BKNG vs. LDOS
BKNG (Booking Holdings Inc.) and LDOS (Leidos Holdings, Inc.) are both stocks. BKNG operates in Travel Services (Consumer Cyclical), while LDOS operates in Information Technology Services (Technology). Over the past 10 years, BKNG returned 12.13%/yr vs 15.01%/yr for LDOS. At a 0.29 correlation, their price movements are largely independent.
Performance
BKNG vs. LDOS - Performance Comparison
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Returns By Period
In the year-to-date period, BKNG achieves a -23.87% return, which is significantly higher than LDOS's -31.76% return. Over the past 10 years, BKNG has underperformed LDOS with an annualized return of 12.13%, while LDOS has yielded a comparatively higher 15.01% annualized return.
BKNG
- 1D
- -2.13%
- 1M
- -1.94%
- YTD
- -23.87%
- 6M
- -21.25%
- 1Y
- -27.12%
- 3Y*
- 16.72%
- 5Y*
- 12.36%
- 10Y*
- 12.13%
LDOS
- 1D
- -1.31%
- 1M
- -5.62%
- YTD
- -31.76%
- 6M
- -33.53%
- 1Y
- -16.31%
- 3Y*
- 15.32%
- 5Y*
- 4.53%
- 10Y*
- 15.01%
BKNG vs. LDOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BKNG Booking Holdings Inc. | -23.87% | 8.59% | 41.31% | 76.02% | -16.00% | 7.72% | 8.45% | 19.24% | -0.88% | 18.53% |
LDOS Leidos Holdings, Inc. | -31.76% | 26.50% | 34.52% | 4.50% | 20.04% | -14.20% | 8.95% | 88.82% | -16.72% | 29.14% |
Correlation
The correlation between BKNG and LDOS is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2006 | 0.29 |
The correlation between BKNG and LDOS shifts across timeframes, from 0.14 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BKNG:
$128.87B
LDOS:
$15.72B
BKNG:
$7.60
LDOS:
$10.92
BKNG:
21.36
LDOS:
11.25
BKNG:
0.32
LDOS:
0.09
BKNG:
4.75
LDOS:
0.92
BKNG:
$27.69B
LDOS:
$17.33B
BKNG:
$22.16B
LDOS:
$3.04B
BKNG:
$9.27B
LDOS:
$2.34B
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Return for Risk
BKNG vs. LDOS — Risk / Return Rank
BKNG
LDOS
BKNG vs. LDOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Booking Holdings Inc. (BKNG) 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.
| BKNG | LDOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.92 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | -0.43 | -0.39 |
| Martin ratioReturn relative to average drawdown | -1.58 | -1.12 | -0.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BKNG | LDOS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.86 | -0.56 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.39 | 0.17 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.55 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.23 | -0.09 |
Drawdowns
BKNG vs. LDOS - Drawdown Comparison
The maximum BKNG drawdown since its inception was -99.32%, which is greater than LDOS's maximum drawdown of -54.72%. Use the drawdown chart below to compare losses from any high point for BKNG and LDOS.
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Drawdown Indicators
| BKNG | LDOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.32% | -54.72% | -44.60% |
Max Drawdown (1Y)Largest decline over 1 year | -33.35% | -38.17% | +4.82% |
Max Drawdown (3Y)Largest decline over 3 years | -33.35% | -38.17% | +4.82% |
Max Drawdown (5Y)Largest decline over 5 years | -39.53% | -38.17% | -1.36% |
Max Drawdown (10Y)Largest decline over 10 years | -47.77% | -42.29% | -5.48% |
Current DrawdownCurrent decline from peak | -29.64% | -38.17% | +8.53% |
Average DrawdownAverage peak-to-trough decline | -47.07% | -19.67% | -27.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.16% | 14.55% | +2.61% |
Volatility
BKNG vs. LDOS - Volatility Comparison
Booking Holdings Inc. (BKNG) has a higher volatility of 9.32% compared to Leidos Holdings, Inc. (LDOS) at 7.17%. This indicates that BKNG'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
| BKNG | LDOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.32% | 7.17% | +2.15% |
Volatility (6M)Calculated over the trailing 6-month period | 26.96% | 25.18% | +1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.89% | 29.33% | +2.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.24% | 26.74% | +5.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.46% | 27.50% | +4.96% |
Dividends
BKNG vs. LDOS - Dividend Comparison
BKNG's dividend yield for the trailing twelve months is around 0.99%, less than LDOS's 1.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKNG Booking Holdings Inc. | 0.99% | 0.72% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LDOS Leidos Holdings, Inc. | 1.35% | 0.90% | 1.07% | 1.35% | 1.37% | 1.57% | 1.29% | 1.35% | 2.43% | 1.98% | 29.17% | 3.41% |
Financials
BKNG vs. LDOS - Financials Comparison
This section allows you to compare key financial metrics between Booking Holdings Inc. 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
BKNG vs. LDOS - Profitability Comparison
BKNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Booking Holdings Inc. reported a gross profit of 0.00 and revenue of 5.53B. Therefore, the gross margin over that period was 0.0%.
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%.
BKNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Booking Holdings Inc. reported an operating income of 1.27B and revenue of 5.53B, resulting in an operating margin of 23.0%.
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%.
BKNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Booking Holdings Inc. reported a net income of 1.08B and revenue of 5.53B, resulting in a net margin of 19.6%.
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
BKNG and LDOS have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BKNG has higher volatility (9.32%) compared to LDOS (7.17%). In terms of maximum drawdown, BKNG dropped -99.32% vs LDOS's -54.72%.
LDOS currently has the higher Sharpe Ratio (-0.56 vs -0.85), 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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