DXC Technology Company (DXC) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$0.45	$0.4	-11.1%	—	—	—
Q4 26	$0.7	$0.77	+10.0%	—	$3.1B	—
Q2 26	$0.7	$0.84	+20.0%	—	$3.2B	—
Q1 26	$0.62	$0.68	+9.7%	—	$3.2B	—
Q4 25	$0.77	$0.84	+9.1%	—	$3.2B	—
Q3 25	$0.77	$0.92	+19.5%	—	$3.2B	—
Q2 25	$0.72	$0.93	+29.2%	—	$3.2B	—
Q1 25	$0.58	$0.74	+27.6%	—	$3.2B	—
Q4 24	$0.83	$0.97	+16.9%	—	$3.4B	—
Q3 24	$0.77	$0.87	+13.0%	—	$3.4B	—
Q2 24	$0.67	$0.7	+4.5%	—	$3.4B	—
Q1 24	$0.82	$0.63	-23.2%	—	$3.4B	—
Q4 23	$1.03	$1.02	-1.0%	—	$3.6B	—
Q3 23	$0.83	$0.95	+14.5%	—	$3.6B	—
Q2 23	$0.73	$0.75	+2.7%	—	$3.6B	—
Q1 23	$0.82	$0.75	-8.5%	—	$3.7B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$0.1	—	—	$12.6B	—
FY25	—	$2.15	—	—	$12.9B	—
FY24	—	$0.46	—	—	$13.7B	—
FY23	—	-$2.48	—	—	$14.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$7.6B	$21.7B	$20.8B	$19.6B	$17.7B	$16.3B	$14.4B	$13.7B	$12.9B	$12.6B
YoY change	+7.05%	+185.7%	-4.51%	-5.67%	-9.44%	-8.26%	-11.3%	-5.29%	-5.82%	-1.76%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	7.6B	21.7B	20.8B	19.6B	17.7B	16.3B	14.4B	13.7B	12.9B	12.6B
Cost of revenue	5.5B	16.3B	14.9B	14.9B	14.1B	12.7B	11.2B	10.6B	9.8B	9.6B
Gross profit	2.1B	5.4B	5.8B	4.7B	3.6B	3.6B	3.2B	3.1B	3.1B	3B
Gross margin	27.1%	24.9%	28%	23.9%	20.5%	22%	22.1%	22.6%	24.1%	24%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.3B	1.9B	2B	2B	2.1B	724M	2.8B	1.7B	1.1B	1.6B
Operating expenses	1.3B	1.9B	2B	2B	2.1B	724M	2.8B	1.7B	1.1B	1.6B
Operating income	129M	1.7B	1.9B	684M	-393M	1.1B	-1.1B	-2M	698M	300M
Operating margin	1.7%	7.96%	9.06%	3.49%	-2.22%	7.02%	-7.91%	-0.01%	5.42%	2.37%
Non-operating income, net	-221M	-196M	-159M	-5.7B	1.3B	139M	321M	195M	-2M	53M
Pretax income	-174M	1.3B	1.5B	-5.2B	654M	1.1B	-885M	109M	630M	318M
Income tax	-74M	-242M	288M	130M	800M	405M	-319M	23M	234M	290M
Net income	-100M	1.8B	1.3B	-5.4B	-146M	736M	-566M	86M	396M	28M
Net margin	-1.31%	8.2%	6.08%	-27.4%	-0.82%	4.53%	-3.92%	0.63%	3.08%	0.22%
EBITDA	831M	4.4B	4.4B	3.5B	1.6B	3.3B	787M	1.8B	2.4B	1.8B
EPS	-0.88	6.15	4.53	-20.8	-0.59	2.87	-2.48	0.46	2.15	0.1
Diluted EPS	-0.88	6.04	4.47	-20.8	-0.59	2.81	-2.48	0.46	2.1	0.1

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	3.4B	3.4B	3.4B	3.2B	3.2B	3.2B	3.2B	3.2B	3.2B	3.2B	3.1B	—
Cost of revenue	2.6B	2.6B	2.6B	2.5B	2.4B	2.4B	2.4B	2.4B	2.4B	2.4B	2.4B	—
Gross profit	803M	763M	798M	710M	814M	809M	768M	771M	778M	759M	723M	—
Gross margin	23.4%	22.4%	23.6%	21.9%	25.1%	25.1%	24.2%	24.4%	24.6%	23.8%	23.1%	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	328M	294M	740M	301M	353M	335M	127M	394M	366M	320M	491M	—
Operating expenses	328M	294M	740M	301M	353M	335M	127M	394M	366M	320M	491M	—
Operating income	114M	119M	-291M	83M	132M	154M	329M	73M	117M	156M	-46M	—
Operating margin	3.32%	3.5%	-8.59%	2.56%	4.07%	4.78%	10.4%	2.31%	3.7%	4.88%	-1.47%	—
Non-operating income, net	39M	115M	2M	6M	-21M	-8M	21M	2M	21M	23M	7M	—
Pretax income	128M	212M	-309M	68M	93M	131M	338M	67M	131M	171M	-51M	—
Income tax	29M	72M	-114M	43M	48M	68M	75M	49M	91M	61M	89M	—
Net income	99M	140M	-195M	25M	45M	63M	263M	18M	40M	110M	-140M	—
Net margin	2.88%	4.12%	-5.76%	0.77%	1.39%	1.95%	8.3%	0.57%	1.27%	3.44%	-4.47%	—
EBITDA	610M	571M	159M	507M	566M	562M	730M	462M	512M	533M	322M	—
EPS	0.49	0.82	-1.1	0.14	0.23	0.31	1.46	0.09	0.2	0.62	-0.84	0.75
Diluted EPS	0.49	0.81	-1.1	0.14	0.23	0.31	1.43	0.09	0.2	0.61	-0.84	0.73

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	8.4B	—	17.8B	3.4B	7.9B	8.2B	5.9B	—	3.1B	2.2B	1.8B
Enterprise value	10.1B	—	22.4B	11.2B	11.9B	11.7B	9.4B	—	5.8B	4.7B	4.3B
Shares outstanding	140.4M	284.9M	277.5M	258.6M	254.1M	250M	229M	195.8M	180.7M	175M	175M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	—	—	14.1	—	—	11.1	—	—	7.78	78.6	14.8
P/S	1.1	—	0.86	0.17	0.45	0.5	0.41	—	0.24	0.17	0.14
P/B	3.87	—	1.52	0.66	1.5	1.52	1.53	—	0.88	0.69	0.59
EV/EBITDA	12.1	—	5.12	3.19	7.47	3.56	11.9	—	2.46	2.58	3.12
EV/Sales	1.33	—	1.08	0.57	0.67	0.72	0.65	—	0.45	0.37	0.34
Earnings yield	—	—	7.07%	—	—	9.02%	—	—	12.9%	1.27%	6.74%
FCF yield	2.78%	—	6.86%	52.3%	-4.92%	11.7%	16.4%	—	26.7%	37.2%	49.5%
PEG	—	—	—	—	—	—	—	—	—	—	0.02

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	27.1%	24.9%	28%	23.9%	20.5%	22%	22.1%	22.6%	24.1%	24%	24%
Operating margin	1.7%	7.96%	9.06%	3.49%	-2.22%	7.02%	-7.91%	-0.01%	5.42%	2.37%	2.03%
Net margin	-1.31%	8.2%	6.08%	-27.4%	-0.82%	4.53%	-3.92%	0.63%	3.08%	0.22%	0.99%
ROE	-4.62%	12.9%	10.8%	-104.5%	-2.75%	13.7%	-14.8%	2.8%	11.3%	0.87%	4.03%
ROA	-1.15%	5.25%	4.27%	-20.6%	-0.66%	3.65%	-3.57%	0.62%	3%	0.22%	1.82%
ROIC	3.34%	8.99%	9.38%	5.28%	0%	8.3%	-15.6%	-0.02%	7.03%	0.46%	0.46%
Return on tangible assets	-7.33%	30%	50.8%	-51%	-1.15%	6.06%	-5.88%	1.01%	4.46%	0.33%	0.33%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.1	0.98	0.96	1.14	1.01	1.09	1.18	1.17	1.22	1.36	1.41
Quick ratio	1.1	0.98	0.96	1.14	1.01	1.09	1.18	1.17	1.22	1.36	1.36
Debt / equity	1.37	0.58	0.63	2.24	1.31	1.15	1.4	1.59	1.3	1.32	1.25
Debt / assets	0.34	0.24	0.25	0.44	0.32	0.31	0.34	0.35	0.34	0.33	0.33
Net debt / EBITDA	2.05	1.24	1.03	2.23	2.5	1.07	4.46	2	1.16	1.37	1.37
Interest coverage	-0.49	5.08	5.54	-12.7	2.81	6.59	-3.42	1.37	3.38	2.47	2.47
Effective tax rate	0%	0%	19%	0%	100%	35.5%	0%	21.1%	37.1%	91.2%	91.2%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	54.2	76.3	74.8	75.7	69.8	65.1	63	69.8	71.2	72.2	73.2
EPS (basic)	-0.88	6.15	4.53	-20.8	-0.59	2.87	-2.48	0.46	2.15	0.1	0.1
EPS (diluted)	-0.88	6.04	4.47	-20.8	-0.59	2.81	-2.48	0.46	2.1	0.1	0.75
Book value per share	15.4	48.6	42.2	19.8	20.9	21.5	16.7	15.7	19.3	18.3	19
FCF per share	1.66	7.48	4.41	6.83	-1.54	3.81	4.19	4.87	4.55	4.68	4.87
Cash per share	9	9.1	10.4	14.2	11.7	10.7	8.11	6.25	9.94	9.92	12.2
Capex per share	1.75	0.79	1.07	1.35	1.03	1.02	1.17	0.93	1.37	—	1.26

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	3.23%	1.03%	1.43%	1.79%	1.47%	1.56%	1.85%	1.33%	1.93%	—	1.68%
Capex / operating cash flow	44.6%	8.72%	11.8%	-9.13%	23.3%	9.72%	56.8%	22.4%	14.9%	—	13.4%
Payout ratio	-78%	9.76%	16.6%	-3.99%	-36.3%	0%	0%	—	—	—	0%
Dividend yield	0.93%	—	1.18%	6.34%	0.67%	0%	0%	—	—	—	7.58%

Yield

7.58%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.21

ex-dividend Mar 24, 2020

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Mar 24, 2020	$0.21
Dec 3, 2019	$0.21
Sep 3, 2019	$0.21
Jun 4, 2019	$0.21
Mar 26, 2019	$0.19
Dec 4, 2018	$0.19
Sep 4, 2018	$0.19

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$3.4B	$3.4B	$3.4B	$3.2B	$3.2B	$3.2B	$3.2B	$3.2B	$3.2B	$3.2B	$3.1B	—
YoY change	-3.65%	-4.68%	-5.71%	-6.09%	-5.68%	-5.12%	-6.41%	-2.38%	-2.47%	-0.96%	-1.23%	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	1.3B	2.6B	2.9B	3.7B	3B	2.7B	1.9B	1.2B	1.8B	1.7B
Receivables	732M	3.1B	2.5B	2.1B	2B	1.8B	1.5B	1.4B	1.3B	1.2B
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	3.2B	9.6B	9.1B	9B	8.2B	7.4B	6.1B	5.1B	5.4B	5.4B
Property, plant & equipment	903M	3.4B	3.2B	5B	4.3B	3.5B	2.9B	2.4B	1.9B	1.8B
Goodwill & intangibles	7.3B	28B	27.1B	15.5B	9.4B	8B	6.2B	5.3B	4.3B	4.3B
Total assets	8.7B	33.9B	29.6B	26B	22B	20.1B	15.8B	13.9B	13.2B	12.9B
Accounts payable	410M	1.5B	1.7B	1.6B	914M	840M	782M	846M	549M	561M
Short-term debt	738M	1.9B	1.9B	1.8B	1.6B	1.3B	817M	553M	1.1B	752M
Total current liabilities	3B	9.9B	9.5B	7.9B	8.2B	6.9B	5.2B	4.4B	4.4B	3.9B
Long-term debt	2.2B	6.1B	5.5B	9.7B	5.4B	4.9B	4.5B	4.3B	3.4B	3.5B
Total liabilities	6.5B	20.1B	17.8B	20.9B	16.7B	14.8B	12B	10.8B	9.7B	9.7B
Shareholders' equity	2.2B	13.8B	11.7B	5.1B	5.3B	5.4B	3.8B	3.1B	3.5B	3.2B
Total debt	3B	8B	7.4B	11.5B	7B	6.2B	5.4B	4.9B	4.5B	4.2B
Net debt	1.7B	5.4B	4.5B	7.8B	4B	3.5B	3.5B	3.6B	2.8B	2.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	1.6B	1.4B	1.7B	1.2B	1.3B	1.2B	1.7B	1.8B	1.8B	1.9B	1.7B	1.7B
Receivables	3.3B	3.1B	3.1B	1.4B	3B	3.1B	2.8B	1.3B	3.1B	2.9B	2.9B	1.2B
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	5.7B	5.3B	5.5B	5.1B	5B	5B	5.1B	5.4B	5.5B	5.4B	5.3B	5.4B
Property, plant & equipment	2.8B	2.6B	2.6B	2.4B	2.2B	2.1B	1.9B	1.9B	2B	1.9B	1.8B	1.8B
Goodwill & intangibles	6B	5.9B	5.7B	5.3B	5.1B	5B	4.6B	4.3B	4.1B	4.8B	4.6B	4.3B
Total assets	15.3B	14.7B	14.9B	13.9B	13.4B	13.5B	13B	13.2B	13.4B	13.6B	13.2B	12.9B
Accounts payable	701M	618M	870M	846M	676M	708M	563M	549M	650M	709M	582M	561M
Short-term debt	997M	967M	956M	553M	639M	476M	428M	1.1B	1.2B	1.8B	765M	752M
Total current liabilities	5.1B	4.7B	5B	4.4B	4.1B	4B	3.8B	4.4B	4.5B	5B	3.9B	3.9B
Long-term debt	4.5B	4.4B	4.4B	4.3B	4.2B	4.2B	4.1B	3.4B	3.6B	2.8B	3.6B	3.5B
Total liabilities	11.7B	11.2B	11.5B	10.8B	10.3B	10.3B	9.8B	9.7B	10B	10.2B	9.8B	9.7B
Shareholders' equity	3.6B	3.5B	3.4B	3.1B	3.1B	3.2B	3.3B	3.5B	3.4B	3.3B	3.4B	3.2B
Total debt	5.5B	5.3B	5.4B	4.9B	4.8B	4.7B	4.5B	4.5B	4.8B	4.7B	4.3B	4.2B
Net debt	3.9B	3.9B	3.7B	3.6B	3.5B	3.5B	2.8B	2.8B	3B	2.8B	2.6B	2.5B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	-100M	1.8B	1.3B	-5.4B	-146M	736M	-566M	86M	396M	28M
Depreciation & amortization	658M	2B	2B	2B	2B	1.7B	1.6B	1.4B	1.3B	1.2B
Stock-based compensation	75M	93M	74M	68M	56M	101M	108M	109M	79M	86M
Change in working capital	-38M	-430M	-1.1B	-1.1B	-952M	-700M	-405M	-745M	-402M	-381M
Operating cash flow	551M	2.6B	2.5B	-3.8B	1.1B	2.6B	470M	812M	1.7B	1.2B
Capital expenditure	-246M	-224M	-297M	-350M	-261M	-254M	-267M	-182M	-248M	—
Investing cash flow	-425M	930M	330M	-1.9B	4.9B	235M	-447M	-266M	-184M	-55M
Dividends paid	-78M	-174M	-210M	-214M	-53M	0	0	—	—	—
Share repurchases	0	-132M	-1.3B	-736M	0	-628M	-669M	-898M	-14M	-249M
Financing cash flow	-2.8B	-5.1B	-4.5B	-4.4B	-11.3B	-2.7B	-3.3B	-3.4B	-686M	-776M
Net change in cash	-2.7B	-1.6B	-1.7B	-10.2B	-5.3B	113M	-3.2B	-2.8B	790M	417M
Free cash flow	233M	2.1B	1.2B	1.8B	-391M	952M	960M	954M	822M	819M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	42M	99M	140M	-195M	25M	45M	63M	263M	18M	40M	110M	-140M
Depreciation & amortization	351M	368M	357M	357M	333M	335M	327M	318M	309M	302M	288M	283M
Stock-based compensation	23M	24M	28M	34M	23M	25M	11M	20M	22M	24M	23M	17M
Change in working capital	-350M	-260M	234M	454M	-188M	-273M	204M	282M	-191M	-73M	-127M	346M
Operating cash flow	104M	272M	793M	466M	228M	165M	593M	1.1B	186M	409M	414M	239M
Capital expenditure	-55M	-53M	-36M	-38M	-48M	-41M	-82M	-77M	—	—	—	—
Investing cash flow	-114M	-32M	-47M	-76M	-81M	1M	-59M	-71M	-18M	-4M	-22M	-11M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-285M	-220M	-250M	-143M	-2M	0	-12M	0	-48M	-76M	-64M	-61M
Financing cash flow	-515M	-847M	-796M	-1.2B	-131M	-427M	-68M	-60M	-110M	-136M	-1.2B	-102M
Net change in cash	-525M	-607M	-50M	-826M	16M	-261M	466M	970M	58M	269M	-783M	126M
Free cash flow	-13M	139M	634M	194M	83M	83M	516M	140M	127M	268M	293M	131M

Date	Ratio
Jun 1, 2018	1156:1000
Nov 30, 2015	17412:10000
Mar 24, 1998	2:1
Jan 13, 1994	3:1

DXC Technology Company Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history