DXCDXC Technology Co
Services-Computer Processing & Data Preparation
- Revenue
- $12.6B
- 1.8% YoY
- Operating margin
- 7.7%
- 3.1% YoY
- EBITDA
- $2.2B
- 7.7% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.2×
- $525M 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 cashClear69× net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear20% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear4% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $16.3B | $14.4B | $13.7B | $12.9B | $12.6B | 1.8% |
| Operating income | $1.4B | $1.1B | $1.0B | $1.0B | $970M | 4.8% |
| Net income | $718M | −$568M | $91M | $389M | $18M | 95% |
| Operating cash flow | $1.5B | $1.4B | $1.4B | $1.4B | $1.2B | 11% |
| Capex | $254M | $267M | $182M | $248M | $212M | 15% |
| Stock-based comp | $101M | $108M | $109M | $79M | $86M | 8.9% |
| Buybacks | $628M | $669M | $898M | $14M | $249M | 1679% |
| Dividends | $0 | $0 | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 40 | 134 |
| FY2025 | — | — | 55 | 89 |
| FY2024 | — | — | 68 | 103 |
| FY2023 | — | — | 82 | 97 |
| FY2022 | — | — | 104 | 102 |