Cognizant Technology Solutions (CTSH) FCF Payout Ratio (2017 - 2026)
Cognizant Technology Solutions' FCF Payout Ratio came in at 0.34 for Q2 2026, down 26.0% from 0.46 a year earlier and down 57.4% from the prior quarter.
Powered by 
Analysis
Cognizant Technology Solutions (CTSH) FCF Payout Ratio (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cognizant Technology Solutions reported FCF Payout Ratio of 0.24, down 10.6% year-over-year; for FY2025, it was 0.24, down 28.4% from FY2024.
- Going back by year, FCF Payout Ratio was 0.33 in FY2024 (+11.9%), 0.29 in FY2023 (+16.4%), 0.25 in FY2022 (+9.8%) and 0.23 in FY2021 (+38.8%).
- The five-year range for quarterly FCF Payout Ratio is 0.13 (Q3 2025) to 9.44 (Q1 2024).
- Year-over-year, FCF Payout Ratio increased in two of the last eight quarters, with an average decline of 17.8%.
- The fastest year-over-year change in FCF Payout Ratio over five years came in Q1 2026 (growth of 67.3%), and the weakest in Q1 2025 (a decline of 94.9%).
- Business Quant data shows CTSH's FCF Payout Ratio at 0.80 (Q1 2026), 0.19 (Q4 2025) and 0.13 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (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 | 0.34 |
| 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 | 0.12 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.34 |
| Mar 31, 2026 | 0.80 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 0.13 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 0.48 |
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.82 |
| Mar 31, 2024 | 9.44 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.19 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.15 |
| Jun 30, 2022 | 0.29 |
| Mar 31, 2022 | 0.77 |
| Dec 31, 2021 | 0.17 |
| Sep 30, 2021 | 0.14 |
| Jun 30, 2021 | 0.27 |
API Access
Cognizant Technology Solutions FCF Payout Ratio 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=fcf-payout-ratio&ticker=CTSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=CTSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();