KBR vs Leidos
Leidos reported revenue of $17.2 billion in fiscal 2025, 2.2 times KBR's $7.8 billion in fiscal 2025. KBR's revenue grew 1.0% in its latest year, and Leidos' grew 3.1%. KBR had an operating margin of 10.0%, against 12.3% at Leidos. Free cash flow was $515 million at KBR and $1.6 billion at Leidos.
Side by side
| KBR | Leidos | |
|---|---|---|
| Latest fiscal year | FY2025, Jan 2, 2026 | FY2025, Jan 2, 2026 |
| Revenue | $7.8B | $17.2B |
| Revenue growth | 1.0% | 3.1% |
| Revenue growth a year, last 5 years | 6.2% | 6.9% |
| Gross margin | 14.8% | 18.0% |
| Operating margin | 10.0% | 12.3% |
| Net margin | 5.3% | 8.4% |
| Free cash flow | $515M | $1.6B |
| Free cash flow margin | 6.6% | 9.5% |
| Return on capital | 15.8% | 19.2% |
| Net debt to EBITDA | 2.2x | 1.5x |
| Dividends and buybacks | $413M | $611M |
| Change in diluted share count | −3.7% | −4.4% |
| Last close | $40.02 | $139.86 |
| P/E at the last close | 12.0× | 13.1× |
| Insider trades, last 12 months | bought $945,160, sold $0 | sold $3.2 million |
| Piotroski F-score | 7 of 9 | 9 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
KBRLeidos
Operating margin
Percent of revenue
KBRLeidos
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
KBRLeidos