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Leidos HoldingsLDOS -1.67%69 EV-to-EBITDA is 8.44 as of Jul. 18, 2026, which is 38% below its 10-year median of 13.56. GuruFocus rates LDOS with a GF Score™ of 69/100 and a GF Value™ of $167.84 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,950 Software companies, Leidos Holdings ranks better than 59.33% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Leidos Holdings's enterprise value is $19,932 Mil.
Leidos Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $2,362 Mil. Therefore, Leidos Holdings's EV-to-EBITDA for today is 8.44.
The historical rank and industry rank for Leidos Holdings's EV-to-EBITDA or its related term are showing as below:
LDOS'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.28 Med: 13.56 Max: 24.27
Current: 8.44
During the past 13 years, the highest EV-to-EBITDA of Leidos Holdings was 24.27. The lowest was 8.28. And the median was 13.56.
LDOS's EV-to-EBITDA is ranked better than 59.33% of 1950
companies
in the Software industry
Industry Median: 10.49
vs LDOS: 8.44
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Leidos Holdings's PE Ratio (TTM) for today is calculated as:
Leidos Holdings's share price for today is $106.48.
Leidos Holdings's Earnings per Share (Diluted) 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 $10.920.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Leidos Holdings's EV-to-EBITDA 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.
For the Information Technology Services subindustry, Leidos Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Software Industry
For the Software industry and Technology sector, Leidos Holdings's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Leidos Holdings's EV-to-EBITDA falls into.
Leidos Holdings's current Enterprise Value is $19,932 Mil.
Leidos Holdings's EBITDA 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 $2,362 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 (LDOS) has a EV-to-EBITDA of 8.44 as of Jul. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Leidos Holdings. This is 38% below median its historical median of 13.56. Over the past decade, Leidos Holdings' EV-to-EBITDA has ranged from 8.28 to 24.27. According to the industry distribution chart, Leidos Holdings ranks #793 out of 1950 companies in the Software industry, placing it in the top 40.7%.
Is Leidos Holdings' EV-to-EBITDA too high?
Leidos Holdings' current EV-to-EBITDA of 8.44 is 38% below median its 10-year median of 13.56. Over the past 10 years, this metric has ranged from a low of 8.28 to a high of 24.27. The Software industry median EV-to-EBITDA is 10.49. Leidos Holdings' value of 8.44 is 19.5% below this industry median. Based on the distribution chart, Leidos Holdings ranks #793 out of 1950 companies in the Software industry, which is above the industry midpoint. Overall, Leidos Holdings has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leidos Holdings' EV-to-EBITDA compare to WSE and APLD?
According to the Software industry distribution chart, Leidos Holdings ranks #793 out of 1950 companies for EV-to-EBITDA. This puts Leidos Holdings in the upper half of its industry. The industry median EV-to-EBITDA is 10.49. Leidos Holdings' value of 8.44 is 19.5% below this benchmark. Historically, Leidos Holdings' own EV-to-EBITDA has ranged from 8.28 to 24.27 over the past decade. While the company's 10-year median is 13.56 vs. the industry median of 10.49, 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-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.49, based on 1,950 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leidos Holdings's current EV-to-EBITDA of 8.44 is 19.5% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Leidos Holdings. For the Software industry, the median EV-to-EBITDA is 10.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leidos Holdings's current EV-to-EBITDA is 8.44, which is 38% below median its own 10-year median of 13.56. 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 (LDOS) is currently considered Significantly Undervalued. The stock's GF Value™ is $167.84, compared to a current price of $106.48 — trading 36.6% below its estimated fair value. The current EV-to-EBITDA is 8.44, which is 38% below median its 10-year median of 13.56 and 19.5% below the Software industry median of 10.49. Leidos Holdings' overall GF Score™ is 69/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Leidos Holdings (LDOS), the current EV-to-EBITDA is 8.44 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 (LDOS) Overvalued in 2026?
Based on GuruFocus' analysis, Leidos Holdings stock appears to be undervalued.
The current stock price of $106.48 is trading 36.6% below its estimated GF Value™ of $167.84.
GuruFocus considers Leidos Holdings to be Significantly Undervalued.
Key valuation signals for LDOS:
EV-to-EBITDA: 8.44 (38% below median its 10-year median of 13.56)
GF Value™: $167.84 vs. price of $106.48 (36.6% below fair value)
Industry Position: 19.5% below the Software median (#793 of 1950)
No single metric tells the full story. See the LDOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
69GF Score
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