DXC vs CTSH vs EPAM Stock Comparison

DXC Technology, Cognizant Technology Solutions and EPAM Systems Prices as of Oct 26, 2026 Peers: Industry group
DXC DXC Technology Co
$16.31 +53.1% 1M +20.5% 1Y
Market cap
$2.59B
P/E
20.9x
Revenue (TTM)
$12.48B
Div. yield
–
IT Services Technology
2 wins
EPAM EPAM Systems, Inc.
$137.43 +27.0% 1M -13.8% 1Y
Market cap
$6.91B
P/E
17.2x
Revenue (TTM)
$5.62B
Div. yield
–
IT Services Technology
3 wins

Head to Head

11 decided of 12

Cognizant Technology Solutions leads on 6 of the 12 questions below (Cognizant Technology Solutions 6, EPAM Systems 3, DXC Technology 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDXCCTSHEPAMLeader
Larger companyMarket capitalisation $2.59B $30.89B $6.91B CTSH
Cheaper on earningsLower P/E, profitable companies only 20.9x 13.9x 17.2x CTSH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.9x 12.4x 10.0x DXC
Faster revenue growthRevenue growth, trailing twelve months -2.4% +5.6% +10.8% EPAM
More profitableNet margin, trailing twelve months 1.0% 10.3% 7.2% CTSH
Better return on capitalReturn on invested capital -37.1% 13.7% 11.5% CTSH
Less leveragedLower net debt / EBITDA -0.2x 0.1x -1.1x EPAM
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months +20.5% +2.2% -13.8% DXC
Better 5-year returnAnnualised price return, 5 years -12.8%/yr -2.3%/yr -26.8%/yr CTSH
Less volatileAnnualised volatility, 1 year 59.4% 43.0% 53.6% CTSH
Higher overall scoreMean of the five percentile scores vs peers 51/100 71/100 71/100 EPAM

Percentile Scorecard

DXCCTSHEPAM

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

AxisDXCCTSHEPAM
Valuation 84 #9 of 50 59 #21 of 50 55 #23 of 50
Growth 23 #35 of 45 48 #24 of 45 43 #26 of 45
Profitability 35 #27 of 41 90 #5 of 41 80 #9 of 41
Financial Health 21 #49 of 62 77 #15 of 62 89 #8 of 62
Shareholder Returns 93 #3 of 30 79 #7 of 30 90 #4 of 30
Overall 51 71 71
  • DXC ranked among 66 companies in Technology Services
  • CTSH ranked among 66 companies in Technology Services
  • EPAM ranked among 66 companies in Technology Services

Price Performance

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

Returns

PeriodDXCCTSHEPAMSPY
1 month +53.1%+20.9%+27.0% -0.8%
3 months +57.4%+47.4%+45.8% +3.5%
6 months +40.8%+26.9%+18.2% +7.0%
Year to date +11.3%-16.5%-32.9% +12.2%
1 year +20.5%+2.2%-13.8% +13.0%
3 years -16.6%+9.5%-34.7% +86.3%
3 years, per year -5.9%+3.1%-13.2% +23.1%
5 years -49.5%-10.8%-78.9% +68.6%
5 years, per year -12.8%-2.3%-26.8% +11.0%
10 years -70.6%+36.3%+107.1% +258.0%
10 years, per year -11.5%+3.1%+7.6% +13.6%

Risk

MeasureDXCCTSHEPAMSPY
Volatility, 1Y 59.4%43.0%53.6% 12.7%
Downside volatility, 1Y 66.8%43.4%60.9% 12.7%
Beta vs S&P 500, 1Y 0.490.100.42 1.00
Return / volatility, 1Y 0.340.05-0.26 1.02
Max drawdown, 5Y -78.8%-58.4%-89.4% -25.4%
From 52-week high 0.0%-20.0%-37.9% -1.8%
52-week high $16.31$86.70$221.40 $779.14
52-week low $8.22$38.73$76.04 $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.

MultipleDXCCTSHEPAM
P/E now vs peer median 21.4xmedian 17.9x 14.6xmedian 17.9x 17.9xmedian 17.9x
P/S now vs peer median 0.2xmedian 0.7x 1.4xmedian 0.7x 1.3xmedian 0.7x
EV/EBITDA now vs peer median -0.5xmedian 11.0x 8.0xmedian 11.0x 9.2xmedian 11.0x
P/FCF now vs peer median 2.1xmedian 12.1x 12.1xmedian 12.1x 14.7xmedian 12.1x
P/B now vs peer median 0.8xmedian 1.4x 2.2xmedian 1.4x 2.0xmedian 1.4x
PEG now vs peer median 0.69median 1.49 4.45median 1.49 -3.45median 1.49

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 monthsDXCCTSHEPAM
Revenue $12.48B $21.64B $5.62B
Gross profit $2.87B $7.24B $1.65B
Operating income -$9.12B $3.44B $563.19M
Net income $136.00M $2.22B $401.67M
Free cash flow $1.25B $2.60B $482.64M
EPS (diluted) $0.75 $4.76 $7.68
Cash & equivalents $2.00B $1.04B $789.40M
Total debt $3.50B $1.56B $25.00M
Shares (diluted) 166.27M 466.00M 52.27M
Enterprise value -$4.76B $24.06B $2.55B

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
MetricDXCCTSHEPAM
P/E 21.4x 14.6x 17.9x
P/FCF 2.1x 12.1x 14.7x
P/Operating cash flow 1.8x 10.7x 13.2x
P/S 0.2x 1.4x 1.3x
P/B 0.8x 2.2x 2.0x
P/Tangible book 1.4x 2.5x 2.3x
EV/EBITDA -0.5x 8.0x 9.2x
EV/EBIT -0.5x 9.3x 11.2x
EV/Revenue 0.3x 1.5x 1.1x
EV/FCF 3.3x 12.3x 13.1x
EV/Operating cash flow 2.8x 10.9x 11.7x
PEG (3Y EPS CAGR) 0.69 4.45 -3.45

Growth

14 metrics
MetricDXCCTSHEPAM
Revenue growth (1Y) -2.4% 5.6% 10.8%
Revenue CAGR (3Y) -4.1% 3.7% 5.1%
Gross profit growth (1Y) -9.2% 3.4% 8.5%
Gross profit CAGR (3Y) -2.9% 2.2% 2.9%
Operating income growth (1Y) -1.3% 8.8% 4.4%
Operating income CAGR (3Y) 8.6% 7.5% -2.9%
Net income growth (1Y) -65.0% -8.9% 0.1%
Net income CAGR (3Y) 30.4% 0.4% -9.0%
EPS growth (1Y) -63.6% -3.8% 8.3%
EPS CAGR (3Y) 31.1% 3.3% -5.2%
Operating cash flow growth (1Y) 10.0% 13.7% 19.8%
Operating cash flow CAGR (3Y) 2.4% 5.3% -4.3%
Free cash flow growth (1Y) 13.5% 13.8% 17.8%
Free cash flow CAGR (3Y) 3.6% 6.3% -4.8%

Profitability

14 metrics
MetricDXCCTSHEPAM
Gross margin 23.0% 33.4% 29.4%
EBITDA margin -63.9% 18.5% 12.3%
Operating margin -73.1% 15.9% 10.0%
Pretax margin 3.9% 16.2% 9.8%
Net margin 1.0% 10.3% 7.2%
FCF margin 10.0% 12.0% 8.6%
Operating cash flow margin 11.9% 13.5% 9.6%
Return on equity 4.2% 15.0% 11.6%
Return on assets 1.1% 10.7% 8.7%
Return on invested capital -37.1% 13.7% 11.5%
Return on capital employed -101.4% 20.0% 14.7%
Asset turnover 1.0x 1.0x 1.2x
Cash conversion (OCF / net income) 10.9x 1.3x 1.3x
Stock comp / revenue 0.6% 0.9% 3.3%

Financial Health

11 metrics
MetricDXCCTSHEPAM
Debt / assets 27.1% 7.5% 0.5%
Debt / equity 1.1x 0.1x 0.0x
Net debt / EBITDA -0.2x 0.1x -1.1x
Debt / FCF 2.8x 0.6x 0.1x
Liabilities / assets 74.3% 30.6% 23.1%
Equity / assets 25.7% 69.4% 76.9%
Interest coverage -42.0x 95.4x –
Current ratio 1.4x 2.2x 2.8x
Quick ratio 1.2x 1.7x 2.6x
Cash ratio 0.5x 0.3x 1.0x
Altman Z-score -1.33 5.76 6.66

Shareholder Returns

7 metrics
MetricDXCCTSHEPAM
Dividend yield – 1.9% –
Net buyback yield 10.4% 7.5% 9.6%
Shareholder yield 10.4% 9.4% 9.6%
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.

ConsensusDXCCTSHEPAM
Forward P/E 5.9xFY2026 12.4xFY2026 10.0xFY2026
EPS, next fiscal year $2.76FY2026 $5.61FY2026 $13.81FY2026
EPS growth, next FY -14.6%FY2026 +6.3%FY2026 +20.1%FY2026
EPS growth, the year after +1.1% +10.0% +8.5%
Revenue, next fiscal year $12.88BFY2026 $20.77BFY2026 $6.04BFY2026
Revenue growth, next FY +1.9%FY2026 -1.6%FY2026 +10.6%FY2026
Revenue growth, the year after -9.8% +7.8% +0.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDXCCTSHEPAM
Held by institutions 100.0% 100.0% 100.0%
Institutions holding 435 915 438
Change in shares held, QoQ +8.7% +6.6% +0.7%
Institutions buying 213 464 232
Institutions selling 113 352 160
Buyers to sellers 1.88 1.32 1.45

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.

DXCCTSHEPAM
DXC 1.00 0.65 0.58
CTSH 0.65 1.00 0.72
EPAM 0.58 0.72 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DXC, CTSH and EPAM?

Cognizant Technology Solutions (CTSH) is the largest by market capitalisation: DXC Technology (DXC) $2.59B, Cognizant Technology Solutions (CTSH) $30.89B, EPAM Systems (EPAM) $6.91B.

Which stock is cheaper, DXC, CTSH and EPAM?

Cognizant Technology Solutions (CTSH) trades on the lowest price-to-earnings ratio (DXC Technology (DXC) 20.9x, Cognizant Technology Solutions (CTSH) 13.9x, EPAM Systems (EPAM) 17.2x). On next year's consensus earnings, DXC Technology (DXC) is cheapest (DXC Technology (DXC) 5.9x, Cognizant Technology Solutions (CTSH) 12.4x, EPAM Systems (EPAM) 10.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

EPAM Systems (EPAM) grew revenue fastest over the trailing twelve months: DXC Technology (DXC) -2.4%, Cognizant Technology Solutions (CTSH) +5.6%, EPAM Systems (EPAM) +10.8%.

Which company is more profitable?

Cognizant Technology Solutions (CTSH) has the highest net margin (DXC Technology (DXC) 1.0%, Cognizant Technology Solutions (CTSH) 10.3%, EPAM Systems (EPAM) 7.2%). On return on invested capital, Cognizant Technology Solutions (CTSH) leads (DXC Technology (DXC) -37.1%, Cognizant Technology Solutions (CTSH) 13.7%, EPAM Systems (EPAM) 11.5%).

Which stock has performed better?

Over the past year DXC Technology (DXC) returned the most: DXC Technology (DXC) +20.5%, Cognizant Technology Solutions (CTSH) +2.2%, EPAM Systems (EPAM) -13.8%. Over five years, Cognizant Technology Solutions (CTSH) compounded fastest (DXC Technology (DXC) -12.8%/yr, Cognizant Technology Solutions (CTSH) -2.3%/yr, EPAM Systems (EPAM) -26.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

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

Which stock is riskier?

By one-year price volatility, Cognizant Technology Solutions (CTSH) has been the steadiest (DXC Technology (DXC) 59.4%, Cognizant Technology Solutions (CTSH) 43.0%, EPAM Systems (EPAM) 53.6%). Volatility measures how widely the price swings, not the risk of the business.

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

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 6. 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.