Cognizant Historical Income Statement

CTSH Stock  USD 80.75  0.31  0.38%   
Historical analysis of Cognizant Technology income statement accounts such as Interest Expense of 43 M, Selling General Administrative of 3.5 B or Total Revenue of 20.3 B can show how well Cognizant Technology Solutions performed in making a profits. Evaluating Cognizant Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cognizant Technology's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Cognizant Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cognizant Technology is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognizant Technology Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About Cognizant Income Statement Analysis

Cognizant Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cognizant Technology shareholders. The income statement also shows Cognizant investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Cognizant Technology Income Statement Chart

As of now, Cognizant Technology's Total Revenue is increasing as compared to previous years. The Cognizant Technology's current Gross Profit is estimated to increase to about 7 B, while Income Tax Expense is projected to decrease to under 369.8 M.

Total Revenue

Total revenue comprises all receipts Cognizant Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Cognizant Technology Solutions minus its cost of goods sold. It is profit before Cognizant Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cognizant Technology. It is also known as Cognizant Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Cognizant Technology operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cognizant Technology Solutions is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Cognizant Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cognizant Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognizant Technology Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of now, Cognizant Technology's Total Revenue is increasing as compared to previous years. The Cognizant Technology's current Gross Profit is estimated to increase to about 7 B, while Income Tax Expense is projected to decrease to under 369.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit6.9B7.0B6.7B7.0B
Total Revenue18.5B19.4B19.4B20.3B

Cognizant Technology income statement Correlations

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Cognizant Technology Account Relationship Matchups

Cognizant Technology income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization905M559M574M569M519M545.0M
Interest Expense27M26M24M9M41M43.1M
Selling General Administrative3.0B3.1B3.5B3.4B3.3B3.5B
Total Revenue16.8B16.7B18.5B19.4B19.4B20.3B
Gross Profit6.1B6.0B6.9B7.0B6.7B7.0B
Other Operating Expenses14.1B14.3B15.7B16.5B16.7B17.5B
Operating Income2.5B2.1B2.8B3.0B2.7B2.8B
Ebit2.5B2.1B2.8B3.0B2.8B3.0B
Ebitda3.4B2.7B3.4B3.6B3.3B3.5B
Cost Of Revenue10.6B10.7B11.6B12.4B12.7B13.3B
Total Operating Expenses3.5B3.7B4.1B4.0B4B4.2B
Income Before Tax2.5B2.1B2.8B3.0B2.8B2.9B
Total Other Income Expense Net90M(18M)1M48M98M102.9M
Net Income1.8B1.4B2.1B2.3B2.1B2.2B
Income Tax Expense643M704M693M730M668M369.8M
Net Income Applicable To Common Shares1.8B1.4B2.1B2.3B2.6B2.8B
Net Income From Continuing Ops1.9B1.4B2.1B2.3B2.1B1.6B
Non Operating Income Net Other58M6M13M71M81.7M50.7M
Tax Provision643M704M693M730M666M589.5M
Interest Income177M176M119M30M59M84.6M
Reconciled Depreciation526M559M574M569M560M586.0M

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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:
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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.