Leidos Holdings Inc (LDOS)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	199,000	685,000	753,000	628,000	667,000
Revenue	US$ in thousands	15,438,000	14,396,000	13,737,000	12,297,000	11,094,000
Net profit margin		1.29%	4.76%	5.48%	5.11%	6.01%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $199,000K ÷ $15,438,000K
= 1.29%

Analyzing the net profit margin of Leidos Holdings Inc over the past five years reveals a declining trend. The net profit margin decreased from 6.01% in 2019 to 1.29% in 2023. This indicates that the company's profitability relative to its revenue has decreased over the period. Despite a temporary increase in 2022, the overall trend suggests potential challenges in managing costs and generating profits. Further investigation into the factors influencing this decline in net profit margin may be warranted to assess the company's financial performance and sustainability.