Cognizant Technology Solutions CTSH
NASDAQ CTSH
$62.31 -2.33 (-3.60%)
At close: Sep 4, 2026 · 4:00 PM EDT

Cognizant Technology Solutions (CTSH) EV to EBITDA (2009 - 2026)

Cognizant Technology Solutions' (CTSH) quarterly EV to EBITDA came in at 18.83 in Q2 2026, down 57.68% year-over-year from 44.49 in Q2 2025, and down 42.42% quarter-over-quarter from 32.7 in Q1 2026.

Analysis

Cognizant Technology Solutions (CTSH) EV to EBITDA (2009 - 2026) Analysis & Trends

Cognizant Technology Solutions (CTSH) has reported EV to EBITDA for 18 consecutive years, with 18.83 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to EBITDA fell 57.68% year-over-year to 18.83 in Q2 2026; TTM through Jun 2026 was 4.79, a 58.38% decrease from a year earlier, with the FY2025 full-year figure at 10.17, down 7.85% from the prior year.
  • EV to EBITDA was 18.83 for Q2 2026 at Cognizant Technology Solutions, down from 32.7 in the prior quarter.
  • Over five years, EV to EBITDA peaked at 61.32 in Q1 2022 and troughed at 18.83 in Q2 2026.
  • A 5-year average of 42.92 and a median of 44.43 in 2025 frame the typical range for EV to EBITDA.
  • Across the five-year window, EV to EBITDA jumped 37.06% in 2023 and tumbled 57.68% in 2026, its largest moves.
  • Over 5 years, EV to EBITDA stood at 38.79 in 2022, then advanced by 24.56% to 48.31 in 2023, then declined by 1.27% to 47.7 in 2024, then slipped by 6.99% to 44.36 in 2025, then plunged by 57.56% to 18.83 in 2026.
  • The last three EV to EBITDA figures came in at 18.83 (Q2 2026), 32.7 (Q1 2026), and 44.36 (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

Historic Data

Download Data
DateValue
Jun 30, 2026 18.83
Mar 31, 2026 32.70
Dec 31, 2025 44.36
Sep 30, 2025 34.69
Jun 30, 2025 44.49
Mar 31, 2025 41.88
Dec 31, 2024 47.70
Sep 30, 2024 49.13
Jun 30, 2024 44.62
Mar 31, 2024 49.18
Dec 31, 2023 48.31
Sep 30, 2023 46.02
Jun 30, 2023 53.50
Mar 31, 2023 40.47
Dec 31, 2022 38.79
Sep 30, 2022 33.58
Jun 30, 2022 42.95
Mar 31, 2022 61.32
Dec 31, 2021 59.92
Sep 30, 2021 50.13