Cognizant Technology Solutions Corp Class A (CTSH)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	2,126,000	2,089,000	2,193,000	2,307,000	2,290,000	2,345,000	2,260,000	2,195,000	2,137,000	1,877,000	1,681,000	1,530,000	1,392,000	1,471,000	1,620,000	1,768,000	1,842,000	2,095,000	2,075,000	2,022,000
Revenue (ttm)	US$ in thousands	19,353,000	19,434,000	19,394,000	19,414,000	19,428,000	19,366,000	19,253,000	18,932,000	18,507,000	17,914,000	17,413,000	16,828,000	16,652,000	16,752,000	16,757,000	16,898,000	16,783,000	16,628,000	16,458,000	16,323,000
Net profit margin		10.99%	10.75%	11.31%	11.88%	11.79%	12.11%	11.74%	11.59%	11.55%	10.48%	9.65%	9.09%	8.36%	8.78%	9.67%	10.46%	10.98%	12.60%	12.61%	12.39%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,126,000K ÷ $19,353,000K
= 10.99%

Based on the data provided, Cognizant Technology Solutions Corp.'s net profit margin has shown some fluctuation over the past eight quarters. The net profit margin ranged from a high of 12.11% in Q3 2022 to a low of 10.75% in Q3 2023. Overall, the company has maintained a relatively healthy net profit margin, with an average of approximately 11.52% over the period analyzed.

The slight variability in net profit margin may be attributed to various factors such as changes in revenue, operating expenses, or one-time events impacting profitability during certain quarters. Despite the fluctuations, Cognizant's net profit margin has generally remained above 10%, indicating the company's ability to generate profits relative to its total revenue.

It is important for stakeholders to continue monitoring Cognizant's net profit margin over time to assess the company's profitability and efficiency in managing its costs and operations.