Leidos Holdings, Inc. (LDOS) vs Zebra Technologies Corporation (ZBRA)

LDOS leads on 13 of 15 compared metrics.

A side-by-side comparison of Leidos Holdings, Inc. and Zebra Technologies Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 18, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — LDOS vs ZBRA

growth of $100 · last 20y
LDOS +117.6%ZBRA +528.7%ZBRA compounded faster
05001k2kStart $10020102014201820222026$218$629
LDOS ZBRA

LDOS vs ZBRA: by the numbers

  • LDOS is the larger company ($13.42B vs $11.10B market cap).
  • LDOS trades at the lower earnings multiple (9.95 vs 28.34 P/E).
  • LDOS converts more revenue to profit (8.20% vs 7.49% net margin).
  • LDOS grew revenue faster over the past five years (6.37% vs 3.31% CAGR).
  • LDOS pays a dividend (1.56% yield) while ZBRA does not currently pay one.

Which is better, LDOS or ZBRA?

Metric tally: LDOS 13 · ZBRA 2

It depends on what you're optimizing for:

ValueLDOS(lower P/E)
GrowthLDOS(faster 5Y revenue CAGR)
QualityLDOS(higher ROIC)

Metrics side by side

Valuation

MetricLDOSZBRA
P/E ratio9.9528.34
Forward P/E9.1812.56
P/S ratio0.802.11
P/B ratio2.773.40
PEG ratio0.84
EV / EBITDA8.4514.83
FCF yield13.37%7.08%

Profitability

MetricLDOSZBRA
Gross margin17.53%47.47%
Operating margin12.03%14.38%
Net margin8.20%7.49%
ROE28.35%12.05%
ROIC15.00%8.81%

Dividends

MetricLDOSZBRA
Dividend yield1.56%
Payout ratio15.06%

Growth (annualized)

MetricLDOSZBRA
Revenue CAGR (5Y)6.37%3.31%
EPS CAGR (5Y)20.47%-2.66%
FCF CAGR (5Y)12.40%-3.79%
Total return CAGR (5Y)2.00%-14.24%

Frequently asked

Which is better, LDOS or ZBRA?
It depends on your goal. value: LDOS (lower P/E); growth: LDOS (faster 5Y revenue CAGR); quality: LDOS (higher ROIC). Across all compared metrics, LDOS leads 13 to 2.
Is LDOS or ZBRA cheaper?
On trailing earnings, LDOS is cheaper: LDOS trades at a 9.95 P/E and ZBRA at 28.34.
Which has grown faster, LDOS or ZBRA?
Over the past five years, LDOS grew revenue faster — LDOS at a 6.37% CAGR versus ZBRA at 3.31%.
Does LDOS or ZBRA pay a bigger dividend?
LDOS pays a dividend (1.56% yield) while ZBRA does not currently pay one.
Is LDOS or ZBRA more profitable?
LDOS runs the higher net margin — LDOS at 8.20% versus ZBRA at 7.49%.
Which has been the better investment, LDOS or ZBRA?
Over the past 10-year, ZBRA delivered the higher annualized total return — LDOS at 10.35% versus ZBRA at 15.13%. 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 18, 2026.