TTM
11.5%
YoY change
+3.04pp
Trough year (2007)
7.6%
Peak year (2009)
18.2%
Latest annual
12.3%
FCF Margin history chart for Cognizant (CTSH) from 1998 to 2025
Latest: 12.3%
FCF Margin change chart for Cognizant (CTSH) from 1998 to 2025
Latest: +3.04pp
FCF Margin history table for Cognizant (CTSH) from 1998 to 2025
| 2025 | 12.3% | +3.04pp | ||
| 2024 | 9.3% | -1.14pp | ||
| 2023 | 10.4% | -1.11pp | ||
| 2022 | 11.5% | -0.46pp | ||
| 2021 | 12.0% | -5.45pp | ||
| 2020 | 17.4% | +4.87pp | ||
| 2019 | 12.6% | -1.18pp | ||
| 2018 | 13.7% | -0.60pp | ||
| 2017 | 14.3% | +4.54pp | ||
| 2016 | 9.8% | -5.35pp | ||
| 2015 | 15.1% | +2.86pp | ||
| 2014 | 12.3% | -0.86pp | ||
| 2013 | 13.1% | +1.73pp | ||
| 2012 | 11.4% | +1.82pp | ||
| 2011 | 9.6% | -3.02pp | ||
| 2010 | 12.6% | -5.56pp | ||
| 2009 | 18.2% | +8.93pp | ||
| 2008 | 9.2% | +1.66pp | ||
| 2007 | 7.6% | -2.82pp | ||
| 2006 | 10.4% | +0.47pp | ||
| 2005 | 9.9% | -3.83pp | ||
| 2004 | 13.8% | +0.22pp | ||
| 2003 | 13.5% | -1.48pp | ||
| 2002 | 15.0% | +5.39pp | ||
| 2001 | 9.6% | -4.65pp | ||
| 2000 | 14.3% | -0.01pp | ||
| 1999 | 14.3% | -2.27pp | ||
| 1998 | 16.6% | — |
- 202512.3%+3.04pp
- 20249.3%-1.14pp
- 202310.4%-1.11pp
- 202211.5%-0.46pp
- 202112.0%-5.45pp
- 202017.4%+4.87pp
- 201912.6%-1.18pp
- 201813.7%-0.60pp
- 201714.3%+4.54pp
- 20169.8%-5.35pp
- 201515.1%+2.86pp
- 201412.3%-0.86pp
- 201313.1%+1.73pp
- 201211.4%+1.82pp
- 20119.6%-3.02pp
- 201012.6%-5.56pp
- 200918.2%+8.93pp
- 20089.2%+1.66pp
- 20077.6%-2.82pp
- 200610.4%+0.47pp
- 20059.9%-3.83pp
- 200413.8%+0.22pp
- 200313.5%-1.48pp
- 200215.0%+5.39pp
- 20019.6%-4.65pp
- 200014.3%-0.01pp
- 199914.3%-2.27pp
- 199816.6%—
FCF Margin values are taken from Cognizant's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Cognizant (CTSH)
According to Cognizant's latest reported financial statements, the company's latest reported free cash flow margin is 11.5%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Cognizant (CTSH) free cash flow margin is 12.29% – expanded 3.0 percentage points year-over-year.
18.17% stands as the all-time-high annual free cash flow margin, posted in 2009, against a low of 7.58% during 2007.
Cognizant FCF Margin by Year
Cognizant FCF Margin 2025: 12.3%
Cognizant posted free cash flow margin of 12.29% in 2025, expanded 3.0 percentage points from 2024.
Cognizant FCF Margin 2024: 9.3%
In 2024, Cognizant reported free cash flow margin of 9.26%, contracted 1.1 percentage points from 2023.
Cognizant FCF Margin 2023: 10.4%
Cognizant free cash flow margin in 2023 was 10.40%, contracted 1.1 percentage points from 2022.
Cognizant FCF Margin 2022: 11.5%
2022's free cash flow margin for Cognizant came in at 11.51%, contracted 0.5 percentage points from 2021.
Cognizant FCF Margin 2021: 12.0%
Cognizant free cash flow margin in 2021 was 11.97%.
See more financial history for Cognizant (CTSH).
Sector peers by FCF Margin
Technology peers of Cognizant (CTSH), ranked by their latest free cash flow margin
| 47.0% | |
| 43.4% | |
| 28.6% | |
| 26.6% | |
| 25.5% | |
| 22.9% | |
| 22.9% | |
| 17.7% |
- 47.0%
- 43.4%
- 28.6%
- 26.6%
- 25.5%
- 22.9%
- 22.9%
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