Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Cognizant Technology Solutions Corporation (CTSH) had Return on Tangible Equity of 9.32% for the most recently reported fiscal quarter, ending 2024-12-31.

Quarterly Annual

Figures for fiscal quarter ending 2024-12-31

Income Statement Financials
Revenue	$5.08B
Net Income	$546.00M
Cost of Goods Sold	$3.30B
Gross Profit	$1.78B
Operating Expenses	$4.33B
Operating Income	$751.00M
Non-Operating Income/Expense	$-11.00M
Pre-Tax Income	$740.00M
Normalized Pre-Tax Income	$740.00M
Income after Taxes	$541.00M
Income from Continuous Operations	$546.00M
Consolidated Net Income/Loss	$546.00M
Normalized Income after Taxes	$541.00M
EBIT	$751.00M
EBITDA	$894.00M
Weighted-Average Shares Outstanding (Basic)	496.00M
Weighted-Average Shares Outstanding (Diluted)	497.00M
Earnings per Share (EPS) (Basic)	$1.11
Earnings per Share (EPS) (Diluted)	$1.10
Balance Sheet Financials
Current Assets	$7.50B
Property, Plant, and Equipment	$994.00M
Long-Term Assets	$12.46B
Total Assets	$19.97B
Current Liabilities	$3.58B
Long-Term Debt	$875.00M
Long-Term Liabilities	$1.97B
Total Liabilities	$5.56B
Common Equity	$14.41B
Tangible Shareholders Equity	$5.86B
Shareholders Equity	$14.41B
Common Shares Outstanding	495.00M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$2.12B
Cash Flow from Investing Activities	$-1.65B
Cash Flow from Financial Activities	$-915.00M
Beginning Cash	$2.72B
End Cash	$2.23B
Increase/Decrease in Cash	$-486.00M
Stock-Based Compensation	$175.00M
Common Stock Dividends Paid	$-600.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.09
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.06
Debt to Equity Ratio	0.06
Gross Margin	35.12%
Operating Margin	14.78%
EBIT Margin	14.78%
EBITDA Margin	--
Pre-Tax Profit Margin	14.56%
Profit Margin	10.74%
Free Cash Flow	$1.83B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.25
Inventory Turnover	--
Receiveable Turnover	1.25
Days Sales in Receivables	71.88
Return on Equity	3.79%
Return on Tangible Equity	9.32%
Return on Assets	2.73%
Return on Investments	3.57%
Book Value Per Share	$29.11
Free Cash Flow per Share	$3.68
Operating Cash Flow per Share	$4.27

Data from Zacks Investment Research, Inc.