LDOS vs TDY vs NOC Stock Comparison

Leidos Holdings, Teledyne Technologies and Northrop Grumman Prices as of Nov 3, 2026 Peers: Industry group
1 more company in this comparison (MSI) Create a free account to keep reading and compare up to 10 companies.
LDOS Leidos Holdings, Inc.
$134.68 +14.4% 1M -30.2% 1Y
Market cap
$16.84B
P/E
11.9x
Revenue (TTM)
$17.80B
Div. yield
0.01%
Defense Industrials
4 wins

Head to Head

12 decided of 12

Teledyne Technologies leads on 5 of the 12 questions below (Teledyne Technologies 5, Leidos Holdings 4, Northrop Grumman 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLDOSTDYNOCLeader
Larger companyMarket capitalisation $16.84B $29.30B $75.24B NOC
Cheaper on earningsLower P/E, profitable companies only 11.9x 28.5x 16.6x LDOS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.6x 25.5x 17.9x LDOS
Faster revenue growthRevenue growth, trailing twelve months +2.7% +8.6% +6.5% TDY
More profitableNet margin, trailing twelve months 8.0% 15.8% 10.4% TDY
Better return on capitalReturn on invested capital 14.5% 8.1% 12.2% LDOS
Less leveragedLower net debt / EBITDA 2.3x 0.9x 1.7x TDY
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.02% NOC
Better 1-year returnPrice return, last 12 months -30.2% +28.0% -4.3% TDY
Better 5-year returnAnnualised price return, 5 years +7.3%/yr +8.2%/yr +9.1%/yr NOC
Less volatileAnnualised volatility, 1 year 36.2% 25.8% 28.7% TDY
Higher overall scoreMean of the five percentile scores vs peers 73/100 70/100 58/100 LDOS

Percentile Scorecard

LDOSTDYNOC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLDOSTDYNOC
Valuation 99 #2 of 101 66 #35 of 101 75 #26 of 101
Growth 72 #28 of 98 37 #62 of 98 38 #61 of 98
Profitability 84 #16 of 97 82 #18 of 97 77 #23 of 97
Financial Health 31 #74 of 107 76 #27 of 107 39 #66 of 107
Shareholder Returns 80 #14 of 65 91 #7 of 65 61 #26 of 65
Overall 73 70 58
  • LDOS ranked among 108 companies in Aerospace and Defense
  • TDY ranked among 108 companies in Aerospace and Defense
  • NOC ranked among 108 companies in Aerospace and Defense

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLDOSTDYNOCSPY
1 month +14.4%+7.5%+15.2% -2.0%
3 months +3.2%-3.1%-0.2% -2.2%
6 months -1.8%+5.0%-1.5% +4.2%
Year to date -25.3%+29.9%-3.5% +10.6%
1 year -30.2%+28.0%-4.3% +10.4%
3 years +29.6%+74.8%+17.0% +73.6%
3 years, per year +9.0%+20.5%+5.4% +20.2%
5 years +42.1%+48.2%+54.3% +61.6%
5 years, per year +7.3%+8.2%+9.1% +10.1%
10 years +203.4%+539.1%+144.1% +261.3%
10 years, per year +11.7%+20.4%+9.3% +13.7%

Risk

MeasureLDOSTDYNOCSPY
Volatility, 1Y 36.2%25.8%28.7% 12.8%
Downside volatility, 1Y 38.3%24.4%28.4% 12.8%
Beta vs S&P 500, 1Y 0.231.14-0.01 1.00
Return / volatility, 1Y -0.841.09-0.15 0.81
Max drawdown, 5Y -50.3%-32.2%-38.4% -25.4%
From 52-week high -32.5%-4.0%-28.3% -3.2%
52-week high $199.55$691.24$768.02 $779.14
52-week low $100.00$484.47$473.40 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLDOSTDYNOC
P/E now vs peer median 11.8xmedian 26.8x 29.9xmedian 26.8x 17.3xmedian 26.8x
P/S now vs peer median 0.9xmedian 2.9x 4.7xmedian 2.9x 1.8xmedian 2.9x
EV/EBITDA now vs peer median 9.3xmedian 14.7x 19.5xmedian 14.7x 14.5xmedian 14.7x
P/FCF now vs peer median 8.4xmedian 29.2x 26.7xmedian 29.2x 20.4xmedian 29.2x
P/B now vs peer median 3.1xmedian 2.6x 2.8xmedian 2.6x 4.2xmedian 2.6x
PEG now vs peer median 0.10median 0.93 -50.38median 0.93 16.99median 0.93

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLDOSTDYNOC
Revenue $17.80B $6.52B $43.59B
Gross profit $3.14B $2.84B $8.73B
Operating income $2.05B $1.30B $4.63B
Net income $1.44B $1.03B $4.52B
Free cash flow $1.96B $1.15B $3.83B
R&D – $330.60M –
EPS (diluted) $11.35 $21.90 $31.74
Cash & equivalents $630.00M $562.40M $3.74B
Total debt $6.03B $2.03B $14.43B
Shares (diluted) 125.00M 46.90M 142.40M
Enterprise value $13.90B $27.52B $62.70B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLDOSTDYNOC
P/E 11.8x 29.9x 17.3x
P/FCF 8.4x 26.7x 20.4x
P/Operating cash flow 7.8x 23.9x 14.8x
P/S 0.9x 4.7x 1.8x
P/B 3.1x 2.8x 4.2x
P/Tangible book 3.8x 3.3x 4.2x
EV/EBITDA 9.3x 19.5x 14.5x
EV/EBIT 10.7x 24.6x 19.2x
EV/Revenue 1.2x 4.9x 2.0x
EV/FCF 11.1x 28.0x 23.2x
EV/Operating cash flow 10.3x 25.1x 16.9x
PEG (3Y EPS CAGR) 0.10 -50.38 16.99

Growth

14 metrics
MetricLDOSTDYNOC
Revenue growth (1Y) 2.7% 8.6% 6.5%
Revenue CAGR (3Y) 5.5% 0.5% 4.1%
Gross profit growth (1Y) 2.8% 10.8% 9.8%
Gross profit CAGR (3Y) 13.1% -0.1% 3.4%
Operating income growth (1Y) -0.4% 23.3% 6.8%
Operating income CAGR (3Y) 57.4% 0.0% 6.4%
Net income growth (1Y) 2.0% 25.5% 12.5%
Net income CAGR (3Y) 110.2% -1.3% -1.1%
EPS growth (1Y) 5.0% 27.2% 13.3%
EPS CAGR (3Y) 119.5% -0.6% 1.0%
Operating cash flow growth (1Y) 36.3% 11.9% 53.2%
Operating cash flow CAGR (3Y) 28.9% 26.7% 12.5%
Free cash flow growth (1Y) 41.9% 10.5% 108.8%
Free cash flow CAGR (3Y) 34.6% 29.4% 22.3%

Profitability

14 metrics
MetricLDOSTDYNOC
Gross margin 17.6% 43.6% 20.0%
EBITDA margin 13.2% 25.3% 14.1%
Operating margin 11.5% 20.0% 10.6%
Pretax margin 10.1% 19.4% 12.0%
Net margin 8.0% 15.8% 10.4%
FCF margin 11.0% 17.6% 8.8%
Operating cash flow margin 11.9% 19.6% 12.1%
Return on equity 27.3% 9.3% 24.7%
Return on assets 9.3% 6.7% 8.8%
Return on invested capital 14.5% 8.1% 12.2%
Return on capital employed 16.6% 9.4% 12.2%
Asset turnover 1.1x 0.4x 0.8x
Cash conversion (OCF / net income) 1.5x 1.2x 1.2x
Stock comp / revenue 0.6% 0.6% 0.3%

Financial Health

11 metrics
MetricLDOSTDYNOC
Debt / assets 39.0% 13.0% 27.5%
Debt / equity 1.2x 0.2x 0.8x
Net debt / EBITDA 2.3x 0.9x 1.7x
Debt / FCF 3.1x 1.8x 3.8x
Liabilities / assets 66.2% 28.5% 64.4%
Equity / assets 33.8% 71.5% 35.6%
Interest coverage – 26.9x 7.1x
Current ratio 1.6x 2.3x 1.2x
Quick ratio 1.4x 1.3x 1.0x
Cash ratio 0.2x 0.4x 0.3x
Altman Z-score 3.17 5.71 3.08

Shareholder Returns

7 metrics
MetricLDOSTDYNOC
Dividend yield 1.3% – 1.7%
Net buyback yield 6.5% 1.5% 0.7%
Shareholder yield 7.7% 1.5% 2.4%
Payout ratio (earnings) 15.1% – 30.2%
Payout ratio (FCF) 11.1% – 35.6%
Dividend growth (1Y) 3.8% – 8.0%
Dividend CAGR (3Y) 2.8% – 7.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLDOSTDYNOC
Forward P/E 10.6xFY2026 25.5xFY2026 17.9xFY2026
EPS, next fiscal year $12.75FY2026 $26.05FY2026 $30.81FY2026
EPS growth, next FY +6.3%FY2026 +18.5%FY2026 +17.0%FY2026
EPS growth, the year after -9.0% +13.6% +3.7%
Revenue, next fiscal year $17.52BFY2026 $6.20BFY2026 $42.95BFY2026
Revenue growth, next FY +2.0%FY2026 +1.4%FY2026 +2.4%FY2026
Revenue growth, the year after +14.9% +5.9% +3.7%
LDOS estimates →TDY estimates →NOC estimates →

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLDOSTDYNOC
Held by institutions 79.3% 97.2% 83.4%
Institutions holding 774 888 1,813
Change in shares held, QoQ +4.1% +2.7% +0.3%
Institutions buying 380 399 841
Institutions selling 295 329 642
Buyers to sellers 1.29 1.21 1.31
LDOS holders →TDY holders →NOC holders →

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LDOSTDYNOC
LDOS 1.00 0.22 0.43
TDY 0.22 1.00 0.25
NOC 0.43 0.25 1.00

Add a Peer

Largest companies in the same industry
LDOS · Defense
+LMTLockheed Martin +GDGeneral Dynamics +MSIMotorola Solutions +LHXL3Harris Technologies +ESLTElbit Systems +CWCurtiss Wright +CACICaci International +HIIHuntington Ingalls Industries
Plot all 205 Defense stocks →

Related Comparisons

LDOS vs LMTLockheed Martin LDOS vs GDGeneral Dynamics LDOS vs MSIMotorola Solutions LDOS vs LHXL3Harris Technologies

Frequently Asked Questions

Which is bigger, LDOS, TDY and NOC?

Northrop Grumman (NOC) is the largest by market capitalisation: Leidos Holdings (LDOS) $16.84B, Teledyne Technologies (TDY) $29.30B, Northrop Grumman (NOC) $75.24B.

Which stock is cheaper, LDOS, TDY and NOC?

Leidos Holdings (LDOS) trades on the lowest price-to-earnings ratio (Leidos Holdings (LDOS) 11.9x, Teledyne Technologies (TDY) 28.5x, Northrop Grumman (NOC) 16.6x). On next year's consensus earnings, Leidos Holdings (LDOS) is cheapest (Leidos Holdings (LDOS) 10.6x, Teledyne Technologies (TDY) 25.5x, Northrop Grumman (NOC) 17.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Teledyne Technologies (TDY) grew revenue fastest over the trailing twelve months: Leidos Holdings (LDOS) +2.7%, Teledyne Technologies (TDY) +8.6%, Northrop Grumman (NOC) +6.5%.

Which company is more profitable?

Teledyne Technologies (TDY) has the highest net margin (Leidos Holdings (LDOS) 8.0%, Teledyne Technologies (TDY) 15.8%, Northrop Grumman (NOC) 10.4%). On return on invested capital, Leidos Holdings (LDOS) leads (Leidos Holdings (LDOS) 14.5%, Teledyne Technologies (TDY) 8.1%, Northrop Grumman (NOC) 12.2%).

Which stock has performed better?

Over the past year Teledyne Technologies (TDY) returned the most: Leidos Holdings (LDOS) -30.2%, Teledyne Technologies (TDY) +28.0%, Northrop Grumman (NOC) -4.3%. Over five years, Northrop Grumman (NOC) compounded fastest (Leidos Holdings (LDOS) +7.3%/yr, Teledyne Technologies (TDY) +8.2%/yr, Northrop Grumman (NOC) +9.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Northrop Grumman (NOC) has the highest dividend yield: Leidos Holdings (LDOS) 0.01%, Teledyne Technologies (TDY) 0.00%, Northrop Grumman (NOC) 0.02%. Teledyne Technologies (TDY) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Teledyne Technologies (TDY) has been the steadiest (Leidos Holdings (LDOS) 36.2%, Teledyne Technologies (TDY) 25.8%, Northrop Grumman (NOC) 28.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LDOS, TDY and NOC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Teledyne Technologies (TDY) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.