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) Price to free cash flow
As of 16 October 2026, Cognizant Technology Solutions Corporation (CTSH) trades at a price to free cash flow of 11.8×. Over the past ten years it has ranged from 6.9× (June 2026) to 32.4× (August 2015); the current reading is higher than 7% of that period. That is in line with the Information Technology Services industry median of 11.6× and below the Technology sector median of 20.0×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 15.2× | (27.20%) |
| FY2024 | 20.9× | 11.85% |
| FY2023 | 18.7× | 39.90% |
| FY2022 | 13.3× | (36.77%) |
| FY2021 | 21.1× | 38.31% |
| FY2020 | 15.3× | (7.29%) |
| FY2019 | 16.5× | (1.35%) |
| FY2018 | 16.7× | (15.84%) |
| FY2017 | 19.8× | (22.31%) |
| FY2016 | 25.5× | 33.57% |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 6.9× | (41.36%) |
| Mar 2026 | 11.8× | (22.05%) |
| Dec 2025 | 15.2× | 26.87% |
| Sep 2025 | 12.0× | (26.61%) |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| FISV Fiserv, Inc. compare | 6.2× |
| LDOS Leidos Holdings, Inc. compare | 7.3× |
| FIS Fidelity National Information Services, Inc. compare | 9.6× |
| CTSH Cognizant Technology Solutions Corporation | 11.8× |
| INFY American Noble Gas Inc. compare | 13.0× |
| WIT Wipro Limited compare | 15.7× |
| BR Broadridge Financial Solutions, Inc. compare | 17.0× |
| CACI CACI International, Inc. compare | 17.4× |
| CDW CDW Corporation compare | 22.2× |
| Information Technology Services industry median | 11.6× |
| Technology sector median | 20.0× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on CTSH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement