Cognizant Technology Solutions Corp Class A (CTSH) — Capital Reinvestment Ratio
Cognizant Technology Solutions Corp Class A (CTSH) has a Capital Reinvestment Ratio of 0.28x as of March 2026, meaning it reinvests 0% of its operating cash flow ($274.00 Million) in capital expenditures ($76.00 Million). See CTSH cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Cognizant Technology Solutions Corp Class A Capital Reinvestment Ratio (1998–2025)
This chart tracks Cognizant Technology Solutions Corp Class A's Capital Reinvestment Ratio across 28 annual periods.
Annual Capital Reinvestment Ratio for Cognizant Technology Solutions Corp Class A (1998–2025)
Year-by-year Capital Reinvestment Ratio for Cognizant Technology Solutions Corp Class A from 1998 to 2025. For live market cap and broader valuation context, see CTSH company net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.10x | $2.88 Billion | $288.00 Million | ▼ -28.6% |
| 2024 | 0.14x | $2.12 Billion | $297.00 Million | ▲ +2.8% |
| 2023 | 0.14x | $2.33 Billion | $317.00 Million | ▲ +5.2% |
| 2022 | 0.13x | $2.57 Billion | $332.00 Million | ▲ +15.6% |
| 2021 | 0.11x | $2.50 Billion | $279.00 Million | ▼ -7.3% |
| 2020 | 0.12x | $3.30 Billion | $398.00 Million | ▼ -23.1% |
| 2019 | 0.16x | $2.50 Billion | $392.00 Million | ▲ +7.8% |
| 2018 | 0.15x | $2.59 Billion | $377.00 Million | ▲ +23.3% |
| 2017 | 0.12x | $2.41 Billion | $284.00 Million | ▼ -36.2% |
| 2016 | 0.19x | $1.62 Billion | $300.00 Million | ▲ +46.1% |
| 2015 | 0.13x | $2.15 Billion | $272.80 Million | ▼ -12.1% |
| 2014 | 0.14x | $1.47 Billion | $212.20 Million | ▼ -21.6% |
| 2013 | 0.18x | $1.42 Billion | $261.63 Million | ▼ -35.6% |
| 2012 | 0.29x | $1.17 Billion | $334.46 Million | ▼ -13.4% |
| 2011 | 0.33x | $875.15 Million | $288.22 Million | ▲ +35.7% |
| 2010 | 0.24x | $764.65 Million | $185.51 Million | ▲ +112.8% |
| 2009 | 0.11x | $672.33 Million | $76.64 Million | ▼ -71.1% |
| 2008 | 0.39x | $429.70 Million | $169.41 Million | ▼ -25.6% |
| 2007 | 0.53x | $344.32 Million | $182.47 Million | ▲ +28.0% |
| 2006 | 0.41x | $252.88 Million | $104.73 Million | ▼ -7.8% |
| 2005 | 0.45x | $159.76 Million | $71.77 Million | ▲ +22.8% |
| 2004 | 0.37x | $127.33 Million | $46.58 Million | ▼ -2.6% |
| 2003 | 0.38x | $79.86 Million | $29.99 Million | ▼ -4.4% |
| 2002 | 0.39x | $56.68 Million | $22.27 Million | ▼ -15.7% |
| 2001 | 0.47x | $32.08 Million | $14.95 Million | ▲ +32.2% |
| 2000 | 0.35x | $30.22 Million | $10.65 Million | ▲ +11.1% |
| 1999 | 0.32x | $18.60 Million | $5.90 Million | ▲ +14.9% |
| 1998 | 0.28x | $13.40 Million | $3.70 Million | — |