Cognizant Technology Solutions (CTSH) EV to EBITDA (2009 - 2026)
Cognizant Technology Solutions' EV to EBITDA was 4.12 in Q2 2026, down 58.0% from 9.80 a year earlier and down 41.2% from the prior quarter.
Powered by 
Analysis
Cognizant Technology Solutions (CTSH) EV to EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cognizant Technology Solutions' EV to EBITDA was 2.67 through Jun 30, 2026, down 67.1% year-over-year; for FY2025, it was 9.61, down 7.9% from FY2024.
- In earlier years, EV to EBITDA was 10.43 in FY2024 (-3.3%), 10.78 in FY2023 (+43.3%), 7.52 in FY2022 (-41.7%) and 12.90 in FY2021 (-15.3%).
- The Q2 2026 figure marks the lowest quarterly EV to EBITDA in data going back to Q1 2009.
- Compared with a year earlier, EV to EBITDA has declined for four straight quarters, with an average decline of 14.8% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q4 2023 (growth of 43.3%); the worst was Q2 2026 (a decline of 58.0%).
- Per Business Quant data, CTSH's EV to EBITDA in the three quarters before Q2 2026 was 7.01 (Q1 2026), 9.61 (Q4 2025) and 7.82 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn |
| 10 | Science Applications International | 5.50 Bn | 5.04 Bn | 239.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.12 |
| Mar 31, 2026 | 7.01 |
| Dec 31, 2025 | 9.61 |
| Sep 30, 2025 | 7.82 |
| Jun 30, 2025 | 9.80 |
| Mar 31, 2025 | 9.94 |
| Dec 31, 2024 | 10.43 |
| Sep 30, 2024 | 10.66 |
| Jun 30, 2024 | 9.40 |
| Mar 31, 2024 | 10.56 |
| Dec 31, 2023 | 10.78 |
| Sep 30, 2023 | 9.83 |
| Jun 30, 2023 | 9.30 |
| Mar 31, 2023 | 8.11 |
| Dec 31, 2022 | 7.52 |
| Sep 30, 2022 | 7.47 |
| Jun 30, 2022 | 9.27 |
| Mar 31, 2022 | 12.84 |
| Dec 31, 2021 | 12.90 |
| Sep 30, 2021 | 11.65 |
API Access
Cognizant Technology Solutions EV to EBITDA 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=ev-to-ebitda&ticker=CTSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "CTSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=CTSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();