Leidos Holdings
Leidos Holdings returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jul 3, 2026 | 16.2% | 17.64% | 1.57% | 27.67% | 9.43% | 6.9 pp |
| FY 2026 Q1 | Apr 3, 2026 | 16.45% | 18.58% | 5.39% | 30.49% | 9.89% | 7.2 pp |
| FY 2025 Q4 | Jan 2, 2026 | 19.36% | 20.97% | 70.06% | 31.05% | 10.89% | 10.1 pp |
| FY 2025 Q3 | Oct 3, 2025 | 18.62% | 20.46% | 45.47% | 29.51% | 10.45% | 9.3 pp |
| FY 2025 Q2 | Jul 4, 2025 | 18% | 20.37% | 190.82% | 30.76% | 10.6% | 8.7 pp |
| FY 2025 Q1 | Apr 4, 2025 | 17.46% | 19.45% | 441.49% | 31.31% | 10.25% | 8.2 pp |
| FY 2024 Q4 | Jan 3, 2025 | 17.06% | 19.08% | 4,474.91% | 29.12% | 9.72% | 7.8 pp |
| FY 2024 Q3 | Sep 27, 2024 | 16.52% | 18.34% | 6,348.81% | 27.37% | 9.19% | 7.2 pp |
| FY 2024 Q2 | Jun 28, 2024 | 6.41% | 9.35% | — | 9.63% | 3.36% | -2.9 pp |
| FY 2024 Q1 | Mar 29, 2024 | 5.12% | 7.83% | — | 7.41% | 2.47% | -4.2 pp |
| FY 2023 Q4 | Dec 29, 2023 | 3.79% | 6.6% | — | 4.68% | 1.54% | -5.5 pp |
| FY 2023 Q3 | Sep 29, 2023 | 3.24% | 5.62% | — | 3.57% | 1.14% | -6.1 pp |
| FY 2023 Q2 | Jun 30, 2023 | 9.84% | 11.93% | 3.11% | 16.46% | 5.46% | 0.5 pp |
| FY 2023 Q1 | Mar 31, 2023 | 9.42% | 11.09% | -13.13% | 16.07% | 5.14% | 0.1 pp |
| FY 2022 Q4 | Dec 30, 2022 | 9.75% | 11.36% | -83.14% | 15.95% | 5.2% | 0.5 pp |
| FY 2022 Q3 | Sep 30, 2022 | 9.95% | 11.57% | — | 16.63% | 5.17% | 0.6 pp |
| FY 2022 Q2 | Jul 1, 2022 | 9.89% | 11.82% | — | 17.89% | 5.59% | 0.6 pp |
| FY 2022 Q1 | Apr 1, 2022 | 10.22% | 11.58% | 0.42% | 18.33% | 5.63% | 0.9 pp |
| FY 2021 Q4 | Dec 31, 2021 | 10.77% | 11.73% | 16.68% | 18.47% | 5.84% | 1.5 pp |
| FY 2021 Q3 | Oct 1, 2021 | 11.34% | 12.55% | 16.76% | 19.84% | 6.07% | 2 pp |
| FY 2021 Q2 | Jul 2, 2021 | 10.45% | 12.17% | 12.4% | 19.22% | 5.83% | 1.2 pp |
| FY 2021 Q1 | Apr 2, 2021 | 11.31% | 13.57% | 12.52% | 19.7% | 6.08% | 2 pp |
| FY 2020 Q4 | Jan 1, 2021 | 11.63% | 12% | 4.17% | 17.26% | 5.74% | 2.3 pp |
| FY 2020 Q3 | Oct 2, 2020 | 11.55% | 12.18% | 2.45% | 17.61% | 5.64% | 2.2 pp |
| FY 2020 Q2 | Jul 3, 2020 | 11.15% | 12.04% | 2.6% | 17.69% | 5.68% | 1.9 pp |
| FY 2020 Q1 | Apr 3, 2020 | 11.2% | 13.28% | 0.67% | 17.84% | 5.83% | 1.9 pp |
| FY 2019 Q4 | Jan 3, 2020 | 11.92% | 13.27% | — | 19.85% | 7.36% | 2.6 pp |
| FY 2019 Q3 | Sep 27, 2019 | 12.4% | 12.25% | — | 20.12% | 7.36% | 3.1 pp |
| FY 2019 Q2 | Jun 28, 2019 | 11.85% | 11.46% | — | 19.48% | 7.29% | 2.5 pp |
| FY 2019 Q1 | Mar 29, 2019 | 11.83% | 11.29% | — | 19.87% | 7.31% | 2.5 pp |
| FY 2018 Q4 | Dec 28, 2018 | 11.7% | 11.1% | 4,921.73% | 17.4% | 6.54% | 2.4 pp |
| FY 2018 Q3 | Sep 28, 2018 | — | 9.65% | — | 15.03% | 5.69% | — |
| FY 2018 Q2 | Jun 29, 2018 | 9.83% | 8.89% | — | 13.31% | 5.01% | 0.5 pp |
| FY 2018 Q1 | Mar 30, 2018 | 8.78% | 8.26% | 361.95% | 11.99% | 4.39% | -0.5 pp |
| FY 2017 Q4 | Dec 29, 2017 | 8.51% | 8.04% | 424.27% | 11.25% | 4.04% | -0.8 pp |
| FY 2017 Q3 | Sep 29, 2017 | 6.66% | 8.41% | — | 9.7% | 3.36% | -2.6 pp |
| FY 2017 Q2 | Jun 30, 2017 | 11.06% | 11.94% | — | 14.72% | 5.21% | 1.8 pp |
| FY 2017 Q1 | Mar 31, 2017 | 9.18% | 9.83% | — | 12.29% | 4.2% | -0.1 pp |
| FY 2016 Q4 | Dec 30, 2016 | — | — | — | — | — | — |
| FY 2016 Q3 | Sep 30, 2016 | — | — | — | — | — | — |
| FY 2016 Q2 | Jul 1, 2016 | — | — | — | — | — | — |
| FY 2016 Q1 | Apr 1, 2016 | — | — | — | — | — | — |
| FY 2015 Q3 | Oct 2, 2015 | — | — | — | — | — | — |
| FY 2015 Q2 | Jul 3, 2015 | — | — | — | — | — | — |
| FY 2015 Q1 | Apr 3, 2015 | — | — | — | — | — | — |
| FY 2014 Q4 | Jan 31, 2014 | 5.51% | 4.53% | — | 7.64% | 3.27% | -3.8 pp |
| FY 2014 Q3 | Nov 1, 2013 | — | 9.73% | — | 13.92% | 5.83% | — |
| FY 2014 Q2 | Aug 2, 2013 | 15.53% | 14.51% | — | 17.64% | 7.58% | 6.2 pp |
| FY 2014 Q1 | May 3, 2013 | 18.11% | 17.93% | — | 21.05% | 8.14% | 8.8 pp |
| FY 2013 Q4 | Jan 31, 2013 | 20.76% | 19.01% | — | 21.42% | 8.37% | 11.5 pp |
| FY 2013 Q3 | Oct 31, 2012 | 7.3% | 12.55% | -24.02% | 7.15% | 2.89% | -2 pp |
| FY 2013 Q2 | Jul 31, 2012 | — | 7.07% | — | -1.17% | -0.39% | — |
| FY 2013 Q1 | Apr 30, 2012 | — | 7.15% | — | 1.5% | 0.73% | — |
| FY 2012 Q4 | Jan 31, 2012 | — | 7.66% | — | 2.53% | 0.92% | — |
| FY 2012 Q3 | Oct 31, 2011 | 11.98% | 17.13% | — | 14.18% | 5.87% | 2.7 pp |
| FY 2012 Q2 | Jul 31, 2011 | 20.4% | 24.72% | — | 25.6% | 10.86% | 11.1 pp |
| FY 2012 Q1 | Apr 30, 2011 | — | — | — | — | — | — |
| FY 2011 Q4 | Jan 31, 2011 | — | — | — | — | — | — |
| FY 2011 Q3 | Oct 31, 2010 | — | — | — | — | — | — |
| FY 2011 Q2 | Jul 31, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 9.3%, rounded from the Software · System & Application benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · LDOS, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.