Cognizant Technology Solutions (CTSH) Debt Ratio (2009 - 2026)
Cognizant Technology Solutions' (CTSH) quarterly Debt Ratio came in at 0.08 in Q2 2026, up 146.79% year-over-year from 0.03 in Q2 2025, and up 160.92% quarter-over-quarter from 0.03 in Q1 2026.
Analysis
Cognizant Technology Solutions (CTSH) Debt Ratio (2009 - 2026) Analysis & Trends
Cognizant Technology Solutions (CTSH) has reported Debt Ratio for 18 consecutive years, with 0.08 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio rose 146.79% year-over-year to 0.08 in Q2 2026; TTM through Jun 2026 was 0.08, a 146.79% increase from a year earlier, with the FY2025 full-year figure at 0.03, down 37.55% from the prior year.
- Debt Ratio was 0.08 for Q2 2026 at Cognizant Technology Solutions, up from 0.03 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.08 in Q2 2026 and troughed at 0.03 in Q1 2026.
- A 5-year average of 0.04 and a median of 0.04 in 2022 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio sank 50.53% in 2025 and surged 146.79% in 2026, its largest moves.
- Over 5 years, Debt Ratio stood at 0.04 in 2022, then fell by 0.76% to 0.04 in 2023, then advanced by 29.63% to 0.05 in 2024, then tumbled by 37.55% to 0.03 in 2025, then jumped by 159.91% to 0.08 in 2026.
- The last three Debt Ratio figures came in at 0.08 (Q2 2026), 0.03 (Q1 2026), and 0.03 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.97 Bn | 44.97 Bn | 1.60 Bn | 0.02 |
| 2 | Cognizant Technology Solutions | 27.17 Bn | 26.12 Bn | 1.83 Bn | 0.08 |
| 3 | Cgi | 15.39 Bn | 14.81 Bn | - | 0.71 |
| 4 | EPAM Systems | 5.98 Bn | 5.19 Bn | 429.57 Mn | 0.01 |
| 5 | Science Applications International | 5.46 Bn | 5.34 Bn | 239.00 Mn | 0.46 |
| 6 | ExlService Holdings | 5.28 Bn | 5.00 Bn | 225.96 Mn | 0.44 |
| 7 | Kyndryl Holdings | 2.79 Bn | 680.69 Mn | 776.00 Mn | 0.49 |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 0.08 |
| 9 | DXC Technology | 1.80 Bn | -204.47 Mn | 611.00 Mn | 0.27 |
| 10 | Innodata | 1.78 Bn | 1.53 Bn | 42.46 Mn | 0.03 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.08 |
| Mar 31, 2026 | 0.03 |
| Dec 31, 2025 | 0.03 |
| Sep 30, 2025 | 0.03 |
| Jun 30, 2025 | 0.03 |
| Mar 31, 2025 | 0.03 |
| Dec 31, 2024 | 0.05 |
| Sep 30, 2024 | 0.06 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.04 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.04 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.04 |
| Dec 31, 2021 | 0.04 |
| Sep 30, 2021 | 0.04 |