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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	135.5%-1.9pp	136.2%-1.3pp	136.8%-0.9pp	137.1%-0.7pp	137.3%-1.1pp
Operating margin	63%+3.8pp	62.4%+4.5pp	61%+3.9pp	60%+4.0pp	59.2%+3.5pp
Net margin	43.1%-3.0pp	44.4%-0.8pp	45.2%+0.4pp	46.6%+2.6pp	46.1%+2.2pp
EBITDA margin	73.6%+3.3pp	73.1%+3.9pp	71.8%+3.3pp	70.9%+3.4pp	70.3%+3.1pp
Free cash flow margin	47.7%+10.9pp	46.8%+13.2pp	43.7%+8.9pp	39.5%+2.9pp	36.7%-2.8pp
Returns
Return on equity	61.2%-4.4pp	63%-2.1pp	64%-1.5pp	66%+0.1pp	65.7%-1.4pp
Return on assets	45.1%-2.6pp	46.4%-0.5pp	47.1%+0.1pp	48.3%+1.3pp	47.7%+0.3pp
Return on invested capital	62.7%-4.9pp	65%-1.8pp	66.6%-0.4pp	68.2%+0.6pp	67.6%-1.0pp
Efficiency
Asset turnover	4.2×0.0×	4.2×0.0×	4.2×0.0×	4.1×-0.1×	4.1×-0.2×
Liquidity
Current ratio	9.1×+0.1×	9.1×0.0×	9.1×-0.2×	8.9×-0.4×	9×-0.1×
Quick ratio	9.1×+0.1×	9.1×0.0×	9.1×-0.2×	8.9×-0.4×	9×-0.1×
Cash ratio	2.2×-0.3×	2.4×-0.3×	2.5×-0.4×	2.4×-0.6×	2.5×-0.3×
Leverage
Debt-to-equity	0.3×-0.1×	0.3×-0.1×	0.3×-0.1×	0.4×0.0×	0.4×0.0×
Debt-to-assets	0.2×-0.1×	0.2×-0.1×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Net debt / EBITDA	-0.8×0.0×	-0.9×0.0×	-0.9×+0.1×	-0.6×+0.6×	-0.8×+0.3×
Interest coverage	324.2×+87.5×	274×+30.4×	236×-19.7×	229.8×-33.3×	236.7×-44.7×
Per Share
Book value per share	$123.96+6.7%	$122.47+8.3%	$120.75+9.5%	$119.30+11.8%	$116.13+11.4%
Valuation
Market capitalization	$140.4B-5.2%	$148.9B+1.5%	$146.97B+0.4%	$152.47B+7.1%	$148.03B+4.5%
Enterprise value	$137.48B-5.4%	$145.58B+1.2%	$143.65B+0.4%	$150.17B+8.5%	$145.4B+5.3%
Price / earnings	62.2×-3.2×	65.1×-1.7×	64.2×-3.5×	65.8×-1.3×	65.5×-1.3×
Price / sales	6.7×-0.8×	7.2×-0.3×	7.3×-0.3×	7.7×+0.3×	7.5×+0.2×
Price / book	9.3×-0.9×	9.9×-0.5×	9.9×-0.8×	10.3×-0.3×	10.3×-0.5×
EV / EBITDA	35.7×-6.5×	38.7×-4.2×	39.6×-3.7×	42.5×+0.1×	42.2×-0.3×
EV / sales	6.6×-0.8×	7.1×-0.3×	7.1×-0.3×	7.5×+0.4×	7.4×+0.3×
Free cash flow yield	29%+9.4pp	26.2%+8.4pp	24.5%+6.1pp	20.7%+0.8pp	19.5%-2.3pp
Earnings yield	26%+1.5pp	24.7%+0.7pp	25%+1.2pp	24.4%+0.4pp	24.5%+0.4pp
Dividend yield	7.1%+0.6pp	6.6%+0.1pp	6.6%+0.1pp	6.3%-0.3pp	6.5%-0.1pp

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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.