Conduent (CNDT) stock price, revenue, and financials
Conduent market cap is $579.1 m, and annual revenue was $4.47 b in FY 2019
$2.39
$579.1 M
CNDT Mkt cap, 27-May-2020$1.1 B
Conduent Revenue Q1, 2020Conduent Gross profit (Q1, 2020)219 M
Conduent Gross profit margin (Q1, 2020), %20.8%
Conduent Net income (Q1, 2020)-49 M
Conduent EBIT (Q1, 2020)-49 M
Conduent Cash, 31-Mar-2020395 M
Conduent EV468.1 M
Conduent Revenue
Conduent revenue was $4.47 b in FY, 2019 which is a 17.2% year over year decrease from the previous period.
Conduent Revenue Breakdown
Conduent revenue breakdown by business segment: 17.6% from Transportation, 28.5% from Government Services and 53.8% from Commercial Industries
Conduent Income Statement
Annual
| USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|
Revenue | 6.4b | 6.0b | 5.4b | 4.5b |
Revenue growth, % | (4%) | (6%) | (10%) | (17%) |
Cost of goods sold | 5.5b | 4.9b | 4.2b | 3.5b |
Gross profit | 946.0m | 1.1b | 1.2b | 973.0m |
Gross profit Margin, % | 15% | 18% | 22% | 22% |
R&D expense | 31.0m | 13.0m | 11.0m | 8.0m |
General and administrative expense | 686.0m | 615.0m | 560.0m | 479.0m |
Operating expense total | 2.2b | 924.0m | 1.5b | 3.0b |
Depreciation and amortization | 280.0m | 243.0m | 460.0m | 459.0m |
Interest expense | 14.0m | 137.0m | 112.0m | 78.0m |
Pre tax profit | (1.2b) | (16.0m) | (395.0m) | (2.1b) |
Income tax expense | (244.0m) | (193.0m) | 21.0m | (172.0m) |
Net Income | (983.0m) | 181.0m | (416.0m) | (1.9b) |
EPS | (4.8) | 0.8 | (2.1) | 9.3 |
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.6b | 1.5b | 1.5b | 1.4b | 1.4b | 1.3b | 1.2b | 1.1b | 1.1b | 1.1b |
Cost of goods sold | 1.3b | 1.2b | 1.2b | 1.2b | 1.1m | 1.1b | 906.0m | 879.0m | 859.0m | 832.0m |
Gross profit | 266.0m | 240.0m | 270.0m | 252.0m | 1.4b | 250.0m | 252.0m | 233.0m | 239.0m | 219.0m |
Gross profit Margin, % | 17% | 16% | 18% | 18% | 100% | 19% | 22% | 21% | 22% | 21% |
R&D expense | 4.0m | 3.0m | 4.0m | 2.0m | 3.0m | 3.0m | 3.0m | 2.0m | 1.0m | 1.0m |
General and administrative expense | 169.0m | 153.0m | 144.0m | 145.0m | 149.0m | 142.0m | 127.0m | 121.0m | 112.0m | 116.0m |
Operating expense total | 252.0m | 201.0m | 213.0m | 273.0m | 171.0m | 480.0m | 570.0m | 1.3b | 233.0m | 268.0m |
Depreciation and amortization | 61.0m | 61.0m | 60.0m | 61.0m | 60.0m | 60.0m | 115.0m | 112.0m | 112.0m | 117.0m |
EBIT | (49.0m) | |||||||||
EBIT margin, % | (5%) | |||||||||
Interest expense | 36.0m | 34.0m | 35.0m | 33.0m | 37.0m | 22.0m | 20.0m | 20.0m | 20.0m | 17.0m |
Pre tax profit | (22.0m) | (11.0m) | 13.0m | (54.0m) | 54.0m | (252.0m) | (338.0m) | (1.1b) | (14.0m) | (51.0m) |
Income tax expense | (12.0m) | (7.0m) | 30.0m | (4.0m) | 43.0m | (15.0m) | (30.0m) | (90.0m) | 2.0m | (2.0m) |
Net Income | (6.0m) | (4.0m) | (17.0m) | (50.0m) | 11.0m | (237.0m) | (308.0m) | (1.0b) | (16.0m) | (49.0m) |
Conduent Balance Sheet
Annual
| USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|
Cash | 390.0m | 658.0m | 756.0m | 496.0m |
Accounts Receivable | 1.3b | 1.1b | 782.0m | 652.0m |
Current Assets | 1.9b | 2.7b | 2.0b | 1.6b |
PP&E | 283.0m | 257.0m | 328.0m | 342.0m |
Goodwill | 3.9b | 3.4b | 3.4b | 1.5b |
Total Assets | 7.7b | 7.5b | 6.7b | 4.5b |
Accounts Payable | 164.0m | 138.0m | 230.0m | 198.0m |
Short-term debt | 28.0m | 82.0m | 55.0m | 50.0m |
Current Liabilities | 1.4b | 1.4b | 1.2b | 1.2b |
Long-term debt | 1.9b | 2.0b | 1.5b | 1.7b |
Total Debt | 1.9b | 2.1b | 1.6b | 1.7b |
Total Liabilities | 4.3b | 3.9b | 3.3b | 3.1b |
Common Stock | 2.0m | 2.0m | 2.0m | 2.0m |
Additional Paid-in Capital | 3.8b | 3.9b | 3.9b | 3.9b |
Retained Earnings | (526.0k) | 171.0m | (233.0m) | (2.2b) |
Total Equity | 3.3b | 3.5b | 3.2b | 1.3b |
Debt to Equity Ratio | 0.6 x | 0.6 x | 0.5 x | 1.3 x |
Debt to Assets Ratio | 0.3 x | 0.3 x | 0.2 x | 0.4 x |
Financial Leverage | 2.3 x | 2.1 x | 2.1 x | 3.5 x |
Quarterly
Conduent Cash Flow
Annual
| USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|
Net Income | (983.0m) | 181.0m | (416.0m) | (1.9b) |
Depreciation and Amortization | 613.0m | 497.0m | 460.0m | 459.0m |
Accounts Receivable | (27.0m) | 31.0m | 133.0m | 107.0m |
Accounts Payable | (60.0m) | (49.0m) | (56.0m) | (32.0m) |
Cash From Operating Activities | 108.0m | 302.0m | 283.0m | 132.0m |
Purchases of PP&E | (149.0m) | (96.0m) | (179.0m) | (148.0m) |
Cash From Investing Activities | 16.0m | 74.0m | 460.0m | (310.0m) |
Long-term Borrowings | (32.0m) | (241.0m) | (522.0m) | (54.0m) |
Dividends Paid | (10.0m) | (10.0m) | (10.0m) | |
Cash From Financing Activities | 132.0m | (109.0m) | (637.0m) | (85.0m) |
Net Change in Cash | 250.0m | 268.0m | 98.0m | (260.0m) |
Quarterly
Conduent Ratios
| USD | Y, 2020 |
|---|---|
EV/EBIT | -9.6 x |
EV/CFO | -2.4 x |
Financial Leverage | 3.6 x |
Conduent Operating Metrics
| FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Contract Value | $6.85 b | $931 m | $1.24 b | $1.05 b | $4.95 b | $1.43 b | $1.95 b | $771 m | $5.45 b | $952 m | $813 m | $746 m | $3.23 b |
Annual Recurring Revenue | $589 m | $143 m | $130 m | $92 m | $533 m | $93 m | $86 m | $143 m | $599 m | $52 m | $84 m | $71 m | $447 m |
Renewal Rate | 88% | 92% | 89% | 98% | 94% | 94% | 99% | 91% | 95% | 92% | 60% | 93% | 81% |
Patents and Patent Applications | 1.10 k | 1.02 k | 1.01 k | 1.03 k | |||||||||
Trademarks (US) | 154 | 132 | 87 | 76 | |||||||||
Total Contract Value (New Business) | $2.53 b | $530 m | $657 m | $390 m | $2.26 b | $406 m | $372 m | $282 m | $1.60 b | $225 m | $328 m | $234 m | $996 m |
Total Contract Value (Renewals) | $4.33 b | $401 m | $587 m | $657 m | $2.69 b | $1.02 b | $1.58 b | $489 m | $3.85 b | $727 m | $485 m | $512 m | $2.23 b |
- Source: SEC Filings
