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Cognizant CTSH Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin136.2%-1.3pp137.5%-2.2pp139.7%-6.2pp145.9%-2.4pp
Operating margin62.4%+4.5pp57.9%+1.0pp57%-4.4pp61.4%+4.7pp
Net margin44.4%-0.8pp45.2%+0.3pp44.9%-2.3pp47.2%+6.5pp
EBITDA margin73.1%+3.9pp69.1%+0.7pp68.4%-4.8pp73.3%+3.7pp
Free cash flow margin46.8%+13.2pp33.5%-12.4pp46%-2.1pp48.1%-4.6pp
Returns
Return on equity63%-2.1pp65.1%-4.8pp69.8%-7.6pp77.4%+12.8pp
Return on assets46.4%-0.5pp46.9%-2.0pp48.9%-3.6pp52.5%+11.2pp
Return on invested capital65%-1.8pp66.9%-4.6pp71.5%-6.8pp78.2%+11.7pp
Efficiency
Asset turnover4.2×0.0×4.2×-0.2×4.4×-0.1×4.4×+0.4×
Liquidity
Current ratio9.1×0.0×9.1×+0.2×8.9×0.0×8.9×+0.6×
Quick ratio9.1×0.0×9.1×+0.2×8.9×0.0×8.9×+0.6×
Cash ratio2.4×-0.3×2.7×-0.2×2.9×+0.4×2.5×+0.5×
Leverage
Debt-to-equity0.3×-0.1×0.4×0.0×0.4×-0.1×0.5×-0.1×
Debt-to-assets0.2×-0.1×0.3×0.0×0.3×0.0×0.4×0.0×
Net debt / EBITDA-0.9×0.0×-0.8×+0.2×-1.1×-0.5×-0.6×-0.5×
Interest coverage274×+30.4×243.6×-88.8×332.4×-670×1,002.7×+135×
Per Share
Book value per share$122.47+8.3%$113.12+10.9%$102.02+10.2%$92.59+6.8%
Valuation
Market capitalization$148.9B+1.5%$146.68B+7.7%$136.24B-3.6%$141.34B-13.3%
Enterprise value$145.58B+1.2%$143.89B+8.5%$132.68B-4.8%$139.39B-14.5%
Price / earnings65.1×-1.7×66.9×+4.1×62.7×+0.2×62.5×-28.5×
Price / sales7.2×-0.3×7.5×+0.5×-0.3×7.4×-1.9×
Price / book9.9×-0.5×10.4×-0.1×10.5×-1.2×11.7×-2.5×
EV / EBITDA38.7×-4.2×42.8×+2.8×40.1×+0.4×39.6×-13.4×
EV / sales7.1×-0.3×7.4×+0.6×6.8×-0.4×7.3×-2.0×
Free cash flow yield26.2%+8.4pp17.8%-8.7pp26.5%-0.6pp27.2%+4.2pp
Earnings yield24.7%+0.7pp24%-1.8pp25.8%-1.0pp26.8%+9.0pp
Dividend yield6.6%+0.1pp6.5%-0.3pp6.9%+0.4pp6.4%+1.5pp

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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.