Leidos Holdings (LDOS) Operating Margin (2009 - 2026)
Leidos Holdings' (LDOS) quarterly Operating Margin came in at 11.28% in Q3 2026, down 215.0% on a YoY basis from 9.81% in Q3 2025, and down 2.33% quarter-over-quarter from 11.55% in Q2 2026.
Analysis
Leidos Holdings (LDOS) Operating Margin (2009 - 2026) Analysis & Trends
Leidos Holdings (LDOS) has reported Operating Margin for 18 consecutive years, with 11.28% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Operating Margin fell 215.0% year-over-year to 11.28%; the trailing twelve-month figure through Jul 2026 stood at 11.51% (down 44.0% YoY), and the FY2026 full-year result was 12.28%, up 132.0% from the prior year.
- Operating Margin slipped to 11.28% in Q3 2026 per LDOS's latest filing, from 11.55% in the prior quarter.
- Across five years, Operating Margin topped out at 13.43% in Q3 2025 and bottomed at 8.57% in Q3 2023.
- Historically, Operating Margin has averaged 9.02% across 5 years, with a median of 10.04% in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Margin tumbled 1636 bps in 2023, then surged 2088 bps in 2024.
- Over 5 years, Operating Margin stood at 7.17% in 2022, then increased by 27 bps to 9.07% in 2023, then soared by 36 bps to 12.32% in 2024, then dropped by 3 bps to 11.97% in 2025, then declined by 6 bps to 11.28% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 11.28%, 11.55%, and 11.24% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | 12.36% |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | 10.36% |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 25.82% |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | 10.08% |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | 11.12% |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | 9.57% |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 20.04% |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 19.34% |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | 11.28% |
| 10 | Caci International | 13.42 Bn | 13.22 Bn | 913.55 Mn | 10.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 11.28% |
| Apr 3, 2026 | 11.55% |
| Jan 2, 2026 | 11.24% |
| Oct 3, 2025 | 11.97% |
| Jul 4, 2025 | 13.43% |
| Apr 4, 2025 | 12.49% |
| Jan 3, 2025 | 9.64% |
| Sep 27, 2024 | 12.32% |
| Jun 28, 2024 | 11.50% |
| Mar 29, 2024 | 10.44% |
| Dec 29, 2023 | 9.07% |
| Sep 29, 2023 | -8.57% |
| Jun 30, 2023 | 8.62% |
| Mar 31, 2023 | 7.16% |
| Dec 30, 2022 | 7.17% |
| Sep 30, 2022 | 7.79% |
| Jul 1, 2022 | 7.53% |
| Apr 1, 2022 | 7.76% |
| Dec 31, 2021 | 7.73% |
| Oct 1, 2021 | 8.76% |