Cognizant Technology Solutions price to free cash flow CTSH
Market value divided by free cash flow over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 12.2×
- 10-year median
- 17.6×
- Against its 10-year history
- 10th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 7.7× to 29.1×
- Peer median
- 14.6×
Cognizant Technology Solutions' price to free cash flow is 12.2× as of Oct 23, 2026.
That is below its ten-year median of 17.6×, lower than on 90% of days in the last ten years.
Over that time it ranged from 7.7× in Jun 2026 to 29.1× in May 2017.
The median for 9 IT services stocks of a similar size is 14.6×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 12.2× | 7.7× | 15.5× |
| 2025 | 15.6× | 13.2× | 25.9× |
| 2024 | 23.8× | 16.6× | 26.5× |
| 2023 | 19.3× | 11.7× | 19.4× |
| 2022 | 12.3× | 11.3× | 21.7× |
| 2021 | 20.6× | 13.4× | 20.6× |
| 2020 | 14.9× | 11.3× | 20.4× |
| 2019 | 18.2× | 15.4× | 19.3× |
| 2018 | 15.4× | 14.7× | 25.9× |
| 2017 | 22.3× | 22.3× | 29.1× |
| 2016 | 23.8× | 17.5× | 25.4× |
| 2015 | 24.1× | 22.7× | 32.5× |
| 2014 | 23.3× | 19.8× | 31.1× |
| 2013 | 30.0× | 22.3× | 31.2× |
| 2012 | 28.5× | 25.9× | 39.9× |
| 2011 | 26.1× | 24.6× | 48.7× |
| 2010 | 45.9× | 28.5× | 45.9× |
Against its peers
Companies in Information Technology Services nearest Cognizant Technology Solutions' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| CTSHCognizant Technology Solutions | 12.2× |
| FISVFiserv | 6.8× |
| BRBroadridge Financial Solutions | 16.3× |
| CDWCDW | 24.0× |
| FISFidelity National Information Services | 6.9× |
| JKHYJack Henry & Associates | 16.4× |
| EPAMEPAM Systems | 14.6× |
| ACNAccenture | 14.4× |
| DOCSDoximity | n/m |
| IBMInternational Business Machines | n/m |
| Peer median | 14.6× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Cognizant Technology Solutions
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.