Conduent (CNDT) Tax Rate (2016 - 2024)
Conduent (CNDT) recorded Tax Rate of -21.05% in Q2 2026, down 23.38 percentage points from 2.33% a year earlier but up 1.17 percentage points from the prior quarter.
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Analysis
Conduent (CNDT) Tax Rate (2016 - 2024) Analysis & Trends
On a TTM basis, Conduent's Tax Rate came in at -20.67% as of Jun 30, 2026, down 202.48 percentage points year-over-year; for FY2025, it came in at -6.25%, down 21.73 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -21.36 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 15.48% in FY2024 (+4.63 pp), 10.84% in FY2023 (+54.15 pp), -43.31% in FY2022 (-31.31 pp) and -12.00% in FY2021 (-27.11 pp).
- Quarterly Tax Rate has ranged from -22.22% in Q1 2026 to 250.00% in Q4 2023 over the past five years.
- On a year-over-year basis, Tax Rate has declined for seven consecutive quarters, with an average year-over-year change of -48.74 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 241.23 percentage points in Q4 2023, against a drop of 164.63 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -22.22% (Q1 2026), -17.86% (Q4 2025) and -21.05% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 122.50 Bn | 82.91 Bn | 6.13 Bn | 24.19% |
| 2 | Cintas | 78.05 Bn | 77.24 Bn | 1.48 Bn | 21.20% |
| 3 | Iron Mountain | 33.02 Bn | 32.53 Bn | 1.07 Bn | 12.24% |
| 4 | APi | 16.68 Bn | 13.72 Bn | 703.00 Mn | 28.26% |
| 5 | Rollins | 14.49 Bn | 14.04 Bn | 569.95 Mn | 24.16% |
| 6 | Aramark | 14.11 Bn | 12.13 Bn | 430.34 Mn | 27.92% |
| 7 | UL Solutions | 13.27 Bn | 12.05 Bn | 417.00 Mn | 24.85% |
| 8 | Gartner | 11.78 Bn | 5.47 Bn | 1.19 Bn | 22.31% |
| 9 | Rentokil Initial | 9.98 Bn | 3.32 Bn | - | - |
| 10 | Conduent | 242.61 Mn | -694.39 Mn | 96.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 22.64% |
| Jun 30, 2024 | 28.00% |
| Mar 31, 2024 | 22.05% |
| Sep 30, 2022 | 34.78% |
| Jun 30, 2022 | 100.00% |
| Mar 31, 2022 | 35.24% |
| Sep 30, 2021 | 42.11% |
| Jun 30, 2021 | 36.84% |
| Jun 30, 2018 | 79.63% |
| Sep 30, 2017 | 230.77% |
| Sep 30, 2016 | 50.00% |
API Access
Conduent Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CNDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CNDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CNDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();