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

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnLDOS vs ZBRA

growth of $100 · dividends reinvested · last 10y
LDOS +266.5% (+13.9%/yr)ZBRA +400.1% (+17.5%/yr)ZBRA compounded faster over this window
200400600800Start $10020182020202220242026$367$500
LDOS ZBRA

LDOS vs ZBRA: by the numbers

  • LDOS is the larger company ($16.28B vs $16.24B market cap).
  • LDOS trades at the lower trailing earnings multiple (12.08 vs 32.07 P/E), one valuation lens rather than an overall verdict.
  • ZBRA converts more revenue to profit (9.22% vs 7.86% net margin).
  • LDOS grew revenue faster over the past five years (5.87% vs 2.51% CAGR).
  • LDOS pays a dividend (1.31% yield), while ZBRA has no payments in the available dividend history.

Metrics side by side

Valuation

MetricLDOSZBRA
P/E ratio12.0832.07
Forward P/E10.4516.14
P/S ratio0.922.78
P/B ratio3.084.73
EV / EBITDA9.4816.49
FCF yield13.28%5.57%

Profitability

MetricLDOSZBRA
Gross margin17.42%48.90%
Operating margin11.46%16.09%
Net margin7.86%9.22%
ROE26.23%15.69%
ROIC14.42%10.35%

Dividends

MetricLDOSZBRA
Dividend yield1.31%N/A
Payout ratio15.76%N/A

Growth (annualized)

MetricLDOSZBRA
Revenue CAGR (5Y)5.87%2.51%
EPS CAGR (5Y)20.47%-2.66%
FCF CAGR (5Y)26.94%-3.62%
Total return CAGR (5Y)7.17%-9.80%

Frequently asked

Which has the lower trailing P/E, LDOS or ZBRA?
LDOS has the lower trailing P/E: LDOS trades at 12.08 and ZBRA at 32.07. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, LDOS or ZBRA?
Over the past five years, LDOS grew revenue faster — LDOS at a 5.87% CAGR versus ZBRA at 2.51%.
Does LDOS or ZBRA pay a bigger dividend?
LDOS pays a dividend (1.31% yield), while ZBRA has no payments in the available dividend history.
Is LDOS or ZBRA more profitable?
ZBRA runs the higher net margin — LDOS at 7.86% versus ZBRA at 9.22%.
How have LDOS and ZBRA total returns compared?
Over the past 10 years, LDOS delivered 13.79% and ZBRA delivered 17.96% annualized total return. 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 September 13, 2026.