Cognizant Technology Solutions (CTSH) EV to CFO (2009 - 2026)
Cognizant Technology Solutions' (CTSH) quarterly EV to CFO came in at 29.49 in Q2 2026, down 67.71% year-over-year from 91.33 in Q2 2025, and down 70.69% quarter-over-quarter from 100.59 in Q1 2026.
Analysis
Cognizant Technology Solutions (CTSH) EV to CFO (2009 - 2026) Analysis & Trends
Cognizant Technology Solutions (CTSH) has reported EV to CFO for 18 consecutive years, with 29.49 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to CFO fell 67.71% year-over-year to 29.49 in Q2 2026; TTM through Jun 2026 was 5.64, a 60.19% decrease from a year earlier, with the FY2025 full-year figure at 13.13, down 22.17% from the prior year.
- EV to CFO was 29.49 for Q2 2026 at Cognizant Technology Solutions, down from 100.59 in the prior quarter.
- Over five years, EV to CFO peaked at 857.54 in Q2 2023 and troughed at 24.48 in Q3 2025.
- A 5-year average of 121.91 and a median of 45.78 in 2025 frame the typical range for EV to CFO.
- Across the five-year window, EV to CFO jumped 1287.2% in 2023 and tumbled 85.94% in 2024, its largest moves.
- Over 5 years, EV to CFO stood at 37.9 in 2022, then increased by 25.21% to 47.46 in 2023, then decreased by 17.96% to 38.94 in 2024, then rose by 13.27% to 44.11 in 2025, then slumped by 33.14% to 29.49 in 2026.
- The last three EV to CFO figures came in at 29.49 (Q2 2026), 100.59 (Q1 2026), and 44.11 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.49 |
| Mar 31, 2026 | 100.59 |
| Dec 31, 2025 | 44.11 |
| Sep 30, 2025 | 24.48 |
| Jun 30, 2025 | 91.33 |
| Mar 31, 2025 | 89.31 |
| Dec 31, 2024 | 38.94 |
| Sep 30, 2024 | 42.81 |
| Jun 30, 2024 | 120.58 |
| Mar 31, 2024 | 359.81 |
| Dec 31, 2023 | 47.46 |
| Sep 30, 2023 | 38.13 |
| Jun 30, 2023 | 857.54 |
| Mar 31, 2023 | 38.97 |
| Dec 31, 2022 | 37.90 |
| Sep 30, 2022 | 25.96 |
| Jun 30, 2022 | 61.82 |
| Mar 31, 2022 | 145.09 |
| Dec 31, 2021 | 53.16 |
| Sep 30, 2021 | 38.55 |