Applied Optoelectronics, Inc. (AAOI) vs Leidos Holdings, Inc. (LDOS)
LDOS leads on 7 of 10 compared metrics.
A side-by-side comparison of Applied Optoelectronics, Inc. and Leidos Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
AAOI
Applied Optoelectronics, Inc.
$171.23Technology
LDOS
Leidos Holdings, Inc.
$107.12Technology
Total return — AAOI vs LDOS
growth of $100 · last 13yAAOI +1619.2%LDOS +132.4%AAOI compounded faster
Log scale — wide-divergence pair
AAOI LDOS
AAOI vs LDOS: by the numbers
- •AAOI is the larger company ($13.74B vs $12.79B market cap).
- •LDOS is profitable (8.20% net margin) while AAOI runs a net loss (-8.55%).
- •AAOI grew revenue faster over the past five years (15.77% vs 6.37% CAGR).
- •LDOS pays a dividend (1.58% yield) while AAOI does not currently pay one.
Which is better, AAOI or LDOS?
Metric tally: AAOI 3 · LDOS 7It depends on what you're optimizing for:
GrowthAAOI(faster 5Y revenue CAGR)
QualityLDOS(higher ROIC)
Metrics side by side
Valuation
| Metric | AAOI | LDOS |
|---|---|---|
| P/E ratio | — | 9.81 |
| Forward P/E | 165.73 | 9.05● |
| P/S ratio | 25.66 | 0.79● |
| P/B ratio | 11.76 | 2.74● |
| PEG ratio | — | 0.82 |
| EV / EBITDA | — | 8.37 |
| FCF yield | — | 13.55% |
Profitability
| Metric | AAOI | LDOS |
|---|---|---|
| Gross margin | 29.64%● | 17.53% |
| Operating margin | -11.57% | 12.03%● |
| Net margin | -8.55% | 8.20%● |
| ROE | -3.92% | 28.35%● |
| ROIC | -4.71% | 15.00%● |
Dividends
| Metric | AAOI | LDOS |
|---|---|---|
| Dividend yield | — | 1.58% |
| Payout ratio | — | 15.06% |
Growth (annualized)
| Metric | AAOI | LDOS |
|---|---|---|
| Revenue CAGR (5Y) | 15.77%● | 6.37% |
| EPS CAGR (5Y) | — | 20.47% |
| FCF CAGR (5Y) | — | 12.40% |
| Total return CAGR (5Y) | 82.46%● | 0.53% |
Frequently asked
- Which is better, AAOI or LDOS?
- It depends on your goal. growth: AAOI (faster 5Y revenue CAGR); quality: LDOS (higher ROIC). Across all compared metrics, LDOS leads 7 to 3.
- Which has grown faster, AAOI or LDOS?
- Over the past five years, AAOI grew revenue faster — AAOI at a 15.77% CAGR versus LDOS at 6.37%.
- Does AAOI or LDOS pay a bigger dividend?
- LDOS pays a dividend (1.58% yield) while AAOI does not currently pay one.
- Is AAOI or LDOS more profitable?
- LDOS runs the higher net margin — AAOI at -8.55% versus LDOS at 8.20%.
- Which has been the better investment, AAOI or LDOS?
- Over the past 10-year, AAOI delivered the higher annualized total return — AAOI at 32.46% versus LDOS at 9.64%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Applied Optoelectronics P/E ratioLeidos P/E ratioApplied Optoelectronics dividend yieldLeidos dividend yieldApplied Optoelectronics ROELeidos ROEApplied Optoelectronics operating marginLeidos operating marginApplied Optoelectronics revenue growthLeidos revenue growthApplied Optoelectronics free cash flowLeidos free cash flow
Applied Optoelectronics & Leidos appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 23, 2026.