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Conduent (CNDT) Financials

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$2.12 +0.08 (+3.92%)
As of 04/14/2025 04:00 PM Eastern
Annual Income Statements for Conduent

Annual Income Statements for Conduent

This table shows Conduent's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
-182 -296 426
Consolidated Net Income / (Loss)
-182 -296 426
Net Income / (Loss) Continuing Operations
-182 -296 426
Total Pre-Tax Income
-127 -332 504
Total Operating Income
-43 -221 579
Total Gross Profit
840 834 626
Total Revenue
3,858 3,722 3,356
Operating Revenue
3,858 3,722 3,356
Total Cost of Revenue
3,018 2,888 2,730
Operating Cost of Revenue
3,018 2,888 2,730
Total Operating Expenses
883 1,055 47
Selling, General & Admin Expense
440 458 455
Research & Development Expense
7.00 7.00 6.00
Depreciation Expense
230 264 204
Other Operating Expenses / (Income)
-159 7.00 -701
Impairment Charge
358 287 28
Restructuring Charge
39 62 46
Other Special Charges / (Income)
-32 -30 9.00
Total Other Income / (Expense), net
-84 -111 -75
Interest Expense
84 111 75
Income Tax Expense
55 -36 78
Basic Earnings per Share
($0.89) ($1.41) $2.28
Weighted Average Basic Shares Outstanding
218.40M 209.97M 161.83M
Diluted Earnings per Share
($0.89) ($1.41) $2.23
Weighted Average Diluted Shares Outstanding
218.40M 209.97M 161.83M
Weighted Average Basic & Diluted Shares Outstanding
218.40M 209.97M 161.83M

Quarterly Income Statements for Conduent

This table shows Conduent's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
15 -333 -6.00 -7.00 -289 6.00 99 216 123 -12
Consolidated Net Income / (Loss)
15 -333 -6.00 -7.00 -289 6.00 99 216 123 -12
Net Income / (Loss) Continuing Operations
15 -333 -6.00 -7.00 -289 6.00 99 216 123 -12
Total Pre-Tax Income
23 -365 -8.00 -7.00 -313 -4.00 127 300 159 -82
Total Operating Income
46 -181 21 23 -282 17 -7.00 -28 -13 627
Total Gross Profit
223 204 202 211 208 213 186 151 151 138
Total Revenue
977 986 922 915 932 953 921 828 807 800
Operating Revenue
977 986 922 915 932 953 921 828 807 800
Total Cost of Revenue
754 782 720 704 724 740 735 677 656 662
Operating Cost of Revenue
754 782 720 704 724 740 735 677 656 662
Total Operating Expenses
177 385 181 188 490 196 193 179 164 -489
Selling, General & Admin Expense
117 108 111 118 115 114 116 115 115 109
Research & Development Expense
2.00 2.00 2.00 1.00 2.00 2.00 2.00 1.00 1.00 2.00
Depreciation Expense
54 62 61 57 81 65 62 51 44 47
Other Operating Expenses / (Income)
0.00 -159 -1.00 0.00 -2.00 10 0.00 0.00 -2.00 -699
Restructuring Charge
4.00 15 29 13 7.00 13 9.00 8.00 4.00 25
Other Special Charges / (Income)
0.00 -1.00 -21 -1.00 0.00 -8.00 4.00 4.00 2.00 -1.00
Total Other Income / (Expense), net
-23 -184 -29 -30 -31 -21 134 328 172 -709
Interest Expense
22 25 27 27 28 29 27 19 16 13
Income Tax Expense
8.00 -32 -2.00 0.00 -24 -10 28 84 36 -70
Basic Earnings per Share
$0.06 ($1.56) ($0.04) ($0.04) ($1.34) $0.01 $0.46 $1.10 $0.75 ($0.03)
Weighted Average Basic Shares Outstanding
215.92M 218.40M 218.44M 217.74M 217.29M 209.97M 204.58M 162.40M 159.89M 161.83M
Diluted Earnings per Share
$0.06 ($1.55) ($0.04) ($0.04) ($1.34) $0.01 $0.46 $1.07 $0.72 ($0.02)
Weighted Average Diluted Shares Outstanding
215.92M 218.40M 218.44M 217.74M 217.29M 209.97M 204.58M 162.40M 159.89M 161.83M
Weighted Average Basic & Diluted Shares Outstanding
215.92M 218.40M 218.44M 217.74M 217.29M 209.97M 204.58M 162.40M 159.89M 161.83M

Annual Cash Flow Statements for Conduent

This table details how cash moves in and out of Conduent's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Change in Cash & Equivalents
178 -79 -142
Net Cash From Operating Activities
144 89 -50
Net Cash From Continuing Operating Activities
144 89 -50
Net Income / (Loss) Continuing Operations
-182 -296 426
Consolidated Net Income / (Loss)
-182 -296 426
Depreciation Expense
230 264 204
Amortization Expense
7.00 7.00 6.00
Non-Cash Adjustments To Reconcile Net Income
214 306 -669
Changes in Operating Assets and Liabilities, net
-125 -192 -17
Net Cash From Investing Activities
173 -93 795
Net Cash From Continuing Investing Activities
173 -93 795
Purchase of Property, Plant & Equipment
-153 -93 -56
Divestitures
326 0.00 851
Net Cash From Financing Activities
-131 -81 -877
Net Cash From Continuing Financing Activities
-131 -81 -877
Repayment of Debt
-133 -41 -756
Repurchase of Common Equity
0.00 -27 -182
Payment of Dividends
-10 -10 -10
Issuance of Debt
13 0.00 80
Issuance of Common Equity
0.00 4.00 0.00
Other Financing Activities, net
-1.00 -7.00 -9.00
Effect of Exchange Rate Changes
-8.00 6.00 -10

Quarterly Cash Flow Statements for Conduent

This table details how cash moves in and out of Conduent's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
57 11 -51 -42 -50 64 -95 -117 97 -27
Net Cash From Operating Activities
98 51 -12 -10 -11 122 -37 -41 -13 41
Net Cash From Continuing Operating Activities
98 51 -12 -10 -11 122 -37 -41 -13 41
Net Income / (Loss) Continuing Operations
15 -333 -6.00 -7.00 -289 6.00 99 216 123 -12
Consolidated Net Income / (Loss)
15 -333 -6.00 -7.00 -289 6.00 99 216 123 -12
Depreciation Expense
54 62 61 57 81 65 62 51 44 47
Amortization Expense
2.00 2.00 2.00 2.00 2.00 1.00 2.00 1.00 2.00 1.00
Non-Cash Adjustments To Reconcile Net Income
6.00 365 2.00 6.00 292 6.00 -159 -361 -187 38
Changes in Operating Assets and Liabilities, net
21 -45 -71 -68 -97 44 -41 52 5.00 -33
Net Cash From Investing Activities
-26 -43 -22 -20 -22 -29 143 410 208 34
Net Cash From Continuing Investing Activities
-26 -43 -22 -20 -22 -29 143 410 208 34
Purchase of Property, Plant & Equipment
-27 -43 -22 -20 -22 -29 -21 -25 -16 6.00
Divestitures
1.00 - 0.00 - - - 164 435 224 28
Net Cash From Financing Activities
-11 1.00 -19 -13 -16 -33 -199 -482 -100 -96
Net Cash From Continuing Financing Activities
-11 1.00 -19 -13 -16 -33 -199 -482 -100 -96
Repayment of Debt
-8.00 -9.00 -10 -10 -10 -11 -175 -358 -134 -89
Payment of Dividends
-2.00 -3.00 -2.00 -3.00 -2.00 -3.00 -2.00 -3.00 -2.00 -3.00
Other Financing Activities, net
-1.00 - -7.00 1.00 -1.00 - -5.00 - - -4.00
Effect of Exchange Rate Changes
-4.00 2.00 2.00 1.00 -1.00 4.00 -2.00 -4.00 2.00 -6.00

Annual Balance Sheets for Conduent

This table presents Conduent's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Total Assets
3,571 3,162 2,599
Total Current Assets
1,625 1,655 1,252
Cash & Equivalents
582 498 366
Accounts Receivable
630 559 493
Other Current Assets
413 598 393
Plant, Property, & Equipment, net
266 197 167
Plant, Property & Equipment, gross
266 197 167
Total Noncurrent Assets
1,680 1,310 1,180
Goodwill
955 651 609
Intangible Assets
39 32 14
Other Noncurrent Operating Assets
686 627 557
Total Liabilities & Shareholders' Equity
3,571 3,162 2,599
Total Liabilities
2,512 2,387 1,614
Total Current Liabilities
923 868 744
Short-Term Debt
35 34 24
Accounts Payable
228 174 157
Current Deferred Revenue
81 91 103
Current Employee Benefit Liabilities
197 183 170
Other Current Liabilities
382 328 290
Other Current Nonoperating Liabilities
0.00 58 0.00
Total Noncurrent Liabilities
1,589 1,519 870
Long-Term Debt
1,277 1,248 615
Noncurrent Deferred & Payable Income Tax Liabilities
83 30 24
Other Noncurrent Operating Liabilities
229 241 231
Commitments & Contingencies
0.00 0.00 0.00
Redeemable Noncontrolling Interest
142 142 142
Total Equity & Noncontrolling Interests
917 633 843
Total Preferred & Common Equity
917 629 839
Total Common Equity
917 629 839
Common Stock
3,926 3,940 3,954
Retained Earnings
-2,543 -2,849 -2,433
Treasury Stock
0.00 -27 -210
Accumulated Other Comprehensive Income / (Loss)
-466 -435 -472
Other Equity Adjustments
- - 0.12
Noncontrolling Interest
0.00 4.00 4.00

Quarterly Balance Sheets for Conduent

This table presents Conduent's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
3,921 3,503 3,453 3,146 3,058 2,780 2,841
Total Current Assets
1,641 1,556 1,517 1,535 1,589 1,352 1,445
Cash & Equivalents
577 526 500 451 415 300 393
Accounts Receivable
653 590 583 612 600 518 528
Other Current Assets
411 440 434 472 574 534 524
Plant, Property, & Equipment, net
262 259 252 241 186 179 174
Total Noncurrent Assets
2,018 1,688 1,684 1,370 1,283 1,249 1,222
Goodwill
1,286 965 967 668 643 637 642
Intangible Assets
41 37 36 34 31 15 15
Other Noncurrent Operating Assets
691 686 681 668 609 597 565
Total Liabilities & Shareholders' Equity
3,921 3,503 3,453 3,146 3,058 2,780 2,841
Total Liabilities
2,573 2,432 2,384 2,384 2,211 1,883 1,818
Total Current Liabilities
933 842 795 805 849 819 827
Short-Term Debt
33 38 41 40 33 33 26
Accounts Payable
203 176 169 166 167 136 133
Current Deferred Revenue
75 79 80 99 94 95 115
Current Employee Benefit Liabilities
227 174 180 195 175 171 193
Other Current Liabilities
395 375 325 305 324 362 360
Other Current Nonoperating Liabilities
- - - - 56 22 0.00
Total Noncurrent Liabilities
1,640 1,590 1,589 1,579 1,362 1,064 991
Long-Term Debt
1,272 1,277 1,274 1,266 1,083 789 718
Noncurrent Deferred & Payable Income Tax Liabilities
117 85 75 61 43 48 54
Other Noncurrent Operating Liabilities
251 228 240 252 236 227 219
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
142 142 142 142 142 142 142
Total Equity & Noncontrolling Interests
1,206 929 927 620 705 755 881
Total Preferred & Common Equity
1,206 929 927 617 701 751 877
Preferred Stock
0.12 - 0.12 0.12 - 0.12 0.12
Total Common Equity
1,206 929 927 617 701 751 877
Common Stock
3,926 3,928 3,933 3,939 3,943 3,949 3,954
Retained Earnings
-2,207 -2,551 -2,561 -2,852 -2,752 -2,539 -2,418
Treasury Stock
- - -1.00 -7.00 -44 -196 -210
Accumulated Other Comprehensive Income / (Loss)
-513 -448 -444 -463 -446 -463 -449
Other Equity Adjustments
0.12 0.12 0.12 0.12 - 0.12 0.12
Noncontrolling Interest
- - - 3.00 4.00 4.00 4.00

Annual Metrics and Ratios for Conduent

This table displays calculated financial ratios and metrics derived from Conduent's official financial filings.

Metric 2022 2023 2024
Growth Metrics
- - -
Revenue Growth
-6.81% -3.53% -9.83%
EBITDA Growth
-50.13% -74.23% 1,478.00%
EBIT Growth
-243.33% -413.95% 361.99%
NOPAT Growth
-243.33% -413.95% 416.35%
Net Income Growth
-550.00% -62.64% 243.92%
EPS Growth
-394.44% -58.43% 258.16%
Operating Cash Flow Growth
-40.74% -38.19% -156.18%
Free Cash Flow Firm Growth
330.27% -96.41% 4,804.01%
Invested Capital Growth
-22.25% -9.61% -22.20%
Revenue Q/Q Growth
-1.58% -0.88% -4.36%
EBITDA Q/Q Growth
-46.26% 133.33% 300.51%
EBIT Q/Q Growth
-143.00% 47.26% 1,967.74%
NOPAT Q/Q Growth
-149.90% 47.26% 2,169.36%
Net Income Q/Q Growth
-263.96% 53.39% -4.05%
EPS Q/Q Growth
-293.48% 52.53% -1.33%
Operating Cash Flow Q/Q Growth
-19.10% 394.44% -261.29%
Free Cash Flow Firm Q/Q Growth
50.44% -89.56% 286.78%
Invested Capital Q/Q Growth
-13.82% 0.00% -8.44%
Profitability Metrics
- - -
Gross Margin
21.77% 22.41% 18.65%
EBITDA Margin
5.03% 1.34% 23.51%
Operating Margin
-1.11% -5.94% 17.25%
EBIT Margin
-1.11% -5.94% 17.25%
Profit (Net Income) Margin
-4.72% -7.95% 12.69%
Tax Burden Percent
143.31% 89.16% 84.52%
Interest Burden Percent
295.35% 150.23% 87.05%
Effective Tax Rate
0.00% 0.00% 15.48%
Return on Invested Capital (ROIC)
-1.47% -9.08% 34.04%
ROIC Less NNEP Spread (ROIC-NNEP)
-18.76% -27.06% 22.67%
Return on Net Nonoperating Assets (RNNOA)
-14.13% -23.20% 14.36%
Return on Equity (ROE)
-15.60% -32.28% 48.41%
Cash Return on Invested Capital (CROIC)
23.56% 1.02% 59.02%
Operating Return on Assets (OROA)
-1.13% -6.56% 20.10%
Return on Assets (ROA)
-4.79% -8.79% 14.79%
Return on Common Equity (ROCE)
-13.70% -27.21% 40.38%
Return on Equity Simple (ROE_SIMPLE)
-19.85% -47.06% 50.77%
Net Operating Profit after Tax (NOPAT)
-30 -155 489
NOPAT Margin
-0.78% -4.16% 14.58%
Net Nonoperating Expense Percent (NNEP)
17.29% 17.98% 11.37%
Return On Investment Capital (ROIC_SIMPLE)
-1.35% -8.08% 33.02%
Cost of Revenue to Revenue
78.23% 77.59% 81.35%
SG&A Expenses to Revenue
11.40% 12.31% 13.56%
R&D to Revenue
0.18% 0.19% 0.18%
Operating Expenses to Revenue
22.89% 28.35% 1.40%
Earnings before Interest and Taxes (EBIT)
-43 -221 579
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
194 50 789
Valuation Ratios
- - -
Price to Book Value (P/BV)
0.95 1.26 0.77
Price to Tangible Book Value (P/TBV)
0.00 0.00 2.99
Price to Revenue (P/Rev)
0.23 0.21 0.19
Price to Earnings (P/E)
0.00 0.00 1.52
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 65.95%
Enterprise Value to Invested Capital (EV/IC)
0.98 1.07 0.85
Enterprise Value to Revenue (EV/Rev)
0.45 0.46 0.32
Enterprise Value to EBITDA (EV/EBITDA)
9.00 34.46 1.35
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 1.84
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 2.18
Enterprise Value to Operating Cash Flow (EV/OCF)
12.13 19.36 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
3.62 99.61 1.26
Leverage & Solvency
- - -
Debt to Equity
1.24 1.65 0.65
Long-Term Debt to Equity
1.21 1.61 0.62
Financial Leverage
0.75 0.86 0.63
Leverage Ratio
3.26 3.67 3.27
Compound Leverage Factor
9.63 5.52 2.85
Debt to Total Capital
55.34% 62.32% 39.35%
Short-Term Debt to Total Capital
1.48% 1.65% 1.48%
Long-Term Debt to Total Capital
53.86% 60.67% 37.87%
Preferred Equity to Total Capital
0.01% 0.01% 0.00%
Noncontrolling Interests to Total Capital
5.99% 7.10% 8.99%
Common Equity to Total Capital
38.68% 30.58% 51.67%
Debt to EBITDA
6.76 25.64 0.81
Net Debt to EBITDA
3.76 15.68 0.35
Long-Term Debt to EBITDA
6.58 24.96 0.78
Debt to NOPAT
-43.59 -8.29 1.31
Net Debt to NOPAT
-24.25 -5.07 0.56
Long-Term Debt to NOPAT
-42.43 -8.07 1.26
Altman Z-Score
0.49 0.18 1.19
Noncontrolling Interest Sharing Ratio
12.17% 15.70% 16.58%
Liquidity Ratios
- - -
Current Ratio
1.76 1.91 1.68
Quick Ratio
1.31 1.22 1.15
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
482 17 848
Operating Cash Flow to CapEx
94.12% 95.70% -89.29%
Free Cash Flow to Firm to Interest Expense
5.74 0.16 11.31
Operating Cash Flow to Interest Expense
1.71 0.80 -0.67
Operating Cash Flow Less CapEx to Interest Expense
-0.11 -0.04 -1.41
Efficiency Ratios
- - -
Asset Turnover
1.01 1.11 1.17
Accounts Receivable Turnover
5.81 6.26 6.38
Inventory Turnover
0.00 0.00 0.00
Fixed Asset Turnover
14.11 16.08 18.44
Accounts Payable Turnover
14.17 14.37 16.50
Days Sales Outstanding (DSO)
62.87 58.30 57.21
Days Inventory Outstanding (DIO)
0.00 0.00 0.00
Days Payable Outstanding (DPO)
25.76 25.40 22.13
Cash Conversion Cycle (CCC)
37.11 32.90 35.08
Capital & Investment Metrics
- - -
Invested Capital
1,789 1,617 1,258
Invested Capital Turnover
1.89 2.19 2.33
Increase / (Decrease) in Invested Capital
-512 -172 -359
Enterprise Value (EV)
1,747 1,723 1,065
Market Capitalization
874 793 646
Book Value per Share
$4.25 $2.89 $5.25
Tangible Book Value per Share
($0.36) ($0.25) $1.35
Total Capital
2,371 2,057 1,624
Total Debt
1,312 1,282 639
Total Long-Term Debt
1,277 1,248 615
Net Debt
730 784 273
Capital Expenditures (CapEx)
153 93 56
Debt-free, Cash-free Net Working Capital (DFCFNWC)
155 323 166
Debt-free Net Working Capital (DFNWC)
737 821 532
Net Working Capital (NWC)
702 787 508
Net Nonoperating Expense (NNE)
152 141 63
Net Nonoperating Obligations (NNO)
730 842 273
Total Depreciation and Amortization (D&A)
237 271 210
Debt-free, Cash-free Net Working Capital to Revenue
4.02% 8.68% 4.95%
Debt-free Net Working Capital to Revenue
19.10% 22.06% 15.85%
Net Working Capital to Revenue
18.20% 21.14% 15.14%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
($0.89) ($1.41) $2.28
Adjusted Weighted Average Basic Shares Outstanding
218.40M 209.97M 161.83M
Adjusted Diluted Earnings per Share
($0.89) ($1.41) $2.23
Adjusted Weighted Average Diluted Shares Outstanding
218.40M 209.97M 161.83M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
218.40M 209.97M 161.83M
Normalized Net Operating Profit after Tax (NOPAT)
225 69 560
Normalized NOPAT Margin
5.84% 1.84% 16.67%
Pre Tax Income Margin
-3.29% -8.92% 15.02%
Debt Service Ratios
- - -
EBIT to Interest Expense
-0.51 -1.99 7.72
NOPAT to Interest Expense
-0.36 -1.39 6.53
EBIT Less CapEx to Interest Expense
-2.33 -2.83 6.97
NOPAT Less CapEx to Interest Expense
-2.18 -2.23 5.78
Payout Ratios
- - -
Dividend Payout Ratio
-5.49% -3.38% 2.35%
Augmented Payout Ratio
-5.49% -12.50% 45.07%

Quarterly Metrics and Ratios for Conduent

This table displays calculated financial ratios and metrics derived from Conduent's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
-5.88% -5.92% -4.65% -1.40% -4.61% -3.35% -0.11% -9.51% -13.41% -16.05%
EBITDA Growth
-13.68% -334.00% -71.82% 1.28% -300.00% 170.94% 165.85% 369.62% 209.41% 713.25%
EBIT Growth
45.16% -376.32% -91.70% -13.04% -733.33% 109.39% 710.53% 1,495.00% 161.40% 3,588.24%
NOPAT Growth
67.16% -376.32% -65.61% 0.00% -758.00% 109.39% -137.12% -225.22% 94.91% 3,588.24%
Net Income Growth
36.36% -732.50% -104.41% 0.00% -2,026.67% 101.80% 1,750.00% 3,185.71% 142.56% -300.00%
EPS Growth
50.00% -675.00% -106.56% -300.00% -2,333.33% 100.65% 1,250.00% 2,775.00% 153.73% -300.00%
Operating Cash Flow Growth
78.18% -40.00% -209.09% 37.50% -111.22% 139.22% -208.33% -310.00% -18.18% -66.39%
Free Cash Flow Firm Growth
69.64% 498.29% -12.60% 34.98% -9.79% -52.27% -9.78% 49.89% -10.95% 333.88%
Invested Capital Growth
-11.13% -22.25% -12.39% -12.37% -22.11% -9.61% -13.76% -23.51% -15.03% -22.20%
Revenue Q/Q Growth
5.28% 0.92% -6.49% -0.76% 1.86% 2.25% -3.36% -10.10% -2.54% -0.87%
EBITDA Q/Q Growth
29.49% -215.84% 170.09% -3.66% -355.70% 141.09% 162.65% 70.18% -40.43% 205.43%
EBIT Q/Q Growth
95.65% -502.22% 110.50% 5.26% -1,525.00% 105.96% 805.88% 107.14% -45.14% 258.29%
NOPAT Q/Q Growth
0.00% -522.33% 111.60% 9.52% -1,326.09% 106.03% -145.85% -269.45% 50.12% 4,464.30%
Net Income Q/Q Growth
0.00% -2,320.00% 98.20% -16.67% -4,028.57% 102.08% 1,550.00% 118.18% -43.06% -109.76%
EPS Q/Q Growth
700.00% -2,683.33% 97.42% 0.00% -3,250.00% 100.75% 4,500.00% 132.61% -32.71% -102.78%
Operating Cash Flow Q/Q Growth
712.50% -47.96% -123.53% 16.67% -10.00% 1,209.09% -130.33% -10.81% 68.29% 415.38%
Free Cash Flow Firm Q/Q Growth
38.76% 32.86% -27.93% 1.58% -7.27% -29.70% 36.24% 68.77% -44.91% 242.53%
Invested Capital Q/Q Growth
-3.44% -13.82% 3.97% 1.29% -14.17% 0.00% -0.80% -10.16% -4.65% -8.44%
Profitability Metrics
- - - - - - - - - -
Gross Margin
22.83% 20.69% 21.91% 23.06% 22.32% 22.35% 20.20% 18.24% 18.71% 17.25%
EBITDA Margin
10.34% -11.87% 8.89% 8.63% -21.67% 8.71% 23.67% 44.81% 27.39% 84.38%
Operating Margin
4.71% -18.36% 2.28% 2.51% -30.26% 1.78% -0.76% -3.38% -1.61% 78.38%
EBIT Margin
4.61% -18.36% 2.06% 2.19% -30.58% 1.78% 16.72% 38.53% 21.69% 78.38%
Profit (Net Income) Margin
1.54% -33.77% -0.65% -0.77% -31.01% 0.63% 10.75% 26.09% 15.24% -1.50%
Tax Burden Percent
65.22% 91.23% 75.00% 100.00% 92.33% -150.00% 77.95% 72.00% 77.36% 14.63%
Interest Burden Percent
51.11% 201.66% -42.11% -35.00% 109.82% -23.53% 82.47% 94.04% 90.86% -13.08%
Effective Tax Rate
34.78% 0.00% 0.00% 0.00% 0.00% 0.00% 22.05% 28.00% 22.64% 0.00%
Return on Invested Capital (ROIC)
5.46% -24.24% 3.05% 3.32% -43.07% 2.73% -1.27% -5.32% -2.92% 128.08%
ROIC Less NNEP Spread (ROIC-NNEP)
3.73% -47.73% 0.31% 0.42% -54.64% 1.98% 12.24% 29.43% 19.14% 47.20%
Return on Net Nonoperating Assets (RNNOA)
2.43% -35.94% 0.19% 0.28% -41.00% 1.70% 9.87% 20.35% 12.93% 29.90%
Return on Equity (ROE)
7.88% -60.18% 3.24% 3.59% -84.07% 4.42% 8.59% 15.02% 10.01% 157.99%
Cash Return on Invested Capital (CROIC)
14.52% 23.56% 10.11% 10.03% 8.97% 1.02% 4.72% 21.40% 14.67% 59.02%
Operating Return on Assets (OROA)
4.51% -18.62% 2.10% 2.26% -32.50% 1.97% 18.97% 44.92% 25.42% 91.31%
Return on Assets (ROA)
1.50% -34.26% -0.66% -0.79% -32.95% 0.70% 12.19% 30.42% 17.87% -1.75%
Return on Common Equity (ROCE)
7.05% -52.86% 2.87% 3.17% -72.64% 3.73% 7.30% 12.82% 8.38% 131.79%
Return on Equity Simple (ROE_SIMPLE)
9.20% 0.00% -34.88% -35.71% -102.92% 0.00% -27.25% 4.26% 50.63% 0.00%
Net Operating Profit after Tax (NOPAT)
30 -127 15 16 -197 12 -5.46 -20 -10 439
NOPAT Margin
3.07% -12.85% 1.59% 1.76% -21.18% 1.25% -0.59% -2.43% -1.25% 54.86%
Net Nonoperating Expense Percent (NNEP)
1.73% 23.48% 2.75% 2.89% 11.57% 0.75% -13.51% -34.76% -22.07% 80.88%
Return On Investment Capital (ROIC_SIMPLE)
- -5.68% - - - 0.62% - - - 29.62%
Cost of Revenue to Revenue
77.18% 79.31% 78.09% 76.94% 77.68% 77.65% 79.80% 81.76% 81.29% 82.75%
SG&A Expenses to Revenue
11.98% 10.95% 12.04% 12.90% 12.34% 11.96% 12.60% 13.89% 14.25% 13.63%
R&D to Revenue
0.20% 0.20% 0.22% 0.11% 0.21% 0.21% 0.22% 0.12% 0.12% 0.25%
Operating Expenses to Revenue
18.12% 39.05% 19.63% 20.55% 52.58% 20.57% 20.96% 21.62% 20.32% -61.13%
Earnings before Interest and Taxes (EBIT)
45 -181 19 20 -285 17 154 319 175 627
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
101 -117 82 79 -202 83 218 371 221 675
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.60 0.95 0.81 0.80 1.23 1.26 1.05 0.89 0.75 0.77
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 27.20 6.73 2.97 2.99
Price to Revenue (P/Rev)
0.18 0.23 0.20 0.20 0.20 0.21 0.20 0.18 0.19 0.19
Price to Earnings (P/E)
6.49 0.00 0.00 0.00 0.00 0.00 0.00 20.84 1.47 1.52
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
15.40% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.80% 67.84% 65.95%
Enterprise Value to Invested Capital (EV/IC)
0.77 0.98 0.90 0.90 1.09 1.07 0.99 0.93 0.84 0.85
Enterprise Value to Revenue (EV/Rev)
0.41 0.45 0.44 0.45 0.47 0.46 0.43 0.37 0.33 0.32
Enterprise Value to EBITDA (EV/EBITDA)
4.41 9.00 11.20 11.26 0.00 34.46 68.76 0.00 5.85 1.35
Enterprise Value to EBIT (EV/EBIT)
15.91 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.84
Enterprise Value to NOPAT (EV/NOPAT)
26.37 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.18
Enterprise Value to Operating Cash Flow (EV/OCF)
8.94 12.13 13.89 13.38 97.66 19.36 24.71 40.46 37.15 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
4.97 3.62 8.34 8.40 10.61 99.61 19.36 3.75 5.25 1.26
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.97 1.24 1.23 1.23 1.71 1.65 1.32 0.92 0.73 0.65
Long-Term Debt to Equity
0.94 1.21 1.19 1.19 1.66 1.61 1.28 0.88 0.70 0.62
Financial Leverage
0.65 0.75 0.61 0.66 0.75 0.86 0.81 0.69 0.68 0.63
Leverage Ratio
3.00 3.26 3.02 3.02 3.35 3.67 3.42 3.17 3.35 3.27
Compound Leverage Factor
1.53 6.58 -1.27 -1.06 3.68 -0.86 2.82 2.98 3.05 -0.43
Debt to Total Capital
49.19% 55.34% 55.11% 55.16% 63.15% 62.32% 56.85% 47.82% 42.11% 39.35%
Short-Term Debt to Total Capital
1.24% 1.48% 1.59% 1.72% 1.93% 1.65% 1.68% 1.92% 1.47% 1.48%
Long-Term Debt to Total Capital
47.95% 53.86% 53.52% 53.44% 61.22% 60.67% 55.17% 45.90% 40.63% 37.87%
Preferred Equity to Total Capital
0.00% 0.01% 0.00% 0.01% 0.01% 0.01% 0.00% 0.01% 0.01% 0.00%
Noncontrolling Interests to Total Capital
5.35% 5.99% 5.95% 5.96% 7.01% 7.10% 7.44% 8.49% 8.26% 8.99%
Common Equity to Total Capital
45.46% 38.68% 38.94% 38.89% 29.84% 30.58% 35.71% 43.70% 49.64% 51.67%
Debt to EBITDA
3.62 6.76 8.77 8.71 -8.71 25.64 48.52 -23.49 3.78 0.81
Net Debt to EBITDA
2.02 3.76 5.26 5.40 -5.70 15.68 30.48 -14.91 1.78 0.35
Long-Term Debt to EBITDA
3.52 6.58 8.51 8.44 -8.44 24.96 47.09 -22.54 3.64 0.78
Debt to NOPAT
21.63 -43.59 -21.35 -20.64 -4.45 -8.29 -6.40 -9.42 -31.46 1.31
Net Debt to NOPAT
12.07 -24.25 -12.81 -12.79 -2.92 -5.07 -4.02 -5.98 -14.84 0.56
Long-Term Debt to NOPAT
21.09 -42.43 -20.73 -20.00 -4.32 -8.07 -6.21 -9.04 -30.36 1.26
Altman Z-Score
0.63 0.36 0.52 0.52 0.09 0.43 0.61 0.85 0.72 1.25
Noncontrolling Interest Sharing Ratio
10.62% 12.17% 11.47% 11.65% 13.59% 15.70% 15.01% 14.64% 16.29% 16.58%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.76 1.76 1.85 1.91 1.91 1.91 1.87 1.65 1.75 1.68
Quick Ratio
1.32 1.31 1.33 1.36 1.32 1.22 1.20 1.00 1.11 1.15
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
290 385 278 282 262 184 251 423 233 798
Operating Cash Flow to CapEx
362.96% 118.60% -54.55% -50.00% -50.00% 420.69% -176.19% -164.00% -81.25% 0.00%
Free Cash Flow to Firm to Interest Expense
13.18 15.41 10.29 10.45 9.34 6.34 9.28 22.25 14.56 61.38
Operating Cash Flow to Interest Expense
4.45 2.04 -0.44 -0.37 -0.39 4.21 -1.37 -2.16 -0.81 3.15
Operating Cash Flow Less CapEx to Interest Expense
3.23 0.32 -1.26 -1.11 -1.18 3.21 -2.15 -3.47 -1.81 3.62
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.98 1.01 1.02 1.03 1.06 1.11 1.13 1.17 1.17 1.17
Accounts Receivable Turnover
5.79 5.81 6.10 6.00 5.94 6.26 6.25 6.60 6.16 6.38
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
14.65 14.11 14.36 14.76 14.93 16.08 16.72 16.86 16.91 18.44
Accounts Payable Turnover
16.34 14.17 16.35 17.67 15.88 14.37 16.93 18.86 18.78 16.50
Days Sales Outstanding (DSO)
63.04 62.87 59.88 60.85 61.48 58.30 58.36 55.29 59.29 57.21
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
22.34 25.76 22.33 20.65 22.98 25.40 21.56 19.35 19.43 22.13
Cash Conversion Cycle (CCC)
40.70 37.11 37.55 40.19 38.50 32.90 36.80 35.94 39.86 35.08
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
2,076 1,789 1,860 1,884 1,617 1,617 1,604 1,441 1,374 1,258
Invested Capital Turnover
1.78 1.89 1.91 1.88 2.03 2.19 2.15 2.19 2.35 2.33
Increase / (Decrease) in Invested Capital
-260 -512 -263 -266 -459 -172 -256 -443 -243 -359
Enterprise Value (EV)
1,591 1,747 1,680 1,700 1,758 1,723 1,581 1,335 1,152 1,065
Market Capitalization
721 874 749 743 758 793 734 667 654 646
Book Value per Share
$5.59 $4.25 $4.25 $4.24 $2.83 $2.89 $3.43 $3.67 $5.40 $5.25
Tangible Book Value per Share
($0.56) ($0.36) ($0.33) ($0.35) ($0.39) ($0.25) $0.13 $0.48 $1.36 $1.35
Total Capital
2,653 2,371 2,386 2,384 2,068 2,057 1,963 1,719 1,767 1,624
Total Debt
1,305 1,312 1,315 1,315 1,306 1,282 1,116 822 744 639
Total Long-Term Debt
1,272 1,277 1,277 1,274 1,266 1,248 1,083 789 718 615
Net Debt
728 730 789 815 855 784 701 522 351 273
Capital Expenditures (CapEx)
27 43 22 20 22 29 21 25 16 -6.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)
164 155 226 263 319 323 358 266 251 166
Debt-free Net Working Capital (DFNWC)
741 737 752 763 770 821 773 566 644 532
Net Working Capital (NWC)
708 702 714 722 730 787 740 533 618 508
Net Nonoperating Expense (NNE)
15 206 21 23 92 5.90 -104 -236 -133 451
Net Nonoperating Obligations (NNO)
728 730 789 815 855 842 757 544 351 273
Total Depreciation and Amortization (D&A)
56 64 63 59 83 66 64 52 46 48
Debt-free, Cash-free Net Working Capital to Revenue
4.18% 4.02% 5.93% 6.92% 8.50% 8.68% 9.62% 7.32% 7.15% 4.95%
Debt-free Net Working Capital to Revenue
18.90% 19.10% 19.72% 20.08% 20.51% 22.06% 20.77% 15.58% 18.35% 15.85%
Net Working Capital to Revenue
18.06% 18.20% 18.73% 19.00% 19.44% 21.14% 19.89% 14.67% 17.61% 15.14%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.06 ($1.56) ($0.04) ($0.04) ($1.34) $0.01 $0.46 $1.10 $0.75 ($0.03)
Adjusted Weighted Average Basic Shares Outstanding
215.92M 218.40M 218.44M 217.74M 217.29M 209.97M 204.58M 162.40M 159.89M 161.83M
Adjusted Diluted Earnings per Share
$0.06 ($1.55) ($0.04) ($0.04) ($1.34) $0.01 $0.46 $1.07 $0.72 ($0.02)
Adjusted Weighted Average Diluted Shares Outstanding
215.92M 218.40M 218.44M 217.74M 217.29M 209.97M 204.58M 162.40M 159.89M 161.83M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
215.92M 218.40M 218.44M 217.74M 217.29M 209.97M 204.58M 162.40M 159.89M 161.83M
Normalized Net Operating Profit after Tax (NOPAT)
33 -117 20 25 8.40 15 4.68 -12 -5.42 456
Normalized NOPAT Margin
3.34% -11.86% 2.20% 2.68% 0.90% 1.62% 0.51% -1.39% -0.67% 56.96%
Pre Tax Income Margin
2.35% -37.02% -0.87% -0.77% -33.58% -0.42% 13.79% 36.23% 19.70% -10.25%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
2.05 -7.24 0.70 0.74 -10.18 0.59 5.70 16.79 10.94 48.23
NOPAT to Interest Expense
1.36 -5.07 0.54 0.60 -7.05 0.41 -0.20 -1.06 -0.63 33.76
EBIT Less CapEx to Interest Expense
0.82 -8.96 -0.11 0.00 -10.96 -0.41 4.93 15.47 9.94 48.69
NOPAT Less CapEx to Interest Expense
0.14 -6.79 -0.27 -0.14 -7.84 -0.59 -0.98 -2.38 -1.63 34.22
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
9.01% -5.49% -3.09% -3.02% -1.57% -3.38% -5.24% 31.25% 2.25% 2.35%
Augmented Payout Ratio
9.01% -5.49% -3.09% -3.32% -2.68% -12.50% -28.27% 637.50% 47.75% 45.07%

Frequently Asked Questions About Conduent's Financials

When does Conduent's fiscal year end?

According to the most recent income statement we have on file, Conduent's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Conduent's net income changed over the last 2 years?

Conduent's net income appears to be on a downward trend, with a most recent value of $426 million in 2024, falling from -$182 million in 2022. The previous period was -$296 million in 2023.

What is Conduent's operating income?
Conduent's total operating income in 2024 was $579 million, based on the following breakdown:
  • Total Gross Profit: $626 million
  • Total Operating Expenses: $47 million
How has Conduent revenue changed over the last 2 years?

Over the last 2 years, Conduent's total revenue changed from $3.86 billion in 2022 to $3.36 billion in 2024, a change of -13.0%.

How much debt does Conduent have?

Conduent's total liabilities were at $1.61 billion at the end of 2024, a 32.4% decrease from 2023, and a 35.7% decrease since 2022.

How much cash does Conduent have?

In the past 2 years, Conduent's cash and equivalents has ranged from $366 million in 2024 to $582 million in 2022, and is currently $366 million as of their latest financial filing in 2024.

How has Conduent's book value per share changed over the last 2 years?

Over the last 2 years, Conduent's book value per share changed from 4.25 in 2022 to 5.25 in 2024, a change of 23.6%.

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This page (NASDAQ:CNDT) was last updated on 4/15/2025 by MarketBeat.com Staff
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