Leidos Holdings Inc (LDOS)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 621,000 | 1,088,000 | 1,152,000 | 998,000 | 912,000 |
| Revenue | US$ in thousands | 15,438,000 | 14,396,000 | 13,737,000 | 12,297,000 | 11,094,000 |
| Operating profit margin | 4.02% | 7.56% | 8.39% | 8.12% | 8.22% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $621,000K ÷ $15,438,000K
= 4.02%
The operating profit margin of Leidos Holdings Inc has exhibited a declining trend over the past five years. In 2023, the operating profit margin stood at 4.02%, a decrease from 7.56% in 2022, and notably lower than the margins seen in 2021 (8.39%), 2020 (8.12%), and 2019 (8.22%). This downward trajectory may signal potential challenges in the company's ability to generate profits from its core operations relative to its revenue, which could be attributed to factors such as increasing costs, declining sales, or inefficiencies in its operating structure. It is important for investors and stakeholders to closely monitor this trend and assess the underlying reasons driving the decrease in operating profit margins to evaluate the company's overall financial health and future prospects.
Peer comparison
Dec 31, 2023