Leidos price to free cash flow LDOS

Market value divided by free cash flow over the last twelve months, since 2011.

Today, Oct 23, 2026: 7.9×
9-year median: 15.7×
Against its 9-year history: 3rd; percentile: 0 is its lowest day, 100 its highest
9-year range: 6.8× to 23.6×
Peer median: 22.5×

Leidos' price to free cash flow is 7.9× as of Oct 23, 2026.

That is below its 9-year median of 15.7×, lower than on 97% of days in the last 9 years.

Over that time it ranged from 6.8× in Oct 2026 to 23.6× in Mar 2018.

The median for 10 infrastructure software stocks of a similar size is 22.5×.

Price to free cash flow over time

median 15.7×

The dashed line is the 9-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	7.9×	6.8×	18.3×
2025	17.1×	13.4×	18.7×
2024	15.4×	14.2×	21.1×
2023	19.0×	13.4×	19.6×
2022	14.6×	14.1×	20.8×
2021	19.6×	10.7×	22.0×
2020	10.8×	9.3×	19.0×
2019	16.6×	10.9×	16.6×
2018	10.7×	10.5×	23.6×
2017	n/m a value too high to mean anything
2016	n/m a value too high to mean anything
2015	8.6×	8.3×	9.4×
2014	9.0×	8.7×	21.2×
2013	15.7×	5.7×	15.7×
2012	12.2×	3.4×	14.9×
2011	3.9×	3.9×	5.9×

Against its peers

Companies in Software - Infrastructure nearest Leidos' size, closest first, today.

Company	Price to free cash flow
LDOSLeidos	7.9×
TYLTyler Technologies	22.4×
DOCUDocusign	13.3×
DTDynatrace	32.5×
GWREGuidewire Software	41.0×
TOSTToast	32.8×
NTNXNutanix	22.7×
GENGen Digital	9.6×
GDDYGoDaddy	8.4×
CACICaci International	18.0×
MANHManhattan Associates	34.8×
Peer median	22.5×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Leidos

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.