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Cognizant Valuation Multiples
Discover revenue and EBITDA valuation multiples for Cognizant and similar public comparables like DCI Indonesia, Verisk Analytics, Experian, Fidelity Information Services and more.
Cognizant Overview
About Cognizant
Cognizant Technology Solutions is a multinational IT services provider that offers a range of consulting and business process outsourcing services. Originally founded in India, the company is headquartered in the US and serves enterprise customers spanning the financial services, healthcare, and resources industries. With most of its workforce located in India, Cognizant leverages a global delivery model that helps clients outsource their IT needs to offshore labor.
Founded
1988
HQ

Employees
351.6K
Website
Financials (LTM)
EV
$30B
Cognizant Financials
Cognizant reported last 12-month revenue of $21B and EBITDA of $4B.
In the same LTM period, Cognizant generated $7B in gross profit, $4B in EBITDA, and $2B in net income.
Revenue (LTM)
Cognizant P&L
In the most recent fiscal year, Cognizant reported revenue of $21B and EBITDA of $4B.
Cognizant expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $21B | XXX | $21B | XXX | XXX | XXX |
| Gross Profit | $7B | XXX | $7B | XXX | XXX | XXX |
| Gross Margin | 34% | XXX | 34% | XXX | XXX | XXX |
| EBITDA | $4B | XXX | $4B | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | 19% | XXX | XXX | XXX |
| EBIT Margin | 16% | XXX | 16% | XXX | XXX | XXX |
| Net Profit | $2B | XXX | $2B | XXX | XXX | XXX |
| Net Margin | 11% | XXX | 11% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Cognizant Stock Performance
Cognizant has current market cap of $30B, and enterprise value of $30B.
Market Cap Evolution
Cognizant's stock price is $63.47.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $30B | $30B | 0.0% | XXX | XXX | XXX | $4.66 |
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Start Free TrialCognizant Valuation Multiples
Cognizant trades at 1.4x EV/Revenue multiple, and 7.5x EV/EBITDA.
EV / Revenue (LTM)
Cognizant Financial Valuation Multiples
As of March 16, 2026, Cognizant has market cap of $30B and EV of $30B.
Equity research analysts estimate Cognizant's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Cognizant has a P/E ratio of 13.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $30B | XXX | $30B | XXX | XXX | XXX |
| EV (current) | $30B | XXX | $30B | XXX | XXX | XXX |
| EV/Revenue | 1.4x | XXX | 1.4x | XXX | XXX | XXX |
| EV/EBITDA | 7.5x | XXX | 7.3x | XXX | XXX | XXX |
| EV/EBIT | 8.8x | XXX | 8.9x | XXX | XXX | XXX |
| EV/Gross Profit | 4.1x | XXX | 4.2x | XXX | XXX | XXX |
| P/E | 13.1x | XXX | 13.6x | XXX | XXX | XXX |
| EV/FCF | 11.6x | XXX | 11.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Cognizant Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Cognizant Margins & Growth Rates
Cognizant's revenue in the last 12 month grew by 6%.
Cognizant's revenue per employee in the last FY averaged $0.1M.
Cognizant's rule of 40 is 24% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Cognizant's rule of X is 33% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Cognizant Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | 19% | XXX | XXX | XXX |
| EBITDA Growth | 7% | XXX | 2% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 24% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 33% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 18% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Cognizant Public Comps
See public comps and valuation multiples for other IT Consulting and BPO Services comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| DCI Indonesia | XXX | XXX | XXX | XXX | XXX | XXX |
| Verisk Analytics | XXX | XXX | XXX | XXX | XXX | XXX |
| Experian | XXX | XXX | XXX | XXX | XXX | XXX |
| Fidelity Information Services | XXX | XXX | XXX | XXX | XXX | XXX |
| Equifax | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Cognizant M&A Activity
Cognizant acquired XXX companies to date.
Last acquisition by Cognizant was on XXXXXXXX, XXXXX. Cognizant acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Cognizant
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialCognizant Investment Activity
Cognizant invested in XXX companies to date.
Cognizant made its latest investment on XXXXXXXX, XXXXX. Cognizant invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Cognizant
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Cognizant
| When was Cognizant founded? | Cognizant was founded in 1988. |
| Where is Cognizant headquartered? | Cognizant is headquartered in United States. |
| How many employees does Cognizant have? | As of today, Cognizant has over 351K employees. |
| Who is the CEO of Cognizant? | Cognizant's CEO is Ravi Kumar Singisetti. |
| Is Cognizant publicly listed? | Yes, Cognizant is a public company listed on Nasdaq. |
| What is the stock symbol of Cognizant? | Cognizant trades under CTSH ticker. |
| When did Cognizant go public? | Cognizant went public in 1998. |
| Who are competitors of Cognizant? | Cognizant main competitors are DCI Indonesia, Verisk Analytics, Experian, Fidelity Information Services. |
| What is the current market cap of Cognizant? | Cognizant's current market cap is $30B. |
| What is the current revenue of Cognizant? | Cognizant's last 12 months revenue is $21B. |
| What is the current revenue growth of Cognizant? | Cognizant revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of Cognizant? | Current revenue multiple of Cognizant is 1.4x. |
| Is Cognizant profitable? | Yes, Cognizant is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Cognizant? | Cognizant's last 12 months EBITDA is $4B. |
| What is Cognizant's EBITDA margin? | Cognizant's last 12 months EBITDA margin is 19%. |
| What is the current EV/EBITDA multiple of Cognizant? | Current EBITDA multiple of Cognizant is 7.5x. |
| What is the current FCF of Cognizant? | Cognizant's last 12 months FCF is $3B. |
| What is Cognizant's FCF margin? | Cognizant's last 12 months FCF margin is 12%. |
| What is the current EV/FCF multiple of Cognizant? | Current FCF multiple of Cognizant is 11.6x. |
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