Leidos Holdings (MIL:1LDOS) EV-to-EBIT: 9.84 (As of Jul. 18, 2026) — 44% Below Median

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MIL:1LDOS Leidos Holdings Inc MIL:1LDOS
57 GF Score
Price €94.66
GF Value €149.21
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Leidos Holdings EV-to-EBIT?

Leidos Holdings MIL:1LDOS -0.36% 57 EV-to-EBIT is 9.84 as of Jul. 18, 2026, which is 44% below its 10-year median of 17.68. GuruFocus rates MIL:1LDOS with a GF Score™ of 57/100 and a GF Value™ of €149.21 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,763 Software companies, Leidos Holdings ranks better than 65.91% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Leidos Holdings's Enterprise Value is €17,502 Mil. Leidos Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1,779 Mil. Therefore, Leidos Holdings's EV-to-EBIT for today is 9.84.

The historical rank and industry rank for Leidos Holdings's EV-to-EBIT or its related term are showing as below:

MIL:1LDOS' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.46   Med: 17.68   Max: 37.34
Current: 9.63

During the past 13 years, the highest EV-to-EBIT of Leidos Holdings was 37.34. The lowest was 9.46. And the median was 17.68.

MIL:1LDOS's EV-to-EBIT is ranked better than
65.91% of 1763 companies
in the Software industry
Industry Median: 14.26 vs MIL:1LDOS: 9.63

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Leidos Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was €22,617 Mil. Leidos Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1,779 Mil. Leidos Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.86%.


Leidos Holdings  (MIL:1LDOS) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Leidos Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=1778.629/22617.3424
=7.86 %

Leidos Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was €22,617 Mil.
Leidos Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,779 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Leidos Holdings EV-to-EBIT Related Terms


Leidos Holdings EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Leidos Holdings's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Leidos Holdings EV-to-EBIT Chart

Leidos Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.15 17.92 31.18 12.77 12.77

Leidos Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.49 12.29 13.84 12.77 12.61

MIL:1LDOS vs WSE, APLD, CIFR: EV-to-EBIT Comparison

For the Information Technology Services subindustry, Leidos Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Leidos Holdings EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Leidos Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Leidos Holdings's EV-to-EBIT falls into.


MIL:1LDOS
57GF Score
Leidos Holdings Inc MIL:1LDOS
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leidos Holdings EV-to-EBIT Calculation

Leidos Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=17502.115/1778.629
=9.84

Leidos Holdings's current Enterprise Value is €17,502 Mil.
Leidos Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,779 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 9.84 mean?
Leidos Holdings (MIL:1LDOS) has a EV-to-EBIT of 9.84 as of Jul. 18, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Leidos Holdings and its competitors. This is 44% below median its historical median of 17.68. Over the past decade, Leidos Holdings' EV-to-EBIT has ranged from 9.46 to 37.34. According to the industry distribution chart, Leidos Holdings ranks #601 out of 1763 companies in the Software industry, placing it in the top 34.1%.
Is Leidos Holdings' EV-to-EBIT too high?
Leidos Holdings' current EV-to-EBIT of 9.84 is 44% below median its 10-year median of 17.68. Over the past 10 years, this metric has ranged from a low of 9.46 to a high of 37.34. The Software industry median EV-to-EBIT is 14.26. Leidos Holdings' value of 9.84 is 31% below this industry median. Based on the distribution chart, Leidos Holdings ranks #601 out of 1763 companies in the Software industry, which is above the industry midpoint. Overall, Leidos Holdings has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leidos Holdings' EV-to-EBIT compare to WSE and APLD?
According to the Software industry distribution chart, Leidos Holdings ranks #601 out of 1763 companies for EV-to-EBIT. This puts Leidos Holdings in the upper half of its industry. The industry median EV-to-EBIT is 14.26. Leidos Holdings' value of 9.84 is 31% below this benchmark. Historically, Leidos Holdings' own EV-to-EBIT has ranged from 9.46 to 37.34 over the past decade. While the company's 10-year median is 17.68 vs. the industry median of 14.26, Leidos Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Software company?
The median EV-to-EBIT among Software companies is 14.26, based on 1,763 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leidos Holdings's current EV-to-EBIT of 9.84 is 31% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Leidos Holdings and its competitors. For the Software industry, the median EV-to-EBIT is 14.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leidos Holdings's current EV-to-EBIT is 9.84, which is 44% below median its own 10-year median of 17.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leidos Holdings stock overvalued right now?
Based on GuruFocus' analysis, Leidos Holdings (MIL:1LDOS) is currently considered Significantly Undervalued. The stock's GF Value™ is €149.21, compared to a current price of €94.66 — trading 36.6% below its estimated fair value. The current EV-to-EBIT is 9.84, which is 44% below median its 10-year median of 17.68 and 31% below the Software industry median of 14.26. Leidos Holdings' overall GF Score™ is 57/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Leidos Holdings (MIL:1LDOS), the current EV-to-EBIT is 9.84 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Leidos Holdings (MIL:1LDOS) Overvalued in 2026?

Based on GuruFocus' analysis, Leidos Holdings stock appears to be undervalued. The current stock price of €94.66 is trading 36.6% below its estimated GF Value™ of €149.21. GuruFocus considers Leidos Holdings to be Significantly Undervalued.

Key valuation signals for MIL:1LDOS:

  • EV-to-EBIT: 9.84 (44% below median its 10-year median of 17.68)
  • GF Value™: €149.21 vs. price of €94.66 (36.6% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 31% below the Software median (#601 of 1763)

No single metric tells the full story. See the MIL:1LDOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leidos Holdings Business Description

Address 1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil, and health management, both domestically and internationally. The customers of the company includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in four reportable segments; National Security & Digital, Health & Civil, Commercial & International and Defense Systems. It provides a wide array of scientific, engineering and technical services and solutions across these reportable segments.
57GF Score

Get the complete analysis for MIL:1LDOS

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€94.66
Price
€149.21
GF Value