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Leidos Holdings, Inc. (LDOS) FCF Payout Ratio: 12.04%

Is Leidos Holdings, Inc.’s FCF payout ratio high or low?

Leidos Holdings, Inc.'s FCF payout ratio of 12.04% is 37% below its 4-year average of 19.08%, near the low end of its 4-year range (12.04%–23.22%).

18.97% below its 12-month average of 14.86%.

LDOS FCF Payout Ratio Chart

LDOS FCF Payout Ratio
12.98%-22.40% 1Y
Zoom

LDOS Average FCF Payout Ratio Chart

LDOS Current vs Average FCF Payout Ratio Chart

LDOS FCF Payout Ratio Metrics

FCF PAYOUT RATIO

12.04%

FCF PAYOUT RATIO AVG TTM

14.86%

FCF PAYOUT RATIO AVG 3Y

16.90%

FCF PAYOUT RATIO AVG 5Y

19.08%

FCF PAYOUT RATIO AVG 10Y

48.03%

FCF PAYOUT RATIO AVG 15Y

26.68%

FCF PAYOUT RATIO AVG 20Y

22.93%

CURRENT VS TTM AVG

-18.97%

CURRENT VS 3Y AVG

-28.76%

CURRENT VS 5Y AVG

-36.89%

CURRENT VS 10Y AVG

-74.93%

CURRENT VS 15Y AVG

-54.87%

CURRENT VS 20Y AVG

-47.50%

Payout Ratio Comparison

FCF Payout Ratio

12.0%

Earnings Payout Ratio

15.1%

Dividend Yield

1.47%

FCF Yield

12.67%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2026$1.63B$211.00M13.0%
2025$1.24B$208.00M16.7%
2023$958.00M$201.00M21.0%
2022$857.00M$199.00M23.2%
2021$1.15B$196.00M17.0%
2021$927.00M$199.00M21.5%
2019$871.00M$198.00M22.7%
2018$695.00M$198.00M28.5%
2017$445.00M$198.00M44.5%
2016$417.00M$1.14B272.2%
2015$367.00M$95.00M25.9%
2015$383.00M$117.00M30.5%
2014$142.00M$477.00M335.9%
2013$297.00M$165.00M55.6%
2012$645.00M$00.0%
2011$640.00M$00.0%
2010$565.00M$00.0%
2009$483.00M$1.00M0.2%
2008$281.00M$2.00M0.7%
2007$634.00M$2.44B384.7%
2006$541.00M$00.0%

Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

Leidos Holdings, Inc. FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Leidos Holdings, Inc. FCF Payout Ratio FAQ

What is the FCF payout ratio for Leidos Holdings, Inc. (LDOS)?
The FCF payout ratio for LDOS stock is 12.04%.
Is Leidos Holdings, Inc.'s FCF payout ratio high or low?
Leidos Holdings, Inc.'s FCF payout ratio of 12.04% is 37% below its 4-year average of 19.08%, near the low end of its 4-year range (12.04%–23.22%).
What is the TTM average FCF payout ratio for Leidos Holdings, Inc. (LDOS)?
The TTM average FCF payout ratio for LDOS stock is 14.86%.
What is the 3Y average FCF payout ratio for Leidos Holdings, Inc. (LDOS)?
The 3Y average FCF payout ratio for LDOS stock is 16.90%.
What is the 5Y average FCF payout ratio for Leidos Holdings, Inc. (LDOS)?
The 5Y average FCF payout ratio for LDOS stock is 19.08%.
What is the 10Y average FCF payout ratio for Leidos Holdings, Inc. (LDOS)?
The 10Y average FCF payout ratio for LDOS stock is 48.03%.
What is the 15Y average FCF payout ratio for Leidos Holdings, Inc. (LDOS)?
The 15Y average FCF payout ratio for LDOS stock is 26.68%.
What is the 20Y average FCF payout ratio for Leidos Holdings, Inc. (LDOS)?
The 20Y average FCF payout ratio for LDOS stock is 22.93%.

Leidos Holdings, Inc. FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2026-01-0212.98%
2025-01-0316.73%
2023-12-2920.98%
2022-12-3023.22%
2021-12-3121.47%
2021-01-0117.03%
2019-12-3122.73%
2018-12-3128.49%
2017-12-3144.49%
2016-12-31272.18%
2015-12-3130.55%
2015-01-3025.89%
2014-01-31335.92%
2013-01-3155.56%
2009-01-310.21%
2008-01-310.71%
2007-01-31384.70%

About Leidos Holdings, Inc.

Leidos Holdings, Inc., along with its various subsidiaries, delivers a broad spectrum of services and innovative solutions across key markets: defense, intelligence, civil government, and health. The company operates both domestically within the United States and on an international scale. Its operations are organized into three principal divisions: Defense Solutions, Civil, and Health. The Defense Solutions segment is dedicated to providing national security systems and specialized support spanning air, land, sea, space, and cyberspace domains. Its extensive client base includes the U.S. Intelligence Community, the Department of Defense, NASA, various military branches, allied foreign governments, and other federal and commercial entities within the national security sector. This division's offerings encompass advanced technology, large-scale systems integration, command and control platforms, sophisticated data analytics, logistics, robust cybersecurity defenses, and crucial intelligence analysis and operational support for critical missions. The Civil segment offers systems integration capabilities primarily to air navigation service providers, such as the Federal Aviation Administration (FAA). This involves critical programs like En Route Automation Modernization (ERAM), Advanced Technology Oceanic Procedure (ATOP), Time Based Flow Management (TBFM), Terminal Flight Data Management (TFDM), GEO-7, and Future Flight Services, as well as developing enterprise-wide information display systems. Additionally, this segment provides security detection and automation services. Its portfolio further extends to comprehensive information technology (IT) solutions, covering areas like cloud computing, mobility, application modernization, DevOps, data center operations, network upgrades, asset management, help desk support, and digital workplace enablement. Environmental, energy, and infrastructure services also fall under this division. Finally, the Health segment furnishes solutions to both federal and commercial clients globally, focusing on initiatives that promote human health and well-being. This includes services such as health information management, managed healthcare programs, digital transformation projects, and support for life sciences research and development. Leidos Holdings, Inc. was established in 1969 and is based out of Reston, Virginia.

Reston, VA
47,000 employees
Technology / Information Technology Services
Sector
Technology
Industry
Information Technology Services
CEO
Thomas A. Bell