Conduent Incorporated (CNDT) 10-Year Financial Performance & Capital Metrics

CNDT • • Industrial / General

TechnologyIT ServicesCustomer Experience & Business Process OutsourcingCustomer Service BPO

AboutConduent Incorporated provides business process services with capabilities in transaction-intensive processing, analytics, and automation in the United States, Europe, and internationally. It operates through three segments: Commercial Industries, Government Services, and Transportation. The Commercial Industries segment offers business process services and customized solutions to clients in various industries; and end-user customer experience management, transaction processing services, healthcare and human resource, and learning services. The Government Services segment provides government-centric business process services to the United States federal, state, local, and foreign governments for public assistance, program administration, transaction processing, and payment services; medical management and fiscal agent care management services; and government healthcare, payment solutions, child support, and federal services. The Transportation segment offers systems and support comprising mission-critical mobility and payment solutions to government clients. This segment also provides electronic tolling, urban congestion management, and mileage-based user solutions; transit solutions; citation and permit administration, parking enforcement, and curbside demand management solutions; and computer-aided dispatch/automatic vehicle location solutions. Conduent Incorporated was founded in 2016 and is headquartered in Florham Park, New Jersey.Show more

Revenue $3.36B -9.8%
EBITDA $290M -44.1%
Net Income $426M +243.9%
EPS (Diluted) 2.23 +258.2%
Gross Margin 18.65% -16.8%
EBITDA Margin 8.64% -38.0%
Operating Margin 4.92% -50.4%
Net Margin 12.69% +259.6%
ROE 52.66% +237.9%
ROIC 8.05% -49.2%
Debt/Equity 0.84 -64.3%
Interest Coverage 2.20 -33.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Healthy dividend yield of 2.5%
✓Share count reduced 11.8% through buybacks
✓Trading at only 0.4x book value
✓Efficient asset utilization: 1.3x turnover

✗Weaknesses

✗Negative free cash flow
✗Sales declining 5.6% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-7.01%

5Y-5.56%

3Y-6.76%

TTM-12.45%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-133.56%

EPS CAGR

10Y-

5Y-

3Y-

TTM-130.44%

ROCE

10Y Avg5.76%

5Y Avg9.37%

3Y Avg9.55%

Latest7.95%

Peer Comparison

Customer Service BPO

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
EXLSExlService Holdings, Inc.	6.77B	42.63	35.23	12.74%	11.91%	25.35%	3.29%	0.39
TASKTaskUs, Inc.	412.23M	11.65	23.30	7.64%	7.11%	14.35%	24.21%	0.61
GGenpact Limited	7.97B	46.22	16.22	6.48%	11.01%	21.67%	6.65%	0.60
IBEXIBEX Limited	511.21M	37.96	16.08	9.77%	7.14%	28.81%	5.34%	0.52
CNXCConcentrix Corporation	2.6B	42.18	11.37	35.2%	3.25%	7.28%	16.46%	1.39
CNDTConduent Incorporated	316.48M	2.07	0.93	-9.83%	-4.85%	-17.35%		0.84
TTECTTEC Holdings, Inc.	161.18M	3.32	-0.49	-10.36%	-0.84%	-6.4%		4.03

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	6.66B	6.41B	6.02B	5.39B	4.47B	4.16B	4.14B	3.86B	3.72B	3.36B
Revenue Growth %	-0.04%	-0.04%	-0.06%	-0.1%	-0.17%	-0.07%	-0.01%	-0.07%	-0.04%	-0.1%
Cost of Goods Sold+	5.98B	5.5B	4.98B	4.18B	3.49B	3.21B	3.14B	3.02B	2.89B	2.73B
COGS % of Revenue	0.9%	0.86%	0.83%	0.78%	0.78%	0.77%	0.76%	0.78%	0.78%	0.81%
Gross Profit+	685M	910M	1.04B	1.21B	973M	954M	1B	840M	834M	626M
Gross Margin %	0.1%	0.14%	0.17%	0.22%	0.22%	0.23%	0.24%	0.22%	0.22%	0.19%
Gross Profit Growth %	-0.4%	0.33%	0.15%	0.16%	-0.2%	-0.02%	0.05%	-0.16%	-0.01%	-0.25%
Operating Expenses+	1B	997M	871M	1.03B	487M	469M	900M	677M	465M	461M
OpEx % of Revenue	0.15%	0.16%	0.14%	0.19%	0.11%	0.11%	0.22%	0.18%	0.12%	0.14%
Selling, General & Admin	699M	686M	615M	560M	0	0	544M	440M	0	0
SG&A % of Revenue	0.1%	0.11%	0.1%	0.1%	-	-	0.13%	0.11%	-	-
Research & Development	52M	31M	13M	11M	8M	1M	4M	7M	7M	6M
R&D % of Revenue	0.01%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Other Operating Expenses	-38M	-34M	18M	-5M	479M	468M	352M	230M	458M	455M
Operating Income+	-316M	-87M	174M	180M	486M	485M	102M	163M	369M	165M
Operating Margin %	-0.05%	-0.01%	0.03%	0.03%	0.11%	0.12%	0.02%	0.04%	0.1%	0.05%
Operating Income Growth %	-2.73%	0.72%	3%	0.03%	1.7%	-0%	-0.79%	0.6%	1.26%	-0.55%
EBITDA+	284M	526M	669M	640M	895M	886M	454M	393M	519M	290M
EBITDA Margin %	0.04%	0.08%	0.11%	0.12%	0.2%	0.21%	0.11%	0.1%	0.14%	0.09%
EBITDA Growth %	-0.71%	0.85%	0.27%	-0.04%	0.4%	-0.01%	-0.49%	-0.13%	0.32%	-0.44%
D&A (Non-Cash Add-back)	600M	613M	495M	460M	409M	401M	352M	230M	150M	125M
EBIT	-505M	-1.19B	178M	-283M	31M	23M	30M	-43M	90M	-49M
Net Interest Income+	-69M	-40M	-137M	-112M	-78M	-60M	-54M	-77M	-93M	-75M
Interest Income	0	0	0	0	0	0	1M	7M	18M	0
Interest Expense	69M	40M	137M	112M	78M	60M	55M	84M	111M	75M
Other Income/Expense	-258M	-1.14B	-193M	-575M	-2.25B	-624M	-127M	-290M	-701M	339M
Pretax Income+	-574M	-1.23B	-16M	-395M	-1.76B	-139M	-25M	-127M	-332M	504M
Pretax Margin %	-0.09%	-0.19%	-0%	-0.07%	-0.39%	-0.03%	-0.01%	-0.03%	-0.09%	0.15%
Income Tax+	-238M	-244M	-193M	21M	172M	-21M	3M	55M	-36M	78M
Effective Tax Rate %	0.72%	0.8%	-11.31%	1.05%	1.1%	0.85%	1.12%	1.43%	0.89%	0.85%
Net Income+	-414M	-983M	181M	-416M	-1.93B	-118M	-28M	-182M	-296M	426M
Net Margin %	-0.06%	-0.15%	0.03%	-0.08%	-0.43%	-0.03%	-0.01%	-0.05%	-0.08%	0.13%
Net Income Growth %	-4.11%	-1.37%	1.18%	-3.3%	-3.65%	0.94%	0.76%	-5.5%	-0.63%	2.44%
Net Income (Continuing)	-336M	-983M	177M	-416M	-1.93B	-118M	-28M	-182M	-296M	426M
Discontinued Operations	0	0	4M	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	4M	4M
EPS (Diluted)+	-2.04	-4.85	0.83	-2.02	-9.24	-0.56	-0.13	-0.84	-1.41	2.23
EPS Growth %	-4.1%	-1.38%	1.17%	-3.43%	-3.57%	0.94%	0.77%	-5.46%	-0.68%	2.58%
EPS (Basic)	-2.04	-4.85	0.84	-2.02	-9.24	-0.56	-0.13	-0.84	-1.41	2.28
Diluted Shares Outstanding	202.63M	202.68M	218.07M	206.06M	209.32M	210.02M	212.72M	215.89M	216.78M	191.13M
Basic Shares Outstanding	202.63M	202.68M	204M	206.06M	209.32M	210.02M	212.72M	215.89M	216.78M	182.51M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.87B	1.92B	2.71B	1.96B	1.59B	1.58B	1.68B	1.63B	1.66B	1.25B
Cash & Short-Term Investments	140M	390M	658M	756M	496M	450M	415M	582M	498M	366M
Cash Only	140M	390M	658M	756M	496M	450M	415M	582M	498M	366M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.52B	1.29B	1.15B	1.03B	917M	943M	911M	852M	783M	695M
Days Sales Outstanding	83.28	73.25	69.4	69.51	74.93	82.68	80.32	80.61	76.79	75.59
Inventory	41M	41M	757M	15M	0	0	0	0	0	0
Days Inventory Outstanding	2.5	2.72	55.52	1.31	-	-	-	-	-	-
Other Current Assets	53M	241M	865M	162M	103M	111M	270M	103M	304M	114M
Total Non-Current Assets+	7.18B	5.79B	4.84B	4.72B	2.93B	2.68B	2.36B	1.95B	1.51B	1.35B
Property, Plant & Equipment	280M	283M	257M	328M	613M	551M	512M	463M	388M	336M
Fixed Asset Turnover	23.79x	22.64x	23.43x	16.44x	7.29x	7.56x	8.09x	8.33x	9.59x	9.99x
Goodwill	4.87B	3.89B	3.37B	3.41B	1.5B	1.53B	1.34B	955M	651M	609M
Intangible Assets	1.82B	1.14B	891M	651M	616M	422M	326M	338M	267M	193M
Long-Term Investments	62M	-123M	0	0	0	0	0	0	0	3M
Other Non-Current Assets	23M	476M	324M	329M	197M	178M	179M	170M	180M	183M
Total Assets+	9.06B	7.71B	7.55B	6.68B	4.51B	4.26B	4.04B	3.57B	3.16B	2.6B
Asset Turnover	0.74x	0.83x	0.80x	0.81x	0.99x	0.98x	1.03x	1.08x	1.18x	1.29x
Asset Growth %	-0.17%	-0.15%	-0.02%	-0.11%	-0.32%	-0.06%	-0.05%	-0.12%	-0.11%	-0.18%
Total Current Liabilities+	2.74B	1.4B	1.37B	1.2B	1.18B	1.09B	1.02B	923M	868M	744M
Accounts Payable	264M	164M	118M	230M	198M	182M	198M	228M	174M	157M
Days Payables Outstanding	16.12	10.89	8.65	20.07	20.68	20.7	23.03	27.57	21.99	20.99
Short-Term Debt	24M	28M	82M	55M	50M	90M	30M	35M	34M	24M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	2.16B	730M	486M	374M	216M	269M	300M	250M	295M	42M
Current Ratio	0.68x	1.37x	1.98x	1.64x	1.35x	1.44x	1.64x	1.76x	1.91x	1.68x
Quick Ratio	0.67x	1.34x	1.43x	1.63x	1.35x	1.44x	1.64x	1.76x	1.91x	1.68x
Cash Conversion Cycle	69.66	65.08	116.26	50.74	-	-	-	-	-	-
Total Non-Current Liabilities+	1.16B	3.02B	2.65B	2.26B	2.04B	1.97B	1.88B	1.73B	1.66B	870M
Long-Term Debt	37M	1.91B	1.98B	1.51B	1.46B	1.42B	1.38B	1.28B	1.25B	615M
Capital Lease Obligations	0	-142M	0	0	229M	207M	184M	160M	157M	138M
Deferred Tax Liabilities	764M	619M	384M	327M	111M	121M	75M	83M	30M	24M
Other Non-Current Liabilities	254M	271M	146M	280M	212M	197M	189M	169M	171M	41M
Total Liabilities	3.9B	4.42B	4.02B	3.46B	3.21B	3.07B	2.9B	2.65B	2.53B	1.61B
Total Debt+	61M	1.94B	2.06B	1.57B	1.83B	1.8B	1.67B	1.53B	1.49B	829M
Net Debt	-79M	1.55B	1.4B	811M	1.34B	1.35B	1.25B	947M	995M	463M
Debt / Equity	0.01x	0.59x	0.58x	0.49x	1.41x	1.51x	1.47x	1.67x	2.36x	0.84x
Debt / EBITDA	0.21x	3.69x	3.08x	2.45x	2.05x	2.03x	3.67x	3.89x	2.88x	2.86x
Net Debt / EBITDA	-0.28x	2.95x	2.10x	1.27x	1.49x	1.52x	2.76x	2.41x	1.92x	1.60x
Interest Coverage	-4.58x	-2.18x	1.27x	1.61x	6.23x	8.08x	1.85x	1.94x	3.32x	2.20x
Total Equity+	5.16B	3.29B	3.53B	3.22B	1.3B	1.19B	1.13B	917M	633M	985M
Equity Growth %	-0.05%	-0.36%	0.07%	-0.09%	-0.6%	-0.08%	-0.05%	-0.19%	-0.31%	0.56%
Book Value per Share	25.47	16.22	16.18	15.64	6.21	5.67	5.32	4.25	2.92	5.15
Total Shareholders' Equity	5.16B	3.29B	3.53B	3.22B	1.3B	1.19B	1.13B	917M	629M	981M
Common Stock	5.34B	2M	2M	2M	2M	2M	2M	2M	2M	2M
Retained Earnings	5.34B	-142M	171M	-233M	-2.19B	-2.31B	-2.35B	-2.54B	-2.85B	-2.43B
Treasury Stock	0	0	0	0	0	0	0	0	-27M	-210M
Accumulated OCI	-181M	-526M	-494M	-425M	-407M	-398M	-429M	-466M	-435M	-472M
Minority Interest	0	0	0	0	0	0	0	0	4M	4M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	493M	108M	302M	283M	132M	161M	243M	144M	89M	-50M
Operating CF Margin %	0.07%	0.02%	0.05%	0.05%	0.03%	0.04%	0.06%	0.04%	0.02%	-0.01%
Operating CF Growth %	-0.26%	-0.78%	1.8%	-0.06%	-0.53%	0.22%	0.51%	-0.41%	-0.38%	-1.56%
Net Income	-414M	-983M	181M	-416M	-1.93B	-118M	-28M	-182M	-296M	426M
Depreciation & Amortization	600M	613M	497M	460M	459M	459M	387M	230M	264M	204M
Stock-Based Compensation	19M	24M	40M	38M	24M	20M	21M	21M	19M	19M
Deferred Taxes	-115M	-4M	-230M	-75M	-220M	-21M	0	9M	-54M	-5M
Other Non-Cash Items	236M	962M	-58M	158M	1.99B	14M	20M	200M	294M	-682M
Working Capital Changes	167M	-504M	-128M	118M	-183M	-193M	-157M	-134M	-138M	-12M
Change in Receivables	239M	-27M	31M	133M	107M	-14M	-45M	54M	26M	34M
Change in Inventory	142M	-300M	-121M	58M	-261M	0	0	0	0	0
Change in Payables	22M	-60M	-49M	-56M	-32M	39M	0	-10M	-52M	0
Cash from Investing+	514M	16M	74M	460M	-310M	-134M	-142M	173M	-93M	795M
Capital Expenditures	-194M	-188M	-132M	-224M	-215M	-76M	-80M	-92M	-51M	-28M
CapEx % of Revenue	0.03%	0.03%	0.02%	0.04%	0.05%	0.02%	0.02%	0.02%	0.01%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-34M	286M	-3M	-37M	2M	-63M	-62M	-61M	-42M	-28M
Cash from Financing+	-1.01B	132M	-109M	-637M	-85M	-74M	-132M	-131M	-81M	-877M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	-10M	-10M	-10M	-10M	-10M	-10M	-10M	-10M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-675M	-67M	-18M	-108M	-21M	-14M	-11M	-1M	-3M	-9M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	299M	-80M	170M	59M	-83M	22M	163M	-9M	-4M	-106M
FCF Margin %	0.04%	-0.01%	0.03%	0.01%	-0.02%	0.01%	0.04%	-0%	-0%	-0.03%
FCF Growth %	-0.33%	-1.27%	3.13%	-0.65%	-2.41%	1.27%	6.41%	-1.06%	0.56%	-25.5%
FCF per Share	1.48	-0.39	0.78	0.29	-0.40	0.10	0.77	-0.04	-0.02	-0.55
FCF Conversion (FCF/Net Income)	-1.19x	-0.11x	1.67x	-0.68x	-0.07x	-1.36x	-8.68x	-0.79x	-0.30x	-0.12x
Interest Paid	0	0	0	0	0	0	40M	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-7.83%	-23.27%	5.31%	-12.32%	-85.54%	-9.48%	-2.41%	-17.76%	-38.19%	52.66%
Return on Invested Capital (ROIC)	-4.45%	-1.32%	2.67%	3.01%	10.93%	14.06%	3.11%	5.75%	15.85%	8.05%
Gross Margin	10.28%	14.2%	17.35%	22.45%	21.78%	22.92%	24.2%	21.77%	22.41%	18.65%
Net Margin	-6.21%	-15.34%	3.01%	-7.71%	-43.3%	-2.83%	-0.68%	-4.72%	-7.95%	12.69%
Debt / Equity	0.01x	0.59x	0.58x	0.49x	1.41x	1.51x	1.47x	1.67x	2.36x	0.84x
Interest Coverage	-4.58x	-2.18x	1.27x	1.61x	6.23x	8.08x	1.85x	1.94x	3.32x	2.20x
FCF Conversion	-1.19x	-0.11x	1.67x	-0.68x	-0.07x	-1.36x	-8.68x	-0.79x	-0.30x	-0.12x
Revenue Growth	-3.98%	-3.81%	-6.02%	-10.45%	-17.17%	-6.81%	-0.55%	-6.81%	-3.53%	-9.83%

Revenue by Segment

	2016	2017	2018	2019	2020	2021	2022	2023	2024
Commercial Industries segment	2.69B	3.55B	2.55B	2.38B	2.16B	2.08B	1.99B	1.93B	1.61B
Commercial Industries segment Growth	-	31.90%	-28.21%	-6.36%	-9.31%	-4.02%	-4.05%	-3.01%	-16.87%
Government services	-	-	1.35B	1.26B	1.28B	1.32B	1.15B	1.09B	984M
Government services Growth	-	-	-	-6.51%	1.43%	2.89%	-12.75%	-4.87%	-10.05%
Transportation Services	-	-	729M	781M	719M	746M	709M	696M	586M
Transportation Services Growth	-	-	-	7.13%	-7.94%	3.76%	-4.96%	-1.83%	-15.80%
Other Operating	-	-	-	-	-	-	-	-	180M
Other Operating Growth	-	-	-	-	-	-	-	-	-
Others	301M	311M	766M	38M	-	-	7M	-	-
Others Growth	-	3.32%	146.30%	-95.04%	-	-	-	-	-
Public Sector	1.73B	2.16B	-	-	-	-	-	-	-
Public Sector Growth	-	24.96%	-	-	-	-	-	-	-
Healthcare	1.69B	-	-	-	-	-	-	-	-
Healthcare Growth	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	5.69B	5.3B	4.75B	4B	3.75B	3.71B	3.47B	3.33B	2.89B
UNITED STATES Growth	-	-6.74%	-10.47%	-15.75%	-6.30%	-0.96%	-6.44%	-4.18%	-13.25%
Europe	547M	538M	497M	386M	357M	368M	328M	314M	291M
Europe Growth	-	-1.65%	-7.62%	-22.33%	-7.51%	3.08%	-10.87%	-4.27%	-7.32%
Geographical, other countries	175M	181M	148M	81M	58M	60M	57M	80M	178M
Geographical, other countries Growth	-	3.43%	-18.23%	-45.27%	-28.40%	3.45%	-5.00%	40.35%	122.50%

Frequently Asked Questions

Valuation & Price

Conduent Incorporated (CNDT) has a price-to-earnings (P/E) ratio of 0.9x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Conduent Incorporated (CNDT) reported $3.07B in revenue for fiscal year 2024. This represents a 56% decrease from $6.94B in 2014.

Conduent Incorporated (CNDT) saw revenue decline by 9.8% over the past year.

Conduent Incorporated (CNDT) reported a net loss of $149.0M for fiscal year 2024.

Dividend & Returns

Yes, Conduent Incorporated (CNDT) pays a dividend with a yield of 2.53%. This makes it attractive for income-focused investors.

Conduent Incorporated (CNDT) has a return on equity (ROE) of 52.7%. This is excellent, indicating efficient use of shareholder capital.

Conduent Incorporated (CNDT) had negative free cash flow of $119.0M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

...

Conduent Incorporated (CNDT) 10-Year Financial Performance & Capital Metrics

CNDT • • Industrial / General

TechnologyIT ServicesCustomer Experience & Business Process OutsourcingCustomer Service BPO

Revenue $3.36B -9.8%
EBITDA $290M -44.1%
Net Income $426M +243.9%
EPS (Diluted) 2.23 +258.2%
Gross Margin 18.65% -16.8%
EBITDA Margin 8.64% -38.0%
Operating Margin 4.92% -50.4%
Net Margin 12.69% +259.6%
ROE 52.66% +237.9%
ROIC 8.05% -49.2%
Debt/Equity 0.84 -64.3%
Interest Coverage 2.20 -33.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Healthy dividend yield of 2.5%
✓Share count reduced 11.8% through buybacks
✓Trading at only 0.4x book value
✓Efficient asset utilization: 1.3x turnover

✗Weaknesses

✗Negative free cash flow
✗Sales declining 5.6% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-7.01%

5Y-5.56%

3Y-6.76%

TTM-12.45%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-133.56%

EPS CAGR

10Y-

5Y-

3Y-

TTM-130.44%

ROCE

10Y Avg5.76%

5Y Avg9.37%

3Y Avg9.55%

Latest7.95%

Peer Comparison

Customer Service BPO

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
EXLSExlService Holdings, Inc.	6.77B	42.63	35.23	12.74%	11.91%	25.35%	3.29%	0.39
TASKTaskUs, Inc.	412.23M	11.65	23.30	7.64%	7.11%	14.35%	24.21%	0.61
GGenpact Limited	7.97B	46.22	16.22	6.48%	11.01%	21.67%	6.65%	0.60
IBEXIBEX Limited	511.21M	37.96	16.08	9.77%	7.14%	28.81%	5.34%	0.52
CNXCConcentrix Corporation	2.6B	42.18	11.37	35.2%	3.25%	7.28%	16.46%	1.39
CNDTConduent Incorporated	316.48M	2.07	0.93	-9.83%	-4.85%	-17.35%		0.84
TTECTTEC Holdings, Inc.	161.18M	3.32	-0.49	-10.36%	-0.84%	-6.4%		4.03

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	6.66B	6.41B	6.02B	5.39B	4.47B	4.16B	4.14B	3.86B	3.72B	3.36B
Revenue Growth %	-0.04%	-0.04%	-0.06%	-0.1%	-0.17%	-0.07%	-0.01%	-0.07%	-0.04%	-0.1%
Cost of Goods Sold+	5.98B	5.5B	4.98B	4.18B	3.49B	3.21B	3.14B	3.02B	2.89B	2.73B
COGS % of Revenue	0.9%	0.86%	0.83%	0.78%	0.78%	0.77%	0.76%	0.78%	0.78%	0.81%
Gross Profit+	685M	910M	1.04B	1.21B	973M	954M	1B	840M	834M	626M
Gross Margin %	0.1%	0.14%	0.17%	0.22%	0.22%	0.23%	0.24%	0.22%	0.22%	0.19%
Gross Profit Growth %	-0.4%	0.33%	0.15%	0.16%	-0.2%	-0.02%	0.05%	-0.16%	-0.01%	-0.25%
Operating Expenses+	1B	997M	871M	1.03B	487M	469M	900M	677M	465M	461M
OpEx % of Revenue	0.15%	0.16%	0.14%	0.19%	0.11%	0.11%	0.22%	0.18%	0.12%	0.14%
Selling, General & Admin	699M	686M	615M	560M	0	0	544M	440M	0	0
SG&A % of Revenue	0.1%	0.11%	0.1%	0.1%	-	-	0.13%	0.11%	-	-
Research & Development	52M	31M	13M	11M	8M	1M	4M	7M	7M	6M
R&D % of Revenue	0.01%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Other Operating Expenses	-38M	-34M	18M	-5M	479M	468M	352M	230M	458M	455M
Operating Income+	-316M	-87M	174M	180M	486M	485M	102M	163M	369M	165M
Operating Margin %	-0.05%	-0.01%	0.03%	0.03%	0.11%	0.12%	0.02%	0.04%	0.1%	0.05%
Operating Income Growth %	-2.73%	0.72%	3%	0.03%	1.7%	-0%	-0.79%	0.6%	1.26%	-0.55%
EBITDA+	284M	526M	669M	640M	895M	886M	454M	393M	519M	290M
EBITDA Margin %	0.04%	0.08%	0.11%	0.12%	0.2%	0.21%	0.11%	0.1%	0.14%	0.09%
EBITDA Growth %	-0.71%	0.85%	0.27%	-0.04%	0.4%	-0.01%	-0.49%	-0.13%	0.32%	-0.44%
D&A (Non-Cash Add-back)	600M	613M	495M	460M	409M	401M	352M	230M	150M	125M
EBIT	-505M	-1.19B	178M	-283M	31M	23M	30M	-43M	90M	-49M
Net Interest Income+	-69M	-40M	-137M	-112M	-78M	-60M	-54M	-77M	-93M	-75M
Interest Income	0	0	0	0	0	0	1M	7M	18M	0
Interest Expense	69M	40M	137M	112M	78M	60M	55M	84M	111M	75M
Other Income/Expense	-258M	-1.14B	-193M	-575M	-2.25B	-624M	-127M	-290M	-701M	339M
Pretax Income+	-574M	-1.23B	-16M	-395M	-1.76B	-139M	-25M	-127M	-332M	504M
Pretax Margin %	-0.09%	-0.19%	-0%	-0.07%	-0.39%	-0.03%	-0.01%	-0.03%	-0.09%	0.15%
Income Tax+	-238M	-244M	-193M	21M	172M	-21M	3M	55M	-36M	78M
Effective Tax Rate %	0.72%	0.8%	-11.31%	1.05%	1.1%	0.85%	1.12%	1.43%	0.89%	0.85%
Net Income+	-414M	-983M	181M	-416M	-1.93B	-118M	-28M	-182M	-296M	426M
Net Margin %	-0.06%	-0.15%	0.03%	-0.08%	-0.43%	-0.03%	-0.01%	-0.05%	-0.08%	0.13%
Net Income Growth %	-4.11%	-1.37%	1.18%	-3.3%	-3.65%	0.94%	0.76%	-5.5%	-0.63%	2.44%
Net Income (Continuing)	-336M	-983M	177M	-416M	-1.93B	-118M	-28M	-182M	-296M	426M
Discontinued Operations	0	0	4M	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	4M	4M
EPS (Diluted)+	-2.04	-4.85	0.83	-2.02	-9.24	-0.56	-0.13	-0.84	-1.41	2.23
EPS Growth %	-4.1%	-1.38%	1.17%	-3.43%	-3.57%	0.94%	0.77%	-5.46%	-0.68%	2.58%
EPS (Basic)	-2.04	-4.85	0.84	-2.02	-9.24	-0.56	-0.13	-0.84	-1.41	2.28
Diluted Shares Outstanding	202.63M	202.68M	218.07M	206.06M	209.32M	210.02M	212.72M	215.89M	216.78M	191.13M
Basic Shares Outstanding	202.63M	202.68M	204M	206.06M	209.32M	210.02M	212.72M	215.89M	216.78M	182.51M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.87B	1.92B	2.71B	1.96B	1.59B	1.58B	1.68B	1.63B	1.66B	1.25B
Cash & Short-Term Investments	140M	390M	658M	756M	496M	450M	415M	582M	498M	366M
Cash Only	140M	390M	658M	756M	496M	450M	415M	582M	498M	366M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.52B	1.29B	1.15B	1.03B	917M	943M	911M	852M	783M	695M
Days Sales Outstanding	83.28	73.25	69.4	69.51	74.93	82.68	80.32	80.61	76.79	75.59
Inventory	41M	41M	757M	15M	0	0	0	0	0	0
Days Inventory Outstanding	2.5	2.72	55.52	1.31	-	-	-	-	-	-
Other Current Assets	53M	241M	865M	162M	103M	111M	270M	103M	304M	114M
Total Non-Current Assets+	7.18B	5.79B	4.84B	4.72B	2.93B	2.68B	2.36B	1.95B	1.51B	1.35B
Property, Plant & Equipment	280M	283M	257M	328M	613M	551M	512M	463M	388M	336M
Fixed Asset Turnover	23.79x	22.64x	23.43x	16.44x	7.29x	7.56x	8.09x	8.33x	9.59x	9.99x
Goodwill	4.87B	3.89B	3.37B	3.41B	1.5B	1.53B	1.34B	955M	651M	609M
Intangible Assets	1.82B	1.14B	891M	651M	616M	422M	326M	338M	267M	193M
Long-Term Investments	62M	-123M	0	0	0	0	0	0	0	3M
Other Non-Current Assets	23M	476M	324M	329M	197M	178M	179M	170M	180M	183M
Total Assets+	9.06B	7.71B	7.55B	6.68B	4.51B	4.26B	4.04B	3.57B	3.16B	2.6B
Asset Turnover	0.74x	0.83x	0.80x	0.81x	0.99x	0.98x	1.03x	1.08x	1.18x	1.29x
Asset Growth %	-0.17%	-0.15%	-0.02%	-0.11%	-0.32%	-0.06%	-0.05%	-0.12%	-0.11%	-0.18%
Total Current Liabilities+	2.74B	1.4B	1.37B	1.2B	1.18B	1.09B	1.02B	923M	868M	744M
Accounts Payable	264M	164M	118M	230M	198M	182M	198M	228M	174M	157M
Days Payables Outstanding	16.12	10.89	8.65	20.07	20.68	20.7	23.03	27.57	21.99	20.99
Short-Term Debt	24M	28M	82M	55M	50M	90M	30M	35M	34M	24M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	2.16B	730M	486M	374M	216M	269M	300M	250M	295M	42M
Current Ratio	0.68x	1.37x	1.98x	1.64x	1.35x	1.44x	1.64x	1.76x	1.91x	1.68x
Quick Ratio	0.67x	1.34x	1.43x	1.63x	1.35x	1.44x	1.64x	1.76x	1.91x	1.68x
Cash Conversion Cycle	69.66	65.08	116.26	50.74	-	-	-	-	-	-
Total Non-Current Liabilities+	1.16B	3.02B	2.65B	2.26B	2.04B	1.97B	1.88B	1.73B	1.66B	870M
Long-Term Debt	37M	1.91B	1.98B	1.51B	1.46B	1.42B	1.38B	1.28B	1.25B	615M
Capital Lease Obligations	0	-142M	0	0	229M	207M	184M	160M	157M	138M
Deferred Tax Liabilities	764M	619M	384M	327M	111M	121M	75M	83M	30M	24M
Other Non-Current Liabilities	254M	271M	146M	280M	212M	197M	189M	169M	171M	41M
Total Liabilities	3.9B	4.42B	4.02B	3.46B	3.21B	3.07B	2.9B	2.65B	2.53B	1.61B
Total Debt+	61M	1.94B	2.06B	1.57B	1.83B	1.8B	1.67B	1.53B	1.49B	829M
Net Debt	-79M	1.55B	1.4B	811M	1.34B	1.35B	1.25B	947M	995M	463M
Debt / Equity	0.01x	0.59x	0.58x	0.49x	1.41x	1.51x	1.47x	1.67x	2.36x	0.84x
Debt / EBITDA	0.21x	3.69x	3.08x	2.45x	2.05x	2.03x	3.67x	3.89x	2.88x	2.86x
Net Debt / EBITDA	-0.28x	2.95x	2.10x	1.27x	1.49x	1.52x	2.76x	2.41x	1.92x	1.60x
Interest Coverage	-4.58x	-2.18x	1.27x	1.61x	6.23x	8.08x	1.85x	1.94x	3.32x	2.20x
Total Equity+	5.16B	3.29B	3.53B	3.22B	1.3B	1.19B	1.13B	917M	633M	985M
Equity Growth %	-0.05%	-0.36%	0.07%	-0.09%	-0.6%	-0.08%	-0.05%	-0.19%	-0.31%	0.56%
Book Value per Share	25.47	16.22	16.18	15.64	6.21	5.67	5.32	4.25	2.92	5.15
Total Shareholders' Equity	5.16B	3.29B	3.53B	3.22B	1.3B	1.19B	1.13B	917M	629M	981M
Common Stock	5.34B	2M	2M	2M	2M	2M	2M	2M	2M	2M
Retained Earnings	5.34B	-142M	171M	-233M	-2.19B	-2.31B	-2.35B	-2.54B	-2.85B	-2.43B
Treasury Stock	0	0	0	0	0	0	0	0	-27M	-210M
Accumulated OCI	-181M	-526M	-494M	-425M	-407M	-398M	-429M	-466M	-435M	-472M
Minority Interest	0	0	0	0	0	0	0	0	4M	4M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	493M	108M	302M	283M	132M	161M	243M	144M	89M	-50M
Operating CF Margin %	0.07%	0.02%	0.05%	0.05%	0.03%	0.04%	0.06%	0.04%	0.02%	-0.01%
Operating CF Growth %	-0.26%	-0.78%	1.8%	-0.06%	-0.53%	0.22%	0.51%	-0.41%	-0.38%	-1.56%
Net Income	-414M	-983M	181M	-416M	-1.93B	-118M	-28M	-182M	-296M	426M
Depreciation & Amortization	600M	613M	497M	460M	459M	459M	387M	230M	264M	204M
Stock-Based Compensation	19M	24M	40M	38M	24M	20M	21M	21M	19M	19M
Deferred Taxes	-115M	-4M	-230M	-75M	-220M	-21M	0	9M	-54M	-5M
Other Non-Cash Items	236M	962M	-58M	158M	1.99B	14M	20M	200M	294M	-682M
Working Capital Changes	167M	-504M	-128M	118M	-183M	-193M	-157M	-134M	-138M	-12M
Change in Receivables	239M	-27M	31M	133M	107M	-14M	-45M	54M	26M	34M
Change in Inventory	142M	-300M	-121M	58M	-261M	0	0	0	0	0
Change in Payables	22M	-60M	-49M	-56M	-32M	39M	0	-10M	-52M	0
Cash from Investing+	514M	16M	74M	460M	-310M	-134M	-142M	173M	-93M	795M
Capital Expenditures	-194M	-188M	-132M	-224M	-215M	-76M	-80M	-92M	-51M	-28M
CapEx % of Revenue	0.03%	0.03%	0.02%	0.04%	0.05%	0.02%	0.02%	0.02%	0.01%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-34M	286M	-3M	-37M	2M	-63M	-62M	-61M	-42M	-28M
Cash from Financing+	-1.01B	132M	-109M	-637M	-85M	-74M	-132M	-131M	-81M	-877M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	-10M	-10M	-10M	-10M	-10M	-10M	-10M	-10M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-675M	-67M	-18M	-108M	-21M	-14M	-11M	-1M	-3M	-9M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	299M	-80M	170M	59M	-83M	22M	163M	-9M	-4M	-106M
FCF Margin %	0.04%	-0.01%	0.03%	0.01%	-0.02%	0.01%	0.04%	-0%	-0%	-0.03%
FCF Growth %	-0.33%	-1.27%	3.13%	-0.65%	-2.41%	1.27%	6.41%	-1.06%	0.56%	-25.5%
FCF per Share	1.48	-0.39	0.78	0.29	-0.40	0.10	0.77	-0.04	-0.02	-0.55
FCF Conversion (FCF/Net Income)	-1.19x	-0.11x	1.67x	-0.68x	-0.07x	-1.36x	-8.68x	-0.79x	-0.30x	-0.12x
Interest Paid	0	0	0	0	0	0	40M	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-7.83%	-23.27%	5.31%	-12.32%	-85.54%	-9.48%	-2.41%	-17.76%	-38.19%	52.66%
Return on Invested Capital (ROIC)	-4.45%	-1.32%	2.67%	3.01%	10.93%	14.06%	3.11%	5.75%	15.85%	8.05%
Gross Margin	10.28%	14.2%	17.35%	22.45%	21.78%	22.92%	24.2%	21.77%	22.41%	18.65%
Net Margin	-6.21%	-15.34%	3.01%	-7.71%	-43.3%	-2.83%	-0.68%	-4.72%	-7.95%	12.69%
Debt / Equity	0.01x	0.59x	0.58x	0.49x	1.41x	1.51x	1.47x	1.67x	2.36x	0.84x
Interest Coverage	-4.58x	-2.18x	1.27x	1.61x	6.23x	8.08x	1.85x	1.94x	3.32x	2.20x
FCF Conversion	-1.19x	-0.11x	1.67x	-0.68x	-0.07x	-1.36x	-8.68x	-0.79x	-0.30x	-0.12x
Revenue Growth	-3.98%	-3.81%	-6.02%	-10.45%	-17.17%	-6.81%	-0.55%	-6.81%	-3.53%	-9.83%

Revenue by Segment

	2016	2017	2018	2019	2020	2021	2022	2023	2024
Commercial Industries segment	2.69B	3.55B	2.55B	2.38B	2.16B	2.08B	1.99B	1.93B	1.61B
Commercial Industries segment Growth	-	31.90%	-28.21%	-6.36%	-9.31%	-4.02%	-4.05%	-3.01%	-16.87%
Government services	-	-	1.35B	1.26B	1.28B	1.32B	1.15B	1.09B	984M
Government services Growth	-	-	-	-6.51%	1.43%	2.89%	-12.75%	-4.87%	-10.05%
Transportation Services	-	-	729M	781M	719M	746M	709M	696M	586M
Transportation Services Growth	-	-	-	7.13%	-7.94%	3.76%	-4.96%	-1.83%	-15.80%
Other Operating	-	-	-	-	-	-	-	-	180M
Other Operating Growth	-	-	-	-	-	-	-	-	-
Others	301M	311M	766M	38M	-	-	7M	-	-
Others Growth	-	3.32%	146.30%	-95.04%	-	-	-	-	-
Public Sector	1.73B	2.16B	-	-	-	-	-	-	-
Public Sector Growth	-	24.96%	-	-	-	-	-	-	-
Healthcare	1.69B	-	-	-	-	-	-	-	-
Healthcare Growth	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	5.69B	5.3B	4.75B	4B	3.75B	3.71B	3.47B	3.33B	2.89B
UNITED STATES Growth	-	-6.74%	-10.47%	-15.75%	-6.30%	-0.96%	-6.44%	-4.18%	-13.25%
Europe	547M	538M	497M	386M	357M	368M	328M	314M	291M
Europe Growth	-	-1.65%	-7.62%	-22.33%	-7.51%	3.08%	-10.87%	-4.27%	-7.32%
Geographical, other countries	175M	181M	148M	81M	58M	60M	57M	80M	178M
Geographical, other countries Growth	-	3.43%	-18.23%	-45.27%	-28.40%	3.45%	-5.00%	40.35%	122.50%

Frequently Asked Questions

Valuation & Price

Conduent Incorporated (CNDT) has a price-to-earnings (P/E) ratio of 0.9x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Conduent Incorporated (CNDT) reported $3.07B in revenue for fiscal year 2024. This represents a 56% decrease from $6.94B in 2014.

Conduent Incorporated (CNDT) saw revenue decline by 9.8% over the past year.

Conduent Incorporated (CNDT) reported a net loss of $149.0M for fiscal year 2024.

Dividend & Returns

Yes, Conduent Incorporated (CNDT) pays a dividend with a yield of 2.53%. This makes it attractive for income-focused investors.

Conduent Incorporated (CNDT) has a return on equity (ROE) of 52.7%. This is excellent, indicating efficient use of shareholder capital.

Conduent Incorporated (CNDT) had negative free cash flow of $119.0M in fiscal year 2024, likely due to heavy capital investments.