CTSH vs DXC vs NOW Stock Comparison

Cognizant Technology Solutions, DXC Technology and ServiceNow Prices as of Oct 28, 2026 Peers: Industry group
DXC DXC Technology Co
$16.09 +55.3% 1M +20.4% 1Y
Market cap
$2.45B
P/E
19.7x
Revenue (TTM)
$12.48B
Div. yield
–
IT Services Technology
3 wins
NOW ServiceNow, Inc.
$149.85 +14.0% 1M -20.1% 1Y
Market cap
$113.78B
P/E
78.7x
Revenue (TTM)
$15.43B
Div. yield
–
Business Process Automation Technology
3 wins

Head to Head

11 decided of 12

Cognizant Technology Solutions leads on 5 of the 12 questions below (Cognizant Technology Solutions 5, ServiceNow 3, DXC Technology 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCTSHDXCNOWLeader
Larger companyMarket capitalisation $29.01B $2.45B $113.78B NOW
Cheaper on earningsLower P/E, profitable companies only 13.1x 19.7x 78.7x CTSH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.8x 5.8x 38.9x DXC
Faster revenue growthRevenue growth, trailing twelve months +5.6% -2.4% +21.8% NOW
More profitableNet margin, trailing twelve months 10.3% 1.0% 9.4% CTSH
Better return on capitalReturn on invested capital 13.7% -37.1% 5.2% CTSH
Less leveragedLower net debt / EBITDA 0.1x -0.2x 0.8x DXC
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -2.2% +20.4% -20.1% DXC
Better 5-year returnAnnualised price return, 5 years -3.2%/yr -13.2%/yr +1.4%/yr NOW
Less volatileAnnualised volatility, 1 year 43.2% 59.4% 58.8% CTSH
Higher overall scoreMean of the five percentile scores vs peers 70/100 52/100 51/100 CTSH

Percentile Scorecard

CTSHDXCNOW

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

AxisCTSHDXCNOW
Valuation 58 #21 of 49 85 #8 of 49 33 #68 of 101
Growth 46 #25 of 45 23 #35 of 45 50 #49 of 97
Profitability 90 #5 of 39 34 #26 of 39 80 #20 of 94
Financial Health 76 #15 of 60 20 #48 of 60 53 #51 of 108
Shareholder Returns 82 #6 of 29 96 #2 of 29 38 #40 of 64
Overall 70 52 51
  • CTSH ranked among 65 companies in Technology Services
  • DXC ranked among 65 companies in Technology Services
  • NOW ranked among 114 companies in Business Applications

Price Performance

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

Returns

PeriodCTSHDXCNOWSPY
1 month +16.9%+55.3%+14.0% +0.9%
3 months +18.6%+36.7%+29.4% +5.9%
6 months +21.3%+37.4%+68.6% +8.5%
Year to date -20.0%+9.8%-2.2% +13.3%
1 year -2.2%+20.4%-20.1% +12.4%
3 years +4.8%-17.7%+35.2% +88.1%
3 years, per year +1.6%-6.3%+10.6% +23.5%
5 years -15.0%-50.6%+7.4% +68.2%
5 years, per year -3.2%-13.2%+1.4% +11.0%
10 years +28.7%-70.7%+770.2% +263.4%
10 years, per year +2.6%-11.5%+24.2% +13.8%

Risk

MeasureCTSHDXCNOWSPY
Volatility, 1Y 43.2%59.4%58.8% 12.7%
Downside volatility, 1Y 43.9%66.9%61.5% 12.7%
Beta vs S&P 500, 1Y 0.080.480.60 1.00
Return / volatility, 1Y -0.050.34-0.34 0.98
Max drawdown, 5Y -58.4%-78.8%-64.5% -25.4%
From 52-week high -23.5%-1.3%-20.1% -0.9%
52-week high $86.70$16.31$187.58 $779.14
52-week low $38.73$8.22$83.00 $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.

MultipleCTSHDXCNOW
P/E now vs peer median 13.9xmedian 17.7x 21.1xmedian 17.7x 107.3xmedian 27.6x
P/S now vs peer median 1.4xmedian 0.7x 0.2xmedian 0.7x 10.1xmedian 2.7x
EV/EBITDA now vs peer median 7.6xmedian 10.7x -0.5xmedian 10.7x 46.0xmedian 17.4x
P/FCF now vs peer median 11.5xmedian 11.0x 2.1xmedian 11.0x 32.7xmedian 15.8x
P/B now vs peer median 2.1xmedian 1.5x 0.8xmedian 1.5x 11.9xmedian 3.2x
PEG now vs peer median 4.26median 1.35 0.68median 1.35 -31.41median 0.84

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 monthsCTSHDXCNOW
Revenue $21.64B $12.48B $15.43B
Gross profit $7.24B $2.87B $11.28B
Operating income $3.44B -$9.12B $1.49B
Net income $2.22B $136.00M $1.45B
Free cash flow $2.60B $1.25B $4.75B
R&D – – $3.47B
EPS (diluted) $4.76 $0.75 $1.39
Cash & equivalents $1.04B $2.00B $2.39B
Total debt $1.56B $3.50B $7.52B
Shares (diluted) 466.00M 166.27M 1.04B
Enterprise value $22.18B -$4.91B $93.04B

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
MetricCTSHDXCNOW
P/E 13.9x 21.1x 107.3x
P/FCF 11.5x 2.1x 32.7x
P/Operating cash flow 10.3x 1.7x 29.2x
P/S 1.4x 0.2x 10.1x
P/B 2.1x 0.8x 11.9x
P/Tangible book 2.3x 1.4x 16.4x
EV/EBITDA 7.6x -0.5x 46.0x
EV/EBIT 8.9x -0.4x 106.1x
EV/Revenue 1.4x 0.3x 10.3x
EV/FCF 11.7x 3.3x 33.4x
EV/Operating cash flow 10.5x 2.8x 29.7x
PEG (3Y EPS CAGR) 4.26 0.68 -31.41

Growth

14 metrics
MetricCTSHDXCNOW
Revenue growth (1Y) 5.6% -2.4% 21.8%
Revenue CAGR (3Y) 3.7% -4.1% 22.1%
Gross profit growth (1Y) 3.4% -9.2% 14.1%
Gross profit CAGR (3Y) 2.2% -2.9% 19.2%
Operating income growth (1Y) 8.8% -1.3% -14.9%
Operating income CAGR (3Y) 7.5% 8.6% 32.1%
Net income growth (1Y) -8.9% -65.0% -16.5%
Net income CAGR (3Y) 0.4% 30.4% -3.1%
EPS growth (1Y) -3.8% -63.6% -16.2%
EPS CAGR (3Y) 3.3% 31.1% -3.4%
Operating cash flow growth (1Y) 13.7% 10.0% 10.2%
Operating cash flow CAGR (3Y) 5.3% 2.4% 21.8%
Free cash flow growth (1Y) 13.8% 13.5% 20.0%
Free cash flow CAGR (3Y) 6.3% 3.6% 25.9%

Profitability

14 metrics
MetricCTSHDXCNOW
Gross margin 33.4% 23.0% 73.1%
EBITDA margin 18.5% -63.9% 22.3%
Operating margin 15.9% -73.1% 9.7%
Pretax margin 16.2% 3.9% 13.1%
Net margin 10.3% 1.0% 9.4%
FCF margin 12.0% 10.0% 30.8%
Operating cash flow margin 13.5% 11.9% 34.6%
Return on equity 15.0% 4.2% 11.3%
Return on assets 10.7% 1.1% 4.6%
Return on invested capital 13.7% -37.1% 5.2%
Return on capital employed 20.0% -101.4% 7.5%
Asset turnover 1.0x 1.0x 0.5x
Cash conversion (OCF / net income) 1.3x 10.9x 3.7x
Stock comp / revenue 0.9% 0.6% 10.4%

Financial Health

11 metrics
MetricCTSHDXCNOW
Debt / assets 7.5% 27.1% 23.6%
Debt / equity 0.1x 1.1x 0.6x
Net debt / EBITDA 0.1x -0.2x 0.8x
Debt / FCF 0.6x 2.8x 1.6x
Liabilities / assets 30.6% 74.3% 58.9%
Equity / assets 69.4% 25.7% 41.1%
Interest coverage 95.4x -42.0x 14.6x
Current ratio 2.2x 1.4x 0.7x
Quick ratio 1.7x 1.2x 0.6x
Cash ratio 0.3x 0.5x 0.4x
Altman Z-score 5.63 -1.34 5.77

Shareholder Returns

7 metrics
MetricCTSHDXCNOW
Dividend yield 2.0% – –
Net buyback yield 7.8% 10.6% 1.7%
Shareholder yield 9.8% 10.6% 1.7%
Payout ratio (earnings) 27.8% – –
Payout ratio (FCF) 23.8% – –
Dividend growth (1Y) 1.8% – –
Dividend CAGR (3Y) 2.3% – –

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.

ConsensusCTSHDXCNOW
Forward P/E 11.8xFY2026 5.8xFY2026 38.9xFY2026
EPS, next fiscal year $5.61FY2026 $2.76FY2026 $3.85FY2026
EPS growth, next FY +6.3%FY2026 -14.6%FY2026 +9.7%FY2026
EPS growth, the year after +10.0% +1.1% +27.0%
Revenue, next fiscal year $20.77BFY2026 $12.88BFY2026 $15.25BFY2026
Revenue growth, next FY -1.6%FY2026 +1.9%FY2026 +14.8%FY2026
Revenue growth, the year after +7.8% -9.8% +17.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCTSHDXCNOW
Held by institutions 100.0% 100.0% 81.6%
Institutions holding 915 435 2,224
Change in shares held, QoQ +6.6% +8.7% -2.1%
Institutions buying 464 213 1,285
Institutions selling 352 113 779
Buyers to sellers 1.32 1.88 1.65

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.

CTSHDXCNOW
CTSH 1.00 0.66 0.56
DXC 0.66 1.00 0.51
NOW 0.56 0.51 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CTSH, DXC and NOW?

ServiceNow (NOW) is the largest by market capitalisation: Cognizant Technology Solutions (CTSH) $29.01B, DXC Technology (DXC) $2.45B, ServiceNow (NOW) $113.78B.

Which stock is cheaper, CTSH, DXC and NOW?

Cognizant Technology Solutions (CTSH) trades on the lowest price-to-earnings ratio (Cognizant Technology Solutions (CTSH) 13.1x, DXC Technology (DXC) 19.7x, ServiceNow (NOW) 78.7x). On next year's consensus earnings, DXC Technology (DXC) is cheapest (Cognizant Technology Solutions (CTSH) 11.8x, DXC Technology (DXC) 5.8x, ServiceNow (NOW) 38.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

ServiceNow (NOW) grew revenue fastest over the trailing twelve months: Cognizant Technology Solutions (CTSH) +5.6%, DXC Technology (DXC) -2.4%, ServiceNow (NOW) +21.8%.

Which company is more profitable?

Cognizant Technology Solutions (CTSH) has the highest net margin (Cognizant Technology Solutions (CTSH) 10.3%, DXC Technology (DXC) 1.0%, ServiceNow (NOW) 9.4%). On return on invested capital, Cognizant Technology Solutions (CTSH) leads (Cognizant Technology Solutions (CTSH) 13.7%, DXC Technology (DXC) -37.1%, ServiceNow (NOW) 5.2%).

Which stock has performed better?

Over the past year DXC Technology (DXC) returned the most: Cognizant Technology Solutions (CTSH) -2.2%, DXC Technology (DXC) +20.4%, ServiceNow (NOW) -20.1%. Over five years, ServiceNow (NOW) compounded fastest (Cognizant Technology Solutions (CTSH) -3.2%/yr, DXC Technology (DXC) -13.2%/yr, ServiceNow (NOW) +1.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Cognizant Technology Solutions (CTSH) 0.02%, DXC Technology (DXC) 0.00%, ServiceNow (NOW) 0.00%. DXC Technology (DXC) and ServiceNow (NOW) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cognizant Technology Solutions (CTSH) has been the steadiest (Cognizant Technology Solutions (CTSH) 43.2%, DXC Technology (DXC) 59.4%, ServiceNow (NOW) 58.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CTSH, DXC and NOW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cognizant Technology Solutions (CTSH) 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.