Leidos Holdings, Inc. (LDOS) closed fiscal year 2025 with a gross margin of 18.0 % and a net margin of 8.4 %.
Leidos Holdings, Inc. (LDOS) closed fiscal year 2025 with a gross margin of 18.0 % and a net margin of 8.4 %. The same year shows an EBITDA margin of 14.0 % and an EBIT margin of 12.3 %. The free cash flow margin was 9.5 %. Against the previous year the gross margin moved +1.3 pp and the net margin +0.9 pp. Across the period the gross margin ranges between 12.0 % in 2015 and 18.0 % in 2025. The series covers 12 fiscal years, from 2014 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 13.24 % | 12.01 % | 13.35 % | 14.08 % | 14.75 % | 13.95 % | 14.13 % | 14.66 % | 14.48 % | 14.54 % | 16.79 % | 18.04 % |
| EBITDA margin (%) | -2.84 % | 7.66 % | 7.65 % | 8.80 % | 9.87 % | 10.33 % | 10.41 % | 10.75 % | 9.87 % | 6.17 % | 12.71 % | 13.97 % |
| EBIT margin (%) | -4.07 % | 6.79 % | 5.92 % | 5.50 % | 7.35 % | 8.22 % | 8.12 % | 8.39 % | 7.56 % | 4.02 % | 10.97 % | 12.28 % |
| Net margin (%) | -7.12 % | 5.14 % | 3.46 % | 3.60 % | 5.70 % | 6.01 % | 5.11 % | 5.48 % | 4.76 % | 1.29 % | 7.53 % | 8.43 % |
| FCF margin (%) | 7.48 % | 7.39 % | 5.96 % | 4.38 % | 6.82 % | 7.85 % | 9.36 % | 6.76 % | 5.99 % | 6.35 % | 7.72 % | 9.46 % |
