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Cognizant Technology Solutions Corporation CTSH
$ 62.31 1.96%
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Quarterly report 2025-Q3
added 07-29-2026

Cognizant Technology Solutions Corporation Financial Ratios 2025-2006 | CTSH

Brief overview of Cognizant Technology Solutions Corporation's financial ratios

The comparison uses the five latest available annual observations between 2021 and 2025.

Key multiples at the end of the period are P/E 14.47x (median 18.19x), EV/EBITDA 14.53x (median 13.92x), P/S 1.53x (median 2x). The combined multiple level is about 23.5% below the company's historical norm, suggesting more cautious expectations.

The 1/P/E calculation produces a 6.9% earnings yield. It does not capture future growth or capital structure.

Capital efficiency is characterized by ROE 14.9%, ROA 10.8%, ROCE 22.6%. Overall capital returns are high. The business uses resources efficiently and provides strong fundamental support for its valuation.

On PEG (1.33x), the market prices growth without an obvious discount or excessive premium.

A longer cycle, from 53.7 days to 65 days, indicates slower release of cash from operations.

Overall picture

Cognizant Technology Solutions Corporation's multiples are below five-year reference levels despite strong quality metrics, providing valuation cushion but not eliminating hidden risks.

Annual Financial Ratios Cognizant Technology Solutions Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006

P/E

14.5 19.5 18.2 15.2 21.2 28.3 19.0 19.3 30.7 21.0 23.8 22.9 24.2 22.4 24.4 10.1 7.3 11.6 16.1 -

P/S

1.5 2.2 2.0 1.8 2.5 2.4 2.1 2.5 3.1 2.4 3.1 3.2 3.4 3.2 3.5 - - - - -

EPS

4.6 4.5 4.2 4.4 4.1 2.6 3.3 3.6 2.5 2.6 2.7 2.4 2.0 1.7 2.9 2.4 1.8 1.5 1.2 -

EV (Enterprise Value)

36 B 47.1 B 41.3 B 38.2 B 49.5 B 42.8 B 37.5 B 44 B 48.7 B 34.1 B 40.2 B 34.9 B 29.6 B 23.6 B 21.8 B 6.85 B 3.48 B 4.68 B 5.29 B -266 M

EBITDA per Share

8.07 6.92 6.42 6.83 6.45 4.95 5.68 5.6 4.87 4.36 4.05 3.43 3.06 2.51 2.07 3.23 2.41 2.04 1.51 -

EV/EBITDA

9.2 13.7 12.7 10.8 14.5 13.9 10.4 12.3 15.6 11.9 15.3 15.6 14.9 14.5 16.1 7.0 4.9 7.9 12.1 -

PEG

1.33 3.9 4.86 1.91 2.33 6.18 -2.21 0.46 -39.24 -5.09 1.88 1.39 1.46 1.12 1.26 - - - - -

P/B

2.1 3.0 2.9 2.8 3.8 3.6 3.2 3.6 4.3 3.0 4.2 4.3 4.9 4.8 5.4 2.1 1.5 2.5 - -

P/CF

11.2 20.6 16.6 13.6 18.2 11.9 16.6 18.3 21.7 24.7 20.5 26.1 25.6 28.0 36.7 9.7 5.8 11.7 16.3 -

ROE %

14.85 15.55 16.07 18.60 17.82 12.85 16.71 18.39 14.10 14.48 17.50 18.59 20.02 21.66 22.35 20.46 20.16 21.92 23.85 -

ROA %

10.78 11.22 11.50 12.83 11.97 8.23 11.37 13.20 9.88 10.89 12.43 12.28 14.97 16.12 16.04 16.01 16.03 18.14 - -

ROCE %

22.57 20.07 20.33 24.11 23.57 19.51 20.20 21.32 20.04 19.33 20.69 20.65 26.08 26.47 26.44 24.04 23.31 26.29 25.99 -

Current Ratio

3.6 3.6 3.5 3.2 3.0 2.8 2.6 3.1 3.2 3.6 2.9 2.6 3.5 3.5 3.4 4.6 4.9 5.8 - -

DSO

73.5 73.1 72.1 69.1 65.5 69.5 70.8 73.7 79.4 78.6 77.1 81.6 77.4 76.0 78.6 - - - - -

DPO

8.5 9.5 10.0 10.6 11.8 10.7 8.2 8.0 8.4 7.9 8.1 8.7 7.9 9.3 7.4 - - - - -

Operating Cycle

73.5 73.1 72.1 69.1 65.5 69.5 70.8 73.7 79.4 78.6 77.1 81.6 77.4 76.0 78.6 - - - - -

Cash Conversion Cycle

65.0 63.6 62.0 58.5 53.7 58.8 62.6 65.7 71.0 70.7 69.0 72.9 69.5 66.7 71.2 - - - - -

All numbers in USD currency

Quarterly Financial Ratios Cognizant Technology Solutions Corporation

2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2 2010-Q1 2009-Q3 2009-Q2

EPS

1.39 - 0.56 1.31 1.34 1.17 1.14 1.1 1.04 0.92 - - - 1.11 1.07 - 1.04 0.97 0.95 - 0.64 0.67 0.67 0.72 0.9 0.9 0.77 1.12 0.82 0.78 0.89 -0.03 0.84 0.8 0.92 0.69 0.73 0.42 0.73 0.7 0.65 0.69 0.63 0.6 0.58 0.61 0.57 0.54 0.53 0.5 0.47 0.93 0.93 0.83 0.8 0.79 0.75 0.68 0.69 0.68 0.57 0.51 0.47 0.48

EBITDA per Share

2.06 - 2.63 2.22 2 2.29 1.96 1.67 2.19 1.4 - - - 1.74 1.65 - 1.66 1.6 1.53 - 1.87 1.37 1.31 1.38 1.93 1.57 1.17 1.41 1.92 1.56 1.38 1.12 1.64 1.38 1.11 0.92 1.42 1.27 1.06 1.05 1.29 1.16 0.94 0.89 0.99 0.96 0.83 1.63 0.94 0.85 0.68 1.31 1.57 1.34 1.17 1.12 1.26 1.08 0.97 1.02 0.86 0.71 0.63 0.59

ROE %

14.90 10.51 14.54 16.77 16.60 16.22 15.78 16.29 17.07 17.70 18.82 14.24 14.24 18.81 18.56 13.86 17.07 15.69 14.51 9.93 13.51 14.81 16.10 16.71 18.80 18.47 17.84 18.39 12.55 13.01 13.43 14.10 18.14 17.64 15.59 14.48 15.17 15.31 17.49 17.50 17.62 17.94 18.22 18.60 19.19 19.81 19.90 20.02 20.48 20.97 21.27 21.66 21.99 22.03 22.10 22.35 22.33 22.24 22.23 22.57 22.75 5.25 5.61 6.23

ROA %

10.68 7.45 10.49 12.10 8.90 11.80 11.49 11.68 11.87 12.01 9.43 9.43 9.43 9.43 12.46 9.23 11.29 10.26 9.39 6.36 8.80 9.81 10.81 11.37 13.02 12.95 12.67 13.22 9.01 9.27 9.49 9.88 12.92 12.78 11.46 10.89 11.22 11.14 12.59 12.43 12.35 12.34 12.30 12.35 13.17 14.07 14.59 15.10 15.39 15.71 15.88 16.12 16.20 16.08 16.00 16.04 16.48 16.93 17.47 18.28 18.76 4.32 4.59 5.28

ROCE %

22.48 16.88 21.99 21.27 21.08 20.68 20.04 21.31 22.20 23.19 18.72 18.72 18.72 24.93 24.63 18.59 24.15 22.15 21.28 15.22 20.90 21.40 22.71 22.26 22.64 23.09 23.34 24.52 24.61 24.16 23.98 23.25 22.33 21.69 21.52 21.34 22.07 22.49 22.86 23.09 23.32 23.38 23.80 24.35 25.46 26.67 27.33 27.35 27.39 27.58 27.46 28.05 28.50 28.59 28.59 28.75 27.74 27.09 26.61 26.53 26.44 6.34 6.64 6.69

Current Ratio

3.8 3.6 3.8 4.1 - 3.5 4.0 3.7 3.5 3.5 - 3.2 - - 3.2 3.0 3.0 3.0 3.0 2.8 2.8 2.8 2.8 3.1 3.1 3.1 3.1 3.6 3.5 3.5 3.5 3.3 3.3 3.3 3.3 4.0 4.0 4.0 4.0 3.5 3.5 3.5 3.5 3.1 3.0 3.0 3.0 4.1 4.1 4.1 4.1 3.9 3.9 3.9 3.9 3.5 3.5 3.5 3.5 4.8 5.2 5.6 5.5 6.6

DSO

76.3 - 74.1 38.3 37.5 74.0 73.3 73.1 70.5 35.1 - - - 34.1 68.3 - 66.6 66.2 65.5 - 66.4 70.4 68.5 69.3 69.9 71.8 71.6 71.2 72.9 74.2 71.4 68.3 69.4 71.2 69.8 67.4 67.5 69.2 68.5 63.6 64.5 66.6 66.2 65.5 69.6 71.4 68.1 63.9 65.2 69.6 67.6 63.0 64.9 68.4 67.3 64.7 67.2 72.4 69.8 - - - - -

DPO

8.4 - 7.2 3.7 4.1 8.3 8.4 8.9 9.1 4.5 - - - 5.8 11.1 - 10.9 11.2 12.2 - 13.4 13.6 10.4 7.9 8.1 8.3 8.0 7.7 7.9 8.1 8.1 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Cycle

76.3 - - - - - - - - - - - - 34.1 68.3 - 66.6 66.2 65.5 - 66.4 70.4 68.5 69.3 69.9 71.8 71.6 71.2 72.9 74.2 71.4 68.3 69.4 71.2 69.8 67.4 67.5 69.2 68.5 63.6 64.5 66.6 66.2 65.5 69.6 71.4 68.1 63.9 65.2 69.6 67.6 63.0 64.9 68.4 67.3 64.7 67.2 72.4 - - - - - -

Cash Conversion Cycle

67.8 - - - - - - - - - - - - 28.3 57.1 - 55.8 55.0 53.3 - 53.0 56.9 58.1 61.4 61.8 63.5 63.5 63.5 65.0 66.1 63.3 68.3 69.4 71.2 69.8 67.4 67.5 69.2 68.5 63.6 64.5 66.6 66.2 65.5 69.6 71.4 68.1 63.9 65.2 69.6 67.6 63.0 64.9 68.4 67.3 64.7 67.2 72.4 - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Cognizant Technology Solutions Corporation, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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