Cognizant Financial Statements From 2010 to 2024

CTSH Stock  USD 68.20  0.76  1.13%   
Cognizant Technology financial statements provide useful quarterly and yearly information to potential Cognizant Technology Solutions investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Cognizant Technology financial statements helps investors assess Cognizant Technology's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Cognizant Technology's valuation are summarized below:
Gross Profit
B
Profit Margin
0.1099
Market Capitalization
33.6 B
Enterprise Value Revenue
1.7135
Revenue
19.4 B
We have found one hundred twenty available fundamental signals for Cognizant Technology Solutions, which can be analyzed and compared to other ratios and to its rivals. Traders should compare all of Cognizant Technology Solutions prevailing fundamentals against the fundamentals between 2010 and 2024 to make sure the company is sustainable this year. The Cognizant Technology's current Market Cap is estimated to increase to about 30.3 B. The Cognizant Technology's current Enterprise Value is estimated to increase to about 29.9 B

Cognizant Technology Total Revenue

20.32 Billion

Check Cognizant Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cognizant main balance sheet or income statement drivers, such as Depreciation And Amortization of 260.9 M, Interest Expense of 43 M or Selling General Administrative of 3.5 B, as well as many exotic indicators such as Price To Sales Ratio of 1.87, Dividend Yield of 0.0174 or PTB Ratio of 2.74. Cognizant financial statements analysis is a perfect complement when working with Cognizant Technology Valuation or Volatility modules.
  
This module can also supplement Cognizant Technology's financial leverage analysis and stock options assessment as well as various Cognizant Technology Technical models . Check out the analysis of Cognizant Technology Correlation against competitors.

Cognizant Technology Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets19.4 B18.5 B13.1 B
Slightly volatile
Other Current Liabilities2.5 B2.4 B1.7 B
Slightly volatile
Total Current Liabilities3.5 B3.3 B2.5 B
Slightly volatile
Total Stockholder Equity13.9 B13.2 B9.2 B
Slightly volatile
Property Plant And Equipment Net933.8 M1.7 B1.4 B
Slightly volatile
Retained Earnings14 B13.3 B9.1 B
Slightly volatile
Accounts Payable353.9 M337 M216.5 M
Slightly volatile
Cash1.3 B1.8 B1.8 B
Slightly volatile
Non Current Assets Total11.5 B11 B6.4 B
Slightly volatile
Non Currrent Assets Other681.5 M649 M447.2 M
Slightly volatile
Cash And Short Term Investments2.3 B2.6 B3.3 B
Very volatile
Net ReceivablesB3.8 B2.7 B
Slightly volatile
Good Will6.4 B6.1 B3.2 B
Slightly volatile
Common Stock Shares Outstanding608.7 M505 M554.5 M
Pretty Stable
Liabilities And Stockholders Equity19.4 B18.5 B13.1 B
Slightly volatile
Non Current Liabilities TotalB1.9 B1.4 B
Slightly volatile
Other Current Assets1.1 BB651.7 M
Slightly volatile
Other Stockholder Equity12.8 M13.5 M221.4 M
Slightly volatile
Total Liabilities5.5 B5.3 B3.9 B
Slightly volatile
Property Plant And Equipment Gross4.7 B4.4 B1.8 B
Slightly volatile
Total Current Assets4.4 B7.5 B6.5 B
Slightly volatile
Intangible Assets1.2 B1.2 B803.4 M
Slightly volatile
Common Stock Total Equity3.5 M5.8 M4.6 M
Slightly volatile
Common Stock3.6 M5.8 M4.6 M
Slightly volatile
Other AssetsB1.9 BB
Slightly volatile
Property Plant Equipment840.9 M1.3 B1.1 B
Slightly volatile
Current Deferred Revenue225.5 M385 M272.2 M
Slightly volatile
Short Term Investments1.3 B848 M1.5 B
Pretty Stable
Short Term Debt305.6 M186 M387.5 M
Slightly volatile
Other LiabilitiesB961.4 M607.7 M
Slightly volatile
Net Tangible Assets5.7 B6.2 B5.4 B
Slightly volatile
Retained Earnings Total Equity8.9 B14.5 BB
Slightly volatile
Capital Surpluse12.8 M13.5 M263.8 M
Slightly volatile
Long Term Investments76 M80 M156.1 M
Slightly volatile
Non Current Liabilities Other515 M369 M498.3 M
Slightly volatile
Deferred Long Term Asset Charges706.4 M672.8 M409.4 M
Slightly volatile
Short and Long Term Debt Total1.5 B1.3 B1.4 B
Pretty Stable
Long Term Debt Total593.5 M574.2 M773 M
Slightly volatile
Short and Long Term Debt42.1 M33 M51.2 M
Pretty Stable
Net Invested Capital13.6 B13.9 B12.1 B
Slightly volatile
Net Working Capital3.7 B4.2 B5.3 B
Slightly volatile
Capital Stock4.1 M4.5 M5.5 M
Slightly volatile
Capital Lease Obligations727.4 M676 M919.8 M
Slightly volatile

Cognizant Technology Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization260.9 M519 M400 M
Slightly volatile
Selling General Administrative3.5 B3.3 B2.5 B
Slightly volatile
Total Revenue20.3 B19.4 B13.4 B
Slightly volatile
Gross Profit3.2 B6.2 B4.7 B
Slightly volatile
Other Operating Expenses17.2 B16.4 B11.2 B
Slightly volatile
EBIT3.1 B2.9 B2.2 B
Slightly volatile
EBITDA3.6 B3.5 B2.6 B
Slightly volatile
Cost Of Revenue13.8 B13.2 B8.4 B
Slightly volatile
Total Operating Expenses1.8 B3.2 B2.7 B
Slightly volatile
Income Before Tax2.9 B2.8 B2.2 B
Slightly volatile
Net Income2.2 B2.1 B1.6 B
Slightly volatile
Income Tax Expense369.8 M668 M571.6 M
Slightly volatile
Net Income Applicable To Common Shares2.8 B2.6 B1.6 B
Slightly volatile
Net Income From Continuing Ops1.6 B2.1 B1.6 B
Slightly volatile
Non Operating Income Net Other50.7 M81.7 M50.7 M
Pretty Stable
Tax Provision589.5 M666 M661.4 M
Slightly volatile
Interest Income84.6 M119 M76.9 M
Slightly volatile
Net Interest Income74.3 M81 M92.9 M
Slightly volatile
Reconciled Depreciation586 M560 M494.4 M
Slightly volatile
Non Recurring172.8 M193.5 M212.1 M
Slightly volatile

Cognizant Technology Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow1.1 BB1.6 B
Slightly volatile
Begin Period Cash Flow1.2 B2.2 B1.8 B
Slightly volatile
Depreciation545 M519 M374.2 M
Slightly volatile
Capital Expenditures210.4 M317 M284.2 M
Slightly volatile
Total Cash From Operating Activities1.3 B2.3 B1.9 B
Slightly volatile
Net Income2.2 B2.1 B1.6 B
Slightly volatile
End Period Cash Flow1.3 B1.8 B1.8 B
Slightly volatile
Stock Based Compensation158.2 M176 M177.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.871.97092.5373
Slightly volatile
Dividend Yield0.01740.01550.0255
Slightly volatile
PTB Ratio2.742.88373.7185
Slightly volatile
Days Sales Outstanding57.4772.592673.891
Slightly volatile
Book Value Per Share27.526.192116.5433
Slightly volatile
Free Cash Flow Yield0.03110.05280.0506
Pretty Stable
Invested Capital0.05690.05990.1367
Slightly volatile
Operating Cash Flow Per Share4.844.61393.5122
Slightly volatile
Stock Based Compensation To Revenue0.01440.00910.0145
Slightly volatile
PB Ratio2.742.88373.7185
Slightly volatile
EV To Sales1.851.94652.4274
Slightly volatile
Free Cash Flow Per Share4.193.98612.993
Slightly volatile
Inventory Turnover16.1816.7619.5861
Slightly volatile
Net Income Per Share4.424.20992.7988
Slightly volatile
Days Of Inventory On Hand22.2922.5319.107
Slightly volatile
Payables Turnover27.8539.050438.7963
Pretty Stable
Sales General And Administrative To Revenue0.240.220.2051
Pretty Stable
Cash Per Share2.865.21785.5651
Very volatile
POCF Ratio26.1116.370217.5454
Very volatile
Interest Coverage68.2171.8049327
Slightly volatile
Payout Ratio0.360.2780.5503
Slightly volatile
PFCF Ratio18.018.948220.5713
Slightly volatile
Days Payables Outstanding12.529.346910.0213
Very volatile
Income Quality1.451.0961.3525
Very volatile
ROE0.220.16070.1797
Slightly volatile
EV To Operating Cash Flow24.7516.167716.8117
Very volatile
PE Ratio33.6817.94122.4982
Very volatile
Return On Tangible Assets0.140.1890.1633
Pretty Stable
EV To Free Cash Flow36.418.713720.9574
Very volatile
Earnings Yield0.0320.05570.047
Pretty Stable
Intangibles To Total Assets0.410.39150.2527
Slightly volatile
Current Ratio3.762.2522.9172
Slightly volatile
Tangible Book Value Per Share12.4611.86349.279
Slightly volatile
Receivables Turnover5.685.02814.9297
Slightly volatile
Graham Number52.349.809532.205
Slightly volatile
Shareholders Equity Per Share27.526.192116.5433
Slightly volatile
Debt To Equity0.05690.05990.1367
Slightly volatile
Revenue Per Share40.2438.322824.0959
Slightly volatile
Interest Debt Per Share1.541.64951.9931
Slightly volatile
Debt To Assets0.04070.04290.097
Slightly volatile
Enterprise Value Over EBITDA20.6910.87812.9777
Very volatile
Short Term Coverage Ratios13.1512.52698.7229
Slightly volatile
Price Earnings Ratio33.6817.94122.4982
Very volatile
Operating Cycle64.3372.592678.737
Slightly volatile
Price Book Value Ratio2.742.88373.7185
Slightly volatile
Days Of Payables Outstanding12.529.346910.0213
Very volatile
Dividend Payout Ratio0.360.2780.5503
Slightly volatile
Price To Operating Cash Flows Ratio26.1116.370217.5454
Very volatile
Price To Free Cash Flows Ratio18.018.948220.5713
Slightly volatile
Pretax Profit Margin0.20.1440.1702
Slightly volatile
Effective Tax Rate0.280.23970.2837
Pretty Stable
Company Equity Multiplier1.111.39741.414
Pretty Stable
Long Term Debt To Capitalization0.04160.04380.0897
Slightly volatile
Total Debt To Capitalization0.05370.05650.1182
Slightly volatile
Debt Equity Ratio0.05690.05990.1367
Slightly volatile
Quick Ratio3.451.94542.6467
Slightly volatile
Net Income Per E B T0.590.76280.7065
Very volatile
Cash Ratio0.510.53620.8669
Slightly volatile
Cash Conversion Cycle55.2263.245768.943
Slightly volatile
Operating Cash Flow Sales Ratio0.190.12040.1585
Pretty Stable
Days Of Inventory Outstanding22.2922.5319.107
Slightly volatile
Days Of Sales Outstanding57.4772.592673.891
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.590.86390.8094
Pretty Stable
Cash Flow Coverage Ratios3.092.94191.8895
Slightly volatile
Price To Book Ratio2.742.88373.7185
Slightly volatile
Fixed Asset Turnover6.5411.66559.0564
Very volatile
Price Cash Flow Ratio26.1116.370217.5454
Very volatile
Enterprise Value Multiple20.6910.87812.9777
Very volatile
Debt Ratio0.04070.04290.097
Slightly volatile
Cash Flow To Debt Ratio3.092.94191.8895
Slightly volatile
Price Sales Ratio1.871.97092.5373
Slightly volatile
Return On Assets0.150.1150.1255
Slightly volatile
Asset Turnover1.171.04711.0379
Very volatile
Net Profit Margin0.150.10990.1222
Pretty Stable
Gross Profit Margin0.460.320.394
Slightly volatile
Price Fair Value2.742.88373.7185
Slightly volatile
Return On Equity0.220.16070.1797
Slightly volatile

Cognizant Technology Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap30.3 B28.8 B29.6 B
Slightly volatile
Enterprise Value29.9 B28.5 B29.2 B
Slightly volatile

Cognizant Fundamental Market Drivers

Forward Price Earnings15.0602
Cash And Short Term Investments2.6 B

Cognizant Upcoming Events

6th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Cognizant Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cognizant Technology income statement, its balance sheet, and the statement of cash flows. Cognizant Technology investors use historical funamental indicators, such as Cognizant Technology's revenue or net income, to determine how well the company is positioned to perform in the future. Although Cognizant Technology investors may use each financial statement separately, they are all related. The changes in Cognizant Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cognizant Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cognizant Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cognizant Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue385 M225.5 M
Total Revenue19.4 B20.3 B
Cost Of Revenue13.2 B13.8 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.22  0.24 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 38.32  40.24 
Ebit Per Revenue 0.15  0.18 

Pair Trading with Cognizant Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cognizant Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cognizant Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cognizant Stock

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Moving against Cognizant Stock

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The ability to find closely correlated positions to Cognizant Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cognizant Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cognizant Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cognizant Technology Solutions to buy it.
The correlation of Cognizant Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cognizant Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cognizant Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cognizant Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cognizant Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognizant Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cognizant Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognizant Technology Solutions Stock:

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Is Cognizant Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognizant Technology. If investors know Cognizant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognizant Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.107
Dividend Share
1.17
Earnings Share
4.21
Revenue Per Share
38.323
Quarterly Revenue Growth
(0.02)
The market value of Cognizant Technology is measured differently than its book value, which is the value of Cognizant that is recorded on the company's balance sheet. Investors also form their own opinion of Cognizant Technology's value that differs from its market value or its book value, called intrinsic value, which is Cognizant Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognizant Technology's market value can be influenced by many factors that don't directly affect Cognizant Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognizant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognizant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognizant Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.