Leidos Holdings Inc (LDOS)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Gross profit (ttm)	US$ in thousands	2,688,000	2,582,000	2,387,000	2,244,000	2,170,000	2,096,000	2,067,000	2,084,000	2,071,000	2,099,000	2,059,000	2,014,000	1,997,000	1,924,000	1,809,000	1,737,000	1,673,000	1,590,000	1,587,000	1,548,000
Revenue (ttm)	US$ in thousands	16,510,000	16,066,000	15,714,000	15,438,000	15,155,000	14,842,000	14,601,000	14,396,000	14,190,000	14,065,000	13,916,000	13,737,000	13,498,000	13,257,000	12,723,000	12,297,000	11,999,000	11,592,000	11,406,000	11,094,000
Gross profit margin		16.28%	16.07%	15.19%	14.54%	14.32%	14.12%	14.16%	14.48%	14.59%	14.92%	14.80%	14.66%	14.79%	14.51%	14.22%	14.13%	13.94%	13.72%	13.91%	13.95%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,688,000K ÷ $16,510,000K
= 16.28%

Leidos Holdings Inc has shown a gradual improvement in its gross profit margin over the period from December 31, 2019, to December 31, 2024. The gross profit margin increased from 13.95% on December 31, 2019, to 16.28% on December 31, 2024.

The company demonstrated resilience and efficiency in managing its cost of goods sold and generating higher revenues relative to the direct costs of producing goods or services. The rising trend in the gross profit margin indicates effective cost control measures and potentially pricing power within its industry.

Investors and analysts may view this positive trajectory as a reflection of the company's operational efficiency and effectiveness in generating profits from its core business activities. However, it is essential to continue monitoring the trend to ensure sustained profitability and competitiveness in the market.