Cognizant Technology Solutions Corporation (CTSH) Tax Rate: 39.94%
Is Cognizant Technology Solutions Corporation’s tax rate high or low?
Cognizant Technology Solutions Corporation's tax rate of 39.94% is 41% above its 5-year average of 28.37%, near the high end of its 5-year range (23.91%–39.94%).
The tax rate for Cognizant Technology Solutions Corporation (CTSH) is 39.94%. It is above its 12-month average by 24.66% (32.04%).
CTSH Tax Rate Chart
CTSH Average Tax Rate Chart
CTSH Current vs Average Tax Rate Chart
CTSH Tax Rate Metrics
TAX RATE
39.94%
TAX RATE AVG TTM
32.04%
TAX RATE AVG 3Y
28.04%
TAX RATE AVG 5Y
28.37%
TAX RATE AVG 10Y
29.41%
TAX RATE AVG 15Y
27.57%
TAX RATE AVG 20Y
24.55%
CURRENT VS TTM AVG
+24.66%
CURRENT VS 3Y AVG
+42.44%
CURRENT VS 5Y AVG
+40.77%
CURRENT VS 10Y AVG
+35.79%
CURRENT VS 15Y AVG
+44.87%
CURRENT VS 20Y AVG
+62.72%
Cognizant Technology Solutions Corporation Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Cognizant Technology Solutions Corporation Tax Rate FAQ
- What is the tax rate for Cognizant Technology Solutions Corporation (CTSH)?
- The tax rate for CTSH stock is 39.94%.
- Is Cognizant Technology Solutions Corporation's tax rate high or low?
- Cognizant Technology Solutions Corporation's tax rate of 39.94% is 41% above its 5-year average of 28.37%, near the high end of its 5-year range (23.91%–39.94%).
- What is the TTM average tax rate for Cognizant Technology Solutions Corporation (CTSH)?
- The TTM average tax rate for CTSH stock is 32.04%.
- What is the 3Y average tax rate for Cognizant Technology Solutions Corporation (CTSH)?
- The 3Y average tax rate for CTSH stock is 28.04%.
- What is the 5Y average tax rate for Cognizant Technology Solutions Corporation (CTSH)?
- The 5Y average tax rate for CTSH stock is 28.37%.
- What is the 10Y average tax rate for Cognizant Technology Solutions Corporation (CTSH)?
- The 10Y average tax rate for CTSH stock is 29.41%.
- What is the 15Y average tax rate for Cognizant Technology Solutions Corporation (CTSH)?
- The 15Y average tax rate for CTSH stock is 27.57%.
- What is the 20Y average tax rate for Cognizant Technology Solutions Corporation (CTSH)?
- The 20Y average tax rate for CTSH stock is 24.55%.
Cognizant Technology Solutions Corporation Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 39.94% |
| 2024-12-31 | 24.14% |
| 2023-12-31 | 23.91% |
| 2022-12-31 | 24.17% |
| 2021-12-31 | 24.49% |
| 2020-12-31 | 33.59% |
| 2019-12-31 | 25.88% |
| 2018-12-31 | 24.94% |
| 2017-12-31 | 43.39% |
| 2016-12-31 | 34.14% |
| 2015-12-31 | 24.95% |
| 2014-12-31 | 25.20% |
| 2013-12-31 | 27.21% |
| 2012-12-31 | 24.24% |
| 2011-12-31 | 24.42% |
| 2010-12-31 | 16.51% |
| 2009-12-31 | 16.01% |
| 2008-12-31 | 16.37% |
| 2007-12-31 | 15.50% |
| 2006-12-31 | 16.20% |
| 2005-12-31 | 10.26% |
| 2004-12-31 | 17.90% |
| 2003-12-31 | 20.58% |
| 2002-12-31 | 23.35% |
| 2001-12-31 | 37.40% |
| 2000-12-31 | 37.40% |
| 1999-12-31 | 37.43% |
| 1998-12-31 | 37.50% |
Related Metrics
About Cognizant Technology Solutions Corporation
Cognizant Technology Solutions Corporation functions as a global professional services firm, delivering a comprehensive suite of consulting, technology, and outsourcing solutions across North America, Europe, and other international markets. Its operations are structured into four primary divisions: Financial Services, Healthcare, Products and Resources, and Communications, Media and Technology. Within the Financial Services sector, Cognizant provides advanced services such as enhancing customer experiences, implementing robotic process automation (RPA), and leveraging analytics and artificial intelligence (AI) to address needs in areas like digital lending, fraud prevention, and modern payment systems. For its Healthcare clients, the company focuses on navigating industry shifts toward consumer-centric models, outcome-based agreements, and digital health initiatives, striving to deliver an integrated, seamless, and patient-focused omnichannel experience. Furthermore, Cognizant assists in optimizing operations across various functions, including clinical development, pharmacovigilance, manufacturing, claims management, enrollment procedures, membership administration, and billing processes. Its clientele in this domain spans healthcare providers, payers, and life sciences organizations, encompassing pharmaceutical, biotechnology, and medical device firms. In the Products and Resources segment, the company develops solutions tailored for manufacturers, retailers, and entities within the travel and hospitality sectors, alongside those engaged in logistics, energy, and utility services. Within the Communications, Media and Technology division, Cognizant supports businesses in creating digital content, crafting personalized user experiences, and expediting digital engineering efforts. This includes serving information, media, entertainment, communications, and technology enterprises. Established in 1994, the company maintains its primary corporate office in Teaneck, New Jersey.
- Sector
- Technology
- Industry
- Information Technology Services
- CEO
- Ravi Kumar Singisetti