Cognizant Income Tax Expense from 2010 to 2024

CTSH Stock  USD 80.49  0.26  0.32%   
Cognizant Technology's Income Tax Expense is increasing with slightly volatile movements from year to year. Income Tax Expense is predicted to flatten to about 369.8 M. For the period between 2010 and 2024, Cognizant Technology, Income Tax Expense quarterly trend regression had mean deviation of  202,870,995 and range of 1.1 B. View All Fundamentals
 
Income Tax Expense  
First Reported
1998-03-31
Previous Quarter
165 M
Current Value
170 M
Quarterly Volatility
99.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cognizant Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cognizant Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 545 M, Interest Expense of 43 M or Selling General Administrative of 3.5 B, as well as many indicators such as Price To Sales Ratio of 1.87, Dividend Yield of 0.0101 or PTB Ratio of 2.74. Cognizant financial statements analysis is a perfect complement when working with Cognizant Technology Valuation or Volatility modules.
  
Check out the analysis of Cognizant Technology Correlation against competitors.

Latest Cognizant Technology's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Cognizant Technology Solutions over the last few years. It is Cognizant Technology's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cognizant Technology's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Cognizant Income Tax Expense Regression Statistics

Arithmetic Mean571,558,442
Geometric Mean409,440,231
Coefficient Of Variation46.80
Mean Deviation202,870,995
Median643,000,000
Standard Deviation267,514,836
Sample Variance71564.2T
Range1.1B
R-Value0.51
Mean Square Error57136.2T
R-Squared0.26
Significance0.05
Slope30,421,316
Total Sum of Squares1001898.6T

Cognizant Income Tax Expense History

2024369.8 M
2023668 M
2022730 M
2021693 M
2020704 M
2019643 M
2018698 M

About Cognizant Technology Financial Statements

Investors use fundamental indicators, such as Cognizant Technology's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Cognizant Technology's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense668 M369.8 M

Currently Active Assets on Macroaxis

When determining whether Cognizant Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognizant Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cognizant Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognizant Technology Solutions Stock:
Check out the analysis of Cognizant Technology Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognizant Technology. If investors know Cognizant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognizant Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.125
Dividend Share
1.2
Earnings Share
4.52
Revenue Per Share
38.96
Quarterly Revenue Growth
0.03
The market value of Cognizant Technology is measured differently than its book value, which is the value of Cognizant that is recorded on the company's balance sheet. Investors also form their own opinion of Cognizant Technology's value that differs from its market value or its book value, called intrinsic value, which is Cognizant Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognizant Technology's market value can be influenced by many factors that don't directly affect Cognizant Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognizant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognizant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognizant Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.