Tearsheet

DXC Technology (DXC)

Market Price (12/4/2025): $13.705 | Market Cap: $2.4 Bil
Sector: Information Technology | Industry: IT Consulting & Other Services

DXC Technology (DXC)

Market Price (12/4/2025): $13.705
Market Cap: $2.4 Bil
Sector: Information Technology
Industry: IT Consulting & Other Services

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 15%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 11%, FCF Yield is 43%	Weak multi-year price returns 2Y Excs Rtn is -92%, 3Y Excs Rtn is -125%	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 116%
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%
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 15%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 11%, FCF Yield is 43%
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 -92%, 3Y Excs Rtn is -125%
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 116%
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%

Valuation, Metrics & Events

	12/4/25	2024	2023	2022
Share Price CYE	$13.71	$19.98	$22.87	$26.50
Market Cap CYE ($ Bil)	2.4	3.6	4.4	6.1
Total Debt ($ Bil)	4.7	4.5	4.9	5.4
Total Cash ($ Bil)	1.9	1.8	1.2	1.9
Enterprise Value ($ Bil)	5.2	8.1	9.3	11.5
Valuation Ratios
P/S TTM	0.2	0.3	0.3	0.4
P/EBIT TTM	2.7	4.0	11.0	-8.9
P/E TTM	6.5	9.3	49.2	-10.7
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0	0.0

	12/4/25	2024
Share Price CYE	$13.71	$19.98
Market Cap CYE ($ Bil)	2.4	3.6
Total Debt ($ Bil)	4.7	4.5
Total Cash ($ Bil)	1.9	1.8
Enterprise Value ($ Bil)	5.2	8.1
Valuation Ratios
P/S TTM	0.2	0.3
P/EBIT TTM	2.7	4.0
P/E TTM	6.5	9.3
Sector Ratios
P/S TTM (Sector)	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0
P/E TTM (Sector)	0.0	0.0

	DXC	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	12.7
Rev Chg Q	-2.5%	7.1%
Rev Chg LTM	-4.1%	6.1%
Rev Chg 3Y Avg	-6.1%	5.5%
PROFITABILITY	POOR
Op Inc LTM ($ Bil)	0.7
CFO LTM ($ Bil)	1.6
Net Inc LTM ($ Bil)	0.4
Op Mgn LTM	5.3%	18.8%
CFO/Rev LTM	12.3%	20.5%
Net Inc Mgn	2.9%	13.1%
VALUATION	VERY LOW
P/S	0.2	3.2
P/CFO	1.6	15.8
P/FCF	2.3	20.5
P/E	6.5	23.5
STABILITY	FAIR
Debt/Equity	1.94	0.20
Cash/Assets	0.14	0.07

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Metric	Value	Date	Source
Book-to-Bill ratio	0.85x	9302025	Link
Bookings	$2.7 billion	9302025	Link
Trailing Twelve Month Book-to-Bill ratio	1.08x	9302025	Link
Number of Employees	Over 120,000	3312025	Link
Number of government customers	More than 280	1132025	Link
Number of countries with government customers	25	1132025	Link
Number of healthcare and life sciences customers	1,600+	5142025	Link
Number of banking customers	More than 450	5142025	Link
Number of top insurers as customers	21	5142025	Link
Number of insurance clients	Over 1,000	5142025	Link
Number of largest automakers as customers	8	5142025	Link

Upcoming
2/03/2026	Earnings Release	Rev: - EPS: -

DXC Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

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During the approximate period from August 31, 2025, to December 4, 2025, DXC Technology (DXC) experienced a stock movement of approximately -5.2%. This decline can be attributed to several key factors: 1. Missed Revenue Expectations and Ongoing Organic Revenue Decline. DXC Technology reported its second-quarter fiscal year 2026 results on October 30, 2025, with revenue of $3.16 billion, which slightly missed analyst expectations of $3.17 billion. Additionally, total revenue was down 2.5% year-over-year, or 4.2% on an organic basis, continuing a trend of revenue declines observed over several years.

2. Analyst Downgrades and Price Target Reductions. Throughout the period, several analysts maintained cautious ratings and lowered their price targets for DXC stock. For instance, on August 20, 2025, both RBC Capital and JPMorgan Chase & Co. reduced their price objectives from $18.00 to $14.00, with JPMorgan setting an "underweight" rating. Stifel Nicolaus also cut its price target from $15.00 to $14.00 on October 31, 2025. The consensus analyst rating for DXC was a "Hold" with an average price target of approximately $15.00 as of late October and early December 2025.

3. Persistent Weakness in Global Infrastructure Services (GIS) Segment. Despite some positive operational developments, analysts and market observers highlighted the continued weakness in DXC's Global Infrastructure Services (GIS) segment and overall organic revenue declines as a significant near-term risk. This ongoing challenge in a key business area contributed to investor apprehension.

4. Senior Notes Offering for Debt Management. On December 2, 2025, DXC Technology announced the pricing of a €650 million offering of 4.250% Senior Notes due 2030. While intended to repay existing debt, including its 1.750% Senior Notes due 2026, and for general corporate purposes, new debt offerings, even for refinancing, can sometimes lead to market scrutiny regarding a company's financial leverage and future obligations.

5. Uncertainty Regarding Revenue Stabilization and Growth. Despite the company's efforts in digital transformation and new client wins, such as migrating insurance policies for Brethren Mutual and ivari in November and December 2025, investors remained concerned about DXC's ability to translate new bookings and modernization demands into stabilized or growing organic revenue. This lack of a clear path to sustained revenue growth tempered positive sentiment.

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Stock Movement Drivers

Fundamental Drivers

The -5.5% change in DXC stock from 9/3/2025 to 12/3/2025 was primarily driven by a -5.9% change in the company's P/E Multiple.

	9032025	12032025	Change
Stock Price ($)	14.50	13.70	-5.52%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	12794.00	12714.00	-0.63%
Net Income Margin (%)	2.96%	2.93%	-0.96%
P/E Multiple	6.93	6.52	-5.94%
Shares Outstanding (Mil)	181.10	177.43	2.03%
Cumulative Contribution			-5.56%

LTM = Last Twelve Months as of date shown

Market Drivers

9/3/2025 to 12/3/2025

	Return	Correlation
DXC	-5.5%
Market (SPY)	6.2%	39.7%
Sector (XLK)	11.0%	25.1%

Fundamental Drivers

The -11.3% change in DXC stock from 6/4/2025 to 12/3/2025 was primarily driven by a -9.4% change in the company's P/E Multiple.

	6042025	12032025	Change
Stock Price ($)	15.45	13.70	-11.33%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	12871.00	12714.00	-1.22%
Net Income Margin (%)	3.02%	2.93%	-2.93%
P/E Multiple	7.19	6.52	-9.40%
Shares Outstanding (Mil)	181.10	177.43	2.03%
Cumulative Contribution			-11.36%

LTM = Last Twelve Months as of date shown

Market Drivers

6/4/2025 to 12/3/2025

	Return	Correlation
DXC	-11.3%
Market (SPY)	15.1%	47.3%
Sector (XLK)	22.7%	31.8%

Fundamental Drivers

The -38.2% change in DXC stock from 12/3/2024 to 12/3/2025 was primarily driven by a -96.1% change in the company's P/E Multiple.

	12032024	12032025	Change
Stock Price ($)	22.16	13.70	-38.18%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	13262.00	12714.00	-4.13%
Net Income Margin (%)	0.18%	2.93%	1521.15%
P/E Multiple	167.06	6.52	-96.10%
Shares Outstanding (Mil)	180.93	177.43	1.93%
Cumulative Contribution			-38.20%

LTM = Last Twelve Months as of date shown

Market Drivers

12/3/2024 to 12/3/2025

	Return	Correlation
DXC	-38.2%
Market (SPY)	14.3%	60.3%
Sector (XLK)	23.1%	53.0%

Fundamental Drivers

The -52.5% change in DXC stock from 12/4/2022 to 12/3/2025 was primarily driven by a -40.4% change in the company's Net Income Margin (%).

	12042022	12032025	Change
Stock Price ($)	28.86	13.70	-52.53%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	15370.00	12714.00	-17.28%
Net Income Margin (%)	4.93%	2.93%	-40.43%
P/E Multiple	8.77	6.52	-25.67%
Shares Outstanding (Mil)	229.96	177.43	22.84%
Cumulative Contribution			-55.01%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2023 to 12/3/2025

	Return	Correlation
DXC	-42.6%
Market (SPY)	53.2%	49.8%
Sector (XLK)	60.2%	41.5%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
DXC Return	-30%	25%	-18%	-14%	-13%	-32%	-63%
Peers Return	74%	18%	-36%	34%	15%	9%	121%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
DXC Win Rate	58%	58%	42%	50%	50%	40%
Peers Win Rate	62%	58%	27%	56%	46%	48%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
DXC Max Drawdown	-75%	-3%	-27%	-28%	-34%	-40%
Peers Max Drawdown	-38%	-11%	-45%	-7%	-21%	-22%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: ORCL, CTSH, UPWK, EVTC, BAO. 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 12/3/2025 (YTD)

How Low Can It Go

Unique Key	Event	DXC	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-56.0%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	127.3%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-75.2%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	303.8%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	435 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-72.7%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	266.0%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	Not Fully Recovered days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-5.1%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	5.4%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	3517 days	1480 days

Compare to ORCL, CTSH, UPWK, EVTC, BAO

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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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:

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.
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.
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.
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)

	DXC	Better Performance than DXC
Metric	Value	INDUSTRY: IT Consulting & Other Services
Rev Chg LTM	-4.1%	GIB (8.4%), CTSH (7.4%), ACN (7.4%), FISV (5.2%), IBM (4.5%)
Rev Chg 3Y Avg	-6.1%	GIB (7.4%), FISV (6.8%), ACN (4.2%), IBM (2.6%), CTSH (2.6%)
Op Mgn LTM	5.3%	FISV (28.7%), IBM (17.7%), GIB (16.4%), CTSH (15.7%), ACN (14.7%)
CFO/Rev LTM	12.3%	FISV (30.0%), IBM (20.6%), ACN (16.5%), CTSH (14.1%), GIB (14.0%)
FCF/Rev LTM	8.3%	FISV (21.8%), IBM (18.1%), ACN (15.6%), CTSH (12.7%), GIB (12.3%)
Total Yield	15.4%
P/S	0.2	TTEC (0.1), INGM (0.1), XRX (0.1), CNDT (0.1), UIS (0.1)
P/Op Inc	3.6	TTEC (1.9)

	DXC	Better Performance than DXC
Metric	Value	SECTOR: Information Technology
Rev Chg LTM	-4.1%	NVDA (71.6%), AVGO (28.0%), MSFT (15.6%), ORCL (9.7%), AAPL (6.0%)
Rev Chg 3Y Avg	-6.1%	NVDA (92.0%), AVGO (24.0%), MSFT (13.2%), ORCL (10.2%), AAPL (1.8%)
Op Mgn LTM	5.3%	NVDA (58.1%), MSFT (46.3%), AVGO (39.0%), AAPL (31.9%), ORCL (31.6%)
CFO/Rev LTM	12.3%	MSFT (50.0%), NVDA (46.6%), AVGO (42.4%), ORCL (36.5%), AAPL (26.6%)
FCF/Rev LTM	8.3%	PLTR (46.0%), NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%)
Total Yield	15.4%	PAGS (76.4%), COMM (27.2%), IIIV (19.8%), IMXI (17.1%), DJCO (16.6%)
P/S	0.2	INGM (0.1), XRX (0.1), CSIQ (0.1), CNDT (0.1), PAGS (0.1)
P/Op Inc	3.6	PAGS (0.4), STNE (0.7), TTEC (1.9), IMMR (2.0), IMXI (3.3)

	DXC	Better Performance than DXC
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	-4.1%	LLY (36.8%), META (21.3%), GOOGL (13.4%), AMZN (10.9%), TSLA (-1.6%)
Rev Chg 3Y Avg	-6.1%	BRK-B (19.8%), META (17.3%), AMZN (11.3%), GOOGL (11.0%), TSLA (9.3%)
Op Mgn LTM	5.3%	META (43.2%), LLY (43.0%), GOOGL (32.2%), XOM (11.4%), AMZN (11.4%)
CFO/Rev LTM	12.3%	META (56.8%), GOOGL (39.3%), LLY (20.5%), AMZN (18.1%), TSLA (16.5%)
FCF/Rev LTM	8.3%	MA (52.5%), META (23.7%), JNJ (20.3%), GOOGL (19.1%), XOM (8.8%)
Total Yield	15.4%	CMCSA (23.8%), CNQ (17.1%), MFC (17.0%), VZ (16.8%), TD (16.6%)
P/S	0.2	CNC (0.1), ACI (0.1), AAL (0.1), CAH (0.2), COR (0.2)
P/Op Inc	3.6	BIPC (2.2), CHTR (2.8), APA (2.9), JEF (3.0), AAL (3.3)

		Best Bets In Information Technology Sector
	DXC
What You Pay
P/E	6.5
P/EBIT	2.7
What You Get
Rev Chg Q	-2.5%
Rev Chg LTM	-4.1%
Rev Chg 3Y Avg	-6.1%
FCF/Rev 3Y Avg	7.5%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 24%, alpha of 2.9%, and sharpe of 1.04

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Can DXC Technology Stock Hold Up When Markets Turn?	Return
2	DXC Technology vs General Motors: Which Is A Better Investment?	Counter-Intuitive Comparisons
3	DXC Technology vs CommScope: Which Is A Better Investment?	Counter-Intuitive Comparisons
4	How Does DXC Technology Stock Stack Up Against Its Peers?	Peer Comparison
5	DXC Dip Buy Analysis
6	DXC Technology (DXC) Operating Cash Flow Comparison	Financials
7	DXC Technology (DXC) Net Income Comparison	Financials
8	DXC Technology (DXC) Operating Income Comparison	Financials
9	DXC Technology (DXC) Revenue Comparison	Financials
10	DXC Technology vs. S&P500 Correlation	Correlation
11	ARTICLES
12	DXC Technology’s Stock Down By 12%, What Is The Likelihood Of Rise Next Month?		June 21st, 2021
13	DXC Technology Stock Remained Flat Last Week, Are Gains Upcoming?		February 10th, 2021
14	DXC Technology Has An Upside Of More Than 20%		November 6th, 2020
15	DXC: This IT Services Company’s Stock Is Climbing, But Don’t Get Your Hopes Up		October 2nd, 2020
16	Why Has DXC Technology Tanked 50% This Year?		October 22nd, 2019

	Title
0	DASHBOARDS
1	Can DXC Technology Stock Hold Up When Markets Turn?
2	DXC Technology vs General Motors: Which Is A Better Investment?
3	DXC Technology vs CommScope: Which Is A Better Investment?
4	How Does DXC Technology Stock Stack Up Against Its Peers?
5	DXC Dip Buy Analysis
6	DXC Technology (DXC) Operating Cash Flow Comparison
7	DXC Technology (DXC) Net Income Comparison
8	DXC Technology (DXC) Operating Income Comparison
9	DXC Technology (DXC) Revenue Comparison
10	DXC Technology vs. S&P500 Correlation
11	ARTICLES
12	DXC Technology’s Stock Down By 12%, What Is The Likelihood Of Rise Next Month?
13	DXC Technology Stock Remained Flat Last Week, Are Gains Upcoming?
14	DXC Technology Has An Upside Of More Than 20%
15	DXC: This IT Services Company’s Stock Is Climbing, But Don’t Get Your Hopes Up
16	Why Has DXC Technology Tanked 50% This Year?

Trade Ideas

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

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11302025	ENPH	Enphase Energy	Dip Buy	DB \| 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	0.9%	0.9%	-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11262025	PD	PagerDuty	Dip Buy	DB \| 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	0.8%	0.8%	0.0%
CRM_11212025_Dip_Buyer_FCFYield	11212025	CRM	Salesforce	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.3%	3.3%	-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11212025	HUBS	HubSpot	Dip Buy	DB \| 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	5.1%	5.1%	0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FIVN	Five9	Dip Buy	DB \| 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	4.0%	4.0%	0.0%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11302025	ENPH	Enphase Energy	Dip Buy	DB \| 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	0.9%	0.9%	-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11262025	PD	PagerDuty	Dip Buy	DB \| 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	0.8%	0.8%	0.0%
CRM_11212025_Dip_Buyer_FCFYield	11212025	CRM	Salesforce	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.3%	3.3%	-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11212025	HUBS	HubSpot	Dip Buy	DB \| 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	5.1%	5.1%	0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FIVN	Five9	Dip Buy	DB \| 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	4.0%	4.0%	0.0%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.3	223.6%	367.4%
COGT	Cogent Biosciences	5.4	152.6%	402.1%
CDTX	Cidara Therapeutics	5.9	115.1%	722.1%
IRWD	Ironwood Pharmaceuticals	0.6	100.5%	-15.8%
TERN	Terns Pharmaceuticals	2.5	95.9%	396.2%
FRGE	Forge Global	0.6	90.3%	217.8%
SGML	Sigma Lithium	1.1	87.3%	-10.6%
INSP	Inspire Medical Systems	4.0	82.8%	-27.3%
NPCE	NeuroPace	0.6	77.2%	48.9%
ALMS	Alumis	0.6	71.9%	-0.3%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UP	Wheels Up Experience	0.4	-52.7%	-62.4%
CCOI	Cogent Communications	0.9	-51.9%	-72.9%
SMR	NuScale Power	3.0	-50.7%	12.3%
FRMI	Fermi	10.3	-47.5%
AMSC	American Superconductor	1.4	-47.2%	30.1%
TLRY	Tilray Brands	7.5	-46.1%	-46.9%
BTDR	Bitdeer Technologies	2.4	-44.8%	-41.8%
EXOD	Exodus Movement	0.4	-43.1%	-53.3%
STUB	Stubhub	3.5	-39.8%
METC	Ramaco Resources	1.0	-39.4%	66.9%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

Peer Comparisons for DXC Technology

Peers to compare with:

Financials

	DXC	ORCL	CTSH	UPWK	EVTC	BAO	Median
Name	DXC Tech.	Oracle	Cognizan.	Upwork	Evertec	BAO
Mkt Price	13.70	207.73	79.24	19.73	30.05	-	30.05
Mkt Cap	2.4	587.0	38.5	2.6	1.9	-	2.6
Rev LTM	12,714	59,018	20,857	781	903	-	12,714
Op Inc LTM	673	18,667	3,274	115	191	-	673
FCF LTM	1,051	-5,880	2,651	201	146	-	201
FCF 3Y Avg	1,004	4,949	2,089	117	140	-	1,004
CFO LTM	1,560	21,534	2,945	223	232	-	1,560
CFO 3Y Avg	1,465	19,468	2,394	135	230	-	1,465

Growth & Margins

	DXC	ORCL	CTSH	UPWK	EVTC	BAO	Median
Name	DXC Tech.	Oracle	Cognizan.	Upwork	Evertec	BAO
Rev Chg LTM	-4.1%	9.7%	7.4%	2.5%	9.7%	-	7.4%
Rev Chg 3Y Avg	-6.1%	10.2%	2.6%	9.7%	14.1%	-	9.7%
Rev Chg Q	-2.5%	12.2%	7.4%	4.1%	7.9%	-	7.4%
QoQ Delta Rev Chg LTM	-0.6%	2.8%	1.8%	1.0%	1.9%	-	1.8%
Op Mgn LTM	5.3%	31.6%	15.7%	14.7%	21.2%	-	15.7%
Op Mgn 3Y Avg	-0.7%	30.3%	15.2%	5.5%	20.5%	-	15.2%
QoQ Delta Op Mgn LTM	-0.1%	0.2%	0.2%	1.0%	-0.8%	-	0.2%
CFO/Rev LTM	12.3%	36.5%	14.1%	28.6%	25.7%	-	25.7%
CFO/Rev 3Y Avg	11.0%	35.6%	12.0%	17.7%	29.2%	-	17.7%
FCF/Rev LTM	8.3%	-10.0%	12.7%	25.7%	16.1%	-	12.7%
FCF/Rev 3Y Avg	7.5%	9.8%	10.4%	15.4%	17.9%	-	10.4%

Valuation

	DXC	ORCL	CTSH	UPWK	EVTC	BAO	Median
Name	DXC Tech.	Oracle	Cognizan.	Upwork	Evertec	BAO
Mkt Cap	2.4	587.0	38.5	2.6	1.9	-	2.6
P/S	0.2	10.5	1.6	3.1	2.4	-	2.4
P/EBIT	2.7	34.2	9.6	21.4	9.6	-	9.6
P/E	6.5	49.7	15.3	9.9	14.8	-	14.8
P/CFO	1.6	28.7	11.1	11.0	9.3	-	11.0
Total Yield	15.4%	2.8%	7.0%	10.1%	7.3%	-	7.3%
Dividend Yield	0.0%	0.8%	0.5%	0.0%	0.6%	-	0.5%
FCF Yield 3Y Avg	31.0%	1.6%	6.1%	6.3%	6.3%	-	6.3%
D/E	1.9	0.2	0.0	0.2	0.5	-	0.2
Net D/E	1.2	0.2	-0.0	-0.1	0.3	-	0.2

Returns

	DXC	ORCL	CTSH	UPWK	EVTC	BAO	Median
Name	DXC Tech.	Oracle	Cognizan.	Upwork	Evertec	BAO
1M Rtn	3.2%	-19.4%	9.4%	26.2%	6.1%	-	6.1%
3M Rtn	-5.5%	-6.9%	10.8%	19.9%	-12.4%	-	-5.5%
6M Rtn	-11.3%	24.1%	0.3%	29.4%	-16.4%	-	0.3%
12M Rtn	-38.2%	14.7%	0.7%	13.5%	-14.8%	-	0.7%
3Y Rtn	-52.5%	158.7%	33.4%	59.4%	-7.9%	-	33.4%
1M Excs Rtn	3.3%	-19.4%	9.5%	26.3%	6.1%	-	6.1%
3M Excs Rtn	-10.9%	-12.0%	6.0%	12.2%	-18.3%	-	-10.9%
6M Excs Rtn	-26.0%	9.3%	-14.5%	14.7%	-31.1%	-	-14.5%
12M Excs Rtn	-52.7%	-0.0%	-13.5%	2.7%	-29.6%	-	-13.5%
3Y Excs Rtn	-125.5%	92.1%	-34.3%	-1.1%	-78.4%	-	-34.3%

Comparison Analyses

	Title
0	How Does DXC Technology Stock Stack Up Against Its Peers?
1	DXC Technology vs. Cognizant Technology Solutions: With Return Forecast Of 15%, DXC Technology Is A Better Bet
2	DXC Technology Company vs. Oracle: With Return Forecast Of 64%, DXC Technology Company Is A Better Bet
3	With 19% Gains On The Table, MMS May Outshine DXC
4	DXC Technology Company vs. CACI: With Return Forecast Of 300%, DXC Technology Company Is A Better Bet
5	DXC Technology Company vs. NextEra Energy: With Return Forecast Of 240%, DXC Technology Company Is A Better Bet
6	DXC Technology Company vs. Sherwin-Williams: With Return Forecast Of 240%, DXC Technology Company Is A Better Bet
7	DXC Technology Company vs. Fiserv: With Return Forecast Of 240%, DXC Technology Company Is A Better Bet
8	DXC Technology Company vs Adobe: Similar Revenue; Which Stock Is A Better Bet?
9	DXC Technology Company vs Alliance Data Systems: Industry Peers; Which Stock Is A Better Bet?

Financials

Annual
Quarterly

$ Mil \| FY: 3/31	LTM	2025	2024	2023	2022	2021	2020
Period End	9/30/2025	3/31/2025	3/31/2024	3/31/2023	3/31/2022	3/31/2021	3/31/2020
Filing Date	10/31/2025	5/15/2025	5/17/2024	5/19/2023	5/26/2022	5/28/2021	6/1/2020
Key Financials
Total Revenue	12,714	12,871	13,667	14,430	16,265	17,729	19,577
EBITDA	2,154	2,208	1,840	866	3,087	3,003	-2,885
Operating Income	673	698	-2	-1,141	1,141	-393	684
Net Income	373	389	91	-568	718	-149	-5,369
EPS	2.06	2.15	0.46	-2.48	2.87	-0.59	-20.76
Growth Rates
Total Revenue Growth	-4.1%	-5.8%	-5.3%	-11.3%	-8.3%	-9.4%	-5.7%
EBITDA Growth	23.7%	20.0%	112.5%	-71.9%	2.8%	204.1%	-174.5%
Operating Income Growth	1465.1%	35000.0%	99.8%	-200.0%	390.3%	-157.5%	-63.6%
Net Income Growth	1454.2%	327.5%	116.0%	-179.1%	581.9%	97.2%	-527.1%
Margins
EBITDA Margin	16.9%	17.2%	13.5%	6.0%	19.0%	16.9%	-14.7%
Operating Income Margin	5.3%	5.4%	-0.0%	-7.9%	7.0%	-2.2%	3.5%
Net Income Margin	2.9%	3.0%	0.7%	-3.9%	4.4%	-0.8%	-27.4%
Cash & Debt
Total Cash	1,888	1,796	1,224	1,858	2,672	2,968	3,679
Total Debt	4,694	4,547	4,868	5,365	6,168	6,968	11,493
Net Debt / (Cash)	2,806	2,751	3,644	3,507	3,496	4,000	7,814
Cash Flows
Net Cash from Operations	1,560	1,398	1,361	1,415	1,501	124	2,350
Free Cash from Operations	1,051	822	954	960	952	-391	1,765
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	53	214
Share Repurchases	136	14	898	669	628	-0	736

$ Mil \| FY: 3/31	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3
Period End	9/30/2025	6/30/2025	3/31/2025	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
Filing Date	10/31/2025	8/1/2025	5/15/2025	2/5/2025	11/8/2024	8/9/2024	5/17/2024	2/2/2024	11/2/2023	8/3/2023	5/19/2023	2/2/2023
Key Financials Quarterly
Total Revenue	3,161	3,159	3,169	3,225	3,241	3,236	3,386	3,399	3,436	3,446	3,591	3,566
Ebitda	486	430	714	524	497	473	124	647	574	495	-718	541
Operating Income	117	73	329	154	132	83	-291	119	114	56	-1,344	77
Net Income	36	16	264	57	42	26	-200	156	99	36	-756	59
EPS	0.20	0.09	1.46	0.31	0.23	0.14	-1.10	0.82	0.49	0.17	-3.38	0.26
Key Financials TTM
Total Revenue TTM	12,714	12,794	12,871	13,088	13,262	13,457	13,667	13,872	14,039	14,169	14,430	14,847
Ebitda TTM	2,154	2,165	2,208	1,618	1,741	1,818	1,840	998	892	804	866	2,859
Operating Income TTM	673	688	698	78	43	25	-2	-1,055	-1,097	-1,124	-1,141	996
Net Income TTM	373	379	389	-75	24	81	91	-465	-562	-634	-568	718
Growth Rates Quarterly
Total Revenue Growth	-2.5%	-2.4%	-6.4%	-5.1%	-5.7%	-6.1%	-5.7%	-4.7%	-3.6%	-7.0%	-10.4%	-12.8%
EBITDA Growth	-2.2%	-9.1%	475.8%	-19.0%	-13.4%	-4.4%	117.3%	19.6%	18.1%	-11.1%	-156.3%	-14.7%
Operating Income Growth	-11.4%	-12.0%	213.1%	29.4%	15.8%	48.2%	78.3%	54.5%	31.0%	43.6%	-269.5%	-47.3%
Net Income Growth	-14.3%	-38.5%	232.0%	-63.5%	-57.6%	-27.8%	73.5%	164.4%	266.7%	-64.7%	-242.6%	-39.8%
Margins Quarterly
EBITDA Margin	15.4%	13.6%	22.5%	16.2%	15.3%	14.6%	3.7%	19.0%	16.7%	14.4%	-20.0%	15.2%
Operating Income Margin	3.7%	2.3%	10.4%	4.8%	4.1%	2.6%	-8.6%	3.5%	3.3%	1.6%	-37.4%	2.2%
Net Income Margin	1.1%	0.5%	8.3%	1.8%	1.3%	0.8%	-5.9%	4.6%	2.9%	1.0%	-21.1%	1.7%
Cash & Debt
Total Cash	1,888	1,792	1,796	1,723	1,245	1,317	1,224	1,691	1,412	1,576	1,858	2,091
Total Debt	4,694	4,799	4,547	4,501	4,721	4,842	4,868	5,378	5,329	5,486	5,365	5,734
Net Debt / (Cash)	2,806	3,007	2,751	2,778	3,476	3,525	3,644	3,687	3,917	3,910	3,507	3,643
Cash Flows Quarterly
FCF from Operations	409	186	315	650	195	238	280	706	248	127	415	625
Cash Flows TTM
FCF from Operations TTM	1,560	1,346	1,398	1,363	1,419	1,472	1,361	1,496	1,415	1,379	1,415	1,271
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	76	48	-0	12	-0	2	143	250	220	285	344	53
Return on Invested Capital (ROIC) Quarterly
ROIC	1.6%	0.8%	11.1%	3.2%	2.6%	1.2%	-7.3%	3.0%	3.2%	1.1%	-30.5%	1.5%
Return on Invested Capital (ROIC) TTM
ROIC TTM	4.4%	4.6%	4.8%	0.8%	0.1%	0.2%	-0.0%	-6.5%	-6.5%	-6.6%	-6.4%	5.5%

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
Global Infrastructure Services (GIS)	6,847	7,470	8,667	9,393	10,466
Global Business Services (GBS)	6,820	6,960	7,598	8,336	9,111
All Other		0	0
Total	13,667	14,430	16,265	17,729	19,577

Price Behavior

Price Behavior

Market Price	$13.70
Market Cap ($ Bil)	2.4
First Trading Date	03/01/2007
Distance from 52W High	-39.4%
	50 Days	200 Days
DMA Price	$13.28	$14.91
DMA Trend	down	down
Distance from DMA	3.2%	-8.1%
	3M	1YR
Volatility	42.6%	41.5%
Downside Capture	139.68	153.75
Upside Capture	74.16	86.06
Correlation (SPY)	39.6%	60.0%

DXC Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.22	1.29	1.42	1.68	1.27	1.29
Up Beta	2.21	2.15	2.54	2.69	1.20	1.21
Down Beta	-1.68	1.52	1.31	1.53	1.39	1.36
Up Capture	151%	70%	67%	90%	77%	102%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	10	21	29	59	116	382
Down Capture	128%	112%	148%	176%	128%	109%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	8	18	29	60	125	358

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of DXC With Other Asset Classes (Last 1Y)
	DXC	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-38.8%	25.9%	15.3%	58.9%	4.6%	-5.8%	-3.1%
Annualized Volatility	41.3%	27.6%	19.7%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	-1.08	0.81	0.60	2.26	0.09	-0.48	0.04
Correlation With Other Assets		52.9%	60.3%	-1.7%	14.9%	46.2%	24.5%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of DXC With Other Asset Classes (Last 5Y)
	DXC	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-10.4%	19.9%	15.0%	17.9%	11.9%	4.9%	37.1%
Annualized Volatility	44.0%	24.6%	17.1%	15.5%	18.9%	19.0%	49.1%
Sharpe Ratio	-0.10	0.73	0.71	0.93	0.52	0.17	0.64
Correlation With Other Assets		40.7%	49.0%	2.3%	14.8%	39.0%	16.4%

Based On 10-Year Data

		Comparison of DXC With Other Asset Classes (Last 10Y)
	DXC	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-15.0%	22.2%	14.5%	14.2%	5.6%	5.4%	76.3%
Annualized Volatility	51.1%	24.2%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	-0.11	0.84	0.69	0.79	0.25	0.23	0.95
Correlation With Other Assets		47.9%	56.4%	1.2%	23.1%	47.5%	16.9%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	11,025,402
Short Interest: % Change Since 10312025	-2.9%
Average Daily Volume	2,178,423
Days-to-Cover Short Interest	5.06
Basic Shares Quantity	177,430,000
Short % of Basic Shares	6.2%

Returns Analyses

	Title
0	Can DXC Technology Stock Hold Up When Markets Turn?
1	DXC YTD Stock Return Of -7.4% Outperforms ADS by 93% and Underperforms CACI by -11%
2	DXC Technology Stock Return Comparison
3	DXC Technology Total Shareholder Return (TSR): -21.7% in 2023 and 25.4% 3-yr returns (above peer average)

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	10312025	10-Q 9/30/2025
6302025	8012025	10-Q 6/30/2025
3312025	5152025	10-K 3/31/2025
12312024	2052025	10-Q 12/31/2024
9302024	11082024	10-Q 9/30/2024
6302024	8092024	10-Q 6/30/2024
3312024	5172024	10-K 3/31/2024
12312023	2022024	10-Q 12/31/2023
9302023	11022023	10-Q 9/30/2023
6302023	8032023	10-Q 6/30/2023
3312023	5192023	10-K 3/31/2023
12312022	2022023	10-Q 12/31/2022
9302022	11042022	10-Q 9/30/2022
6302022	8042022	10-Q 6/30/2022
3312022	5262022	10-K 3/31/2022
12312021	2032022	10-Q 12/31/2021

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Voci Christopher Anthony	SVP, Controller and PAO	9152025	Sell	14.52	2,499	36,273	1,322,404	Form
1	Gonzalez Anthony		8152025	Sell	13.78	5,800	79,924	562,224	Form
2	Voci Christopher Anthony	SVP, Controller and PAO	6112025	Sell	15.93	300	4,779	1,526,174	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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DXC Technology (DXC)

Market Price (12/4/2025): $13.705 | Market Cap: $2.4 BilSector: Information Technology | Industry: IT Consulting & Other Services

DXC Technology (DXC)

Market Price (12/4/2025): $13.705Market Cap: $2.4 BilSector: Information TechnologyIndustry: IT Consulting & Other Services

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Market Price (12/4/2025): $13.705 | Market Cap: $2.4 Bil
Sector: Information Technology | Industry: IT Consulting & Other Services

Market Price (12/4/2025): $13.705
Market Cap: $2.4 Bil
Sector: Information Technology
Industry: IT Consulting & Other Services