Leidos Holdings Inc (LDOS)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,527,000 | 759,000 | 558,000 | 394,000 | 300,000 | 910,000 | 863,000 | 878,000 | 883,000 | 921,000 | 919,000 | 961,000 | 986,000 | 943,000 | 912,000 | 780,000 | 762,000 | 761,000 | 747,000 | 863,000 |
| 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 |
| Pretax margin | 9.25% | 4.72% | 3.55% | 2.55% | 1.98% | 6.13% | 5.91% | 6.10% | 6.22% | 6.55% | 6.60% | 7.00% | 7.30% | 7.11% | 7.17% | 6.34% | 6.35% | 6.56% | 6.55% | 7.78% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,527,000K ÷ $16,510,000K
= 9.25%
The pretax margin of Leidos Holdings Inc has exhibited fluctuations over the periods provided. It started at 7.78% on December 31, 2019, dropping to 6.55% by March 31, 2020, and remained around the 6-7% range until September 30, 2021, where it reached 7.30%. However, by December 31, 2021, it decreased slightly to 7.00% and further declined to 5.91% by March 31, 2022. Although there was a slight increase to 6.13% by June 30, 2023, there was a significant drop to 1.98% by September 30, 2023. This drop continued to December 31, 2023, with a pretax margin of 2.55%.
Subsequently, there was a notable recovery as of March 31, 2024, with the pretax margin rising to 3.55% and reaching 9.25% by December 31, 2024.
The pretax margin is a key indicator of a company's profitability before taxes, reflecting the efficiency of its operations in generating profits relative to its total revenue. The fluctuations in Leidos Holdings Inc's pretax margin suggest varying levels of operational efficiency and cost management over the periods analyzed. The company experienced both improvements and setbacks in its profitability during this time frame, with the need for further analysis to identify the underlying factors driving these fluctuations.
Peer comparison
Dec 31, 2024