CNDT vs IT vs ULS Stock Comparison

Conduent, Gartner and UL Solutions Prices as of Oct 27, 2026 Peers: Industry group
CNDT CONDUENT Inc
$1.57 -4.3% 1M -38.7% 1Y
Market cap
$242.25M
P/E
–
Revenue (TTM)
$2.79B
Div. yield
–
Consulting Industrials
1 win
IT Gartner Inc
$220.90 +17.6% 1M -13.6% 1Y
Market cap
$14.45B
P/E
18.6x
Revenue (TTM)
$6.46B
Div. yield
–
Consulting Industrials
5 wins
ULS UL Solutions Inc.
$72.19 +9.3% 1M -10.1% 1Y
Market cap
$14.55B
P/E
28.8x
Revenue (TTM)
$3.15B
Div. yield
0.01%
Consulting Industrials
5 wins

Head to Head

11 decided of 12

UL Solutions leads on 5 of the 12 questions below (UL Solutions 5, Gartner 5, Conduent 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCNDTITULSLeader
Larger companyMarket capitalisation $242.25M $14.45B $14.55B ULS
Cheaper on earningsLower P/E, profitable companies only -1.1x 18.6x 28.8x IT
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 14.5x 33.4x IT
Faster revenue growthRevenue growth, trailing twelve months -5.7% +0.7% +6.6% ULS
More profitableNet margin, trailing twelve months -8.2% 12.0% 16.1% ULS
Better return on capitalReturn on invested capital -186.3% 28.6% 22.9% IT
Less leveragedLower net debt / EBITDA -0.2x 1.1x -0.2x CNDT
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months -38.7% -13.6% -10.1% ULS
Better 5-year returnAnnualised price return, 5 years -25.3%/yr -7.5%/yr — IT
Less volatileAnnualised volatility, 1 year 75.5% 57.6% 42.5% ULS
Higher overall scoreMean of the five percentile scores vs peers 23/100 66/100 64/100 IT

Percentile Scorecard

CNDTITULS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCNDTITULS
Valuation 37 #71 of 112 64 #41 of 112 32 #76 of 112
Growth 22 #75 of 96 30 #68 of 96 77 #23 of 96
Profitability 11 #81 of 91 93 #7 of 91 94 #6 of 91
Financial Health 21 #99 of 125 44 #71 of 125 82 #24 of 125
Shareholder Returns – 99 #2 of 67 36 #43 of 67
Overall 23 66 64
  • CNDT ranked among 130 companies in Business Services
  • IT ranked among 130 companies in Business Services
  • ULS ranked among 130 companies in Business Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCNDTITULSSPY
1 month -4.3%+17.6%+9.3% -0.2%
3 months -3.1%+41.8%-21.3% +3.9%
6 months -8.7%+47.1%-18.2% +8.2%
Year to date -18.2%-12.4%-8.5% +12.9%
1 year -38.7%-13.6%-10.1% +12.3%
3 years -49.4%-32.2%— +87.4%
3 years, per year -20.3%-12.2%— +23.3%
5 years -76.7%-32.4%— +67.9%
5 years, per year -25.3%-7.5%— +10.9%
10 years —+159.4%— +261.1%
10 years, per year —+10.0%— +13.7%

Risk

MeasureCNDTITULSSPY
Volatility, 1Y 75.5%57.6%42.5% 12.7%
Downside volatility, 1Y 81.9%58.7%40.7% 12.7%
Beta vs S&P 500, 1Y 1.590.330.60 1.00
Return / volatility, 1Y -0.51-0.24-0.24 0.97
Max drawdown, 5Y -83.7%-77.2%-38.9% -25.4%
From 52-week high -38.7%-13.6%-31.2% -1.2%
52-week high $2.56$255.58$104.89 $779.14
52-week low $1.16$125.73$64.05 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCNDTITULS
P/E now vs peer median -1.1xmedian 21.2x 18.9xmedian 21.2x 28.9xmedian 21.2x
P/S now vs peer median 0.1xmedian 0.9x 2.2xmedian 0.9x 4.6xmedian 0.9x
EV/EBITDA now vs peer median -0.3xmedian 11.9x 11.8xmedian 11.9x 19.2xmedian 11.9x
P/FCF now vs peer median -5.0xmedian 13.7x 10.8xmedian 13.7x 33.4xmedian 13.7x
P/B now vs peer median 0.5xmedian 2.4x -83.4xmedian 2.4x 9.0xmedian 2.4x
PEG now vs peer median -1.02median 1.00 98.61median 1.00 —median 1.00

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCNDTITULS
Revenue $2.79B $6.46B $3.15B
Gross profit $514.00M $4.50B $1.58B
Operating income -$2.43B $1.12B $562.00M
Net income -$228.00M $775.35M $528.00M
Free cash flow -$49.00M $1.29B $436.00M
R&D $3.00M – –
EPS (diluted) $-1.47 $11.65 $2.48
Cash & equivalents $228.00M $1.49B $434.00M
Total debt $2.84B $2.98B $301.00M
Shares (diluted) 155.29M 66.58M 204.00M
Enterprise value -$694.75M $8.14B $13.31B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCNDTITULS
P/E -1.1x 18.9x 28.9x
P/FCF -5.0x 10.8x 33.4x
P/Operating cash flow -244.2x 10.1x 21.5x
P/S 0.1x 2.2x 4.6x
P/B 0.5x -83.4x 9.0x
P/Tangible book 0.5x -30.2x 9.2x
EV/EBITDA -0.3x 11.8x 19.2x
EV/EBIT -0.3x 13.8x 25.7x
EV/Revenue 0.3x 2.4x 4.6x
EV/FCF -15.0x 12.0x 33.1x
EV/Operating cash flow -734.2x 11.2x 21.3x
PEG (3Y EPS CAGR) -1.02 98.61 –

Growth

14 metrics
MetricCNDTITULS
Revenue growth (1Y) -5.7% 0.7% 6.6%
Revenue CAGR (3Y) -9.8% 4.0% –
Gross profit growth (1Y) -4.1% 3.2% 10.8%
Gross profit CAGR (3Y) -15.1% 4.6% –
Operating income growth (1Y) 0.8% -4.6% 14.0%
Operating income CAGR (3Y) 9.9% -4.4% –
Net income growth (1Y) -1,240% -38.7% 52.2%
Net income CAGR (3Y) 11.7% -5.7% –
EPS growth (1Y) -1,283% -28.8% 53.7%
EPS CAGR (3Y) 1.1% 0.2% –
Operating cash flow growth (1Y) 97.8% -14.8% 16.7%
Operating cash flow CAGR (3Y) -26.2% 7.3% –
Free cash flow growth (1Y) 31.0% -14.7% 19.8%
Free cash flow CAGR (3Y) -40.0% 8.8% –

Profitability

14 metrics
MetricCNDTITULS
Gross margin 18.4% 69.6% 50.3%
EBITDA margin -80.2% 20.3% 23.9%
Operating margin -87.0% 17.3% 17.9%
Pretax margin -5.4% 15.9% 22.8%
Net margin -8.2% 12.0% 16.1%
FCF margin -1.8% 19.9% 13.9%
Operating cash flow margin 0.0% 21.4% 21.6%
Return on equity -39.1% – 35.7%
Return on assets -9.8% 10.4% 17.4%
Return on invested capital -186.3% 28.6% 22.9%
Return on capital employed -150.6% 29.7% 25.9%
Asset turnover 1.2x 0.9x 1.0x
Cash conversion (OCF / net income) 0.0x 1.8x 1.3x
Stock comp / revenue 0.5% 2.3% 1.9%

Financial Health

11 metrics
MetricCNDTITULS
Debt / assets 32.0% 41.4% 9.7%
Debt / equity 1.4x -17.8x 0.2x
Net debt / EBITDA -0.2x 1.1x -0.2x
Debt / FCF -14.7x 2.3x 0.7x
Liabilities / assets 76.6% 102.3% 48.1%
Equity / assets 23.4% -2.3% 51.9%
Interest coverage -49.5x 7.8x 17.6x
Current ratio 1.6x 0.9x 1.4x
Quick ratio 0.8x 0.7x 1.3x
Cash ratio 0.3x 0.4x 0.5x
Altman Z-score -3.76 3.88 7.92

Shareholder Returns

7 metrics
MetricCNDTITULS
Dividend yield – – 0.8%
Net buyback yield – 18.7% –
Shareholder yield – 18.7% 0.8%
Payout ratio (earnings) – – 20.8%
Payout ratio (FCF) – – 25.2%
Dividend growth (1Y) – – 7.8%
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCNDTITULS
Forward P/E – 14.5xFY2026 33.4xFY2026
EPS, next fiscal year $-0.56FY2026 $15.20FY2026 $2.16FY2026
EPS growth, next FY – +15.4%FY2026 +8.5%FY2026
EPS growth, the year after – +11.6% +17.1%
Revenue, next fiscal year $2.37BFY2026 $6.72BFY2026 $3.29BFY2026
Revenue growth, next FY -22.1%FY2026 +3.4%FY2026 +8.0%FY2026
Revenue growth, the year after -0.5% +3.5% +1.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCNDTITULS
Held by institutions 73.2% 100.0% 100.0%
Institutions holding 189 650 389
Change in shares held, QoQ +3.5% -0.6% +1.8%
Institutions buying 90 281 231
Institutions selling 50 291 105
Buyers to sellers 1.80 0.97 2.20

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CNDTITULS
CNDT 1.00 0.28 0.05
IT 0.28 1.00 -0.06
ULS 0.05 -0.06 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, CNDT, IT and ULS?

UL Solutions (ULS) is the largest by market capitalisation: Conduent (CNDT) $242.25M, Gartner (IT) $14.45B, UL Solutions (ULS) $14.55B.

Which stock is cheaper, CNDT, IT and ULS?

Gartner (IT) trades on the lowest price-to-earnings ratio (Conduent (CNDT) -1.1x, Gartner (IT) 18.6x, UL Solutions (ULS) 28.8x). On next year's consensus earnings, Gartner (IT) is cheapest (Gartner (IT) 14.5x, UL Solutions (ULS) 33.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

UL Solutions (ULS) grew revenue fastest over the trailing twelve months: Conduent (CNDT) -5.7%, Gartner (IT) +0.7%, UL Solutions (ULS) +6.6%.

Which company is more profitable?

UL Solutions (ULS) has the highest net margin (Conduent (CNDT) -8.2%, Gartner (IT) 12.0%, UL Solutions (ULS) 16.1%). On return on invested capital, Gartner (IT) leads (Conduent (CNDT) -186.3%, Gartner (IT) 28.6%, UL Solutions (ULS) 22.9%).

Which stock has performed better?

Over the past year UL Solutions (ULS) returned the most: Conduent (CNDT) -38.7%, Gartner (IT) -13.6%, UL Solutions (ULS) -10.1%. Over five years, Gartner (IT) compounded fastest (Conduent (CNDT) -25.3%/yr, Gartner (IT) -7.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Conduent (CNDT) 0.00%, Gartner (IT) 0.00%, UL Solutions (ULS) 0.01%. Conduent (CNDT) and Gartner (IT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, UL Solutions (ULS) has been the steadiest (Conduent (CNDT) 75.5%, Gartner (IT) 57.6%, UL Solutions (ULS) 42.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CNDT, IT and ULS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, UL Solutions (ULS) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.