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Science Applications International Corporation (SAIC)

NASDAQ / Technology / Information Technology Services

Share price

133.31 USD Market dataClose of Oct 15, 2026

Market capitalisation

5.58B USD Market dataClose of Oct 15, 2026
Market data
Oct 15, 2026
Filed accounts
FY2026, filed Mar 16, 2026
Ratios computed
Oct 15, 2026
Filed years
13, FY2013 to FY2026
Four kinds of sourceSEC filingCompany statementMarket dataComputedWhat each means
SEC filingFiled with the SEC
Read from a statement the company filed with the SEC, with the form, fiscal year, filing date and accession beside it.
Company statementCompany statement
What the company says about itself in a filing: an 8-K item, the auditor, its own segment names.
Market dataMarket data
Prices, market value and what analysts publish, with the date they are as of.
ComputedComputed by ValueScreener
Worked out by us from the other three, with the inputs and the formula one press away. A score is a research output, not a rating or a recommendation.
Reading

1 of 10

Overview

What the business is, what it costs, and how it reads on four questions.

Market dataSEC filingComputed

Four questions, at a glance

Quality

Return on invested capital, after tax

12.0% Computed

From the FY2026 filing

Read quality

Valuation

Price to earnings

17.25x Computed

FY2026 accounts, priced at the latest close

Read valuation

Cash generation

Free cash flow yield

9.3% Computed

FY2026 accounts, priced at the latest close

Read cash generation

Revenue and net income, as filed

FY2017 Revenue: 4.44B USDFY2017 Net income: 143.0M USDFY2018 Revenue: 4.45B USDFY2018 Net income: 179.0M USDFY2019 Revenue: 4.66B USDFY2019 Net income: 137.0M USDFY2020 Revenue: 6.38B USDFY2020 Net income: 226.0M USDFY2021 Revenue: 7.06B USDFY2021 Net income: 209.0M USDFY2022 Revenue: 7.39B USDFY2022 Net income: 277.0M USDFY2023 Revenue: 7.70B USDFY2023 Net income: 300.0M USDFY2024 Revenue: 7.44B USDFY2024 Net income: 477.0M USDFY2025 Revenue: 7.48B USDFY2025 Net income: 362.0M USDFY2026 Revenue: 7.26B USDFY2026 Net income: 358.0M USD
Revenue Net income10 filed fiscal years, from the annual reports; the table in Filings names each document.
Named tests met
4 of 30 Which tests
The business, and the score behind its five axes

The reading, in brief

Is it cheap

Price to earnings is 17.25x at the close of 2026-10-15 on FY2026 figures; the lines are 15.00x (Graham's defensive ceiling) and, by market convention, 10.00x, 25.00x and 40.00x, and this sits between 15.00x and 25.00x.

Today, against the Information Technology Services industry (41 companies), 17.25x sits at the 40th percentile; the middle half of that group runs from 13.31x to 25.20x.

Is it good

Return on invested capital was 12.0% in FY2026, in the band labelled "Around the cost of capital" (8.0% to 12.0%), on lines anchored on Damodaran's cost-of-capital data.

Today, against the Technology sector (220 companies), 12.0% sits at the 61st percentile; the middle half of that group runs from 1.2% to 17.5%.

Is it safe

Net debt to EBITDA was 4.58x in FY2026, in the band labelled "High, covenant territory" (4.00x and above), on lines set by credit-analyst convention, suggesting debt in the range lenders write covenants around.

No peer distribution is published for net debt to EBITDA today; the year-by-year comparison uses the filed annual figures.

Year by year against peers
Whether Science Applications International Corporation's return on invested capital stayed above the median of the Technology sector, year by year. (FY2024 to FY2026, 3 fiscal years of Science Applications International Corporation with a comparable figure)
The direction
Which way Science Applications International Corporation's return on invested capital has moved, and how steadily. (FY2017 to FY2026, 10 filed years of Science Applications International Corporation)
What could explain it
What in Science Applications International Corporation's filed statements could explain the movements. (9 readings drawn from the statement lines Science Applications International Corporation filed)
What to check next
What to check next on Science Applications International Corporation, and where in its filings. (3 questions for Science Applications International Corporation)
In one paragraph
One paragraph on Science Applications International Corporation's returns, cash, balance sheet and price. (15 of sixteen figures read for Science Applications International Corporation)

These are SAIC’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.

Research SAICPart of Serious. New accounts start with 30 days of Professional, free, no card.

2 of 10

What changed

The newest filing, what it moved, and when the next one is due.

SEC filingCompany statement

The newest accounts on file are the FY2026 annual report: 10-K, filed Mar 16, 2026, accession 0001571123-26-000029.

3 of 10

Quality

The returns the business earns on its capital, and the margins behind them.

SEC filingComputed

Science Applications International Corporation: returns on capital and margins, each with its source
FigureValue, source and document
Return on invested capital, after tax12.0% ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Return on equity23.9% ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Return on capital employed, pre-tax11.9% ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Return on assets6.7% ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Gross margin12.0% ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Operating margin7.2% ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Net margin4.9% ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
SAIC 4.9%
KD 1.3%WAY 10.2%NIQ -8.4%INGM 0.6%FLYW 2.2%
-8.4%10.2%
Net margin: SAIC against the 5 companies named under Valuation context, each as filed for its own latest year. Placement only: no average is drawn.

4 of 10

Financial strength

What it owes against what it owns, and whether it can meet what falls due.

SEC filingComputedCompany statement

Science Applications International Corporation: leverage, liquidity and distress, each with its source
FigureValue, source and document
Debt to equity1.80 ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Current ratio1.20 ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Quick ratio1.20 ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Interest coverage
Why n/a

No interest expense is filed for this year, so coverage is not computed.

n/a ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Altman Z-score3.08 ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Net debt2.52B ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Total assets 5.35BTotal liabilities 3.85BShareholders' equity 1.50BOwnsOwes, and equity
Total assets Total liabilities Shareholders’ equity
The balance sheet, line by line

Financial health

What Science Applications International Corporation owned and owed at the end of fiscal 2026, from the balance sheet it filed (10-K, filed Mar 16, 2026, 0001571123-26-000029).

Science Applications International Corporation: balance sheet position
Total assets5.35B FiledFY2026 10-K, filed Mar 16, 2026
Total liabilities3.85B FiledFY2026 10-K, filed Mar 16, 2026
Shareholders' equity1.50B FiledFY2026 10-K, filed Mar 16, 2026
Cash182.0M FiledFY2026 10-K, filed Mar 16, 2026
Total debt2.71B FiledFY2026 10-K, filed Mar 16, 2026
Net debt2.52B
Current ratio1.20
Debt to equity1.80
  • Interest cover: FY2026: No interest expense is filed for this year, so coverage is not computed.

Read from the filed balance sheet for each year, with the income statement of the same year supplying operating profit where a ratio needs it. Nothing here is a view on whether this company is sound.

5 of 10

Valuation context

What the market charges for it, against its own record and companies like it.

Market dataSEC filingComputed

Science Applications International Corporation: what the market charges, each with its source
FigureValue, source and document
Price to earnings17.25x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
P/E on trailing twelve months15.54x ComputedClose of Oct 15, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings
Price to book4.13x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Price to sales0.85x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Enterprise value to EBIT16.74x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Enterprise value to EBITDA15.83x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Price to earnings over growth1.04 ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Diluted earnings per share7.70 USD FiledFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Graham number74.90 USD ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029

We publish no fair value or price target of our own. Value SAIC on your own assumptions in the DCF workbench, starting from the filed figures.

Its own record, and companies like it

Valuation

What the market charges for Science Applications International Corporation today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.

Science Applications International Corporation: valuation
Share price133.31 USD
Market capitalisation5.58B USD
Enterprise value to EBITDA15.83x
Graham number74.90 USD
Diluted earnings per share, FY20267.70 USD

Price to earnings on trailing twelve months, a different basis from the fiscal-year P/E above, since Oct 3, 2016: low 10.32x, median 19.95x, high 37.50x, latest 15.54x. 2,520 trading days with a meaningful ratio. Each close over the trailing twelve months of earnings as known that day: a quarter counts from the day it was filed.

Companies like Science Applications International Corporation

  1. Kyndryl Holdings, Inc. (KD)Market cap 2.87B USD
  2. Waystar Holding Corp. (WAY)Market cap 5.42B USD
  3. NIQ Global Intelligence Plc (NIQ)Market cap 5.59B USD
  4. Ingram Micro Holding Corporation (INGM)Market cap 6.21B USD
  5. Flywire Corporation (FLYW)Market cap 2.35B USD

Same industry (Information Technology Services) and size band (Mid, 2B to 10B), nearest in market value, net margin and current ratio. Each of those counts equally, by how many of the companies considered sit between the two on it. Closest first: the order is likeness and nothing else.

6 of 10

Cash generation

Whether profit arrives as cash, and what is paid back to shareholders.

SEC filingComputed

Science Applications International Corporation: cash generation and what is paid out, each with its source
FigureValue, source and document
Free cash flow yield9.3% ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Free cash flow577.0M USD ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Free cash flow margin8.0% ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Dividend yield1.1% ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Payout ratio19.6% ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
FY2017 Free cash flow: 258.0M USDFY2017 Net income: 143.0M USDFY2018 Free cash flow: 195.0M USDFY2018 Net income: 179.0M USDFY2019 Free cash flow: 156.0M USDFY2019 Net income: 137.0M USDFY2020 Free cash flow: 437.0M USDFY2020 Net income: 226.0M USDFY2021 Free cash flow: 709.0M USDFY2021 Net income: 209.0M USDFY2022 Free cash flow: 482.0M USDFY2022 Net income: 277.0M USDFY2023 Free cash flow: 507.0M USDFY2023 Net income: 300.0M USDFY2024 Free cash flow: 369.0M USDFY2024 Net income: 477.0M USDFY2025 Free cash flow: 458.0M USDFY2025 Net income: 362.0M USDFY2026 Free cash flow: 577.0M USDFY2026 Net income: 358.0M USD
Free cash flow Net incomeProfit that arrives as cash stands level with net income; a gap year after year is worth reading about.

7 of 10

Filings

Every figure, the year it is for and the document it was read from.

SEC filingMarket data

The filed figures

Computed from the accounts this company filed with the SEC and, in a ratio with a price in it, the last close, dated on this page. Every filed figure below carries the fiscal year and the filing date its accounts were read from, and every blank carries the reason it is blank. Nothing here is a view on this company.

Science Applications International Corporation: the eight ratios, with the fiscal year and filing date behind each.
FigureValueYearAs of
17.25xFY2026Oct 15, 2026
4.13xFY2026Oct 15, 2026
16.74xFY2026Oct 15, 2026
9.3%FY2026Oct 15, 2026
12.0%FY2026Mar 16, 2026
1.1%FY2026Oct 15, 2026
1.80FY2026Mar 16, 2026
1.20FY2026Mar 16, 2026
0.85xFY2026Oct 15, 2026
1.04FY2026Oct 15, 2026
3.08FY2026Oct 15, 2026
-2.40FY2026Mar 16, 2026
6/9FY2026Mar 16, 2026

The figures are computed from the accounts for fiscal 2026, the newest full year on file. 13 filed fiscal years on record, FY2013 to FY2026, from SEC EDGAR. Prices as of Oct 15, 2026. Ratios recomputed Oct 15, 2026. Two facts, because a recompute is not a fresh quote.

The year and the filing date name the statement each figure’s accounts are read from, and they stand even where the figure itself could not be computed: the line beneath a blank says what that statement did not carry. A figure’s name opens its formula and the filings behind it; a statement that names no SEC filing has no filing date, and reads n/a.

Ten years of filed figures, year by year

Ten years of filed figures

10 filed fiscal years, FY2017 to FY2026, read from the annual reports Science Applications International Corporation filed with the SEC. Each year names its filing. Amounts in USD, as filed.

Science Applications International Corporation: revenue, earnings, free cash flow and returns, by fiscal year, with the filing each year was read from
YearRevenueOperating incomeNet incomeEPS, dilutedFree cash flowOperating marginReturn on equityFiling
FY20267.26B521.0M358.0M7.70577.0M7.2%23.9%10-K, Mar 16, 20260001571123-26-000029
FY20257.48B563.0M362.0M7.17458.0M7.5%22.9%10-K, Mar 17, 20250001571123-25-000022
FY20247.44B741.0M477.0M8.88369.0M9.9%26.7%10-K, Mar 20, 20240001571123-24-000045
FY20237.70B501.0M300.0M5.38507.0M6.5%17.7%10-K, Apr 3, 20230001571123-23-000031
FY20227.39B462.0M277.0M4.77482.0M6.3%17.1%10-K, Mar 28, 20220001571123-22-000007
FY20217.06B390.0M209.0M3.56709.0M5.5%13.6%10-K, Mar 26, 20210001571123-21-000015
FY20206.38B370.0M226.0M3.83437.0M5.8%15.9%10-K, Mar 27, 20200001571123-20-000013
FY20194.66B220.0M137.0M3.11156.0M4.7%9.2%10-K, Mar 29, 20190001571123-19-000004
FY20184.45B256.0M179.0M4.02195.0M5.8%54.7%10-K, Mar 29, 20180001571123-18-000010
FY20174.44B263.0M143.0M3.12258.0M5.9%41.0%10-K, Mar 30, 20170001564590-17-005636
  • Revenue, compound annual growth FY2017 to FY2026: 5.6%
  • Earnings, compound annual growth FY2017 to FY2026: 10.7%
  • Earnings per share, compound annual growth FY2017 to FY2026: 10.6%
  • Free cash flow, compound annual growth FY2017 to FY2026: 9.4%

Every figure in this section is a line of a filed annual statement or a ratio of two of them. Nothing here is estimated or smoothed. Earnings per share filed before a share split are put on today's share count, and say so. Nothing here is a verdict on the company.

8 of 10

Risks and guardrails

The accounting screens, the published tests, and the lines you can set to be told.

ComputedCompany statement

Science Applications International Corporation: accounting screens and published tests, each with its source
FigureValue, source and document
Beneish M-score-2.40 ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Piotroski F-score6/9 ComputedFY2026 10-K, filed Mar 16, 2026, 0001571123-26-000029
Named tests met4 of 30 Computed
Beta0.37 ComputedClose of Oct 15, 2026

The named tests

Of 30 tests value investors published: 4 met, 26 not met, 0 we could not complete. Counts, never a score: a single figure would have to decide that meeting one investor’s criteria and meeting another’s are worth the same.

Which tests, by name(all 30)
Meets
ROIC at or above WACC; High return on tangibles; Cash-covered dividend; Cash-flow yield and ROIC
Does not
Defensive investor (Benjamin Graham); Deep value; Large cap, low P/E; Earnings yield and ROIC (Joel Greenblatt); High F-score, low P/B (Joseph Piotroski); Three forensic scores; Low PEG, low debt (Peter Lynch); High returns and growth; Gross margin, turnover (Robert Novy-Marx); EV/EBITDA and coverage; High yield, low payout; Dividends and buybacks; Low beta, profitable; Near the 52-week low; Z-score and coverage (Edward Altman); Two thirds of NCAV (Benjamin Graham); P/E times P/B (Benjamin Graham); High returns, low debt; Owner earnings yield; Low P/S, rising earnings (James O'Shaughnessy); Book or below, low debt (Walter Schloss); Tangible book or below; Clean books, high ROIC; Cheapest quarter on P/E (David Dreman); Cheapest quarter on P/B (David Dreman); Low P/E, growth, yield (John Neff)
Figures we could not read(2)
  • Interest Coverage: No interest expense is filed for this year, so coverage is not computed.
  • Price Tangible Book: We do not hold this figure for this company, so there is nothing to show.

9 of 10

Declared positions

Whether anybody here owns this company.

Positions declared by the founder: no holding in any company shown here, as of October 3, 2026.

10 of 10

Next step

What to do with what you have read.

A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.

More on this company

What this cannot tell you

  • 2 figures could not be read on this company: Interest Coverage, Price Tangible Book.

And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.

Running this once is arithmetic on public documents and you are welcome to it. Writing down why you own each company, in your own words and with the numbers that have to stay true for it to hold, and then having those numbers re-checked every night against the newest filed accounts, and against the latest close where a rule watches a price, is Professional, the plan a new account starts on for 30 days, one trial per person. It writes to you the day one breaks, and stays quiet when nothing does. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published.

No card. 30 free days, and nothing is charged unless you choose a plan.

Analyze your own portfolio

ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Once a week, what changed in the filings of US-listed companies, why it can matter to a thesis, and what deserves a closer review. Grounded in filings, not market noise.

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Risk disclaimer. This service is provided for research and education only. Nothing on it is investment advice, a recommendation, or an offer to buy or sell any security. Capital is at risk, and past performance does not indicate future results. Figures come from filed accounts and may be incomplete, delayed or later restated, so verify a number against the filing before you act on it.