Cognizant Technology Solutions (CTSH) FCF Payout Ratio (2017 - 2026)
Cognizant Technology Solutions' (CTSH) quarterly FCF Payout Ratio came in at 0.34 in Q2 2026, down 26.0% year-over-year from 0.46 in Q2 2025, and down 57.41% quarter-over-quarter from 0.8 in Q1 2026.
Analysis
Cognizant Technology Solutions (CTSH) FCF Payout Ratio (2017 - 2026) Analysis & Trends
Cognizant Technology Solutions (CTSH) has reported FCF Payout Ratio for 10 consecutive years, with 0.34 the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Payout Ratio fell 26.0% year-over-year to 0.34 in Q2 2026; TTM through Jun 2026 was 0.24, a 10.57% decrease from a year earlier, with the FY2025 full-year figure at 0.24, down 28.42% from the prior year.
- FCF Payout Ratio was 0.34 for Q2 2026 at Cognizant Technology Solutions, down from 0.8 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 9.44 in Q1 2024 and troughed at 4.62 in Q2 2023.
- A 5-year average of 0.58 and a median of 0.23 in 2022 frame the typical range for FCF Payout Ratio.
- Across the five-year window, FCF Payout Ratio sank 1690.87% in 2023 and soared 3870.04% in 2024, its largest moves.
- Over 5 years, FCF Payout Ratio stood at 0.23 in 2022, then decreased by 2.46% to 0.22 in 2023, then slipped by 19.11% to 0.18 in 2024, then rose by 7.88% to 0.19 in 2025, then soared by 76.91% to 0.34 in 2026.
- The last three FCF Payout Ratio figures came in at 0.34 (Q2 2026), 0.8 (Q1 2026), and 0.19 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.97 Bn | 44.97 Bn | 1.60 Bn | 0.80 |
| 2 | Cognizant Technology Solutions | 27.17 Bn | 26.12 Bn | 1.83 Bn | 0.34 |
| 3 | Cgi | 15.39 Bn | 14.81 Bn | - | 0.06 |
| 4 | EPAM Systems | 5.98 Bn | 5.19 Bn | 429.57 Mn | - |
| 5 | Science Applications International | 5.46 Bn | 5.34 Bn | 239.00 Mn | 0.12 |
| 6 | ExlService Holdings | 5.28 Bn | 5.00 Bn | 225.96 Mn | - |
| 7 | Kyndryl Holdings | 2.79 Bn | 680.69 Mn | 776.00 Mn | - |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | - |
| 9 | DXC Technology | 1.80 Bn | -204.47 Mn | 611.00 Mn | - |
| 10 | Innodata | 1.78 Bn | 1.53 Bn | 42.46 Mn | - |
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 |
| Jun 30, 2023 | -4.63 |
| 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 |