Cognizant Technology Solutions (CTSH) Return on Capital Employed [ROCE] (2009 - 2026)
Cognizant Technology Solutions (CTSH) reported Return on Capital Employed [ROCE] of 19.98% for Q2 2026, up 1.30 percentage points from 18.68% a year earlier and up 0.19 percentage points from the prior quarter.
Cognizant Technology Solutions (CTSH) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Cognizant Technology Solutions posted Return on Capital Employed [ROCE] of 20.33%, up 1.84 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +4.10 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 18.49% in FY2024 (+0.36 pp), 18.13% in FY2023 (-2.34 pp), 20.46% in FY2022 (+0.07 pp) and 20.39% in FY2021 (+4.16 pp).
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of 17.38% in Q1 2024 and a high of 21.41% in Q3 2022.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last six quarters, with an average year-over-year change of +1.04 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q4 2021 (a gain of 5.40 percentage points); the low point was Q3 2023 (a drop of 3.53 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 19.79% (Q1 2026), 20.23% (Q4 2025) and 19.66% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.69 Bn | 44.75 Bn | 1.60 Bn | 37.20% |
| 2 | Cognizant Technology Solutions | 26.45 Bn | 19.61 Bn | 1.83 Bn | 19.98% |
| 3 | Td Synnex | 22.21 Bn | 16.36 Bn | 1.43 Bn | 16.31% |
| 4 | Cdw | 16.70 Bn | 14.69 Bn | 1.32 Bn | 19.62% |
| 5 | Cgi | 15.63 Bn | 13.41 Bn | - | - |
| 6 | Arrow Electronics | 12.33 Bn | 11.35 Bn | 1.13 Bn | 14.39% |
| 7 | Avnet | 8.78 Bn | 7.96 Bn | 865.03 Mn | 10.42% |
| 8 | Ingram Micro Holding | 6.70 Bn | 2.31 Bn | 958.68 Mn | 14.02% |
| 9 | EPAM Systems | 5.58 Bn | 1.22 Bn | 429.57 Mn | 14.69% |
| 10 | ExlService Holdings | 5.42 Bn | 4.17 Bn | 225.96 Mn | 33.05% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.98% |
| Mar 31, 2026 | 19.79% |
| Dec 31, 2025 | 20.23% |
| Sep 30, 2025 | 19.66% |
| Jun 30, 2025 | 18.68% |
| Mar 31, 2025 | 18.42% |
| Dec 31, 2024 | 17.55% |
| Sep 30, 2024 | 17.92% |
| Jun 30, 2024 | 18.09% |
| Mar 31, 2024 | 17.38% |
| Dec 31, 2023 | 17.99% |
| Sep 30, 2023 | 17.87% |
| Jun 30, 2023 | 18.42% |
| Mar 31, 2023 | 20.07% |
| Dec 31, 2022 | 20.82% |
| Sep 30, 2022 | 21.41% |
| Jun 30, 2022 | 20.75% |
| Mar 31, 2022 | 19.93% |
| Dec 31, 2021 | 20.17% |
| Sep 30, 2021 | 18.66% |
Cognizant Technology Solutions Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=CTSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=CTSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();