Conduent (CNDT) Financials

$2.23 0.00 (0.00%)

Closing price 05/30/2025 04:00 PM Eastern

Extended Trading

$2.34 +0.11 (+4.71%)

As of 05/30/2025 06:18 PM Eastern

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	426	-296	-182
Consolidated Net Income / (Loss)	426	-296	-182
Net Income / (Loss) Continuing Operations	426	-296	-182
Total Pre-Tax Income	504	-332	-127
Total Operating Income	579	-221	-43
Total Gross Profit	626	834	840
Total Revenue	3,356	3,722	3,858
Operating Revenue	3,356	3,722	3,858
Total Cost of Revenue	2,730	2,888	3,018
Operating Cost of Revenue	2,730	2,888	3,018
Total Operating Expenses	47	1,055	883
Selling, General & Admin Expense	455	458	440
Research & Development Expense	6.00	7.00	7.00
Depreciation Expense	204	264	230
Other Operating Expenses / (Income)	-701	7.00	-159
Impairment Charge	28	287	358
Restructuring Charge	46	62	39
Other Special Charges / (Income)	9.00	-30	-32
Total Other Income / (Expense), net	-75	-111	-84
Interest Expense	75	111	84
Income Tax Expense	78	-36	55
Basic Earnings per Share	$2.28	($1.41)	($0.89)
Weighted Average Basic Shares Outstanding	161.83M	209.97M	218.40M
Diluted Earnings per Share	$2.23	($1.41)	($0.89)
Weighted Average Diluted Shares Outstanding	161.83M	209.97M	218.40M
Weighted Average Basic & Diluted Shares Outstanding	161.83M	209.97M	218.40M

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-12	123	216	99	6.00	-289	-7.00	-6.00	-333	15
Consolidated Net Income / (Loss)	-12	123	216	99	6.00	-289	-7.00	-6.00	-333	15
Net Income / (Loss) Continuing Operations	-12	123	216	99	6.00	-289	-7.00	-6.00	-333	15
Total Pre-Tax Income	-82	159	300	127	-4.00	-313	-7.00	-8.00	-365	23
Total Operating Income	627	-13	-28	-7.00	17	-282	23	21	-181	46
Total Gross Profit	138	151	151	186	213	208	211	202	204	223
Total Revenue	800	807	828	921	953	932	915	922	986	977
Operating Revenue	800	807	828	921	953	932	915	922	986	977
Total Cost of Revenue	662	656	677	735	740	724	704	720	782	754
Operating Cost of Revenue	662	656	677	735	740	724	704	720	782	754
Total Operating Expenses	-489	164	179	193	196	490	188	181	385	177
Selling, General & Admin Expense	109	115	115	116	114	115	118	111	108	117
Research & Development Expense	2.00	1.00	1.00	2.00	2.00	2.00	1.00	2.00	2.00	2.00
Depreciation Expense	47	44	51	62	65	81	57	61	62	54
Other Operating Expenses / (Income)	-699	-2.00	0.00	0.00	10	-2.00	0.00	-1.00	-159	0.00
Restructuring Charge	25	4.00	8.00	9.00	13	7.00	13	29	15	4.00
Other Special Charges / (Income)	-1.00	2.00	4.00	4.00	-8.00	0.00	-1.00	-21	-1.00	0.00
Total Other Income / (Expense), net	-709	172	328	134	-21	-31	-30	-29	-184	-23
Interest Expense	13	16	19	27	29	28	27	27	25	22
Income Tax Expense	-70	36	84	28	-10	-24	0.00	-2.00	-32	8.00
Basic Earnings per Share	($0.03)	$0.75	$1.10	$0.46	$0.01	($1.34)	($0.04)	($0.04)	($1.56)	$0.06
Weighted Average Basic Shares Outstanding	161.83M	159.89M	162.40M	204.58M	209.97M	217.29M	217.74M	218.44M	218.40M	215.92M
Diluted Earnings per Share	($0.02)	$0.72	$1.07	$0.46	$0.01	($1.34)	($0.04)	($0.04)	($1.55)	$0.06
Weighted Average Diluted Shares Outstanding	161.83M	159.89M	162.40M	204.58M	209.97M	217.29M	217.74M	218.44M	218.40M	215.92M
Weighted Average Basic & Diluted Shares Outstanding	161.83M	159.89M	162.40M	204.58M	209.97M	217.29M	217.74M	218.44M	218.40M	215.92M

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-142	-79	178
Net Cash From Operating Activities	-50	89	144
Net Cash From Continuing Operating Activities	-50	89	144
Net Income / (Loss) Continuing Operations	426	-296	-182
Consolidated Net Income / (Loss)	426	-296	-182
Depreciation Expense	204	264	230
Amortization Expense	6.00	7.00	7.00
Non-Cash Adjustments To Reconcile Net Income	-669	306	214
Changes in Operating Assets and Liabilities, net	-17	-192	-125
Net Cash From Investing Activities	795	-93	173
Net Cash From Continuing Investing Activities	795	-93	173
Purchase of Property, Plant & Equipment	-56	-93	-153
Divestitures	851	0.00	326
Net Cash From Financing Activities	-877	-81	-131
Net Cash From Continuing Financing Activities	-877	-81	-131
Repayment of Debt	-756	-41	-133
Repurchase of Common Equity	-182	-27	0.00
Payment of Dividends	-10	-10	-10
Issuance of Debt	80	0.00	13
Issuance of Common Equity	0.00	4.00	0.00
Other Financing Activities, net	-9.00	-7.00	-1.00
Effect of Exchange Rate Changes	-10	6.00	-8.00

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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-27	97	-117	-95	64	-50	-42	-51	11	57
Net Cash From Operating Activities	41	-13	-41	-37	122	-11	-10	-12	51	98
Net Cash From Continuing Operating Activities	41	-13	-41	-37	122	-11	-10	-12	51	98
Net Income / (Loss) Continuing Operations	-12	123	216	99	6.00	-289	-7.00	-6.00	-333	15
Consolidated Net Income / (Loss)	-12	123	216	99	6.00	-289	-7.00	-6.00	-333	15
Depreciation Expense	47	44	51	62	65	81	57	61	62	54
Amortization Expense	1.00	2.00	1.00	2.00	1.00	2.00	2.00	2.00	2.00	2.00
Non-Cash Adjustments To Reconcile Net Income	38	-187	-361	-159	6.00	292	6.00	2.00	365	6.00
Changes in Operating Assets and Liabilities, net	-33	5.00	52	-41	44	-97	-68	-71	-45	21
Net Cash From Investing Activities	34	208	410	143	-29	-22	-20	-22	-43	-26
Net Cash From Continuing Investing Activities	34	208	410	143	-29	-22	-20	-22	-43	-26
Purchase of Property, Plant & Equipment	6.00	-16	-25	-21	-29	-22	-20	-22	-43	-27
Divestitures	28	224	435	164	-	-	-	0.00	-	1.00
Net Cash From Financing Activities	-96	-100	-482	-199	-33	-16	-13	-19	1.00	-11
Net Cash From Continuing Financing Activities	-96	-100	-482	-199	-33	-16	-13	-19	1.00	-11
Repayment of Debt	-89	-134	-358	-175	-11	-10	-10	-10	-9.00	-8.00
Payment of Dividends	-3.00	-2.00	-3.00	-2.00	-3.00	-2.00	-3.00	-2.00	-3.00	-2.00
Other Financing Activities, net	-4.00	-	-	-5.00	-	-1.00	1.00	-7.00	-	-1.00
Effect of Exchange Rate Changes	-6.00	2.00	-4.00	-2.00	4.00	-1.00	1.00	2.00	2.00	-4.00

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	2,599	3,162	3,571
Total Current Assets	1,252	1,655	1,625
Cash & Equivalents	366	498	582
Accounts Receivable	493	559	630
Other Current Assets	393	598	413
Plant, Property, & Equipment, net	167	197	266
Plant, Property & Equipment, gross	167	197	266
Total Noncurrent Assets	1,180	1,310	1,680
Goodwill	609	651	955
Intangible Assets	14	32	39
Other Noncurrent Operating Assets	557	627	686
Total Liabilities & Shareholders' Equity	2,599	3,162	3,571
Total Liabilities	1,614	2,387	2,512
Total Current Liabilities	744	868	923
Short-Term Debt	24	34	35
Accounts Payable	157	174	228
Current Deferred Revenue	103	91	81
Current Employee Benefit Liabilities	170	183	197
Other Current Liabilities	290	328	382
Other Current Nonoperating Liabilities	0.00	58	0.00
Total Noncurrent Liabilities	870	1,519	1,589
Long-Term Debt	615	1,248	1,277
Noncurrent Deferred & Payable Income Tax Liabilities	24	30	83
Other Noncurrent Operating Liabilities	231	241	229
Commitments & Contingencies	0.00	0.00	0.00
Redeemable Noncontrolling Interest	142	142	142
Total Equity & Noncontrolling Interests	843	633	917
Total Preferred & Common Equity	839	629	917
Total Common Equity	839	629	917
Common Stock	3,954	3,940	3,926
Retained Earnings	-2,433	-2,849	-2,543
Treasury Stock	-210	-27	0.00
Accumulated Other Comprehensive Income / (Loss)	-472	-435	-466
Other Equity Adjustments	0.12	-	-
Noncontrolling Interest	4.00	4.00	0.00

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 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	2,841	2,780	3,058	3,146	3,453	3,503	3,921
Total Current Assets	1,445	1,352	1,589	1,535	1,517	1,556	1,641
Cash & Equivalents	393	300	415	451	500	526	577
Accounts Receivable	528	518	600	612	583	590	653
Other Current Assets	524	534	574	472	434	440	411
Plant, Property, & Equipment, net	174	179	186	241	252	259	262
Total Noncurrent Assets	1,222	1,249	1,283	1,370	1,684	1,688	2,018
Goodwill	642	637	643	668	967	965	1,286
Intangible Assets	15	15	31	34	36	37	41
Other Noncurrent Operating Assets	565	597	609	668	681	686	691
Total Liabilities & Shareholders' Equity	2,841	2,780	3,058	3,146	3,453	3,503	3,921
Total Liabilities	1,818	1,883	2,211	2,384	2,384	2,432	2,573
Total Current Liabilities	827	819	849	805	795	842	933
Short-Term Debt	26	33	33	40	41	38	33
Accounts Payable	133	136	167	166	169	176	203
Current Deferred Revenue	115	95	94	99	80	79	75
Current Employee Benefit Liabilities	193	171	175	195	180	174	227
Other Current Liabilities	360	362	324	305	325	375	395
Other Current Nonoperating Liabilities	0.00	22	56	-	-	-	-
Total Noncurrent Liabilities	991	1,064	1,362	1,579	1,589	1,590	1,640
Long-Term Debt	718	789	1,083	1,266	1,274	1,277	1,272
Noncurrent Deferred & Payable Income Tax Liabilities	54	48	43	61	75	85	117
Other Noncurrent Operating Liabilities	219	227	236	252	240	228	251
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	881	755	705	620	927	929	1,206
Total Preferred & Common Equity	877	751	701	617	927	929	1,206
Preferred Stock	0.12	0.12	-	0.12	0.12	-	0.12
Total Common Equity	877	751	701	617	927	929	1,206
Common Stock	3,954	3,949	3,943	3,939	3,933	3,928	3,926
Retained Earnings	-2,418	-2,539	-2,752	-2,852	-2,561	-2,551	-2,207
Treasury Stock	-210	-196	-44	-7.00	-1.00	-	-
Accumulated Other Comprehensive Income / (Loss)	-449	-463	-446	-463	-444	-448	-513
Other Equity Adjustments	0.12	0.12	-	0.12	0.12	0.12	0.12
Noncontrolling Interest	4.00	4.00	4.00	3.00	-	-	-

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

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	-9.83%	-3.53%	-6.81%
EBITDA Growth	1,478.00%	-74.23%	-50.13%
EBIT Growth	361.99%	-413.95%	-243.33%
NOPAT Growth	416.35%	-413.95%	-243.33%
Net Income Growth	243.92%	-62.64%	-550.00%
EPS Growth	258.16%	-58.43%	-394.44%
Operating Cash Flow Growth	-156.18%	-38.19%	-40.74%
Free Cash Flow Firm Growth	4,804.01%	-96.41%	330.27%
Invested Capital Growth	-22.20%	-9.61%	-22.25%
Revenue Q/Q Growth	-4.36%	-0.88%	-1.58%
EBITDA Q/Q Growth	300.51%	133.33%	-46.26%
EBIT Q/Q Growth	1,967.74%	47.26%	-143.00%
NOPAT Q/Q Growth	2,169.36%	47.26%	-149.90%
Net Income Q/Q Growth	-4.05%	53.39%	-263.96%
EPS Q/Q Growth	-1.33%	52.53%	-293.48%
Operating Cash Flow Q/Q Growth	-261.29%	394.44%	-19.10%
Free Cash Flow Firm Q/Q Growth	286.78%	-89.56%	50.44%
Invested Capital Q/Q Growth	-8.44%	0.00%	-13.82%
Profitability Metrics	-	-	-
Gross Margin	18.65%	22.41%	21.77%
EBITDA Margin	23.51%	1.34%	5.03%
Operating Margin	17.25%	-5.94%	-1.11%
EBIT Margin	17.25%	-5.94%	-1.11%
Profit (Net Income) Margin	12.69%	-7.95%	-4.72%
Tax Burden Percent	84.52%	89.16%	143.31%
Interest Burden Percent	87.05%	150.23%	295.35%
Effective Tax Rate	15.48%	0.00%	0.00%
Return on Invested Capital (ROIC)	34.04%	-9.08%	-1.47%
ROIC Less NNEP Spread (ROIC-NNEP)	22.67%	-27.06%	-18.76%
Return on Net Nonoperating Assets (RNNOA)	14.36%	-23.20%	-14.13%
Return on Equity (ROE)	48.41%	-32.28%	-15.60%
Cash Return on Invested Capital (CROIC)	59.02%	1.02%	23.56%
Operating Return on Assets (OROA)	20.10%	-6.56%	-1.13%
Return on Assets (ROA)	14.79%	-8.79%	-4.79%
Return on Common Equity (ROCE)	40.38%	-27.21%	-13.70%
Return on Equity Simple (ROE_SIMPLE)	50.77%	-47.06%	-19.85%
Net Operating Profit after Tax (NOPAT)	489	-155	-30
NOPAT Margin	14.58%	-4.16%	-0.78%
Net Nonoperating Expense Percent (NNEP)	11.37%	17.98%	17.29%
Return On Investment Capital (ROIC_SIMPLE)	33.02%	-8.08%	-1.35%
Cost of Revenue to Revenue	81.35%	77.59%	78.23%
SG&A Expenses to Revenue	13.56%	12.31%	11.40%
R&D to Revenue	0.18%	0.19%	0.18%
Operating Expenses to Revenue	1.40%	28.35%	22.89%
Earnings before Interest and Taxes (EBIT)	579	-221	-43
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	789	50	194
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.77	1.26	0.95
Price to Tangible Book Value (P/TBV)	2.99	0.00	0.00
Price to Revenue (P/Rev)	0.19	0.21	0.23
Price to Earnings (P/E)	1.52	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	65.95%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.85	1.07	0.98
Enterprise Value to Revenue (EV/Rev)	0.32	0.46	0.45
Enterprise Value to EBITDA (EV/EBITDA)	1.35	34.46	9.00
Enterprise Value to EBIT (EV/EBIT)	1.84	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	2.18	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	19.36	12.13
Enterprise Value to Free Cash Flow (EV/FCFF)	1.26	99.61	3.62
Leverage & Solvency	-	-	-
Debt to Equity	0.65	1.65	1.24
Long-Term Debt to Equity	0.62	1.61	1.21
Financial Leverage	0.63	0.86	0.75
Leverage Ratio	3.27	3.67	3.26
Compound Leverage Factor	2.85	5.52	9.63
Debt to Total Capital	39.35%	62.32%	55.34%
Short-Term Debt to Total Capital	1.48%	1.65%	1.48%
Long-Term Debt to Total Capital	37.87%	60.67%	53.86%
Preferred Equity to Total Capital	0.00%	0.01%	0.01%
Noncontrolling Interests to Total Capital	8.99%	7.10%	5.99%
Common Equity to Total Capital	51.67%	30.58%	38.68%
Debt to EBITDA	0.81	25.64	6.76
Net Debt to EBITDA	0.35	15.68	3.76
Long-Term Debt to EBITDA	0.78	24.96	6.58
Debt to NOPAT	1.31	-8.29	-43.59
Net Debt to NOPAT	0.56	-5.07	-24.25
Long-Term Debt to NOPAT	1.26	-8.07	-42.43
Altman Z-Score	1.19	0.18	0.49
Noncontrolling Interest Sharing Ratio	16.58%	15.70%	12.17%
Liquidity Ratios	-	-	-
Current Ratio	1.68	1.91	1.76
Quick Ratio	1.15	1.22	1.31
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	848	17	482
Operating Cash Flow to CapEx	-89.29%	95.70%	94.12%
Free Cash Flow to Firm to Interest Expense	11.31	0.16	5.74
Operating Cash Flow to Interest Expense	-0.67	0.80	1.71
Operating Cash Flow Less CapEx to Interest Expense	-1.41	-0.04	-0.11
Efficiency Ratios	-	-	-
Asset Turnover	1.17	1.11	1.01
Accounts Receivable Turnover	6.38	6.26	5.81
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	18.44	16.08	14.11
Accounts Payable Turnover	16.50	14.37	14.17
Days Sales Outstanding (DSO)	57.21	58.30	62.87
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	22.13	25.40	25.76
Cash Conversion Cycle (CCC)	35.08	32.90	37.11
Capital & Investment Metrics	-	-	-
Invested Capital	1,258	1,617	1,789
Invested Capital Turnover	2.33	2.19	1.89
Increase / (Decrease) in Invested Capital	-359	-172	-512
Enterprise Value (EV)	1,065	1,723	1,747
Market Capitalization	646	793	874
Book Value per Share	$5.25	$2.89	$4.25
Tangible Book Value per Share	$1.35	($0.25)	($0.36)
Total Capital	1,624	2,057	2,371
Total Debt	639	1,282	1,312
Total Long-Term Debt	615	1,248	1,277
Net Debt	273	784	730
Capital Expenditures (CapEx)	56	93	153
Debt-free, Cash-free Net Working Capital (DFCFNWC)	166	323	155
Debt-free Net Working Capital (DFNWC)	532	821	737
Net Working Capital (NWC)	508	787	702
Net Nonoperating Expense (NNE)	63	141	152
Net Nonoperating Obligations (NNO)	273	842	730
Total Depreciation and Amortization (D&A)	210	271	237
Debt-free, Cash-free Net Working Capital to Revenue	4.95%	8.68%	4.02%
Debt-free Net Working Capital to Revenue	15.85%	22.06%	19.10%
Net Working Capital to Revenue	15.14%	21.14%	18.20%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$2.28	($1.41)	($0.89)
Adjusted Weighted Average Basic Shares Outstanding	161.83M	209.97M	218.40M
Adjusted Diluted Earnings per Share	$2.23	($1.41)	($0.89)
Adjusted Weighted Average Diluted Shares Outstanding	161.83M	209.97M	218.40M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	161.83M	209.97M	218.40M
Normalized Net Operating Profit after Tax (NOPAT)	560	69	225
Normalized NOPAT Margin	16.67%	1.84%	5.84%
Pre Tax Income Margin	15.02%	-8.92%	-3.29%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	7.72	-1.99	-0.51
NOPAT to Interest Expense	6.53	-1.39	-0.36
EBIT Less CapEx to Interest Expense	6.97	-2.83	-2.33
NOPAT Less CapEx to Interest Expense	5.78	-2.23	-2.18
Payout Ratios	-	-	-
Dividend Payout Ratio	2.35%	-3.38%	-5.49%
Augmented Payout Ratio	45.07%	-12.50%	-5.49%

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-16.05%	-13.41%	-9.51%	-0.11%	-3.35%	-4.61%	-1.40%	-4.65%	-5.92%	-5.88%
EBITDA Growth	713.25%	209.41%	369.62%	165.85%	170.94%	-300.00%	1.28%	-71.82%	-334.00%	-13.68%
EBIT Growth	3,588.24%	161.40%	1,495.00%	710.53%	109.39%	-733.33%	-13.04%	-91.70%	-376.32%	45.16%
NOPAT Growth	3,588.24%	94.91%	-225.22%	-137.12%	109.39%	-758.00%	0.00%	-65.61%	-376.32%	67.16%
Net Income Growth	-300.00%	142.56%	3,185.71%	1,750.00%	101.80%	-2,026.67%	0.00%	-104.41%	-732.50%	36.36%
EPS Growth	-300.00%	153.73%	2,775.00%	1,250.00%	100.65%	-2,333.33%	-300.00%	-106.56%	-675.00%	50.00%
Operating Cash Flow Growth	-66.39%	-18.18%	-310.00%	-208.33%	139.22%	-111.22%	37.50%	-209.09%	-40.00%	78.18%
Free Cash Flow Firm Growth	333.88%	-10.95%	49.89%	-9.78%	-52.27%	-9.79%	34.98%	-12.60%	498.29%	69.64%
Invested Capital Growth	-22.20%	-15.03%	-23.51%	-13.76%	-9.61%	-22.11%	-12.37%	-12.39%	-22.25%	-11.13%
Revenue Q/Q Growth	-0.87%	-2.54%	-10.10%	-3.36%	2.25%	1.86%	-0.76%	-6.49%	0.92%	5.28%
EBITDA Q/Q Growth	205.43%	-40.43%	70.18%	162.65%	141.09%	-355.70%	-3.66%	170.09%	-215.84%	29.49%
EBIT Q/Q Growth	258.29%	-45.14%	107.14%	805.88%	105.96%	-1,525.00%	5.26%	110.50%	-502.22%	95.65%
NOPAT Q/Q Growth	4,464.30%	50.12%	-269.45%	-145.85%	106.03%	-1,326.09%	9.52%	111.60%	-522.33%	0.00%
Net Income Q/Q Growth	-109.76%	-43.06%	118.18%	1,550.00%	102.08%	-4,028.57%	-16.67%	98.20%	-2,320.00%	0.00%
EPS Q/Q Growth	-102.78%	-32.71%	132.61%	4,500.00%	100.75%	-3,250.00%	0.00%	97.42%	-2,683.33%	700.00%
Operating Cash Flow Q/Q Growth	415.38%	68.29%	-10.81%	-130.33%	1,209.09%	-10.00%	16.67%	-123.53%	-47.96%	712.50%
Free Cash Flow Firm Q/Q Growth	242.53%	-44.91%	68.77%	36.24%	-29.70%	-7.27%	1.58%	-27.93%	32.86%	38.76%
Invested Capital Q/Q Growth	-8.44%	-4.65%	-10.16%	-0.80%	0.00%	-14.17%	1.29%	3.97%	-13.82%	-3.44%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	17.25%	18.71%	18.24%	20.20%	22.35%	22.32%	23.06%	21.91%	20.69%	22.83%
EBITDA Margin	84.38%	27.39%	44.81%	23.67%	8.71%	-21.67%	8.63%	8.89%	-11.87%	10.34%
Operating Margin	78.38%	-1.61%	-3.38%	-0.76%	1.78%	-30.26%	2.51%	2.28%	-18.36%	4.71%
EBIT Margin	78.38%	21.69%	38.53%	16.72%	1.78%	-30.58%	2.19%	2.06%	-18.36%	4.61%
Profit (Net Income) Margin	-1.50%	15.24%	26.09%	10.75%	0.63%	-31.01%	-0.77%	-0.65%	-33.77%	1.54%
Tax Burden Percent	14.63%	77.36%	72.00%	77.95%	-150.00%	92.33%	100.00%	75.00%	91.23%	65.22%
Interest Burden Percent	-13.08%	90.86%	94.04%	82.47%	-23.53%	109.82%	-35.00%	-42.11%	201.66%	51.11%
Effective Tax Rate	0.00%	22.64%	28.00%	22.05%	0.00%	0.00%	0.00%	0.00%	0.00%	34.78%
Return on Invested Capital (ROIC)	128.08%	-2.92%	-5.32%	-1.27%	2.73%	-43.07%	3.32%	3.05%	-24.24%	5.46%
ROIC Less NNEP Spread (ROIC-NNEP)	47.20%	19.14%	29.43%	12.24%	1.98%	-54.64%	0.42%	0.31%	-47.73%	3.73%
Return on Net Nonoperating Assets (RNNOA)	29.90%	12.93%	20.35%	9.87%	1.70%	-41.00%	0.28%	0.19%	-35.94%	2.43%
Return on Equity (ROE)	157.99%	10.01%	15.02%	8.59%	4.42%	-84.07%	3.59%	3.24%	-60.18%	7.88%
Cash Return on Invested Capital (CROIC)	59.02%	14.67%	21.40%	4.72%	1.02%	8.97%	10.03%	10.11%	23.56%	14.52%
Operating Return on Assets (OROA)	91.31%	25.42%	44.92%	18.97%	1.97%	-32.50%	2.26%	2.10%	-18.62%	4.51%
Return on Assets (ROA)	-1.75%	17.87%	30.42%	12.19%	0.70%	-32.95%	-0.79%	-0.66%	-34.26%	1.50%
Return on Common Equity (ROCE)	131.79%	8.38%	12.82%	7.30%	3.73%	-72.64%	3.17%	2.87%	-52.86%	7.05%
Return on Equity Simple (ROE_SIMPLE)	0.00%	50.63%	4.26%	-27.25%	0.00%	-102.92%	-35.71%	-34.88%	0.00%	9.20%
Net Operating Profit after Tax (NOPAT)	439	-10	-20	-5.46	12	-197	16	15	-127	30
NOPAT Margin	54.86%	-1.25%	-2.43%	-0.59%	1.25%	-21.18%	1.76%	1.59%	-12.85%	3.07%
Net Nonoperating Expense Percent (NNEP)	80.88%	-22.07%	-34.76%	-13.51%	0.75%	11.57%	2.89%	2.75%	23.48%	1.73%
Return On Investment Capital (ROIC_SIMPLE)	29.62%	-	-	-	0.62%	-	-	-	-5.68%	-
Cost of Revenue to Revenue	82.75%	81.29%	81.76%	79.80%	77.65%	77.68%	76.94%	78.09%	79.31%	77.18%
SG&A Expenses to Revenue	13.63%	14.25%	13.89%	12.60%	11.96%	12.34%	12.90%	12.04%	10.95%	11.98%
R&D to Revenue	0.25%	0.12%	0.12%	0.22%	0.21%	0.21%	0.11%	0.22%	0.20%	0.20%
Operating Expenses to Revenue	-61.13%	20.32%	21.62%	20.96%	20.57%	52.58%	20.55%	19.63%	39.05%	18.12%
Earnings before Interest and Taxes (EBIT)	627	175	319	154	17	-285	20	19	-181	45
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	675	221	371	218	83	-202	79	82	-117	101
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.77	0.75	0.89	1.05	1.26	1.23	0.80	0.81	0.95	0.60
Price to Tangible Book Value (P/TBV)	2.99	2.97	6.73	27.20	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.19	0.19	0.18	0.20	0.21	0.20	0.20	0.20	0.23	0.18
Price to Earnings (P/E)	1.52	1.47	20.84	0.00	0.00	0.00	0.00	0.00	0.00	6.49
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	65.95%	67.84%	4.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	15.40%
Enterprise Value to Invested Capital (EV/IC)	0.85	0.84	0.93	0.99	1.07	1.09	0.90	0.90	0.98	0.77
Enterprise Value to Revenue (EV/Rev)	0.32	0.33	0.37	0.43	0.46	0.47	0.45	0.44	0.45	0.41
Enterprise Value to EBITDA (EV/EBITDA)	1.35	5.85	0.00	68.76	34.46	0.00	11.26	11.20	9.00	4.41
Enterprise Value to EBIT (EV/EBIT)	1.84	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	15.91
Enterprise Value to NOPAT (EV/NOPAT)	2.18	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	26.37
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	37.15	40.46	24.71	19.36	97.66	13.38	13.89	12.13	8.94
Enterprise Value to Free Cash Flow (EV/FCFF)	1.26	5.25	3.75	19.36	99.61	10.61	8.40	8.34	3.62	4.97
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.65	0.73	0.92	1.32	1.65	1.71	1.23	1.23	1.24	0.97
Long-Term Debt to Equity	0.62	0.70	0.88	1.28	1.61	1.66	1.19	1.19	1.21	0.94
Financial Leverage	0.63	0.68	0.69	0.81	0.86	0.75	0.66	0.61	0.75	0.65
Leverage Ratio	3.27	3.35	3.17	3.42	3.67	3.35	3.02	3.02	3.26	3.00
Compound Leverage Factor	-0.43	3.05	2.98	2.82	-0.86	3.68	-1.06	-1.27	6.58	1.53
Debt to Total Capital	39.35%	42.11%	47.82%	56.85%	62.32%	63.15%	55.16%	55.11%	55.34%	49.19%
Short-Term Debt to Total Capital	1.48%	1.47%	1.92%	1.68%	1.65%	1.93%	1.72%	1.59%	1.48%	1.24%
Long-Term Debt to Total Capital	37.87%	40.63%	45.90%	55.17%	60.67%	61.22%	53.44%	53.52%	53.86%	47.95%
Preferred Equity to Total Capital	0.00%	0.01%	0.01%	0.00%	0.01%	0.01%	0.01%	0.00%	0.01%	0.00%
Noncontrolling Interests to Total Capital	8.99%	8.26%	8.49%	7.44%	7.10%	7.01%	5.96%	5.95%	5.99%	5.35%
Common Equity to Total Capital	51.67%	49.64%	43.70%	35.71%	30.58%	29.84%	38.89%	38.94%	38.68%	45.46%
Debt to EBITDA	0.81	3.78	-23.49	48.52	25.64	-8.71	8.71	8.77	6.76	3.62
Net Debt to EBITDA	0.35	1.78	-14.91	30.48	15.68	-5.70	5.40	5.26	3.76	2.02
Long-Term Debt to EBITDA	0.78	3.64	-22.54	47.09	24.96	-8.44	8.44	8.51	6.58	3.52
Debt to NOPAT	1.31	-31.46	-9.42	-6.40	-8.29	-4.45	-20.64	-21.35	-43.59	21.63
Net Debt to NOPAT	0.56	-14.84	-5.98	-4.02	-5.07	-2.92	-12.79	-12.81	-24.25	12.07
Long-Term Debt to NOPAT	1.26	-30.36	-9.04	-6.21	-8.07	-4.32	-20.00	-20.73	-42.43	21.09
Altman Z-Score	1.25	0.72	0.85	0.61	0.43	0.09	0.52	0.52	0.36	0.63
Noncontrolling Interest Sharing Ratio	16.58%	16.29%	14.64%	15.01%	15.70%	13.59%	11.65%	11.47%	12.17%	10.62%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.68	1.75	1.65	1.87	1.91	1.91	1.91	1.85	1.76	1.76
Quick Ratio	1.15	1.11	1.00	1.20	1.22	1.32	1.36	1.33	1.31	1.32
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	798	233	423	251	184	262	282	278	385	290
Operating Cash Flow to CapEx	0.00%	-81.25%	-164.00%	-176.19%	420.69%	-50.00%	-50.00%	-54.55%	118.60%	362.96%
Free Cash Flow to Firm to Interest Expense	61.38	14.56	22.25	9.28	6.34	9.34	10.45	10.29	15.41	13.18
Operating Cash Flow to Interest Expense	3.15	-0.81	-2.16	-1.37	4.21	-0.39	-0.37	-0.44	2.04	4.45
Operating Cash Flow Less CapEx to Interest Expense	3.62	-1.81	-3.47	-2.15	3.21	-1.18	-1.11	-1.26	0.32	3.23
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.17	1.17	1.17	1.13	1.11	1.06	1.03	1.02	1.01	0.98
Accounts Receivable Turnover	6.38	6.16	6.60	6.25	6.26	5.94	6.00	6.10	5.81	5.79
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	18.44	16.91	16.86	16.72	16.08	14.93	14.76	14.36	14.11	14.65
Accounts Payable Turnover	16.50	18.78	18.86	16.93	14.37	15.88	17.67	16.35	14.17	16.34
Days Sales Outstanding (DSO)	57.21	59.29	55.29	58.36	58.30	61.48	60.85	59.88	62.87	63.04
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)	22.13	19.43	19.35	21.56	25.40	22.98	20.65	22.33	25.76	22.34
Cash Conversion Cycle (CCC)	35.08	39.86	35.94	36.80	32.90	38.50	40.19	37.55	37.11	40.70
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,258	1,374	1,441	1,604	1,617	1,617	1,884	1,860	1,789	2,076
Invested Capital Turnover	2.33	2.35	2.19	2.15	2.19	2.03	1.88	1.91	1.89	1.78
Increase / (Decrease) in Invested Capital	-359	-243	-443	-256	-172	-459	-266	-263	-512	-260
Enterprise Value (EV)	1,065	1,152	1,335	1,581	1,723	1,758	1,700	1,680	1,747	1,591
Market Capitalization	646	654	667	734	793	758	743	749	874	721
Book Value per Share	$5.25	$5.40	$3.67	$3.43	$2.89	$2.83	$4.24	$4.25	$4.25	$5.59
Tangible Book Value per Share	$1.35	$1.36	$0.48	$0.13	($0.25)	($0.39)	($0.35)	($0.33)	($0.36)	($0.56)
Total Capital	1,624	1,767	1,719	1,963	2,057	2,068	2,384	2,386	2,371	2,653
Total Debt	639	744	822	1,116	1,282	1,306	1,315	1,315	1,312	1,305
Total Long-Term Debt	615	718	789	1,083	1,248	1,266	1,274	1,277	1,277	1,272
Net Debt	273	351	522	701	784	855	815	789	730	728
Capital Expenditures (CapEx)	-6.00	16	25	21	29	22	20	22	43	27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	166	251	266	358	323	319	263	226	155	164
Debt-free Net Working Capital (DFNWC)	532	644	566	773	821	770	763	752	737	741
Net Working Capital (NWC)	508	618	533	740	787	730	722	714	702	708
Net Nonoperating Expense (NNE)	451	-133	-236	-104	5.90	92	23	21	206	15
Net Nonoperating Obligations (NNO)	273	351	544	757	842	855	815	789	730	728
Total Depreciation and Amortization (D&A)	48	46	52	64	66	83	59	63	64	56
Debt-free, Cash-free Net Working Capital to Revenue	4.95%	7.15%	7.32%	9.62%	8.68%	8.50%	6.92%	5.93%	4.02%	4.18%
Debt-free Net Working Capital to Revenue	15.85%	18.35%	15.58%	20.77%	22.06%	20.51%	20.08%	19.72%	19.10%	18.90%
Net Working Capital to Revenue	15.14%	17.61%	14.67%	19.89%	21.14%	19.44%	19.00%	18.73%	18.20%	18.06%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.03)	$0.75	$1.10	$0.46	$0.01	($1.34)	($0.04)	($0.04)	($1.56)	$0.06
Adjusted Weighted Average Basic Shares Outstanding	161.83M	159.89M	162.40M	204.58M	209.97M	217.29M	217.74M	218.44M	218.40M	215.92M
Adjusted Diluted Earnings per Share	($0.02)	$0.72	$1.07	$0.46	$0.01	($1.34)	($0.04)	($0.04)	($1.55)	$0.06
Adjusted Weighted Average Diluted Shares Outstanding	161.83M	159.89M	162.40M	204.58M	209.97M	217.29M	217.74M	218.44M	218.40M	215.92M
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	161.83M	159.89M	162.40M	204.58M	209.97M	217.29M	217.74M	218.44M	218.40M	215.92M
Normalized Net Operating Profit after Tax (NOPAT)	456	-5.42	-12	4.68	15	8.40	25	20	-117	33
Normalized NOPAT Margin	56.96%	-0.67%	-1.39%	0.51%	1.62%	0.90%	2.68%	2.20%	-11.86%	3.34%
Pre Tax Income Margin	-10.25%	19.70%	36.23%	13.79%	-0.42%	-33.58%	-0.77%	-0.87%	-37.02%	2.35%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	48.23	10.94	16.79	5.70	0.59	-10.18	0.74	0.70	-7.24	2.05
NOPAT to Interest Expense	33.76	-0.63	-1.06	-0.20	0.41	-7.05	0.60	0.54	-5.07	1.36
EBIT Less CapEx to Interest Expense	48.69	9.94	15.47	4.93	-0.41	-10.96	0.00	-0.11	-8.96	0.82
NOPAT Less CapEx to Interest Expense	34.22	-1.63	-2.38	-0.98	-0.59	-7.84	-0.14	-0.27	-6.79	0.14
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	2.35%	2.25%	31.25%	-5.24%	-3.38%	-1.57%	-3.02%	-3.09%	-5.49%	9.01%
Augmented Payout Ratio	45.07%	47.75%	637.50%	-28.27%	-12.50%	-2.68%	-3.32%	-3.09%	-5.49%	9.01%

Frequently Asked Questions About Conduent's Financials

When does Conduent's financial year end?

According to the most recent income statement we have on file, Conduent's fiscal year ends in December. Their fiscal 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 5/31/2025 by MarketBeat.com Staff

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Conduent (CNDT) Financials

Frequently Asked Questions About Conduent's Financials

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Conduent (CNDT) Financials

Annual Income Statements for Conduent

Quarterly Income Statements for Conduent

Annual Cash Flow Statements for Conduent

Quarterly Cash Flow Statements for Conduent

Annual Balance Sheets for Conduent

Quarterly Balance Sheets for Conduent

Annual Metrics And Ratios for Conduent

Quarterly Metrics And Ratios for Conduent

Frequently Asked Questions About Conduent's Financials

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