What are Cognizant's profit margins?

Cognizant (CTSH) runs a 33.5% gross margin and a 15.8% operating margin, with a 10.4% net margin.

Where do Cognizant's ratios come from?

Every ratio is computed from Cognizant's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Cognizant CTSH Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	33.5%-0.2pp	33.7%-0.3pp	34.1%-0.1pp	34.2%-0.1pp	34.3%-0.1pp
Operating margin	15.8%-0.3pp	16.1%+0.3pp	15.8%+0.3pp	15.4%+0.2pp	15.2%+0.5pp
Net margin	10.4%-0.2pp	10.6%+0.4pp	10.2%-1.7pp	11.9%+0.2pp	11.7%+0.4pp
EBITDA margin	18.4%-0.3pp	18.7%+0.3pp	18.4%+0.3pp	18.1%+0.2pp	17.9%+0.5pp
Free cash flow margin	11.5%-0.8pp	12.3%-0.4pp	12.7%+1.6pp	11.1%+0.5pp	10.6%+1.4pp
Returns
Return on equity	14.9%-0.3pp	15.2%+0.7pp	14.5%-2.2pp	16.7%+0.1pp	16.6%+0.4pp
Return on assets	11%0.0pp	11%+0.4pp	10.6%-2.0pp	12.6%+0.3pp	12.3%+0.6pp
Return on invested capital	15%-0.4pp	15.5%+0.6pp	14.9%-2.4pp	17.3%0.0pp	17.4%+0.3pp
Efficiency
Asset turnover	1.1×0.0×	1×0.0×	1×0.0×	1.1×0.0×	1×0.0×
Liquidity
Current ratio	2.2×+0.1×	2.1×-0.2×	2.4×-0.1×	2.4×+0.2×	2.2×+0.1×
Quick ratio	2.2×+0.1×	2.1×-0.2×	2.4×-0.1×	2.4×+0.2×	2.2×+0.1×
Cash ratio	0.4×-0.1×	0.5×-0.2×	0.7×+0.1×	0.6×0.0×	0.6×0.0×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Debt-to-assets	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	-0.1×+0.1×	-0.2×+0.1×	-0.3×-0.1×	-0.2×+0.1×	-0.2×0.0×
Interest coverage	105.6×+14.0×	91.6×+23.1×	68.5×+10.0×	58.5×+3.0×	55.5×+1.9×
Per Share
Book value per share	$31.59+2.9%	$30.71+0.4%	$30.59-1.6%	$31.07+3.2%	$30.10+3.8%
Valuation
Market capitalization	$29.34B-26.8%	$40.06B+22.3%	$32.76B-14.4%	$38.25B+1.1%	$37.84B-0.8%
Enterprise value	$28.93B-26.5%	$39.33B+24.5%	$31.59B-16.1%	$37.63B+1.6%	$37.04B-1.0%
Price / earnings	13.2×-4.8×	18×+2.6×	15.4×-0.3×	15.7×-0.4×	16.1×-1.0×
Price / sales	1.4×-0.5×	1.9×+0.3×	1.6×-0.3×	1.9×0.0×	1.9×0.0×
Price / book	1.9×-0.7×	2.7×+0.5×	2.2×-0.3×	2.5×0.0×	2.5×-0.1×
EV / EBITDA	7.4×-2.6×	10×+1.8×	8.2×-1.9×	10.1×-0.2×	10.3×-0.6×
EV / sales	1.4×-0.5×	1.9×+0.3×	1.5×-0.3×	1.8×0.0×	1.8×-0.1×
Free cash flow yield	8.4%+1.9pp	6.5%-1.6pp	8.1%+2.1pp	6%+0.3pp	5.6%+0.8pp
Earnings yield	7.6%+2.0pp	5.6%-0.9pp	6.5%+0.1pp	6.4%+0.1pp	6.2%+0.4pp
Dividend yield	2.1%+0.6pp	1.5%-0.3pp	1.9%+0.3pp	1.6%0.0pp	1.6%0.0pp

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Questions, answered.

What are Cognizant's profit margins?: Cognizant (CTSH) runs a 33.5% gross margin and a 15.8% operating margin, with a 10.4% net margin.
Where do Cognizant's ratios come from?: Every ratio is computed from Cognizant's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.