Leidos Holdings Inc (LDOS)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,798,000 | 2,244,000 | 2,084,000 | 2,014,000 | 1,737,000 |
| Revenue | US$ in thousands | 16,662,000 | 15,438,000 | 14,396,000 | 13,737,000 | 12,297,000 |
| Gross profit margin | 16.79% | 14.54% | 14.48% | 14.66% | 14.13% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,798,000K ÷ $16,662,000K
= 16.79%
Leidos Holdings Inc has shown a relatively stable gross profit margin over the five-year period from December 31, 2020, to December 31, 2024. The company's gross profit margin increased from 14.13% in 2020 to 16.79% in 2024, indicating an improvement in the efficiency of its operations and pricing strategies. However, there was some fluctuation in between these years, with the margin reaching a peak of 14.66% in 2021 before declining slightly to 14.48% in 2022 and then increasing again to 14.54% in 2023.
Overall, the trend suggests that Leidos Holdings Inc has been able to effectively manage its cost of goods sold relative to its revenue over the years, leading to a healthier gross profit margin. This improvement in profitability could be the result of various factors, such as cost-cutting measures, economies of scale, improved pricing strategies, or enhanced operational efficiencies. It indicates the company's ability to generate profits from its core business activities after accounting for direct costs associated with production or service delivery.
Peer comparison
Dec 31, 2024