CTSHCOGNIZANT TECHNOLOGY SOLUTIONS CORP
Services-Computer Programming Services
- Revenue
- $21.1B
- 7.0% YoY
- Operating margin
- 16.1%
- 9.6% YoY
- EBITDA
- $3.9B
- 15% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -0.2×
- −$765M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear129% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear69% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear38% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $18.5B | $19.4B | $19.4B | $19.7B | $21.1B | 7.0% |
| Operating income | $2.8B | $3.0B | $2.7B | $2.9B | $3.4B | 17% |
| Net income | $2.1B | $2.3B | $2.1B | $2.2B | $2.2B | 0.4% |
| Operating cash flow | $2.5B | $2.6B | $2.3B | $2.1B | $2.9B | 36% |
| Capex | $279M | $332M | $317M | $297M | $288M | 3.0% |
| Stock-based comp | $246M | $261M | $176M | $175M | $181M | 3.4% |
| Buybacks | $771M | $1.4B | $1.1B | $605M | $1.4B | 128% |
| Dividends | $509M | $564M | $591M | $600M | $610M | 1.7% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $16K · 2
- Net
- −$16K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 109 | 196 |
| FY2024 | — | — | 100 | 166 |
| FY2023 | — | — | 96 | 133 |
| FY2022 | — | — | 72 | 105 |
| FY2021 | — | — | 110 | 129 |