Science Applications International Corporation (SAIC) Stock

Science Applications International Corporation (SAIC) is a Technology stock trading at $128.09 (as of 2026-08-21), with a market capitalization of $5.42B and a trailing P/E of 13.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

SAIC provides technical, engineering, and enterprise IT services, including technology integration, IT modernization, ground and maritime systems maintenance, logistics, and training and simulation. The company supports U.S. military and federal government customers, including DoD components, NASA, and other U.S. civilian agencies, providing program support and IT infrastructure design, development, integration, deployment, and operations.

Understand Science Applications International Corporation: how it makes money

SAIC provides technical, engineering, and enterprise IT services (including systems sustainment, training and simulation, IT modernization, managed services, and cloud migration) sold to customers primarily in the United States, earning revenue from delivering end-to-end engineering and IT work plus ongoing program and operations support.

SAIC's profit engine depends on converting its pipeline and submitted proposals into contract awards, then sustaining delivery on ongoing customer programs (the company tracks booking momentum with Book-to-Bill Ratio and funding visibility with Qualified Pipeline and Submitted Proposal Outstanding).

Business quality (Mixed): Operational momentum looks supported by Book-to-Bill Ratio of 1.1 alongside a large Qualified Pipeline of $85.0B, but the business is still seeing Organic Revenue Decline Rate of 6.0%, and some Non-Recurring Software License Sale Headwind is present. Operating margin is 9.4% (gross margin 13.1%), so execution and contract mix matter.

Valuation: At 12× earnings, SAIC trades 61% below the Tech Hardware average (32×). Note: one-time items can distort reported P/E.

Bull case

  • Booking momentum: Book-to-Bill Ratio is 1.1, indicating booked work is running ahead of billings.
  • Strong forward visibility: Qualified Pipeline is $85.0B, and Submitted Proposal Outstanding is $20.0B, supporting future contract opportunities.
  • Ongoing demand in targeted areas: Third Quarter Awards total $2.0B, including notable Contract Awards (Notable Space and Intelligence Awards) of $0.63B and New Business Award in Space and Intelligence of $0.44B.

Bear case

  • Organic revenue pressure: Organic Revenue Decline Rate is 6.0%, which can offset benefits from new awards.
  • Dependence on win rates and conversion: New Business Share of Submitted Proposal Value is 10.0%, so results depend on proposal conversion and award timing.
  • Some demand headwinds: Non-Recurring Software License Sale Headwind is $0.04B, which suggests mix and timing can affect revenue.
  • Working capital risk: Days Sales Outstanding is 60.0 days, which can create cash flow pressure if collections slow.
Valuation — source: SEC EDGAR (first-party)
Price$128.09
Market Cap$5.42B
P/E Ratio13.4
EV / EBITDA12.7
Price / Book3.81
Price / Sales0.74
FCF Yield11.1%
DCF Value (model)$98.98
DCF Upside vs Price-22.7%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$7.26B
Net Margin4.9%
Revenue Growth (YoY)1.5%
EPS Growth (YoY)83.9%
FCF Growth (YoY)28.3%
Financial Health — source: SEC EDGAR
Altman Z-Score2.98 (grey)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E13.4
Sector P/E (Technology)33.9
Industry P/E (Computers)31.5
vs Sector-60.5%
vs Industry-57.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($458.50M)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorTechnology
IndustryComputers
CEOJames C. Reagan
Employees24,000
CountryUS
IPO Date2013-09-16

Related Companies (Business model: Defense & Aerospace Prime (Defense Primes + Commercial Aerospace OEMs) + IT Services / Consulting and Managed Services; 8 closest by market cap; US-domiciled)

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SAIC earnings history · SAIC institutional & insider holders · SAIC KPIs & operating metrics · SAIC financials · SAIC investor presentations & press releases · SAIC SEC filings · SAIC peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.