Leidos Holdings Inc (LDOS)
Gross profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 1,490,000 | 1,506,000 | 1,468,000 |
| Revenue (ttm) | US$ in thousands | 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 | 10,787,000 | 10,527,000 | 10,293,000 |
| Gross profit margin | 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% | 13.81% | 14.31% | 14.26% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,244,000K ÷ $15,438,000K
= 14.54%
Leidos Holdings Inc has shown relative stability in its gross profit margin over the past 20 quarters. The gross profit margin has ranged from a low of 13.72% in June 2020 to a high of 14.92% in June 2022. The average gross profit margin over this period is approximately 14.34%, indicating the company generally maintains a healthy level of gross profit relative to its revenues. It is essential to monitor any significant deviations from this average to assess the company's ability to effectively manage its cost of goods sold and generate profits from its core operations.
Peer comparison
Dec 31, 2023