Tearsheet

DXC Technology (DXC)


Market Price (12/29/2025): $15.08 | Market Cap: $2.7 Bil
Sector: Information Technology | Industry: IT Consulting & Other Services

DXC Technology (DXC)


Market Price (12/29/2025): $15.08
Market Cap: $2.7 Bil
Sector: Information Technology
Industry: IT Consulting & Other Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.8%, FCF Yield is 39%
Weak multi-year price returns
2Y Excs Rtn is -79%, 3Y Excs Rtn is -124%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 105%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%
  Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.1%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.1%, Rev Chg QQuarterly Revenue Change % is -2.5%
2 Low stock price volatility
Vol 12M is 41%
  Key risks
DXC key risks include [1] its struggle to pivot from a legacy business model to compete in high-growth digital and AI services, Show more.
3 Megatrend and thematic drivers
Megatrends include Cloud Computing, Cybersecurity, and Automation & Robotics. Themes include Hybrid Cloud Solutions, Show more.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.8%, FCF Yield is 39%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%
2 Low stock price volatility
Vol 12M is 41%
3 Megatrend and thematic drivers
Megatrends include Cloud Computing, Cybersecurity, and Automation & Robotics. Themes include Hybrid Cloud Solutions, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -79%, 3Y Excs Rtn is -124%
5 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 105%
6 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.1%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.1%, Rev Chg QQuarterly Revenue Change % is -2.5%
7 Key risks
DXC key risks include [1] its struggle to pivot from a legacy business model to compete in high-growth digital and AI services, Show more.

Valuation, Metrics & Events

DXC Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are the key points explaining the stock movement of DXC Technology (DXC) for the approximate time period from August 31, 2025, to December 29, 2025:

1. Better-than-Expected Fiscal Second Quarter 2026 Earnings: DXC Technology reported non-GAAP adjusted earnings per share of $0.84 for the second quarter of fiscal year 2026, exceeding the consensus estimate of $0.70. This positive earnings surprise led to a 4.3% increase in the stock during extended trading on October 31, 2025.

2. Debt Redemption Announcement: On December 9, 2025, DXC Technology announced its intention to redeem all €650 million of its 1.750% Senior Notes due January 2026 and partially redeem $300 million of its 1.800% Senior Notes due September 2026. This strategic move to manage debt obligations was positively received by the market, with the stock moving up 4.74% on December 9, 2025.

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Stock Movement Drivers

Fundamental Drivers

The 7.8% change in DXC stock from 9/28/2025 to 12/28/2025 was primarily driven by a 7.3% change in the company's P/E Multiple.
928202512282025Change
Stock Price ($)14.0115.107.78%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)12794.0012714.00-0.63%
Net Income Margin (%)2.96%2.93%-0.96%
P/E Multiple6.697.187.29%
Shares Outstanding (Mil)181.10177.432.03%
Cumulative Contribution7.74%

LTM = Last Twelve Months as of date shown

Market Drivers

9/28/2025 to 12/28/2025
ReturnCorrelation
DXC7.8% 
Market (SPY)4.3%36.0%
Sector (XLK)5.1%25.0%

Fundamental Drivers

The 0.5% change in DXC stock from 6/29/2025 to 12/28/2025 was primarily driven by a 2.7% change in the company's P/E Multiple.
629202512282025Change
Stock Price ($)15.0315.100.47%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)12871.0012714.00-1.22%
Net Income Margin (%)3.02%2.93%-2.93%
P/E Multiple7.007.182.65%
Shares Outstanding (Mil)181.10177.432.03%
Cumulative Contribution0.42%

LTM = Last Twelve Months as of date shown

Market Drivers

6/29/2025 to 12/28/2025
ReturnCorrelation
DXC0.5% 
Market (SPY)12.6%40.3%
Sector (XLK)17.0%26.0%

Fundamental Drivers

The -25.2% change in DXC stock from 12/28/2024 to 12/28/2025 was primarily driven by a -95.3% change in the company's P/E Multiple.
1228202412282025Change
Stock Price ($)20.2015.10-25.25%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)13262.0012714.00-4.13%
Net Income Margin (%)0.18%2.93%1521.15%
P/E Multiple152.287.18-95.28%
Shares Outstanding (Mil)180.93177.431.93%
Cumulative Contribution-25.28%

LTM = Last Twelve Months as of date shown

Market Drivers

12/28/2024 to 12/28/2025
ReturnCorrelation
DXC-25.2% 
Market (SPY)17.0%60.8%
Sector (XLK)24.0%52.8%

Fundamental Drivers

The -43.5% change in DXC stock from 12/29/2022 to 12/28/2025 was primarily driven by a -40.4% change in the company's Net Income Margin (%).
1229202212282025Change
Stock Price ($)26.7415.10-43.53%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)15370.0012714.00-17.28%
Net Income Margin (%)4.93%2.93%-40.43%
P/E Multiple8.127.18-11.57%
Shares Outstanding (Mil)229.96177.4322.84%
Cumulative Contribution-46.48%

LTM = Last Twelve Months as of date shown

Market Drivers

12/29/2023 to 12/28/2025
ReturnCorrelation
DXC-34.0% 
Market (SPY)48.4%48.9%
Sector (XLK)54.0%41.1%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
DXC Return-30%25%-18%-14%-13%-24%-59%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
DXC Win Rate58%58%42%50%50%42% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
DXC Max Drawdown-75%-3%-27%-28%-34%-40% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See DXC Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

Unique KeyEventDXCS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-56.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven127.3%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-75.2%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven303.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven435 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-72.7%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven266.0%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-5.1%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven5.4%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven3,517 days1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

DXC Technology's stock fell -56.0% during the 2022 Inflation Shock from a high on 8/3/2021. A -56.0% loss requires a 127.3% gain to breakeven.

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About DXC Technology (DXC)

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers a portfolio of analytics services and extensive partner ecosystem that help its customers to gain rapid insights, automate operations, and accelerate their digital transformation journeys; and software engineering and solutions that enable businesses to run and manage their mission-critical functions, transform their operations, and develop new ways of doing business. It also uses various technologies and methods to accelerate the creation, modernization, delivery, and maintenance of secure applications allowing customers to innovate faster while reducing risk, time to market, and total cost of ownership. In addition, this segment offers business process services, which include integration and optimization of front and back office processes, and agile process automation. The GIS segment adapts legacy apps to cloud, migrate the right workloads, and securely manage their multi-cloud environments; and offers security solutions help predict attacks, proactively respond to threats, and ensure compliance, as well as to protect data, applications, and infrastructure. It also provides IT outsourcing services support infrastructure, applications, and workplace IT operations, including hardware, software, physical/virtual end-user devices, collaboration tools, and IT support services. In addition, this segment offers workplace and mobility services to fit its customer's employee, business, and IT needs from intelligent collaboration; and modern device management, digital support services, Internet of Things, and mobility services. The company has a strategic collaboration with Microsoft. DXC Technology Company was founded in 1959 and is headquartered in Tysons, Virginia.

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Kyndryl for comprehensive enterprise IT services.

IBM Global Services for managing and modernizing complex corporate IT.

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  • Cloud & Infrastructure Services: Provides comprehensive solutions for managing and modernizing IT infrastructure, including hybrid cloud, data centers, and digital workplace environments.
  • Application Services: Focuses on the development, modernization, integration, and ongoing management of business applications to enhance performance and agility.
  • Business Process Services (BPS): Offers outsourcing and optimization of key business functions such as finance, human resources, and industry-specific operations like insurance claims processing.
  • Security Services: Delivers a range of cybersecurity solutions including threat detection, identity management, and data protection to safeguard client assets.
  • Analytics & Engineering Services: Helps clients leverage data, artificial intelligence, and specialized engineering to create intelligent platforms and derive actionable insights.
  • Advisory & Consulting Services: Offers strategic guidance and expert advice to help organizations plan and execute their digital transformation and IT modernization initiatives.

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Company: DXC Technology (Symbol: DXC)

DXC Technology primarily sells its IT services and solutions to other companies and government agencies globally. It operates on a B2B (business-to-business) and B2G (business-to-government) model.

Due to client confidentiality and the highly diversified nature of its customer base (no single customer accounts for 10% or more of its revenue, as stated in their financial filings), DXC Technology does not publicly disclose the names of its specific major customers. However, their customer base primarily consists of large enterprises and public sector organizations across a wide range of industries. The major categories of companies and organizations they serve include:

  • Financial Services: This category includes major banks, insurance providers, and capital markets firms seeking digital transformation, risk management, and operational efficiency.
  • Public Sector: Federal, state, and local government entities, as well as defense organizations, utilize DXC's services for critical IT infrastructure modernization, cybersecurity, and secure cloud solutions.
  • Manufacturing & Automotive: Large global manufacturers and automotive companies rely on DXC for services related to Industry 4.0, supply chain optimization, enterprise application management, and digital engineering.
  • Healthcare & Life Sciences: Healthcare providers, pharmaceutical companies, and life sciences organizations engage DXC for solutions in data management, cybersecurity, cloud adoption, and digital health initiatives.
  • Retail & Consumer Goods: Major retail chains and consumer product companies leverage DXC for e-commerce platforms, supply chain management, customer experience solutions, and data analytics.
  • Energy, Utilities & Travel: Companies in the energy, utilities, and travel & transportation sectors utilize DXC's expertise for managing complex IT environments, ensuring operational resilience, and driving innovation in their respective industries.

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  • Microsoft (Symbol: MSFT)
  • Amazon (Symbol: AMZN)
  • Alphabet Inc. (for Google Cloud) (Symbol: GOOGL)
  • SAP SE (Symbol: SAP)
  • Oracle Corporation (Symbol: ORCL)
  • ServiceNow, Inc. (Symbol: NOW)
  • Salesforce, Inc. (Symbol: CRM)
  • Hewlett Packard Enterprise (Symbol: HPE)
  • Dell Technologies Inc. (Symbol: DELL)
  • Broadcom Inc. (for VMware) (Symbol: AVGO)

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Raul Fernandez President and Chief Executive Officer

Raul Fernandez was appointed President and CEO of DXC Technology in February 2024, having served as interim President and CEO since December 2023 and as a board member since 2020. He is an entrepreneur and investor with over three decades of executive experience scaling technology companies. Fernandez founded Proxicom, an internet development and e-business consulting company, which he took public and later sold to Dimension Data for $450 million. He also served as CEO of Dimension Data North America and as Chairman and CEO of ObjectVideo, a developer of intelligent video surveillance software, which was sold to Alarm.com in 2017. Fernandez is Vice Chairman and co-owner of Monumental Sports & Entertainment, a private partnership. He also serves as a director for Broadcom, Inc., and is a Special Advisor to Carrick Capital Partners and a member of the Strategic Advisory Board of Volition Capital.

Rob Del Bene Executive Vice President and Chief Financial Officer

Rob Del Bene was appointed Executive Vice President and Chief Financial Officer for DXC Technology in May 2023. He is a seasoned financial executive with over 40 years of experience, including more than a decade at IBM. At IBM, his roles included Vice President and Controller, General Manager of IBM Global Financing, and Vice-President and Treasurer. He also served as CFO of IBM Global Services Group for five years and most recently as General Manager at IBM Technology Lifecycle Services.

Jim Brady Executive Vice President and Chief Operating Officer

Jim Brady serves as Executive Vice President and Chief Operating Officer (COO) for DXC Technology. In this role, he has primary responsibility for the company's operations.

Chris Drumgoole General Manager, Cloud Infrastructure & ITO

Chris Drumgoole is the General Manager of Cloud Infrastructure & ITO for DXC Technology. He also holds the title of President, DXC Global Infrastructure Solutions.

Ray August General Manager, Insurance Software & Business Process Services

Ray August is the General Manager of Insurance Software and Business Process Services for DXC Technology. His focus is on this segment of the company's offerings. He also serves as President, Insurance Software & Business Process Solutions.

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DXC Technology (NYSE: DXC) faces several key risks to its business, primarily stemming from an uncertain economic environment, challenges in adapting its legacy business model, and significant financial pressures.

  1. Uncertain Macroeconomic Environment and Client Spending: DXC Technology is highly susceptible to the uncertain macroeconomic environment, which often leads to more cautious spending patterns among clients, particularly concerning large-scale IT projects. This economic uncertainty can cause clients to delay or scale back significant IT investments, directly impacting DXC's ability to secure new contracts and maintain current revenue levels. This factor has also contributed to the company's tempered financial guidance.
  2. Legacy Business Model and Difficulty Pivoting to High-Growth Digital and AI Services: The company's reliance on a legacy business model and its ongoing transformation efforts present internal friction, hindering its ability to retrain its workforce, develop new capabilities, and effectively compete in emerging, higher-growth areas of IT services such as cloud-native platforms and AI consulting. DXC is perceived as lagging behind more agile competitors who have embraced higher-margin, digital-first consulting work, leading to shrinking revenue and challenges in capitalizing on advancements like generative AI.
  3. Significant Debt Load and Financial Performance Pressures: DXC Technology has been grappling with declining revenue and compressing margins. The company carries a substantial debt load that necessitates significant annual interest payments. This burden is particularly problematic given its underperforming core business and shrinking cash flow, which raises concerns about the company's ability to refinance debt at potentially higher interest rates.

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Generative AI and advanced automation tools represent a clear emerging threat. DXC Technology's business model relies significantly on providing human-intensive IT services, including application development and maintenance, infrastructure management, business process outsourcing, and legacy system modernization. The rapid development and adoption of generative AI and sophisticated automation platforms enable clients to perform or significantly augment tasks that were historically delivered by human consultants or outsourcing providers. This trend threatens DXC by:

  • Reducing the overall demand for traditional, human-centric IT services as clients leverage AI for efficiency.
  • Exerting downward pressure on pricing for existing service contracts, as AI offers more cost-effective alternatives.
  • Potentially disintermediating DXC by allowing clients to perform more tasks internally with AI tools, or by shifting demand towards specialized AI-first providers.

This necessitates an accelerated transformation of DXC's service delivery model and a rapid re-skilling of its workforce to remain competitive in a landscape increasingly defined by AI-driven automation.

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DXC Technology (NYSE: DXC) operates within several large addressable markets for its diverse portfolio of IT services and solutions. Below are the estimated market sizes for their main products and services:

  • IT Services Market: The global IT services market size is estimated at approximately USD 1,518.1 billion in 2025. DXC Technology positions itself as an end-to-end IT services company, helping clients run mission-critical systems and operations.
  • Cloud Professional Services Market: The global cloud professional services market size is projected to reach USD 30.5 billion in 2025. This market addresses services related to cloud migration, management, and optimization across public, private, and hybrid cloud environments.
  • Application Management Services Market: The global application management services market size is projected to be approximately USD 50.47 billion in 2025. This includes managing and modernizing enterprise applications.
  • Big Data and Analytics Services Market: The global market size for big data and analytics services is projected to escalate to USD 168.11 billion in 2025. DXC offers analytics and data services, including AI-powered enterprise solutions.
  • Managed Digital Workplace Services Market: The global managed digital workplace services market size is estimated at USD 56.18 billion in 2025. These services encompass modern workplace solutions designed to enhance employee productivity and experience.
  • Cybersecurity Services Market: The global cybersecurity services market is projected to be USD 192.7 billion in 2025. DXC Technology specializes in data security services and cloud-native security.

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DXC Technology (DXC) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:

  1. Expansion of AI-driven Solutions and Frameworks: DXC is strategically investing in and launching AI-powered solutions, including its Xponential AI framework, with a stated goal for AI-native or AI-infused solutions to comprise 10% of its business within 36 months. This also includes enhancing its Global Infrastructure Services (GIS) offerings with AI-enabled solutions, which are already showing a build-up in project pipelines.
  2. Growth in the Insurance Segment: The company's Insurance segment has demonstrated encouraging performance, reporting a 3.6% year-over-year organic revenue increase and a 25% growth in bookings in Q2 FY26. This segment is anticipated to maintain mid-single-digit organic growth rates.
  3. Doubling of SAP and SaaS Revenue: As a component of its "core track" strategy, DXC aims to double its SAP and SaaS revenue within the next two to three years.
  4. Modernization of Financial Services and New Product Launches: DXC is focused on modernizing bank infrastructure through initiatives such as DXC CoreIgnite for financial services. Additionally, strategic partnerships, like the one with Splitit, are designed to introduce new offerings, such as enabling banks to provide "Buy Now, Pay Later" options directly to customers.

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Share Repurchases

  • Under a buyback plan announced in May 2023, DXC repurchased 27,027,268 shares for $533.07 million as of September 30, 2025.
  • The company executed $898 million in annual share buybacks during 2024.
  • In the fiscal first quarter ending June 30, 2025, DXC repurchased shares valued at $48 million.

Inbound Investments

  • DXC Technology received takeover interest from at least one private equity firm, reportedly Baring Private Equity Asia, in September 2022, but no formal offer was ultimately received.
  • French IT services company Atos SE pursued and then abandoned a potential acquisition of DXC in February 2021, with a proposed value of US$10 billion including debt.

Outbound Investments

  • DXC has made investments in companies such as Fenergo and 360Globalnet.
  • While DXC has made a total of 16 acquisitions, the most recent identified within the search results, Virtual Clarity, was in November 2019, which is outside the specified 3-5 year period.
  • The company has been engaged in business dispositions, which generated a gain of $7 million in fiscal 2025, and previously sold multiple business units from March 2020 through August 2022 to improve its balance sheet and cash flow.

Capital Expenditures

  • Capital expenditures for fiscal year 2025 totaled $711 million.
  • For the fourth quarter of fiscal year 2025, capital expenditures amounted to $204 million.
  • A primary focus of capital expenditures includes investments in agentic AI and data modernization to assist customers in unlocking value from legacy systems and driving intelligent transformation.

Better Bets than DXC Technology (DXC)

Trade Ideas

Select ideas related to DXC. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
14.4%14.4%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
13.1%13.1%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
17.3%17.3%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
12.0%12.0%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
5.5%5.5%0.0%

Recent Active Movers

More From Trefis

Peer Comparisons for DXC Technology

Peers to compare with:

Financials

DXCHPQHPEIBMCSCOAAPLMedian
NameDXC Tech.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price15.1023.2624.49305.0978.16273.4051.32
Mkt Cap2.721.932.6284.9309.24,074.4158.8
Rev LTM12,71455,29534,29665,40257,696408,62556,496
Op Inc LTM6733,6241,64411,54412,991130,2147,584
FCF LTM1,0512,80062711,85412,73396,1847,327
FCF 3Y Avg1,0042,9781,40011,75313,879100,5037,366
CFO LTM1,5603,6972,91913,48313,744108,5658,590
CFO 3Y Avg1,4653,6723,89613,49814,736111,5598,697

Growth & Margins

DXCHPQHPEIBMCSCOAAPLMedian
NameDXC Tech.HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM-4.1%3.2%13.8%4.5%8.9%6.0%5.2%
Rev Chg 3Y Avg-6.1%-3.9%6.5%2.6%3.7%1.8%2.2%
Rev Chg Q-2.5%4.2%14.4%9.1%7.5%9.6%8.3%
QoQ Delta Rev Chg LTM-0.6%1.1%3.7%2.1%1.8%2.1%2.0%
Op Mgn LTM5.3%6.6%4.8%17.7%22.5%31.9%12.1%
Op Mgn 3Y Avg-0.7%7.4%7.2%16.4%24.2%30.8%11.9%
QoQ Delta Op Mgn LTM-0.1%-0.2%-1.4%0.6%0.4%0.1%-0.0%
CFO/Rev LTM12.3%6.7%8.5%20.6%23.8%26.6%16.4%
CFO/Rev 3Y Avg11.0%6.8%12.7%21.4%26.1%28.4%17.1%
FCF/Rev LTM8.3%5.1%1.8%18.1%22.1%23.5%13.2%
FCF/Rev 3Y Avg7.5%5.5%4.6%18.6%24.6%25.6%13.1%

Valuation

DXCHPQHPEIBMCSCOAAPLMedian
NameDXC Tech.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap2.721.932.6284.9309.24,074.4158.8
P/S0.20.41.04.45.410.02.7
P/EBIT3.06.819.925.122.531.321.2
P/E7.28.6572.736.029.941.033.0
P/CFO1.75.911.221.122.537.516.2
Total Yield13.9%14.1%2.3%5.0%5.4%2.8%5.2%
Dividend Yield0.0%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg31.0%10.6%5.5%6.4%6.0%3.1%6.2%
D/E1.80.50.70.20.10.00.4
Net D/E1.00.30.60.20.00.00.3

Returns

DXCHPQHPEIBMCSCOAAPLMedian
NameDXC Tech.HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn14.4%-3.6%12.7%-1.1%1.6%-2.0%0.2%
3M Rtn7.8%-11.9%2.7%7.9%17.0%7.1%7.5%
6M Rtn0.5%-4.0%34.5%6.6%15.2%36.3%10.9%
12M Rtn-25.2%-27.0%16.2%40.5%34.5%7.5%11.8%
3Y Rtn-43.5%-3.7%67.3%141.3%79.6%114.1%73.5%
1M Excs Rtn13.2%-5.6%12.9%-2.2%-0.0%-3.7%-1.1%
3M Excs Rtn3.5%-16.2%-1.7%3.6%12.7%2.8%3.1%
6M Excs Rtn-11.8%-16.3%22.3%-5.7%3.0%24.0%-1.3%
12M Excs Rtn-43.9%-42.9%-0.7%25.0%19.9%-8.4%-4.6%
3Y Excs Rtn-123.6%-83.5%-11.2%59.6%-1.2%28.4%-6.2%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Global Infrastructure Services (GIS)6,8477,4708,6679,39310,466
Global Business Services (GBS)6,8206,9607,5988,3369,111
All Other 00  
Total13,66714,43016,26517,72919,577


Price Behavior

Price Behavior
Market Price$15.10 
Market Cap ($ Bil)2.7 
First Trading Date03/01/2007 
Distance from 52W High-33.2% 
   50 Days200 Days
DMA Price$13.76$14.61
DMA Trenddownindeterminate
Distance from DMA9.7%3.3%
 3M1YR
Volatility38.1%41.6%
Downside Capture42.12146.43
Upside Capture69.4994.70
Correlation (SPY)35.9%60.6%
DXC Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta1.221.291.421.681.271.29
Up Beta2.212.152.542.691.201.21
Down Beta-1.681.521.311.531.391.36
Up Capture151%70%67%90%77%102%
Bmk +ve Days12253873141426
Stock +ve Days10212959116382
Down Capture128%112%148%176%128%109%
Bmk -ve Days7162452107323
Stock -ve Days8182960125358

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of DXC With Other Asset Classes (Last 1Y)
 DXCSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-26.7%25.0%17.8%72.1%8.6%4.4%-8.2%
Annualized Volatility41.3%27.5%19.4%19.3%15.2%17.0%35.0%
Sharpe Ratio-0.650.790.722.700.340.09-0.08
Correlation With Other Assets 52.6%60.4%-2.1%17.5%48.5%24.7%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of DXC With Other Asset Classes (Last 5Y)
 DXCSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-8.4%18.8%14.7%18.7%11.5%4.6%30.8%
Annualized Volatility43.8%24.7%17.1%15.5%18.7%18.9%48.6%
Sharpe Ratio-0.050.690.700.970.500.160.57
Correlation With Other Assets 41.0%49.0%2.1%14.9%38.7%17.0%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of DXC With Other Asset Classes (Last 10Y)
 DXCSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-13.9%22.5%14.8%15.3%7.0%5.3%69.2%
Annualized Volatility51.0%24.2%18.0%14.7%17.6%20.8%55.8%
Sharpe Ratio-0.090.850.710.860.320.220.90
Correlation With Other Assets 47.7%56.3%1.1%23.3%47.4%16.9%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity10,545,933
Short Interest: % Change Since 11302025-1.5%
Average Daily Volume2,479,602
Days-to-Cover Short Interest4.25
Basic Shares Quantity177,430,000
Short % of Basic Shares5.9%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/30/20259.7%5.4%4.8%
7/31/2025-5.5%-2.6%6.2%
5/14/2025-3.3%-10.9%-5.9%
2/4/2025-2.2%-11.2%-20.6%
11/7/2024-4.1%-4.0%-1.3%
8/8/20247.1%7.1%12.5%
5/16/2024-16.9%-19.8%-9.7%
2/1/20240.1%1.8%-4.2%
...
SUMMARY STATS   
# Positive131413
# Negative121112
Median Positive7.1%6.7%9.7%
Median Negative-6.5%-10.9%-8.4%
Max Positive19.9%26.0%23.5%
Max Negative-29.4%-25.8%-54.8%

SEC Filings

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Report DateFiling DateFiling
93020251031202510-Q 9/30/2025
6302025801202510-Q 6/30/2025
3312025515202510-K 3/31/2025
12312024205202510-Q 12/31/2024
93020241108202410-Q 9/30/2024
6302024809202410-Q 6/30/2024
3312024517202410-K 3/31/2024
12312023202202410-Q 12/31/2023
93020231102202310-Q 9/30/2023
6302023803202310-Q 6/30/2023
3312023519202310-K 3/31/2023
12312022202202310-Q 12/31/2022
93020221104202210-Q 9/30/2022
6302022804202210-Q 6/30/2022
3312022526202210-K 3/31/2022
12312021203202210-Q 12/31/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Voci Christopher AnthonySVP, Controller and PAO9152025Sell14.522,49936,2731,322,404Form
1Gonzalez Anthony 8152025Sell13.785,80079,924562,224Form
2Voci Christopher AnthonySVP, Controller and PAO6112025Sell15.933004,7791,526,174Form