Cognizant Technology Solutions Corp Class A (CTSH)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,953,000 | 2,961,000 | 2,925,000 | 2,781,000 | 2,794,000 | 2,755,000 | 2,851,000 | 3,025,000 | 3,020,000 | 3,044,000 | 2,963,000 | 2,898,000 | 2,830,000 | 2,560,000 | 2,453,000 | 2,252,000 | 2,096,000 | 2,197,000 | 2,230,000 | 2,411,000 |
| Revenue (ttm) | US$ in thousands | 19,736,000 | 19,412,000 | 19,265,000 | 19,301,000 | 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 |
| Pretax margin | 14.96% | 15.25% | 15.18% | 14.41% | 14.44% | 14.18% | 14.70% | 15.58% | 15.54% | 15.72% | 15.39% | 15.31% | 15.29% | 14.29% | 14.09% | 13.38% | 12.59% | 13.11% | 13.31% | 14.27% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,953,000K ÷ $19,736,000K
= 14.96%
The pretax margin of Cognizant Technology Solutions Corp Class A has experienced fluctuations over the past few years. Starting at 14.27% in March 2020, the pretax margin saw a slight decline by June 2020 to 13.31%. This downward trend continued until December 2020, reaching 12.59%.
However, there was an improvement in the pretax margin in the following quarters, with percentages increasing to 15.29% by December 2021. The pretax margin remained relatively stable throughout 2022 and the first half of 2023, fluctuating between 14.70% and 15.72%.
In the second half of 2023, there was a slight decline in the pretax margin to 14.44%. The margin saw a slight recovery in the first half of 2024, reaching 15.18% by June 2024. However, by the end of December 2024, the pretax margin decreased to 14.96%.
Overall, the pretax margin of Cognizant Technology Solutions Corp Class A has shown some volatility but has generally remained above 14%, indicating a healthy level of profitability before taxes. It is important for investors and stakeholders to monitor these fluctuations and trends to assess the company's financial performance and profitability over time.
Peer comparison
Dec 31, 2024