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).

Compare

Total return — AAOI vs LDOS

growth of $100 · last 13y
AAOI +1619.2%LDOS +132.4%AAOI compounded faster
Log scale — wide-divergence pair
101001k10kStart $1002016201920222025$1,719$232
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 7

It depends on what you're optimizing for:

GrowthAAOI(faster 5Y revenue CAGR)
QualityLDOS(higher ROIC)

Metrics side by side

Valuation

MetricAAOILDOS
P/E ratio9.81
Forward P/E165.739.05
P/S ratio25.660.79
P/B ratio11.762.74
PEG ratio0.82
EV / EBITDA8.37
FCF yield13.55%

Profitability

MetricAAOILDOS
Gross margin29.64%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

MetricAAOILDOS
Dividend yield1.58%
Payout ratio15.06%

Growth (annualized)

MetricAAOILDOS
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.

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.