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LDOS (Leidos Holdings) Cyclically Adjusted FCF per Share : $7.22 (As of Mar. 2025)


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What is Leidos Holdings Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Leidos Holdings's adjusted free cash flow per share for the three months ended in Mar. 2025 was $0.275. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $7.22 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Leidos Holdings's average Cyclically Adjusted FCF Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Leidos Holdings was 13.10% per year. The lowest was -0.50% per year. And the median was 3.30% per year.

As of today (2025-07-08), Leidos Holdings's current stock price is $162.09. Leidos Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $7.22. Leidos Holdings's Cyclically Adjusted Price-to-FCF of today is 22.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Leidos Holdings was 26.63. The lowest was 7.89. And the median was 16.43.


Leidos Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Leidos Holdings's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Leidos Holdings Cyclically Adjusted FCF per Share Chart

Leidos Holdings Annual Data
Trend Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.94 5.12 6.08 6.70 7.41

Leidos Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.81 6.93 7.45 7.41 7.22

Competitive Comparison of Leidos Holdings's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, Leidos Holdings's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Leidos Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Leidos Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Leidos Holdings's Cyclically Adjusted Price-to-FCF falls into.


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Leidos Holdings Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Leidos Holdings's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.275/134.9266*134.9266
=0.275

Current CPI (Mar. 2025) = 134.9266.

Leidos Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201501 1.394 98.604 1.908
201506 1.973 100.684 2.644
201509 3.589 100.392 4.824
201603 -0.297 100.470 -0.399
201606 0.986 101.688 1.308
201609 2.254 101.861 2.986
201612 0.723 101.863 0.958
201703 -0.510 102.862 -0.669
201706 0.980 103.349 1.279
201709 1.610 104.136 2.086
201712 0.796 104.011 1.033
201803 0.045 105.290 0.058
201806 1.675 106.317 2.126
201809 2.261 106.507 2.864
201812 0.560 105.998 0.713
201903 1.755 107.251 2.208
201906 1.164 108.070 1.453
201909 2.262 108.329 2.817
201912 0.810 108.420 1.008
202003 2.278 108.902 2.822
202006 2.611 108.767 3.239
202009 3.903 109.815 4.796
202012 -0.799 109.897 -0.981
202103 1.479 111.754 1.786
202106 -0.028 114.631 -0.033
202109 3.783 115.734 4.410
202112 1.252 117.630 1.436
202203 0.464 121.301 0.516
202206 0.174 125.017 0.188
202209 5.087 125.227 5.481
202212 0.522 125.222 0.562
202303 -0.993 127.348 -1.052
202306 0.899 128.729 0.942
202309 5.438 129.860 5.650
202312 1.603 129.419 1.671
202403 0.701 131.776 0.718
202406 2.213 132.554 2.253
202409 4.654 133.029 4.720
202412 1.566 133.157 1.587
202503 0.275 134.927 0.275

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Leidos Holdings  (NYSE:LDOS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Leidos Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=162.09/7.22
=22.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Leidos Holdings was 26.63. The lowest was 7.89. And the median was 16.43.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Leidos Holdings Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Leidos Holdings's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Leidos Holdings Business Description

Industry
Address
1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil, and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in four reportable segments; National Security & Digital, Health & Civil, Commercial & International and Defense Systems. It provides a wide array of scientific, engineering and technical services and solutions across these reportable segments.
Executives
Gregory R Dahlberg director 11951 FREEDOM DRIVE, RESTON VA 20190
Kovarik Robert C Jr director C/O ALLIANCE BANKSHARES CORPORATION, 14200 PARK MEADOW DR #200S, CHANTILLY VA 20151
Noel B Williams director 1750 PRESIDENTS STREET, RESTON VA 20190
Roy E Stevens officer: Chief of Business Development 11951 FREEDOM DRIVE, RESTON VA 20190
Surya N Mohapatra director 3 GIRALDA FARMS, MADISON NJ 07940
Gary Stephen May director 11951 FREEDOM DRIVE, RESTON VA 20190
Thomas Arthur Bell director, officer: CEO 1750 PRESIDENTS STREET, RESTON VA 20190
Susan M Stalnecker director TWO N NINTHST, ALLENTOWN PA 18101
David G Fubini director D.G. FUBINI CONSULTANTS, LLC, 80 SEARS ROAD, BROOKLINE MA 02445
Miriam E John director 7011 EAST AVENUE, LIVERMORE CA 94550
James Robert Moos officer: Group President 11951 FREEDOM DRIVE, RESTON VA 20190
Cindy Gruensfelder officer: Executive Vice President 1750 PRESIDENTS STREET, RESTON VA 20190
Kraemer Harry M Jansen Jr director DENTSPLY SIRONA INC., 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Howe Jerald S Jr officer: Executive VP & General Counsel
Robert S Shapard director P O BOX 696000, SANANTONIO TX 782696000