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Amentum Holdings vs Leidos

Leidos is the larger business, with $17.17bn of revenue in fiscal 2025 against $14.39bn for Amentum Holdings (1.2 times as much). Amentum Holdings grew faster (71.6% against 3.1%). Leidos kept more of each dollar of sales as profit: a net margin of 8.4% against 0.5%.

Latest fiscal yearAmentum HoldingsAMTM, 2025LeidosLDOS, 2025
Revenue $14.39bn $17.17bn
Revenue growth 71.6% 3.1%
Net income $66.0m $1.45bn
Operating margin 3.3% —
Net margin 0.5% 8.4%
Return on equity 1.5% 31.0%
Free cash flow $516m $1.63bn
Cash $437m $1.11bn
Total debt $4.01bn $4.65bn
Debt to equity 89.0% —
Dividend per share — $1.63
Dividend yield — 1.3%
Share buybacks — $400m
Employees 50,000 —
Market value $5.46bn $17.12bn
Price vs our value range Within our value range Below our value range
Moat score — 52 (Moderate)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 9 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.