Science Applications International Corp key statistics and ratios
In fiscal 2026, Science Applications International Corp had return on equity of 23.3% and a net margin of 4.9%. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.
Financial ratios
| Fiscal year | 2012Jan 2012 | 2013Jan 2013 | 2014Jan 2014 | 2015Jan 2015 | 2016Jan 2016 | 2017Feb 2017 | 2018Feb 2018 | 2019Feb 2019 | 2020Jan 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Feb 2023 | 2024Feb 2024 | 2025Jan 2025 | 2026Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net margin | 3.8% | 3.8% | 2.7% | 3.6% | 2.7% | 3.2% | 4.0% | 2.9% | 3.5% | 3.0% | 3.7% | 3.9% | 6.4% | 4.8% | 4.9% | 5.1% |
| Return on equity | 27.7% | 29.1% | 23.2% | 39.1% | 32.3% | 39.2% | 53.0% | 15.1% | 15.6% | 14.1% | 17.5% | 18.1% | 27.4% | 21.5% | 23.3% | 25.9% |
| Return on assets | — | 14.6% | 8.4% | 9.9% | 6.7% | 6.9% | 8.7% | 4.1% | 4.9% | 4.0% | 4.8% | 5.3% | 8.8% | 6.9% | 6.8% | 7.1% |
| Effective tax rate | 38.9% | 35.2% | 35.8% | 36.8% | 36.1% | 32.5% | 16.4% | 19.4% | 19.9% | 22.1% | 22.1% | 19.2% | 23.1% | 15.4% | 7.5% | 16.8% |
| R&D as % of revenue | 0.2% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.0% | 0.1% | 0.2% | 0.2% | — |
| SG&A as % of revenue | 2.7% | 2.1% | 2.2% | 2.4% | 4.3% | 3.7% | 3.5% | 3.4% | 4.5% | 5.0% | 4.7% | 4.9% | 5.0% | 4.5% | 4.8% | 4.8% |
| Dividends ÷ net income | — | — | 261.1% | 36.9% | 47.0% | 37.8% | 30.2% | 38.7% | 38.5% | 41.6% | 31.0% | 27.7% | 16.6% | 20.7% | 19.6% | 17.6% |
Financial health
- Short-term assets cover short-term liabilities $1.3bn of assets due within a year against $1.1bn of liabilities due within a year.
- Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
- More cash than debt $126m of cash against $2.5bn of debt.
- Debt below 40% of shareholders' equity Debt is 173% of equity.
- Debt burden no higher than five years ago Debt to equity moved from 146% to 173% over five years.
- A year's operating cash flow covers at least 20% of debt $660m of operating cash flow against $2.5bn of debt.
- Operating profit covers interest at least five times over Interest not separately reported. Not assessable.
Moat
Moderate moat
How hard Science Applications International's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
- Returns on capital 12 / 20
Cash operating profit has been a median 9.9% of total assets over 5 years.
- Pricing power 8 / 20
Gross margin has been a median 11.5%, moving by 1.0 percentage points (standard deviation) across 10 years.
- Durability 11 / 20
Operating margin has been a median 6.3%; its worst year was 4.8%.
- Cash conversion 13 / 20
Free cash flow was positive in 10 of 10 years, at a median 6.2% of revenue.
- Discipline 20 / 20
The diluted share count fell 24.1% over five years; stock-based pay has been a median 0.6% of revenue.
AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (64 before it).
Compare with peers
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