Cognizant Technology Solutions Corporation
CTSH Technology Information Technology Services
Cognizant Technology Solutions Corporation’s revenue for fiscal 2025 (year ended December 2025) was $21.1 billion, up 6.95% from fiscal 2024. In the quarter to June 2026, revenue grew 4.50%, EPS grew 3.82%, free cash flow grew 38.7% and total debt rose 173.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.
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Cognizant Technology Solutions Corporation (CTSH) Debt to equity
Cognizant Technology Solutions Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.1×, up 0.1× from fiscal 2025 (0.0×). Over the past ten years it has ranged from 0.0× (fiscal 2025) to 0.1× (fiscal 2015) — the current reading is the lowest in ten years. That is below the Information Technology Services industry median of 0.5× and above the Technology sector median of 0.1×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.0× | (40.36%) |
| FY2024 | 0.1× | 32.53% |
| FY2023 | 0.0× | (11.58%) |
| FY2022 | 0.1× | (0.77%) |
| FY2021 | 0.1× | (14.71%) |
| FY2020 | 0.1× | (3.62%) |
| FY2019 | 0.1× | (1.40%) |
| FY2018 | 0.1× | (1.53%) |
| FY2017 | 0.1× | (11.98%) |
| FY2016 | 0.1× | (21.38%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 0.1× | 197.46% |
| Mar 2026 | 0.0× | (1.93%) |
| Dec 2025 | 0.0× | (2.16%) |
| Sep 2025 | 0.0× | 1.09% |
| 42 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| INFY American Noble Gas Inc. compare | 0.0× |
| CTSH Cognizant Technology Solutions Corporation | 0.1× |
| WIT Wipro Limited compare | 0.2× |
| FISV Fiserv, Inc. compare | 1.0× |
| FIS Fidelity National Information Services, Inc. compare | 1.1× |
| CACI CACI International, Inc. compare | 1.1× |
| LDOS Leidos Holdings, Inc. compare | 1.1× |
| BR Broadridge Financial Solutions, Inc. compare | 1.1× |
| CDW CDW Corporation compare | 2.4× |
| Information Technology Services industry median | 0.5× |
| Technology sector median | 0.1× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
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- P/E ratio
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- EV/Sales
- EV/FCF
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