BA vs. LDOS
BA (The Boeing Company) and LDOS (Leidos Holdings, Inc.) are both stocks. BA operates in Aerospace & Defense (Industrials), while LDOS operates in Information Technology Services (Technology). Over the past 10 years, BA returned 6.28%/yr vs 14.97%/yr for LDOS. At a 0.35 correlation, their price movements are largely independent.
Performance
BA vs. LDOS - Performance Comparison
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Returns By Period
In the year-to-date period, BA achieves a 0.89% return, which is significantly higher than LDOS's -32.12% return. Over the past 10 years, BA has underperformed LDOS with an annualized return of 6.28%, while LDOS has yielded a comparatively higher 14.97% annualized return.
BA
- 1D
- -1.16%
- 1M
- -8.96%
- YTD
- 0.89%
- 6M
- 7.18%
- 1Y
- 7.51%
- 3Y*
- -0.20%
- 5Y*
- -2.40%
- 10Y*
- 6.28%
LDOS
- 1D
- 0.07%
- 1M
- -1.62%
- YTD
- -32.12%
- 6M
- -35.31%
- 1Y
- -16.67%
- 3Y*
- 14.74%
- 5Y*
- 4.03%
- 10Y*
- 14.97%
BA vs. LDOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BA The Boeing Company | 0.89% | 22.67% | -32.10% | 36.84% | -5.38% | -5.95% | -33.90% | 3.34% | 11.50% | 94.72% |
LDOS Leidos Holdings, Inc. | -32.12% | 26.50% | 34.52% | 4.50% | 20.04% | -14.20% | 8.95% | 88.82% | -16.72% | 29.14% |
Correlation
The correlation between BA and LDOS is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2006 | 0.35 |
The correlation between BA and LDOS shifts across timeframes, from 0.15 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BA:
$179.22B
LDOS:
$15.64B
BA:
$2.90
LDOS:
$10.92
BA:
75.49
LDOS:
11.19
BA:
11.83
LDOS:
0.09
BA:
1.86
LDOS:
0.92
BA:
29.97
LDOS:
3.12
BA:
$92.18B
LDOS:
$17.33B
BA:
$4.43B
LDOS:
$3.04B
BA:
$7.13B
LDOS:
$2.34B
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Return for Risk
BA vs. LDOS — Risk / Return Rank
BA
LDOS
BA vs. LDOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Boeing Company (BA) and Leidos Holdings, Inc. (LDOS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BA | LDOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.91 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | -0.43 | +0.73 |
| Martin ratioReturn relative to average drawdown | 0.69 | -1.09 | +1.78 |
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Drawdowns
BA vs. LDOS - Drawdown Comparison
The maximum BA drawdown since its inception was -89.45%, which is greater than LDOS's maximum drawdown of -54.72%. Use the drawdown chart below to compare losses from any high point for BA and LDOS.
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Drawdown Indicators
| BA | LDOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.45% | -54.72% | -34.73% |
Max Drawdown (1Y)Largest decline over 1 year | -24.96% | -38.73% | +13.77% |
Max Drawdown (3Y)Largest decline over 3 years | -48.31% | -38.73% | -9.58% |
Max Drawdown (5Y)Largest decline over 5 years | -53.76% | -38.73% | -15.03% |
Max Drawdown (10Y)Largest decline over 10 years | -77.92% | -42.29% | -35.63% |
Current DrawdownCurrent decline from peak | -49.09% | -38.49% | -10.60% |
Average DrawdownAverage peak-to-trough decline | -31.02% | -19.68% | -11.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.95% | 15.33% | -4.38% |
Volatility
BA vs. LDOS - Volatility Comparison
The Boeing Company (BA) has a higher volatility of 12.44% compared to Leidos Holdings, Inc. (LDOS) at 6.30%. This indicates that BA's price experiences larger fluctuations and is considered to be riskier than LDOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BA | LDOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.44% | 6.30% | +6.14% |
Volatility (6M)Calculated over the trailing 6-month period | 23.39% | 25.00% | -1.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.33% | 29.28% | +3.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.58% | 26.73% | +9.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.61% | 27.48% | +14.13% |
Dividends
BA vs. LDOS - Dividend Comparison
BA has not paid dividends to shareholders, while LDOS's dividend yield for the trailing twelve months is around 1.36%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA The Boeing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.96% | 2.52% | 2.12% | 1.93% | 2.80% | 2.52% |
LDOS Leidos Holdings, Inc. | 1.36% | 0.90% | 1.07% | 1.35% | 1.37% | 1.57% | 1.29% | 1.35% | 2.43% | 1.98% | 29.17% | 3.41% |
Financials
BA vs. LDOS - Financials Comparison
This section allows you to compare key financial metrics between The Boeing Company and Leidos Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BA vs. LDOS - Profitability Comparison
BA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a gross profit of 2.55B and revenue of 22.22B. Therefore, the gross margin over that period was 11.5%.
LDOS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Leidos Holdings, Inc. reported a gross profit of 761.00M and revenue of 4.40B. Therefore, the gross margin over that period was 17.3%.
BA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported an operating income of 448.00M and revenue of 22.22B, resulting in an operating margin of 2.0%.
LDOS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Leidos Holdings, Inc. reported an operating income of 508.00M and revenue of 4.40B, resulting in an operating margin of 11.6%.
BA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a net income of -4.00M and revenue of 22.22B, resulting in a net margin of -0.0%.
LDOS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Leidos Holdings, Inc. reported a net income of 328.00M and revenue of 4.40B, resulting in a net margin of 7.5%.
Frequently Asked Questions
BA and LDOS have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BA has higher volatility (12.44%) compared to LDOS (6.30%). In terms of maximum drawdown, BA dropped -89.45% vs LDOS's -54.72%.
BA currently has the higher Sharpe Ratio (0.24 vs -0.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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