Jan 31, 2009
2008	$5.22B	$281.00M	18.6×	+10.4×	Jan 31, 2008
2007	$5.15B	$634.00M	8.1×	—	Jan 31, 2007


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P/FCF Ratio for Leidos Holdings (LDOS)

P/FCF Ratio daily chart for Leidos Holdings (LDOS)

Historical P/FCF Ratio for Leidos Holdings (LDOS) from 2007 to 2026

About P/FCF Ratio at Leidos Holdings (LDOS)

Leidos Holdings P/FCF Ratio by Year

Leidos Holdings P/FCF Ratio 2026: 14.9×

Leidos Holdings P/FCF Ratio 2025: 15.0×

Leidos Holdings P/FCF Ratio 2021: 13.4×

Leidos Holdings P/FCF Ratio 2015: 10.6×

Leidos Holdings P/FCF Ratio 2014: 28.3×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Leidos Holdings (LDOS) Key Financials

P/FCF Ratio daily chart for Leidos Holdings (LDOS)

Historical P/FCF Ratio for Leidos Holdings (LDOS) from 2007 to 2026

About P/FCF Ratio at Leidos Holdings (LDOS)

Leidos Holdings P/FCF Ratio by Year

Leidos Holdings P/FCF Ratio 2026: 14.9×

Leidos Holdings P/FCF Ratio 2025: 15.0×

Leidos Holdings P/FCF Ratio 2021: 13.4×

Leidos Holdings P/FCF Ratio 2015: 10.6×

Leidos Holdings P/FCF Ratio 2014: 28.3×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Leidos Holdings's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Leidos Holdings?

+Is Leidos Holdings's P/FCF ratio high or low?

+What is Leidos Holdings's historical P/FCF ratio range?

+What was Leidos Holdings's P/FCF ratio in 2026?

+Why does Leidos Holdings's P/FCF ratio change over time?

Leidos Holdings (LDOS) Key Financials