SAIC (Science Applications International) Owner Earnings per Share (TTM): 12.81 (As of Apr. 2026) — Near Median

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SAIC Science Applications International Corp SAIC
75 GF Score
Price $120.88
GF Value $127.16
Valuation Fairly Valued
! 6 Warning Signs
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What is Science Applications International Owner Earnings per Share (TTM)?

Science Applications International SAIC +3.76% 75 Owner Earnings per Share (TTM) is 12.81 as of Apr. 2026, which is 0% below its 10-year median of 12.85. GuruFocus rates SAIC with a GF Score™ of 75/100 and a GF Value™ of $127.16 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,218 Software companies, Science Applications International ranks better than 76.85% on this metric.

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Science Applications International's Owner Earnings per Share (TTM) ended in Apr. 2026 was $12.81. It's Price-to-Owner-Earnings ratio for today is 9.44.


The historical rank and industry rank for Science Applications International's Owner Earnings per Share (TTM) or its related term are showing as below:

SAIC' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 7.06   Med: 12.85   Max: 60.88
Current: 9.43


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Science Applications International was 60.88. The lowest was 7.06. And the median was 12.85.


SAIC's Price-to-Owner-Earnings is ranked better than
76.85% of 1218 companies
in the Software industry
Industry Median: 17.05 vs SAIC: 9.43

Science Applications International's Earnings per Share (Diluted) for the three months ended in Apr. 2026 was $2.61. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $8.88. It's PE Ratio (TTM) ratio for today is 13.61.

Science Applications International's EPS without NRI for the three months ended in Apr. 2026 was $3.23. Its EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2026 was $12.06. It's PE Ratio without NRI ratio for today is 10.02.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Science Applications International Owner Earnings per Share (TTM) Related Terms


Science Applications International Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Science Applications International's Owner Earnings per Share (TTM) 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.

Science Applications International Owner Earnings per Share (TTM) Chart

Science Applications International Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.92 8.25 10.51 8.70 11.45

Science Applications International Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Owner Earnings per Share (TTM) 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 8.83 8.55 7.91 11.45 12.81

SAIC vs G, EPAM, EXLS: Owner Earnings per Share (TTM) Comparison

For the Information Technology Services subindustry, Science Applications International's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Science Applications International Price-to-Owner-Earnings vs Software Industry

For the Software industry and Technology sector, Science Applications International's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Science Applications International's Price-to-Owner-Earnings falls into.


SAIC
75GF Score
Science Applications International Corp SAIC
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
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Science Applications International Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Science Applications International's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 405
Depreciation, Depletion and Amortization 153
Change In Deferred Tax 103
5Y Average of Maintenance Capital Expenditure 24
Change In Working Capital -73
Shares Outstanding (Diluted Average) 44

1. Start with "Net Income" from income statement. Science Applications International's Net Income for the trailing twelve months (TTM) ended in Apr. 2026 was $405 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Science Applications International's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Apr. 2026 was $153 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income. Science Applications International's Change In Deferred Tax for the trailing twelve months (TTM) ended in Apr. 2026 was $103 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $24 Mil

It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.

The following shows how to get maintenance capital expenditure.

First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.

Science Applications International's 5-Year Average Maintenance Capital Expenditure = $24 Mil

5. "Change In Working Capital" is from cashflow statement. Science Applications International's Change In Working Capital for the trailing twelve months (TTM) ended in Apr. 2026 was $-73 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.

6. Science Applications International's Shares Outstanding (Diluted Average) for the months ended in Apr. 2026 was 44.000 Mil.

Science Applications International's Onwer Earnings Per Share for Apr. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 405 +153+103
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-24.337032992559+-73)/44.000
=12.81

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=120.88/12.81
=9.44

* 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.

What does a Owner Earnings per Share (TTM) of 12.81 mean?
Science Applications International (SAIC) has a Owner Earnings per Share (TTM) of 12.81 as of Apr. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Science Applications International. This is near median its historical median of 12.85. Over the past decade, Science Applications International's Owner Earnings per Share (TTM) has ranged from 7.06 to 60.88. According to the industry distribution chart, Science Applications International ranks #282 out of 1218 companies in the Software industry, placing it in the top 23.2%.
Is Science Applications International's Owner Earnings per Share (TTM) too high?
Science Applications International's current Owner Earnings per Share (TTM) of 12.81 is near median its 10-year median of 12.85. Over the past 10 years, this metric has ranged from a low of 7.06 to a high of 60.88. The Software industry median Owner Earnings per Share (TTM) is 17.05. Science Applications International's value of 12.81 is 24.9% below this industry median. Based on the distribution chart, Science Applications International ranks #282 out of 1218 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Science Applications International has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Science Applications International's Owner Earnings per Share (TTM) compare to G and EPAM?
According to the Software industry distribution chart, Science Applications International ranks #282 out of 1218 companies for Owner Earnings per Share (TTM). This places Science Applications International in the top 23% of its industry — outperforming the majority of peers. The industry median Owner Earnings per Share (TTM) is 17.05. Science Applications International's value of 12.81 is 24.9% below this benchmark. Historically, Science Applications International's own Owner Earnings per Share (TTM) has ranged from 7.06 to 60.88 over the past decade. While the company's 10-year median is 12.85 vs. the industry median of 17.05, Science Applications International 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 Owner Earnings per Share (TTM) for a Software company?
The median Owner Earnings per Share (TTM) among Software companies is 17.05, based on 1,218 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Science Applications International's current Owner Earnings per Share (TTM) of 12.81 is 24.9% 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 Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Science Applications International. For the Software industry, the median Owner Earnings per Share (TTM) is 17.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Science Applications International's current Owner Earnings per Share (TTM) is 12.81, which is near median its own 10-year median of 12.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Science Applications International stock overvalued right now?
Based on GuruFocus' analysis, Science Applications International (SAIC) is currently considered Fairly Valued. The stock's GF Value™ is $127.16, compared to a current price of $120.88 — trading 4.9% below its estimated fair value. The current Owner Earnings per Share (TTM) is 12.81, which is near median its 10-year median of 12.85 and 24.9% below the Software industry median of 17.05. Science Applications International's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Science Applications International (SAIC), the current Owner Earnings per Share (TTM) is 12.81 as of Apr. 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 Science Applications International (SAIC) Overvalued in 2026?

Based on GuruFocus' analysis, Science Applications International stock appears to be undervalued. The current stock price of $120.88 is trading 4.9% below its estimated GF Value™ of $127.16. GuruFocus considers Science Applications International to be Fairly Valued.

Key valuation signals for SAIC:

  • Owner Earnings per Share (TTM): 12.81 (near median its 10-year median of 12.85)
  • GF Value™: $127.16 vs. price of $120.88 (4.9% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 24.9% below the Software median (#282 of 1218)

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


Science Applications International Business Description

Other Exchanges 0V9N:UK85S:Germany
Address 12010 Sunset Hills Road, Reston, VA, USA, 20190
Science Applications International Corp provides technical, engineering, and enterprise IT services mainly to the U.S. government. Specifically, it offers end-to-end solutions spanning the design, development, integration, deployment, management, operations, sustainment, and security of the customer's entire IT infrastructure. The company has two reportable segments, which include Defense and Intelligence and the Civilian segment. Maximum revenue is generated from its Defense and Intelligence segment, which provides a diverse portfolio of national security solutions to the DoW and the Intelligence Community of the United States Government. The Civilian segment provides solutions to the civilian markets, encompassing federal, state, and local governments.
75GF Score

Get the complete analysis for SAIC

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$120.88
Price
$127.16
GF Value