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.

66.03 0.26 +0.40%
Market cap
$29.6B
P/E
14.2×
Fwd P/E
9.8×
Dividend yield
1.97%
F-score
7/9
Altman Z
7.11
Beneish M
−2.50
Dividend safety
96/100

Cognizant Technology Solutions Corporation (CTSH) Price to free cash flow

Alert me on 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

Against its own ten years

Low 6.9× High 32.4×
Ten-year median 18.4×
Current reading's percentile 7

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)))

The full definition of Price to free cash flow →

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