Cognizant Technology Solutions (CTSH) EV to FCF (2009 - 2026)
Cognizant Technology Solutions' EV to FCF came in at 6.33 for Q2 2026, down 60.2% from 15.93 a year earlier and down 43.2% from the prior quarter.
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Analysis
Cognizant Technology Solutions (CTSH) EV to FCF (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cognizant Technology Solutions reported EV to FCF of 4.11, down 68.9% year-over-year; for FY2025, it was 14.58, down 25.6% from FY2024.
- Going back by year, EV to FCF was 19.61 in FY2024 (+12.8%), 17.38 in FY2023 (+46.0%), 11.90 in FY2022 (-39.9%) and 19.79 in FY2021 (+41.0%).
- The Q2 2026 figure represents the lowest quarterly EV to FCF in data going back to Q2 2009.
- Year-over-year, EV to FCF has declined for six consecutive quarters, with an average decline of 21.0% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q1 2024 (growth of 130.7%), and the weakest in Q2 2026 (a decline of 60.2%).
- Business Quant data shows CTSH's EV to FCF at 11.16 (Q1 2026), 14.58 (Q4 2025) and 11.33 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn |
| 10 | Science Applications International | 5.36 Bn | 4.90 Bn | 239.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.33 |
| Mar 31, 2026 | 11.16 |
| Dec 31, 2025 | 14.58 |
| Sep 30, 2025 | 11.33 |
| Jun 30, 2025 | 15.93 |
| Mar 31, 2025 | 16.74 |
| Dec 31, 2024 | 19.61 |
| Sep 30, 2024 | 21.99 |
| Jun 30, 2024 | 19.59 |
| Mar 31, 2024 | 24.45 |
| Dec 31, 2023 | 17.38 |
| Sep 30, 2023 | 16.06 |
| Jun 30, 2023 | 14.27 |
| Mar 31, 2023 | 10.60 |
| Dec 31, 2022 | 11.90 |
| Sep 30, 2022 | 11.24 |
| Jun 30, 2022 | 14.02 |
| Mar 31, 2022 | 19.23 |
| Dec 31, 2021 | 19.79 |
| Sep 30, 2021 | 16.14 |
API Access
Cognizant Technology Solutions EV to FCF 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-fcf&ticker=CTSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=CTSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();