Is it safe?
Can LDOS take a bad year?
Leidos carries $5.88B of net debt at 2.56× EBITDA: a load its earnings can carry.
$5.88B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.56×
Net debt / EBITDA · 1.98× a year ago · the load is going up
- Altman Z-score
- 3.37
Altman Z-score · safe zone, above 3
- Debt / equity
- 1.26×
Debt / equity
Details›
- Total debtQ1 2026
- $6.33B
- Cash and short-term investments
- $457M
- Net debt
- $5.88B
- EBITDA, trailing twelve months
- $2.30B
- Operating profit, trailing twelve months
- $2.09B
- Debt / equity
- 1.26×
- Total debt / EBITDA
- 2.75×
- Annualised volatilitytwo years of daily moves
- 32%
- Worst drawdown on file
- −47%
- Below its 52-week high
- −31%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Information Technology Services
Ranks #10 of 37 by Smart Score