Leidos vs Thomson Reuters
Leidos is the larger business, with $17.17bn of revenue in fiscal 2025 against $7.48bn for Thomson Reuters (2.3 times as much). Leidos grew faster (3.1% against 3.0%). Thomson Reuters kept more of each dollar of sales as profit: a net margin of 20.1% against 8.4%.
| Latest fiscal year | LeidosLDOS, 2025 | Thomson ReutersTRI, 2025 |
|---|---|---|
| Revenue | $17.17bn | $7.48bn |
| Revenue growth | 3.1% | 3.0% |
| Net income | $1.45bn | $1.50bn |
| Operating margin | — | 28.5% |
| Net margin | 8.4% | 20.1% |
| Return on equity | 31.0% | 12.6% |
| Free cash flow | $1.63bn | $2.02bn |
| Cash | $1.11bn | $511m |
| Total debt | $4.65bn | $2.12bn |
| Debt to equity | — | 17.8% |
| Dividend per share | $1.63 | — |
| Dividend yield | 1.2% | — |
| Share buybacks | $400m | $1.00bn |
| Employees | — | — |
| Market value | $18.09bn | $54.95bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | 55 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 9 sales | 0 buys, 0 sales |