Science Applications International
SAIC on Nasdaq. Science Applications International sells engineering and information technology services to U.S. government agencies. Market value $5.3bn.
Price checks use the past 12 months to July 2026. Quality checks use five annual reports, the latest for the year to January 2026.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Industrials stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $11.86 of spare cash in the past 12 months. A savings account pays about $4.
You pay 12.8 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 11 cents a year. Above 10 is good.
Quality score: 59 of 100. Price score: 98 of 100. Our list needs 70 on quality and 60 on price.
$124.59 a share, 54% above its 1-year low
Over the past year the price has ranged from $81.08 to $142.66.
Dividend: 1.3% a year
Paid every year for at least 5 years
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $7.4bn | $7.7bn | $7.4bn | $7.5bn | $7.3bn |
| Operating margin | |||||
| Operating margin | 6.2% | 6.5% | 10.0% | 7.5% | 7.2% |
| Debt to equity | |||||
| Debt to equity | 1.56 | 1.40 | 1.18 | 1.41 | 1.66 |
| Shares outstanding | |||||
| Shares outstanding | 0.05bn | 0.05bn | 0.05bn | 0.05bn | 0.04bn |
Health checks
- Free cash flow positive5 of 5 years
- Accounting looks honest (Beneish)Nothing unusual
- Financial strength (Piotroski)7 of 9
- Profit backed by cash (accruals)Yes
- Debt1.66× equity
- Revenue growth, five yearsSlow, 0.6% a year
- Buying back its own sharesYes, 23% fewer since 2022
The quarter to July 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $1.9 billion last quarter, up 6% on a year ago.
- Profit: $102 million, down 20% on a year ago.
- It keeps 8 cents of each $1 of sales as operating profit, up from 7 cents a year earlier.
- Spare cash over the past 12 months: $619 million, up from $441 million.
- 9% fewer shares than a year ago. Each share owns a bit more of the company.
- Debt is $2.4 billion more than cash, up from $2.2 billion a year ago.
- Sales grew on a year ago in 2 of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| October 2024 | $2.0bn |
| January 2025 | $1.8bn |
| April 2025 | $1.9bn |
| July 2025 | $1.8bn |
| October 2025 | $1.9bn |
| January 2026 | $1.8bn |
| April 2026 | $1.9bn |
| July 2026 | $1.9bn |
| Quarter to | Amount |
|---|---|
| October 2024 | $106m |
| January 2025 | $98m |
| April 2025 | $68m |
| July 2025 | $127m |
| October 2025 | $78m |
| January 2026 | $85m |
| April 2026 | $115m |
| July 2026 | $102m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 16 March 2026
- Next quarterly (estimated, 10-Q)
- 30 November 2026
Who owns it
5 long-term investors we follow own it, unchanged from 5 last quarter. 432 funds in all.
- LSV Asset ManagementJosef Lakonishok
- Value
- $174m
- Share of fund
- 0.3%
- Hotchkis & WileyHotchkis & Wiley team
- Value
- $13m
- Share of fund
- <0.1%
- Horizon KineticsMurray Stahl
- Value
- $6m
- Share of fund
- <0.1%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| LSV Asset ManagementJosef Lakonishok | $174m | 0.3% | |
| Boston PartnersBoston Partners team | $76m | <0.1% | Added |
| Gotham Asset ManagementJoel Greenblatt | $20m | <0.1% | Added |
| Hotchkis & WileyHotchkis & Wiley team | $13m | <0.1% | |
| Horizon KineticsMurray Stahl | $6m | <0.1% |
Largest holders overall
- BlackRock$489mCut
- Fuller & Thaler Asset Management$326mAdded
- Vanguard Portfolio Management$252mCut
- Vanguard Capital Management$215mCut
- AQR Capital Management$201mCut
- Dimensional Fund Advisors LP$188mAdded
- First Trust Advisors LP$185mAdded
- Invesco$180mAdded
- LSV Asset Management$174m
- State Street$160m
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
6 investors own more than 5%.
- BlackRock, Inc.Passive investor10.1%Since 31 March 2026
- Fuller & Thaler Asset Management, Inc.Passive investor7.0%+1.2 ptsSince 30 June 2026
- Vanguard Portfolio ManagementPassive investor5.5%Since 31 March 2026
- Vanguard Capital ManagementPassive investor5.4%Since 31 March 2026
- FMR LLCPassive investorat least 4.7%−1.8 pts(filed with 1 related holder)Since 31 December 2025
- Wellington Management Group LLPPassive investorat least 3.5%(filed with 2 related holders)Since 31 December 2024
- Boston PartnersPassive investorSold down below 5%Since 31 December 2024
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
BlackRock, Inc. Passive investor | 10.1% | 31 March 2026 | |
Fuller & Thaler Asset Management, Inc. Passive investor | 7.0%+1.2 pts | 30 June 2026 | |
Vanguard Portfolio Management Passive investor | 5.5% | 31 March 2026 | |
Vanguard Capital Management Passive investor | 5.4% | 31 March 2026 | |
FMR LLC Passive investor | at least 4.7%−1.8 pts (filed with 1 related holder) | 31 December 2025 | |
Wellington Management Group LLP Passive investor | at least 3.5% (filed with 2 related holders) | 31 December 2024 | |
Boston Partners Passive investor | Sold down below 5% | 31 December 2024 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 6 insiders bought $488,462 of shares on the open market.
- Cush C. DavidDirectorBought
- Date
- 22 September 2026
- Shares
- 1,000
- Price
- $132.50
- Value
- $132,500
- Attili SrinivasEVP, CivilianBought
- Date
- 9 April 2026
- Shares
- 100
- Price
- $94.96
- Value
- $9,496
- Attili SrinivasEVP, CivilianBought
- Date
- 31 December 2025
- Shares
- 100
- Price
- $101.26
- Value
- $10,126
- DiFronzo Vincent P.EVP,-Air Force & Comb CommandsBought
- Date
- 23 December 2025
- Shares
- 150
- Price
- $102.89
- Value
- $15,434
- Hageman HilaryEVP General Counsel, SecretaryBought
- Date
- 16 December 2025
- Shares
- 100
- Price
- $100.21
- Value
- $10,021
- REAGAN JAMESInterim CEO, DirectorBought
- Date
- 16 December 2025
- Shares
- 1,000
- Price
- $100.17
- Value
- $100,170
- Natarajan PrabuEVP, Chief Financial OfficerBought
- Date
- 16 December 2025
- Shares
- 2,000
- Price
- $100.49
- Value
- $200,980
- Attili SrinivasEVP, CivilianBought
- Date
- 10 October 2025
- Shares
- 100
- Price
- $97.35
- Value
- $9,735
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 22 September 2026 | Cush C. David Director | Bought | 1,000 | $132.50 | $132,500 |
| 9 April 2026 | Attili Srinivas EVP, Civilian | Bought | 100 | $94.96 | $9,496 |
| 31 December 2025 | Attili Srinivas EVP, Civilian | Bought | 100 | $101.26 | $10,126 |
| 23 December 2025 | DiFronzo Vincent P. EVP,-Air Force & Comb Commands | Bought | 150 | $102.89 | $15,434 |
| 16 December 2025 | Hageman Hilary EVP General Counsel, Secretary | Bought | 100 | $100.21 | $10,021 |
| 16 December 2025 | REAGAN JAMES Interim CEO, Director | Bought | 1,000 | $100.17 | $100,170 |
| 16 December 2025 | Natarajan Prabu EVP, Chief Financial Officer | Bought | 2,000 | $100.49 | $200,980 |
| 10 October 2025 | Attili Srinivas EVP, Civilian | Bought | 100 | $97.35 | $9,735 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
- Sales have barely grown: 0.6% a year.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.